Keep The Change

We talk with a Keep The Change reader about their forms of debt and how they got into them. We go through some practical ways we could get back in control of this and make some suggestions of how we could do this faster. Tune in as there will be thousands of people in a similar situation. Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become...

Coming to you on this beautiful Level 3 Friday during mental health awareness week. Surely we’ve all had that feeling at some point in our lives where we just think all of the solutions seem too practical & they are going to take too long. It stops us from even starting. What’s the point? Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, bec...

There were huge concerns that an Evergrande property bust in China could cause a worldwide ripple impacting all markets. This has been brewing for months, and really for those researching close enough, years. This is often how these big shocks sneak up on us. We aren’t awake to the fact that risk is just around the corner. We are busy doing our day-to-day lives and all of a sudden it seems to just...

It is estimated that roughly one billion dollars of unclaimed charitable donation rebates are sitting waiting for New Zealanders to claim them. We can all claim back 33.33% of the donations that we make This podcast will give you a good solid understanding of how donations (and claiming them) work in New Zealand under our tax rules. "Hey thanks for listening! Please take some form of action from t...

We are going to look at some questions that came in via Instagram today and before answering them we are going to explore how we’ve been taught to ask THE WRONG questions. This stops us from taking action. Clean your brain up with this lesson. 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 Mon...

Recently, we looked at who the Reserve Bank are and this week we are going to look at one of the levers that they pull. Well, the Official Cash Rate or OCR is the interest rate set by the Reserve Bank. It is a lever they pull to support ‘maximum sustainable employment’ and ‘price stability over the medium term’. Hey thanks for listening! Please take some form of action from this content, don’t jus...

Us Kiwis love cars. I get it, I've had a few over the years. Usually I've not paid for these upfront either. I have used finance to buy them. Many of us use debt to get into a new vehicle. We look at the things we need to be careful of when borrowing for a vehicle. "Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure y...

The Reserve Bank Of New Zealand. Who the hell are they? Their name suggests that they are the TJ Perenara of Halfbacks in New Zealand. Ready to step in off the bench if ya Westpacs, ASB’s, ANZ’s, Kiwibanks, BNZ’s, Heartlands all get injured. Although they do provide these banks with some support when things get dicey, they are also in charge of monitoring and supervising the registered banks. Hey...

Mikey joins me to discuss the concept of breaking the cycle, making your own choices and getting outside of 'the system'. Taking responsibility for your financial situation. Thought provoking stuff that certainly isn't for everyone. PLEASE remember to always start with what YOU want from life. Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, be...

In this episode we are going to look at low interest rates (we first looked at this in week 3). Well, what’s the big problem with low interest rates? Often they excite people as debt becomes cheaper and we love debt. BUT they aren't always exciting for people with cash or assets - find out why in this episode. Hey thanks for listening! Please take some form of action from this content, don’t just...

Luke & Mikey sit down to answer the common questions of who we used to buy crypto currency’s and how you store it. Then we go deep into why we bought 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 Keepthechange.co.nz to receive our weekly lesson on money and financial li...

We all get stuck in money ruts along the way. The key is to see it for what it is and then put it into perspective - is this a temporary rut or an on-going one that can be solved? We explore different opinions from the Keep The Change community who went through the Five Figure Formula methodology. Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer...

Imagine thinking it takes a lifetime to pay off and house and then doing it in your twenties? Doing things that we think are near on impossible can be confusing. Sometimes we have to get rid of the old lessons that we now realise aren't true. We dig into this DEEPLY on this lesson. Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a produ...

The net worth of Kiwi households increased by around $417 billion in the 12 months to March 2021 🏡 (houses anyone?). This increase is nearly as much as the increase of the four previous years combined. We take a look at what this means for us and what we need to be doing for ourselves. Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a...

One year on from setting up a little share portfolio for my nephew and its time to reinvest. Tune in to find out how far ahead he is from his initial investment and what I choose to invest into this year for him. We re-think gifts on this episode. 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...

We look at how a rental property made more than 98% Kiwis in one year and no one has even lived in it yet. Crazy right. Then we dive into the tax on this for the owner and how they might legally avoid it by borrowing against it over time. A VERY informative lesson. 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...

Labour is at an all time shortage - we don't mean the political party either, we mean the supply of people who want to work. That means you need to know how you fit into your working environment and whether you are getting paid what the market now values to be worth. Don't get caught behind. Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, beco...

Sending 'those' pics...what a way to make a living. BUT people are and all power to them. You do you. We then look at the worlds latest richest person. Who are they and how are they using scalability to achieve their financial success. Find us here: @keepthechange_nz https://www.keepthechange.co.nz/ Hosted on Acast. See acast.com/privacy for more information.

Do your peers earn the same as you? How does that happen. People often say we are the sum of the 5 people we spend the most time with. We need to be careful of the environments we spend time in and how these impact our finances. How you can use social media to surround yourself with great minds. Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer,...

New Zealand has a new tax bracket. Income over $180,000 will now be taxed at 39%. In this episode we work through some examples and explain how if you have side hustle income or extra income from selling crypto/houses, you might want to be mindful 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 you’re subs...

Is your closed mindedness stopping you from learning? We dig into the ability to stay neutral and not be triggered by things that we may not necessarily agree with. 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 finan...

Is it the green one? In this episode we talk about 'self tax' and what that is. Paying money for things that you don't necessarily need but are happy to pay for - like the Koru lounge. 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 lesso...

Tax deductible expenses for people who spend money on counselling, health and learning...wouldn't that be great? We look at the Government budget, what it's biggest cost is and how it could be done differently one day...hopefully 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 Ke...

This week we look at some of the hidden costs when it comes to home ownership. So that we can be on the front foot and provide for those inevitable expenses that owning a home bring into our life. 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...

We made it...a whole year of Money Mail. When starting Money Mail, I didn't want it to be a flash in the pan so committed to a year of content before starting. We discuss how consistency can help us become better at a number of areas of our life. 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...