Money Made Simple Simplicity

In this episode, Jennie sits down with Simplicity superstar Sebastian Neubrandt to delve into the topic of kids and KiwiSaver. Should Kiwis under 18 have a KiwiSaver? What's the best time to set up an account? What are the key benefits and are there any disadvantages?

Jennie and Seb both admit that they don't have KiwiSaver set up for their own kids yet, but they're definitely considering it by the end of their conversation.
This episode covers:
The compelling reasons to consider signing your kids up for KiwiSaver, including jumpstarting their savings for a first home deposit or their retirement, and fostering good money habitsIf there's an ideal amount to invest. And whether it's better to invest a lump sum and leave it there to grow, or make small but regular payments over timeWho can contribute to your child's account (i.e. beyond parents/guardians - hello grandparents!!) and when they become eligible for employer and government contributionsThe cost of having a KiwiSaver account, and why you need to pay special attention to feesHow to set up an account for someone under 18, including what info and documents are neededIf the process of choosing the right fund type differs for childrenWhether KiwiSaver is the best way to save for your child's future, and what the other options are
Resources we mention in this episode:
We made our savings calculations on Sorted's saving calculator, using a projected return of 4.5% p.a which is based on government-mandated assumptions for a Growth Fund. More info here.
Sorted.org's KiwiSaver fund finder for fee comparisons
Simplicity's Fund selector tool to help choose the right fund for you
One we didn't mention but could be useful  when looking into KiwiSaver for your kids is Moneyhub -  KiwiSaver for kids: The definitive guide

Once you've listened to this episode, you'll know some of the pros and cons of setting up a KiwiSaver account for kids, and will hopefully have a much better idea if it's the right thing for you and your family.  If you're not a parent but have special children in your life, share this episode with their parents or guardians!
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Please help us share the good word (and make Kiwis richer and smarter with money) - the more we grow, the more good we can do %) Don't forget to follow, subscribe and rate the podcast if you found it useful!

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Disclaimer: This podcast contains personal opinions and is intended to provide educational information only. It doesn't relate to your particular financial situation or goals and is not financial advice or recommendations. Simplicity New Zealand Limited is the issuer of the Simplicity KiwiSaver scheme and investment funds. For product disclosure statements please visit Simplicity's website simplicity. kiwi.

Colin Magee from Catalist is back, baby! Last time he demystified stock exchanges with Liv, and in this episode of Money Made Simple he helps explains financial regulations to Jennie... Don't worry, it's more interesting than you may imagine! As an ex-lawyer and previous FMA exec, Colin is a fountain of knowledge on the topic and is here to explain the basics so you can feel confident in your investment decisions.

This week's episode covers:
The difference between licensed and regulated providers (and why it matters)The different rules and regulations covering banks, stock exchanges, managed fund providers, and individual financial advisorsHow and why there's actually a double layer of regulation on your KiwiSaver savingsWatch-outs when seeking financial advice (understand who's paying them!)Key things to look for in working out whether an investment opportunity is "safe"Resources we mention in this episode:
Sorted.org (the ol' fave for all things financial know-how!)
Colin's great blog on the benefits of a licensed stock exchange
The FMA website's range of regulatory resources

By the end of this episode, our aim is to help you understand that while ALL investing carries risk, comprehensive rules and regulations out there in NZ are in place to avoid what we could call "bad risk" - and let you get on with the business of making the right decisions for you!
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Please help us share the good word (and make Kiwis richer and smarter with money) - the more we grow, the more good we can do %) Don't forget to follow, subscribe and rate the podcast if you found it useful!

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Disclaimer: This podcast contains personal opinions and is intended to provide educational information only. It doesn't relate to your particular financial situation or goals and is not financial advice or recommendations. Simplicity New Zealand Limited is the issuer of the Simplicity KiwiSaver scheme and investment funds. For product disclosure statements please visit Simplicity's website simplicity. kiwi.

In this episode of Money Made Simple, Liv is joined by Simplicity's Deputy Head of Investor Services Emma Ryan to get the goss on why getting KiwiSaver government contributions is SUCH a no-brainer. (Caveat - that's if you're eligible!). This episode covers:
A quick explainer on the three main types of KiwiSaver contributions and how they all work togetherHow the KiwiSaver year works (and why it's relevant to getting your govt contributions!)The three main eligibility criteria you need to meet in order to qualify for receiving government contributions each year (side note - your eligibility could change!)The impact of government contributions over your working lifetime - you could be more than $90k richer (and that's not taking into account the personal contributions that you'll make alongside!)How government contributions work if you're partially eligible, or contribute less than the amount needed to get the maximum yearly amountHow to check - and rectify! - whether you've contributed enough each year to get the government contributionResources we mention in this episode:
- sorted.org
- IRD website KiwiSaver information (and MyIR)

By the end of this episode you'll be a total pro when it comes to government contributions - and you'll know how to make sure you get the best out of this priceless opportunity to get a 50% return on your KiwiSaver contributions (well, up to that first $1043 at least!).





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Please help us share the good word (and make Kiwis richer and smarter with money) - the more we grow, the more good we can do %) Don't forget to follow, subscribe and rate the podcast if you found it useful!

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Disclaimer: This podcast contains personal opinions and is intended to provide educational information only. It doesn't relate to your particular financial situation or goals and is not financial advice or recommendations. Simplicity New Zealand Limited is the issuer of the Simplicity KiwiSaver scheme and investment funds. For product disclosure statements please visit Simplicity's website simplicity. kiwi.

