Author Archive | Moneymax

Housing Related Poverty

Older People in Housing-related Poverty

The Government has recently released its report ‘Stocktake of New Zealand Housing’ which looks at homelessness and housing-related poverty. Undertaken by a team of independent experts, this report brings into the open the consequences of falling home ownership. A significant cause is the under-supply of housing; the number of houses being built has fallen behind […]

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Four Pillars

The Four Pillars of Retirement Income

There are several different ways to generate cash from an investment portfolio to top up your retirement income. Many retirees make the mistake of confusing cash with income and this leads them to invest in interest-bearing investments such as bonds and term deposits to supplement their superannuation. Yet interest is only one of the ‘four […]

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Silver Splitters

Silver Splitters

It is common for two people to stay in an unhappy relationship for the sake of children and because they can’t afford to split their assets and income in half. But is seems that now, the number of people who divorce later in life is on the increase. Known as silver splitters, they are over […]

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Simplify and Automate

Holiday time is a great time to declutter.  Just as cupboards and wardrobes fill up with unused or out of date items, your financial affairs can become cluttered. Whether it is bank accounts, credit cards, store cards, loyalty cards, loans, investments or insurance, you can easily get to the point where you have so much […]

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Goal Setting Secrets

Goal Setting Secrets

Having goals focuses your mind on what you need to know and do to be successful, so that you can make the most of your life. The start of a new year is great time to set goals. However, if you want to be able to achieve your goals there a few secrets in how […]

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money guilt

Get Rid of Money Guilt

The New Year is a chance to make resolutions to eat healthier food, exercise more often and manage money better. Just like diet and exercise, money is something that people feel often guilty about. Opening your credit card bill after Christmas and the New Year sales can certainly create the feeling that you have done […]

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Starting Out Resized

Starting Out

Starting out in life after school or tertiary education is an exciting milestone. It is one of the best times in life, with a future full of potential opportunities, without the responsibilities of dependent children to support and with few financial commitments. Anything is possible at this stage of life. However, it is also a […]

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taking risk

How Much Risk Can You Take?

Whether you are investing money, setting up a business or gambling on horses, your first consideration, before parting with any money, should be how much risk you can afford to take. Risk is not necessarily the probability of loss – it is the probability that an outcome will be different than you expect. For example, […]

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Greatest Gift

The Greatest Gift

Giving to others brings great pleasure and happiness and there is no better evidence of this than the joy of Christmas. However, giving is often loaded with emotion and purpose. We place various meanings on the act of both giving and receiving. In some cases, people give to make themselves feel better – perhaps by […]

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1-Track your KiwiSaver

Track Your KiwiSaver

KiwiSaver is an easy way to invest. Your contributions are deducted automatically, along with the contributions from your employer, and every year the Government pays you a tax credit. You could argue that KiwiSaver is a ‘set and forget’ type of investment. However, paying little or no attention to your KiwiSaver is not wise. There […]

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Break Christmas Debt Cycle

Break the Christmas Debt Cycle

There is no doubt that Christmas is one of the most expensive times of the year. Many families find themselves still paying off Christmas debt months later. Here are a few tips to help keep you out of the cycle of debt over Christmas: Set a budget for Christmas and stick to it. Set your […]

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KiwiSaver Investment Strategy

Your KiwiSaver Investment Strategy

Now, more than ever, it is time to make sure your KiwiSaver investment strategy is matched to your investment time frame. KiwiSaver was introduced ten years ago and since that time we have seen strong growth in the share market. KiwiSaver members have not yet experienced a period of high volatility. The share market is […]

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