Money Made Simple

In this rather lively episode of Money Made Simple, Jennie and Liv dive into our individual financial facepalms! We share the lessons we've learned since our early investing days, the hard way. Grab a cuppa and join us as we laugh (and maybe cry) about our top money blunders. And maybe you'll get the chance to turn our mistakes into your opportunities! This week's episode dives into:Liv's (drawn out) attempts to be a finance bro, playing the stockmarket (free guesses into how that went!)Jennie's first-hand experience of the dangers of treating loans like free money and the hangover of debt that followsThe KiwiSaver mishaps that taught them the importance of paying attention to where their money was going (and not trying to game it!)Liv's sometimes flawed journey into property investment, hoping for big gains and ending up with big lessons insteadJennie's lack of interest in investing, property and all things finance for a wee bit too long - and how that's impacted her wealthBy the end of this episode, you’ll not only get a hearty financial reality check but also feel a bit better knowing that everyone makes mistakes - even (or especially!) those of us who work in finance.  So tune in to turn our lessons into stepping stones for your own financial success. ---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: InstagramFacebookLinkedInDisclaimer: 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 kicks off a BRAND NEW podcast segment where we talk to real investors about their money journeys - the good, the bad and the ugly! Our very first investor guest is Te Wai Coulston, a long-standing member and huge advocate of Simplicity. Te Wai shares with us his personal finance experiences and insights, with plenty of learnings along the way. This episode covers:How Te Wai's family environment and early financial experiences shaped his approach to money - the nature vs nurture debate!His evolving strategy for achieving long-term financial stability and investing in line with personal values and goalsThe original foray into the world of investing (yes, trying to beat the market was a thing!) and how this approach has changed as he learnt more and had his epiphany momentsHow Te Wai discovered Simplicity, how he sees and treats his KiwiSaver in quite a unique way and how this has changed over timeTe Wai's future plans and strategies when it comes to housing, providing for his whanau and overseas travelThoughts around the role of KiwiSaver in NZ, and why we're not quite there yetThis episode provides a deep dive into a real investor's unique perspective. Tune in to get inspired and maybe even see some of your own experiences reflected in Te Wai's personal stories Keen to share your story?? We welcome members (and non-members) to come and be a guest on the MMS podcast! If you're keen to find out more, contact us via Instagram or email us [email protected] <3---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: InstagramFacebookLinkedInDisclaimer: 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, Jennie and Liv dive into the essentials of budgeting - exciting, we know! We discuss what a budget actually is in simple terms, how to get started, and different methods that can help you manage your money more effectively. This episode is packed with practical suggestions and tools to help you understand and implement budgeting in your daily life. This episode covers:Understanding what budgeting really entails — planning your income versus your expenditure to ensure financial stabilityDiscussing why budgeting is crucial for everyone, not just those struggling financially, by providing clarity and control over your financesVarious budgeting techniques like the 50/30/20 rule and the envelope system to find what might work best for your lifestyleA bunch of online tools and resources that can help streamline the budgeting process, from simple apps to comprehensive financial platforms.Tips on how to stick to your budget and adjust it to life’s unpredictable expenses and changes in income - we know that challenges pop up!Resources Mentioned in this Episode:- Sorted.org's Budgeting Tool: Helps users create detailed budgets to manage finances effectively.- PocketSmith: A budgeting tool that offers expense tracking and financial forecasting, integrating with your banking and KiwiSaver- Money Lover: A simple, free app for basic budgeting needs- MoneyHub: Provides reviews and educational content on various financial topics, including budgeting tools- YNAB: A great American website/app that provides a lot of video content to help motivate you around budgeting!By the end of this episode, you'll have a clearer understanding of how to approach budgeting in a way that suits your needs, and hopefully you'll be equipped with the specific tools and knowledge to get you on your journey! So tune in, learn a bit about the essentials, and share on if you find it useful %)---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: InstagramFacebookLinkedInDisclaimer: 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 special, slightly extended episode of Money Made Simple, Liv is joined by Shamubeel Eaqub, renowned Kiwi chief economist, for a deep dive into the current state and future of New Zealand's economy. This episode offers an insightful yet easy-to-understand breakdown of the drivers, challenges, potential solutions, and future projections that concern everyday Kiwi. This episode covers:An overview of the current economic landscape, and how it's been influenced by recent global disruptions including the pandemic and rising interest ratesHow key economic factors have impacted the job market and businesses (and what's likely to happen in the next 12 months around these)Explaining the ongoing issues with inflation, its impact on the cost of living, and how interest rates are used as a tool to manage themTrends we're seeing in the housing market, recent price changes, and what future movements might look likeHow long-term economic challenges like climate change, demographics, and the housing crisis will shape New Zealand's futureResources we mention in this episode:- Simplicity's website: Provides tools and information related to financial planning and KiwiSaver - https://simplicity.kiwi- Generation Rent: Shamubeel's book co-authored with his wife Selina, discussing the housing crisis and potential solutions. Available on all major book retail platforms.This episode not only tackles the current state of the economy but also provides a hopeful outlook on how New Zealand can navigate the major future challenges which are likely to come. Shamubeel is an absolute pro at that simplifying complex economic issues, making them accessible and understandable to all Kiwis. So tune in for a comprehensive yet simple look at the economy!---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: InstagramFacebookLinkedInDisclaimer: 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.