Sharesies Referral Code: Get $15 Free Until August 23

With a $15 welcome bonus on offer until August 23 there has never been a better time to grab a Sharesies referral code and start investing with Sharesies.

Use this one to get started now: Join Sharesies Now

How does Sharesies work?

Sharesies started in 2016 with a goal of making investing as accessible for people with $50 to spare as it is for those with thousands.

Their mission is to make investing something we talk about and celebrate, not something we don’t think about until we’re old and grey and have missed the best (compound-interest earning) years of our life. 

I really can’t paraphrase this any better, so direct from the horses mouth:

We want to make this generation the most financially literate. Starting with making investing easy—by breaking down the current barriers that stand in the way of investing today. We want someone with $50 to have the same investment opportunities as someone with $50,000.

We have an opportunity to make a real difference to how people manage their money and growing the wealth of everyday New Zealanders. We want our friends and others like them around buying and selling shares, comparing portfolios and giving each other tips to grow their wealth. Getting gratification from spending $20, not just on brunch, but investing in the portfolio sitting in their pocket.

Source

To that end, they are a certified B-corp, which means they use business as a force for good.

As a personal finance blogger, I have to agree that helping people better manage and grow their money is an awesome cause.

Why I personally love Sharesies

I’ve been investing for my kids with Sharesies for two years now and have been really impressed by how easy and accessible they make it to invest with smaller amounts.

Right now, I put away $25 a month per child as well as 50% of whatever they get for birthdays and Christmas gifts. 

I wanted to make sure they were still able to take advantage of the benefits of investing young and regularly, even though the amounts are small.

Sharesies is perfect for that and as you can see below, from little things, big things grow.

Sharesies dashboard, showing returns on my sons account

At this stage we are planning a world trip in 2021 (pandemic-aside), so I don’t see us being able to up contributions significantly in the short term.

For now, we are really happy with what we’ve been able to achieve by chucking $25 per month into Sharesies auto-invest function and waiting.

Sharesies portfolio value screen

Sharesies total growth screenSharesies offer 165 companies and funds to invest from, so you’ll be sure to find something you like.

We personally stick to index funds as we believe they are a superior investment vehicle for lazy sods who really can’t be bothered reading the financial media on the daily to stock pick.

I was so impressed with the returns I saw with my children’s Sharesies account that I started my own fund to invest $10 of my $25 weekly pocket money. It’s been great fun to watch the funds grow slowly.

So if you’ve wanted to try investing for a while and have a few bucks to put away each week, I highly recommend Sharesies.

You can use this Sharesies promo code here to get $15 FREE until August 23. I will get $5 too – I promise I’ll put it to good use.

5 Helpful Tips for Coping With Financial Stress

Are you experiencing money worries at the moment? If so, I’m very sorry to hear that.

Sometimes it’s tough to read blogs by people who have it all figured out.

For that reason, I wanted to share some of my money weaknesses and worries in the form of a real-life situation my family recently went through. 

It’s my hope that sharing will help you figure out a solution.

5 Helpful Tips for Coping With Financial Stress

My husband and I had returned from living overseas. I was pregnant at the time and we had a preschooler.

We returned home with $10,000 in our emergency fund to last us until we had regular income again.

Being pregnant, jobless and without any source of income, we were very stressed.

Acknowledge the problem

Acknowledging that a problem exists is the first step to fixing it.

Burying your head in the sand or going on a credit card fueled spending spree will make things one million times worse.

Whether you are overdue on a payment or facing a time without income, the hardest but most necessary step is accepting the problem exists.  

Only then can you figure out what to do to fix it.

Talk about it

One of the major factors that keep people in debt is the inability to discuss money issues with friends and family.

Admitting that you are experiencing financial issues can be difficult but it might also be exactly what someone else needs to hear.

Being the first to admit you are having problems might help someone else to do the same.

If for no other reason make sure you tell those close to you so they know why you can’t go out for dinner or do activities that cost money.

Tell them you are more than happy to go to the park or hang out doing free stuff.

Assess your means

This is where you sit down and figure out all of the resources you have available to help you through the tough times ahead.

Cash and funds

Work out what you have available in savings and cash accounts. These funds should be your first source of emergency income.

Only after you have accounted for savings should you look at your credit card.

It is, for this reason, I will never be without a credit card – they are great for emergencies.

But paying over 20% interest on your purchases should be sufficient motivation to minimise how regularly you use them.

Non-cash sources of income

Now, look at other ways to bring in extra income.

  • You might have a spare room you could rent out.
  • Look at eligibility requirements for income assistance.
  • Find things you can sell
  • Find a part-time/evening/casual job to help until you are back on your feet

I knew we had savings of around $10,000 plus around $20,000 available on credit cards – but it would have to be a near crisis for me to run a balance on the credit cards.

I know that as soon as we were able to re-enter the country we were eligible for child tax credits again and we did everything we could to find my husband a job within 6 weeks.

We planned ahead, using our free time to update CVs and scour job sites.

We also sorted out our storage unit and sold some things as we’d lived well without them whilst being overseas.

Finally, I’ll be investing more time into building up my freelance business to boost my income.

Play out your worst case scenario

This may sound a little negative but knowing how dire things could get is a great way to keep things in check.

Depending on the resources you have available your worst case scenario could mean having to ask for help from government agencies or it could just mean having to rein in spending for a few months.

Having funds in an emergency fund is what makes the difference here.

Personally, I’m comfortable with the amount we have left in savings. I know it can last a long time if we work on our leanest budget.

Our worst case scenario was having to stay with my parents for a few months whilst we built up enough money to move back into our house. 

Look after yourself

Make sure you get regular exercise, a 3o-minute walk in the fresh air will do wonders for your mental state.

This pamphlet from the New Zealand Ministry of Health provides some excellent advice on dealing with financial stress. 

Resource: Coping with Financial Stress: Looking after yourself and your family/whanau during tough economic times

Coping with financial stress is not something you have to do alone. Remember to ask for help and talk about your struggles.

And prepare for the worst – hopefully it won’t happen, but if it does you’ll have a plan in place to get you through the tough times. 

This post originally appeared here: 5 Practical Tips for Coping With Financial Stress

Help Bring Octopus Group Surveys to New Zealand

Listen up, survey takers.

Octopus Group are keen to launch in New Zealand but they need your help to build their membership to 5000 members to go to market here.

Octopus have long been the favourite of our survey takers in Australia and we have no doubt they will do great things in New Zealand.

