Hello and Happy Friyay! Here’s to a beautiful weekend full of lots of podcast listening. To kick the weekend off, we’re back with another Money Moments bonus episode; where we chat to real Kiwis about their experiences with money. 

Today we're joined by Armin Svoboda, Head of Digital at Kernel, and previous semi-professional rower.

From a young age, Armin has had a keen interest in business and finance, which was is what led him to start investing in the share markets, start a side hustle and dabble in crypto. 

In this episode, Armin shares: 

• How his father’s continuous prompting to read the business section of the news sparked his interest in finance and business 
• Why it’s so important to find a money partner in life
• What it’s like to combine finances in a relationship, especially when you’re bringing debt to the table
• How, as athletes, Armin and his fiancé managed to live off $20k per year
• How they manage their money using the Barefoot Investor’s bucket system 
• Why he chooses to invest in crypto with his “play money”
• The realities of owning a home in this current housing market, and why upsizing has led him to reflect on his initial property purchase

…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...

HOW MUCH FINANCIAL PLANNING IS TOO MUCH FINANCIAL PLANNING? 

We all have different levels of financial planning we like to do. Some like to get knee deep in the excel spreadsheets and others avoid it like the plague. So which one are you? And is there a balance we can strike between having clarity over our finances by planning, and over-planning then scaring ourselves out of ever looking at a spreadsheet again?

Let's discuss.

In this episode we cover: 

• How having clarity over our finances can benefit us in many aspects of our lives 
• Whether your money habits change the wealthier you become 
• What financial planning actually IS and whether it's something you can effectively do alone 
• The value of a good spreadsheet to crunch some numbers, and the downstairs of getting too involved
• The difference between day to day money management and financial planning
• Ideas to improve your financial planning skills 
• What a financial planner actually does, how you can find one, when you should consider using a financial adviser and how much you can expect to pay them

If you're keen to check out more  head to https://itsnosecret.co.nz/11

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

Hi friends, today on the show we are tackling part two of the question...

HOW, WHY AND WHEN SHOULD I START INVESTING IN THE SHARE MARKETS?

If you haven't listened to part 1 of this episode, stop and go back to listen now. In this episode Cat and Christine continue the conversation around getting started with investing, including how they both got started and what they're investing in now. Let's dive in.

What's in the episode?

This is part two of the 101 of investing in the share markets. We explain the what, why, where and the how…as well making a commitment to de-jargon any finance lingo that we come across during the discussion. 

Specifically, we cover:

• How much money you need to get started investing in shares
• How best to invest a lump sum
• Whether you need to have an auto-investment plan
• If paying yourself first is the key to financial success
• How to assess the performance of your portfolio and benchmark your success
• How Cat + Christine started investing and some of the mistakes they made along the way 

So whether you consider yourself a total investing newbie or a shares old-timer, grab a coffee, hit the gym or start your commute and enjoy today's discussion.

If you're keen to check out more  head to https://itsnosecret.co.nz/10

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 friday - we made it! And to kick off this weekend, welcome to another Money Moments bonus episode; where we chat to real Kiwis about their experiences with money.

Today we’re joined by Briony McKenzie, a Life and Business Coach, and the founder of Untapped. While supporting clients with their personal and professional development, Briony has also created a Money Mindset program and is particularly interested in the psychology of money.

In this episode Briony shares:

• How she had to learn it was okay to do something she loves AND make money for it 
• How her guaranteed pay check made her complacent with her money 
• Understanding your energy around money 
• Creating your financial security number and the difference between financial freedom and financial security. 
• How she learnt to "burn the boats and take the island"
• Taking the leap to move from being a corporate lawyer to starting her own business and how much financial security she needed to do this 
• Her investing journey, from starting small to working towards her FIRE number 
• Working with a financial adviser; how she found one and the positive outcomes it's provided

We hope you enjoy the 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

Hi friends, this episode is longer than usual but we promise it's worth it! Today on the show we are tackling the question...

HOW, WHY AND WHEN SHOULD I START INVESTING IN THE SHARE MARKETS?

With the recent rise of new investing platforms in both New Zealand and overseas, we're seeing more and more people starting to dip their toes in the share market waters and give investing a go. But how do you know a) where to start, b) why even start and c) how to start? Let's dive in.

What's in the episode?

Today we go through the 101 of investing in the share markets. We explain the what, why, where and the how…as well making a commitment to de-jargon any finance lingo that we come across during the discussion. Part 1 of a two part series because who knew investing chat could be so lengthy (we did). 

Specifically, we cover:

• What the share markets are and how they work
• Whether you should just invest in what you know...i.e. property and cash 
• The property vs shares debate with some great stats to sway you in either direction
• What a share market index is and how it came to life
• Why you should invest in the share markets, including all the pros and the cons 
• How to know when you're ready to start investing in the share markets 
• And when you are, the 4 key steps to actually get started investing in shares 
• Bonuses include: understanding the difference between an ETF and Index Fund and the difference in active and passive investment strategies 

Yikes - no wonder this one's a bit longer than usual. So friends, whether you consider yourself a total investing newbie or a shares old-timer, grab a coffee, hit the gym or start your commute and enjoy today's discussion. 

