All the latest posts from your favourite Kiwi personal finance blogs in one place!
- kōura Wealth KiwiSaver Review
Kiwisaver is Kiwisaver right- it’s simple. It doesn’t really matter which provider you are with right? Well that’s not really true. For the majority of Kiwis, KiwiSaver is going to be vital for our retirement! And getting your KiwiSaver right should be high on your agenda- as it will make a huge different for your retirement. And because Kiwisaver is so important to my retirement, and to yours, I like ...Read Morekōura Wealth KiwiSaver Review
- Are they goals or gaols?
Is there something about the traditional view of goal setting that rings hollow to you? It does for me. Maybe goals and five-year plans work great for you. You do you! I definitely have clients who like having clear goals and clear milestones, and I tailor my approach so it resonates with them. But personally, The post Are they goals or gaols? appeared first on NZ Wealth & Risk.
- 48. Everything is working out perfectly!
Jen freaked out at 49! She considered herself to be halfway through her life and had big concerns about what the other half might look like. She became heartily sick of working so hard. At the age of 16, she started full time work, at 20 she had bought her first house, then got married and slowly became mortgage free. But a divorce halved her net worth and becoming a single mother introduced a whole heap of new challenges. But amongst all this she constantly repeated her mantra of “everything is working out perfectly”, even when it clearly was not! Yet despite these challenges she pushed on. She worked hard! Now debt-free once again, she is fast tracking to an early retirement at the age of 55. Jen is a wonderful example of showing just what a woman on a mission is capable of!
- 9 Benefits of Frugality That Are More Important Than Money
I’m a big fan of frugal living for its obvious benefits – spending less overall improves my life no end. ... Read more9 Benefits of Frugality That Are More Important Than MoneyAuthor informationEmmaI'm a mum who's passionate about building wealth and living a fulfilling life without breaking the bank. Read more |
- Regrets and what we can Learn From them
If 2020 has taught me anything, it’s that life is uncertain. And because of this new perspective, I’ve started to questions some of my personal finance and life principles. Am I sacrificing too much today to stay the course for a brighter future? Should I be spending more today? Should I get a rental property? Am I working too much? And why has 2020 made me so tired and unmotivated ...Read MoreRegrets and what we can Learn From them
- Too much choice
Firstly I would love to thank all my readers of the blog for your support and visiting every month. I… Read more Too much choice
- 10 Creative Ways to Make Extra Cash for Christmas
Wondering how to make extra money for Christmas? That’s understandable, it’s an expensive time of year. Lucky for you, the ... Read more10 Creative Ways to Make Extra Cash for ChristmasAuthor informationEmmaI'm a mum who's passionate about building wealth and living a fulfilling life without breaking the bank. Read more |
- A lesson in perspective: The Underachiever’s Manifesto
It’s easy to think you need to strive to thrive. Heck, it’s a philosophy I’ve promoted at times. The urge to strive is something I have to tame – or, more realistically, manage. Which is why The Under-Achiever’s Manifesto is so refreshing. It’s a short, charming book written by Dr Ray Bennett, published in 2006. The post A lesson in perspective: The Underachiever’s Manifesto appeared first on NZ Wealth & Risk.
- 47. Matching income with expectations is the secret.
So often people tell me that they ‘wish their parents had talked to them more about money’ when they were growing up. Well, in today’s podcast that’s exactly what happened. Nina was homeschooled and part of her education involved investing in the share market and preparing from the age of just 13 to cover the cost of her future university degree. Now in her late 20’s and living in the South Island town of Oamaru with her husband and three small children she is feeling content with the journey ahead and that includes paying off their home and then starting to invest for the long term financial wellbeing of her and her family.
- You can be grateful for what you have … AND strive for more
Let me guess. Everything you’ve heard or read about getting through this goddamn pandemic involves practicing GRATITUDE. Gratitude is great Yes, there’s a lot to be said about taking the time to consciously feel grateful and appreciate what you have. Especially in these COVID times. Even when it feels like it’s setting the bar ... The post You can be grateful for what you have ... AND strive for more first appeared on NZ Muse.
