During the 1990s and 2000s, New Zealand and other developed countries around the world experienced a huge increase in personal and credit card debt. But the times have certainly changed, the recession has forced us to take a step back and take a good look at the way we live, and the way we spend. By necessity the 2010s are likely to become an era of budget balancing as attempts are made to reduce debt from both a government and individual level.
Everybody has a time in their lives when they are not working - whether it is through taking time out to have a family, being made redundant, changing careers, being too ill to work or retirement.
Most people are short of money not because they spend what they have on big expensive things but because they spend little bits here and there. This kind of spending is what I call “Leaky Bucket Syndrome” – spending $5 here, $20 there etc, which can add up to hundreds of dollars each pay day. Liz Koh advice for finding the holes in your bucket…
These days there is no excuse for not knowing how much money you have
in your bank account. With the advent of internet banking and now
mobile banking from your phone, your bank account details are just a
couple of clicks away…
Budget not quite stretching to your lifestyle? A few small changes to your behaviour can make big changes to your bank account. Read on for our favourite budgeting tips...
When times were tough during the depression and war years, every penny earned had to be carefully spent or saved. Those were the days when you paid your bills with notes and coins and internet banking was pure science fiction. Ironically, while banking technology has revolutionised the way we pay for things, it has also made it easier for money management to get out of control…
During the 1990s and 2000s, New Zealand and other developed countries around the world experienced a huge increase in personal and credit card debt. But the times have certainly changed, the recession has forced us to take a step back and take a good look at the way we live, and the way we spend. By necessity the 2010s are likely to become an era of budget balancing as attempts are made to reduce debt from both a government and individual level.
Everybody has a time in their lives when they are not working - whether it is through taking time out to have a family, being made redundant, changing careers, being too ill to work or retirement.
Most people are short of money not because they spend what they have on big expensive things but because they spend little bits here and there. This kind of spending is what I call “Leaky Bucket Syndrome” – spending $5 here, $20 there etc, which can add up to hundreds of dollars each pay day. Liz Koh advice for finding the holes in your bucket…
These days there is no excuse for not knowing how much money you have
in your bank account. With the advent of internet banking and now
mobile banking from your phone, your bank account details are just a
couple of clicks away…
Budget not quite stretching to your lifestyle? A few small changes to your behaviour can make big changes to your bank account. Read on for our favourite budgeting tips...
When times were tough during the depression and war years, every penny earned had to be carefully spent or saved. Those were the days when you paid your bills with notes and coins and internet banking was pure science fiction. Ironically, while banking technology has revolutionised the way we pay for things, it has also made it easier for money management to get out of control…
