Blog entries tagged 'Finance'

Budgeting for the New Year!

Ruth

Merry Christmas slynkey girls! I know you don’t have to tell me you have overspent and your New Year’s resolution will be to never do this again! Well lucky you, I am here to help so let’s get budgeting!

Start off with a worksheet. They are readily available. Go to www.sorted.org.nz or call me on 0800 64MONEY to get one. The budget worksheet will give you a snapshot of where your money is going; with that knowledge you can start paying off debts or even [...]

Money Clubs - The way out of debt!

Ruth

Well synkey girls we are, I think, out of the eye of the storm in regards to the financial crisis. Now that money, investment and debt has your attention perhaps you should examine your own financial situation.

I suggest this because we see headlines saying that capitalism is to blame for the doom and gloom and the large [...]

Reduce your risk in these hard economic times!

Ruth

Well slynkey girls there is no way you can have missed the financial gloom and doom in the headlines, on the radio and on TV. You know (because you are smart) that every part of your financial life involves risk of some sort. The risk of a downtown may see you lose your job, risk in your investments or superannuation, risk that you may become s [...]

Love your money!

Ruth

There is an old saying I am sure you have heard before; “the love of money is the root of evil.” You won’t be surprised to know slynkey girls that I totally disagree with this. I think you should invest as much love, time and devotion in your financial life as you do in your personal relationships.

Rubbish, I [...]

Keep your shopping addiction in check!

Ruth

“I can resist anything except temptation,” said Mae West. Do you have this problem Slynkey girls? And the world is sure full of temptation when it comes to shopping.

You probably think of your shopping centre as the nearest mall, it is in fact your brain. The rush that you get from shopping occurs in the brain. When [...]

Questions that can help you become a better investor � Part 2

Ruth

6. If a 45-year-old woman plans to retire at age 60, how many years can she expect to live in retirement?

a. 10 years

b. 12 years

c.19 years

d. 21 years

7. If inflation stays at 4% per year, how much would a $50 restaurant dinner for two cost in ten years?

a. $54

b. $60

c $74 [...]

Questions that can help you become a better investor � Part 1

Ruth

Dear Slynkey girls I have been so preoccupied with car buying I feel I have neglected your investment education. “Oh no” I hear you groan but rather than lecture you I have a little quiz for you to complete so it will be relatively painless:

1. __________ of women end up managing their own finances at some point in their lives.
a. [...]

Buying a car - Part Four

Ruth

Yes. Today is the day Slynkey girls! We are now going to dot the i’s and cross the t’s. You are going to be fully prepared before you sign that sale contract. We are now going for the Slynkey Girl Car Buying Strategic Defence Initiative (SGCB –SDI).

Step One: Negotiate the price of the new car, Step Two: Value your trade in, Step Three: Arrange finance.