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Insane excuse for tourist's Colosseum vandalism revealed

<p>The tourist who was caught carving his girlfriend's name into Rome's Colosseum has apologised for his action, while giving a mind-boggling reason as to why he defaced the relic. </p> <div id="story-primary"> <p>Ivan Dimitrov, a 27-year-old Bulgarian-born fitness trainer living in England, penned an apology to the mayor of Rome begging for forgiveness after allegedly using a key to etch “Ivan + Hayley 23” into the wall of the UNESCO heritage site. </p> <p>Dimitrov is facing a steep fine and possible time behind bars for his actions, and told the government official that he did not understand the gravity of his actions until it was too late. </p> <p>His apology, which was published in the Italian newspaper Il Messaggero, reads, “It is with deep embarrassment that only after what regrettably happened did I learn of the antiquity of the monument.”</p> <p>He said he was unaware how old the Colosseum was, and it was only after he was identified by police after a five day search that he understand “the seriousness of the deed committed”.</p> <p>“Through these lines I would like to address my heartfelt and honest apologies to the Italians and to the whole world for the damage caused to an asset which, in fact, is the heritage of all humanity,” Mr Dimitrov said.</p> <p>Alexandro Maria Tirelli, Mr Dimitrov's lawyer, painted his client as a run-of-the-mill ignorant tourist.</p></div> <div> <p>“The boy is the prototype of the foreigner who frivolously believes that anything is allowed in Italy, even the type of act which in their own countries would be severely punished,” Mr Tirelli told Il Messaggero.</p> <p>Mr Dimitrov was <a href="https://oversixty.co.nz/finance/legal/tourist-busted-for-carving-name-into-world-s-most-famous-roman-relic" target="_blank" rel="noopener">blasted onlin</a>e after the video of him carving his and his girlfriend's name into the monument went viral under the title, “A**hole tourist carves name in Colosseum in Rome”.</div> <div> <p>Ryan Lutz, who filmed the act of vandalism, said he had just finished a guided tour of the Colosseum, which was completed in the year 80AD by Emperor Titus, when he spotted the fellow tourist “blatantly carving his name” into the wall.</p> <p>“And as you see in the video, I kind of approach him and ask him, dumbfounded at this point, ‘Are you serious? Are you really serious?’” Mr Lutz said. “And all he could do is like smile at me.”</p> <p><em>Image credits: TikTok</em></p> </div>

Travel Trouble

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We know sweatshop clothing is bad – and buy it anyway. Here’s how your brain makes excuses

