Episode Description
In this episode of Money Made Simple, Jennie and Liv take on the top five money myths that keep holding Kiwis back from building financial confidence - and wealth! From saving when money is tight to whether credit cards are always “bad,” they tackle some of the most common misconceptions with real-life examples and practical advice you can actually use.
This episode covers:
- Why “I don’t earn enough to save” is almost never true
- The truth about credit cards: when they can be helpful, and when they become dangerous
- Why buying a house isn’t always better than renting, and how to think about what’s right for you
- Busting the belief that you need to be rich to invest (spoiler: you don’t!)
- How budgeting doesn’t kill your fun; it can actually make spending more enjoyable!
By the end of this episode, you’ll see that a lot of the financial “rules” we grew up hearing don’t stack up. We aim to provide you with a clearer view of how to make your money work better for you, no matter where you’re starting from.
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Disclaimer: This podcast contains personal opinions and is intended to provide educational information only. It doesn't relate to your particular financial situation or goals and is not financial advice or recommendations. Simplicity New Zealand Limited is the issuer of the Simplicity KiwiSaver scheme and investment funds. For product disclosure statements please visit Simplicity's website simplicity. kiwi.