Author: Clive Fernandes
30k in savings and new to financial literacy with no investments
Establish a 3-6 month emergency fund for relocation, factor in costs. Explore KiwiSaver in NZ for long-term savings and consider low-risk options for [...]
Paydown mortgage or top up Kiwisaver?
Managing your finances effectively? With an extra $120 per fortnight, you have choices to consider. Boosting your mortgage repayments can accelerate t [...]
Kiwisaver withdrawal without getting eligibility check
For a KiwiSaver home withdrawal, meet eligibility criteria, initiate early, and communicate effectively. Distinct from Kainga Ora HomeStart Grant, pre [...]
US and NZ tax resident – do i have to pay double tax?
The specifics of how the DTA applies can be complex and depend on your individual circumstances, including your tax residency status and the nature of [...]
Insurance for bank before going unconditional
To fulfill ANZ's insurance requirements for your apartment, obtain a confirmation letter from the Body Corporate specifying coverage commencement on t [...]
Does using my Gem credit card on Paypal/Wise count as a cash advance payment?
Using your Gem Credit Card for PayPal or Wise purchases requires caution. Check if transactions are treated as cash advances, potentially incurring hi [...]
Anyone used a wise card in Fiji?
Compare Wise and ASB for Fiji transactions, focusing on conversion fees and exchange rates. Consider additional charges and explore real-world experie [...]
Should I spend more money on a car?
Consider factors like your budget, future home purchase plans, repair costs, new car expenses, and reliability. Prioritize your savings and be mindful [...]
What are some money saving tips while renting?
Rent can be a significant expense, but there are ways to save money while renting. Budget wisely, consider more affordable neighborhoods, negotiate re [...]
NZ Tax question regarding offshore online income
The Inland Revenue Department (IRD) does not automatically deduct a portion of the money deposited into your bank account for tax purposes. You’ll nee [...]