Saving to spend is not saving.
The problem with thinking this way is that you trick your brain into thinking you are saving more than you actually are. This means […..]
Are you optimising your money at the expense of your time and mental capacity?
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
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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 […..]
