NZ Herald 9 February 2019
Q&As: Self insure only for the small stuff; KiwiSaver not good for rainy day money – but diversification is important; Can’t beat mortgage repayment after taking tax into account; Mortgage versus KiwiSaver revisited.
Q&As: Self insure only for the small stuff; KiwiSaver not good for rainy day money – but diversification is important; Can’t beat mortgage repayment after taking tax into account; Mortgage versus KiwiSaver revisited.
Q&As: Should first home buyer put KiwiSaver money into the purchase?; Should pay rise go into mortgage or KiwiSaver?; Is health insurance necessary?; Reader misunderstands role of NZX; NZ Super rises faster than costs, despite reader’s numbers.
Sorting your finances step by step. Based on Mary’s new book “Rich Enough? A laid-back guide for every Kiwi”: Why it’s best to do it in steps. Why the steps are in this order. What the steps cover: Step 1. Start now — it’s easy; Step 2. Kill off high-interest debt; Step 3. Set up insurance — and a rainy day fund; Step 4. Join the best KiwiSaver fund for you; Step 5. Boost your saving painlessly — how and where; Step 6. Stay cool; Step 7. Head confidently towards retirement — and through it; Step ? (when it’s the right time for you — if ever): Buy a house, or sell one.
Q&As: Who to appeal to on KiwiSaver financial hardship withdrawal; Check insurance if doing Airbnb; Upset reader wants me to apologise to fathers; Pick your term when ‘laddering’ term deposits; Ask the bank, and ye shall receive; Tax on landlords ‘would be unfair’; One reason some don’t contribute to KiwiSaver.
When insurance isn’t boring — when you need it but haven’t got it: Possible reasons for under-insurance; Which types of insurance are worst?; Basic idea of insurance — why it’s best to be a “loser”; What cover do you really need?; When to review your insurance; Who to get your insurance from.
Q&As: Some spend too much on fun, but some spend too little; What to do if employer won’t contribute to KiwiSaver; 2 readers ‘self-insure’ for health insurance; Reader glad he had check-up before dropping health insurance; Another way to keep down health insurance costs; How have you done in KiwiSaver?; Win a seminar ticket.
Q&As: Should retirees stop their health insurance?; 2 reasons why students should participate in KiwiSaver; My maths was OK!; Reader suggests doing a trial run on retirement budgeting; Retired couple doing fine on $600,000; More research needed on changing NZ Super age.
Q&As: Is it really harder to buy a house now than in the 1980s?; A money coach explains an addiction to spending…; …And a reader describes how it affects her; Does it work to have life insurance with 2 companies?
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: Forget Lotto and enter competitions; Are Bonus Bonds a good substitute for health insurance?; Shares not the answer for student’s savings; Reader dislikes my comments about young landlord; Request for pros and cons of living on a boat.