Banking & Insurance - April 16th What is the Deposit Compensation Scheme KEY POINTS: From July 1, the Deposit Compensation Scheme (DCS) will protect savers' money deposited in savings accounts with registered banks and licensed deposit takers in NZ. The DCS will cover up to $100,000 of …
Banking & Insurance - April 14th PIE Funds vs Term Deposits If you're considering placing a sum in a term deposit, you could maximise your returns by investing in a PIE fund instead. What is a PIE fund? PIE stands for Portfolio Investment Entity. It's a financial product …
Banking & Insurance - March 5th Best High Interest Savings Accounts in New Zealand What is a high interest savings account? High interest savings accounts typically offer higher rates of interest than traditional savings accounts. However, currently, such rates are not particularly high. The average rate of interest offered across high …
Budgeting & Saving Money - February 22nd 5 Common Money Mistakes We all make mistakes in life, but not all of them have the potential to hurt our hip pocket. We have identified five common money mistakes that could prove to be expensive. Canstar has crunched …
Savings Accounts - February 1st How to Save Money in NZ Best savings accounts Finding the right savings account for you can keep your hard earned money safe and even earn you more, through interest. The table below displays some of the regular saver accounts on our …
KiwiSaver Funds - January 30th Six Smart Money Moves to Make in 2024 Many people see the new year as an opportunity to make a fresh start. Fitness and finances are two areas that often feature on people’s New Year’s resolutions lists. If you want to take control …
Banking & Insurance - January 23rd School and Charity Donations Tax Refunds Which donations can I claim a tax refund for? In New Zealand, you can claim a tax credit for donations made to eligible charities and some schools. You can claim a tax refund for donations of …
Budgeting & Saving Money - January 11th What is F.I.R.E? What is FIRE? The F.I.R.E (Financial Independence, Retire Early) movement is a community of individuals dedicated to a strategy of intense saving and investing. The goal is to achieve financial independence, enabling them to retire much …
Budgeting & Saving Money - December 20th What is Rewardia.co.nz and is it Worth it? What is Rewardia.co.nz? Rewardia is an online GPT (get paid to) site which offers users the chance to earn points that can be exchanged for gift cards or cash. How to earn points with Rewardia.co.nz Users earn points …
Savings Accounts - December 10th Term Deposits: What is Laddering and How Does it Work What is laddering? Laddering is a strategy that involves an investor dividing their total investment sum and investing each part in separate term deposits with different maturity dates. Each deposit represents a "rung" on the ladder, …
