March 2018 Spending Report

Monthly spending and investment report showing you how my portfolio is going and how it can help you on your journey to financial freedom

My First Spending post! Yah! I have been tracking my spending for a long time know, but I have never really analysed the data and made any goals to try and improve. Hopefully, these posts will allow me to do that. So here is March’s spending. The one thing that is good about the above graph is that nearly 50% of our expenses are the …

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Passive Income Report: March 2018

Passive Income report for NZ personal finance blog Passive Income NZ

There is no point in having a goal if you don’t measure whether or not you have achieved it. My current goal is to replace my income with passive income. I have decided to split my goal into steps. The first step is to achieve a passive income of $25 per week. Once I have achieved this I will push for $50 per week, $75 …

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March 2021: Journey to Financial Freedom update

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 stop working; …

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Thematic Investments: Reviewing Kernels New funds

A Review of kernels new thematic funds from S&P Kensho Moonshots Innovation and Electric Vehicle Innovation

If you haven’t heard, Kernel has introduced two new funds. Both these new funds are thematic funds. Thematic funds are the opposite of diversified funds like Vanguard International Shares Select Exclusions Index Fund or AMP’s All Country Global Shares Index Fund. Both of which have thousands of companies in them both diversified in terms of country and industry. Thematic funds have a theme and are more …

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InvestNow’s Flexible KiwiSaver Scheme Review

InvestNow KiwiSaver Scheme A Truly Flexible KiwiSaver Option Review

InvestNow has been hinting about their move into offering a Kiwisaver scheme for some time now. And I was waiting to see what they were going to offer. The anticipation was that it would be similar to Superlifes scheme- where you can individually choose the allocation amount to different funds. But, InvestNow has the advantage of having funds from many different fund providers- whereas Superlife …

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Lotto- The Odds Are Against You!

Odds of winning lotto powerball it's maths- why you shouldn't play lotto.

I buy lotto tickets- there, I said it. Not all the time, just occasionally. I usually buy them when the jackpot gets really high- like the recent $32 million Powerball- for some reason, I have convinced myself to only buy tickets once the Powerball jackpot goes beyond $20 million. Because you know- anything below 20 million just isn’t worth my time. But why? Only buying …

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Filing My Foreign Investment Fund Tax Return

Filing My Foreign Investment Fund Tax Return

31 March 2020 marked the end of the financial year for the year 2020 – which also means that in the next few months you will need to file taxes! Luckily, we have an easy tax system in New Zealand. For many people you who are on salaried wages, your tax is automatically done for you through PAYE (pay as you earn). Your employer would have …

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April 2020: Journey to Financial Freedom update

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 …

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Useful Web Resources to Help Your Personal Finance Journey in New Zealand

New Zealand Personal Finance and Investing blog, all about Money budgeting debt credit cards and insurance for Kiwis NZ

Welcome to my Useful Web Resources Page- a place were I collect websites and resources that I find useful. Kiwisaver Resource Teaching Your Kids About Money Investment Resources and News Tracking Investments and spending Investment Du-diligence Government Resources Financial Calculators Resolving Disputes New Zealand Finance Forums Kiwisaver Resources Want to Invest ethically with your KiwiSaver? Check out Mindful Money to see if your KiwiSaver Fund …

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Is Your Credit Score Important In New Zealand

Is you credit score important in New Zealand- and how do you get access to it?

The idea of the importance of your credit score has been growing in New Zealand. Credit scores are big in the US- and if you are in the US- your credit score seems to be important judging on the many posts about how to improve your credit score. But- is your credit score important in NZ? or is it just being pushed by the three …

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