There has been a recent post on a Facebook group I follow from someone who is optimising their short term cash.
They have spent the last 12 months working out a system to make the most of every dollar. We have the results of their work here […..]
Best rewards credit cards in NZ
I never thought I would be writing an article about credit cards.
I am generally not a fan of credit cards, even for the most disciplined savers out there.
There are numerous studies that come to the conclusion that people who have credit cards tend to spend more than those without credit cards. That is the human condition.
However, some people can use credit cards responsibly, and there is a need for choosing the right credit card for your situation. It can be a difficult decision with so many options out there. Some offering air points, some hot points, others cash, and others true rewards.
I have tried to simplify the complexity, by making two new […..]
DIY financial planning can be very costly
Kiwis love to DIY.
This extends to financial planning too. Check out this report from Fidelity. Only around 22% of kiwis working with a Financial Adviser. Almost half of […..]
Start managing your finances like a boss
New compound interest calculator
What to do with news you are being made redundant
A sneaky peak into a typical financial plan
Common financial planning errors that need fixing
How much does that financial adviser's commission cost you?
Where should I put my emergency fund for best returns?
Is compounding really that magic after all?
There is not much more in the personal finance world that gets a money person (me included) drooling than compound interest.
Just the mention of those two words lights up their eyes.
If you are a regular reader you would already know about the benefits of compound interest by how much I talk about it.
But sometimes I feel I may be overstating the importance of compound interest […..]
Give your money purpose - It is there to be used
Our lives go through seasons, so use your money accordingly
The unexpected costs of kids
Economic predictions are not worth the paper they are written on
From spender to saver
The Reserve Bank want a recession....Or do they?
Since last week’s 0.75 percentage point increase in the official cash rate, there’s been much talk about a recession. Although it was a large increase in OCR, the talk has been more based around the commentary from the Reserve Bank.
The Reserve Bank mentioning in no uncertain terms that inflation must be tamed and that they are trying to engineer a recession. Of course, the […..]
How small changes matter for your money
The advantage of having money
When you have no money you can only afford the cheapest of everything. Unfortunately though, cheap often costs more over the long run.
Not until you start building up your cash reserves do more options open up.
When you have no money, for example, you may only be able to afford a $50 pair of shoes for work. These shoes, due to the poorer quality of materials, may need replacing every year. Whereas a […..]
