Puff Balls

Puff Balls

Wednesday, May 25, 2011

Half a trillion!!! Breaking the bank for hair care.

Piggy bank image by RambergMediaImages

I was perusing FaceBook and went onto the page for Nappturality (if you haven’t already, please check it out: http://www.facebook.com/pages/Nappturality/120615415653). On the page, I came across an article entitled “What spending a half a trillion dollars on hair weaves says about us” (http://atlantapost.com/2011/05/11/what-spending-a-half-a-trillion-dollars-on-hair-care-and-weaves-says-about-us/4/). My mouth fell open. Wait, half a trillion?!! You mean to tell me that the US deficit is around $14 trillion and we spent half a trillion on our HAIR in 2009?! Are you kidding me? Okay, I don’t know about you but I need to do some research because this cannot be right. Can it? I’ve been blogging about hair and identity for just over a month now and I’ve come across many interesting facts and opinions. However, half a trillion dollars on hair care and weaves threw me for a loop. Perhaps it’s because half a trillion dollars is an amount of money that can impact economies. Just to put it into perspective, here are other things valued around half a trillion dollars:

1. The cost of the 10+ year pursuit of Osama Bin Laden (http://online.wsj.com/article/SB10001424052748703859304576306942627633336.html)

2. Potential government cuts to Medicare to help balance the budget (http://www.huffingtonpost.com/dave-johnson/half-a-trillion-in-cuts-t_b_809577.html)

3. The amount of pension deficits faced by big US cities (http://www.cnbc.com/id/39626759/US_Cities_Face_Half_a_Trillion_Dollars_of_Pension_Deficits)

4. Revenues generated by Asian-Owned businesses (http://blogs.census.gov/censusblog/2011/04/asian-owned-businesses-bring-in-half-a-trillion-in-revenues-.html)

Imagine if we put a portion of that money towards things like…education, job training. Alright, I need to go think about this. What do you all think? What does this mean? Are we just spending like everyone else or is there something deeper going on here? If you think we’re spending too much, how might we go about reducing our expenditures? Well, glad you asked. Here are a few websites that talk specifically about how to save money on hair care:

http://blackhair.about.com/od/products/tp/savemoneyonhaircare.htm; http://budgetstyle.about.com/od/haircare/tp/save_money_on_hair_care.htm; http://www.naturallycurly.com/curlreading/home/how-to-save-money-on-hair-care-products; http://madamenoire.com/34069/how-to-save-money-on-haircare/; http://www.examiner.com/natural-hair-in-columbus/budget-friendly-hair-care.

What are some of the unique things you’ve done to save money on hair care?

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