Watch Your Spending

New Zealanders’ household spending is way up, compared with late 2019.

Spending is OK if not getting into debt

Why spend on non-essentials?:

  • Happiness. But often short-term.
  • Appearances.
  • Pressure to spend on special shopping days.

What to do:

  • Use credit cards?: pluses and minuses
  • Estimate spending in different categories, then keep track for 2 months
  • Change a habit for just a month. Letter to futureme.org.
  • 2 birds with one stone: Cut spending on unhealthy things
  • Help w budgeting: MoneyTalks. Free, confidential and non-judgmental, around NZ.

No paywalls or ads — just generous people like you. All Kiwis deserve accurate, unbiased financial guidance. So let’s keep it free. Can you help? Every bit makes a difference.

Mary Holm, ONZM, is a freelance journalist, a seminar presenter and a bestselling author on personal finance. She is a director of Financial Services Complaints Ltd (FSCL) and a former director of the Financial Markets Authority. 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. Send questions to [email protected] or click here. Letters should not exceed 200 words. We won’t publish your name. Please provide a (preferably daytime) phone number. Unfortunately, Mary cannot answer all questions, correspond directly with readers, or give financial advice.