Helping your children into home ownership
It is sometime suggested that home ownership is now only a dream for many people, but Census data shows the rate of home ownership has been increasing since the 2018 Census. In 2023 66 percent of households owned their own home (including those held in a family trust), while 34 percent of households did not
Basic business minimums for Christians
Basic business minimums for Christians A business is a tool that can be used by God to demonstrate the truth of the Gospel. In James 1:22 we are told to be “doers” of the Word. A business is the perfect environment for living Christ’s truth. Purpose of a business To determine whether a business is
Financial advice for lifelong singles
The Census by Statistics New Zealand in 2023 identified that 23% of households in New Zealand consisted of one-person. People aged 65 years and over accounted for nearly half of all single person households. The proportion of one-person households has been stable over the past five years, while the proportion of two-family households has been
Financially Helping Your Adult Children
It is never too late for parents to begin teaching their children about finances, particularly God’s principles of handling money. If parents find that their grown children are having financial difficulties, this may be a good opportunity to help them get good counsel. Financially helping your adult children should be contingent on them establishing a
Managing time with a home business
Managing time with a home business Working at home in a home business provides flexibility and freedom, but discipline is necessary to complete the work required. Proverbs 6:10-11 notes “A little extra sleep, a little more slumber, a little folding of the hands to rest – then poverty will pounce on you like a bandit;
Help me get our spending under control
Help me get our spending under control If your spouse is spending too much money, there are some key steps you can take. Some of the obvious ways to reduce spending include eliminating the big expenses. This might be a car payment or rental/living costs in excess of 40% of your net spendable income. Look
Why understanding your money philosophy could save your marriage
Why understanding your money philosophy could save your marriage Ask married people about their financial problems, and you’ll likely hear a list of issues: “I’m not sure I’ll ever be debt-free” “I’m sick of living from one week to the next” “I will never have enough savings to buy a house” “If my husband (or
Should we borrow for our daughter’s wedding?
Should we borrow for our daughter's wedding? Weddings can be very expensive, with costs amounting to more than $30,000 common in New Zealand. That can be a significant financial burden for parents and some are tempted to borrow against their house to pay for the big day. If that is what you are considering, there
How To Live A Fulfilled Life
We all want to live a fulfilled life, and seek to achieve it in different ways. Many try to make lots of money, others want to be famous, some want to have political power, some just want to be left alone and have a quiet place to do their own thing. But all of these