Author: ilmamani
What should I do with my emergency fund?
Managing your emergency fund effectively involves smart choices. Consider a high-interest savings account for quick access and some interest earnings. [...]
Where My Term Deposit Money Is Going and What Are the Risks?
Bank's Term Deposits offer a fixed interest rate but carry risks like bank failure and vulnerability to inflation. While rare, bank failures can happe [...]
I am starting a new job. What tax code am I?
Determining your tax code can be intricate, especially with a student loan and part-time employment. In New Zealand, if your part-time job is your pri [...]
Tips For Investing In Penny Stocks
Penny stocks, priced under $5 per share, offer high return potential but carry substantial risk. To profit from them, research thoroughly, beware of s [...]
Should I rely on the inbuilt Credit Card Travel Insurance?
When relying on travel insurance, carefully review the policy, understand the claims process, stay informed about travel destinations, and consider su [...]
Should I change my Kiwisaver fund?
Deciding to switch from a conservative KiwiSaver fund to a growth fund hinges on your financial goals, risk tolerance, and time horizon. A growth fund [...]
Should I Buy NFTs?
NFTs, or Non-Fungible Tokens, are a hot topic in art, entertainment, and digital assets. They offer ownership, digital collectibles, and decentralizat [...]
Does Rising Inflation Put Share Investments At Risk?
Rising inflation and changes in monetary policy, like an increase in the Official Cash Rate, affect share investments. Inflation erodes purchasing pow [...]
Is it better to purchase a house or purchase land?
Choosing between a purchasing rural land or a rental house hinges on goals and preferences. Land offers dream home potential and sustainability, but w [...]
I received $10,000. What is the smartest decision to do with it?
Managing a $10,000 windfall involves several options. Prioritize creating an emergency fund, paying off debt, and investing in education or a side hus [...]