Many of us have goals we're saving towards, whether for the short, medium, or long term.If your goal is in the medium term (3-5 years) or long term (5+ years), you might wonder if you need to adjust your investments or savings strategy as you get closer to achieving it.Or, you might be nearing your goal and not realize it could be beneficial to change your asset class—and that's okay too. So, what should you do as you approach these goals? Let’s discuss.Specifically, we chat about:Is there a ‘right’ time to take action i.e. too soon or too late? When you SHOULDN’T take action? E.g, Being shaken by market volatility even if your goals are still far awayHow does the level of risk you take affect your investments? (Growth vs income assets)A specific example where you may want to change your asset allocationIf you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz

Today we're back with another Money Moments episode, where we chat to real Kiwis about money. In this episode, we are joined by Colin Magee, CEO of Catalist, the stock exchange connecting everyday investors and Kiwi businesses with big potential. Colin has over 2 decades of experience in financial services working as a finance lawyer in London and a general counsel for an investment bank. Most recently, his role was Head of Conduct at the Financial Markets Authority (FMA), where he led the teams responsible for regulating the stock markets and realised that there was a gap that needed to be filled in the New Zealand market.In this episode, Colin shares about:The main differences of living and working in London vs New ZealandWhat types of assets he is investing in and why?What led him to start his own business, CatalistWhy it's important to support small & medium businesses in New ZealandHow small and medium-sized enterprises can fit into your portfolioKeen to learn more about Catalist? Check out their website here.If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz

In today's podcast episode, we’ll be answering the question of - how does the KiwiSaver joining/transfer process work behind the scenes?While expectations around banking/financial services these days are instant, unfortunately, the case with KiwiSaver transfers and many other investments isn't.Whether you're moving to NZ and starting KiwiSaver for the first time, or over 18 and taking control of your account - it pays to understand how and why these processes behind the scenes can take some timeSpecifically, we chatted about:How do you switch KiwiSaver providers? What happens behind the scenes?Which parties are involved in the transfer? How long does it take to switch KiwiSaver providers?How does this process differ whether you are transferring your balance VS joining KiwiSaver for the first time?And much more!If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz

In today's podcast episode, we’ll be chatting to you all about scams. Scams are a hot topic at the moment, just google ‘scams nz’ and look at the news and there are SO many recent articles sharing how someone has been scammed out of a significant amount of money.  So let’s chat about how you can avoid them.In this episode we specifically chatted about:Signs that you are being set up for a scamWhat you can do to avoid scams and some common examplesHow to find out if an investment is legit and how protected you areCheck out the resources mentioned during the episode:Sorted.org.nz - Fraud and ScamsMBIE - Money lost to scamsNetsafe.org.nz - Common types of scamsFMA - Latest scam warnings If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz

In today's podcast episode, we’ll be chatting to you about whether or not you’re spending enough money to maintain your health.Whether your health spending comes in the form of long weekends away, going to a therapist or even a boujee gym membership, investing in yourself can come in many forms. But how do you know if you’re spending enough money on your health, or better yet too much? Let’s jump into it.Specifically, we chatted about:What we personally spend on our health such as gyms, insurance and the odd treatHow we justify the costs of health for our spendingWhy some people are reluctant to spend money on their healthand plenty more!If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz

In today's Q&A episode, we'll be answering DM's from the gram as well as a few customer queries from the Kernel inbox.This time, we'll be answering questions such as:What is compounding?Should I regularly invest, or save then invest money in one lump sum?What happens if you take money out before the quarterly distributions are made?Do you have a burning money question you want answered? Let us know in the DM's we'd love to hear from youIf you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz

In today's podcast episode, we’ll be chatting about how people's differing money situations can affect friendships and ultimately behaviour.At some point, you’ve probably experienced a difference in wealth (or perceived wealth) between you and your friends. But should you let this difference in lifestyle affect your behaviour? Let’s discuss.Specifically, we chat about:Why there will always be differences in wealth between your friend groupsHow your definition of wealth and priorities changes over timeWhat drives the feeling of competitivenessHow people tend to talk less about money as they get olderWhat you can do to stop comparing yourself to othersIf you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz

