Why?

Why do I continually meet people who live from payday to payday and why do I have to keep parroting the same lines. Financial freedom is not rocket science. Follow these simple steps.

• Spend less than you earn
• Join a subsidised superannuation scheme or KiwiSaver
• If you are in the position of having short term expensive debt pay it off.
• Take out insurance – income protection is essential.
• Set aside an emergency fund.
• Buy a property and focus on paying off the mortgage as soon as you can.
• Set up an investment portfolio.
• Attend to legal issues such as writing a will.

If you can’t do this on your own, get hold of a financial planner to help you. Less than 30% of Kiwi’s have financial plans.