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Tag Archives: money

How to avoid supermarket rip-offs

Supermarkets are useful one-stop shops for a variety of goods. However, in case you weren’t already aware, the multi-billion-dollar NZ supermarket industry is dominated by two players, so we don’t have much choice when it comes to our weekly shop. The big two are: Woolworths New Zealand (owner of Countdown …

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New Zealand Superannuation – How to get it

New Zealand Superannuation (‘NZ Super’ or ‘pension’) is the government pension paid to Kiwis over the age of 65. Any eligible New Zealander receives NZ Super regardless of how much they earn through paid work, savings and investments, what other assets they own or what taxes they have paid. Who can get NZ …

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How the rich spend their money – and what you can learn from them

Ever wondered how the rich spend their money? Here at Milestone Direct, our advisers see such a wide range of people that we understand the spending habits of a wide range of New Zealanders – including the rich. To help you replicate the habits of the rich, here are seven …

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Five financial mistakes to avoid in your 60s

Regardless of your earlier financial choices, the financial decisions you make in your 60s will have a profound effect on the rest of your life. Our financial advisers, including me, are in a great position to see those who make some excellent decisions at this critical phase of life. Unfortunately, …

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The Bank of Mum and Dad

With banks operating stricter rules on lending, and property prices rising, many adult children have been leaning on the bank of mum and dad to give them a leg up on to the property market. So many, in fact, that the bank of mum and dad has been given an …

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Growing inequalities are disadvantaging older people

Health, income and education levels all contribute to the growing gap between the “top 10%” and the “bottom 10%” globally. Older people are not immune to the effects of this division. A study conducted by the Centre for Ageing Better found “shameful and stark” contrasts in people’s experiences of later life. This …

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