Regrets and what we can Learn From them

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 …

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September Update 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 working, it is much more …

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How Much Money Do You Have Left?

How Much Money Do You Have Left? The Money Game

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 …

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The Myth of Bad Spending

the myth of bad spending- how spending money isn't good or bad

When we talk about spending money it’s usually in absolutes. There’s good spending and bad spending. Spending money that you have budgeted for on healthy food is good and spending money on daily coffee is bad. Impulsive purchasing of consumer items and clothing is going to kill you in your sleep. That’s bad spending. But is it really this simple when we talk about spending? or are we simply missing …

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Longheld Myths about the Share Market

Long Held beliefs about the sharemarket that are not true. Investing in New Zealand

Certain myths seem to persist over time. For instance- there’s the myth that there is a dark side to the moon. I blame Pink Floyd for this one! There is no dark side to the moon- it’s just the far side. Which has the same light and dark as the side we can see. The share market is like the dark side of the moon for many Kiwis. Mysterious and …

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Where Should You Invest Your Hard Earned Money?

Where Should You Invest Your Hard Earned Money? advice for New Zealanders, Kiwis, and people from NZ

One of the most asked questions, when it comes to investing, is generally along the vein of “I have X amount of dollars, where should I invest it”. And it’s a hard question to answer with just that much information. There are two other pieces of information that you need to know when deciding where to invest your money. One being, what is your investment time frame- how long are …

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The Intimidating Aspects of Money- Budgeting and Raises

The intimidating aspects of money- budgeting and raises

Generally us humans don’t like intimidating things, and we don’t like things that give us a different answer than we are looking for. It’s typical for us to ignore these things completely. It’s kind of like that for money. If you really look at your finances for the first time it might be intimidating. You might find that you really can’t afford that new car you want, or you might …

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May 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 working, it is much more …

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Get Your Personal Finances Sorted in Five Stages

Get your personal finance sorted in 5 stages

It takes time to get your personal finances sorted. And often you don’t know where to start. And the thing is that no one can really show you how you should sort your personal finance, after all, personal finance is exactly that- Personal. However, there are several key stages in personal finance that you do need to get sorted. These are the stages that I have gone through to get …

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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 working, it is much more …

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