If you were given the choice of receiving $1,000,000 after 30 days OR 1 cent doubled in value every day for 30 days. Which would you choose?
All tagged Saving
Progress Report on You Can Avoid Student Debt
In November 2016 I wrote about student debt and in that blog I spoke to a young woman who was about to begin a two and a half year course at a tertiary institution. Almost one year on I caught up with her for an update. She had just had a night on the turps so I fed her a high sugar, high fat breakfast as we spoke. Ok, so that part of being 18 still has not changed.
Why save, plot and plan for my financial future?
I’m actually not in search of money, I’m instead searching for HAPPINESS. And despite the well worn phrase “money can’t buy you happiness”, I disagree. The two are interlinked and have a symbiotic relationship.
KiwiSaver ≠ First Home Buyer Deposit
Is it just me or are people confusing saving for a house with saving for retirement? I keep hearing about first home buyers all the time and how difficult it is to get into the market. But the question I keep asking myself is “why do people use their KiwiSaver as their primary mode of saving for a deposit?”
Tracking Your Net Worth
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.
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?
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.
Don’t Panic In A CRISIS!
Having purposefully just returned from America on Monday two days BEFORE the American election I had an inkling that things might get a little crazy.