Easy ways to start saving
ALWAYS LIVING FROM PAY DAY TO PAY DAY? HERE ARE SOME EASY WAYS TO CREATE A SAVINGS BUFFER SO YOU CAN SPEND WITHOUT THE WORRY AND THE GUILT
‘Do not save what is left after spending, but spend what is left after saving’
Money worries cause stress and take a toll on our health. With housing, utilities, food and transport soaking up more than 57 per cent of our household wages each week, according to Statistics NZ, it’s no wonder we’re feeling the pinch. But with extreme financial stress making us 13 times more likely to have a heart attack, it’s paramount we keep our finances healthy. When we think outside the box, there are always ways to be smarter with our money. It just requires a bit of budgeting to switch from spending to saving. It doesn’t need to be a drag, either; if you give yourself rewards once you reach goals, it becomes a real incentive. Here’s how to kickstart your savings.