Building an emergency fund is one of the most empowering financial decisions you can make. It's about taking control of your financial situation and protecting you and your family from falling into debt when life throws its inevitable curveballs!
The homeownership landscape in New Zealand is challenging at the best of times, but for those in their 40s, this decade often represents an important period for re-evaluating your financial situation. Read on for tips on how to revamp your finances in your 40s.
Talking about money with your partner, family, or friends can feel extremely awkward and uncomfortable, but let’s face it... money makes the world go 'round. It’s something we all have to manage, no matter how much we’d rather avoid the topic. It can be worthwhile getting loved one’s advice, as they may know a lot more than you on a particular money-related topic!
Navigating through the world of property can often feel pretty overwhelming, but not when you’re alone! This industry lends itself to so many knowledgeable professionals who know the market, the rules, and the all of the key hacks to ensure you get the best deal when it comes to buying, borrowing, subdividing, renting, and much more. Whether you’re a seasoned home buyer looking to grow your property portfolio, or a first home buyer looking to get their foot in the door, this article will talk you through exactly what these property professionals do and can help you with so that you can feel confident when taking your next steps and wherever they may lead you!
Buying property is a great way to begin to build wealth for you and your family, but depending on your financial situation, equity position, and the banks tightening their debt-to-income ratios, it may be a “no” from the banks when it comes to lending.
Asking for a raise right now might sound a little crazy. With government job cuts, unemployment on the rise, and economic uncertainty looming, the timing seems less than ideal. But here’s the truth: life isn’t getting any cheaper, and your hard work deserves to be recognized. While the thought of negotiating a salary increase in the middle of a cost of living crisis might feel intimidating, it’s not impossible. In fact, it could be the smartest move you make this year. In this article you’ll learn 08 ways on how to ask for a raise in the current market, and how to do it right.
For the first time in years, it’s a buyer's market in New Zealand and it’s never been a better time to buy for first home buyers. Yes, interest rates are still high, but house prices are the lowest they’ve been in years; still sitting at around 16% lower than when prices peaked in November 2021. Although the market is tough out there, sellers are motivated to sell, making it a great time for first home buyers (that’s you) looking to get a good deal on your first home.
Two weeks ago, the Reserve Bank lowered the OCR by 0.25%, bringing it down from 5.5% to 5.25% - phew! Although this change doesn’t seem like a lot, many of…
Official cash rate, dovish, rate cuts, inflation. Cut to the chase please – what does this mean for me and my family? The Reserve Bank recently reviewed New Zealand’s official cash rate and decided to hold it steady at 5.5% with hints towards small rate cuts being expected as soon as the end of this year meaning we’ll start to see interest rates (thankfully) decreasing.
The current property market is looking quite bleak around the entire country. There is a more supply than demand currently, meaning that it’s a buyers market. This can be great if you’re thinking of purchasing a new house, but there may be some things that could trip you up when it comes to selling your own. In this article, we’ll discuss what the selling process involves, what the buying process involves and a top tip from our Founder and Mortgage Broker, Jeff, that might just save you from a very costly mistake and help you navigate this significant transition smoothly. Let’s get into it!
