Borrowing tricky between family or friends. A quote recently caught my eye. “The easiest way to teach children the value of money is to borrow some from them,” it said. But that applies not only to children. Adults, it seems, take much more notice when someone has borrowed from them than when someone has lent to them.
Kids, cash and cards: Help your children learn about money. Also in this issue: From the Mailbox — Saving for the children’s future.
Q&As: Should a youg woman put her savings into her rental mortgage or diversify?; How to get through to Inland Revenue; Take care when depreciating rental property.
Seize the chance: A great way to boost your savings. Also in this issue: From the Mailbox — Investment as retirement approaches.
Q&As: A letter to give a spouse who is mean with money; Where to get info on interest rates; Returns on share funds, and debt repayment.
Q&As: Is it better to repay your mortgage or invest in a work super scheme?; Website with interest rate info.
Q&As: Where should a 13-year-old put his regular savings?; Extra repayments on a fixed mortgage.
Q&As: Tips for a 12-year-old on how to save; A revolving credit mortgage might be just the thing; One way to spot a leaky home.
Q&As: Where to from here for 56-year-old rental property owner?; Should rich people be writing this column?
Scattering the seeds: By diversifying, you reduce risk but not returns. Also in this issue: From the Mailbox — Some people over-save for retirement.