Today we’re back with another Money Moments episode, where we chat to real Kiwis about their experience with money.In this episode, we're joined by Sarah Kelsey, host of the personal finance & development podcast, the OneUp project. Sarah started her podcast over 4 years ago and has grown her listenership to over [345,000] with Kiwis from all over NZ tuning into her tips on how to get the most out of your money and, ultimately, life.We have lots to talk about in today’s ep, let’s get stuck in. Specifically, we chat about:How much money Sarah has stashed away for a rainy day - a.k.a emergency fundWhat she's doing to leverage the connections that she's made through the podcast How she manages her money using 9 of her bank accountsWhat's her big 'a-ha' moment was when it comes to approaching & viewing moneyWhy slowing down has helped her recollect and focus more on what she valuesWhat's next for her career and where she wants to goIf you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz

In today's podcast episode, we’ll be chatting about whether or not the Kiwi dream of owning a bach is all that is cracked up to be.Many Kiwis often dream about having a bach to use as an escape during their extended breaks. But what if we told you that you may be better off putting that money towards boujee yearly holidays instead? In this podcast episode, we chat about:The pros and cons of a bachThe average price of a bach across different holiday destinations and how much you could be payingWhy renting out your bach or relying on capital gains may not give you the outcome you wantHow premium your holiday could be if that money is instead put towards yearly holidaysReferences:Infometrics Housing Price DataLighthouse Financial Case StudyIf you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz

In honour of our favourite time of the year - aka tax time - we thought we’d answer a few commonly asked questions.Specifically, we answer:How important is tax when investing?Are NZ shares taxed differently from global shares?What benefit does investing through a trust give me, if at all?What the heck is the FIF tax regime?Got a burning money question that you want answered? Slide into our DM’s and we’ll answer them on the pod!If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz

Wondering how you can set up your children for financial success in the future? Then this podcast episode is for you!In this episode, we are joined by Co-Founder of SquareOne, Jovan Pavlicevic.Jovan has a background in starting businesses and wears many hats at SquareOne - from strategic capital raising to designing the customer and employee experience.With a background in starting businesses, he has always loved finding novel ways to fix broken things. This time, with how we can empower kids, and everyday Kiwis, to be better with money.In this podcast episode, we chat about:What is SquareOne and how can it help children to be better with moneySome practical tips in money management for kidsWhen the 'right' time is to start teaching your children about moneyWhy it’s important to upskill your financial knowledge so you can help your kids be better with moneyLearn more about SquareOne here.If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz

In today's podcast episode, we’ll be revisiting the ever-important rainy day funds; more commonly known as emergency funds! While emergencies are rare, it is important to have money set aside for some peace of mind. So if you're looking for some inspiration on where to get started with your emergency fund, this episode is for you!In this podcast episode, we chat about:When and how you should use your emergency fund - spoiler it's not for last-minute dresses.How much you should set aside for your emergency fund and what factors to consider?The different places where you can invest your emergency funds while keeping it accessibleHow credit cards and insurance can play into how you handle your emergency spending. If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz

Today we’re back with another Money Moments episode, where we chat to real Kiwis about their experience with money.In this episode, we’re joined by Chanel Clark, marketing extraordinaire and North Shore local. Chanel has recently transitioned from being a full-time employee to starting and running her own business AND is also looking to move overseas in the near future. So we have lots to talk about in today’s ep, let’s get stuck in. Specifically, we chat about:What her relationship with money was like growing upWhy she ended up with a ~100k student loanHer experience navigating  her way through the marketing industry and rebounding from redundanciesHow she tripled her salary by doubling down on her marketing skills and starting a businessWhat's next for her career and where she wants to goIf you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz

In today's Q&A episode, we'll be answering DM's from the gram as well as a few customer queries from Kernel.This time, we'll be answering questions such as:How to invest a lump sum of money across different scenariosAre you better off having a nanny for your child or sending them to daycare?How to invest while also starting a familyWhat are bonds and should I invest in them?Do you have a burning money question you want answered? Let us know in the DM's we'd love to hear from youIf you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz

