Banking in tough times — how we’re doing, plus payee confirmation coming at last!:
– How many apply for hardship
– How we run our credit cards
– Types of mortgages — what’s best?
– Use of term deposits
– Payee confirmation — see who you are paying online
Q&As:
– Investment lessons might beat lectures
– Adjust both CGT and income tax for inflation
– Include shares in CGT
– An interesting website
– Death duty — the tax nobody avoids
– Superannuitants not like students
– A wonderful windfall
– Reader doesn’t want to inherit
Q&As:
– Let’s tax capital gains!
– 2 Q&As on what to do with shares from work schemes
– Big dividends are not the point
– Reader disgusted with using student loan to buy home
– Man should still have a will
– Shop around for estate quotes
Stay put in higher-risk KiwiSaver fund
– Markets WILL drop again some time. Your balance may halve.
– Last big drop — the Covid crash — many reduced risk.
– How much worse off are they now and in retirement?
– Only two good reasons to reduce fund risk.
Q&As:
– Okay to use a student loan to buy a house — financially and ethically?
– Investing for dividends has drawbacks
– Where are longer-term KiwiSaver returns?
– Government KiwiSaver boosts dwindle
– Write a will! What are the costs?
Q&As:
– Laddering a mortgage can work well
– All Lotto profits go to grants
– Lotto expenses explained
– Good to invest for the dividends?
– Saving for grandkids within your own KiwiSaver
How is your financial wellbeing?
– Produced by Te Ara Ahunga Ora Retirement Commission
– Doesn’t test financial knowledge, but how well you are coping with your money
– Brief discussion of what’s behind the questions
– If you want to read the quiz, go to the Te Ara Ahunga Ora Retirement Commission website
Q&As:
– Long-term view needed on shares
– One more argument for KiwiSaver for teens…
– … Why a grandparent prefers to give a gift at 21
– Lotto boss gives his perspective
– What happens to student loan when you die
– How long bank takes when a customer dies
Q&As:
– Every couple should read this!
– KiwiSaver when you die
– Slope of KiwiSaver returns
– Which is better for the grandkids?
– The landlord perspective
Big rates rise? Consider rates postponement
– Some councils offer for everyone, others just for those on lower incomes
– Frees up money for expenses — or fun!
– You pay no rates, but owe your council the money — pay back when you sell house or die
– Some fees plus compounding interest, but house value should grow more than debt
– Check your council’s website
– Another idea: pay smaller amounts more often