Simple Money NZ

Simple Money NZ
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Money, investing, personal finance, and fee-only, independent financial advice for Kiwis. Grounded in low-cost, automated, diversified, and simple investing strategies that work over decades, not days.

Episodes

  1. Aug 16

    Home Country Bias in New Zealand: Are You Over Invested in NZ?

    Investors everywhere tend to pile into their own country's shares, and Kiwis are no exception. In this episode, Spencer Reese explains home country bias, why it's a bigger risk than most Kiwis realise, and how cheap global index funds now make it easy to spread your bets across the world. We cover: What home country bias is, and how it shows up in Australia, the UK, Japan, Canada and New ZealandJust how small the NZX really is: about 0.1% of the global share market, sitting between Kuwait and Poland, and worth less than a single US company most people have never heard ofWhy the average Kiwi is already heavily exposed to New Zealand through their home, job, bank accounts and KiwiSaver, before they buy a single shareFour questions from InvestNow to gauge how much of your wealth is already tied to New ZealandWhat the last three years looked like: the NZX50 at 1.4% a year against 19% in the US, alongside falling house prices, flat wages and rising unemploymentWhy diversification is one of the only free lunches in investing, and how funds like the Foundation Series Hedged Total World Fund open up around 10,000 companies worldwideThe point isn't that there's anything wrong with New Zealand. It's that so much of your financial life already rides on one small economy, and global diversification is now cheap, simple and easy to access. Book a free 30-minute consultation at https://simplemoney.nz Spencer Reese is a fee-only financial adviser and the Financial Advice Provider for Simple Money NZ (FSP 1009459). Disclosure statement: https://simplemoney.nz/disclosurePrivacy policy: https://simplemoney.nz/privacy

  2. Aug 9

    How to Save $1 Million: The 3 Types of Financial Advisors You'll Meet in NZ

    The three ways New Zealand financial advisers get paid (and how one choice could cost you a million dollars) New Zealand financial advisers are paid in one of three ways: commission, assets under management (AUM), or fee only. In this episode, Spencer Reese from SimpleMoney.nz breaks down how each model works, where the incentives line up with your interests and where they don't, and why the difference can add up to hundreds of thousands of dollars over a lifetime. We cover: Why "free" advice usually isn't, and how commissions can steer you into products that pay the adviser rather than suit youThe AUM model: not as conflicted, just expensive, and why the advice rarely changes whether you bring $100k or $10mThe fee-only (advice-only) model, where you pay the adviser directly and nobody elseHow to check any adviser's compensation model in seconds using their disclosure statementA worked example: Dylan pays 1.25% a year, Danny pays a flat $300, and after 40 years of investing $750 a month they end up roughly $1m apartWhen an ongoing fee model can still make sense (for example, an elderly client in drawdown with no one to help manage the money)As John Bogle put it, performance comes and goes, but costs are forever. Book a free 30-minute consultation at https://simplemoney.nz Spencer Reese is a fee-only financial adviser and the Financial Advice Provider for Simple Money NZ (FSP 1009459). Disclosure statement: https://simplemoney.nz/disclosure

  3. Aug 3

    Pay Yourself First: The Simple Money Rule Kiwis Ignore

    Looking for an independent, fee-only financial planner?  → https://simplemoney.nz/ Spencer breaks down the deceptively simple but highly effective principle of “paying yourself first” and explains why it’s one of the most important behavioral shifts people can make with their finances. Drawing from the classic book The Richest Man in Babylon, Spencer challenges the common habit of saving whatever is left at the end of the month and instead advocates for automating savings and investments the moment income arrives. He explores the psychology behind money management, arguing that willpower and manual budgeting systems often fail because humans naturally spend what they see in their bank account. Using KiwiSaver as a familiar example, he outlines a practical framework for building automated savings habits, establishing an emergency fund, and investing through low-cost, diversified, index funds. Spencer emphasizes that successful financial systems are built less on perfect discipline and more on creating simple, automatic processes that remove friction and help people consistently build wealth over time. Key Takeaways: • Paying yourself first means saving or investing money before paying bills or spending on anything else. • Most people fail to save consistently because they wait to see what’s left over at the end of the month. • Behavioral finance matters because people naturally spend what they see available in their bank account. • People with irregular income can still use this method by immediately skimming a percentage off every payment received. • After building an emergency fund, additional savings can be directed into diversified investments. • Financial success is often less about complex budgeting and more about creating systems that work automatically in the background. Key Timestamps: (00:00) – Pay Yourself First (02:34) – How to Implement Paying Yourself First (04:12) – Common Objections More of Simple Money: Looking for a fee-only financial planner?  → https://simplemoney.nz/ Contact me at hello@simplemoney.nz Simple Money NZ is a personal podcast meant for education and entertainment. It should not be taken as financial advice, and is not prescriptive of your personal financial situation.

  • 3 Episodes

About

Money, investing, personal finance, and fee-only, independent financial advice for Kiwis. Grounded in low-cost, automated, diversified, and simple investing strategies that work over decades, not days.

Information

  • Creator
    Simple Money NZ
  • Years Active
    2026
  • Episodes
    3
  • Rating
    Clean
  • Copyright
    © Simple Money NZ
  • Show Website
    Simple Money NZ