Why do we FIRE

What are the motivations for you to become financial independent and retire early?

Everyone has different motivations behind why they want to become financially independent and retire early. Working towards financial independence is an admiral goal. And one of the first steps is to really know why you are doing it. Knowing why you want to become financially independent will help motivate you. Help you stick the course. Help you realise there is another way to live your life. So why do you …

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Higher Fees Equal Higher Returns? Anecdotal Evidence

Higher fees vs. Returns. Do they track each other? passive income New Zealand

Everyone has the same advice to give when talking about index investing. Basically, there are two key pieces of advice to adhere to when you are investing in index funds or practically any investment. They are; Past returns are not indicative of future returns Higher fees are not indicative of higher returns. So I decided to have a play with some of the data from InvestNow and compare fees vs …

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Are We Drowning in Mortgage and Consumer Debt?

Are we drowning in mortgage and consumer debt Passive Income NZ

Household debt-to-income ratio The world revolves around money. And New Zealand, people can’t get enough of the cheap cash on offer from banks. I mean cheap compared to historic interest rates, borrowing is inherently more expensive than paying with cash outright. The level of debt carried by New Zealand households has surpassed the levels of the global financial disaster of 2008. And it keeps growing. The current debt to income …

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Stress is a Chronic Disease

Stress is your body’s natural way of responding to any kind of demand of threat. Stress has evolved to deal with big scary cats and snakes that our ancestors use to have to deal with. It helps the body prepare for danger and take action. The fight or flight reflex.

Stress is your body’s natural way of responding to any kind of demand or threat. Stress has evolved to deal with big scary cats and snakes that our ancestors use to have to deal with. It helps the body prepare for danger and take action. The fight or flight reflex. Stress in your modern everyday work life is a feeling that you often get when you feel overwhelmed and struggle …

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Why You Should Consider Simplifying Your Investments

Why you should consider re-balancing your investment portfolio- passive income nz

I’ve been interested in investing for several years now. And I started off naive and inexperienced. I listening to advise from the likes of Warren Buffett and Mr Money Mustache. That is to invest in low-cost index funds. “Consistently buy an S&P 500 low-cost index fund, I think it’s the thing that makes the most sense practically all of the time.” -Warren Buffett And “But WHICH stocks do I want …

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The Time I Nearly Impulse Purchased a TV

What I learnt when I nearly impulse purchased a tv. Finical mistakes Passive Income New Zealand

Earlier this year during Easter I found myself in an electronics store browsing the TV’s and appliances. I didn’t go to the store to buy anything in particular, rather it was just another Saturday morning. Walking back to the car after enjoying a Saturday brunch session at our local. Yes, even though I go on about how you should cook meals at home, I do go out for the occasional …

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9 Mistakes to avoid when getting a mortgage

9 Mistakes when getting a mortgage passive income new zealand

There are certain things that you only learn about mortgage once you had one for a while, after all, Insights are only gain after experiences. Here is a list of 9 potential mistakes you can avoid when getting your first mortgage, or if you are in the process of re-financing.  1. Shop around So you’ve been loyal to your bank for as long as you’ve had money. It makes sense …

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August 2018 Spending and Investment Report

Monthly Spending and Income Reports Passive Income New Zealand

Do fees really matter when it comes to investing? I did the maths to really solidify what people in the FIRE community was saying. That fees matter hugely when it comes to long term investing. This is both with investing with index funds, but also with your kiwisaver account. You can end up losing over $100k over 40 years on a $10k investment by investing in a 2% fee fund …

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