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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Underspending

Avoid Underspending in Retirement

One of the biggest mistakes retirees make is to underspend in their retirement. Retirement is full of uncertainties, so the safest strategy is to spend as little as possible. There is nothing wrong with that approach if you don’t mind going without for the benefit of your children. However, most retirees these days are happy […]

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first home

Tips for First Home Buyers

The apparent impossibility of buying a first home has many young people questioning whether owning a property should still be part of long term financial plan. Does it really make sense to put aside other things in life such as travel, having children, paying off student loans or simply having fun, just to save a […]

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Robo Advice is coming

Robo-Advice is Coming

The Financial Markets Authority has given the go-ahead for personalised advice to be offered online. Such advice is referred to as ‘robo-advice’. Under current legislation, personalised investment advice can only be given by certain categories of advisers in accordance with the Code of Professional Conduct for Authorised Financial Advisers. From 2018, there will be an […]

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Work to Learn

Work to Learn

One of the best ways to create substantial wealth is to set up your own business. However, not everybody has the skills, confidence or entrepreneurial flair to build a business from the ground up, or even to buy an existing business and grow it. Being an employee puts a definite cap on how much wealth […]

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Get Rid of Money Worries

Get Rid of Money Worries

Managing finances can be very stressful, even if you are savvy with your money. A recent global survey by the Financial Planning Standards Board, an international body which oversees professional standards for financial planners, found that most people feel challenged by their finances. However, people who work with financial advisers feel better prepared to achieve […]

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Buying Happiness

Buying Happiness

In our consumerist society the basic tenet is the more we have to spend, the happier we will be. Research shows that, while there is a link between money and happiness, it is a weak one. However, it is possible to get more happiness for your money by making good decisions about what you do […]

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