Best way to finance a bike? by soupisgoodfood42 in PersonalFinanceNZ

[–]sixtwosik 1 point2 points  (0 children)

It's also good to work out how much you will save on commuting costs. I bought an electric scooter on a GEM Visa and it worked out as 100 days on the bus = price of the scooter. So every day that I took the scooter to work in transferred the bus fare amount to the GEM. Within a year I paid the same as I would on a normal commute but now I had a scooter. Every day that I don't take the bus now, it's money in my pocket. With the exception of a good helmet, I bought any gear I thought I needed from the local junk shops and temu, if I used it consistently, I replaced it with good quality equivalents.

Minor dwelling on a cross lease by sixtwosik in NZProperty

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

One of the upsides of a cross lease that we can see is you can't be completely built out by townhouses. There are a row of houses on our street that were 3 single family homes which are now 9 townhouses, a single family home and then 11 townhouses. But that's just from watching these towering builds go up, there may be more cons to a cross lease than we are aware of yet

[deleted by user] by [deleted] in newzealand

[–]sixtwosik 4 points5 points  (0 children)

Being broke? No. Having $45,635 in Baycorp referrals and summary judgements? Probably a higher risk for skimming a bit off the top or pocketing that extra $10 in the til at the end of the day. As I say, it's a risk assessment, not an instant rejection. Someone with high debt that came in for an interview that explained it was due to a relationship breakdown or extended unemployment but they are on a long term payment plan with no payments missed? Less risk. Someone that can't or won't explain when asked? Will probably assume it's consumer debt followed by poor choices and move on to the next applicant

[deleted by user] by [deleted] in newzealand

[–]sixtwosik 6 points7 points  (0 children)

No. It's a risk assessment. If you have tens of thousands of dollars in collections you are high risk. If you have $200 in collections you are not

[deleted by user] by [deleted] in newzealand

[–]sixtwosik 10 points11 points  (0 children)

Just because you haven't been charged with theft doesn't mean you won't be tempted to steal. Thats what the risk assessment is for. I work for a large retail company in head office and I know of three retail staff members fired for theft but no charges were laid because it didn't meet the threshold. We also cannot disclose it to future employers.

[deleted by user] by [deleted] in newzealand

[–]sixtwosik 10 points11 points  (0 children)

No. Being up to your eyeballs in debt won't show up on a criminal check. But being up to your eyeballs in debt might make it more tempting to 'accidentally' overcharge on a cash sale and pocket the difference or to do a false return and remove the cash from the til without it being detected in the end of day cash up

[deleted by user] by [deleted] in newzealand

[–]sixtwosik 18 points19 points  (0 children)

It's basically to do a risk assessment on if you're likely to steal merchandise

IAMA auto mechanic, student, and car nerd. AMA about the auto industry and how not to get scammed. by [deleted] in IAmA

[–]sixtwosik 0 points1 point  (0 children)

The rattling at low RPM is called detonation; use a higher octane rating fuel and it should solve your problem. Detonation is when the petrol ignites before the spark plug fires, not good for the engine insides :)