You can join Octopus Group here

Octopus Group claim to pay more than 80 to 400% more cash rewards than other survey panels, they pay cash into your bank account after you’ve accumulated $20 and they are super reliable.

They also offer a generous refer a friend program which can earn you up to $20 for every friend you refer.

Case Study: Cashflow Positive Property in Christchurch

Although I really want Mum’s Money to be about my readers, sometimes it is immensely helpful to read a personal story. In that vein, I am sharing this property investment case study about a recent real estate purchase my husband and I made in Christchurch.

In February of 2019, we purchased an investment property in Christchurch. 

I’m personally a fan of compact, efficient housing, located near to amenities and have aligned my property investment strategy around this.

Since I’m the chief decision-maker when it comes to our money, I decided that we are now only purchasing cash flow positive rental properties (one of my many real estate investment mistakes was not doing this in the beginning), primarily 2 bedroom units and townhouses close to the city centre in Christchurch, New Zealand.

I personally feel Christchurch is undervalued compared to other major cities in New Zealand.

I’ll probably change my mind a few times, but right now, that’s what we’re aiming for.

As we plan to travel long term with the kids, we want low-maintenance properties that are easy to maintain and can be managed entirely by a professional property manager.

This post outlines my strategy for real estate investing moving forward.

I also want to achieve a minimum 7% gross return.

Finding a 7% gross return in a central suburb is not easy, but it’s not impossible either. Here’s how it played out for us.

Real Estate Investment Case Study: Christchurch, New Zealand

Living room looking into the kitchen

Purchase price: $190,000
Weekly rent: $290 (annual $15080)
Gross yield: $15080/190000 =  7.93% 
Council rates: $1389/pa
Home insurance: $1510/pa
Interest rate: 3.99% fixed for 1 year – now 2.99%

The property is an upstairs unit, 2 bedrooms with a large living room, kitchen and combined bathroom/laundry.

It has a detached carport which has been filled in (walls and a door added) to function more like a single garage.

Here are some more images:

A small but efficient kitchen
Master bedroom
Bedroom 2
Combined bathroom and laundry.

As you can see it’s a simple wee place but it gets great sun and is located close to the city centre. 

When we first found the property, the vendor was asking $215,000. We weren’t prepared to pay that and walked away.

A few months later the agent got in touch to tell us the vendor had reduced the asking price and put in a tenant paying $290/wk. 

The asking price was $199,000. At this stage we were interested. We submitted an offer of $185,000 and ended up agreeing to $190,000. 

Financing the purchase

If you subscribe to my emails you might be wondering what made me change my mind after deciding we were not going to invest in property any longer.

It’s simply this: the ability to leverage the equity in our home so we can borrow 100% of the purchase price.

A year and a half ago we paid off our very small and very cheap home (for now, we’ll rent it out when we travel).

This meant we purchased the property using almost none of our own money – except for legal and due diligence costs which were partly covered by a cash sum from the bank we borrowed from.

Now I know I could borrow a big chunk of change and do the same with shares, but I’m not sure where the share market is headed and I have faith in Christchurch property growing in value in the long term.

In the short term, this property pays for itself completely, including principal and interest repayments on the loan. 

It has a great tenant already settled in the home and looking after it and needs very little done (other than an external paint, as you can see).

The driveway and drainage need repairing but that is earthquake damage and covered by earthquake insurance. The claim was assigned to us as purchasers and we are working through it with the other owners in the complex.

It fits my requirements for well-located, low maintenance and cash flowing nicely. I couldn’t not buy it. 

Real estate as a store of wealth

This is a complete change of tune from the wannabe property mogul I was when I started to invest in New Zealand property from Australia.

Back then, I thought that property itself would make me rich but as it turns out, I’m not cut out to be a renovator, flipper or a property developer.

I like to buy and hold. After reading The Millionaire Fastlane by MJ DeMarco, I made peace with not becoming wealthy from owning real estate.

It made complete sense to me that many rich people own real estate but most of them didn’t get rich from real estate.

They created wealth through their own businesses and kept their wealth safe with a diversified portfolio of real estate and shares. 

As my online business has grown, my income has skyrocketed. I’m now earning more money than I ever have in my life.

And I need a place to put that money because I am too frugal to just spend money just for the sake of it. 

Throughout the year I’ve been contributing almost 100% of my profits to a global share ETF but I am wary of putting all my eggs in one (albeit highly diversified) basket.

Having a bit of extra debt to knock on the head has always motivated me to spend less, so taking on a mortgage for this property purchase has helped us mentally sharpen the pencil on our spending.

Ideally, we’ll become debt-free on this property within 10 years.

As I write this we have put an offer on one more property. It’s in a similar location but a more modern and upmarket unit. If the sale goes through, I will be sure to create a similar case study.

Do you have any questions about this purchase? 

The Beginners Guide to Property Investment in New Zealand

Are you interested in property investment in New Zealand?

You aren’t alone. Investing in property is a topic we Kiwis love to discuss.

Whether it’s your parent’s rental property ‘nest egg’ or your mate overseas who’s bought a rental at home while he travels, it’s no secret that us Kiwis love property.

There’s a good reason for it too. Many investors were burnt in the 1987 stock market crash and lost their trust in the sharemarket.

Property, on the other hand, was something you could touch. Something tangible that could be improved. With maintenance and the right tenants, it could bring income for a lifetime.

Property Investment NZ: Beginners Guide to Buying Rental Property

I have owned investment property since 2006. I have learnt a fair bit in that time and I wanted to share more information on this blog.

Related: Case Study: Cashflow Positive Property in Christchurch

I need to reinforce the fact that I am not a professional nor a financial advisor, I’m just an investor sharing my own experiences and some tips and tricks along the way.

How property makes money


Most of us have rented a home in our lifetime. We pay a weekly or monthly amount to a landlord or property manager and in exchange, we are able to use the property for a contracted amount of time.

As renters or tenants, we don’t have to worry about things like building insurance, council rates or building maintenance.

Your obligations as a tenant are to keep the property tidy, pay your rent on time and return the property to the condition it was when you moved in (allowing for fair wear and tear).

The landlord has to cover mortgage payments, council rates, building insurance, maintenance and repairs, improvements and property management fees out of the rent received.

In the early days of buying a new property, costs will eat up almost all of the rent received.

As time goes on rents increase and the landlord pays down the mortgage, so the amount leftover grows.

This difference between income and holding costs is how the property investor makes money.

Most investors will use equity (the difference between a property’s value and the debt against it) to borrow again and repeat the process over and over again.

