Assets

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Who's better off?

Kiwi Story

Hine and Harriet, both aged 23, were working out their net worth with the help of Sorted's net worth ...

Trusts - Elizabeth and George

Kiwi Story

Elizabeth and George transferred most of their assets into a family trust some years ago. George was ...

Spending financial assets

Kiwi Story

Richard and Lynne have just retired. Richard is 67 and Lynne is 65. They own their home (value about ...

Know the value of your qualification

When you borrow to get an education, you are investing in a valuable asset; one that you hope will boost both your career prospects, your quality of life, and your future

Managing trusts

Being a trustee means looking after other people's assets (even though you might be a beneficiary yourself there will be other beneficiaries and you are looking after the trust's assets for them as

Advantages

People form family trusts for all sorts of reasons. Here are some of the most common:

Think before you go into debt

Going into debt is a big decision. When you have debt, your life options start to become far more limited.

Glossary: debt
Debt is what you owe - it comes in many forms, including mortgages, personal loans, credit card balances, hire purchase agreements, loans from family.

Net worth

Your net worth is the difference between the value of what you own and the total amount that you owe.

Glossary: net worth
Your overall financial position - the value of your assets minus your debts. Or the difference between what you own and what you owe.