Author: Clive Fernandes
Advice on moving from NZ to Aus
Australia beckons with opportunities for electricians and ECE teachers in major cities. Shipping advice: obtain quotes for accurate costs. Bringing pe [...]
Tax on working full time and sole trader on side?
Discover how individual tax rates in New Zealand affect sole traders, where income is taxed progressively, with a top rate of 33% for earnings over $7 [...]
Strategies for saving for kids future?
Commendable dedication to your child's financial future requires a well-rounded plan. Start with an emergency fund, reduce mortgage debt, and contribu [...]
Will the deposit required increase if I sell and don’t repurchase a house for 5 years?
The down payment for a home purchase can vary based on factors like financial status and market conditions. Suppose house prices and/or interest rates [...]
Does changing mortgage provider have any effect to amortization?
Switching banks or mortgage providers during the life of your mortgage doesn't directly impact the overall amortization schedule of your loan. The amo [...]
Is it common to have Life Insurance in New Zealand?
Investments can be part of your broader financial strategy, but they don't replace the need for life insurance. It could be tough to build up an amoun [...]
Do I need a credit card history before buying a first home?
Looking to buy your first home? Discover the importance of a good credit rating, its impact on mortgage eligibility and interest rates. Learn how to b [...]
Personal Loan 13% or Credit Card 5.99%?
Before initiating a balance transfer to pay off an $18,000 debt, consider factors: check the introductory period, watch for transfer fees, credit scor [...]
Price of a cross lease house vs same house freehold
As a rough indication, costs in 2023 are usually between $23,000 and $25,000 for a two-unit lot cross-lease conversion. However, the costs can vary, o [...]
Should I use KiwiSaver for retirement or first home?
Confused between KiwiSaver for retirement or your first home? Explore the factors to consider when making this crucial financial decision. Learn how r [...]