Today on the podcast we're back with another Money Moments episode with Cat & Christine. Money Moments is where we chat with real Kiwis about their journey with money. 

In our case, it's an update on what happened after the Christmas break, how our international trips went, and what we've been up to with our finances since then.

Specifically, we chat about: 

• What challenges we faced on our overseas trips and why we're even bigger fans of travel insurance
• Why Christine is thinking of selling her Kernel funds to invest in private equity
• What it's like for Cat to be back at work while balancing the mum life
• The steps were taking to regain control of our finances
• What our goals are for the short and medium-term

If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.

SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify

Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz

Disclaimer:
Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.

Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz

With the 2023 general elections right around the corner, now is a great time to take a moment and reflect on how any change in leadership or government might impact your financial stability.

Today we're looking at some key policies from a few political parties that could financially impact you if they are elected (or reelected).

In this episode we cover:

• Different policies that a few parties are offering, specifically ACT, National and Labour
• How these policies around economy, housing, tax, and welfare can impact your financial situation
• How policies can affect your job security, particularly based on where they choose to allocate their budget

If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.

SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify

Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz

Disclaimer:
Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.

Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz

With interest rates on the rise, many of you are feeling the pinch - especially those with a mortgage! So, what steps can you take to help deal with the extra interest payments? Tune in to see what you can do to cut costs and give yourself more flexibility in the short term.

In this episode we cover:

• Why extending your mortgage may be an option for you to consider, especially if you are well into your mortgage term
• The pros and cons of having a fixed rate vs a floating rate mortgage and how you can take advantage of each option
• Why paying interest only on your mortgage could be an option to consider to help you with flexibility in the short term
• Who you can go to for financial planning support i.e, your bank, friends and family, and community resources.

If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.

SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify

Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz

Disclaimer:
Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.

Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz

As the saying goes, "You have to spend money, to make money" but how much do you really have to spend, especially when it comes to investing? 

In New Zealand, there are costs that come with using investment platforms. More commonly, these include transaction fees and fund management fees, but what if we told you that there are a few more hidden costs that may fly under the radar? 

In this episode, we cover: 

• The costly inefficiencies that can come with ETF vs Index fund investing and how this eats into your returns
• The different kinds of fees can come with investing, including trading costs when investing in US shares such as W8-Ben filing fees
• How investing for your child using a PIE structured fund can help save you money

If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.

SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify

Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz

Disclaimer:
Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.

Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz

Where and how you decide to invest your money can be a big decision for many. So, it's important to consider all the factors that could affect the safety (or security) of your investments – including those in the fine print.

In this episode we cover:

• A few common investing myths when it comes to the security of your money. e.g., Can I trust that my money is safer with an older investment platform (since they've been around longer) vs a younger company? 
• Whether the investment or KiwiSaver provider you are invested with “steals” your money as the share markets go up and down
• How to find out if an investment platform/company is legitimate (inc. some handy resources from the FMA!)

If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.

SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify

Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz

Disclaimer:
Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.

Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz

In 2022 alone we’ve seen record interest rate rises, the highest rate of inflation in 30 years, house price declines, the threat of a looming recession and a number of global events that have added to the uncertainty.

The good news is that there is still an opportunity for you to grow your wealth in 2023 - if you know the habits that lead to long-term success. To help you on the journey, let’s take a look at what we can expect for the five big money trends of 2023.

In this episode, we cover: 

• Why cash is king when the cost of living is rising
• How shares aren't the only way to make money 
• The rise of sustainable investing I.e, Environmental, Sustainable and Governance (ESG)
• Why investors are keeping an eye out for Adrian Orr, the Governor of the Reserve Bank of New Zealand
• The importance of watching out for leverage

If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.

SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify

Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz

Disclaimer:
Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.

Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz

Are you nearing the stage of life where expanding your family is a focus or goal? 

In this episode, we cover: 

• Costs to consider when having kids, and whether these should inform your decision or not 
• Why you often have much longer to save for the expenses than you think 
• Whether the reality of the finances with having kids versus the idea of it are the same
• How Cat's finances have faired before and after having a child - did she stick to her budget or not? 
• Whether having kids can actually change your financial habits for the better, not worse 

If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.

SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify

Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz

Disclaimer:
Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.

Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz

For most Kiwis, withdrawing your KiwiSaver to purchase a first home is a no-brainer. In fact, NOT withdrawing it to do is likely more of a rarity. But is there an argument in favour of the former? Let's discuss. 

In this episode, we cover: 

• The impact of withdrawing your KiwiSaver balance to buy a first home (or not) 
• Whether Cat & Christine will be/have withdrawn theirs to purchase homes
• Outside of using your KiwiSaver balance, how else would you purchase a home? I.e. how do you have enough money to do so?!
• Why your first home is a lifestyle asset not an investment asset 

If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.

SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify

Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz

Disclaimer:
Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.

Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz

Feeling the holiday financial stress? You're not alone - a recent survey found that 60% of Kiwis are feeling stressed by the costs of Christmas. 

If you're wondering how much you should be spending on presents, you're in the right place. In this episode, we'll help you set a budget that works for you and your loved ones, and give you some ideas for finding affordable and meaningful gifts. 

From frugal options to creative ways to save, we've got you covered. So take a deep breath and let's tackle the holiday expenses together.

In this episode, we cover:

• How much Kiwis spend on Christmas gifts every year
• What you can do to reduce the cost of presents during Christmas
• A few different gift ideas that you can spend your time on instead of money

If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.

SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify

Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz

Disclaimer:
Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.

Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz

Today on the podcast we're back with another Money Moments episode with Cat & Christine. Money Moments is where we chat with real Kiwis about their journey with money. 

In our case, it's an update on what's been happening with our finances recently.  After a bit of a break, we share what we've been up to over the past 3-6 months with our moolah. 

Specifically, we chat about: 

• Why Christine increased her KiwiSaver contributions from 3 to 6% 
• How much Cat is spending on her upcoming trip to Europe 
• Regaining control of your finances, especially when everything feels loose
• Christine & Cat's short and medium-term goals 
• Cat starts investing for Lily and is back at work part-time

If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.

SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify

Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz

Disclaimer:
Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.

Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz