https://www.ohbaby.co.nz/forum/ Copyright (c) 2006-2013 Web Wiz Forums - All Rights Reserved. Thu, 16 Apr 2026 19:26:39 +0000 Mon, 14 Feb 2011 21:32:17 +0000 http://blogs.law.harvard.edu/tech/rss Web Wiz Forums 11.10 360 https://www.ohbaby.co.nz/forum/RSS_post_feed.asp?TID=37947 https://www.ohbaby.co.nz/forum/forum_images/web_wiz_forums.png https://www.ohbaby.co.nz/forum/ https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1266873&title=planning-for-a-baby-financially#1266873 Author: Hopes
Subject: 37947
Posted: 14 February 2011 at 9:32pm

Yes, it can be hard to remember when your thinking revolves round the prices your paying somewhere else. $600 - 700 a week is so much - and a very quick calculation on my part suggests that you'd need to earn round $22,000 a year more (before tax) than someone in Hamilton paying $300 odd a week to be on an even footing ]]> Mon, 14 Feb 2011 21:32:17 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1266873&title=planning-for-a-baby-financially#1266873 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1266812&title=planning-for-a-baby-financially#1266812 Author: Smiles
Subject: 37947
Posted: 14 February 2011 at 8:41pm

Glad you understand jano1...I know it's easy for people to think that if you're earning over the threshold $74k then why would you need a govt payout. But for us Auckland-dwellers (who pay extravagant mortgages) it'll still be difficult to live on one income.]]> Mon, 14 Feb 2011 20:41:51 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1266812&title=planning-for-a-baby-financially#1266812 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1266800&title=planning-for-a-baby-financially#1266800 Author: jano1
Subject: 37947
Posted: 14 February 2011 at 8:31pm

Yeah I agreee Smiles- 74,000 doesn't go far in Auckland when you pay 6-700 a week in mortgage and that doesn't cover rates, bills etc]]> Mon, 14 Feb 2011 20:31:41 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1266800&title=planning-for-a-baby-financially#1266800 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1265689&title=planning-for-a-baby-financially#1265689 Author: Hopes
Subject: 37947
Posted: 13 February 2011 at 1:05pm

Yea... Auckland house prices are nasty. ]]> Sun, 13 Feb 2011 13:05:21 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1265689&title=planning-for-a-baby-financially#1265689 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1265554&title=planning-for-a-baby-financially#1265554 Author: Smiles
Subject: 37947
Posted: 13 February 2011 at 8:28am

Thanks Hopes ;) It's called "owning a house in Auckland"...or should I say "having a mortgage in Auckland". Couldn't afford it otherwise.

]]> Sun, 13 Feb 2011 08:28:39 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1265554&title=planning-for-a-baby-financially#1265554 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1265273&title=planning-for-a-baby-financially#1265273 Author: Hopes
Subject: 37947
Posted: 12 February 2011 at 3:28pm

I think some people in some situations are, Smiles - not sure what they are, though, I think for most of the part you're right.

Although, with that much coming in unless you had pretty huge outgoings, you should be cool. ]]> Sat, 12 Feb 2011 15:28:59 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1265273&title=planning-for-a-baby-financially#1265273 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1265201&title=planning-for-a-baby-financially#1265201 Author: Smiles
Subject: 37947
Posted: 12 February 2011 at 1:16pm

So, just so I understand this - if you earn over $74k gross a year you're not entitled to anything?

SUCKS!

:oP

Edited by Smiles]]> Sat, 12 Feb 2011 13:16:44 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1265201&title=planning-for-a-baby-financially#1265201 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1264685&title=planning-for-a-baby-financially#1264685 Author: WestiesGirl
Subject: 37947
Posted: 11 February 2011 at 4:18pm

Awww, boo that totally sucks nzpiper!

As a general rule I work ours out like:
My Income + $5k
DH income + $5k
That way it allows for any bonuses, commissions and or salary increases. Chances of getting any or all of them are slim but then that way they owe us rather than vise versa!]]> Fri, 11 Feb 2011 16:18:22 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1264685&title=planning-for-a-baby-financially#1264685 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1264684&title=planning-for-a-baby-financially#1264684 Author: CarleyRose
Subject: 37947
Posted: 11 February 2011 at 4:18pm

nzpiper wrote: We were ones that got stung by getting our income wrong...well I didnt get it wrong, it just changed and I didnt understand how that affected it. At the start DH was pretty much in minimum wage and we needed EVERY penny. Then half way through he got a better job, I rang up and they reduced the amount, then I got a part time job so I got them to stop it...but as soon as I started workigng we were over the threshold to get anything so had to pay it ALL back!! Sucks. Now we just get it at the end of the year.

