Last week we looked at how changes in headline interest rates in New Zealand versus other countries can affect your overseas travel plans. But, such changes in interest rates will impact on your other...
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...
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...
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...
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....
Background The KiwiSaver retirement savings initiative commenced in July 2007. Over the last 10 years and a bit since then, about 2.8 million Kiwis have opened KiwiSaver accounts and in aggregate accumulated close to...
The short version is that: You can now contribute 6% or 10% of your salary as your regular contribution to your KiwiSaver account; If you take a contribution holiday, you now only have one...
How do international money transfers work? International money transfer is the process of sending money overseas. When sending money overseas, you generally need to open an account with your chosen service and deposit money...
As consumers, we all thrive on instant gratification – the here and now. No wonder then that it’s so easy to be hoodwinked by the apparently innocent decisions we make (or don’t make!) today,...
Investment markets around the world have had a dream run for a good part of the last decade – that was till earlier this year. Why does it matter to you, you may ask?...