Now if you know a bit about property, you might be screaming at your computer screen right now.

‘That’s not how it works for me, what is she talking about?!?!’.

That’s because when it comes to property investment NZers have varying opinions of what constitutes an investment.

I like to stick to the best and most accurate description of investment:

“the act of putting money or effort into something to make a profit or achieve a result” (source)

If you are buying a property and you need to top up the mortgage or put a significant amount of your own funds in to make the numbers work, then you are not making a profit.

You are most likely speculating on future capital gains to justify your purchase.

That is totally fine, but it’s not property investment.

Please note, it is very common for people to top up their rental properties. I had to do it for years. It was only recently that I realised that this is not really an investment and the opportunity cost is huge.

Putting $100 a week into topping up my rental portfolio since 2008 certainly adds up.

If I had put the same amount of money into the stock market over that timeframe, I would have made a lot more money.

Don’t be like me, only buy cash flow positive property.

5 Things to Consider Before You Buy Your First Investment Property


Here are 5 tips to get your property investment journey off on the right foot:

Know your why

The very first step is figuring out exactly why you want to invest in property. What’s your long-term game plan? Early retirement in Bali? You’re going to need multiple cashflow properties.

Want to create your own version of  ‘The Block’? Buying a do-up in a gentrifying area might suit you better. Knowing your end goal will help you follow the right path.

Get educated

Start at the local library. There are literally thousands of books on the topic of property investment.

If your local branch doesn’t have the books you want, request an interlibrary loan.

There is no need to spend thousands on your property investment education.

With plentiful blogs on the topic, plus online forums and the wonderful New Zealand Property Investor magazine, you can find out everything you need to know for low or no cost.

(See the list of recommended resources further down the page)

Construct your team

At the very least you’ll need an accountant, conveyancer or solicitor, property manager, and a builder you trust to call on in case of emergency.

Pro Tip: Even if you plan to self-manage your investment property, pay a professional property manager to complete a pre-purchase rental assessment.

For a nominal fee, you’ll get the opinion of an expert in your rental catchment area, who’ll be able to point out the strengths and weaknesses of your potential purchase.

Get your structure sorted

Before you make an offer you need to sort out your ownership structure.

Whether you plan to purchase as an individual, as part of a partnership, trust or via a company, discussing your plans with a professional is vital.

Your accountant will be able to point you in the right direction.

Have a plan for reducing debt

It’s prudent to have a debt reduction plan in place if you are borrowing to invest in property.

Aim to get your loan to value ratio (LVR) under 70% as quickly as possible, to remove any lenders mortgage insurance and/or low deposit premium from your loan.

This will see an instant increase in your cash flow and allow you to keep borrowing for more purchases.

How to keep growing your wealth with property investment

After you’ve bought one investment property, you might consider growing your portfolio by adding another.

1. Leverage

Leveraging allows you to use the cash you have available to purchase a more expensive property. Let’s say you have $90,000 in cash (or equity in an existing home).

Using debt you can purchase a property for $300,000 using your cash or equity as a 30% deposit. Now you control an asset worth $300,000 for just a $90,000 outlay.

If the property appreciates at a rate of 5% per year, you’ve gained $15,000 in the first year.

Compare that with gaining 5% on your initial $90,000 deposit (that would be $4,500) and you can see how powerful leverage is when it comes to growing wealth.

Leverage works both ways. It can amplify losses as well as gains.

2. Rental income

Income from rent is your bread and butter in the property investment game. 

Rents should rise over time whilst debt reduces, creating positive cash flow to fund your lifestyle and increased servicing capacity.

3. Debt reduction

Some people like to think of property debt as forced savings.

Whilst that is an oversimplification, it’s true that paying down any debt you owe on the property as quickly as possible will boost your net worth, therefore increasing your wealth.

4. Tax advantages

If you are a wage or salary earner or self-employed, you can receive tax deductions for expenses relating to your investment property. (Note: this is currently under review)

Paying less tax increases your monthly cash flow, just another way property investment can provide financial freedom.

For more information on rental properties and taxation, the IRD has some great resources on their site here.

5. Capital growth

Capital growth is simply the increase in the value of your property over time.

Capital growth is how you continue to add to your property portfolio.

As your property grows in value and you reduce debt, you can borrow against your increased equity to buy more investment property.

Property is a long-term investment, and should never be viewed as a way of getting rich quickly. 

If you buy well, however, your very first property could be worth much more than you paid for it by the time you choose to retire.

Buying a cash-flow positive property investment in New Zealand


What is cashflow positive property?

Put simply, cash flow positive property pays for all expenses from the rent received. There are a number of ways to achieve this.

Buying cashflow positive property

Buying property that generates a profit from day one is the dream.

Generally, this is possible in lower-income areas, regional towns or with smaller apartments. With all three of these scenarios, there is risk involved.

Lower-income areas may have less desirable tenants (and before anyone slams me for this, I live in a low-income area, I’m just stating a fact), regional towns can have massive swings in rental demand (ask me about that time my regional property was vacant for 8 months) and smaller apartments or flats can have high turnover.

Creating cashflow positive property

Another way to make your property cash flow positive is to create it. This simply means you increase the rental income produced from the property.

This could involve buying a larger house and splitting it up into flats. Adding on a bedroom will increase the rent.

Subdividing the section or adding a minor dwelling can also increase the amount of income derived from your purchase.

As you can imagine there are costs involved in adding on bedrooms or renovating a property to increase the rent. If you have the time and money/skills available to do this it can work out well.

I personally don’t have the time (as my focus is my online business) so I have rejigged my position and only buy 2 bedrooms units close to the city centre or local amenities like schools, shops and bus stops, which are cash flow positive from the outset.

I still own a 3 bedroom property in a regional area and will likely hold it for the long-term but I won’t buy another like it.

Low maintenance units suit my lifestyle. You will find what works for you.

How to calculate the return

Calculating the return on a property is done in two ways. Gross yield is a quick calculation you can do to work out if it’s even worth attending the open home.

Gross yield is simply annual rent divided by the purchase price.

On my most recent purchase this worked out as Annual rent: ($290 * 52)/$190,000 = 0.0793 * 100 = 7.93%.

Read the case study on my most recent purchase here

Net yield includes the costs associated with owning the properties. This is the number you need to work out whether it’s a good investment or not.

Annual rent (15080) – holding costs (5000)/190000 * 100 = 5.30%

Holding costs include insurance, rates and property management fees.

Council rates vary widely in regional and metro areas.

