It is important to track your net worth. How else can you know where you are financially so that you can plan for the future? The most important thing is to understand your financial position today so you can be moving in the right direction.
KiwiSaver Switch
I have been hearing a lot for a long while about the fees that we pay to our KiwiSaver providers and that over the lifetime of the fund we are paying well above the odds for the service we get. Apparently we should be outraged. I have finally removed my head from the sand and took a closer look this week.
The Side Hustle
I thought I would conduct a small experiment in the month of February. Get a job AND create a side hustle. I thought everyone knew what a side hustle was but my sister did not, so there are probably others equally in the dark.
Kids vs Money
There is the general feeling that kids don’t learn about money at school, right? But, that is not the end of the world because we understand that as their parents, aunts, uncles, grandparents and friends we have the knowledge to teach them, yes?
Downsize the digs...
A conversation on repeat at the moment in our whare is this: What if we sell the almost four year old house we are sitting in...
Smartshares Part 3
It is time for another quick look at Smartshares. What happens next? YES index funds ARE that interesting! So here is the next instalment...
Paying Off The Mortgage Faster
A number of subscribers have reached out to me with the question of “how can we pay off the mortgage faster”? I’m sharing a little of my thinking of what did work for me.
Bonus Bonds - The End!
Every day I am thinking about how hard our money is working for us. The harder it works, the more it makes and the less WE have to work. There is absolutely no point in me putting money in places where it does not earn any interest.
Bonds
A Bond is a loan you make to a government, state owned enterprise, council or company. Perhaps they have a specific project they are working on and they need to raise some cash to do it.