Slow Money: The how & why to slowing money down.

In the previous Slow Money post, I posed some questions about the velocity of our money. Below are some results of our money moving so fast vs. some solutions that result from slowing money down.

 

 

This is all great, but how do we do this? Well let’s revisit the riddle I asked.  A raging bull is in front of you. You can’t go around, over, or underneath it. You can’t outrun the bull. How do you escape?   Answer – Throw sand in the bull’s eye.  I realize the answer is anticlimactic, but sometimes the solution is elusive even though it is obviously right in front of you.slow money

So here is the sand.  Slow money is a movement that takes local investors and funds local companies, specifically in food. Woody Tasch has written a book that enlightens the topic in much more detail.  Here is why this is gaining popularity.

First of all, just as sunlight is the catalyst for photosynthesis, cash is essential for business growth.  Imagine a group of 100 investors defer $1000 from their 401(k) and invest into a local slow money fund. This fund invests in a small organic farm, or a local bakery, or an artisan food entrepreneur.  Now $100,000 is available one or all of these prospects.

Why Food?

  • Food is essential part of all consumers’ budgets.
  • Smaller tastes better.
  • Local is fresher and more nutritious.
  • Food start-ups require less capital. (imagine the investment to start building commercial jet airliners)
  • Small food entrepreneur’s passion for their products is seen in the quality.

So now you are one of the those 100 investors. You found out you are loaning a local bakery $10,000 for a new oven. Would you stop by and try the bread?

skinny batches
Skinny Batches

If it tasted good, would you purchase it? Would you tell your friends to buy it? Or would you buy the mega grocery store’s bread instead?

Here is another question. You are the baker. Some of your customers are also the people who helped fund your new oven. Would you make sure you take care of your customers? They could also be your neighbors or friends.  You may even coach their kids in soccer. Wouldn’t your work hard to make sure you pay them back?

Think of the best loaf of bread you have ever eaten. Where did come from? I doubt it came from a mega grocery store, and I would bet you would like to buy it again.

By doing this (slowing our money down), and then doing it again, and then again, slowly our financial problems ebb away.  And slowly we restore our local economies all while providing something we all want – good food.

Slow Money: Why slow down our money?

Slow money is a big topic, but I will attempt to explain it in two short blog posts.

Velocity: Can faster be unfavorable?

Ironically, the faster we go, the less we truly see. Speed insulates us from organic detail, and space becomes not homes, neighborhoods, and individual lives, but a disembodied medium through which we move. Though more is seen, less is observed, for the depth of our understanding is inversely proportionate to our velocity. 1

Perhaps money has been moving too fast in the last century.

slow money
Photo (cc) by Flickr user rednuht

To Big To Fail, | Government Bailouts | Credit Default Swaps | Occupy Wall St. | The Other 98% | $15 Trillion In Debt

Can you explain what and why these have happened? Perhaps we wanted to make a dollar so fast, we didn’t look out the side window as to the means to these expeditious ends.

Question: Do you know where your money in your 401(k) is going?

A mutual fund is not a sufficient answer. Do we care to know which companies are receiving our money? Do we care how they make their money? Or do all we care about it is a piece of paper that comes in the mail every quarter stating a percentage, return on investment (ROI), hoping that it is black and positive?

Slow money is an idea that returns the control and understanding of our investments and finances to us vs. financial institutions promising a better ROI.

Now obviously this post has to be about something food orientated. So how does investing in food solve the previous issues, especially when they seem so overwhelming, daunting and ominous?

Tuesday’s post will have a solution and will answer the following riddle:

A raging bull is in front of you. You can’t go around, over, or underneath. You can’t outrun the bull. How do you escape?

1 Stephen Bertmann- Hyperculture: The Human Cost of Speed

Introducing Fooducopia’s Chef & Co.

The fun part about working at Fooducopia is the many different aspects to food.  Our goal at Fooducopia is to provide you with as many opportunities to discover and purchase delicious food from small producers.

Buy Artisan FoodFirst, we discovered quality food comes from small producers.  An online marketplace for small food producers allows consumers an easier way to discover and purchase these delicious products.  So we created Fooducopia.com

Online Grocery Store DenverThen we determined that proximity is very important to the food chain. Buying food produced nearby tastes better, has more nutrition, and has a positive impact economically and environmentally. Therefore, we created Fooducopia’s Corner Store.

