The University of Waikato - Te Whare Wānanga o Waikato
Waikato Home Waikato Home
Staff + Student Login

March 2014 Archives

Insurance is a means of hedging risk, which is a fancy way of saying we use insurance to manage our risk exposures for car, home, travel, health etc. We pay a premium (fee) for an insurance company to bear the risk. However, do we know what we are really buying?

 

| | Comments (0)

With freedom comes temptation to spend and it won't necessarily be a stairway to heaven.  Get advice early if troubles start to arise.

 

)
| | Comments (0)

Mention the need for a budget and people want to head the other direction. Unfortunately for many the other direction is a stairwell to financial disaster. We need to think about the basic issues, we need to be financially literate to live long and prosper. 

)

| | Comments (0)

Reading between the lines is an expression which suggests a need to: to try to understand what is meant by something that is not written explicitly or openly and in financial literacy this is a very necessary skill.  Diana Clement: Be cautious with credit card travel insurance, http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11215966  points to some really interesting pitfalls.  We might think that everything is covered but not so.

The need to understand legal wording is often beyond most of us; it is good to know that there are services like the Insurance Ombudsman to whom we can turn.

 

| | Comments (0)

Financial literacy is lacking for many of us and the causes, the potential remedies and the costs all require careful research.

 

| | Comments (0)

April 2014

Sun Mon Tue Wed Thu Fri Sat
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30