<p>You face a dilemma. You’ve found the perfect shirt, and it’s an absolute bargain, but you notice it’s “Made in Bangladesh”. You’re conscious it was probably made using cheap labour. Do you buy it, or walk away? </p> <p>Recently, Oxfam released its annual <a href="https://www.oxfam.org.au/what-she-makes/naughty-or-nice-2022/">Naughty or Nice</a> list. This list highlights retail brands committed to transparent sourcing, separating labour costs in price negations, and conducting a wage gap analysis to work towards paying workers a living wage.</p> <p>This list is one of several resources trying to encourage ethical consumption. Yet despite concerns of sweatshop labour, and consumers claiming they’re <a href="https://link.springer.com/chapter/10.1007/978-981-10-2976-9_5">willing to pay more</a> for ethically-sourced clothes, there remains high demand for ultra-low-price mass-produced clothing.</p> <p>The explanation lies in a psychological phenomenon called <a href="https://www.sciencedirect.com/topics/psychology/motivated-reasoning">motivated reasoning</a>. It explains how people convince themselves sweatshop labour is actually okay, as long as the product is desirable.</p> <h2>The many costs of low-priced apparel</h2> <p>Consumption is an individualistic act. It allows us to distinguish ourselves through our clothing, culture, and even the entertainment we consume. <a href="https://www.cairn.info/revue-rimhe-2016-5-page-45.htm">Ethical consumption</a> is when consumers consider the wider environmental and societal impacts of what they consume, including <a href="https://www.tandfonline.com/doi/abs/10.1080/0267257X.2012.659280">when they purchase clothing</a>.</p> <p>Revenue from the global apparel market is expected to reach <a href="https://www.statista.com/topics/5091/apparel-market-worldwide/#topicHeader__wrapper">US$2 trillion</a> (about A$3 trillion) by 2026. Asia remains the garment factory of the world. It accounts for 55% of global textiles and clothing exports, and employs some <a href="https://www.ilo.org/asia/media-centre/news/WCMS_848238/lang--en/index.htm">60 million workers</a>. </p> <p>And the International Labour Organisation has estimated <a href="https://www.ilo.org/wcmsp5/groups/public/---ed_norm/---ipec/documents/publication/wcms_797515.pdf">160 million children</a>aged 5 to 17 were engaged in child labour at the beginning of 2020 – many of which would have worked in the fashion supply chain.</p> <h2>Isn’t any job better than no job?</h2> <p>A common defence by manufacturers that use exploitative labour arrangements is that such work is often <a href="https://scholar.uwindsor.ca/cgi/viewcontent.cgi?article=1008&amp;context=csspe">the best option available</a> for those workers. Workers voluntarily accept the conditions, and their employment helps with <a href="https://link.springer.com/article/10.1007/s12122-006-1006-z">long-term economic development</a>. </p> <p>At the same time, emerging research argues sweatshops are the <a href="https://journals.sagepub.com/doi/full/10.1177/0950017020926372">result of consumer choice</a>, wherein retailers are simply responding to a demand for ultra-low-price fashion. This infers that if there was no demand, there would be no sweatshops.</p> <p>But one problem with holding consumers responsible is that the vast majority aren’t aware of how their clothes are made. Despite “supply chain transparency” being credited for increasing <a href="https://onlinelibrary.wiley.com/doi/abs/10.1002/cb.1852">brand legitimacy and trust</a>, true transparency is <a href="https://www.tandfonline.com/doi/full/10.1080/10304312.2021.1993575?scroll=top&amp;needAccess=true">difficult to attain</a>, even for retailers, due to the disjointed and <a href="https://www.forbes.com/sites/forbestechcouncil/2022/03/18/why-fashion-supply-chain-traceability-is-a-tech-challenge-that-begins-with-ai/?sh=362e093d5f6d">distant elements</a> of how products move through the supply chain (which includes suppliers, producers, manufacturers, distributors and retailers).</p> <p>Our own <a href="https://www.emerald.com/insight/content/doi/10.1108/JFMM-06-2021-0158/full/html">research</a> into consumers’ perception of worker welfare found people struggle to connect the $5 shirt they bought with the person who made it, or how it was made.</p> <h2>Motivated reasoning</h2> <p>Oxfam’s Naughty or Nice list aims to name (and essentially shame) retail brands that fail to disclose which factories they source product from, and how they manage sourcing integrity. The logic is that if consumers are aware of which brands disclose their ethical sourcing strategies, then they’ll make more informed purchase decisions. </p> <p>Unfortunately, it’s not that simple. Our brains are wired to arrive at conclusions we prefer, as long as we maintain an <a href="https://psycnet.apa.org/fulltext/1991-06436-001.pdf?auth_token=dfa958470d287abcbf517c0362958f295e8fff44">illusion of objectivity</a>. And we do this even when the evidence is contrary to our beliefs.