Category: General Finance
New savings rules comes with big bucks attached
From 1 April 2019 you can choose KiwiSaver contribution rates of 3%, 4%, 6%, 8% or 10% of your salary. Make the most of it!
How safe is your money in KiwiSaver?
About 80% of diversified KiwiSaver funds lost value in 2018. Was yours one of them? Find out how your KiwiSaver fund has performed over the past few years and how much you may have in...
The Best Time To Buy Your Travel Money
Booked your travel overseas? You have sorted your accommodation and your flight plans. Now….how about travel money? Should you exchange your New Zealand dollars right away or should you wait until it’s closer to...
Money Week – Your personal financial journey
As part of our Money Week series of articles we have already looked at smart ways to use your credit cards and the importance of being cashflow rich (not just asset rich). Your personal...
Money Week – How to manage long term debts
In keeping with the theme of Money Week, being ‘financial resilience’, we looked at smart ways to use your credit cards in the first part of this series. The concept of resilience is relevant...
Money Week – How to be smart with credit cards
This week is Money Week – the theme for this year being ‘financial resilience’. At PocketWise, building a financially resilient community is our mission. Of course there are many approaches to being financially resilient....
What is negative gearing and how does it affect me?
Like Lindsay Lohan circa 2007, negative gearing seems to always be in the headlines for all the wrong reasons. While negative gearing is more relevant to investors than property newbies, there’s a high chance...
Will you lose your home if mortgage rates rise?
The Kiwi property market has a lot of parallels with our neighbours across the ditch, which has made the results of a recent study all the more worrying. The research found that a substantial...
What are the cons of a fixed rate home loan?
A combination of attractive market conditions and greater budgeting certainty has seen more and more Kiwis taking out fixed rate home loans in recent years. While current rates are certainly making fixed mortgages appealing for first...