It's No Secret

Today, we're discussing how to break up financially—not just with a significant other.

Breakups are challenging, and they aren't limited to romantic relationships. Whether you're parting ways with a service provider like a personal trainer or financial adviser, or even becoming financially independent from your parents, there are strategies to help ease the transition and handle the situation effectively.

Key Questions Discussed:

• How do you professionally end financial relationships with service providers?
• What steps should you take before making a financial break?
• What are your legal rights regarding relationship property in NZ?
• How can you prepare financially for a relationship separation?
• What common mistakes should you avoid during financial separations?
• How can you maintain financial independence in relationships?

Resources

• Learn more about Relationship Property here
• Independent UK Article
• Te Ara Ahunga Ora Retirement Commission

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 this episode, we tackle a crucial yet often-overlooked topic: what happens to your investments when you pass away? Understanding what happens to your assets is essential for ensuring your loved ones are taken care of and the outcome you intended is achieved.

Specifically, we chat about:

• What is the importance of having a will for your investments?
• We run through a scenario of what happens in default with your estate if you don't have a will in place
• Why it's important to seek legal advice from the specialists
• How you can ensure your investment wishes are honoured

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 this episode, we revisit the concept of diversification in investing. Understanding how to spread your investments is important, especially in helping manage risk. 

Specifically, we chat about:

• What is diversification and why is it important?
• How can you diversify your investments across asset classes, geography, sectors, and company sizes?
• How many stocks do you need to achieve effective diversification?
• How can you identify signs of under-diversification or over-diversification in your portfolio?
• What tips can help listeners effectively diversify their portfolios?

Resources mentioned

• What to consider when investing globally
• Portfolio Construction: Infrastructure vs Property vs Equities

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 the second part of our mortgage series, we dive deeper into the practical steps of purchasing your dream home. From assembling a reliable support team to finalizing your settlement, we've got you covered:

Specifically, we chat about:

• Who should be on your support team, and why are they essential to the home buying process?
• Why is building and contents insurance essential, and how early should you secure it?
• What is the importance of conducting property inspections before proceeding with an auction or offer?
• How can you effectively research a property, and what resources should you use?
• How do different methods of sale, such as auction, price by negotiation, and house & land package, impact your offer and purchase strategy?

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 this 2 part episode, we'll be chatting about the step by step on how to buy a house. 

Whether you're a first-time buyer or a seasoned pro, we outline the steps you'll need to take, including some tips to take to help make your house hunt easier both mentally and hopefully financially.

In this episode, we cover:

• When should you set your goal to buy a house, and is your timeline flexible?
• What is the ideal deposit amount you should aim for, and what are the implications of different percentages (20%, 10%, 5%)?
• What is LVR and how does it influence your borrowing capacity?
• How can online mortgage calculators assist in planning your budget and repayments?
• What role does your KiwiSaver fund play in buying your first home, and how can you maximize its benefits?
• How do loan approval processes differ when working with a mortgage broker vs going directly to a bank?

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 this episode, we're joined by an expert guest - Cam Irvine.

Cam brings extensive experience from the financial services industry, having worked for one of the most successful mutual fund managers in the US before becoming a highly qualified NZ financial planner.

Specializing in working with ex-pats and those with significant property-based wealth, Cam is a passionate advocate for data-driven investing.

Today, he's here to do a deep dive into index investing with a focus more on the psychology aspect. Specifically, we'll explore:

• Ingrained human behaviours that influence our investment decisions 
• Why people often overestimate their ability to outperform the market 
• The characteristics of the best and worst types of investors 
• Distinguishing between luck and skill in investing 
• How index investing frees up a crucial asset: time

Want to hear more from Cam? Check out their website here.

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 we’re back with another Money Moments episode, where we chat to real Kiwis about their experience with money.

In this episode, we’re back again in the hot seat to give you an update on what’s going on with our lives financially. Our last check-in was back in May - about 4 months ago so there is catching up to do. Let’s get stuck in!

Specifically, we discuss:

• Christine's recent horror Airbnb story 
• An update on Christine's recent exercise and health habits
• Why Cat is considering getting a financial adviser
• How Cat's European holiday went (including her review of Taylor Swift's concert)
• The dilemma of being open with money and how openness can deter people from sharing their stories

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 this week’s episode of Money Moments, we chat with Ravi Chand, Operations Manager at Lighthouse Financial. Ravi shares his money habits and the journey that got him to where he is today.

Specifically, we discuss:

• The money mindset(s) he uses daily to manage his lifestyle
• What money habits he’s proud of (and a few he’s embarrassed by)
• How he found a creative way to get on the property ladder with his first home
• What retirement looks like for him in the long 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

Today, we’re back with another Money Moments episode, where we chat with real Kiwis about their experiences with money. In the hot seat today is Sophie Hurley.

Sophie is a farmer, mum, and the founder of Honest Wolf, an ethical New Zealand luxury wool brand. Recently, she was honoured with the 2023 Supreme Award and Emerging Business Award at the Rural Women NZ Business Awards. She and her husband have also been featured on Country Calendar.

We dive into Sophie’s journey, exploring how she built Honest Wolf into the brand it is today.

In this episode, we cover:

• How her background in marketing and sales influenced the development of Honest Wolf.
• What inspired her to start Honest Wolf and how the brand has grown since its inception.
• How the declining price of wool has affected traditional wool farming.
• What factors she considered before opening a physical store in Hunterville, and how she manages its costs versus benefits.
• How she navigates the seasonal nature of fashion while maintaining Honest Wolf’s sustainability values.
• What strategies she has employed in pricing her products and managing manufacturing costs.
• Insights into her plans for international expansion, especially the move into the Australian market.

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 this week’s episode, we chat about something near and dear to many Kiwi investors—investment property!

When it comes to investing, many Kiwis often default to the dream of owning multiple properties with the hope of benefiting from capital gains and that sweet rental income. 

But are investment properties the only way to set ourselves up for financial success? More importantly, will this obsession with investment property continue given the current rules and regulations?

Tune in with Kernel founder and CE, Dean Anderson, as he answers this question and more!

In this episode, we discuss:

•  Why most Kiwis often default to investment properties as their primary investment
•  Whether we can expect investment properties to be as lucrative in the future as they once were
•  Alternative investment options available for those just out of reach of the property market
•  The pros and cons of alternative investment options

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