Tag: Psychology of money | Page 6

RNZ Radio 28 November 2019

November 28, 2019

Notes from a conference

Westpac Massey Fin Ed Centre conference on “Building financially capable communities: our pathways to success”
– Current Financial teaching in schools is not effective, especially for lower sociology economic kids
– Self efficacy — whether you believe your actions and effort will affect your outcomes — is more important to wealth than things like financial literacy. Can it be changed?
– Changes coming to regulate payday lending. Will they help?

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.

NZ Herald 28 September 2019

September 28, 2019

NZ Herald Q&A Column

Q&As: Holders of small student loans are better off getting rid of them; KiwiSaver can add up over the years for self-employed and non-employees…; And also students; Mortgage interest still deductible on rental properties; People should check medical care before moving to smaller towns; Father and daughter celebrate Dad’s day in the kitchen.

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.

NZ Herald 14 September 2019

September 14, 2019

NZ Herald Q&A Column

Q&As: Couple leaving Auckland shouldn’t worry about being unable to get back into that housing market; 96-year-old still saves — and likes visits more than presents; One reader thinks 88-year-old should spend as he pleases…; Another worries the granddad is being exploited …; And another says it’s important to talk to the elderly about money; Why shouldn’t a retired person get a mortgage?, reader asks.

NZ Herald 7 September 2019

September 7, 2019

NZ Herald Q&A Column

Q&As: How to help reluctant grandfather with his finances; Is insurance a rip-off, and therefore you should self-insure?; Now is the wrong time to buy or build — or is it?; Last week’s correspondent opens money conversation with his wife. Money Week theme: Talking about money.

NZ Herald 22 June 2019

June 22, 2019

NZ Herald Q&A Column

Q&As: When having a separate savings account is not the best approach; Houses still cheap in Whanganui; Mt Albert reader offended by house price Q&A; KiwiSaver government contribution smaller in your first year; Provider says their fund is great for retirees; KiwiSaver withdrawals after 65 not instant.

NZ Herald 20 April 2019

April 20, 2019

NZ Herald Q&A Column

Q&As: Don’t try to time your move into a higher-risk fund; ‘Own pocket money’ a secret for matrimonial harmony; Non-earners should raise KiwiSaver contributions if they want a first home grant; A grandma worries about the children’s KiwiSaver accounts …; … But a mother reports her kids are doing fine; Video comparing home buyer and renter is misleading. RIP capital gains tax.