Debt Repayment
The following is a selection of articles mainly from January 2005 to the present. To explore this topic in more depth and access earlier columns, please use the search box.
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Articles
Are New Zealanders bad savers? It's all in the way you look at life
Key Points
· Some surveys on retirement saving are unduly pessimistic.
· Saving for retirement should be defined much more broadly than putting money into financial assets.
· Other ways of saving, such as repaying debt or getting an education, are wiser moves for some people than financial investing.
· Research shows that most New Zealanders are saving enough to maintain their pre-retirement standard of living after they retire.
· When we define retirement saving more broadly,...
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NZ Herald October 20 2007
THE OTHER B WORD
Budgeting is rather like eating healthily or exercising. Some people like to do it, but for others it's a chore. And for many it's a source of guilt. They think they should do it, but they don't.
This article could be yet another telling the laggards how they will be much better people if they keep track of all their spending. But that's hardly likely to make any more difference than other such articles.
As poet Robert Frost wrote: "Nobody was ever meant, to remember or invent, what he did with every...
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NZ Herald April 7 2007
Q&As: A year-old letter shows the danger in trying to predict what the Kiwi dollar will do
"Plodders" wonder how to match the investments of their landlord friends
Traders in shares beyond Australasia no longer pay the old tax on capital gains
How about taxing rental property the same way as international shares?
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Syndicated column March 6 2007: Digging your way out of the big hole
You're never in debt so deep that you can't get out again. At least one reader of this column will be reassured by this message from Raewyn Fox, chief exec of the Federation of Family Budgeting Services.
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Syndicated column February 3 2007: Help for those in debt
Repaying high-interest debt is sometimes called the best investment. And there's a way to do it that, I suspect, many people don't know about.
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Holm Truths summer 06-07
The other B word: While some people find it easy to follow a budget, others struggle. Here are some tips for the latter group.
Also in this issue: From the Mailbox - Couple who sold their house save heaps by renting. But should they wait for a price fall before buying again?
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Holm Truths Spring 06
Mortgage moves: How you can make the big loans work better for you
Also in this issue: From the mailbox - Is it a good idea to increase your mortgage and invest the money elsewhere?
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Syndicated column March 28 2006: What we don't know CAN hurt us
One of the first things journalists are taught is to make the first sentence of an article a "grabber", something that will perhaps surprise readers and make them read on.
So this column is officially starting now: Every New Zealander over 65 gets NZ Super, no matter how rich they are.
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NZ Herald February 11 2006
Q&As: Couple should spend less?
Wealth isn't always money.
How last week's correspondent made his millions.
Making extra payments on fixed mortgages without penalties.
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NZ Herald January 28 2006
Q&As: 27-year-old overseas doesn't need more than 4 rentals in NZ.
Should more conservative 26-year-old get revolving credit mortgage?
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NZ Herald December 17 2005
Q&As: Should newly separated woman buy a house or rent?
Our total tax rate depends on whether we spend or save.
End of year message.
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NZ Herald December 10 2005
Q&As: $29,000 rental in Gore not the thing for a risk-averse man.
More on tax on a second job.
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Syndicated column November 29 2005: The student loan lark - what students can and can't do
Student loans are back in the news. And there's some confusion about how students will be able to use - or abuse - the system when all loans become interest-free next April.
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Syndicated column November 15 2005: Borrowing is not all bad - it depends why we borrow
Reserve Bank Governor Alan Bollard has been telling us off because we keep raising our mortgage debt. But, from the individual's point of view, how bad is that? It depends on why we borrow.
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Syndicated column November 1 2005: Borrowing tricky between family or friends
A quote recently caught my eye. "The easiest way to teach children the value of money is to borrow some from them," it said.
But that applies not only to children. Adults, it seems, take much more notice when someone has borrowed from them than when someone has lent to them.
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Holm Truths spring 05
Kids, cash and cards: Help your children learn about money
Also in this issue: From the Mailbox - Saving for the children's future
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NZ Herald August 20 2005
Q&As: Should a youg woman put her savings into her rental mortgage or diversify?
How to get through to Inland Revenue.
Take care when depreciating rental property.
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Holm Truths winter 05
Seize the chance: A great way to boost your savings
Also in this issue: From the Mailbox - Investment as retirement approaches
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Are New Zealanders bad savers? It's all in the way you look at life
Key Points
· Some surveys on retirement saving are unduly pessimistic.
· Saving for retirement should be defined much more broadly than putting money into financial assets.
· Other ways of saving, such as repaying debt or getting an education, are wiser moves for some people than financial investing.
· Research shows that most New Zealanders are saving enough to maintain their pre-retirement standard of living after they retire.
· When we define retirement saving more broadly,...
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NZ Herald May 7 2005
Q&As: A letter to give a spouse who is mean with money.
Where to get info on interest rates.
Returns on share funds, and debt repayment.
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NZ Herald April 23 2005
Q&As: Is it better to repay your mortgage or invest in a work super scheme?
Website with interest rate info.
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NZ Herald April 9 2005
Q&As: Where should a 13-year-old put his regular savings?
Extra repayments on a fixed mortgage.
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NZ Herald March 19 2005
Q&As: Tips for a 12-year-old on how to save.
A revolving credit mortgage might be just the thing.
One way to spot a leaky home.
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NZ Herald February 5 2005
Q&As: Where to from here for 56-year-old rental property owner?
Should rich people be writing this column?
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Holm Truths summer 04-05
Scattering the seeds: By diversifying, you reduce risk but not returns
Also in this issue: From the Mailbox - Some people over-save for retirement
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Holm Truths spring 04
Investor beware!: How to spot a rip-off or scam
Also in this issue: From the Mailbox - Plans for single mother of 41
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Holm Truths autumn 04
'His & Hers' investment styles - How gender affects the way we invest
Also in this issue: From the Mailbox - Borrowing to invest, eg in a rental property
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Holm Truths autumn 02
Burrowing into borrowing: Buying goods and services using credit cards or hire purchase can hurt your wealth
Also in this issue: Great Debate: Credit cards v EFTPOS
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Holm Truths spring 01
Taking on the world: Spread your share investment money across the world
Also in this issue: Great Debate - Investing v repaying your mortgage
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