Credit Cards
I once had a neighbour who bought something extravagant and told me it had just gone on the 'plastic', probably not realising what that would cost.
If you owe $1000 and just pay off the 3% minimum AFTER they've added 2% interest each month, it would take 13 years and 4 months and the total paid would be $2478.68
Calculations attached. Assumes 24% p.a. and must pay at least $10 each month.
Poll: Should the government levy industries that contribute to financial hardship?
As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙
One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.
So we want to hear what you think:
Should the government ask these industries to contribute?
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60% Yes, supporting people is important!
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25.7% No, individuals should take responsibility
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14.3% ... It is complicated
Poll: Are you a Te Huia fan?
All three Hamilton MPs appear to be united behind the retention of the Te Huia passenger rail service between Hamilton and Auckland, as well as potentially expanding it to Tauranga.
But whether Hamilton East’s Ryan Hamilton, Hamilton West’s Tama Potaka and soon-to-be Labour list MP Georgie Dansey have the combined power to shunt transport minister Chris Bishop and Prime Minister Christopher Luxon onto their line of thinking remains to be seen.
Are you a Te Huia fan? Tell us more in the comments (adding NFP if you don't want your words used in print).
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82.7% Yes
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17.3% No
Wild weather in the Waikato
The Waikato really copped it over the weekend, with wild weather leaving a hefty clean-up bill that may run into the millions.
While things are looking calmer in the days ahead, there are still plenty of slips and flooded roads across the district — so if you’re heading out, take it easy and stay alert.
We want to know: How did you and your whānau get on over the weekend?
Want to see what recovery will look like from here? The Waikato Times has the latest.
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