Thats the best way to get it aye, i mean at the end of the year, and then you don't end up with a yucky tax bill!]]> Fri, 11 Feb 2011 16:18:05 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1264684&title=planning-for-a-baby-financially#1264684 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1264376&title=planning-for-a-baby-financially#1264376 Author: busymum
Subject: 37947
Posted: 11 February 2011 at 10:34am

also look at www.workingforfamilies.govt.nz which talks about child care and accomodation supplement]]> Fri, 11 Feb 2011 10:34:15 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1264376&title=planning-for-a-baby-financially#1264376 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1264223&title=planning-for-a-baby-financially#1264223 Author: peanut butter
Subject: 37947
Posted: 11 February 2011 at 7:15am

We were ones that got stung by getting our income wrong...well I didnt get it wrong, it just changed and I didnt understand how that affected it. At the start DH was pretty much in minimum wage and we needed EVERY penny. Then half way through he got a better job, I rang up and they reduced the amount, then I got a part time job so I got them to stop it...but as soon as I started workigng we were over the threshold to get anything so had to pay it ALL back!! Sucks. Now we just get it at the end of the year.]]> Fri, 11 Feb 2011 07:15:39 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1264223&title=planning-for-a-baby-financially#1264223 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1264209&title=planning-for-a-baby-financially#1264209 Author: WestiesGirl
Subject: 37947
Posted: 11 February 2011 at 12:17am

I agree with kebakat re OVER estimating your income. So may people get it wrong and then wonder why they owe money. Also remember to estimate it for the financial year (April to March) NOT an annual year.

We also did a 'baby savings' as well so when we got extra bills or surprise car expenses etc we were able to use that.

All the best for your wedding and good luck TTC ]]> Fri, 11 Feb 2011 00:17:11 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1264209&title=planning-for-a-baby-financially#1264209 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1263658&title=planning-for-a-baby-financially#1263658 Author: misssara
Subject: 37947
Posted: 10 February 2011 at 11:45am

Thanks everyone for your advice! That calculator link was super helpful! I couldn't quite locate it when I was looking before I posted this subject on OB! It looks like we would also be getting $62 a week! I am rather happy about that. I really thought we would be a big fat $0!! So YAY!!!
Also just read the article on Stuff! Very interesting!
It just makes me more clucky! I can't wait unitil we start TTC!]]> Thu, 10 Feb 2011 11:45:06 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1263658&title=planning-for-a-baby-financially#1263658 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1263643&title=planning-for-a-baby-financially#1263643 Author: kebakat
Subject: 37947
Posted: 10 February 2011 at 11:30am

With those calculations make sure you overestimate what your income will be. If you get a payrise or anything like that and you have been paid more than you are actually entitled to you will get a lovely bill at the end of the finanical year. But if you overestimate you will get less in regular payments but you get a nice payment at the end of the financial year to make up what you should have got.]]> Thu, 10 Feb 2011 11:30:38 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1263643&title=planning-for-a-baby-financially#1263643 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1263641&title=planning-for-a-baby-financially#1263641 Author: GuestGuest
Subject: 37947
Posted: 10 February 2011 at 11:29am

There's an article in Stuff about this today

Budgeting-for-baby]]> Thu, 10 Feb 2011 11:29:38 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1263641&title=planning-for-a-baby-financially#1263641 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1263629&title=planning-for-a-baby-financially#1263629 Author: astral_monkey
Subject: 37947
Posted: 10 February 2011 at 11:09am

I love that IRD have those calculators on their website. Such a brilliant site. Take advantage of them to give yourself an idea of what you could be eligible for, then when you've got everything sorted (ie. up the duff), maybe go into WINZ and talk to someone.

Going by the calculator emmap posted, DH & I will be eligible for $62 a week. Better than nothing.]]> Thu, 10 Feb 2011 11:09:57 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1263629&title=planning-for-a-baby-financially#1263629 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1263559&title=planning-for-a-baby-financially#1263559 Author: CarleyRose
Subject: 37947
Posted: 10 February 2011 at 10:03am

Hey Sara

Go to the Calculator section in the ird website and you can calculate what you could get there. Goto the below link and click start.

Tax Credits Working for Families

I hope this helps as i'm still a bit unsure myself, as we are trying for number 1 too!


Edited by emmap]]> Thu, 10 Feb 2011 10:03:06 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1263559&title=planning-for-a-baby-financially#1263559 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1263533&title=planning-for-a-baby-financially#1263533 Author: misssara
Subject: 37947
Posted: 10 February 2011 at 9:45am

Hi Everyone,

My DF (23) and I (24) are getting married in mid April, and have decided that we want to start a family soon after we come back from our honeymoon in mid May. YAY!
We purchased our first beautiful home a couple of years ago which we love. We obviously have a mortgage though and together with the added expenses of a baby (when we do have one) and me leaving work once we do have a baby it will be a stretch financially. We have worked it all out and we will be able to survive on just DF income, but it will be tight! We have no idea about what type of payments we could be eligible to get from the government (IRD) when we have a baby, or if we will entitled to anything at all? We have savings and are “saving” for a baby so we will be fine when we do have a baby, but just want to know if anyone out there knows what we could be entitled to. I have checked the IRD website, but it really does confuse me. I know I get 14 weeks paid parental leave, but it’s all very blurry as to what we could be entitled to after that finishes.

Any knowledge anyone has on this subject i would love to hear, thank you and sorry for the novel of a post

Sara xx
]]> Thu, 10 Feb 2011 09:45:52 +0000 https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=37947&PID=1263533&title=planning-for-a-baby-financially#1263533