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We've Joined the War on Waste

August 11, 2018

The second series of War on Waste has just wrapped up on the ABC. It’s fair to say Series One last year was an eye opener for every day Aussies. Seeing just how much food, clothing and household stuff goes to landfill was pretty shocking. 

 

The War on Waste is focussed on encouraging consumers and businesses to take action. That’s certainly great for our environment but there’s also a financial upside. Cutting back has been popularised in recent years by The Minimalists with their Netflix doco and Mr Money Mustache and his unique approach to cutting back and living the simple life.

 

Here are a few ways the War on Waste can help your hip pocket:

 

Water

Bottled water can cost you nearly 2000 times more than the same thing from the tap. When you think about it, it’s outrageous! When else would you pay 2000 times more for a close to identical product?

 

Fashion

When Craig Reucassel stood on a mountain of clothes in Martin Place, he told us that 6,000 kilograms of clothes are dumped in landfill every 10 minutes. The past year has seen the rise of clothing swaps and fashion rental sites for designer dresses.

 

Coffee

The War on Waste estimated there are 50,000 disposable coffee cups being dumped in landfill every 30 minutes. A KeepCup can save around 50c a coffee and reduces the coffee cup waste. Or go old school and back to the coffee mug and plunger (if you can overcome your coffee snobishness). Anyone who says you can’t save money cutting back on your daily coffee fix, hasn’t done the sums!

 

Food

How much food do you throw away at the end of every week? Decide on a meal plan for the week. Be conscious of what is being thrown away (or better still composted) and actively try to reduce it. According to Oz Harvest, $3,800 worth of groceries per household ends up in the bin.

 

Investing

Taking it a step further but with arguably the biggest bang for your buck is environmentally friendly (responsible or sustainable) investing. While there’s a myth that responsible investments mean sacrificing returns, research shows they are outperforming mainstream funds. Take a look through your investment or super portfolio.  Avoid those companies that do environmental damage and focus on companies that are serious about sustainable solutions.

 

At DPR we're doing our bit to reduce our use of plastic bottles and single use coffee cups. With thanks to our friends at Paddywack we've got these fantastic reusable cups and long life water bottles.

 

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