Are you raising a child who thinks money just appears?

From pocket money and piggy banks to KiwiSaver, first jobs and the temptation to bail them out, the lessons start much earlier than many parents realise. So, should chores earn cash? When should children start investing? And when is it better to let them make a mistake?

Hayden Mulholland from Become Wealth joins Nadine on The Prosperity Project to explain how to raise kids who actually understand money.

Are you raising a child who thinks money just appears?
From pocket money and piggy banks to KiwiSaver, first jobs and the temptation to bail them out, the lessons start much earlier than many parents realise. So, should chores earn cash? When should children start investing? And when is it better to let them make a mistake?
Hayden Mulholland from Become Wealth joins Nadine on The Prosperity Project to explain how to raise kids who actually understand money.

The Prosperity Project is a weekly personal finance podcast from the NZ Herald. Join host Nadine Higgins every Monday as she talks to experts from New Zealand and around the world about the biggest money issues to help you become more prosperous.  

Follow The Prosperity Project on iHeartRadio or wherever you get your podcasts. To get in touch with the podcast, email nadine.higgins@nzme.co.nz 

The Prosperity Project is a weekly personal finance podcast from the NZ Herald. Join host Nadine Higgins every Monday as she talks to experts from New Zealand and around the world about the biggest money issues to help you become more prosperous.&nbsp;&nbsp;
Follow The Prosperity Project on iHeartRadio or wherever you get your podcasts. To get in touch with the podcast, email <a href="mailto:nadine.higgins@nzme.co.nz">nadine.higgins@nzme.co.nz</a>&nbsp;

The Prosperity Project

When should you teach children about money?

If you suddenly became unable to make your own decisions, would your spouse or family automatically be able to step in?

Not necessarily.

An enduring power of attorney allows someone you trust to manage your finances or make decisions about your personal care and welfare if you can’t. Without one, your family could face an expensive and stressful court process at an already difficult time.

In this episode of The Prosperity Project, we look at how enduring powers of attorney work, who you should appoint, the risks of getting it wrong, and why it’s worth putting one in place long before you think you’ll need it.

If you suddenly became unable to make your own decisions, would your spouse or family automatically be able to step in?
Not necessarily.
An enduring power of attorney allows someone you trust to manage your finances or make decisions about your personal care and welfare if you can&rsquo;t. Without one, your family could face an expensive and stressful court process at an already difficult time.
In this episode of The Prosperity Project, we look at how enduring powers of attorney work, who you should appoint, the risks of getting it wrong, and why it&rsquo;s worth putting one in place long before you think you&rsquo;ll need it.

If you lose capacity, who actually makes your decisions?

No new taxes. Free GP visits. Cheaper public transport. Solar subsidies. KiwiSaver changes.

The election promises are coming thick and fast — but what will they actually mean for your finances?

On The Prosperity Project, Katie Bradford joins Nadine Higgins to unpack how the major parties’ policies could affect your wallet, from tax and rates to KiwiSaver, student loans, solar panels, small businesses and the cost of funding New Zealand’s infrastructure.

Because however appealing the promises sound, there’s one unavoidable question: who ultimately pays for them?

No new taxes. Free GP visits. Cheaper public transport. Solar subsidies. KiwiSaver changes.
The election promises are coming thick and fast &mdash; but what will they actually mean for your finances?
On The Prosperity Project, Katie Bradford joins Nadine Higgins to unpack how the major parties&rsquo; policies could affect your wallet, from tax and rates to KiwiSaver, student loans, solar panels, small businesses and the cost of funding New Zealand&rsquo;s infrastructure.
Because however appealing the promises sound, there&rsquo;s one unavoidable question: who ultimately pays for them?

Who really pays for election promises?

Buying a home used to mean checking the LIM, getting a builder’s report and sorting the mortgage. But natural hazards, insurance restrictions and increasingly complex property issues mean buyers now have much more to consider.

Solicitor and Landley Law director Sue Foley joins Nadine Higgins to explain the red flags buyers should look for, why insurance needs to be considered early, what sellers are required to disclose and why relying on someone else’s building report could leave you exposed.

Buying a home used to mean checking the LIM, getting a builder&rsquo;s report and sorting the mortgage. But natural hazards, insurance restrictions and increasingly complex property issues mean buyers now have much more to consider.
Solicitor and Landley Law director Sue Foley joins Nadine Higgins to explain the red flags buyers should look for, why insurance needs to be considered early, what sellers are required to disclose and why relying on someone else&rsquo;s building report could leave you exposed.

When should you teach children about money?

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