As an example, we have a house in a regional town valued at around $130k with an annual rates bill of $3000.

One of our rentals in Christchurch is valued at $235k and has a rates bill of $1800.

The Christchurch rental achieves a higher rent and is a much better investment overall, but the purchase price of the regional property was much lower.

Pro tip: Make sure you consider more than just purchase price when assessing a property. Ongoing costs can obliterate your profit.

Property Investment Resources


Since us Kiwis are so obsessed with property, there are a lot of great resources available to increase your knowledge on the topic.

Books and Magazines

The New Zealand Property Investor Magazine is a monthly publication which covers interest stories and investor profiles. It’s a great read. (You might even be able to borrow it from the library)

Books
Online forums and Facebook groups

Property Talk is an online forum dedicated to property investment in New Zealand.

Property Investors Chat Group is a Facebook group run by a master investor.

Both of these forums are a wealth of knowledge. Remember, before you ask a question, run a search as most likely someone asked it before.

Websites

Property websites like homes.co.nz, oneroof.co.nz and qv.co.nz can give you a lot of free information about a property. I always conduct basic research on a property before deciding to attend an open home. I’ll usually check out sales history and get an idea of rates from the local council.

Online courses

iFind Property runs a free beginners course in Property Investment. It’s delivered via email. I highly recommend it. Check it out here: https://www.ifindproperty.co.nz/learn/property-course/

How I plan to build wealth with property

I want to share my own story as an example of what not to do! And also to show that even if you make mistakes, if you learn from them, you can come back stronger and smarter and do better next time.

In 2006 I (along with many others around the world) wanted to hop on the credit bubble and buy an investment property.

To be fair, I’ve always been interested in real estate and came very close to buying my former family home (simply for nostalgia) for 90k in 2002 when I was a 20 year old with a full-time job. Instead of doing that, I asked for a one-way ticket to Australia for my 21st birthday and moved overseas.

(I really should’ve bought that 90k house. It recently sold for 300k  – just one of my many real estate investment mistakes).

In 2006 we (my now husband) purchased a rental property in partnership with my brother and parents. It was a flat for $180,000 in Bexley, Christchurch.

Each of us had a ⅓ share at $60,000. We saved up the 10% deposit and landed a great tenant paying $230 a week.

If you’ve read and understood about yield you’ll know this was a 6.33% return. Not great, and certainly not a level I’d buy at now, but we were young and keen to own a rental property.

Although the rental return wasn’t great, there was equity in the deal. My husband and I were able to secure a $20,000 loan against the property as a deposit for our next rental.

With this money, we purchased a 3 bedroom house on the West Coast of the South Island. This time, the rental yield was very good. The purchase price was $128,000 and rental income was $230 a week giving a gross yield of 9.34%.

We now had 2 investment properties, both financed with interest-only loans and were young and cocky enough to want a third.

We both had good full-time jobs in Australia but we also loved to travel and eat out, so we weren’t great at money management.

Saving was hard but we managed to scrape together enough for a 10% deposit on a one-bedroom unit in Richmond, Christchurch. The purchase price was $123,000 with a weekly rent of $180 for a 7.6% gross return.

At this stage, we had a lot of debt and interest rates were rising, so we put a halt on buying. We still kept paying interest only on the loans (BIG MISTAKE!!) and as our debt wasn’t reducing things started to get tighter.

We then started to get vacancies, long ones. I was even interviewed by The Press about needing to drop the rent on our Richmond flat.

We had trouble with tenants on the West Coast where the population is highly transient. Our flat in Bexley was the only safe bet with a great tenant who really looked after the place.

In 2008 we purchased a house in Invercargill. The purchase price was $135,000 with a rental income of $220/week.

After that, buying was put on hold while we paid down personal debt and saved up for a round-the-world trip.

In 2011 we purchased a home we thought we’d like to live in one day. We purposely bought then as we were planning on travelling later that year and wouldn’t be able to get finance without the security of our jobs.

The NZ dollar was particularly low against the AUD at that point which made it much more attractive. I believe we got around $1.35NZ for $1AUD when we transferred out deposit over in early 2011. Buying a property in NZ from Australia wasn’t too difficult with all documents being signed electronically and us having a good team on the ground in New Zealand.

Our offer went unconditional three days before the Christchurch earthquake.

When the earthquake hit, all hell broke loose. The tenant vacated immediately, the asbestos roof was damaged and we were stuck with a lemon. The house was badly damaged but we’d put our life savings into it and couldn’t walk away.

I remember sitting in my hostel in Cusco, Peru while we were backpacking through South America when the zoning announcement was made. Both our Bexley and Richmond rentals were red-zoned, meaning they could not be rebuilt on the existing land.

My parents home was also red-zoned, and our house, specifically purchased to be near them, was in the green zone but near the boundary. We completed the sale and patched up the house to a rentable standard and returned to Australia.

Whilst back in Australia, we purchased from afar again before embarking on another big trip. This time in a more solid location in South-west Christchurch. 

We signed all the legal documents in a small notary public (notario publico) office in Merida, Mexico. The woman behind the counter was baffled at us buying a house in New Zealand while travelling in Mexico with a baby.

As time went on, it became more and more difficult to manage the insurance claims from afar. In early 2014 we decided to move home and get everything sorted.

Since then we have finalised the claim and sold that large house, accepted cash settlements for both the Bexley and Richmond rentals and are left with 3 properties (2 existing and a new unit we purchased in Christchurch in early 2019).

It is now my goal to purchase a new property each year with the eventual aim of all properties being fully paid off and able to support early retirement for my husband (since I already have a flexible business I don’t intend to retire for a long time).

More Property Investment Tips

If that story hasn’t put you off investing in property here are some things you should know to ensure you get the maximum benefit from your investment property portfolio.

Keep your borrowing separate

If you borrow to invest in property and use the borrowings solely for the purpose of purchasing a rental property, the interest on that loan is tax-deductible. However, interest on loans associated with your private home is not deductible.

Make sure your home and investment property loans are completely separate, otherwise you could have trouble claiming the maximum deduction come tax time.

Hire a professional property manager

Maybe you are trying to run your rental property business on the cheap, and wanted to self-manage? I understand.

Cash flow properties are hard to come by these days, so management is a place you can save a few bucks.

But hear me out. A good property manager is a vital member of your team.

They can advise on things to improve in the property to get you more rent or tell you problem areas to steer clear of when building your portfolio.

In fact, having a property manager carry out a rental income assessment before you buy is a cheap way to get an expert opinion on your property investment purchase.

