Posts Tagged :

saving

Top tips to avoid over spending at Christmas

As we approach the silly season and our bank accounts begin to bear the brunt of it, Kiwis should aim to be careful shoppers and only spend what they can afford. We commissioned research which reveals nearly one in three New Zealanders put their Christmas and holiday spending on their credit card and are potentially facing a New Year hangover, saying they won’t pay the full bill before the due date (29%). CreditSimple.co.nz spokesperson Hazel Phillips said the holiday season was…

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Have you ever felt too lazy to budget? (We may have the answer)

It’s a more common feeling than you might think. According to our recent survey, nearly one in 10 people say they don’t budget because they simply feel too lazy to. Beyond that, one-fifth started a budget but gave it up because they felt it was too difficult. That’s understandable – and it’s okay. But it doesn’t have to be the way things go. At Credit Simple, we speak to people every day who face the same issues – and that’s…

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Want to track your spending across multiple bank accounts?

There are 26 banks registered in New Zealand, at the Reserve Bank’s last count. While you’re unlikely to have accounts or credit / debit cards with every single one, many of us will have arrangements with at least two or three. And there is nothing wrong with that! We often find that the most suitable option for a home loan comes from a different source than our preferred credit card, while insurance may be with someone else entirely. That’s all…

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Scared of your finances? 5 ways to get control over your money without looking through your fingers

Money management can be a terrifying thing. Especially if you’ve got debt – seeing large sums go in and out of your bank account is enough to give anyone the willies, even if it’s ‘good’ debt (such as a home loan). But there are strategies you can use to cope, and to not only manage your money but actually overcome those ghosts of spending past. Here’s five we’ve rounded up. Know where your money is going. Knowledge is power, and…

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DIY or call in the experts? Sometimes there’s a cost to being cheap

Saving money and cutting corners is a thoroughly enjoyable way to pass the time, not only for the cash you get to keep but for the smug feeling of satisfaction at having outfoxed the system. Unfortunately sometimes corner cutting backfires. Our Scrooge-like urge to save a buck by doing something ourselves, instead of paying an expert to do it properly, actually costs us more – not necessarily just in money, but in time and effort. This makes me feel most…

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Invest or save? Three things every Kiwi should consider before plotting a path to financial freedom

You, your wallet, and your spare change walk into a bank. What, were you expecting a punchline? Well, these isn’t one! Your financial future is no joke. That said, the wealth of savings options available to Kiwis these days will have you laughing all the way to the bank. Or credit union. Or investment company. Or or or… do you see the problem yet? Saving money is always a smart idea. But we reckon being spoiled for choice still presents…

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Does loyalty pay? Here’s how to get the most out of loyalty programmes

“Call me loyal”, Dave Dobbyn once sang, and “I’ll say you’re loyal too”. (He also once sang “drink yourself more bliss,” which makes less sense, but we’ll set that aside for the moment.) Loyalty programmes are everywhere these days, and they’ve come a long way from Satan’s original “Eat one apple and get a free eternity of shame and feeling weird about nudity unless you’re Paul Henry” offer. From airlines and groceries to credit cards and even the humble cup…

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Does solar power save you money on your electricity bill? We crunch the numbers

We all assume that we save money with solar power. But do we? Really? The answer may be as clear as mud. Solar can save you money. But not always as much as you assume and the economics are changing. Even the Energy Efficiency and Conservation Authority EECA says it doesn’t work for everyone. It costs you money to install Solar power (or water) systems cost you money to install. I looked at one well known company, Solar King, which…

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Sick of paying through the nose for power? Here’s how to switch (and save)

Switching power companies sounds straightforward. And it is. So don’t let me put you off. It’s just not quite as simple to get the best deal from electricity and gas suppliers as it appears in the adverts. Armed with a bit of knowledge, however, I promise you it’s almost impossible not to find a better deal. Unless, that is, you’ve already switched in the past few months. Step 1: Choose your site There is a bunch of switching websites that…

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Are you off your trolley? You could be, with our sneaky tricks to save money on your groceries

Are you off your trolley? You could be if your supermarket bill is creeping over $50 per person for a family. There are so many sneaky tricks to save money on food. You might even find that you’re healthier and happier when you buy more basic food. Don’t say it can’t be done. If your bill is out of control, try some of these tips. Budget. Start with a figure that you want to spend on food each week and…

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