How to use AI tools to simplify personal finance – Diana Clement
If you haven’t tried AI yet, visit one of those sites and type in a question [“prompt” in AI language] such as “What are some good questions to ask AI to improve my personal finances in New Zealand?” You’ll get a range of queries such as: What percentage of my income should I save? Should […]
Tax bills & IRD: How to legally reduce your tax burden before year’s end – Diana Clement
For most wage and salary earners, tax deductions will be correct and the Inland Revenue Department’s (IRD) annual automatic tax assessments will ensure that any refunds find their way into taxpayers’ bank accounts automatically. It’s worth checking that you’re on the right tax code. If you selected the wrong tax code when starting a job, […]
How to manage your retirement savings in your golden years – Diana Clement
The 6% rule allows retirees to withdraw 6% of their total retirement savings annually. The money isn’t going to last as long, but research shows that people tend to spend less as they age, said Alison O’Connell, a member of the New Zealand Society of Actuaries who has a background in the pensions industry. The […]
Debt snowballs and debt avalanches – how to pay ongoing costs in the New Year – Diana Clement
Advisers and mentors such as Lange are often contacted by people in the New Year who don’t know how they are going to pay for essentials. Some people will have overspent, while others may have been through relationship breakups over the summer and have no idea where to start to dig their way out of […]
The secret of their success: How to keep your cafe full and customers coming back for more
Browns Eatery co-owners Jenefer Bilkey and husband Dan Alderson have replicated their successful cafe formula in Kohimarama and Parnell. Photo / Dean Purcell Ask Bilkey why the Browns formula works and she takes time to ponder the question. She’s been so busy she hasn’t had much time to think about it. So many reasons, she […]