Have you ever thought “How much do I need to save for my retirement”? I certainly have. Professor’s from Trinity University in America created a study that looked into a sustainable withdrawal rate and to cut a long story short, they came up with the 4% Rule.
KiwiSaver is one of many investment tools you can put in your little kiddies tool box. I have a daughter who is now ten and I signed her up when she was born. It was darn hard holding her little cute pudgy hand and getting her to sign the paperwork I can tell you, but we got there in the end!
Sharesies have just celebrated their first birthday and up until this point I have resisted having a play around with their product. But I figure that they are still here after a year, the social media fan party has faded away and yet they still keep coming up in conversation.
People tell me that they are investing quite large sums of money in order to get a return but at the same time they have a mortgage. My short and sweet response is typically that “in my humble opinion, you can’t make money while you owe money”. Once I’ve uttered my opinion the fireworks often start.
I have recommended this book to a lot of people and everyone I recommend this book to loves it! And more importantly they act upon the advice inside the book. You need to add this book to your reading list.
I’ve blogged before about ways I teach my daughter to be good with money and it remains a regular topic in our house. I’m always looking for opportunities to teach her more and I thought if you have children of your own then you might like to see how I go about it?
How often have you daydreamed about winning Lotto? What would you do with it? I recently received a great email asking the question, "Would you prefer to get $1,000,000 today, or $1,000 each week for the rest of your life?"
What’s up with my KiwiSaver balance? It's dropping!? At the end of each month I check my balance so I can update my net worth spreadsheet and usually the balance has increased. Not so over the last few months and here is my proof…
I am staging a KiwiSaver INTERVENTION on myself! Today’s post is an excellent example of “no one looks after your money as well as you do”. I have to fix up my KiwiSaver account, but it’s OK, I’m trained in KiwiSaver First Aid!
