Q&As: Trusts may no longer enable well off elderly to get subsidy; Possible trap for parents giving money to adult children; What KiwiSaver rules would change when under National plan; Partial KiwiSaver tax credit in year you turn 65 — or 18; Good reasons for using a credit card.
Q&As: Mum objects to teenager being offered credit card; Newish Code places more responsibility on lenders; Another reader has trouble extending credit card limit; Help for people struggling to pay rates.
Q&As: Reader has same credit card trouble as last week’s correspondent…; …And last week’s correspondent finds the remedy doesn’t work; Another reader has a suggestion on credit card limits; And yet another one says ‘Fire your bank’; Thousands paying too much tax in KiwiSaver; Know your rights when dealing with financial service providers.
Q&As: Questions to ask before parents lend mortgage money to their children; Determined couple pay down big mortgage fast; Bank’s reluctance to extend credit card limit is surprising; Tax adviser thinks tax should have been mentioned last week.
Spending too little, spending too much: Shopping is a favourite pastime; People who are too mean on themselves; People who spend too much — why do they do it? — 1. Keeping up with the Joneses, 2. Psychological, 3. Credit card company behaviour; Help for big spenders; Most important of all — Change your habits. PS: Final reminder about KiwiSaver tax credit.
Q&As: Adding to already huge mortgages is playing with fire; It’s not interest rates but mortgage size that matters; Lack of family communication leads to big debt…; …so do pushy credit card providers.
Q&As: ‘Ripped off’ reader should shop around rather than dropping life insurance; How to judge a KiwiSaver fund; Start small, and keep going; Help for woman with $100,000 in credit card debt.
Q&As: Trying to time markets is a fool’s game…; …And picking a few shares to invest in isn’t much better; Where to buy shares, and a better suggestion for teen; How come there are two monthly bills on one credit card bill?
Q&As: Banks give teenagers credit too easily; Credit union offers lower-interest deal to credit card borrowers; Retiree “invests in people”; 55-year-old spending while she’s able; Financial adviser struggles with how others do it.
Q&As: 70-year-olds should skip buying unit and spend their savings; How to set up a regular income from bank term deposits; One reader applauds my being tough on those with big credit card debt…; …While another is incensed by it.