Cooking The Books

Each week the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's how high house prices are changing the way we manage our money. Hosted by Frances Cook. You'd have to be living under a rock to miss all the chat about housing, what with the soaring prices and the Government bringing in new rules to try to bring it under control. While it's good that action is being taken, it's always a long-term game. We'll have to wait to see how many of the housing changes make impact in reality, and there's usually a lag effect where even successful measures take a while to work. Now while I do think that owning your own home is important for your financial security, I strongly believe that it's not the only thing. In fact, even if you were to buy your own house and then stop there, I'd argue that you're not looking after your financial future properly.I also don't buy into the idea that property is the best way to invest.So if you're feeling frustrated by all of this, you do still have opt