300 episodes

Each week the New Zealand Herald and BusinessDesk's Cooking the Books tackles a different money problem. Hosted by Frances Cook.

Cooking the Books with Frances Cook The New Zealand Herald

    • Business
    • 4.7 • 214 Ratings

Each week the New Zealand Herald and BusinessDesk's Cooking the Books tackles a different money problem. Hosted by Frances Cook.

    What are the best options for DIY NZ share investors in 2023?

    What are the best options for DIY NZ share investors in 2023?

    Each week BusinessDesk and the NZ Herald’s Cooking the Books podcast tackles a different money problem. Today, it’s how to figure out which online platform to invest through. Hosted by Frances Cook.

    The last couple of years has seen a boom in DIY shares investors dabbling in the market.

    One reason is the increased information out there, and people understanding that they need to invest their money in order to get ahead.

    But another key reason is the growth in new, online platforms that let you invest with whatever small change you have at the end of the week.

    That’s been a gamechanger, letting the little guy get in on the game and start building wealth.

    But there’s been a change recently. Both Sharesies and Stake, typically the hero of those small time investors, have announced a big change on the fees they charge.

    Now anyone who’s read my books knows where I’m going with this – fees are a big deal. Many people will ignore them, but they’re a hidden way to lose a lot of money when you’re investing, so you’ve got to keep an eye on them.

    So seeing as those all-important fees are changing, it’s time to take stock.

    What platforms are out there, and what do you need to know to pick the best one for you?

    For the latest podcast, I talked to Chris Walsh from Money Hub.

    If you have a question about this podcast, or a question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here, Instagram here, and Twitter here.
    See omnystudio.com/listener for privacy information.

    • 44 min
    Why bonds are the underrated investment you didn’t know you needed

    Why bonds are the underrated investment you didn’t know you needed

    Each week BusinessDesk and the NZ Herald’s Cooking the Books podcast tackles a different money problem. Today, it’s why bonds are the most attractive they’ve been in years. Hosted by Frances Cook.

    While interest rates going up can hurt our money in a lot of ways, there’s a silver lining.Certain investments, like bonds, start to make much more money.So what are bonds, and why haven’t we talked about them as much on this podcast before?Well, it’s almost like you’re becoming a lender, or a bank. Your investment money is given as a loan to a government, or business, and they use it to expand or invest into new projects.Just like a credit card, there’s an agreed interest rate that they’ll pay you back at, and a set date by which they have to give you back all of your money.Because it relies on interest, well, they weren’t very fun or rewarding in the previous low-interest rate environment.But they’re looking pretty good about now, or at least, some of them are.For the latest podcast I talked to David McLeish, head of fixed income for Fisher Funds Management.

    If you have a question about this podcast, or a question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here, Instagram here, and Twitter here.
    See omnystudio.com/listener for privacy information.

    • 43 min
    How one woman saved 50% of her income to fund a career change

    How one woman saved 50% of her income to fund a career change

    Each week BusinessDesk and the NZ Herald’s Cooking the Books podcast tackles a different money problem. Today, it’s how one New Zealander used financial independence to fund a career change. Hosted by Frances Cook.

    We often talk about financial independence in terms of its most famous acronym, FIRE, for Financial Independence, Retire Early. 

    But many people chasing financial independence aren’t actually interested in retirement. They’re instead after the financial security that allows them to make whatever career choice is best for them. 

    Hopes and dreams are all well and good, but unfortunately, it often takes money to fund them. 

    Many of us would be interested in starting our own business or going after a career change, but the reality is, it’s hard to make that leap without some financial security behind you. 

    Today’s guest knows all about that. 

    She went from spending everything she earned, to saving 50% of her income, within a year. 

    She then used that to reconsider her career options, start a side hustle, and then dove in to turn that side hustle into her own business. 

    Here’s how she made it work. 

    For the latest podcast, I talked to Christel Maurer, from The Money Journey.

    If you have a question about this podcast, or a question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here, Instagram here, and Twitter here.

