As New Zealand struggles with a weak economy, New Zealanders are trying to strategically save money and reduce debt. By saving money on the ‘little things in life’ you can end up saving a large amount over time. Here are some simple, proven tips that will help you save money.
Perhaps one of the most fundamental ways to take control of your money is to create a budget for yourself and your family. When you know exactly where your money is going you will be better able to make the kind of changes necessary to save money and achieve your financial goals.
Personal loans provide a source of finance that can often be cheaper than credit cards or hire purchase agreements. However, as the type, cost, and terms of various personal loans can differ you should investigate your options carefully.
Financial advisors provide advice on matters such as wealth creation, income protection, planning for your retirement, investment strategies and insurance – generally anything that can help you achieve your financial goals.
Interest is the fee paid for borrowing money. There are two common types of interest charged by lenders: simple interest and compound interest….