The Happy Saver Podcast - Personal Finance in New Zealand cover image

83. Iron Fisted Lucy

The Happy Saver Podcast - Personal Finance in New Zealand

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How to Set Up a Money System for Your Teenager

Lucy has set up both of her tama reiki with their own Sheezies accounts. The intention is that when they get proper part-time jobs she will be teaching them to invest some here most likely into a single broad base ETF fund. With this income she will also be instructing them to contribute a higher amount probably 8%  into the Kiwi Saver plus also have sinking funds of their own in their own bank accounts. Lucy's son already looking at the tiny amount of pocket money that he makes each week and has declared that he pretty much won't ever be able to afford to move out of home because how can he possibly fill up all these buckets his parents

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