Hello there money-chatting friends! In today's episode, we're answering the question of...
 
 I'VE STARTED INVESTING IN THE SHAREMARKETS, BUT NOW WHAT?

This episode we're here to level up your investment game. Investing jargon? We take it on. Diversification, come at us. Re-cap of maths class, stats galore, discussions around exit strategies. You name it, we cover it. 

What's in the episode?

In this episode, Cat and Christine dive into the details around creating an investment strategy that works for you. Now if you haven't listened to our Investing 101 episode - stop right now and go listen here. 

Specifically, we cover:

• How do you know when your investments should “level up”
• Whether we are actually good at picking stocks
• The distribution of stock market returns...say what now? 
• What diversification really means and how to achieve it
• What a core satellite investment strategy is
• How does your home fit into a core satellite strategy 
• How much diversification is too much diversification 
• Correlation - what is this with sharemarkets and how does it apply 
• How to not be overwhelmed with portfolio construction
• What about tax….
• Your investment time horizon (it's our favourite buzzword)
• Creating the illusive passive income
• How do investment properties fit into an equity market strategy
• What is an investment exit strategy
• When to not be greedy with sharemarkets

...And honestly, there's so much more goodness in there, so get listening now. 

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

Welcome to another bonus episode of It’s No Secret! Money Moments is where we chat to real Kiwis about their experience with money - the good, the bad and the hilarious. 

Today on the pod, we're joined by brothers Tom & Ben Grooten. The Grooten family has been a part of New Zealand's FMCG market over the last 40 years, founding and running Dad's Pies and The Baker's Son.

Tom and Ben, as General Manager and Sales Manager respectively, have had an active role in the company for over 8 years. With over 140 employees, the company and Grootens have achieved a lot for their community over last 40 years.

In this episode, we chat about: 

• Tom and Ben's personal money habits, 
• growing up as first generation New Zealanders, with two very Dutch parents,
• some of the challenges and successes in creating such a business,
• teaching kids about money and investing,
• continuing the legacy of a successful family business, 
• how they encourage and support their employee wellbeing,  
• their views on success and how this is reflected in much more than simply a balance sheet.

…and lots more good stuff. We hope you enjoy this conversation as much as we did! 

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

Hello there money-loving, fellow lockdown listeners! We're back, this time with a bonus episode as we find ourselves with some new found time on our hands.

In light of NZ's sudden lockdown, we thought it might be fun to jump on and share a few reminders of what you could be doing money-wise during lockdown. So, without further ado, this episode focuses on:

3 TIMELY MONEY REMINDERS DURING LOCKDOWN

Other than lots of tangents, laughs and lockdown recipes, during the episode we chat about: 
- How a financial check up can lead to cost-savings and a new found purpose for your money
- Why you're not going to be able to save yourself onto the property ladder...spolier alert: you need to be investing! 
- The realities of rising property prices, relative to increases in average NZ salaries 
- How turning random investing into an automated habit could be the key to your financial success (and the investing behaviour you pick up this lockdown!). 

...plus lots more where that came from!

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

Hello there money-chatting friends! In today's episode, we're answering the question of...
 
 WHY IS MONEY SUCH A DRIVING FACTOR OF OUR CAREER?

This is a BIG question to answer, and one that we think applies to everyone in some shape or form. Society tells us to chase our dreams, do what we love. Never work a day in our lives but also make sure you're financially independent, that you have enough money to retire with and oh don't forget to make something of yourself in the process. 

It also tells us that chasing money with our careers is 'money hungry' and but also make sure we're not doing a career that pays us nothing. So, which one is it? 

Let's dive in...

In this episode we cover: 

• The link between happiness, money and our career 
• Why happiness tends to diminish the more money we make
• How Australia and New Zealand compare to overseas countries in regards to optimal income levels
• Why not planning your career is so common (and so shocking!)
• What to consider when choosing your career - because there is so much more to it than just money!
• Why both Cat & Christine value purpose over money when it comes to their careers
• Tips for knowing your value and worth, negotiating your salary and more
• Tips for navigating your career and salary from Rosey Nathan, Senior Partner at Customise Talent Group and host of the Rosey on Recruitment & Career Podcast

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

Hello! In today's episode we are answering the question of...

WHAT SHOULD I BE DOING WITH MY MONEY IN MY 20s, 30s AND BEYOND?

The timeline of life (gah!) In your early 20s, you're starting your career, mid 20s, you're learning, late 20s you're gaining momentum and maybe starting to think about kids. 30 comes, you feel a bit old, the kid pressure continues, it's likely you're on the property ladder or if not then you're working towards it. Mid-late 30s might see you with kids, owning a home, feeling like that's where all your money is going. Sound kinda accurate, right?

Let's discuss.

In this episode we cover: 

• It's Money Week this week in NZ and do we have some information for you!
• How does your financial wellbeing score compare to that of the average Kiwi? We discuss the top 5 things to think about in your finances at any age 
• What common traits do those that score themselves as "secure" have in their personal finances 
• The one most effective behaviour you can implement in order to increase your financial wellbeing 
• How much you should have in an emergency account, thinking about retirement savings, investing outside of your home, and more!

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

Happy Tuesday Listeners! Welcome back to another bonus episode of It’s No Secret, we've missed you. Whilst Season 2 is not quite ready to launch, here's a cheeky Money Moments catch up with your co-hosts, Cat & Christine. 

