No Stupid Questions with Susan Edmunds

One of our listeners emailed us to say she was surprised to find out she was paying tax on her KiwiSaver account and horrified to realise she wasn't paying the right amount. She now owes money to the IRD. This week on No Stupid Questions with Susan Edmunds, we ask: what tax rate should you be paying on KiwiSaver, how will it affect your retirement savings, and is there a plan to amend the tax brackets?
In this episode, our experts ask questions about:
How will the tax I pay on KiwiSaver affect my retirement?
What is fiscal drag?
Should I keep contributing to KiwiSaver when my employer stops?
What impact will the New Zealand Super Fund have on the affordability of New Zealand superannuation costs??
Why is our wine and lamb cheaper in the UK than it is here?
If you have a money question you'd like Susan to answer, put it in an email or voice memo, then send it to questions@rnz.co.nz.

Go to this episode on rnz.co.nz for more details

It’s our 50th episode, and so this week on No Stupid Questions with Susan Edmunds, there’s a bit of a twist!
Normally, you send in your questions and we find experts to answer them. Instead, we’re asking the experts what important questions they reckon you should be thinking about.

In this episode, our experts ask questions about:
Is it possible to run out of money in retirement?
Should you contribute more to KiwiSaver?
Are there any real differences between KiwiSaver providers?
How do we solve New Zealand’s productivity problem?
Why is income protection insurance a tax deductible expense?
If you have a money question you'd like Susan to answer, put it in an email or voice memo, then send it to questions@rnz.co.nz.
Go to this episode on rnz.co.nz for more details

Every parent wants to help their kids with money stuff. And we know that some aren't able to. But for those who can, at what age does that responsibility end? Should you still support your kids through university, trades training and the like? What are the options out there, beyond the Bank of Mum and Dad?
In this episode, Susan answers questions about:
Student loan isn’t enough to cover hall of residence fees. Are there other options?
At what age can I stop paying for my kid?
How do I set up a financial gift to a child that isn’t mine?
Does it still make sense to sign kids up to KiwiSaver?
Credit card surcharges were to be stopped this year – what happened to that?
Do banks have to pass on the OCR basis increase to their customers?
If you have a money question you'd like Susan to answer, put it in an email or voice memo, then send it to questions@rnz.co.nz.
Go to this episode on rnz.co.nz for more details

If your employer doesn't contribute extra to your KiwiSaver, is there any point being in the scheme? It's a question that gets to the heart of what KiwiSaver is for, and whether some New Zealanders might be better off investing elsewhere.
In this episode, Susan answers questions about:
Whether KiwiSaver is worth it if you're on a total remuneration package
The pros and cons of investing outside KiwiSaver
Whether a 46-year-old is too old to switch to an aggressive KiwiSaver fund
What to consider when deciding whether to keep life insurance after 65
Whether a motel can charge a 3 percent surcharge on debit and credit card payments
Alternatives to using credit cards overseas, including Wise cards
If you have a money question you'd like Susan to answer, put it in an email or voice memo, then send it to questions@rnz.co.nz
Go to this episode on rnz.co.nz for more details

Say you can afford to pay off more than the minimum on your mortgage. Everyone says it's a good idea. But what's the best way to do it? Focus on one part of it, or spread it across the whole loan? Listen and find out in this week’s episode of No Stupid Questions with Susan Edmunds.
In this episode, Susan answers questions about:
What’s the best way to smash down my mortgage?
Is it a good idea to have your current account and savings account with different banks.?
What do I do in a dispute over the Consumer Guarantees Act?
Is there a limit to how much money I can put in my KiwiSaver?
If you have a money question you'd like Susan to answer, put it in an email or voice memo, then send it to questions@rnz.co.nz.
Go to this episode on rnz.co.nz for more details