Each week BusinessDesk and the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's whether you can still get ahead financially as a renter. Hosted by Frances Cook.

It's no secret New Zealanders love property, whether it's buying it for their own home, or as an investment. 

But is it the ticket to wealth? 

You'll often hear that renting is dead money, and that you shouldn't waste your time paying off someone else's mortgage.

That's not necessarily true - and there's been some number crunching to prove it. 

For the latest podcast, I talked to actuary Emma Vitz.

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