Stop hiding

Stop hiding

As a volunteer budget adviser, I often see clients that ignore their debt problem. Their theory is, “If I ignore it then I won’t know there is a problem.”

I have had clients come into the office with a pile of unopened envelopes. They know it is bills inside but by not opening the mail, they convince themselves that there are no bills to pay and there is no problem. But guess what? It doesn’t […..]

The normalisation of credit card debt

The normalisation of credit card debt

Credit card debt has become so normal that we no longer call it debt. It is called a credit balance. Sounds much nicer doesn’t it? This was no doubt rephrased by the credit card industry to normalise debt. In a similar way Kentucky Fried Chicken rebranded to KFC because they didn’t want people thinking of the word ‘fried’, the credit card industry doesn’t want […..]

Breaking news - David Hisco starts GoFundMe page for limousine habit

David Hisco has thanked thousands of donors for coughing up over $400,000 to fund his need to travel in a limousine.

When asked about the crowd funding page, Hisco replied “Limousines aren’t cheap you know?”

Hisco lashed out at reporters when they asked him why he doesn’t travel in more traditional forms of transportation like the rest of society. “You have to be kidding me” he added “As a bank manager I was responsible for loaning billions to everyday New Zealanders. The least I deserve is something back in return”.

Mr Hisco finished the statement by saying “A 3 million dollar a year income is not what it used to be. Times are tough”.

They are indeed Mr Hisco. They are indeed.

Rent prices are linked to income, not house prices

Rent prices are linked to income, not house prices

Previously I’ve written about the hidden costs of home ownership, that housing is not the dream, so called property gurus, and false housing stories. Anyone would think that I am against home ownership.

I am not against home ownership. I am for maths and facts.

So that brings me to today’s short post based on a common misperception of current and wannabe landlords […..]