     
    See omnystudio.com/listener for privacy information.

    • 35 min
    The reality behind the digital nomad lifestyle

    The reality behind the digital nomad lifestyle

    Each week BusinessDesk and the NZ Herald’s Cooking the Books podcast tackles a different money problem. Today, it’s the true good, bad, and ugly of digital nomad life. Hosted by Frances Cook.

    I’m sure we’ve all considered it at some point – whether we could chuck in the office job, and go make a life on the beach somewhere, maybe getting in some freelance work from a laptop to make sure the pina coladas keep flowing.

    And there’s plenty of glossy Instagram content urging you to do exactly that.

    To go travel while you can, become a digital nomad, live the best of both worlds by travelling and working at the same time.

    It’s hard to know what the reality is behind the scenes though, because not many people want to admit if they give it a crack, and then find it really hard.

    Luckily, I’ve found someone who’s actually willing to share with us, the good, the bad, and the ugly of what it’s actually like.

    For the latest podcast I talked to Sarah Kelsey from The OneUp Project.

    If you have a question about this podcast, or a question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here, Instagram here, and Twitter here.
    See omnystudio.com/listener for privacy information.

    • 41 min
    How to watch your pennies in 2023

    How to watch your pennies in 2023

    Each week BusinessDesk and the NZ Herald’s Cooking the Books podcast tackles a different money problem. Today, it’s what to expect from the year ahead, and how you can prepare your money for it. Hosted by Frances Cook.

    A new year often means it’s time to take stock, take a beat, and think about what’s next.

    If you’re doing that this year, it might make you wince a little.

    The headlines have been grim lately, with recessions predicted here and around the world, house prices and share prices bouncing around in an unsettling way, the cost of living up, and interest rates increasing.

    It’s not all doom and gloom but it can certainly feel that way sometimes.

    There are still opportunities, you just need to know where to look.

    Even when there is bad news, often the trick is to make sure that you’re well prepared, and then you can ride out the storm a little easier.

    So I’ve pulled in a couple of my colleagues to make sense of it all, find the opportunities, and help us batten down the hatches.

    For the latest podcast I talked to Pattrick Smellie, managing editor of BusinessDesk, and Tamsyn Parker, personal finance editor for the New Zealand Herald.

    If you have a question about this podcast, or a question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here, Instagram here, and Twitter here.
    See omnystudio.com/listener for privacy information.

    • 28 min
    How to invest in real estate for $5

    How to invest in real estate for $5

    Each week BusinessDesk and the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's how to get started in real estate investing when you don't have much spare cash. Hosted by Frances Cook.

    We all know that New Zealanders have a mild property investment obsession. For decades now, it’s been one of the favourite ways for kiwis to build their wealth.

    But as prices went up, fewer and fewer people found property investment to be a realistic option for them.

    When you need tens of thousands, or even hundreds of thousands of dollars, just to get started, well, that’s a pretty big ask.

    So what if you could get into property investment for just $5?

    Even better,what if it’s not just the standard residential property options that most New Zealanders opt for, but getting into the commercial or industrial property investments that can take more expertise to get right?

    Well, you can.

    There are property funds that are listed on the sharemarket, that let you get into property investment for less money upfront, and also less day-to-day management from you.

    For the latest podcast, I talked to Leighton Roberts, founder and one of the 3EOs of Sharesies. 

    If you have a question about this podcast, or a question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here, Instagram here, and Twitter here.
    See omnystudio.com/listener for privacy information.

    • 35 min

Customer Reviews

4.7 out of 5
214 Ratings

214 Ratings

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Merging

When the happy saver is interviewed by Frances on cooking the books you have found financial education heaven

whyrallthenicknamestak3n ,

A good listen

Warm and well informed presenter, who knows how to conduct an interview (unlike 95% of podcasters) Great topics for people wanting to have a better understanding of their money. Easy, informal language for those who are not finance experts.

Manfred Dangelmeier ,

Down to earth and informative

Covers important and sometimes complex topics using vocabulary everyone can understand.

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