The Government has announced that the banks will be offering a 6-month mortgage holiday to help homeowners deal with the financial implications of the COVID-19 crisis. For most households, mortgage repayments are one of the biggest regular expenses, so being able to avoid that payment is appealing and in some cases almost essential. The term 'Mortgage Holiday'
As you can appreciate, at this time we're currently experiencing a high volume of questions. They all have a similar sound to them so to save time, here's a list to cover off some of the FAQ's around Covid-19. If you're curiosity persists, please do get in touch. For an extra insight, I'm happy to
Good debt, bad debt, or no debt? For most of us, there's a love/hate/guilty pleasure thing going on here concerning our relationship with debt. The messages we've heard about debt are not consistent either — is it good, bad, or otherwise? Furthermore, should mortgage debt be lumped into the same category as all other types
Do you run a small to medium-sized business and you've been in business for more than 6 months in NZ? Then read on... Adrienne Church, the General Manager of Prospa New Zealand discussed with me recently on the NZ Everyday Podcast, how 'cash-flow funding' works and how small to medium-sized enterprises grow using this tool.
Your own home has taken you hostage – and there are 5 ways you can escape. That’s right, you may have made a horrible mistake when you bought your current home. You purchased the house for the present you instead of the future you. I’m going to try to help you out, as, just
In the 1980's, the medical alert business was just getting started - 'Help, I've fallen and can't get up' - I loved saying this slightly irreverent quote every time I saw someone fumble or fall over as a child - I know, sorry! The official cash rate has fallen. Are we in trouble NZ? Will
10 THINGS YOU SHOULD KNOW WHEN BUYING A HOUSE In this post I'm keen to help some people out - it's not that you're dumb, but unless you do this stuff every day you're likely benefit from at least a couple of points here. Here's the thing - your mortgage is likely your biggest expense
What’s so special about investing in property? After all, equities perform better in the longer term so why would you bother at all? Perhaps it’s the ease at which it can be done, or the tangible nature of this asset class. I think it's more about this marvellous thing called ‘leverage’. In this podcast we
Being an environmentalist while driving a diesel SUV is like going to McDonalds for the salad. Now I’m not going to pretend to be a tree hugger - I do like burning wood as much as the next guy though! To state that you ‘stand’ for anything is like putting a big target on your
I've been loyal to my bank, so they'll look after me! Yes, this used to be true...but...Loyalty is NOT rewarded these days my friend! Here’s why: 1 - It’s not the bank who cares about you - it’s the PEOPLE. And good people often move on and get promoted! 2 - Rules trump all in