Plus, if you sign a management agreement with them, they’ll often waive their rental assessment fee.

Property management is a tax-deductible expense, so not only is having a professional property manager a great way to save money on your income tax, but it’s like having access to a dedicated industry expert on an ongoing basis.

I call that a great investment.

Don’t sell (…for at least 5 Years)

Some investing gurus believe you should never sell. But sometimes you just have to get your money out for whatever reason.

If at all possible, try to hang on to the property for 5 years to minimise tax owing on the property. See more about this here: https://www.gra.co.nz/articles-by-matthew-gilligan/bright-line-rule-faqs

Invest in your knowledge

Much like painting a house, most of the work in property investing is in the preparation. Getting educated, choosing an area to focus on and then finding the right property for the best price that will make you money all take time and resources.

Expenses for subscriptions to property investor magazines and property information websites are deductible expenses and will help you to become a more efficient investor.

Investing in property can be a great way to save for your future.

With the right education, an investment in property has the ability to generate income in the form of regular rent and potentially net you a capital gain when it comes time to sell.

It’s also a tax-efficient investment and can be very enjoyable.

If you have anything to add, please do so in the comments below. I’d love to hear your property investment story.

5 Insider Tips to Save Money on Your New Zealand Wedding

Leah from Rosemary & Twine shares her insider knowledge on how to have a wedding on a budget.

Today I’m going to be sharing with you all about a topic that I’ve learnt a lot about over the years, and something that I consider to be a passion of mine.

I have worked in the wedding industry for the past six years, with wonderful brides planning their weddings.

My Top Tips for an awesome wedding on a budget
Photo: Nathan Fertig

5 Budget Wedding Tips from an Industry Professional

I absolutely love everything about weddings and I loved that my job gave me an excuse to obsess over anything and everything wedding-related!

One thing I did manage to pick up on while working in the wedding industry was a few tips and tricks to save yourself money and help you to stay sane throughout the process too!

I’m going to let you in on a few industry insights today.

If you are in the middle of planning a wedding or maybe know someone who is, I hope these tips will come in handy for you!

1. Plan An Off-Season Wedding

This is probably the best tip I can offer anyone planning their wedding.

It is amazing how much money you can save by having your wedding outside of the popular season.

Here in New Zealand, wedding season runs from late October to early April, with the big months being January to March.

Reasons for this are that people really want the best guarantee that they will have nice weather, which is understandable!

If we’re honest though, New Zealand’s weather can be unpredictable at best.

Unless the forecasters are predicting severe drought, there’s no real guarantee that you’ll get a perfectly clear sunny wedding day, even in the height of Summer!

In my opinion, off-season weddings are this industry’s best-kept secret.

Most vendors tend to be quiet and run off-season specials and discount rates.

Suppliers don’t need to fit your wedding in with the 28 other weddings they’re doing the same weekend, so they can be a lot more accommodating to your needs and give you more of their time.

Where some venues are booked up years in advance for popular summer dates (February 14th, anyone?).

Off-season, you will most likely get your pick of dates, as long as they’re May to September (and opposite in the Northern Hemisphere).

The same goes for photographers. Off-season weddings are the best time to ask “what can you do for me?”.

Vendors want your business in their quiet off-season months and are willing to throw in some freebies here and there, so it’s worth asking!

My Top Tips for an awesome wedding on a budget
Matt+Leah Pickering. Photography by Allen Carbon

2. Have an At-Home Wedding

Weddings are a fantastic excuse to head back to your hometown, not only because it’s a great weekend escape for your friends, but also because provincial towns charge much lower rates than big cities.

A little research into venue and vendor prices in small towns might help cut your venue budget in half!

Or help you step up a level of fanciness for the same amount you’d pay for a modest venue in the city.

Beachside baches make great wedding party accommodation, and the local economy can always benefit from your friends and family dropping by for the weekend, not to mention the local caterers, florists, car hire, bottle stores and the like that would love to work with you!

Y’know they’re probably also really friendly too.

Having your wedding at home is also a great way to involve family who otherwise may feel left out of the planning process.

My Top Tips for an awesome wedding on a budget
Photo: Dave Meier

3. Ask For Help

So often it’s easier to do things yourself.

You know how you want it done, and you’d rather just to do it than explain to someone else (and end up re-doing it later, let’s be honest).

The truth is, your family and friends would love to be involved, they just need an opportunity.

I’ll tell you now, doing everything by yourself with no help is not going to work out well for anyone.

Delegating jobs out to people will help them to feel like they have a part to play in this most important of days. Ask talented friends to bring their skill in place of a wedding present.

Tips for saving money on your wedding. You can have an amazing wedding on a tiny budget. A professional wedding planner shares her top tips for saving money and some other things to be aware of when you are planning a wedding on a budget.

Got a hot home baker pal? Get them onto the wedding cake!

That aunt who just has a knack for making things look good? Put that skill to use for the reception table set-up!

Your future brother-in-law is a technical whizz? He can man the PA system.

Your Type-A super-organised friend from college will be perfect for making sure the day runs smoothly.

A wedding is supposed to be about a community coming together, let some of these things off your shoulders so you can focus on the main thing: the getting married bit.

My Top Tips for an awesome wedding on a budget

4. Research Thoroughly and Save Yourself Money

Most wedding dress shops charge a fee to try on dresses.

In New Zealand, it’s usually somewhere around $50-70 for an appointment.

Some stores don’t charge if you would just like to browse without trying on and most should have pictures of their dresses on their website.

You can save yourself hundreds of dollars by looking on their website first and seeing if you like the dresses they stock and if they have free browsing sessions.

Going into a bridal store just to browse can give you a good impression of the store and if it’s a place that you would pay to visit.

I’ve had brides book up to two hours in a boutique with me, only to realise we don’t stock the type of dress they were wanting to try on.

If you don’t know what styles of dresses you like, that’s OK! Most people go into wedding planning with no idea what they would want to wear, it’s completely normal seeing as most of us have spent very little time in formal gowns!

See if there’s a free place to try on and get an idea of different styles, colours and fabrics first and go from there.

My Top Tips for an awesome wedding on a budget
Photo: Ben Rossett

TIP #5 Choose Carefully The Things You DIY

DIY is all the rage these days for weddings, and it’s a wonderful thing!

It’s a great way to save money, get your friends and family involved in wedding preparations and it’s a lot of fun.

Good easy DIYs include invitations and stationery.

