Mary Holm https://maryholm.com NZ’s most trusted personal finance journalist Fri, 20 Dec 2019 20:30:15 +0000 en-NZ hourly 1 https://wordpress.org/?v=5.2.5 NZ Herald 21 December 2019 https://maryholm.com/nz-herald-21-december-2019/ Fri, 20 Dec 2019 11:00:03 +0000 https://maryholm.com/?p=9781 Sell your home and rent in retirement, to free up money? Is it good for both partners to be with same bank’s KiwiSaver? Proof on why not to judge KiwiSaver by returns More on why index funds won’t mess up share market Reader sends his thanks Bye and thanks — and be terrific in traffic QCould you please tell me what I am missing here. We live in a small town and have been mortgage-free for some...

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Money Talk December 2019 https://maryholm.com/money-talk-december-2019/ Thu, 19 Dec 2019 23:38:43 +0000 https://maryholm.com/?p=9725 Which is better — boosting your savings or paying down the mortgage faster than you have to? It depends. If we look at just the numbers, the comparison goes like this: How much interest are you paying on your mortgage? How much can you earn on your savings — after fees and taxes? Go with whichever is higher. Avoiding paying interest is as good as earning interest. There are a few complications...

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NZ Herald 14 December 2019 https://maryholm.com/nz-herald-14-december-2019/ Fri, 13 Dec 2019 11:00:37 +0000 https://maryholm.com/?p=9774 “Merry (non-commercial) Christmas!” says reader Index funds — what are they and how to invest Could exchange-traded funds wreck how sharemarket works? KiwiSaver provider not up with play on 65-plus withdrawals One reader gives away all his NZ Super … … And another makes it easier for everyone to do that QI like your messages to people to reduce the silly spending on Christmas presents that are...

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RNZ Radio 12 December 2019 https://maryholm.com/rnz-radio-12-december-2019/ Thu, 12 Dec 2019 02:15:19 +0000 https://maryholm.com/?p=9771 Based on an email challenge from a listener. Timing — in the share market and property market Gearing — borrowing to invest in a share fund A foreign exchange investment House buying Rental property? Higher paid work? My holiday message: Be terrific in traffic Listen to the segment below, or click here to read Radio NZ’s summary. You can listen to these sessions as podcasts.

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NZ Herald 7 December 2019 https://maryholm.com/nz-herald-7-december-2019/ Fri, 06 Dec 2019 11:00:45 +0000 https://maryholm.com/?p=9762 The 3 ways a reader has “chowed through” her mortgage It’s not wise to skip health insurance altogether Reader gives us a stats lesson, through Bonus Bonds Banks’ bonus savings products too complicated 2 readers tell of easy ways to give to charity No I don’t screen readers’ letters because of their attitudes QI’ve been working hard to chow through my mortgage as fast as I can.

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Money Talk Christmas 2019 https://maryholm.com/money-talk-christmas-2019/ Tue, 03 Dec 2019 23:37:01 +0000 https://maryholm.com/?p=9785 The last few words of a letter from a reader were the clincher. “Should I keep the rental until such a time as I need to sell it, or should I sell it now and give myself some peace of mind?” asked a woman we’ll call Rachel. “Two years ago,” she writes, “I left the city for the provinces, selling my house in Auckland and buying two houses in Napier — one to live in and one as a rental.” Rachel is...

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NZ Herald 30 November 2019 https://maryholm.com/nz-herald-30-november-2019/ Fri, 29 Nov 2019 11:00:05 +0000 https://maryholm.com/?p=9723 Clever ways to make Christmas less expensive and more fun Who’s creaming it, the lawyers or the banks? Bonus Bonds give reader nothing over 48 years An argument against online donations Give now rather than in your will, reader says Reader reckons he deserves his pension, after paying for others List of charities offering meaningful Christmas gift programmes QSome time ago...

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RNZ Radio 28 November 2019 https://maryholm.com/rnz-radio-28-november-2019/ Thu, 28 Nov 2019 02:19:55 +0000 https://maryholm.com/?p=9719 Westpac Massey Fin-Ed Centre conference on “Building financially capable communities: our pathways to success” Current Financial teaching in schools is not effective, especially for lower sociology economic kids Self efficacy — whether you believe your actions and effort will affect your outcomes — is more important to wealth than things like financial literacy. Can it be changed?

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NZ Herald 23 November 2019 https://maryholm.com/nz-herald-23-november-2019/ Fri, 22 Nov 2019 11:00:03 +0000 https://maryholm.com/?p=9715 Bonus Bonds work well as on-call account … … But not so well as a gift for grand-daughter. Other options for her Means-testing NZ Super may cost more than it saves Lower-income retirees already get more Take care with charity donations in wills Tell charities how you want to be treated … … Here’s what to do if they ignore your requests Reader excludes charities that hire telemarketers or mall...

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NZ Herald 16 November 2019 https://maryholm.com/nz-herald-16-november-2019/ Fri, 15 Nov 2019 11:00:50 +0000 https://maryholm.com/?p=9711 Q&As: What to do with a $200,000 Lotto win How does Inland Revenue handle Islamic banking? Drop in fund value explained 2 Q&As on handling charity donations after the donor dies Reader explains why millionaire could be aggrieved about NZ Super Another reader doesn’t buy my arguments on means-testing Super Is means-testing a far left idea? QI recently won $200,000 in Lotto.

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