How to set a goal for saving or debt repayment
Importance of setting a goal, Goals that work are SMART: Specific; Measurable; Achievable; (W)ritten; Time-bound.
KiwiSaver: Why some people aren’t in it (Part 3), and listeners’ questions about the scheme: Final reasons for not taking part in KiwiSaver; Conclusion — what are valid reasons?; Best way to contribute to KiwiSaver; Suggested changes to contributions holidays; Other listener questions about KiwiSaver.
Goal setting and the B word (budgeting). Goals should be SMART — specific, measurable, achievable, (w)ritten, time-bound. The goal habit: If you save before a trip, buying a car etc you can have many more trips and cars. Tips on goals. Budgeting: Firstly estimate spending in different categories, then keep track for a while; Tips on budgeting; Robert Frost poem; Emergency money; Help with budgeting: familybudgeting.org.nz.