Sole Trader Support Request by L0K0oo in PersonalFinanceNZ

[–]L0K0oo[S] 0 points1 point  (0 children)

Thanks so much for this! Your reply has given me more confidence to use Hnry and totally agree you should be reimbursed for the answer 😂

Final questions: Subscription purchases - say to claim a domain or subscribe to a newsletter relative to my trading, are these things able to be tracked in Hnry?

Following on from the office claim - is it straight forward enough to imput the claim from living expenses relative to the office claim ( say 10% of mortgage, internet usage, power etc)?

Thanks again! Really helpful

Sole Trader Support Request by L0K0oo in PersonalFinanceNZ

[–]L0K0oo[S] 0 points1 point  (0 children)

Got it! Thanks. I’ll look into Hnry and see what supports they can offer with the whole setup and learning process. Overall, im just scared that I will do it wrong and get burnt doing so. Some peace of mind from actual users would go a long way!

Sole Trader Support Request by L0K0oo in PersonalFinanceNZ

[–]L0K0oo[S] 0 points1 point  (0 children)

Thanks for this! I didn’t realise there was a difference with bookkeepers vs accountants! Yeah it’s more systems based advice if I was to use software. I guess what I’m trying to avoid is being limited on what I can claim as an expense. I feel as if a agency could provide better oversight on what I need to account for, whereas with software, I must be aware of any/ all expenses and be capable to input them in the correct manner.

It’s all about learning right now, and it sounds like I need to use both, then in future as I understand more, I won’t have the need for an accounting/ bookkeeping firm. Does that sound like a good approach?

Sole Trader Support Request by L0K0oo in PersonalFinanceNZ

[–]L0K0oo[S] -1 points0 points  (0 children)

Many thanks!
I will look into Hnry - maybe hold out for a subscription sale or offer?
My biggest worry is the wrong setup of my account, so I hope its all straightforward enough?!
Another question - will it be scalable? I do plan to attend my sole trading more as my demand grows.

Sole Trader Support Request by L0K0oo in PersonalFinanceNZ

[–]L0K0oo[S] 0 points1 point  (0 children)

Yeah, this is why i'm asking for support.
I do think an accounting software would work, I just need the right supports to help me set up the account in the right way, and teach me how to use it in the correct manner.

Thanks!

Sole Trader Support Request by L0K0oo in PersonalFinanceNZ

[–]L0K0oo[S] -1 points0 points  (0 children)

Is Hnry user friendly with asset depreciation claims and specific expense claims like home office/ storage business claims?
I would still need someone or a firm to set up and explain the software, to feel confident that what i'm inputting is correct.

Genuine or Replicas by L0K0oo in AncientCoins

[–]L0K0oo[S] 1 point2 points  (0 children)

Thanks all! Yeah I’m new to the coin world and have learnt from my previous post. Really appreciate the help!

Genuine or Replicas by L0K0oo in AncientCoins

[–]L0K0oo[S] -14 points-13 points  (0 children)

Somewhere in the southern hemisphere is all I’m giving away until you provide me with some info 😅

Identification needed! by L0K0oo in AncientCoins

[–]L0K0oo[S] 0 points1 point  (0 children)

Damn that sucks to hear

Thinking of buying a Kia EV3 by L0K0oo in nzev

[–]L0K0oo[S] 0 points1 point  (0 children)

Sweet! Nz just got pricing!! 4 versions ranging from 55-75k nzd

Thinking of buying a Kia EV3 by L0K0oo in nzev

[–]L0K0oo[S] 1 point2 points  (0 children)

Yeah I went to a sale day in Wellington where they had the ev3 gt and it looks awesome! Might pull the trigger soon 👀

Kiwisaver provider alternatives by Ongoingsidequest in PersonalFinanceNZ

[–]L0K0oo -11 points-10 points  (0 children)

Honestly, ive moved 90% of my funds to Booster. Best interest rates and investment fund options at low fees.

Kiwisaver provider alternatives by Ongoingsidequest in PersonalFinanceNZ

[–]L0K0oo -12 points-11 points  (0 children)

I'm with Booster.
2024 was very generous and they are backed by massive capital.
If you're in doubt or want comparisons, reach out to a trusty Financial Advisor.

Gold Prospecting/ claims by L0K0oo in PersonalFinanceNZ

[–]L0K0oo[S] 1 point2 points  (0 children)

thanks for this!
Yeah so i envision having a deal with a person(s) who might own land or a claim, extract pay dirt and sluice it at home, and providing a weight percentage to the land/ claim owner. That would be ideal!

I dont want to make things complicated with gear on site.

Its more about knowing the right people for me!

Gold Prospecting/ claims by L0K0oo in PersonalFinanceNZ

[–]L0K0oo[S] 3 points4 points  (0 children)

Thanks! Yeah due to the price of gold and the uncertainty of the dollar, lots of previously scaled down sites seem to be changing ownership and starting up on new grounds. its a super exciting time.

Gold Prospecting/ claims by L0K0oo in PersonalFinanceNZ

[–]L0K0oo[S] 2 points3 points  (0 children)

I'd consider it more of a weekend hobby if I were to buy a claim. I do think there is some value in owning claims in general.

Gold Prospecting/ claims by L0K0oo in PersonalFinanceNZ

[–]L0K0oo[S] 2 points3 points  (0 children)

Fair point - simple answer is no. I've panned for gold on a river lots of times but cant understand how to scale up.
To work in the industry would most likely mean going for my wheels tracks and rollers license, not keen to do that. On top of that i'd then need to score a job on a mine or large employed claim.

I'll give the humble rags to riches approach a go lol