50% of New Zealand adults don't have a will(!) In this episode of Money Made Simple, Jennie invites Glenys Talivai, CEO of Public Trust, to tell us all about wills - why so many don't have them, why they're so very important, and how you go about making yours. Many people think everything will automatically go to their partner or next of kin when they die, but this is not always the case. This week's episode covers:

• What a will actually is, and a whole lot of stuff you could include beyond who gets the house - from your funeral wishes to who will look after your babies and fur babies
• Why having a will is so key for your nearest and dearest, at a time that can already be very stressful
• When in life you should start thinking about making your first will
• How you actually go about making a will, what are the options, who can help and importantly, how much does it cost?
• Some less obvious things to think about as you make, and update, your will

Resources we mention in this episode:
- Public Trust's guide to making a will


By the end of this episode, we hope that you (and Jennie!) can be confident that making a will doesn't have to be a hugely time consuming or expensive task, and you'll know how valuable it is to get done now (not later), for your own peace of mind and your family's.

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Please help us share the good word (and make Kiwis richer and smarter with money) - the more we grow, the more good we can do %) Don't forget to follow, subscribe and rate the podcast if you found it useful!

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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.

In this episode, Jennie sits down with Simplicity superstar Sebastian Neubrandt to delve into the topic of kids and KiwiSaver. Should Kiwis under 18 have a KiwiSaver? What's the best time to set up an account? What are the key benefits and are there any disadvantages?

Jennie and Seb both admit that they don't have KiwiSaver set up for their own kids yet, but they're definitely considering it by the end of their conversation.

This episode covers:

• The compelling reasons to consider signing your kids up for KiwiSaver, including jumpstarting their savings for a first home deposit or their retirement, and fostering good money habits
• If there's an ideal amount to invest. And whether it's better to invest a lump sum and leave it there to grow, or make small but regular payments over time
• Who can contribute to your child's account (i.e. beyond parents/guardians - hello grandparents!!) and when they become eligible for employer and government contributions
• The cost of having a KiwiSaver account, and why you need to pay special attention to fees
• How to set up an account for someone under 18, including what info and documents are needed
• If the process of choosing the right fund type differs for children
• Whether KiwiSaver is the best way to save for your child's future, and what the other options are

Resources we mention in this episode:
We made our savings calculations on Sorted's saving calculator, using a projected return of 4.5% p.a which is based on government-mandated assumptions for a Growth Fund. More info here.
Sorted.org's KiwiSaver fund finder for fee comparisons
Simplicity's Fund selector tool to help choose the right fund for you
One we didn't mention but could be useful when looking into KiwiSaver for your kids is Moneyhub - KiwiSaver for kids: The definitive guide

Once you've listened to this episode, you'll know some of the pros and cons of setting up a KiwiSaver account for kids, and will hopefully have a much better idea if it's the right thing for you and your family. If you're not a parent but have special children in your life, share this episode with their parents or guardians!

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Please help us share the good word (and make Kiwis richer and smarter with money) - the more we grow, the more good we can do %) Don't forget to follow, subscribe and rate the podcast if you found it useful!

Find us:
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Facebook
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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.

Colin Magee from Catalist is back, baby! Last time he demystified stock exchanges with Liv, and in this episode of Money Made Simple he helps explains financial regulations to Jennie... Don't worry, it's more interesting than you may imagine! As an ex-lawyer and previous FMA exec, Colin is a fountain of knowledge on the topic and is here to explain the basics so you can feel confident in your investment decisions.

This week's episode covers:

• The difference between licensed and regulated providers (and why it matters)
• The different rules and regulations covering banks, stock exchanges, managed fund providers, and individual financial advisors
• How and why there's actually a double layer of regulation on your KiwiSaver savings
• Watch-outs when seeking financial advice (understand who's paying them!)
• Key things to look for in working out whether an investment opportunity is "safe"

Resources we mention in this episode:
Sorted.org (the ol' fave for all things financial know-how!)
Colin's great blog on the benefits of a licensed stock exchange
The FMA website's range of regulatory resources

By the end of this episode, our aim is to help you understand that while ALL investing carries risk, comprehensive rules and regulations out there in NZ are in place to avoid what we could call "bad risk" - and let you get on with the business of making the right decisions for you!

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Please help us share the good word (and make Kiwis richer and smarter with money) - the more we grow, the more good we can do %) Don't forget to follow, subscribe and rate the podcast if you found it useful!

Find us:
Instagram
Facebook
LinkedIn

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.