In today's podcast episode, we’ll be talking about love and its costs. The cost of love sounds like it has a ‘negative connotation’ it doesn’t necessarily need to be that way. The reality is that costs can come with getting into, being in and/or ending a relationship with someone. So this Valentine's Day, we thought we'd do a special episode talking all about the money topics that you may face while on your relationship journey. In this podcast episode, we chat about:Why money compatibility is *super* important in a relationshipA few things to consider when you're thinking of sharing your finances with your partnerThe different love languages that you may fall into and how that can affect your spending habitsSome tips, tricks and conversation starters to get you thinking about how you can bring up the money chat with your partner or soon-to-beIf you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz

Today we're back with another Money Moments episode, where we chat to real Kiwis about money. We’re back with our friend Jervis, for an update on what’s happening in his financial world, since recording an initial Money Moments ~2 years ago. When we spoke to Jervis last, he lived and worked in a digital marketing agency in Auckland. We spoke about several things on the podcast, ranging from how he initially got in and out of personal debt to his 30/30/30/10 budgeting approach and how his life pillars drive his happiness (incl. one finance pillar). Jervis is now a digital nomad who is living in Malaysia. Stopping in NZ for a quick visit, we thought we’d steal an hour of his time to hear an update on how things are doing.In this episode, we chat about:What it was like working, moving and living in Singapore for workThe costs associated with moving overseas and how much he spentHow his values have changed over time, learning from work and travelWhy he's tweaked a few of his spending and investing habits...and plenty more goodness! If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz

In today's special podcast episode, we'll be answering many different questions that we often get in the DM's from the gram as well as a few Kernel customer questions.  Specifically we'll be answering questions such as:What are the factors to consider when creating a joint account with your partnerShould you convert all of your investments into cash when you hit 65Things to consider if you're concerned about job loss in the near futureHow to move your Super Annuation from Australia to New ZealandIf you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz

Looking to achieve your 2024 New Year resolutions?  Then this podcast episode is for you! We are almost in February the time New Year goals typically start to drop off. While creating audacious goals is easy,  achieving them can take much longer. In this episode, we talk about a few different factors to consider when creating a new goal and how you can make them more achievable.Specifically, we chat about:Why it's important to set specific goalsThe mental impact of achieving or failing a goal What a well-structured goal actually looks likeA few tips for setting clear and achievable financial goalsIf you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz

Today we're back with another Money Moments episode, where we chat to real Kiwis about money. Today on the podcast, we are joined by Jamie Jermain, Co-Founder & CEO at SquareOne, NZ’s first account and card built for the next generation. Jamie has worked in the payment space for over 20 years, including at the likes of Visa, Mastercard, Lloyds Bank and The Warehouse Group.Originally from London, he moved to New Zealand in 2010 and now lives in Auckland with his wife and 3 kids, who were the inspiration to build and launch SquareOne.In this episode, Jamie shares about: Why money was a taboo topic for him growing up Using credit cards to fund a mortgage How working in finance has shaped his approach to money (or didn't!) How he tackled moving countries, financially The challenges, triumphs and learnings of founding and growing a companyHis experience funding a start-up - from bootstrapping to raising capital initially, to raising additional fundsKey advice given in the early stages of SquareOne - hiring, governance, ESOP allocations and moreHow he has needed to grow as a leader by starting a company If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz

In today's podcast, we're chatting about when the "right time" is to sell your investments if they're in the red (hint: there is no "right time"). Do you hold on and hope that it recovers its value, or do you cut your losses now and recoup what's left? We dig into this and more. Specifically, we discuss: Why does your investment portfolio balance move in the first place? Biases when investing; anchoring & the status quo bias Can you expect linear investment returns?Questions to ask yourself when weighing up the decision to sell or not - plus a worked example with Christine's sharesIf you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - SpotifyFollow us for fun chat & financial tidbits on IG: @itsnosecretnzGot questions? Get in touch: www.itsnosecret.co.nz