A gambling bill which will change how the proceeds of gambling are managed and distributed is in the process of being debated. The Gambling (Gambling Harm Reduction) Amendment Bill will give councils the power to eliminate or reduce pokies at a venue if the public feels they are harmful, replace corporate societies that distribute proceeds with local committees and ensure that 80 per cent of gambling proceeds are returned to the local community.
Financial literacy for kids is something that Lucas Remmerswaal is very passionate about. A New Zealander, Lucas has written a series of books for children, based on the financial principles used by one of America’s most successful investors, Warren Buffett.
Creating a significant amount of wealth during your lifetime cannot be done by saving alone and usually requires the use of other people’s money. Borrowing money from others to invest in businesses and property is referred to as a leveraged investment strategy.
Financial advisers have traditionally received their income from upfront and ongoing trail commissions paid on insurance policies and investment products they have sold. These commissions, while paid by the product provider to the adviser, are funded from the profits made within the products. In effect, the owners of those products therefore pay, albeit indirectly.
People who consider themselves ordinary often wonder if it is possible to ever achieve the life of their dreams. Such people fail to understand two really important points. The first point, which almost goes without saying, is that ordinary people live ordinary lives, while extraordinary lives are lived by extraordinary people. The second point is that anybody, even ordinary people, can choose to be extraordinary.
Credit scoring is a widely accepted means internationally of assessing a person’s credit worthiness. It is used by lenders not only to assess whether lending should be approved but also what limit should be put on the amount of credit.
A common problem many families face is getting elderly parents to spend money on their personal health and welfare and on their accommodation. This can cause immense frustration and in extreme cases, a breakdown in family relationships.
Mind that Gap There are numerous examples of celebrity relationships with a large age gap between partners (Michael and Catherine, Woody and Soon-Yi, Calista and Harrison) and such relationships are increasingly common throughout society. The success of any relationship relies on good communication and negotiation of differences so the needs of both partners can be [...]
Think, Shrink, Grow Getting on top of your money issues will be a lot easier in future with the new look Sorted website. Sorted has built a huge following of people keen to make their money work better for them and is recognized internationally as being at the leading edge of resources to help improve [...]
A Budget for Baby One of the most significant financial decisions a young couple can make is when to start a family. Worries about money are one of the key reasons why couples delay having children. Being financially prepared for the first baby can help reduce the stress that sometimes comes with what should be [...]