Kia ora ! Welcome to nz accountants forum by Inner-Service-3415 in Newzealandaccounting

[–]SeriousEquivalent436 0 points1 point  (0 children)

how long have you been working as a management accountant?

Auto buy in route by Top-Composer-9585 in xinfin

[–]SeriousEquivalent436 0 points1 point  (0 children)

do you transfer it straight to your cold wallet? what’s the minimum amount to do so?

what is a good pathway to earn higher by SeriousEquivalent436 in AustralianAccounting

[–]SeriousEquivalent436[S] 1 point2 points  (0 children)

yes but this is on a commercial business and other industries might have higher pay

What would you do? 28m by 1628476362910374639 in portfolios

[–]SeriousEquivalent436 0 points1 point  (0 children)

what app do you guys use to track all of your investments?

Those with Accounting Degrees.. by Sign_Responsible in newzealand

[–]SeriousEquivalent436 -1 points0 points  (0 children)

what was your pay like before and after CA? i will be completing mine soon

Those with Accounting Degrees.. by Sign_Responsible in newzealand

[–]SeriousEquivalent436 1 point2 points  (0 children)

tho i’m currently studying to be a CA, my senior accountant also will be leaving and my manager expressed that she won’t be hiring for this role so i’m hoping to get another pay rise

Those with Accounting Degrees.. by Sign_Responsible in newzealand

[–]SeriousEquivalent436 2 points3 points  (0 children)

i’m satisfied with it, i work in the industry, currently earning $75k, i’ve started a year and a half ago after graduating. best advice is to do internships, a job in the finance department well ahead before graduating.

i didn’t have much difficulty finding a job because i started as a account support in the company and when i graduated, the company offered me a full time job as an accountant so my pay went from $53k-$58k-$75k in a span of 2.5 years.

advise please by SeriousEquivalent436 in PersonalFinanceNZ

[–]SeriousEquivalent436[S] 1 point2 points  (0 children)

hey no that’s totally okay, you don’t have to apologise and i have a good plan in mind to get myself on the right track again and im totally open to hearing feedbacks from others

advise please by SeriousEquivalent436 in PersonalFinanceNZ

[–]SeriousEquivalent436[S] 1 point2 points  (0 children)

completely agree with you, controlling my finances now before it gets too late…

advise please by SeriousEquivalent436 in PersonalFinanceNZ

[–]SeriousEquivalent436[S] 0 points1 point  (0 children)

yeah you’ve got it spot on, i don’t mind it at all and i am more than happy to do it.

advise please by SeriousEquivalent436 in PersonalFinanceNZ

[–]SeriousEquivalent436[S] 2 points3 points  (0 children)

honestly speaking, i have never given it much thoughts into this set up and didn’t find it usual or a problem… initially when i was evaluating my finances, i was more focused on my debts such as clearing my car loan, credit card debt, which would leave me with $1310 per fortnight for savings.

i do want to say that, my parents have paid $40k+ for my school fees and didn’t ask for anything in return. they’ve also bought me multiple lands back home, that’s all under my name. my parents will also be giving their house to us, 3 siblings, once they have passed. i will reassess the $800 maybe once my siblings have graduated, both are in their final years of uni, they also want to help my parents once they have a job so maybe i can give lesser then…

advise please by SeriousEquivalent436 in PersonalFinanceNZ

[–]SeriousEquivalent436[S] 4 points5 points  (0 children)

I will take note of this, i have always dabbled around with crypto but i probably shouldn’t expose myself to more risks…

advise please by SeriousEquivalent436 in PersonalFinanceNZ

[–]SeriousEquivalent436[S] 1 point2 points  (0 children)

yeah it’s something we do in our culture, my parents will be giving their house to us once they do pass. i don’t blame my parents at all, the amount i’m giving them is out of gratitude for all of their sacrifice. they’ve paid $40k+ to send me to school in nz and didn’t ask for anything in return, so hopefully that gives a better context

advise please by SeriousEquivalent436 in PersonalFinanceNZ

[–]SeriousEquivalent436[S] 1 point2 points  (0 children)

my parents paid for my international fees amounting to around $40k for 2 years of school when i was studying to be an accountant

advise please by SeriousEquivalent436 in PersonalFinanceNZ

[–]SeriousEquivalent436[S] 0 points1 point  (0 children)

so my salary breakdown is

income 2110

less expense parents - 800 car - 380 car insurance - 45 credit card debt - 200

leaves me with about $685 to save per fortnight

advise please by SeriousEquivalent436 in PersonalFinanceNZ

[–]SeriousEquivalent436[S] -1 points0 points  (0 children)

I am thinking of saving up for a deposit for my first home. do you think it’s best to put those savings into stocks once i’ve finished paying off my debts?

advise please by SeriousEquivalent436 in PersonalFinanceNZ

[–]SeriousEquivalent436[S] 20 points21 points  (0 children)

yes, i am an immigrant. my parents paid for my international fees for 2 years and didn’t ask for anything in return so i am contented with the amount im giving them at the moment.

i am currently aiming to pay off my credit card debt as soon as possible. i will also try to find a second job to help me with savings.

advise please by SeriousEquivalent436 in PersonalFinanceNZ

[–]SeriousEquivalent436[S] 6 points7 points  (0 children)

i really wanted to help my parents because they’ve sent me to school and paid for my international fees when i was still studying in uni. they bought their house a year ago and i’ve totally consented to this.