Nico Jones

You could probably round up, and you can actually set your roundups higher, like $1, $2, $5, and actually quite a few people have the roundup set right up to $5, so it would round it right up, and so they're putting a lot more in.

Number two, supporting a partner on maternity leave.

Now we know that women leave the workforce regularly,

And there's no safety net as to how we're going to continue to contribute to their KiwiSaver whilst their income drops, given that so many are now in high-paying careers and they have that lull.

Reminder here too, though, that in relationships, a portion of the, well, half of the male of the household, all that relationships, KiwiSaver,

the female will have a legal right to, I don't know the exact legal wording, so bear with me here, but people always pull me up on this stuff, I'm like, okay, Jesus, I'm not a bloody lawyer, but you know what I'm trying to say, it's actually yours as well, if you are the woman in the relationship, should the relationship end, so there is that piece, but

A lot of people then have to set up some sort of manual payment or don't think about it until afterwards and go, oh, okay, they had like a lull there where contributions weren't being made.

So if one partner's income drops, contributions drop and long-term wealth gets impacted, doesn't it?

So Fijoa could help rebalance that by redirecting small top-ups from household transactions into the other person's KiwiSaver.

And I believe, I could be wrong on this, but I think you can have multiple accounts inside the Fijoa and each of them.

So say you're doing the household shopping and someone's on maternity leave, then it might be called paid parental leave these days as well.

I can't, I'm not entirely sure, but you know what I mean.

So then that roundup would then go into that person's KiwiSaver and that

you know, that's at least kicking something into it to protect the downside of nothing going in at all.

Number three,

This is what probably got me kind of fired up, was saving for your kids.

Most people intend to invest for their kids, and talking to Leighton recently from Sharesies, like 90,000 kids now have investment accounts via Sharesies, which is pretty bloody incredible if you think about it.

But how do we do it consistently?

Well, again, this creates a low-friction, easy way to start investing into an account that's pretty locked up for our kids.

Now, the other piece of this that I haven't explained is that you can actually then very simply in there split it.