Money Made Simple
Welcome to Money Made Simple, a family of NZ-based financial literacy podcasts from Simplicity which keep it simple and get straight to the point. We want ALL Kiwis to have dignity, and a dignified life is one with choices. What can help with more choices? More money. So we're here to make Kiwis richer and smarter with money.
MONEY MADE SIMPLE WITH JENNIE AND LIV:
Join co-hosts Liv Lewis-Long and Jennie O'Donovan on a fortnightly basis to help you understand the basics around money, finances, investing, KiwiSaver, and planning for a better future. We aim to provide information in a bite-sized, easy-to-listen way that simplifies the jargon. 'Cos who's got time for that! We want you to feel empowered and confident when thinking about money and investing - whether that be via KiwiSaver, investment funds, the share market, property, or your general finances.
THE ECONOMY MADE SIMPLE WITH SHAMUBEEL EAQUB:
Join Shamubeel Eaqub, Simplicity's Chief Economist, on a monthly basis to help you understand what's happening in the economy, job market, politics and financial markets. Tune in to get economic updates, interviews with NZ's key movers and shakers, and deep dives into topics you might want to understand better.
You can join the Simplicity community via the following channels:
Instagram: https://www.instagram.com/simplicity_kiwi/
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LinkedIn: https://www.linkedin.com/company/simplicity-kiwi/
Or check out our website: https://simplicity.kiwi
Cheers for tuning in - we appreciate each and every one of you %)
Money Made Simple
MMS #75 | What you need to know before buying your first home
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Buying your first home can feel exciting, overwhelming, and full of unfamiliar jargon, forms and deadlines. In this episode of Money Made Simple, Liv and Jennie break down the first-home buying process into three key stages: getting your finances ready, making an offer and doing your due diligence, and understanding what happens from going unconditional through to settlement.
This is a practical, plain-English guide to help you understand what’s coming, feel more prepared, and avoid being caught off guard when buying your first home.
This episode covers:
- Checking whether you can use your KiwiSaver for your first home and how much you can withdraw
- Getting mortgage pre-approval and understanding your borrowing limit
- Working with lenders, mortgage brokers, lawyers and building inspectors as your home-buying 'team'
- How different house sale types work in NZ
- What "due diligence" means, and what it can cost
- What “going unconditional” actually means (and when it happens)
- Why insurance needs to be sorted before settlement on your new home
- Applying for your KiwiSaver withdrawal at the right time
- What happens on settlement day
- Common watchouts to understand while buying your first home
Helpful links:
- Sorted first home buyer resources
- Simplicity KiwiSaver first home withdrawal information
Please remember, this podcast is general in nature and does not take into account your personal financial situation. Simplicity is not providing financial advice or home loan advice in this episode.
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Disclaimer: This podcast contains personal opinions and is intended to provide educational information only. It doesn't relate to your particular financial situation or goals and is not financial advice or recommendations. Simplicity New Zealand Limited is the issuer of the Simplicity KiwiSaver scheme and investment funds. For product disclosure statements please visit Simplicity's website simplicity. kiwi.