</p> <p>A person can consider themselves an ethical consumer (which forms part of their “<a href="https://positivepsychology.com/self-concept/">self-concept</a>”) and still buy a $5 shirt, though they suspect it may have been made in a sweatshop. They may tell themselves “any job is better than no job” for workers, or “money saved today is money to spend on the children tomorrow”. In doing so they convince themselves they have objectively considered the purchase.</p> <p>The <a href="https://journals.sagepub.com/doi/full/10.1509/jmkr.45.6.633">theory of self-concept</a> explains how consumers can justify the “ethical burden” away. It also suggests people use higher-order thinking to rationalise and <a href="https://journals.sagepub.com/doi/10.1207/s15327957pspr0303_3">justify personal transgressions</a>.</p> <p>Most of us are so distant from supply chain exploitation, and so hooked on scoring a bargain, that seeing a list of “naughty” retail brands won’t change our behaviour. </p> <h2>Evidence of motivated reasoning</h2> <p>Researchers have studied how we use motivated reasoning to arrive at <a href="https://www.sciencedirect.com/science/article/abs/pii/S0749597813000149">more preferable outcomes</a> that help protect our self-concept.</p> <p>In one experiment they examined whether participants would use economic justifications (such as “any job is better than no job”) to book a Caribbean holiday at a resort associated with questionable labour practices. They found participants were likely to rationalise their choice and take the holiday despite claims of exploitative working conditions. </p> <p>In a second study they explored the link between justifications for sweatshop labour and product desirability. As predicted, economic justifications were higher for highly desirable sweatshop-made shoes. Other studies have found motivated reasoning being employed to justify <a href="https://journals.sagepub.com/doi/abs/10.1177/0146167299025001003">keeping overpayments</a> and <a href="https://link.springer.com/article/10.1007/s10551-017-3698-9">self-allocating annual bonuses</a>, among <a href="https://www.tandfonline.com/doi/abs/10.1080/17524032.2014.932817">other examples</a>. </p> <h2>How can you shop more ethically?</h2> <p>The bottom line is ethical consumption must be internally motivated. The good news is once you have this motivation, there are a number of resources to help you. </p> <p><strong>Knowledge is power</strong></p> <p>Oxfam’s Naughty or Nice report, Clean Clothes’ <a href="https://cleanclothes.org/campaigns/the-accord/brand-tracker">Brand Tracker</a>, <a href="https://www.fairwear.org/">Fair Wear</a>, <a href="https://goodonyou.eco/about/">Good On You</a>, and Fashion Revolution’s <a href="https://www.fashionrevolution.org/about/transparency/">Fashion Transparency Index</a> are all great resources to identify which brands disclose their social policies, practices, and impacts in their operations and supply chain. </p> <p><strong>Brand accreditations</strong></p> <p>Most brands will disclose if they have their ethical credentials certified by organisations such as <a href="https://ethicalclothingaustralia.org.au/about/">Ethical Clothing Australia</a>, <a href="https://www.wrapcompliance.org/">WRAP</a> or <a href="https://www.fairtrade.net/about/certification">Fairtrade International</a>. These <a href="https://ethicalclothingaustralia.org.au/steps-to-accreditation/">accreditations</a> generally involve a rigorous process of independent eligibility tests, compliance with guidelines and external annual audits.</p> <p><strong>Self-reporting</strong></p> <p>Many leading brands provide their policies on ethical sourcing and slave labour online (see <a href="https://www.kmart.com.au/modernslavery/">Kmart and Target</a> and <a href="https://www.wesfarmers.com.au/docs/default-source/sustainability/sustainability-documents/2108261641-wesfarmers-approach-to-human-rights.pdf?sfvrsn=237912bb_20#xd_co_f=ODY2ZWYyMGYtMDY4My00ZmQ1LTg4NmEtNjBjOTM0YmFhM2Nm%7E">Wesfamers</a>). Make sure the claims are made in accordance with reporting requirements from <a href="https://www.homeaffairs.gov.au/criminal-justice/Pages/modern-slavery.aspx">Australia’s Modern Slavery Act 2018</a>.</p> <p><em>Image credits: Getty Images</em></p> <p><em>This article originally appeared on <a href="https://theconversation.com/we-know-sweatshop-clothing-is-bad-and-buy-it-anyway-heres-how-your-brain-makes-excuses-192944" target="_blank" rel="noopener">The Conversation</a>. </em></p>