Anyone with a home printer can make simple DIY invitations, and there are lots of downloadable PDF files you can buy off places like Etsy for less than $20. Just fill in your details and print!

What’s important with DIY is to cost up your projects before you start them.

By the time you have purchased all the necessary materials and tools to make something yourself, you may have spent more than if you’d just bought that thing ready-made!

It’s also good to avoid feeling pressured to DIY.

Some people love being crafty and would DIY their wedding even if it wasn’t trendy.

Other people just plain hate it and even thinking about getting elbow deep in PVA glue and tissue paper makes them cringe.

If you’re not a DIY person but have friends who love that stuff, recruit them to be your “Creative Team” and hand over all the decorative things to them!

If you trust them and their ideas seem good, let them take that whole area off your hands and create something handmade and beautiful for your wedding.

Thanks for letting me share these tips with you today!

For those people planning weddings, or even big celebrations and gatherings, I hope these were helpful.

10 Easy Ways to Earn Free Gift Cards in New Zealand

One of the easiest ways to save money is to stop spending it. We all know that.

But that doesn’t stop us needing to replace things when they break or buy gifts for the special people in our lives.

One of my favourite money saving tips is to stop using your own money to pay for these expenses.

Use gift cards instead! Free gift cards preferably.

This post will show you where to earn free gift cards NZ-wide and some nifty tricks for getting the most bang for your gift card buck.

10 Ways to Earn Free Gift Cards in New Zealand

Note: nothing is ever really free. No one is going to come up to you on the street and say ‘Hey you awesome person, here’s a gift card’.

That never happens (unfortunately).

But if you’re prepared to spare a little of your time to earn gift cards, it can be quite a lucrative endeavour.

1. Answer surveys with Valued Opinions


We are lucky to have some awesome survey options in New Zealand, and Valued Opinion is my favourite for earning gift cards.

I can easily earn $20 a month in gift cards which adds up to a decent sized slush fund for Christmas – and I could earn more if I put in more effort.

I like that the surveys offered are given a dollar value, so you know you’ll earn $2, $4 or sometimes even $5 per survey.

There’s no confusing points system. They also don’t charge you to cash out.

They send physical gift cards so order them as soon as you qualify to allow time for them to arrive.

Valued Opinions currently offer the following gift cards:

Farmers $20
Rebel Sport $10
Mighty Ape $20
Xbox Digital Gift Card $25
J-B Hifi $20
Subway $10
XBox live 3-month subscription $30
iTunes $20
Super Cheap Auto $20
Hoyts cinevoucher $12 (1 Adult ticket)
Unicef donation $10

Click here to join Valued Opinions>>

2. Sign up for focus groups


Focus groups or market research panels are also a great way to earn gift cards.

Usually, you are required to attend a session with other participants where you will share opinions and ideas on new products or advertising, policies etc. Sometimes researchers will attend your home to interview you.

Payment could be in cash or gift cards.

Click here to find out how to register for research panels>>

3. Test products with Ipsos i-Say

I am so excited that Ipsos i-Say has just launched in New Zealand.

Not only do they offer online paid surveys, they occasionally require users to test products for them.

For your feedback, you’ll be rewarded with gift cards.

Click here to join i-Say New Zealand>>

4. Share your browsing history with Nielsen

Nielsen Digital Voice rewards people for sharing their browsing history, in the form of gift cards or items selected from a catalogue.

You will need to download a piece of software which will sit on your computer and monitor your browsing history.

It will not slow down your computer.

Click here to learn more about Nielsen Digital Voice>>

5. Join Airbnb


If you are new to Airbnb, using the link below will get you a $50 credit towards your first trip.

Whilst this is technically not a gift card, it is an online discount and Airbnb is a great way to travel on a budget so I highly recommend signing up.

Get your Airbnb credit here>>

6. Join the Flybuys Survey Panel (Colmar Brunton)

You can boost your Flybuys points by completing surveys with Colmar Brunton.

This is a great way to earn free gift cards through the Flybuys program.

According to the Flybuys website “… for every 10 – 15-minute online survey you complete, you’ll get a minimum of 10 free Fly Buys points”. Not bad at all!

Flybuys members can learn more here>>

7. Do battles with Toluna

Toluna is one of my favourite New Zealand survey sites because they offer a lot more than just surveys.

You can sign up for quizzes, do battles with your friends and of course, complete surveys.

Whilst Toluna offers an option to receive cash rewards with Paypal, they also have a huge range of gift cards for redemption.

Click here to join Toluna>>

8. Enter competitions

Would you believe there are people out there who win thousands of dollars in gift cards and other prizes each year?

They are called compers, basically, people who boost their income by entering competitions at an almost professional level.

I was lucky enough to receive an email from a lovely comper called Rae who shared her tips on how to win competitions with me.

You can read Rae’s tips here

9. Become a mystery shopper


Mystery shopping is a great way to get free gift cards. Whilst you technically have to spend the gift cards in the store you have been assigned to, it’s still free!

You can find the mystery shopping companies in New Zealand here

10. Sign up for multiple survey sites

I’ve already mentioned Valued Opinions and Toluna as great options for earning gift cards but there are loads more survey sites in New Zealand where you can build a healthy stash of gift cards.

Check out this post for more information on the best survey sites in New Zealand.

I hope these ideas will help you save some cash.

Do you have a favourite way of earning gift cards to save cash?

Read next: 20 Money Saving Tips Every Kiwi Needs to Know

Frugal Living in New Zealand

When it comes to frugal living, NZ is truly the land of milk and honey.

We have fertile land and abundant water.

Which is pretty lucky considering the high cost of living and low wages we have here.

That said, I still think it’s possible to save money in New Zealand.

Here on the blog, I’m sharing my best tips for saving money, as well as ideas for getting free stuff and spending less in general.

Frugal Living in New Zealand

Keep checking back as we update this New Zealand frugal living resource with new content designed to help save you money.

How to Become a Mystery Shopper in New Zealand

Being a parent and trying to juggle a job – even a part-time job – is a huge challenge.

With endless commitments and unexpected tasks cropping up every day, it’s hard to find something with a flexible schedule.

By signing up to be a mystery shopper NZ mums can find the perfect side gig.

You can choose when to fit in your assignments and select the number of jobs to suit your lifestyle.

It’s a great way to bring in some extra money without the stress of conforming to the rigid hours of a regular job.

What is a mystery shopper?

Businesses are always looking for ways to improve their customer’s experiences and ensure they are providing top notch customer service.

In today’s online world, one bad review can spread rapidly and have a serious impact on your bottom line.

