With Basiq open banking feeds in Australia now fully launched, PocketSmith is as globally open banking-ready as possible in 2022. It's a very bright future ahead of us all with the new technology, but along with the upsides of open banking, there are some tales from the trenches too.
Interviews
We asked some of our wonderful users to share how they use PocketSmith to be productive with their money and plan for the future. Read how Jadon uses PocketSmith to evaluate the cost-benefit of his hobbies and any services he pays for.
Money tips
“Christmas happens every year. Don't let it be a surprise”. For all the fun that Christmas provides, it can also be a time filled with money stress. Rachel’s solution? Being prepared as possible. She shares how she gets her finances ready for Christmas with PocketSmith.
Product feature
We've made it easy for you to move from MoneyBrilliant to PocketSmith, bringing all your history with you. MoneyBrilliant are shutting down completely in December 2022 — so before that happens, grab your data export file and import it into PocketSmith to see why we're the best alternative to MoneyBrilliant!
Money tips
Influencers come in many shapes and sizes, and social media has seen a surge of financial information and advice fill its feeds. Is it wise to take guidance from these influencers? And what red flags do you need to stay alert for? Emma delves into the world of personal finance influencers.
Money tips
Amicable or not, a divorce or separation can be a stressful time — especially when it comes to your finances. Your income and expenses will most likely shift, so how you manage your money will have to adapt too. Ruth lays out a post-divorce roadmap in this edition of Ruth’s Two Cents.
Money tips
Calling all enterprising folks! While you’re busy with your business plans, you need good support for the constant change and uncertainty you’re dealing with. Matt from the good folks at nowly explains why life insurance should be an essential part of your finances as an entrepreneur.
Money tips
A 2021 study by the Financial Markets Authority of New Zealand revealed that 31% of DIY investors who invest online plunged into an investment just because they didn’t want to miss out. The FOMO is real! Emma from The Broke Generation explores why the fear of missing out drives some to take on risky investments, and how to avoid giving into the FOMO.
Interviews
We asked some of our wonderful users to share how they use PocketSmith to be productive with their money and plan for the future. Read how Kina gains insights into her spending habits in an environment where her data is secure and easy to utilize.
Money tips
How do you feel about approaching The Bank of Mum and Dad to help you get into your first home? The idea of asking your family for assistance can feel a little embarrassing for some, while for others, it's a welcome lifeline. Ruth The Happy Saver shares her thoughts for first-home buyers, and how to approach this particular path to your first home.
Interviews
Previously known as the Welcome Home Loan, the First Home Loan scheme is one of the New Zealand government's tools for helping Kiwis get into their first home by only requiring a 5% deposit. Laura Sheehan, Mortgage Adviser at Lighthouse Financial, breaks down the First Home Loan, its lending criteria and how much you can expect to borrow.
Money tips
Regardless of whether it sends a shiver of thrill or dread up your spine, Christmas is just a couple of months away. Follow Emma’s tips for getting the jump on the silly season to save your wallet, and your sanity, from stress.
Money tips
We’ve all experienced money mistakes that have us asking ourselves, “Was it really worth the money? Could I really afford it?”, which always leads to one of the more frustrating human emotions — regret. For Rachel? She’s incorporated it into how she uses PocketSmith to employ more accountability in her spending.
Interviews
We asked some of our wonderful users to share how they use PocketSmith to be productive with their money and plan for the future. Read how Sarah achieves peace of mind by using PocketSmith’s forecasting features to ensure she has enough funds for upcoming expenses.
Money tips
Diversification, making regular payments and staying calm amid market volatility — who knew that these are core tenets of healthy investing no matter what your age or experience is! Teenage investor Jordan is back to update us on his investment journey and the wisdom he’s picked up.
Money tips
When one spouse is more financially-inclined than the other, how can you make sure that you're both invested to make the most of your money? Ruth shares her thoughts in this new edition of Ruth's Two Cents.
Money tips
Interested in dipping your toes into crypto investing? In a market that is exposed to intense fluctuations, employing a bit of caution is the diligent option. WallStreetZen founder Nate Tsang offers his advice for minimizing risk when investing in cryptocurrencies.
Money tips
Thanks to pandemic-fuelled online shopping, the rise of Buy Now Pay Later services has been swift and significant. Emma explores the potential pitfalls of this new form of credit, so you can make informed purchasing decisions when buying now and paying later.
Product feature
The march of progress is upon us! We're very happy to announce that we're currently integrating with new data provider Basiq in Australia. Through them, we'll be getting access to open banking feeds for all banks in Australia as they come online, and reliable traditional feeds in the interim.
Company
You can wipe your tears and put away your handkerchief — we’re not going anywhere. Pocketbook’s announcement of their closure cast some confusion over our own state of trading due to our similar names, but CEO Jason sets the record straight and offers some insight on the inspiration behind our treasured title.
Interviews
We asked some of our wonderful users to share how they use PocketSmith to be productive with their money and plan for the future. Read how Amy makes the most of PocketSmith’s bank feeds to keep up-to-date with her expenses and savings.
Money tips
If you’ve ever wanted to find out how much money you need to save for retirement or whether you’re on track to meet a particular savings goal, you might have tried to work it out with a pen and paper. Luckily, there’s usually a calculator available online to figure it out.
Money tips
Making our money go further and doing some good while we’re at it — sounds right up our alley! Our friends at Supergenerous help you to do just that, allowing you to regift up to 33% of your charitable donations. CEO and co-founder Guillaume Dehan talks to us about how they’re helping charities all around New Zealand.
Money tips
As inflation continues to rise, those who are self-employed have the unenviable task of contending with the effects on both their personal and business finances. Emma shares some tips for managing the effects of rising inflation in self-employment.