Beauty & Style

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Why the "just one drink a day" excuse no longer cuts it

<p dir="ltr">According to a new study, those who have one standard drink a day are putting themselves at risk of permanent brain damage.</p> <p dir="ltr">The study of almost 21,000 people, published in the PLOS Medicine journal, found that consumption of seven or more units of alcohol per week is associated with higher iron levels in the brain.</p> <p dir="ltr">More iron in the brain is also linked to Alzheimer's and Parkinson's disease and is a potential mechanism for alcohol-related cognitive decline.</p> <p dir="ltr">The participants reported their own alcohol consumption, and their brains were scanned using magnetic resonance imaging (MRI).</p> <p dir="ltr">Of those participants, 7,000 of them also had MRIs on their livers imaged to see the levels of systemic iron.</p> <p dir="ltr">They were also required to complete a few tasks to assess their cognitive and motor function.</p> <p dir="ltr">The participants' average age was 55 years old and 48.6 per cent were female.</p> <p dir="ltr">Anya Topiwala of the University of Oxford, United Kingdom, and her colleagues found that alcohol consumption above seven units per week led to higher iron levels in basal ganglia - the part of the brain that helps with movement.</p> <p dir="ltr">“Markers of higher basal ganglia iron associated with slower executive function, lower fluid intelligence, and slower reaction times,” the study reported.</p> <p dir="ltr">“Iron accumulation in some brain regions was associated with worse cognitive function.”</p> <p dir="ltr">They concluded that moderate alcohol consumption is associated with higher iron levels in the brain.</p> <p dir="ltr"><em>Image: Shutterstock</em></p>

Caring

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Hide and seek killer's astonishing excuse for murder

<p><span>A US woman faces a second-degree murder charge for allegedly killing her partner by zipping him up in a suitcase as she filmed herself taunting him.</span></p> <p><span>Sarah Boone, 42, was arrested on Tuesday over the death of her boyfriend Jorge Torres Jr, 42, who was found dead in an Orlando home on Monday afternoon. </span></p> <p><span>According to court records, Boone told investigators she and Torres had been playing a game of hide-and-seek while drinking during the night. She said she zipped Torres into the suitcase before heading upstairs and passing out.</span></p> <p><span>She said she woke up later and realised her boyfriend was still in the bag, where she found him unresponsive, according to the records. She called 911, and emergency responders who arrived at the home confirmed Torres had died.</span></p> <p><span>Boone gave consent to let investigators search her cell phone, on which they found two videos recorded the previous evening.</span></p> <p><span>In one of the clips, Boone can allegedly be seen taunting her boyfriend as he yells from inside the suitcase and tells her he can’t breathe.</span></p> <p><span>“Yeah, that’s what you do when you choke me,” said Boone in the two-minute video, according to court records.</span></p> <p><span>“That’s on you. Oh, that’s what I feel like when you cheat on me.”</span></p> <p><span>Investigators said another clip shows the suitcase in a different position with Torres calling out for Boone.</span></p> <blockquote class="twitter-tweet"> <p dir="ltr">Arrested: Sarah Boone, 42, for Second Degree Murder in the death of 42-year-old Jorge Torres Jr., who died after Boone zipped him into a suitcase, and didn’t return for hours. <a href="https://t.co/JCHWG7WNkp">pic.twitter.com/JCHWG7WNkp</a></p> — Orange County Sheriff's Office (@OrangeCoSheriff) <a href="https://twitter.com/OrangeCoSheriff/status/1232479493001859072?ref_src=twsrc%5Etfw">February 26, 2020</a></blockquote> <p><span>Deputies with the Orange County Sheriff’s Office <a href="https://www.buzzfeednews.com/article/davidmack/florida-boyfriend-killed-zipped-suitcase">wrote</a>, “Jorge begged Sarah repeatedly telling her he could not breathe and Sarah left him in the suitcase.</span></p> <p><span>“[This] therefore proves the unlawful killing of Jorge by Sarah’s actions that were imminently dangerous and demonstrated a depraved mind without regard for Jorge’s life.”</span></p>

Travel Trouble

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Why alcohol is no excuse for bad behaviour

