Q&As: Reader knows more about chemistry than savings schemes; Yes, KiwiSaver does rely on government favours to be attractive, but that’s okay; Timing of the tax credits in the next KiwiSaver year; Some KiwiSavers on total remuneration may want to take contributions holidays; When to bring UK inheritance to New Zealand.
Q&As: Self-employed probably fare worst in KiwiSaver changes, but scheme still really hard to beat; Likelihood of more government changes not a good reason to stay out of KiwiSaver; Abolition of gift tax reduces paper work for family trusts, but doesn’t eliminate it; “Provincial perspective” on changes in house prices over the decades.
Q&As: Foreclosed property seminar reminds me of investment warning lists; Government’s proposed changes don’t affect current KiwiSaver decisions; Do banks lend more than their total deposits?; Am I brainwashed, and perpetuating myths about family trusts?; Fair enough that housing is not cheap here, says American who moved to NZ.
Q&As: You need to compare rental properties and share investments on the same basis; How does KiwiSaver work for kids, and will the parents “trap” them into something they won’t want as adults?; Should we look at house prices versus household income, rather than individual income, when looking at affordability over time?
Q&As: Bad experience with fund shouldn’t put you off KiwiSaver…; …Nor should low income; Way of getting around high-interest fixed mortgage not without risk.
Q&As: Should couple sell their house, and buy again later?; The high price of not organising your automatic payments well; When you should and shouldn’t repay your student loan quickly — and future prospects; 2 Q&As on what happens to KiwiSavers when they retire.
More reasons to get young into savings accounts. An article I read recently made me more convinced that it’s good to sign up children into savings accounts.
Q&As: Repaying debt should be Number One priority — with one important exception; Money can’t buy the most important things in retirement; Last week’s numbers on NZ Super were incomplete — sorry; Let’s demystify share trading, and share holding; One more advantage of owning shares.
So much for the “can’t afford to save” excuse. Practically all New Zealanders can save. If they want to. In the wake of the release of the Savings Working Group (SWG) report on February 1, various people have been saying that many New Zealanders just can’t afford to save. I don’t buy it — or should I say save it.
A financial gift for both the giver and recipient. Christmas or not, here’s a way you can give to someone else and also gain yourself. Sponsor an adult who is struggling financially to make the most of KiwiSaver.