Setting up a rainy day fund
– Sorted Money Month: This year — emergency money
– Good for mental health
– How to set up a fund and how much
– Sorted Buffer Builder app
– Putting money slightly out of reach
– “Give it to charity”
The power of drip feeding into investments
– 3 reasons it works well
– What is dollar cost averaging?
– Why does it work?
– What if you have a lump sum?
Which is better – paying down the mortgage or investing?
– Questions from listeners on this
– Also a question on whether you can make faster repayments on a fixed term mortgage
Tips on buying a house or apartment
– Now it’s a “buyers’ market” — but don’t try to time markets
– Get a LIM — important info
– See property at different times
– Check the neighbourhood
– Online valuations
– Building inspection
– Negotiating — including auctions
– Very important: be prepared to walk away. There are always other good houses!
Emergency (or rainy day) money — how much? And where?
– Lack of fund is source of stress
– Priorities with your money
– How much?
– Where to save — including idea for those with mortgages
– How to build a fund
– A “charity fund”?
– If you use the money…
Are New Zealanders getting insurance all wrong?
– Survey: we don’t insure what matters most
– Why that might be?
– Does self insurance work?
– Is insurance a good deal?
– Ways to cut insurance costs
Plus:
– Self-employed should stick with KiwiSaver
Q&As:
– You’ve done well, but don’t lose compassion
– Spending seems to rise in retirement?
– Living on NZ Super — with plan for health costs
Plus:
– Not Planning on Home Ownership
Q&As:
– Put inheritance in finance company deposits?
– Should badly advised readers hire a lawyer?
– Bad advice ruined retirement
– Tax deductions might help couple
– Spend savings before postponing rates
– Psychology and selling gradually
– KiwiSaver funds usually unit trusts
– The maths of dollar cost averaging
Keep contributing to KiwiSaver — through thick and thin.
– A listener’s email about children’s KiwiSavers, but it applies to everyone
– Don’t judge performance over short periods
– Stick with growth fund if not spending the money soon
– Contributing in downturns is a plus!
– How to support children and young adults in KiwiSaver
– Answers to listener Qs on KiwiSaver and market volatility
Q&As:
– Should the son inherit more?
– Were the old days really better for women?
– “Fairer” NZ Super could be a nightmare
– Are over 65s really working more?
– Investment firm defends their numbers