The pitfalls of sunk costs
We have a 10-minute test in our household. We start a movie or a new show, and, if after 10 minutes we aren’t enjoying it, we stop, and choose something else. This is sunk costs in action. We are prepared…
FINANCIAL ABUSE – IT ISN’T JUST FOR THE ELDERLY
Talking about any type of abuse is difficult and when we think about financial abuse it often conjures up images of older people exploited by overbearing relatives or caregivers, a scenario frequently reported in the media. However, a less visible,…
The Top Three Tips for Financial Happiness
Financial uncertainty often looms in our world’s chaos, a stark reminder of our anxieties regarding money-related decisions. However, despite these concerns, there’s a compelling argument for embracing financial happiness, regardless of our economic situation. Why do so many of us…
Rethinking wealth beyond the hedonic treadmill
Have you ever found yourself daydreaming about a life free from financial worries; perhaps after imagining a big lotto win? It’s a common fantasy fuelled by the belief that happiness directly correlates with our financial achievements – the salaries we…
How to keep Easter spending in check
With Easter upon us, it's hard to ignore the colourful displays of chocolate eggs and bunny-shaped treats appearing earlier every year. But before you dive headfirst into the seasonal splurge, here are some tips to help you avoid overspending and…
You are screwing with my life !
“You are screwing with my life!” is not the best way to start any conversation, let alone one about money with your partner. Unfortunately, that is how a lot of conversations between partners end up, if one is feeling frustrated…
Navigating home ownership: A look here and abroad
A week or so ago, Interest.co.nz published the latest home affordability information (you can read the full article here). It’s great to see there is finally some good news for first home buyers it has been a long time coming. According…
I’m buying a new house for the dog!
“Sorry, did I hear you correctly, you are buying a new house for the dog, is it just for the dog, or are you planning to live there too? “Of course, I’m going to live there, we need more space,…
Are you part of the ‘loud budgeting’ trend?
According to a recent CNBC article, the theme for 2024 is ‘loud budgeting’. This has pushed aside the trend for ‘Quiet Luxury.’ Now, don’t get me wrong, the allure of luxury items and high living can still be enticing. Who doesn’t want…
Beware debt creep
We know how much our mortgage is, that’s the big one, and it’s the one that gets most of our attention. It’s a big number and is also a big chunk of our spending in terms of interest. As it’s…