Mystery shoppers are everyday people who are hired – usually by a middle-man specialist company – to assess different aspects of a business and report back on their experiences, helping the company or business to improve.

Who can be a mystery shopper?

Almost anyone can be a mystery shopper, although most companies require a minimum age of 18.

Whether you’re a stay at home mum or dad, senior citizen or student, you are a candidate to be a mystery shopper.

Some agencies cater their jobs to meet your areas of interest or expertise, but generally, they’re looking for the average consumer – which is all of us!

Preferably, you’ll need your own transport to get to your mystery shopping locations, but there’s nothing to say you can’t jump on a bus to get there.

You’ll also need access to computer and reliable internet, as most of the feedback is done online.

It may also be beneficial if you have a phone with a camera, in case you need to take photographic evidence of anything.

What skills do I need to have?

Computer skills – You’ll need to have basic computer skills in order to complete online feedback and communicate with the agency you have signed up with. This won’t be anything too technical, however.

Good communication – You should be able to read, write, and speak clearly and effectively. This is essential both during your mystery shop and during the feedback process afterwards. You may be required to submit detailed written reports of your shopping experience.

A good grasp of English – Although English doesn’t have to be your first language, you will need to be able to communicate well enough to provide thorough feedback, written or verbal.

Attention and focus – Before your shop, you’ll be provided with in-depth information on the task/s required of you, which may include a detailed list of instructions and things to look for.

To be an effective mystery shopper, you’ll need to memorise all this info.

Along with these skills, mystery shopping agencies are looking for the following attributes:

  • Reliable and conscientious
  • Honest
  • Hard working
  • Good observation skills
  • Ability to meet deadlines
  • Ability to follow instructions accurately
  • A good memory

Want to be a secret shopper? NZers can sign up with these companies to start making money today.

What kind of things will I be doing?

Every assignment will vary, depending on the business and their requests.

Your job may be as straightforward as going into a shop and buying a specific product, then reporting on facets of this process, or you might be visiting to ask for details about a service.

You could be shopping, eating dinner at a restaurant, taking a tour, staying in accommodation, or making general customer enquiries.

You could be asked to evaluate the cleanliness of a store or the orderliness of product displays or give feedback on the staff you interact with.

Some businesses merely want you to visit competitors and find out how much they charge for various products and services.

Other jobs might require you to be a bit more hands-on; for example, visiting a bank and asking about a loan.

After you have completed the job, you will generally log into your agency’s website and input your feedback online.

Some feedback may be in the form of multi-choice answers, but many require you to be as specific and detailed as possible.

How much can I make?

Payment varies depending on the scope of the work.

Similarly to online surveys, time-consuming and technical assignments will be paid more than easy jobs.

Generally, assignments start at around $20 per shop.

You may get benefits other than money, such as free meals or drinks, free accommodation or products.

Unless it’s agreed prior to the job, you will be reimbursed for any products or services that you purchase.

The number of assignments you get will vary. If you live in a remote, rural area, there may be very few jobs available.

Those living in cities tend to get a lot more options.

You don’t have to commit to a certain amount of jobs per month, and each agency has different availability and assignments.

In general, you may get between one and five assignments a month, depending on where you live.

Note that with most of these companies you are considered to be an independent contractor, not an employee.

You’ll still need to pay tax on your income.

How to find Mystery Shopper Jobs in New Zealand

By becoming a mystery shopper NZ mums can earn a little extra cash and work when it suits.
There are many agencies operating around New Zealand that are actively looking for mystery shoppers to join their ranks right now.

Following are the top five that we’ve dug up, so you can sign up and get to work straight away!

Mystery Shop Network New Zealand

This New Zealand based consulting company offers services that measure customer service and research competitors for their clients.

They are members of the international Mystery Shop Providers Association.

Visit their website here: https://mysteryshop.nz/shoppers/

Hoed Mystery Shopping NZ Ltd.

Hoed has the largest database of mystery shoppers in NZ and Australia.

They tend to give assignments based not only on location but also on the shopper’s background and knowledge base.

Jobs may be online visits, retail visits or phone calls and they estimate you will get an average of one to five jobs per month.

Visit their website here: https://hoed.co.nz/shopper-application/

Customer Care

This is a market research business that provides customized mystery shopper programmes throughout NZ and Australia.

They pride themselves on individually training each shopper and you will be evaluated using a rating system for accuracy and details.

Visit their website here: https://my.customercare.co.nz/shopperSignup.asp

The Realise Group

The Realise Group is one of the leading mystery shopping companies in Australia, but are on the hunt for new shoppers throughout NZ, particularly in the North Island.

Jobs are posted on a Job Board and you can select any that are relevant and apply online.

The number of jobs could vary from 1-10 a month, dependent on a variety of factors.

Visit their website here: https://therealisegroup.com.au/become-a-mystery-shopper

Service Integrity

This appears to be more of a boutique, specialist company that operates in Australia and New Zealand.

They are very into their neuro-science with regards to buying behaviour.

Once you are registered with them, you can log into the website to find assignments in your area. Registration is free.

Visit their website here: https://www.serviceintegrity.com.au/become-a-mystery-shopper/

Read next: 15 Places to Get Free Samples in New Zealand

16 Lucrative Ways to Make Money Online in New Zealand

If 2020 has taught us anything, it’s that there’s no such thing as a safe job.

As we live through the turmoil, people are discovering how much they love working from home and some are wondering how to make money online so they can switch to this lifestyle permanently.

I must admit, earning an income online is pretty great.

I am a mum who makes a full-time living, working from home in school hours only.

I never go into an office or need to answer to anyone but myself. 

Committing to finding a way to make money online was the best financial decision I have ever made. 

I thought if I share everything I know about different ways to make money online, NZ readers might be able to find a way to earn extra income from anywhere with an internet connection.

If working online interests you – there are so many opportunities. 

And there has never been an easier time to earn money online from New Zealand.

With the rise in fibre broadband installations across the country, we have a world-class broadband service making internet access faster and easier than ever before. 

Whether you want to make extra money, work from home or become an online entrepreneur, I hope you’ll find something useful here.

16 Ways to Make Money Online – NZ Edition!

Since my entire income for the last four years is from making money online from New Zealand, I wanted to give you a helpful list of ways to make money online (and from home) from Aotearoa.

Note: Just because you’re in New Zealand, doesn’t mean you have to restrict yourself to customers here. In fact, I recommend you don’t.

We are a very small country, and depending on the type of business you offer, you might have more success in targeting customers in Australia, the United Kingdom or even the United States.

