Buying a first home — after loss of KiwiSaver grant
– But first: a comment on Budget tax cuts — try to save that money!
– KiwiSaver still best for first home saving — despite loss of grant.
– Other help with buying first home…
– … Or rent long-term, while saving hard.
– Where to invest your long-term savings?
Q&As:
– Worried about losing your job?
– Retirement costs in New Zealand…
– … or you could move overseas
– Better uses of credit card rewards
– Alternative to health insurance?
– Public v private health care
Q&As:
– Brilliant KiwiSaver results in 2023
– Stopping regular investing in downturns not a good idea
– Why longer-term laddering works better
– Landlords’ finances not what drives rents
– Did tax policy hurt UK investment here?
– Finer points of rental tax deductions
Q&As:
– 5 shares in one industry playing with fire
– How rental property should be taxed
– Reader objects to landlord image
– What happens to odd cents
– The next step in laddering term deposits
– No I don’t support the Government blindly
Q&As:
– Tips for a 26-year-old on how saving for a home
– A 50% house price drop? 30% has happened
– Changes strengthen landlord argument
– Tough gifting rules for elderly care subsidy
– One way around the care subsidy rules?
– Divorce not the answer unless real
Q&As:
– Become a digital nomad — but keep the house
– What it’s like working with a financial mentor
– Sell the house and rent in retirement?
– Some banks reject parents’ loans to children for house buying
– A warning on lending to an elderly parent
It’s OK to give up on ever owning a home.
– Home ownership falling — people need family help to buy
– It can work to be a long-term renter
– Advantages of renting
– But you need to save lots for renting in retirement
– Prediction — long term house prices will fall relative to incomes
– Best way to save
Q&As:
– You don’t need to own a home to do well financially
– Get rid of Aussie shares says widower
– Reconsider insurance needs as your situation changes
– When switching KiwiSaver providers works best
Q&As:
– Share funds tend to perform better than DIY share investments
– Reader, 64, should keep working if that’s what it takes to keep her home
– A simple way to explain laddering term deposits to the bank
Q&As:
– A mortgage interest rate rise from 11 to 18 per cent. Yikes!
– Should reader keep contributing to KiwiSaver as her balance falls?…
– … And should another move to a KiwiSaver cash fund?
– Rentals have more people living in them, says landlord advocate
– One landlord tries to shoot the messenger…
– … While another speaks plainly to other landlords
– How one share club is run — and you can join it