<p>Many of us know that feeling of waking up, headache in tow, struggling to remember what we said and did after that extra drink the night before. And then suddenly, the memories vividly resurface.</p> <p>Alcohol disinhibits us, making us say and do things that we’d otherwise keep under wraps. People will often drink to gain “Dutch courage” in a demanding situation. Many of us can understand the appeal of having a drink before a blind date or a social event – it can help to calm our nerves and cultivate confidence. That’s because alcohol has a depressant effect which makes us feel more relaxed.</p> <p>Of course, alcohol’s effects aren’t all positive. We’ve all adopted nicknames for the characters that we become after a few drinks. Maybe you’re the “happy drunk”, or perhaps you’ve built a reputation for being the “aggressive drunk” who takes everything the wrong way after a pint.</p> <p>The relationship between alcohol and antisocial behaviour is well documented – both anecdotally and <a href="https://www.sciencedirect.com/science/article/pii/S0277953600003300">in research</a>. Plenty of arguments and fights stem from someone having had one too many. Scientists believe we behave like this when drunk because we misinterpret social situations and lose our sense of empathy. In essence, once we start slurring words and stumbling, our ability to understand or share the emotions of others goes out the door, too.</p> <p><strong>Own your drunken decisions</strong></p> <p>If someone has done something wrong while under the influence of alcohol, we tend to give them a “get out of jail free card”, rather than <a href="https://journals.sagepub.com/doi/10.1177/0146167283093016">hold them accountable for their actions</a>. We also extend these excuses to ourselves.</p> <p>But in our research, we’ve attempted to paint a clearer picture of how drinking alcohol, empathy, and moral behaviour are related. In turns out that while consuming alcohol might affect our empathy, making us respond inappropriately to other people’s emotions and reactions, this doesn’t necessarily change our moral standards, or the principles we use to distinguish between what is right and what is wrong.</p> <p>In a <a href="https://link.springer.com/epdf/10.1007/s00213-019-05314-z?shared_access_token=oYcskAVkhizN4C3QUE4omfe4RwlQNchNByi7wbcMAY79mqcJ6CjoCtvwzAVeRDcdkIwptPJ8MNB6w-8ulA0FnoD-WhCD-4_TH7WH0TQd01S0dsgyHXR2Tm5uoR-kkuvhFl06oVfAEMRLFDbqacExIg%3D%3D">recent experiment</a>, we gave participants shots of vodka and then measured their empathy and their moral decisions. We presented images showing various people expressing emotions to our participants. After having a higher dose of vodka, people began to respond inappropriately to these emotional displays, reporting that they felt positively about sad faces and negatively about happy faces. The more intoxicated people were, the more impaired their empathy became – having a few drinks weakened people’s abilities to understand and share the emotions of others.</p> <p>But did this then have an effect on their morality?</p> <p>We had people tell us what they thought they would do in moral dilemmas and then also looked at what they actually did in a <a href="https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0164374">simulation of a moral dilemma in Virtual Reality</a>. Consider what you might do in one of these situations:</p> <blockquote> <p>A runaway trolley is heading down some rail tracks towards five construction workers who can’t hear it approaching. You’re standing on a footbridge in between the approaching trolley and the workers. In front of you, is standing a very large stranger. If you push this stranger onto the tracks below, their large bulk will stop the trolley. This one person will be killed but the five construction workers will be saved. Would you do it?</p> </blockquote> <p>While alcohol might have impaired the empathy of our participants, it didn’t have an effect on how they judged these moral situations or how they acted in them. If someone chose to push the person off the footbridge in order to save more lives while sober, they did the same thing when drunk. If people refused to sacrifice the person’s life in the same situation because they believed that killing was wrong regardless of the consequences, they also did the same when drunk.</p> <p>It turns out that while we might believe that alcohol changes our personalities, it <a href="https://journals.sagepub.com/doi/10.1177/2167702616689780">doesn’t</a>. You’re still the same person after a drink – your existing sense of <a href="https://link.springer.com/article/10.1007/s00213-019-05314-z">morality left intact</a>. So while alcohol might affect how we interpret and understand the emotions of other people, we can’t blame our immoral behaviours on alcohol.</p> <p>Drunken you has the same moral compass. And so you are responsible for your moral and immoral actions, whether you’ve had a few drinks or not.<!-- Below is The Conversation's page counter tag. Please DO NOT REMOVE. --><img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important;" src="https://counter.theconversation.com/content/122298/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: http://theconversation.com/republishing-guidelines --></p> <p><em>Written by <span>Kathryn Francis, Lecturer in Psychology, University of Bradford</span>. Republished with permission of </em><a rel="noopener" href="https://theconversation.com/alcohol-really-is-no-excuse-for-bad-behaviour-research-reveals-youre-still-the-same-person-after-a-drink-122298" target="_blank"><em>The Conversation</em></a><em>.</em></p>

