All in Money Education
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?
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!
Tracking every cent makes me calculate each and every time whether we made a good decision with our money. Money is hard to earn and easy to spend so I want to know that I use it as wisely as possible and not look at my bank account and wonder where the hell it all went.
Finding those who are “receptive to your message” is a very delicate task so over Easter maybe put yourself out on a limb and drop a few words like “index fund, net worth, spending less than I earn” into the conversation and watch closely for the response.
Because I threw off the shackles of debt some time ago I have become a little out of touch with mortgages. I’ve had enough emails about “Offset Mortgages” to make me think that this is something I need to look into because there are obviously a few of you out there who either use this system of banking or want to know what it is all about. This blog post may ruffle a few feathers...
