I had a conversation this week with my sister, who had a dilemma. Her 15 year old son, my nephew, has been pushing for the latest iPhone. Its an essential tool of the trade when you are a teenager and he is in desperate need of an update apparently.
All in Debt
KiwiSaver ≠ First Home Buyer Deposit
Is it just me or are people confusing saving for a house with saving for retirement? I keep hearing about first home buyers all the time and how difficult it is to get into the market. But the question I keep asking myself is “why do people use their KiwiSaver as their primary mode of saving for a deposit?”
House Building 101
The slow moving trainwreck that is the NZ housing market continues on unabated. Those wanting a first home can’t buy one because those owning many homes keep buying them to rent them out to those wanting to buy a first home but can’t afford them…
Paying Off The Mortgage Faster
A number of subscribers have reached out to me with the question of “how can we pay off the mortgage faster”? I’m sharing a little of my thinking of what did work for me.