Mind

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"No excuse": Passenger shocked by $9 sandwich on Jetstar flight

<p>A man has been left disappointed and unimpressed by his $9 “soggy” sandwich after a flight with Jetstar.  </p> <p>A good sandwich shouldn’t be too hard to come by, at least that’s what Nick Mosley thought when he hungrily tucked into what was supposed to be a deli sandwich trio on his flight from Bali, Indonesia to Perth, Australia.</p> <p>What was meant to be a treat after a long holiday quickly became a frustrating expense.</p> <p>Unfortunately for him, what he bit into was less than appetising – a bare lettuce leaf with an egg and mayo mix spread on to the bread with smeared margarine.</p> <p>Taking to Twitter to share his disappointment, he posted a few pictures of the sad-looking sandwich and wrote: “I must say @JetstarAirways have a cheek charging AUS$9 for sandwiches… without any fillings…. Great for their bottom line but not so good for filling the tums of customers.”</p> <blockquote class="twitter-tweet" data-lang="en"> <p dir="ltr">I must say <a href="https://twitter.com/JetstarAirways?ref_src=twsrc%5Etfw">@JetstarAirways</a> have a cheek charging AUS$9 for sandwiches... without any fillings... Great for their bottom line but not so good for filling the tums of customers <a href="https://t.co/dok9GicE9E">pic.twitter.com/dok9GicE9E</a></p> — Nick Mosley (@BrightonNick) <a href="https://twitter.com/BrightonNick/status/1082244098331799552?ref_src=twsrc%5Etfw">January 7, 2019</a></blockquote> <p> “I had a bit of a craving for a sandwich. Having eaten many sandwiches in my life, it wouldn’t have cross my mine to peel back the bread to check the filling,” Nick <a href="https://www.dailymail.co.uk/news/article-6589237/UK-tourist-stunned-paying-5-petrol-station-sandwich-Australian-airline.html">told the Daily Mail.</a></p> <p>"However, after the first mouthful of somewhat soggy bread and margarine, peel back I did.</p> <p>“I paid for it so there is really no excuse for serving inadequate products. It was a shocker – it made a petrol station sandwich look like a gastronomic feast,” he said.</p> <p>The airline reached out to the unsatisfied customer offering a refund and an apology.</p> <p>Have you ever paid for an expensive meal only to be left unsatisfied? Let us know in the comments below.</p> <p> </p>

Travel Trouble

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Thomas Markle blasts the Queen for snubbing him: “She has no excuse not to meet me”

<p>Ever since Prince Harry and Meghan’s relationship captivated the attention of the world, her father has managed to get himself in a muddle with reporters on multiple occasions.</p> <p>Now, Thomas Markle has told US celebrity website <em>TMZ</em> that he is offended he has not had a private audience with the Queen before President Trump.</p> <p>The 73-year-old also claimed that he has received the silent treatment from the royal family since doing a paid tell-all interview with British talk show <em>Good Morning Britain</em> last week.</p> <p>“If the Queen is willing to meet our arrogant and insensitive President she has no excuse not to meet me, I’m nowhere near as bad,” he said.</p> <p>During the interview, Thomas said he thinks the Queen has put him in the “penalty box” after his last interview, in which he talked about Harry and Meghan’s future children.</p> <p>The Queen is set to meet Mr Trump during his trip to the United Kingdom next month.</p> <p>Thomas has still not met Meghan’s new husband, Prince Harry, as he did not attend their wedding because of heart problems and controversy surrounding a staged paparazzi shoot.</p> <p>During his interview with <em>TMZ</em>, Thomas said he was planning to travel to the UK to visit his royal daughter and meet Harry.</p> <p>His latest comments are sure to increase tension between Meghan’s extended family and the royals.</p> <p>During the TV interview last week, he also said his daughter would benefit the royal family.</p> <p>“The royals are very complicated, but she can always rise to that occasion. My daughter is capable of anything and she will be a compliment to the royal family.”</p> <p>He also claimed that Prince Harry was “open” to Brexit and had told him to give Trump a chance, despite the royal family not being allowed to be political in public.</p> <p>“All Harry actually did was say because Trump was new, he said: ‘Give him a chance.’”</p> <p>A royal commentator and a biographer of Prince Harry, Angela Levin, said those claims would have particularly upset the royal family.</p> <p>“I think the Queen will be very angry. She is absolutely the model of the stiff upper lip and not saying anything that is too political.”</p> <p>Prior to the royal wedding, Meghan’s mum, Doria Ragland, met the Queen for afternoon tea. </p>

