According to Statistics NZ, 3 out of 5 new businesses fail in the first 3 years of business.
#1 – Have a “trial run” of living on one salary It is a wise move to try this while it is a choice and not a requirement. It will give you the time and flexibility to work out how you can adjust your household budget. You can also save the salary that you […]
#1 – Have a close look at your money management skills It is quite possible that you have gone from being a flush young person to a starving parent, and are heading back towards having a good disposable income again. (more…)
New Zealand is like “Godzone” Right Now In an economic sense, things in NZ seem to be progressing at a fast clip. Unemployment is at low levels, mortgage interest rates are at very low levels, inflation is low so the cost of living is not increasing significantly, exports are going well……NZ is a great […]
1. Clear all your high interest debt If you put your Christmas gifts on the credit card, pay it off as quickly as you can! Set money aside each payday for your normal bills (food, power etc) and put as much as you can of the rest of your pay onto the credit […]
As at June 2012, the average weekly wage for a person in employment was $806 a week, or $41,912 per annum (source: www.stats.org.nz). If you are aged 25 and you had just been successful in getting a job at the average weekly wage, you stayed on the average weekly wage all of your life, and […]