Now we found one more important part to food; preparation and the enjoyment of eating it with good company. Introducing Fooducopia’s Chef & Company – or – Chef & Co.

Chef N Co

A talented chef, entrepreneur, avid skier, and good friend came to me with the idea. Chef Richard Glover and I held several events over the summer that incorporated food preparation and fun times with friends. The combination of delicious artisan food, fresh local produce, excellent preparation, and good company made it a must attend.

Going forward, you will see us promote new events, provide cooking demonstrations, and offer new ways to enjoy food with company.  Learn more on our Facebook Page  Chef & Co Facebook

Below is our first attempt at a cooking video. This was suppose to be a test run, but we decided it turned out worthy of the blog.  We had some fun creating it so please enjoy, and we would love to hear your comments.

 

Fooducopia’s Gift Box Store is Now Open!

All Gift Boxes Include FREE SHIPPING!

Fooducopia's Gift Boxes

We are offering Free Shipping on all our Gift Boxes.  So make your list, check it twice, there’s even a box with a little bit of spice.  This is the perfect time to send a delicious gift to family and friends, all from the convenience of your home or office.

 

Here are some examples: (click on the picture to purchase)

Snack Attack Gift Box
Snack Attack
The Breakfast Club
Apres Dinner gift box
Apres Dinner
gluten free gift
Gluten Free Favorite

 

 

 

 

 

Colorado savory gift box
A Gift with Kick
Colorado sweet gift box
Sweet Tooth Cure
Foodie gift box
Foodie Favorite
Colorado favorite gift boxes
Colorado's Finest

 

 

 

 

 

 

3 Reasons to Buy Fooducopia Gift Boxes:

1. Watch to see the alternative!

Yikes or rather Burrrrrrrrr:

 

 

2. Support Small Business

Don’t give your money to the Wal-Marts, Best Buys, and Macy’s. They have plenty.

Support small businesses. These entrepreneurs are everyday people, like your neighbor, your aunt, or even a co-worker.

3. A Tasteful Gift!

Impress your family and friends with a unique gift! Each item has a secret ingredient of ‘Heart and Soul’ that provides incredible flavor.

With each gift you get to send:

  • Delicious Food
  • A Wrapped Gift with To/From Tag
  • A Personal Message

 

Creating a Gluten-Free Kitchen

It is not difficult to create a gluten-free baking environment for a single baking session, or to permanently maintain a completely gluten-free preparation and baking area.

Luane KohnkeOne simple rule to follow is: “gluten-free first.” If you are sharing a kitchen with food that contains gluten, gluten contamination is possible. Therefore, when baking, always prepare the gluten-free items first. This makes it less likely that equipment, such as cookie sheets and baking pans, will be contaminated by gluten crumbs.

If it is not practical to make the gluten-free items first, thoroughly wash all baking equipment, including utensils, cookie sheets, and baking pans, before using them. Otherwise, maintain and use an entirely different set of “gluten-free only” utensils and pans for gluten-free baking. As part of the food preparation process, thoroughly clean all surfaces, including countertops and cutting boards. Using a clean cloth or damp sponge, wipe down standing mixers and the exterior surfaces of food processors. It is important to remember that even a few gluten-containing crumbs can be harmful to people who have celiac disease or wheat allergies.

If possible, maintain a “gluten-free only” container for your gluten-free baked goods. However, if the container is also used occasionally for gluten-based products, be sure that it has been thoroughly washed and dried to minimize the possibility of gluten contamination.

Finally, never commingle gluten-free and gluten-based products. Serve gluten-free items on separate plates or trays, apart from any gluten-based items. Inform people as to which are gluten-free and which are not. Label serving trays, if you feel it is necessary. This will help to prevent any possible confusion or contamination.

Thanks to Chef Luane Kohnke

gluten free cookiesLuane Kohnke is an accomplished gourmet cookie baker based in New York City. She received her professional training from the Institute for Culinary Education (ICE) and published a cookbook called Gluten-Free Cookies in March 2011.