Is Kiwisaver "worth it"?  One of the most common questions I get asked.   The simple answer is absolutely!! My Kiwisaver figures are above, the one on the left is the amount I have contributed, the top line is what I have personally put into it.  The numbers on the right are what my Kiwisaver balance is today. I have been in Kiwisaver since day one so a long time now, but the deductions from my salary over the years has been $42,603, my Kiwisaver net balance is $114,368. Basically, the return is ridiculously high, I challenge anyone to get a this type of return on investment anywhere.  When people say, "I have lost $5,000 on my Kiwisaver, it is ripping me off"  I challenge them to look at these two screenshots for themselves. The one on the left is from the Inland Revenue Department and anyone can get it in about five minutes by logging in, or longer if you have to call them, unfortunately the wait time can be horrendous.  I feel for the people that work there act

  Often we quietly sit and continue to pay our bills as we always have, the way they were initially set up by the person (not us) that set them up.  It makes no difference really does it?   Believe it or not, it makes a massive difference to your bottom line.  We are wasting heaps of money each day by turning a blind eye to this. Most bills we should just pay on their due date, for the total amount due.  Especially those that change from month to month, power, water rates, internet, phone etc.  Just pay them when they are due to be paid, often you get a discount for payment on time.  Great!  Keep doing that. When it comes to insurances, they almost always offer a substantial discount for paying annually.  If you possibly can this is the way to go.  You will be the only one who knows if you can afford to do this. If you can that's great, you can also alternate between paying regular payments through the year and sometimes paying annually.  It is perfectly ok to swing from one to the