This segment was broadcast on 23 June 2016. Some information may be out of date.

Spending too little, spending too much

  • Shopping is a favourite pastime
  • People who are too mean on themselves
  • People who spend too much — why do they do it?
  1. Keeping up with the Joneses.
  2. Psychological
  3. Credit card company behaviour
  • Help for big spenders
  • Most important of all: Change your habits

PS: Final reminder about KiwiSaver tax credit

Mary Holm is a freelance journalist, a director of the Financial Markets Authority and Financial Services Complaints Ltd FSCL, a seminar presenter and a bestselling author on personal finance. Her opinions are personal, and do not reflect the position of any organisation in which she holds office. Mary’s advice is of a general nature, and she is not responsible for any loss that any reader may suffer from following it.