- 23 Clever Ways to Make Extra Money in Australia in 2020 (Online + Offline)
When it comes to finding ways to make extra money Australia really is the lucky country. Whether you’re looking to ... Read more23 Clever Ways to Make Extra Money in Australia in 2020 (Online + Offline)Author informationEmmaI'm a mum who's passionate about building wealth and living a fulfilling life without breaking the bank. Read more |
- Stuff I love
A common philosophy is that you should buy experiences, not things. Among other reasons, experiences can be shared with others and become a part of your identity and the story of your life. This may be a decent rule of thumb, but you can go too far. Many of the goods and services I’ve spent The post Stuff I love appeared first on NZ Wealth & Risk.
- 46. I'm sick of living pay cheque to pay cheque!
Alana’s debt of choice was buying household items on Hire Purchase. Lots of them! But before long she had precommitted her income years into the future so she could service these debts. Yet that still didn’t stop her borrowing money for a vehicle and running up credit card debt. But finally she reached a pivotal point of being heartily sick of living pay cheque to pay cheque and a chance conversation where someone said “just try writing down your expenses for a month or two” was to be the catalyst that changed everything. She got her somewhat reluctant husband on board and in just a few short years they have had a massive financial turnaround and are now firmly on the path to financial independence instead.
- There are two types of job security (continued)
In a previous article, I talked about the fact there are two types of job security: one that relates to your specific role, and another that relates to your ability to find work. In this article, I’m going to dive into this in a little more detail.The impact of losing a job can be significant – The post There are two types of job security (continued) appeared first on NZ Wealth & Risk.
- 45. Stop the bus! You paid off your mortgage?
This week, I’m heading South to one of New Zealand's more underrated cities, Invercargill, where I had a chat with Steve who described his financial story as “not so much an epic dig out of deep debt”, or a “becoming fabulously wealthy” kind of story. But, more of a “jigsaw puzzle piecing it all together over time” kind of story, which, he told me, is still very much ongoing. Aged 31, a part-time teacher and almost full-time stay at home Dad and married to Madie, a 29-year-old junior doctor who is working while also studying to finish her qualification. These two have been relatively strategic in how they have gone about things and I think they have a story that many millennials could emulate.
- DIY Investment Services in NZ. What’s the difference between them?
The share market had one of it’s largest falls in a long time recently- and it has probably been a nervous time for many investors. When the market fell- I decided to do nothing and ride it out. And as I write this today my investments have bounced back up and past what they were pre-fall. All the volatility in the market has lead to a surge in retail investors. ...Read MoreDIY Investment Services in NZ. What’s the difference between them?
- What I think about when I think about buying something expensive
I'm not naturally frugal. I love spending money and buying stuff. I’ve never gone overboard with spending. Initially, that was because it wasn’t really an option. However, as time has gone on, I’ve found myself at the dangerous intersection of ability and desire. Some aspects of my strategy are below.1. S-l-o-w down. There are some areas of life where The post What I think about when I think about buying something expensive appeared first on NZ Wealth & Risk.
- 44. Please can I buy a boat?
When a former multisport athlete turns the same motivation, hard work and attention to detail that they used for their sport to their personal finances, great things can happen. Chris and his wife Megan were tired of it taking so long to pay off their mortgage, so they focussed on the detail and developed a game plan that will see them own their own house on 31st December 2020. Plus, a key decision to pay into their retirement schemes from the day they started working has really paid off because now, in their mid-thirties, they have the strong foundations in place to provide a wonderful future for their family of five. There are a few other investment decisions they are working through, plus there is the small matter of him convincing his wife ‘they’ need a boat...
- Investment and contribution
Finance is important. It wins wars. Modern finance is one of the drivers for the quality of life we currently enjoy. Money and our financial system enable us to enter into transactions, specialise, and allows us to take money into and out of the future. Capital allocation One of the most important roles of our The post Investment and contribution appeared first on NZ Wealth & Risk.
- We’re going off for a MONTH!!!
