Borrowing

RNZ Radio 7 April 2022

Some shocking results in survey on New Zealanders’ finances

Canstar Consumer Pulse Report 2022:
– More than half spend more than they earn — especially young
– 2/3 don’t have enough rainy day money
– Nearly ¼ don’t save anything
– Only 45% are debt-free, excluding mortgages

How you might change your habits.

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RNZ Radio 10 March 2022

Why comparing returns on rental property and shares is tricky
– A recent example…
– … But borrowing (aka gearing or leveraging) changes comparisons
– The worst that can happen with an investment
– How geared rental property can go wrong
– What about your own home?
– Update from last time on my single shareholding

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NZ Herald 5 February 2022

Q&As:
– Where to keep money for jewellery while awaiting Italian trip …
– … And where to keep it while awaiting a house purchase
– Give money to grandkids rather than their parents
– Invest a lump sum now, or wait?
– A few more “money rules”, and a source revealed
– Good Samaritan helps out last week’s struggling tourism operator

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NZ Herald 29 January 2022

Q&As:
– Covid-hit couple struggle to get a loan …
– … while another family finds solutions
– Short-term share performance is irrelevant
– Get used to volatility or move out and stay out
– 45 financial rules

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NZ Herald 18 December 2021

Q&As:
– With mortgage gone, should couple take on a rental property?
– Reader’s plan to get tax deduction might work — but might not
– NZ Super “beneficiaries” not penalised by earning high incomes
– Working for Families could help in last week’s example
– Reader wants her cat charity on the list
Plus:
– Happy holidays!

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NZ Herald 4 December 2021

Q&As:
– Should young woman invest or concentrate on repaying student loan?…
– … And is her situation like last week’s beneficiary who inherited $1.5 million?
– 2 more readers angry with beneficiary
– In defence of a criticised headline
– How another beneficiary handled her inheritance
– Borrowing to invest in companies that, themselves, borrow
– 2 readers comment on last week’s Q&A about high KiwiSaver fees …
– … And another one jumps the gun on new low KiwiSaver fees

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NZ Herald 27 November 2021

Q&As:
– Reader’s KiwiSaver fees are highway robbery!
– Are banks better KiwiSaver providers?
– Beneficiary must declare big inheritance
– Got a mortgage and investments? You are effectively gearing
Plus:
– New KiwiSaver default funds are a great new option for many

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NZ Herald 20 November 2021

Q&As:
– 20-year-old could perhaps try borrowing to invest in shares
– Reader misunderstands 10-year share rule
– KiwiSaver fund a good idea for great grandson
– How KiwiSaver is taxed, and what happens the year you turn 65
– “But the cheap wine tastes better!”
– Take care with employee share ownership schemes

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RNZ Radio 4 November 2021

Buy now pay later — good or bad?
– What is it, and how does it work?
– Some examples
– Who uses it most, and what are they buying?
– Growth in use
– Problems, and consumer protection issues
– How to use it well

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RNZ Radio 20 May 2021

Reverse mortgages: Free up money for retired people — but take care!
– Growing interest in them
– How they work
– What to ask about them
– Some problems
– How people use them
– Where to get more info

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