Cheques and Balances

Mike and James answer the question on whether you are behind on your retirement savings. On this episode, we deep dive into how much different retirement lifestyles cost, what the average KiwiSaver balance is and how much you should have saved in your 20's, 30's, 40's and 50's for a comfortable retirement. See the full article here: https://lighthousefinancial.co.nz/are-you-behind-on-retirement Hosted on Acast. See acast.com/privacy for more information. The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.

Interest rates, inflation and interest limitation changes mean that owning a rental property has become significantly more expensive. On this episode, James and Mike go through 5 cashflow tips you might not have thought of to squeeze some extra cash out of your property.  Hosted on Acast. See acast.com/privacy for more information. The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.

In this episode, Mike and James look into why one of NZ's largest KiwiSaver conservative funds reported bigger losses than most growth funds. A deep dive into Simplicity and what you should be looking out for in a KiwiSaver provider. Hosted on Acast. See acast.com/privacy for more information. The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.

On this episode, James and Mike explain exactly what a recession is, what happens when recessions occur and why they might be a good thing. Hosted on Acast. See acast.com/privacy for more information. The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.

Interest rates have moved from record lows of 1.95% to 5.25% in the space of 12 months. This is an average repayment increase of $30,000 per year! James and Mike give some insight into current market sentiment, the economics behind rising interest rates and what you should do! Hosted on Acast. See acast.com/privacy for more information. The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.

The recent Government's Budget 2022 announcement has made it easier for Kiwis to get into their first home! See how these changes could affect you. Hosted on Acast. See acast.com/privacy for more information. The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.

On this weeks episode of Cheques & Balances Mike and James discuss all of the recent media doom and gloom regarding increasing interest rates, inflation and even a recession. Learn what you should be doing when you read clickbait articles online. Hosted on Acast. See acast.com/privacy for more information. The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.

It is becoming more difficult to get a mortgage from a bank. With inflation, rising interest rates, banks increasing their test rates, record house prices, you need all the help you can get. On this week's episode of Cheques & Balances, Mortgage Broker, Mike Vincent answers some very important questions regarding getting a mortgage in New Zealand. Did you know your afterpay can impact your ability to get a mortgage? That credit card limit you haven't even used can impact your ability to get a mortgage! Do credit scores affect your ability to get a mortgage? James Blair and Mike Vincent are Directs at Lighthouse Financial in New Zealand and have been in financial services for over 20 years combined. Hosted on Acast. See acast.com/privacy for more information. The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.

With the market volatility at the moment, what should you do with your investments? Well, that depends on what your goals are. Find out more about why the markets are down, is now a good time to purchase shares, and whether it's time to get add a financial adviser to your life. Hosted on Acast. See acast.com/privacy for more information. The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.

Who are the winners and losers when it comes to the streaming giants Netflix and Disney? For the first time since its inception, Netflix lost subscribers. Doesn't help that there are 100 million shared passwords for accounts but where there is a market, there's a way. Also, love him or hate him, Elon Musk has bought Twitter for a premium. Although he claims it was to maintain a platform with free speech, Mike shares some valid points about the purchase and who it really benefits. Listen to James and Mike discuss the Poison Pill strategy which sounds like something out of Romeo & Juliet, Mike tells us how he really feels about Elon and Pirate Bay, and James asks Mike out to the movies. Hosted on Acast. See acast.com/privacy for more information. The content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.