Recently I was advised by clients that they had moved to another insurance provider. Why, I wondered?  We had reviewed the cover in the previous 12 months and confirmed that the type and levels of cover were appropriate, the premiums were competitive, and the policy wordings remained the most robust in the New Zealand.

Pay down debt or invest funds elsewhere, there is a lot to think about!

Decisions around how much borrowing is appropriate and how quickly it should be repaid are often the most critical considerations people can make. In our current fiscal environment, New Zealand banks are tightening lending criteria and repayment timeframes. This is largely in.

BOMAD – What are you talking about???     Some statistics to ponder … UK 2017 –

• $12 billion of lending was from the bank of Mum and Dad
• 30% up on the previous year

Australia 2017

• $71 million of lending from BOMAD
.

Well, Glyn and I helped our eldest son Cameron move out of home this weekend, and as our youngest is currently in Wellington, we are now empty nesters! Whilst there was no sports bag, gym shoes or car keys parked at the top of the stairs all weekend, and the grocery bill was a fraction of.

This same principle applies to investing – start and keep going on a regular basis, and the “end result” will be far more favourable than a panic approaching in your 50s. Have a look at the graphs below – a 30 year old earning $80,000, has a $5,000 balance and contributes 3% of their income. At.

Recently I read an article featured in the New Zealand Herald, which was written by “Geeks on Wheels” – a mobile IT company assisting individuals with all things IT. Typically, they receive 200 calls a month from New Zealanders who have been scammed, and their computers and software need to be made secure again. This number.