Over half my income comes from the United States, even though I live in New Zealand.

1. Take paid online surveys

Taking surveys for money is an excellent boost to your online income. You can easily earn over $200 per month if you sign up for multiple NZ survey companies.

My favourites include Valued OpinionsOpinion World and Pureprofile.

If you want to make money from paid surveys, I recommend you join all three to maximise your chances of always having a survey available.

I have written a more in-depth review of some of the best-paid surveys NZ has to offer here.

2. Share your online activity

Nielsen Digital Voice rewards you for sharing your online activity.

The simplest of extra income ideas, Nielsen Digital Voice requires you to install a secure piece of software on your computer.

Nielsen states the software will not slow down your computer or impact performance in any other ways.

Online surveys and other earning opportunities will then appear on your computer as pop-ups as they come available.

You must be the owner of any computer you install the software on and over 18 years of age to participate. Join Nielsen Digital Voice today.

3. Scan your groceries

Did you know Nielsen Homescan rewards you for scanning the barcodes of your groceries?

This is an easy way to earn vouchers, redeem for items and win prizes in New Zealand.

Once you’ve completed signup, you will be sent a handheld scanner in the mail.

The information you enter is transmitted weekly.

Then your account is credited with points which you can use to redeem a range of items from a catalogue including electronics, gift cards, toys and household items.

Click here to join Nielsen Homescan

Looking for ways to make money online from New Zealand? This list of ways to earn money from home in New Zealand is a great start. There are loads of opportunities for make money online NZ, so hop to it!

4. Get cashback and free signup bonuses with Ebates

Ok so this isn’t technically a way to make money, more a saving money tip – but I earn a couple of hundred dollars (US dollars at that!) each year by using Ebates for my online purchases.

Since I buy almost all my books from Book Depository and do travel bookings with hotels.com and booking.com – this really adds up.

Two things to be aware of – you’ll need a Paypal account for payment. That’s easy and free to set up here and simple to transfer from Paypal to an NZ bank account so you can actually spend the money.

You’ll also get $10USD free when you make a $25USD qualifying purchase when you join with this link.

Sweet USD cash back!

Ebates will only pay you once your balance hits $5USD, if it’s under the threshold your balance will roll over to the next quarterly payment period.

I’ve been with them for three years and never had a problem getting paid. Plus, it’s money I was going to spend anyway so I’m in love with Ebates.

Click here to join Ebates today

5. Start a Service business

Offering a service from home is the simplest way to get started making money online.

You could use the skills you’ve acquired throughout your professional life to build a repertoire of offerings such as appointment making, proposal writing, procurement, travel bookings, personal shopper.

If you are prepared to work away from the computer you could use your skills to do the cleaning, ironing and other tasks for customers. Here’s a handy list of home business ideas to get you started.

6. Become a Freelance Writer

Can you string a sentence together? If so, freelance writing is an excellent way to work from home, NZ and overseas businesses always need content for websites, memos, press releases and more.

Freelance writing was how I got my start working online from New Zealand.

I used Upwork to build a profile and wrote for publications in Australia and the U.S.

It was a little difficult writing in American English but the money was worth the effort.

7. Data entry

If you have experience and can type quickly and accurately, data entry jobs from home could be just what you’re looking for.

Check out Upwork, Fiverr and Freelancer.com as well as Trademe and Seek.

8. Customer service

CSR’s (Customer Service Representatives) are the most commonly occurring jobs under Seek’s Work From Home listings.

If you’ve got experience, working from home as a CSR is one of the simplest transitions to make as most employers will provide you with the full setup from home.

9. Test websites and provide feedback

You can earn money from home in NZ by testing other people’s website.

You’ll earn $10USD per 20-minute test.

You’ll need a good internet connection and very clear spoken English.

User testers provide valuable feedback to website owners about website navigation and use.

Click here to read more about becoming a user tester.

10. Become a Virtual Assistant

If you have experience as a personal assistant, executive assistant or in general office administration, starting a virtual assistant business from New Zealand could be your most profitable route.

Click here to read more about becoming a virtual assistant.

11. Proofreading

Proofreading is becoming a more popular way to make money from home.

If you have an excellent eye for detail, becoming a proofreader is a business you can do from anywhere.

12. Become a transcriptionist with REV

Can you type quickly and accurately? Becoming a REV transcriptionist might be a great way for you to earn extra money from home.

Transcriptionists turn audio files into typed documents using a free online editor developed by Rev. You’ll need to be able to listen closely and type what you hear.

You can earn between $0.36USD and $0.45USD per audio minute of transcription.

You can pick and choose jobs that interest you. Payment is made weekly via Paypal.

Learn more about becoming a Rev transcriptionist here.

13. Review music

Love music? Record companies and indie publishers appreciate feedback before going to market with new music.

Check out slice the pie to be rewarded for sharing your opinions on new music before it hits the charts.

14. Affiliate Marketing

Affiliate Marketing is when you promote a product on a website or social media and receive a commission on any sales made from your referral.

It can be a lucrative business to make money through internet marketing but you’ll need to grow an audience of potential purchasers first, which means affiliate marketing is a long game.

Affiliate marketing is how I started to make money from my blog and now makes up over 60% of my online income, which is great as affiliate marketing can be truly passive income.

15. Blogging

Blogging is how I make the bulk of my income online. I run my blog as a business now, but for many years it was just a hobby.

If you have a special interest in a particular topic, blogging can be a great way to get started making money online.

Blogging income comes from many different sources including sponsorships, affiliate marketing, advertising income, course sales and more.

At last count, my blog had 8 income streams which pay me each month.

The great thing about a blog is how easy and cheap they are to start off.  Click here if you learn more about how to make money blogging. 

16. Teach English online

Teaching English online is a relatively new field for Kiwis. That’s because a lot of countries prefer American English speakers, but a new company called SayABC are open to hiring Kiwis with the right experience and qualifications.

You can earn up to $21USD per 40-minute lesson and work as much as suits you.

During the week, lessons are mainly at night (starting 6 pm Beijing time – 11 pm New Zealand time!). On the weekends they are all day long so you can really make a lot of extra cash on top of your Monday-Friday gig if you hustle hard.

You’ll need to be a native English speaker with a bachelor’s degree in any field and some teaching experience.

Check out SayABC for more info

As you can see there are lots of ways to starting making money from the internet, even in New Zealand. I’ll add to this list as I discover more ways to grow my income online.

Do you make money online? Any tips to share?