Today on the podcast, we chat through what we've been up to since the end of Season 1 - including what we've been spending our money on, prioritising in our finances and general life lessons. 

In this episode, we chat about: 

• Christine's journey to becoming a first home owner (spoiler alert: it's ongoing)
• How Ollie & Christine are going with combining their finances
• Adjusting your expectations when it comes to property goals
• Cat & Luke's latest property project - was their DIY renovation a success?
• Thinking about a lump sum of money versus your cashflow
• Which money spreadsheets Cat is loving and hating
• Investing in yourself 
• The value and challenge with personal development 
• Deciding whether to spend money on your mental health 
• How life events can challenge your financial goals
• Gaining perspective over the last few months

…and lots more good stuff. 

We hope you enjoy this honest conversation between two money mates.

Content warning: In this episode we discuss mental health challenges, seeking professional help and dealing with miscarriage. Please take care in deciding whether this is the episode is appropriate for your current frame of mind.

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

Hello! In today's episode we are answering the question of...

DOES EVERY RELATIONSHIP NEED A CFO AND HOW DO YOU MERGE FINANCES WITH YOUR PARTNER?

Today's show is part two of our money and relationships roundtable, where we are joined by two guests, Ollie and Luke.  We've roped our significant others into the podcasting fold for a money and relationships tell all...now we're back with part 2! ⁠
⁠
In this episode we cover: 

• Setting goals as a couple⁠
• We each share our upcoming goals and how we got there⁠
• Whether there is a downside to being super ambitious
• When you should or shouldn’t deviate from your combined financial plan ⁠
• Do the spender and saver stereotypes in a relationship exist⁠
• Whether your financial behaviours  get better with the more money you earn 
• Frugality and cheapness - are they the same thing and what happens when you come from different angles?⁠⁠

We also put the boys on the spot with a deep dive into their money moments - the things they didn't do so well when managing money at a younger age, what they would have done differently and how perspectives have changed when managing money with their partners. 

This part-two of relationships & money deep dive is one not to miss! ⁠

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

Hello and welcome to another bonus episode of It’s No Secret. Money Moments is where we chat to real Kiwis about their experience with money - the good, the bad and the hilarious. 

Today on the pod, we’re joined by Jervis Koo. Jervis is the Digital Director of boutique agency, Unco, a Kernel investor and of course a friend. 

In this episode, Jervis shares how he went from rags to riches, literally. From blowing an inheritance from his father, to getting himself into debt, to know being all over his finances, Jervis has an interesting money story worth hearing about. 

In this episode, we chat about: 

• How he got out of debt and into investing 
• Why he’s ditched the 50/30/20 budgeting approached in place of a 30/30/30/10 one
• How his 6 pillar philosophy for life helped him realise he was spending too much time and energy on his finances
• Starting an investment club and how this improved his financial literacy
• Why he’s a fan of investing in passive investments, cryptocurrency, private equity and more

…and lots more good stuff. 

We hope you enjoy this conversation as much as we did! It’s a goodie. 

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

Hello! In today's episode we are answering the question of...

DOES EVERY RELATIONSHIP NEED A CFO AND HOW DO YOU MERGE FINANCES WITH YOUR PARTNER?

On today's show we are joined by two guests....drum roll please! Meet Ollie and Luke. The long-suffering partners of your two hosts who kindly agreed to share their experiences in this roundtable discussion about money and relationships.

This conversation is a little more casual than our usual episodes, as we share each persons perspective on their journey of combing their money with someone else. 

This is super important to start a conversation on because 1 in 5 people report relationship problems due to financial concerns, with the 18-34 age group reporting the highest degree of relationship strain due to money! 

So join in this roundtable discussion where we unpack...

In this episode we cover: 

• Whether your relationship needs a CFO
• How to decide who the best person for the CFO job is (without breaking up)
• When you need both people on board with a financial plan or budget and how to make that happen
• Getting your money values aligned and the problems you'll encounter if you don't
• Christine & Ollie share their decision and discussion around combining finances for the first time
• How to know whether you need a prenup and what even is being defacto?!
• How to not forgo your personal freedom whilst finding balance in managing your money together 
• Whether having security over your finances is the key to relationship calm

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

Hello! In today's episode we are answering the question of...

HOW QUICKLY CAN I GET TO BEING A MILLIONAIRE AND IS  THERE A DIFFERENCE BETWEEN BEING RICH AND BEING WEALTHY?

With the reality that many city dwellers (even first home buyers) having to pay upwards of a million dollars for a property, does that make us all millionaires? And why would we want to be a millionaire or even care? Is there a difference between being rich and being wealthy and how honest are we really with ourselves when it comes to admitting how 'rich' we want to be?

Sometimes a million dollars doesn't even sound like that much any more - but it absolutely is. Particularly when you put it in context of a few things....

Let's discuss.

In this episode we cover: 

• What is a net worth millionaire and how do we become one?!
• Is being seen as rich a negative and why do we feel we have to hide our wealth
• How do we pair this with also seeker greater things in life
• What to do when you are motivated by money and how to get your net worth tracking upwards! 
• Whether becoming a millionaire starts with budgeting 
• Lessons learnt from other net worth millionaires, including the true cost of a 'free cat'
• Is property or owning a business is the only way to grow your wealth, or are there other options out there....

If you're keen to check out more  head to https://itsnosecret.co.nz/12

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