Life-n-Loans Blog
Get Sorted: Your kid’s a whiz with money
Kids’ styles with money start early, and a new study shows key habits are already formed by age 7. Here’s how you can relate.
It’s all happening so fast. If there are kids in your life, you’ll know exactly what I mean – you just blink and suddenly they’re tweens going on 20.
Cambridge University and the UK Money Advice Service have just published a new joint study which shows that important money habits and attitudes get formed even earlier than previously thought – by age 7!
Can tech firms replace human financial advisers?…….NZ Herald
About two years ago, 29-year-old Samuel Dalsimer opened his first personal investment account.
The New York-based public relations manager initially considered traditional investment management services such as ING and Allied Bank, where he would have sought counsel from professional financial advisers. But many of his friends were using software applications – often called “robo-advisers” – designed to provide automated financial guidance.
Though he was wary of online banking – particularly when managed by small companies with whom he was unfamiliar – Dalsimer eventually signed up for Betterment, an online financial advisory service based in New York.
BNZ Weekly Overview….Tony Alexander
Welcome to the September 18 2014 BNZ Weekly Overview, attached.
The economy’s growth rate has hit a nine year high of 3.6% with construction playing a big role. But while this above average of 2.5% growth will eventually strain resources and push inflation up the pricing risks for now remain muted. Hence no further change in monetary policy until maybe March next year and borrowers for now have time on their hand to decide on fixing at a term of their preference.
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