It's getting very tricky to pay back debt at the moment. Higher interest rates, higher cost of living and higher taxes. Say what? Yes, a lot of our living costs are soaked up by the lower tax brackets and then our incomes above $48,000 are taxed at 30%+. This means you have to make even more to then pay the tax and then clear the debt. Let's explore how the tax brackets not moving since 2010 has set things up to be very tricky when it comes to repaying debt!
Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed to Money Mail via Keepthechange.co.nz to receive our weekly lesson on money and financial literacy. Stay close to us on social media and share this with someone that you think this content will help. Together we can collectively improve the financial literacy of New Zealand - let’s get on with it. 
Find us here: @keepthechange_nz https://www.keepthechange.co.nz/ Hosted on Acast. See acast.com/privacy for more information.

Money Mail 203 - A Warning Before Taking On More Debt

Keep The Change - improving Kiwis financial literacy. Ever wanted to learn more about money, the economy, finances and how to have a better financial life? Now you can. This is one of New Zealand's leading financial learning podcasts. I (Luke) wanted to share insights from my life, my role as a Chartered Accountant with successful and failing clients as well as a look at all of the dumb sh!t I have done along the way too. There is also a read of the weekly 'Money Mail' lesson. Please take action :) You can subscribe to the weekly Money Mail lessons that come out at 9am every Friday. See Keepthechange.co.nz FOLLOW ►Instagram https://www.instagram.com/keepthechange_nz/Tik Tok + Facebook + LinkedInCheck Out My Accounting Practice: www.nextadvisory.nz Hosted on Acast. See acast.com/privacy for more information.

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This is a re-release of an earlier podcast that other listeners have found very useful.
There is a lot of chat these days about taxing the poor and calling people privileged, or talking down your success in fear of others having a go at you. Why do we feel so bad about doing well? We dig into this tricky topic.
Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed to Money Mail via Keepthechange.co.nz to receive our weekly lesson on money and financial literacy. Stay close to us on social media and share this with someone that you think this content will help. Together we can collectively improve the financial literacy of New Zealand - let’s get on with it. 
Find us here: @keepthechange_nz https://www.keepthechange.co.nz/ Hosted on Acast. See acast.com/privacy for more information.

ICYWL - Do You Deserve Your Success? Trigger Warning w Mikey Smith

In this episode I am again joined by my business partner Phil Smith from nextAdvisory.nz who has advised countless potential business buyers (and sellers) of what they need to think about before doing so. I ask your questions so that you can upskill even more. How to find a business you could buy? What is the main thing to look for in financial analysis? How to present yourself to the bank? Why buy a business instead of building from scratch?
And much, much more!
Want the checklist we mention? Grab it here: https://nextadvisory.kartra.com/page/ty-buyingabusiness Hosted on Acast. See acast.com/privacy for more information.

Your Questions Re Buying A Business w Phil Smith (nextAdvisory.nz)

Inflation is still here, and it’s been here for some time. You know that, I know that. Sure, it’s coming down and that’s better than it going up. But last week I read a survey where 89% of respondents were worried about inflation. So what can we do for ourselves over time to hedge against inflation? I know, and i'll tell you in here...
Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed to Money Mail via Keepthechange.co.nz to receive our weekly lesson on money and financial literacy. Stay close to us on social media and share this with someone that you think this content will help. Together we can collectively improve the financial literacy of New Zealand - let’s get on with it. 
Find us here: @keepthechange_nz https://www.keepthechange.co.nz/ Hosted on Acast. See acast.com/privacy for more information.

Money Mail 209 - The Ultimate Inflation Hedge

This is a re-release of an earlier podcast that other listeners have found very useful.
There has been a lot of chat around side hustles recently and in this podcast, we dive into whether it is worth the time investment and discover the big question of why, why would you have a side hustle?
Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed to Money Mail via Keepthechange.co.nz to receive our weekly lesson on money and financial literacy. Stay close to us on social media and share this with someone that you think this content will help. Together we can collectively improve the financial literacy of New Zealand - let’s get on with it. 
Find us here: @keepthechange_nz https://www.keepthechange.co.nz/ Hosted on Acast. See acast.com/privacy for more information.

ICYWL - Is A Side Hustle Worth The Time? w Mikey Smith

You asked for it so here it is. Ever wondered about buying a business? Here’s some of the basic! A heads up, it’s a foreign language when you get started but if you’re serious you’ve got to learn the language. There’s heaps of information out there so go on the journey. This will get you started! I am joined by my business partner Phil Smith from nextAdvisory.nz in this episode and I pick his brains because he’s advised countless potential business buyers (and sellers) of what they need to think about. Get stuck in.
Want the checklist? Grab it here: https://nextadvisory.kartra.com/page/ty-buyingabusiness Hosted on Acast. See acast.com/privacy for more information.

Money Mail 203 - A Warning Before Taking On More Debt

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