Mary Holm https://maryholm.com NZ’s most trusted personal finance journalist Fri, 18 Oct 2019 11:02:25 +0000 en-NZ hourly 1 https://wordpress.org/?v=5.2.4 Mary at Tauranga Arts Festival, 3 November 2019 https://maryholm.com/mary-at-tauranga-arts-festival-3-november-2019/ Fri, 18 Oct 2019 11:01:05 +0000 https://maryholm.com/?p=9660 When: 3 November 2019 Where: Durham Street, Tauranga 9:00am at X Space, Baycourt, 38 Durham Street Join Mary as she lays out the central thesis of her 2018 book Rich Enough? A Laid-Back Guide For Every Kiwi which takes readers through eight steps to get their money sorted, while also considering the fascinating relationship between money and happiness. More info and tickets here. 1:

Source

]]>
NZ Herald 19 October 2019 https://maryholm.com/nz-herald-19-october-2019/ Fri, 18 Oct 2019 11:00:13 +0000 https://maryholm.com/?p=9677 Couple should make children their priority while the kids are young KiwiSaver gives children a good start, despite the lack of incentives Don’t blame bank for getting son’s KiwiSaver tax rate wrong Expanding the “cut back on gifts” idea to birthdays, Christmas and Mother’s Day Inflation tougher on superannuitants, but reader still has options I’m doing two talks in Tauranga on November 3 QMy...

Source

]]>
RNZ Radio 17 October 2019 https://maryholm.com/rnz-radio-17-october-2019/ Thu, 17 Oct 2019 02:12:35 +0000 https://maryholm.com/?p=9673 A listener’s letter and Mary’s response: Starting early is good Drip feeding is good You don’t need to research companies Buy more or less randomly — but vary industries Understand a share’s volatility Listen to the segment below, or click here to read Radio NZ’s summary. You can listen to these sessions as podcasts. Subscribe free to Mary’s RNZ podcast here. Mary Holm is a freelance...

Source

]]>
NZ Herald 12 October 2019 https://maryholm.com/nz-herald-12-october-2019/ Fri, 11 Oct 2019 11:00:16 +0000 https://maryholm.com/?p=9625 Low interest not as bad as it seems — when we check out inflation Ideas for retiree struggling because of low interest Should retirement savings go into high-earning KiwiSaver fund? Apartment ownership not worry-free My tax gripe shot down QWhile investment interest rates are at historical lows, is it as disastrous as some investors believe? Periods of high interest rates are usually accompanied...

Source

]]>
Money Talk October 2019 https://maryholm.com/money-talk-october-2019/ Thu, 10 Oct 2019 21:48:39 +0000 https://maryholm.com/?p=9621 Is it wise for a husband and wife to be in the same KiwiSaver scheme? It’s an excellent question from a reader I’ll call Sarah, who is in her mid thirties. She had read in my latest book that it’s best to choose a KiwiSaver fund based largely on low fees — and not on how well a fund has performed, because performance changes all the time. So she checked out the fees on hers and her husband’s funds.

Source

]]>
NZ Herald 5 October 2019 https://maryholm.com/nz-herald-5-october-2019/ Fri, 04 Oct 2019 11:00:23 +0000 https://maryholm.com/?p=9615 Reverse mortgages risky in early retirement Last week’s correspondent probably meant rental losses are now ring-fenced Tax system lacks integrity, here and in the UK Did I muddle money and percentages last week? Another idea for couple moving to Coromandel but wanting an Auckland option QRe your answer to a recent letter, I wondered if I could add a note of caution. A family member took a reverse...

Source

]]>
RNZ Radio 3 October 2019 https://maryholm.com/rnz-radio-3-october-2019/ Thu, 03 Oct 2019 02:15:00 +0000 https://maryholm.com/?p=9578 Last time we looked at setting a savings goal. This time, it’s other tips to boost savings: Open a separate savings account Pay yourself first Start small and gradually increase savings Play mind games — take a “pay cut” or use a picture Seize big opportunities when expenses fall or income increases Take inspiration from champion savers or extreme saver movements Listen to the segment below...

Source

]]>
NZ Herald 28 September 2019 https://maryholm.com/nz-herald-28-september-2019/ Fri, 27 Sep 2019 12:00:27 +0000 https://maryholm.com/?p=9576 Holders of small student loans are better off getting rid of them KiwiSaver can add up over the years for self-employed and non-employees… And also students Mortgage interest still deductible on rental properties People should check medical care before moving to smaller towns Father and daughter celebrate Dad’s day in the kitchen QI have a very small student loan, and my income is lower than the...

Source

]]>
NZ Herald 21 September 2019 https://maryholm.com/nz-herald-21-september-2019/ Fri, 20 Sep 2019 12:00:45 +0000 https://maryholm.com/?p=9539 Father of 5 loses Working for Families money through accountant’s error New website helps you find ethical KiwiSaver funds Split money between KiwiSaver and non-KiwiSaver, and consider paying down mortgage Share fund might beat mortgage repayment, but it might not Self-employed need a better deal from KiwiSaver QI work and earn a yearly income. My spouse is a hard working at-home mum and we have...

Source

]]>
RNZ Radio 19 September 2019 https://maryholm.com/rnz-radio-19-september-2019/ Thu, 19 Sep 2019 03:12:10 +0000 https://maryholm.com/?p=9536 Importance of setting a goal Goals that work are SMART: Specific Measurable Achievable (W)ritten Time-bound Listen to the segment below, or click here to read Radio NZ’s summary. You can listen to these sessions as podcasts. Subscribe free to Mary’s RNZ podcast here. Mary Holm is a freelance journalist, a director of Financial Services Complaints Ltd (FSCL), a seminar presenter and a...

Source

]]>