Tag: Credit cards | Page 3

RNZ Radio 28 January 2021

January 28, 2021

Watch Your Spending
New Zealanders’ household spending is way up, compared with late 2019.
Spending is OK if not getting into debt
Why spend on non-essentials?:
– Happiness. But often short-term.
– Appearances.
– Pressure to spend on special shopping days.
What to do:
– Use credit cards?: pluses and minuses
– Estimate spending in different categories, then keep track for 2 months
– Change a habit for just a month. Letter to futureme.org.
– 2 birds with one stone: Cut spending on unhealthy things
– Help w budgeting: MoneyTalks. Free, confidential and non-judgmental, around NZ.

NZ Herald 3 October 2020

October 3, 2020

NZ Herald Q&A Column

Q&As:
– Rule shows how long it takes for an investment — and a debt — to double
– One reader quits Bonus Bonds for term deposits…
– … While another suggests a way to keep the fun rolling on
– Bonus Bonds exit annoys businessman
– Move from term deposits into KiwiSaver fund ups the volatility
– Better to leave the money in two countries than one
Plus:
– Your questions, a webinar and a guide to investing

RNZ Radio 24 September 2020

September 24, 2020

RNZ Radio

Handling debt — from mortgages to buy now pay later.
– Worries — job losses, rising interest rates
– 2 types of borrowing — for things that grow in value and things that don’t
– Deferring payments — what that means
– Pay off highest interest first
– Set up automatic payments
– Add to mortgage?
– Buy now pay later. No interest but fees if late.
– In trouble with a loan? Talk to lender.

NZ Herald 18 July 2020

July 18, 2020

NZ Herald Q&A Column

Q&As:
– 72-year-old should buy house she rents. Plus how to make her savings last
– Last week’s indebted reader should get a mortgage
– No choice but to apply for overseas pensions
– No government handouts without rules — but help is available

NZ Herald 11 July 2020

July 11, 2020

NZ Herald Q&A Column

Q&As:
– When debt can be good…
– … And when it’s not
– Job seeker benefit not easy to apply for
– Is this NZ Super reduction fair?

NZ Herald 9 May 2020

May 9, 2020

NZ Herald Q&A Column

Q&As:
– Who’s right about fund choice — husband or wife or neither?
– Which bank products are subject to haircut if bank fails?
– What about government bonds, Bonus Bonds and safe deposit boxes?
– Halt to dividend payments should strengthen banks
– ETF tax problem no big deal
– It’s great to continue contributions to KiwiSaver and other funds in down markets
– Don’t assume gloom will continue — and a look at past recoveries
– Drip feeding not quite so good with lump sums

Money Talk March 2020

March 27, 2020

Money Talk column

Paying off your mortgage allows you to get stuck into some serious saving

You’ve paid off your mortgage. Yay! But what now?

NZ Herald 22 February 2020

February 22, 2020

NZ Herald Q&A Column

Q&As:
– Should an 18-year-old get a credit card?
– Money questions for 20-somethings
– How can last week’s FIRE fan make it work?
– Beneficiaries should get more, and non-beneficiaries should quit KiwiSaver — reader
– DIY investing in Australia not difficult, says reader

RNZ Radio 3 October 2019

October 3, 2019

RNZ Radio

Ways to boost your everyday saving. 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.

RNZ Radio 19 September 2019

September 19, 2019

RNZ Radio

How to set a goal for saving or debt repayment
Importance of setting a goal, Goals that work are SMART: Specific; Measurable; Achievable; (W)ritten; Time-bound.