Debt advice from ‘radical’ nuns
The nuns’ slavery maxim (which I first heard mentioned by Labour MP Deborah Russell in a debate in Parliament) is derived from from the words of a Syrian dramatist before the birth of Jesus.
Category: Opinion
Why we need NZ banking probe
There’s also a serious problem with the terms of Hisco’s removal. He’s forfeited over $6m of ANZ equity, indicating the seriousness of the expense issues. Yet he gets $2m of salary and holiday pay. Why? Does that money belong to the shareholders?
How much makes you rich?
To millennials, it’s an average personal net worth of US$1.9 million (NZ$2.9 million), according to Charles Schwab’s 2019 Modern Wealth Survey, which polled 1000 Americans about money. This nearly US$2m target number is roughly 20 times the median net worth of US households – US$97,300, Read More …
Is KiwiSaver a good way to save?
As of Monday, you are no longer limited to automatic contribution rates of 3 per cent, 4 per cent or 8 per cent of your pay. You now also have the option of 6 per cent or 10 per cent. But just because you can Read More …
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Diana Clement: The biggest financial mistakes we make for our children
One of the big problems is our children have less experience with cash than we did, says Hale. How many of us have our credit cards set up in the iTunes or PlayStation account and our young ones just need to click to make an Read More …
Blown Your Year Budget Already? Get It Under Control With These Tips
From time to time we all exceed our budgets. Whether this is weekly, monthly or annually, keeping our budgets under control can be very challenging for the vast majority of us. If you have blown your budget for this year, we will show you how Read More …
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What would you do if the market crashed? Take the test
The Financial Markets Authority has released a quiz to help people test their reactions and help educate people on what to do as part of Money Week – a national week aimed at getting people to do better with their money.
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Does $90,000 make you middle-class or wealthy?
So how much money does it take to meet Kharas’s definition of middle-class? It depends on where you live and, more precisely, on how expensive things are where you live. Kharas’s definition takes into account the higher cost of meeting basic needs in places such Read More …
The Result Of Banks And Insurers In The Spotlight For Misconduct
Over the years, banks and insurance companies have been in the spotlight more than ever before. Across the world, the global crisis has really bought banks and insurers to the forefront. Some of our most well-known banks have been investigated for misconduct, which could have Read More …
The pension doesn’t give me much, but I am content
I haven’t had a holiday in well over 25 years but what would I do if I could afford one? Sit on the deck of a hotel? Look out over the sea? That would be nice but I live very close to the bush and Read More …