Articles

How to save 40% on your house

  • Mike Columbus
  • 18th of July 2017
  • debt reduction
  • finances
  • home loan structure
save 40%

The real cost of owning a house, for most of us, is the cost of funding it.  Let’s assume you buy a $500,000 house and borrow $420,000 as a mortgage. This $420,000 would cost $486000 in interest over a 30 year term (assuming 6% interest rate). However over an 18 year term the interest cost…

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50 ideas to keep the kids amused without breaking the bank

  • Emily Doran
  • 11th of July 2017
  • holidays
  • kids
things to do with kids NZHL

School holidays, you either love ’em or hate ’em and more often than not it’s a bit of both on any given day or hour. If you’re looking for things to do with the kids these holidays here is a brain dump of ideas of things you could do: Go to your favourite playground Go…

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Teaching kids about money

  • Emily Doran
  • 10th of July 2017
  • kids
  • saving money
  • want vs need
Teaching kids about money NZHL

As a parent the things that you worry about are infinite, literally. Now that my daughter is starting to get a little older one of the many things I have started ‘thinking’ about (aka worrying about) is teaching her about money. Arguably the difference between being good with money and being awful with money will…

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The questions that get asked vs the questions needed to be asked

  • Mike Columbus
  • 10th of July 2017
  • debt reduction
  • structure

If you are looking to purchase a house and sit down with your lender/broker the conversation tends often comprises the following: Purchaser: “How much can I borrow?” lender – “according to our calculator you can borrow  $X based on your incomes, ages, other debt and commmitments”. What may or may not be established is that…

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