In this episode of Money Made Simple, we're stoked to invite our good friend Sarah, host of the OneUp Project podcast to chat all about the Digital Nomad Visa. Not familiar?! Listen in, and you will be in 20 minutes!! Sarah explains to us how this relatively new type of visa tends to work, and we discuss the financial/budgeting side of embarking on a "remote work trip of a lifetime".

This episode covers:
An intro to Sarah, her journey with OneUp and how she's got to this point where she's about to embark on her remote work tripHow digital nomad visas actually work, and what's required to get oneThe differences between the various countries that offer themHow to budget for a digital nomad visa (spoiler - it can really depend on where you decide to go!)The steps you need to go through to get a digital nomad visaHow you can effectively "win-win" when it comes to embarking on the adventure of a lifetime while still saving for your financial future (the 20 year holiday)Setting up your financial foundations - how Sarah sees KiwiSaver, investments and spending all fitting togetherWhether the remote working life is really the best thing for you - and if so, how to suss it out
Resources we mention in this episode:

Numbeo.com Cost of Living by country guide

By the end of this episode, we hope you'll be all over the digital nomad visa, whether it's actually right for you, and how to go about getting one if it ticks all your boxes! 
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Please help us share the good word (and make Kiwis richer and smarter with money) - the more we grow, the more good we can do %) Don't forget to follow, subscribe and rate the podcast if you found it useful!

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Facebook
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Disclaimer: This podcast contains personal opinions and is intended to provide educational information only. It doesn't relate to your particular financial situation or goals and is not financial advice or recommendations. Simplicity New Zealand Limited is the issuer of the Simplicity KiwiSaver scheme and investment funds. For product disclosure statements please visit Simplicity's website simplicity. kiwi.

In this episode of Money Made Simple, we're back on the topic of choosing the right KiwiSaver provider for YOU. In Part two of two, we look at a couple more factors to consider when choosing a KiwiSaver provider, some would say having saved the best for last.... Jennie and Liv talk about how you might like think about things like a provider's performance, fees and  the concept of value for money.

This episode covers:
Fund performance across (almost) all the different KiwiSaver providers - how to find an independent view of this, why it's important to look at the long-termConversely, why past performance isn't necessarily a reliable measure of how good a provider may beFees, fees, fees - why we think they're such an important factor in terms of long-term performance (everything in this world is connected, right!)What KiwiSaver provider fees actually cover, in case you were wonderingValue for money - what we think it means, and how you could consider this when choosing your providerResources we mention in this episode:

Sorted.org's Fund Finder Tool (our fave!)
Sorted.org Smart Investor Tool
Independent financial education website Moneyhub.co.nz
Blogger MoneyKing NZ

By the end of this episode (well two episodes, really!) we hope you'll have a pretty comprehensive view of all the different factors that can and potentially should influence your KiwiSaver decision making. Just a little time taken now could make a huge difference to your financial future - so go forth and conquer those decisions! We don't think you'll regret it %)
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Please help us share the good word (and make Kiwis richer and smarter with money) - the more we grow, the more good we can do %) Don't forget to follow, subscribe and rate the podcast if you found it useful!

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Disclaimer: This podcast contains personal opinions and is intended to provide educational information only. It doesn't relate to your particular financial situation or goals and is not financial advice or recommendations. Simplicity New Zealand Limited is the issuer of the Simplicity KiwiSaver scheme and investment funds. For product disclosure statements please visit Simplicity's website simplicity. kiwi.

After mastering the stock market in our last episode, we're going back to basics - how to choose a KiwiSaver provider. This is possibly one of the more important and long-term relationships you’ll have in your life - so you want to get it right!

Liv and Jennie discuss why you might want to switch, the key factors to consider when evaluating different providers, and the practical steps involved in making the switch. They had so much to say about this topic we've divided this episode into two parts.

In Part One we cover: 
Why choosing the right provider for you is important and worth thinking about.The jargon. What is a KiwiSaver scheme, a KiwiSaver plan, and KiwiSaver manager, a KiwiSaver provider, a default provider, an investment strategy, an offer?! We think understanding the lingo makes it much easier to make a decision.How to align your KiwiSaver with the things that matter most to you. Whether thats involves active management,  a provider that offers a lot of flexibility, or maybe you want something more hands-off, a set and forget approach.Additional factors such as ethical investing and whether investing locally is important to you.Communication and transparency.  What information is available to investors?  Do they have lots of channels of communication? How much transparency is there on investments?
By the end of this episode, you will understand why choosing the right KiwiSaver provider for you is such an important decision, and you'll be half way through our four things to consider. Don't forget to tune into to Part Two of this episode where we looks at our third and forth things to consider when choosing a KiwiSaver provider (Spoiler! They are long-term performance, plus fees and value for money). And we also walk you through the simple steps to switching   %)
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Please help us share the good word (and make Kiwis richer and smarter with money) - the more we grow, the more good we can do %) Don't forget to follow, subscribe and rate the podcast if you found it useful!

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Disclaimer: This podcast contains personal opinions and is intended to provide educational information only. It doesn't relate to your particular financial situation or goals and is not financial advice or recommendations. Simplicity New Zealand Limited is the issuer of the Simplicity KiwiSaver scheme and investment funds. For product disclosure statements please visit Simplicity's website simplicity. kiwi.
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Please help us share the good word (and make Kiwis richer and smarter with money) - the more we grow, the more good we can do %) Don't forget to follow, subscribe and rate the podcast if you found it useful!

Find us:
Instagram
Facebook
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Disclaimer: This podcast contains personal opinions and is intended to provide educational information only. It doesn't relate to your particular financial situation or goals and is not financial advice or recommendations. Simplicity New Zealand Limited is the issuer of the Simplicity KiwiSaver scheme and investment funds. For product disclosure statements please visit Simplicity's website simplicity. kiwi.