It is important to track your net worth. How else can you know where you are financially so that you can plan for the future? The most important thing is to understand your financial position today so you can be moving in the right direction.
All in KiwiSaver
It is important to track your net worth. How else can you know where you are financially so that you can plan for the future? The most important thing is to understand your financial position today so you can be moving in the right direction.
I have been hearing a lot for a long while about the fees that we pay to our KiwiSaver providers and that over the lifetime of the fund we are paying well above the odds for the service we get. Apparently we should be outraged. I have finally removed my head from the sand and took a closer look this week.
There is the general feeling that kids don’t learn about money at school, right? But, that is not the end of the world because we understand that as their parents, aunts, uncles, grandparents and friends we have the knowledge to teach them, yes?
A Bond is a loan you make to a government, state owned enterprise, council or company. Perhaps they have a specific project they are working on and they need to raise some cash to do it.
Does this sound too extreme to you? A nine year old with an investment portfolio so she can plan for something that may happen in her 20’s.
Having purposefully just returned from America on Monday two days BEFORE the American election I had an inkling that things might get a little crazy.
It has taken me quite some time to learn about diversification and the impact it can have on my investing. But it turns out that I was actually diversifying even when I still had debt.