Keep The Change

Credit card interest rates are increasing and the need for a credit card is too. This is a story about how you can avoid that and get on top of your credit card debt. A tale of a KTC Night School graduate who cleared 4 credit cards. Practical tips for you. Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subs...

Is ‘buy the dip’ too simple and too burnt into our brains? Perhaps we should think about taking profits too? Mikey and Luke sit down to explore this crashing market and think about some of the sayings we hear and whether we should hold hold hold and buy the dip? Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’r...

A recession, a slow down, a down turn, you can call it what you will but things are getting weird out there. We take you through a quick exercise to help you think about how you may want to show up during and after an economic downturn. Let’s make the most of this! Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure yo...

It has been a long time since we looked at the average Kiwi income, so this week I thought we would do that. With the minimum wage rising year after year, inflation baked in for 12 months now and people asking for pay rises, we’ve seen an increase in the average income in New Zealand. Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a pr...

Tune in to Mikey and Luke to unpack why you might want to consider starting a side hustle or business. They discuss increasing your income, the tax advantages and what you learn about yourself. Rip into it! Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed to Money Mail via Keethechange.co.nz to rec...

Remember from last week that the inflation target in New Zealand is between 1-3%. In the June quarter of 2021 it was 3.3%. Then to September 2021 it was 4.9% and, to December 2021 it was 5.9%. So whats up with blaming it on the war and international issues? Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re sub...

Mikey is in the studio to teach us whether people are still able to get a mortgage with all of the madness out there. We ask what people should be thinking about when assessing their own ability to service a mortgage and he gives us a simple calculation to think about. Listen and learn. Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a...

Mikey and Luke chew the fat for over an hour on what’s happening in the world and how that impacts finances. They get a little deep on some of the things they do to help protect themselves during tough times. There might be some gems in there for you as they both think harder times are coming. Get ready! Hey thanks for listening! Please take some form of action from this content, don’t just be a c...

This week, the Reserve Bank raised the Official Cash Rate by .5% to 2%. This is now a 6 year high for the OCR. We take a look at what it all means and get warned that this won't be the last increase we see in the OCR. Get learning how this impacts all of us. Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re su...

There is something in here for over 2 million Kiwis directly as this is the number of people estimated to be eligible for the $350 cost of living payment. Let's take a look at how this works and whether it's that exciting given higher taxes and inflation. Dig in! "Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you...

When I put together the 30 in 30 podcast series, one of the most mentioned podcasts was around investing in yourself. Investing in businesses and deals seems complicated. It is something that not all of us are familiar with, but I like to remind people to keep it simple. Start by investing in yourself. Hey, thanks for listening! Please take some form of action from this content, don’t just be a co...

Last week we learnt that in the United States their GDP growth for the first quarter was actually a drop of 1.4%. This wasn’t expected and the anticipation was that there would be 1% growth. People don’t like to see drops in quarterly GDP growth. It gets people talking about the R word. Recession! What about here in NZ? Hey thanks for listening! Please take some form of action from this content, d...

Whatever you invested your wealth in over the last couple of years, we are all in for a bumpy ole ride. A bumpy ride usually means we lose the odd person to car sickness, but together we make it to the other side. This is a chance to learn and to learn about ourselves. Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sur...

Lotto aye...the great gamble kiwis love to dabble in every week. So what are the chances of winning Powerball and is it better to guarantee we become a millionaire vs. hoping that a yellow ticket does the job for us? Let's have a fun look at Lotto. Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed t...

I was reading up about Kāinga Ora’s first home partner programme. To summarise it really quickly for you, Kāinga Ora (a govt department) have a first home partner offering that help you get into your first home. They do this by purchasing a percentage of the house you want to buy and you finance the rest with the bank. Let's learn how it works and where we can find more info. Hey thanks for listen...

Tune in to hear my thoughts about what to do when you're feeling stuck and how to find ideas. Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed to Money Mail via Keepthechange.co.nz to receive our weekly lesson on money and financial literacy. Stay close to us on social media and share this with som...

By now you have probably realised I consume a lot of content. Tune in to find out what mind blowing experts I listen to for education, inspiration and motivation. Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed to Money Mail via Keepthechange.co.nz to receive our weekly lesson on money and financi...

Listen in to find out about important books around financial literacy that could help you further educate yourself. These books have really helped my life i hope you get a lot out of them too. Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed to Money Mail via Keepthechange.co.nz to receive our week...

Part 2 - Thinking differently about your new financial year. Tune in to find out why if you only think about paying down debt you may still end up in debt. Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed to Money Mail via Keepthechange.co.nz to receive our weekly lesson on money and financial lite...

How can we achieve more than ever before? This starts by changing our thinking. Tune in to see how people are about to get pounded by things they can't control that will mean they focus on contracting rather than growing. Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed to Money Mail via Keepthecha...

100 not out!!! We made it to episode 100. Thanks for learning. Today we look at the cost of running Keep The Change for the last financial year. Do you think this is a profitable venture for me or an investment into other peoples education? Tune in to find out Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re...

Transaction accounts have increased in balance by around $25 billion since the start of the pandemic. Who has all of this cash and what are they planning on doing with it? For some of you who like to hustle, you have to understand that people are sitting on large amounts of cash that they can access (it’s not locked up in stock markets or term deposits, for instance). That means you can access it....

As I told you last week, it is nearly the end of the financial year and I recently realised that I will achieve one of the goals I set for myself when I quit my job. For the 2022FY I will pay the IRD more tax than what my entire salary was when I left my job. Who would want to pay more tax? Tune in and find out my crazy logic. Hey thanks for listening! Please take some form of action from this con...

As I told you last week, it is nearly the end of the financial year and I recently realised that I will achieve one of the goals I set for myself when I quit my job. For the 2022FY I will pay the IRD more tax than what my entire salary was when I left my job. Who would want to pay more tax? Tune in and find out my crazy logic. Hey thanks for listening! Please take some form of action from this con...

As I told you last week, it is nearly the end of the financial year and I recently realised that I will achieve one of the goals I set for myself when I quit my job. For the 2022FY I will pay the IRD more tax than what my entire salary was when I left my job. Who would want to pay more tax? Tune in and find out my crazy logic. Hey thanks for listening! Please take some form of action from this con...