P.S - Part 2 coming soon...

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 DO YOU PLANS FOR AND THEN PAY A LARGE SHORT TERM EXPENSE?  

In your 20s, 30s and beyond it sometimes feels like you're in the height of adulting that comes with pretty lumpy costs - things like moving overseas, buying a car, looking after your health, getting pets, weddings, honeymoons....the list goes on!

Layered on top of this is often an element of time pressure - whether it's something of our own doing or one that society puts on us.

So today we'll be talking about how you not only plan and save for these expenses, but how you can prioritise and re-frame what's important so you can make it happen.

In this episode we cover: 

• The largest amount of cash we've ever spent on a personal expense!
• How we saved for those items...and in some cases didn't - eeek!
• What a sinking fund is and why it's the best way to save 
• Delayed gratification and how to prioritise 
• Learning to love what you spend money on and not being deterred by the views of others
• Spending money in line with your values 
• What to do when debt seems like the only way....after all, we are only human.

If you're keen to check out more  head to https://itsnosecret.co.nz/8

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 friday and welcome to another Money Moments bonus episode; where we chat to real Kiwis about their experiences with money.

Today we are joined by Kalé Emery, Co-Founder at The Money Men, mental wellbeing enthusiast and all round great bloke.  Kalé is not only an awesome financial adviser (which you'll be able to tell from this episode) but he also walks the walk in his own financial life.

In this episode Kalé shares:

• How growing up he learnt to save, but that's where his financial literacy education stopped
• How finding an inadvertent money mentor at a young age changed the course of his career and how he approached money
• Taking the plunge to start a business (twice!) and why he'd never go back to the 9 to 5.
• His regrets around investing and the beauty of hindsight
• Why buying a property was not the right choice for him 
• What to do when achieving your financial goals seems like climbing Mt Everest

We hope you enjoy the 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! In today's episode we are answering the question of...

IS STARTING A BUSINESS REALLY WORTH IT?

Every millennial these days wants to create a passive income and a side hustle. The idea of making money sounds attractive, but what is the reality that comes along with it? Starting a business is so much more than simply reserving a URL or an Instagram handle. Is it really worth all the time, stress and financial commitment? 

With the challenges of the last year, 2020 has shown us that life is too short to live in your day job if you’re unhappy. But how do you decide whether to pursue an idea and take the leap into becoming a business owner?

In this episode we cover: 

• Side hustle vs serious venture - what's the difference?  
• The average age of a successful entrepreneur 
• Recognising what your skill set is and that not all of us are destined to be founders!
• How you can be involved in a business in other ways - both financially and with your time
• There's power in being successful in your 9-5 and other ways you can benefit from a business' success
• What is an employee share options plan, negotiating other benefits and joining businesses you believe in
• Re-framing business failures in other ways and the key take aways we've learnt

If you're keen to check out more, or see the resources discussed in this episode, head to https://itsnosecret.co.nz/7

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 show we are tackling the question of:

HOW MUCH DEBT IS TOO MUCH DEBT?

Welcome to the debt life, we love it here. Just kidding - sometimes we do and sometimes we don't, it really depends on what debt we're talking about and when you asked us.

Most of us would know, not all debt is created equal - there are good debts and bad debts. But how do we know whether the amount of debt we have is okay, or way too high? Cat and Christine share some stories (as always) and discuss all the things they love about the debt life. 

In this episode we cover: 

• What exactly are  good debts and bad debts
• Being realistic with your debt levels when buying your first home
• Whether being debt-free really is the key to financial success
• The waterfall debt payment method, offset accounts and doing more with your money 
• The trouble with instagram and comparing debt-free journeys 

If you're keen to check out more, or see the resources discussed in this episode, head to https://itsnosecret.co.nz/6

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 are tackling the question of:

DO YOU ACTUALLY NEED TO START PLANNING RETIREMENT WHEN YOU'RE IN YOUR 20s & 30s?!

Retirement. A far-away idea, but one that's most likely going to be a reality for us all. If you're in your 20s or 30s, the question of whether you're going to have enough money to retire with has probably crossed your mind. Buuut it might not have been important enough to kick you into action.

So, what to do? Is our retirement actually something we need to be thinking about now, given its 30+ years away? Let's discuss!

In this episode we cover: 

• Whether it's important to be thinking about and actively working towards your retirement from a young age
• How to figure out your magic retirement number – using two different methods
• How much money Cat & Christine hope to have to retire with, and why
• How much you may need in retirement based on a HEAP of data
• Why relying on your mortgage to pay fund your retirement might not be the best strategy to retire comfortably

If you're keen to check out more, or see the resources discussed in this episode, head to https://itsnosecret.co.nz/5

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