Mon Jun 4: Passion for success; Money skills for kids; Secret super stash

Published: 7:36PM Monday June 04, 2007

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Secret Super Stash
Imagine this, there's money sitting in an account, in your name and you don't even know about it. It all goes back to the last time the Government tried to set up a personalised state run super scheme. It was the mid-70s but when National won the next election Rob Muldoon scrapped it.  However thousands of workers who were part of the compulsory scheme never claimed their money back. They may not have realised it was still in the fund but still there it is, gaining interest every year. For the majority this unclaimed amount is only a few hundred dollars. But there are exceptions. Damian Christie travelled to Oakura in Taranaki to meet one of them. Now if you think you might have some unclaimed money in the National Provident Fund, a special 0800 number has been set up. It's 0800 22 83 67. Or go to their website and click on the button marked "unclaimed monies".

Money Skills for Kids
Credit has never been more readily available to us than it is now. We owe an average of $100,000 per person and yet only half of us have mortgages. Collectively, we owe $4.5 billion on our credit cards. For every dollar we earn we're spending $1.15. The concept of saving has been lost on us. Kiwisaver will launch in less than a month but that in itself will not turn us into a nation of savers. A change in attitude is required and financial planner Jenny Mahoney believes it needs to start young Sofia Wenborn finds out how quickly kids learn the value of a dollar.

Passion for Success
Have you ever thought about throwing in your day job and pursuing your dreams? Working where your passion lies rather than staying in your current employment just because it pays the bills? Well, some people do take the career-change plunge like Maru Nihoniho. At 30, with two kids, she left the hospitality industry to begin making computer games. With no gaming experience apart from a love for Tomb Raider, Maru Nihoniho has just made it big, signing an international multi-million dollar contract with Sony Playstation - for her very first game. Maru shared with Laurna White how she overcame financial hardship, strain on her family life and countless rejections to become a winner in the gaming industry. Maru's Cube game will be released here in New Zealand this month. And Maru says her United States publishers are so happy with the Cube's sales over there they're looking at putting it out on X-box too.

 

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