August Money Chats Wrap-up: Here’s what you may have missed
In our recent Money Chats series, we touched on some grunty topics. Topics based on life events that really required a shift in your mindset as to how you manage your money. Here’s what we learned.
How doing nothing could cost you more than you think
Whether we’re officially in a recession or not, many Kiwis are feeling the pinch of high inflation and high interest rates. While staying the course may feel the best thing to do, doing nothing can actually hurt us more in the long term.
Why your money personality is the secret sauce to your financial success
We often believe that financial literacy is the driving force behind financial success. But, there’s actually many factors contributing to our financial wellbeing – and a big one is our money personality.
How upbringing and culture influence our investment decisions
How comfortable you are with money, your ability to create a savings plan and your attitude towards investing can be determined back in your childhood. Watching how your parents dealt with finance and the effect that had on you and your circumstances can influence your appetite for financial risk. Do you remember hearing the sayings […]
Understanding your money mindset
When it comes to our personal journey of understanding money a fundamental step seems to be continuously missed – understanding ourselves. We’re not quite as black and white with our finances as we like to think and one would benefit greatly from understanding their money mindset to better shape their financial future. But what on […]
How to live the retirement of your dreams
Do you know how much you’ll need to live the retirement of your dreams? Here’s how to know how much you’ll need and make sure you have enough when you retire.
This is how much your 30-year mortgage could actually be costing you
30-year mortgages are now the most popular term with 57% of new mortgages taken out in 2022 issued with this long-term option – a figure that has been rising steadily since 2017, and one that’s highest amongst first home buyers (at 74% of this group). While the length of the term can make the mortgage […]
Are you sinking in short-term debt?
It feels like everywhere we turn we’re being inundated with the temptation to spend money we do not have – and services that enable us to do so. Credit card preapprovals from our bank, Buy Now Pay later options at our favourite stores, loans to pay for a new car or well-deserved overseas holiday (we […]
How your money mindset impacts your ability to grow wealth
We’ve talked before about raising financially independent kids, and how parents are responsible for teaching their kids how to be good with money. So, have you considered how your own upbringing has impacted your relationship with finances, or what exactly is influencing your day-to-day money decisions? Even if your parents didn’t consciously teach you about […]
Are you setting your kids up for financial success?
Have you ever wondered what lesson you’re teaching your kids when you give them pocket money? Is it tied with ‘earning’ – if they do more chores around the home they get paid more, which gives them more flexibility about how and where they spend these hard-earned coins? Or, is it just that paying your […]
