All tagged The Simple Path To Wealth
In my last blog post, where I was giving away a bunch of books on personal finance, I gave you two ways to enter. You could either just click enter and get on with your day, or you could take a moment to answer my wide-open question, “Tell me in 100 words or less how you have improved your financial situation”. I honestly thought most people would just enter to win the books without taking the time to write a response. Gosh, was I wrong! My inbox quickly filled up with over 260 fantastic responses, and I’m sharing all of them below. Yep, all of them.
This blog post took ages to research but should make your decision around choosing a KiwiSaver fund easier. Hopefully. This blog post title is a bold claim because the KiwiSaver market is fecking confusing. Still, I felt this was a blog that I had to write because frequently, I respond to emails or have conversations where people ask me point-blank what KiwiSaver fund should they use.
ETFs, Index Funds, Hatch, Kernel, KiwiSaver, Money Education, Personal Finance, PocketSmith, Sharesies, Simplicity, SmartShares, Investment, Budgeting
To my surprise, I’ve chalked up five years of writing this blog! And I can’t quite believe it. I thought I’d blog today about what I’ve learnt, observed and what it’s like to write a blog because there is not a single day that has gone by that I’ve not emailed or spoken with someone about what I tend to refer to with my whanau and friends as ‘blog stuff’.
Index Funds, Hatch, Investment, KiwiSaver, Personal Finance, PocketSmith, Shares, Sharesies, Simplicity, SmartShares, ETF
I’ve waited a long time to fill out my own Net Worth Millionaire Questionnaire! YES, our net worth has finally ticked over from 6 numbers to 7 and it’s fair to say I’m delighted. But what is the purpose of me and other people sharing this information? It’s so that you can apply it to your own situation and see the variety of ways that other Kiwi’s have created wealth for themselves and know that it is possible for you as well.
I’ve had my millionaire questionnaire available since July and I thought I’d look at a couple of the questions in particular and see if there are any common threads that we can draw on and I’ve read through each response and gleaned the following advice for you.
This week I received an email from someone who has stumbled upon the big wide world of investing and at the age of 40 has suddenly had their mind blown with the possibilities. He specifically asked about index funds and I also knew I had met a kindred spirit when he said: “compound interest is a new favourite term”.
Today I thought I would tackle one of YOUR questions head on. It’s housing related, a topic that is constantly being talked about in New Zealand and one that I generally try to avoid. So here goes…
Two weeks ago I was giving away a book The Simple Path To Wealth by JL Collins and in order to win it I asked you to send me an email telling me the most simple strategy you have devised so far to get yourself ahead financially. I was flooded with suggestions and I thought that they were just too good not to share.
