Creating Assets, Savings, and Hope
Volume 3, Issue 2
July, 2014
T Back to School Edition!
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Where Can You Find Your Olive?
Do you remember the 80’s? Whether you were just a mere babe
then, or had already been around the block a few times, you have
probably heard the story of an American Airlines executive, Robert
Crandall, that saved the airline $40,000.00 just by cutting one olive
from each salad served in flight. (Yes, for you younger ones, they
used to serve meals in flight – it was the norm back then.) Now that
$40,000.00 didn’t come solely from the cost of each olive, but also
from saving the money in fuel by reducing the weight in the plane.
Do you imagine that the customers flying American Airlines back
then even noticed the olive missing from their salads?
I have told you all of this to bring you to my point, which is, even
though we aren’t major corporations looking to save tens of thousands of dollars, our own households are often looking to save
money and we all have areas in which we can cut back in barely
noticeable ways.
In this back to school season there are numerous ways to cut
back in barely noticeable ways. You can stock up for the year when
notebook paper is on sale, purchase cheaper off brands of crayons
and markers rather than the name brand (RoseArt instead of Crayola) or get the standard yellow #2 pencils instead of the One Direction or Teenage Mutant Ninga Turtle pencils.
Please think over how you plan to find your olive – that thing that
will save you money and that will barely be noticeable – and join
in the discussion on FaceBook. Just go to www.facebook.com/
CreatingAssetsSavingsHope and tell us what your olive is with the
hashtag #ThisIsMyOlive.
What You Will
Find Inside
• Where Can You Find
Your Olive?
• Summer Crock Pot
Santa Fe Black Beans
• New Text Reminder
Service
• Fun Financial Learning games for Kids
Through education and asset building, the Creating Assets, Savings, and Hope Program empowers low to moderate income
households to achieve financial self-sufficiency by teaching new habits of financial responsibility.