Cop­ing with a cash sur­plus

Auckland City Harbour News - - YOUR PAPER, YOUR PLACE - ROB STOCK

It’s com­fort­ing when some­one else tells you what to do with your money.

That’s why mort­gages can be such com­fort­able com­pan­ions in peo­ple’s lives.

But there comes a time in ev­ery home­owner’s life when PMT may strike.

That’s ‘‘post mort­gage ten­sion’’, a form of stress brought on by sud­denly hav­ing to make de­ci­sions about what to do with the dis­pos­able in­come you sud­denly have avail­able.

There’s a sim­i­lar con­di­tion which may strike Ki­wiSavers when they at­tain the age 65.

It’s called OCD. That’s ‘‘Op­tions Con­fu­sion Dys­func­tion’’ char­ac­terised by sim­i­lar feel­ings of panic about where to in­vest their newly-avail­able funds.

Clearly, nei­ther PMT and OCD are real med­i­cal syn­dromes.

But I think my made-up mal­adies cap­ture real feel­ings of stress that can arise when big money choices have to be made.

I’m go­ing to fo­cus on PMT.

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