As the title suggests, we’ll not be publishing any new content for the next month or so while we undergo some polishes and overhaul to the samharith.com website experience. We hope to create a more streamlined and user-friendly experience to help turn this blog into a financial confidence platform, helping readers gain the most benefit … We’re going off for a MONTH!!! Read More » The post We're going off for a MONTH!!! first appeared on Sam Harith - The Comic Accountant.
- 43. Help yourself first so you can then help others
There were many points during Ella’s 40 plus years that her gut instinct told her to make a few changes to the way her family handled money. Many of us can relate to this. 2020 has been a huge time of change with her reassessing her current financial situation and making some radical changes that will have a huge positive impact on the years ahead. These changes all stemmed from her wanting to be able to financially help her kids and once she worked out that she needed to be in a strong financial position herself in order to do this, the rest is rapidly falling into place.
- September Update 2020: Journey to Financial Freedom update
Welcome to Passive Income NZ, my Journey to Financial Independence. Every month I share how I am tracking towards financial freedom by providing you with an update of where my portfolio is at and how far I am from financial freedom, and how my spending is tracking. My definition of financial freedom is not really the same as everyone definition. It’s not to just stop working, it is much more ...Read MoreSeptember Update 2020: Journey to Financial Freedom update
- There are two types of job security
When I have the privilege of providing financial advice, I ask clients the obvious questions – about their assets and liabilities; their income and expenses; etc. I also ask about job security. In fact, this is one of the most important questions I ask. When you think about whether you have “job security”, it’s easy The post There are two types of job security appeared first on NZ Wealth & Risk.
- Startup School Lesson 8: Just get a professional to do it!
Hiya Accounting fans! Here’s another startup school lesson! A lesson that I have just realised over my two week publishing break. I set aside two weeks so that I could focus, with laser-like intensity on polishing this website (my baby!) and building up a new professional services website. I thought to myself: “With tools like … Startup School Lesson 8: Just get a professional to do it! Read More » The post Startup School Lesson 8: Just get a professional to do it! first appeared on Sam Harith - The Comic Accountant.
- When there’s no substitute for doing the work
I’m often bemused at what people expect from technology. Nothing works perfectly 100% of the time. Yes, I work in digital. No, I don’t know why that email isn’t rendering for this one individual, or why this YouTube view count is stuck right now. Why does Word crash sometimes? Why does Excel freeze? These things ... The post When there's no substitute for doing the work first appeared on NZ Muse.
- Happy Father’s Day!
It’s Father’s day down here in the Southern Hemisphere and this is as good a time as any for me to write about something close to my heart: My Father! If there was one man who’s financial acumen I truly admire – it’s my Good ‘Ol dad. He wasn’t a fancy financier, investment banker or … Happy Father’s Day! Read More » The post Happy Father's Day! first appeared on Sam Harith - The Comic Accountant.
- Building the Ideal Home Workspace
We’re back again with more quality content from the folks over at ViAGO! This week, Tim Wilson discusses how we can setup our ideal home office space! A lot of people who used to work in an office are now working from home. Even in places where offices have reopened, people have received an object … Building the Ideal Home Workspace Read More » The post Building the Ideal Home Workspace first appeared on Sam Harith - The Comic Accountant.
- Heistonomics (or: bumpy vs smooth careers)
I recently listened to two podcasts in a row that talked about mobster movies: Goodfellas and Lock, Stock, and Two Smoking Barrels. Both are good movies. Both movies involve heists. It got me thinking about the economics of being someone who makes a living in this sort of way. Not in terms of the questionable The post Heistonomics (or: bumpy vs smooth careers) appeared first on NZ Wealth & Risk.
- Whats the plan after ‘retirement’?
September or my birthday month has rolled around. With it I have been pondering. What will I do when I… Read more Whats the plan after ‘retirement’?
- How Often Should You Be Talking to Your Clients?
