Cooking the Books

Each week BusinessDesk and the NZ Herald’s Cooking the Books podcast tackles a different money problem. Today, it’s how to work out how much reliable income you can get from investments. Hosted by Frances Cook. One of my favourite money sayings is ‘every dollar you invest gets you closer to the day you don’t have to work anymore’. It’s no secret I’m a big fan of investing and the financial security it can bring by adding a stream of income that doesn’t rely on you heading off to work every day. But how much can you actually rely on it? How much do you need to invest before that trickle of income becomes a flood? We ran some numbers to test it.For the latest podcast I talked to Will Tieu from Goldsmith Mortgages, also known as Your Financial Engineer. If you have a question about this podcast, or a question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here, Instagram here, and Twitter here.See omnystudio.com/listener for privacy information.

Each week BusinessDesk and the NZ Herald’s Cooking the Books podcast tackles a different money problem. Today, it’s the strategies to use to improve your chances of getting a raise. Hosted by Frances Cook. It’s that time of year – the time when many people are getting their performance review. Which means it’s the perfect time to ask for a pay rise. Data from Seek shows that the top three reasons New Zealanders look for a new job are to get more money, progress their career, or find better work-life balance. Your performance review is the place to see whether you could get those things from your current job. But Seek data also shows that last year, 42 per cent of New Zealanders headed into their performance review unprepared. That’s a waste of a golden opportunity to make your working day work better for you. For the latest podcast I talked to Seek career expert Leah Lambert from Relaunch Me.If you have a question about this podcast, or a question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here, Instagram here, and Twitter here.See omnystudio.com/listener for privacy information.

Each week the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's keeping emotion in check to become a better investor. Hosted by Frances Cook. Emotions and money are like petrol and fire. Try not to mix them if you can, because it's likely you won't enjoy the result. So while I've loved seeing more people paying attention to their money in the last year, and particularly the fantastic surge in people who are interested in investing, I have found it worrying the emotions that are clearly also in the mix. Strategies abound for getting rich quickly, hyped stocks are spread through online forums, and for every overnight winner there are ten losers left in their wake, carrying the can. The reaction to this in some quarters has been for people to warn that the sharemarket is like a casino, and that if you dabble, you should prepare to get burned. Well that's just not true either. Shares are a proven wealth-building strategy, it's just that you do need a strategy as you get started. Getting your emotions under control is part of that strategy for every single one of us, whether that's greed, fear, or FOMO. In the latest podcast I talked to AUT senior lecturer in finance Dr Ayesha ScottIf you have a question about this podcast, or question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here https://www.facebook.com/FrancesCookJournalist/ Instagram here https://www.instagram.com/francescooknz/ and Twitter here https://twitter.com/FrancesCookSee omnystudio.com/listener for privacy information.