News

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Excuses, excuses! Facing up to why we fail with money

<p>My excuse for failures of discipline in my money life is sleep apnoea.</p> <p>What's yours?</p> <p>I reckon we all have excuses for our poor money choices, and often they are lies.</p> <p>Sleep apnoea is a curse that reduces your energy, and fuzzes your brain. Some respond better to the treatments available than others. But for me, it often feels easier to put off, and put off, things I should do because I feel perpetually tired.</p> <p>The immediate over-rides the stuff that can be postponed. That review of our insurance cover takes a second seat to attacking the garden hedge. In a way that's a survival mechanism, but it is also an excuse.</p> <p>The money excuses I hear from others are varied.</p> <p>My favourite two are: "I'm not a money person" and variations of the pernicious "because I'm worth it/because I deserve it".</p> <p>I can understand the attraction of defining yourself as not being a "money person", or being "bad with money".</p> <p>It sides you with the goodies, the lovely people who value people/the arts/nature over things. But it is nonsense in a world where money is ubiquitous.</p> <p>If you don't want to be a money person, you really have to go and live somewhere like Gloriavale where money has no currency.</p> <p>The "I'm bad with money" excuse is really an abdication of responsibility. It's an excuse not to find out whether you are in the right KiwiSaver fund, or whether you have adequate insurance.</p> <p>New Zealand is a money society. There are consequences for frittering your resources and opportunities.</p> <p>Making a choice not to prioritise earning and saving is a legitimate one. It's a choice thing. Just don't lie to yourself about it. I prioritise time with my girls over a single-minded approach to seeking wealth. That's my choice. But I've still worked, saved, insured and attacked the mortgages I have had since my financial awakening several decades ago, an awakening prompted by the early death of my father.</p> <p>The "because I'm worth it/because I deserve it" excuse is just as nonsensical as the "I'm bad with money" excuse. They are empty words. Everybody is "worth it" from the child in a poor home to the multi-millionaire.</p> <p>The question is not whether you are worth it, but whether you can afford it.</p> <p>That's a tough question. We often interpret affordability as meeting the monthly repayments, which is a mistake. You judge affordability against your future need fo the same money.</p> <p>You deserve to be able to heat your home when you are 75, but that doesn't mean you will be able to.</p> <p>The choices you make now, whether justified by excuse or clear-eyed strategy, will play a big part in determining whether you will be able to get your heating desserts at 75.</p> <p>New Year brings a moment each year to draw a line under the old ways, and to do things better. Instead of making resolutions this year, stop repeating your money excuses over and over again.</p> <p><strong>Golden rules </strong></p> <ul> <li>Identify your money excuses</li> <li>Stop repeating them</li> <li>Make a fresh money start this year</li> </ul> <p><em>Written by Rob Stock. First appeared on <a href="http://www.stuff.co.nz/" target="_blank">Stuff.co.nz.</a></em></p> <p><strong>Related links: </strong></p> <p><span style="text-decoration: underline;"><strong><em><a href="http://www.oversixty.co.nz/finance/money-banking/2015/12/10-apps-to-help-you-budget-this-year/">10 apps to help you budget this year</a></em></strong></span></p> <p><span style="text-decoration: underline;"><strong><em><a href="http://www.oversixty.co.nz/finance/money-banking/2015/12/fix-your-finances-after-christmas/">Your post-Christmas financial detox</a></em></strong></span></p> <p><span style="text-decoration: underline;"><strong><em><a href="http://www.oversixty.co.nz/finance/money-banking/2015/12/older-people-better-in-business/">The older you are, the better it is for going into business</a></em></strong></span></p>

Money & Banking