Sunny days. Three steps for creating a brighter financial future.


As we make our way in 2022 have you thought about your finances and what you’d like to achieve in the next decade? 

If making savings goals and plans for your personal finances is something you think about a lot – but often falls to the bottom of your to-do list, have a look at this checklist. It covers three simple steps you can take now to get started on the journey to the financial future you want to achieve. 

 

Buy insurance policyStep 1: Review where you’re at

Take stock. Make sure you know what comes into your accounts (and when) – and what goes out. Look at your loans, and how and when you pay them. Review your automatic payments – make sure you know exactly what you’re paying for – and when these leave your account. 

Don’t forget about your KiwiSaver. Think about the percentage of your salary that you invest and your appetite for risk. When you set financial goals, you may find that investing differently – at a higher percentage or in funds with a different level of risk – could work better for you.

 

Consultation 2Step 2: Talk about money

Your personal finances have a huge impact on your life, yet it can be hard to talk about money – even with those closest to you. Starting a conversation with your partner, family or friends about your finances and what your realistic financial goals could be is a great first step.

Once you’ve set some goals, keep talking and discuss your progress – and make sure you recognise your achievements when you achieve a milestone!

 

Consultation 3Step 3: Ask for help

Making financial goals can feel hard. Seeking help to review your finances and to set your objectives could be a great idea. Talking to your bank or a registered financial advisor is a good place to start. For more ideas and resources, take a look at sorted.org.nz

 

The information contained in this article is of a general nature only. It does not take into account your specific financial situation, needs or goals and is not intended to be financial advice. For advice on product suitability, please contact a financial adviser. For policy terms, conditions, limits and exclusions refer to the relevant policy wording. While The New Zealand Automobile Association Incorporated takes reasonable steps to ensure that the information contained in this article is accurate at the time of publication, the information referred to is subject to change without notice


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Financial advice

Our website provides general information about our products and services to help you make choices when it comes to protecting the things in life that really matter. The information doesn’t take into account your specific financial situation, needs or goals and is not intended to be financial advice.

If you'd like to receive financial advice, you can get professional advice from a registered financial adviser.