I may be on break – but the awesome team at ViAGO are still producing quality content for us! Here’s the latest one! When it comes to talking to your clients, there is no ‘one-size-fits-all’ recipe. This is because what is annoying for one client may be appreciated by another client. One client may enjoy … How Often Should You Be Talking to Your Clients? Read More » The post How Often Should You Be Talking to Your Clients? first appeared on Sam Harith - The Comic Accountant.
- There are no Supermonkeys
Neuroscience research shows that when an expert speaks, parts of your brain actually shut down: In a 2009 study, Emory University School of Medicine scientists led by Gregory Berns, M.D., a professor of neuroeconomics and psychiatry at Emory, found that people will actually stop thinking for themselves when a person they perceive as an expert The post There are no Supermonkeys appeared first on NZ Wealth & Risk.
- How Much Money Do You Have Left?
I want you to do a quick exercise. I want you to work out how much money you have earnt for your entire life. Adding your income for the last year, back to what you earned when you were 14 years old. Add it all together. (You can log onto IRD to get a summary of earnings for the last few years.) Now, don’t count your investment returns, just your ...Read MoreHow Much Money Do You Have Left?
- This blog is 1 year old
Well accounting fans. I have been blogging for well over a year now. Personally, I’m pretty stoked that I had the discipline to continue blogging and posting regularly for one whole year. 21 August 2019 was the date of the first series of blog posts. I first wrote about Assets, Liabilities and Equity. I completed … This blog is 1 year old Read More » The post This blog is 1 year old first appeared on Sam Harith - The Comic Accountant.
- Are You Getting the Right Return from Your Business?
This week’s content is written by Matthew Collins – a ViAGO international team member! For most businesses, making a profit is a key business objective. After all, a business cannot continue to exist for long without making a profit. Alas, it is not something that happens overnight and many business owners choose to ‘throw in … Are You Getting the Right Return from Your Business? Read More » The post Are You Getting the Right Return from Your Business? first appeared on Sam Harith - The Comic Accountant.
- People are interesting (and what is right for one person may not be right for the next person)
Everyone is different. Even identical twins raised in the same household are pretty different, once you get to know them. When you meet someone for the first time, you have NO IDEA about who they are. Yes, they’re human. So the range of concerns is likely to be more similar to yours than, say, a grasshopper, or a The post People are interesting (and what is right for one person may not be right for the next person) appeared first on NZ Wealth & Risk.
- Working from office
Last week Tim from ViAGO wrote about issues and challenges about working from home. This week he writes about some issues that we can face when working at the office! Issues Working from the Office Commuting When we think about working remotely, one of the most attractive aspects to it is not having to commute. … Working from office Read More » The post Working from office first appeared on Sam Harith - The Comic Accountant.
- NZ tax codes explained
Have you ever seen that form? – you know the IR 330 form that has the little flowchart diagram thingies that tell you what your tax code is. Yeah – that one! Have you ever wondered what the heck are these tax codes and how do they relate to the tax that you end up … NZ tax codes explained Read More » The post NZ tax codes explained first appeared on Sam Harith - The Comic Accountant.
- Everyday Investment Advice: Is it Any Good?
Sometimes it’s easier to identify bad advice than it is to identify good advice. I find this to be especially true when discussing investing in general- and even more so when talking about investing in shares or index funds. I thought I would discuss some of the advice I have come across over the years and share with you some of my opinions. Now- you may not agree with my ...Read MoreEveryday Investment Advice: Is it Any Good?
- Working from home
Once again we have awesome content from ViAGO International. Today’s content is written by ViAGO team member Tim Wilson: Thanks to COVID-19, a lot of us have had a crash introduction to what working from home is like. Even without that, though, for many people, the idea of working from home has a lot going … Working from home Read More » The post Working from home first appeared on Sam Harith - The Comic Accountant.
- Knife skills and investing
I've watched loads of videos about how to improve my knife skills in the kitchen. My knife skills are better than they were when I was 20. But despite the hours of schooling about knife skills, I’m pretty mediocre. It always seemed like there were better things to do than practice my new-found (or newly-reinforced) knowledge The post Knife skills and investing appeared first on NZ Wealth & Risk.