Take a Christmas Break

Read More

Planning for Christmas

Keeping your debt level under control at Christmas time requires a small amount of discipline and a large amount of common sense. Here are a few tips to help keep you afloat as we lead up to the Christmas period:

 Set a budget for Christmas and stick to it. Set you budget now before you get caught up in the Christmas frenzy. Decide how much you will spend in total and then check to see how this compares with the amount you have saved already and how much you can save over the next two months.

 Make a pact with family and friends. In large families, buying presents can get out of hand, both in terms of the value of presents bought and the number of people you buy for. Make a pact with loved ones on whether you will buy each other gifts and how much you will spend.

 It’s the thought that counts. Remember that the value of a gift is not a measure of your love or care for the recipient. A gift that is chosen thoughtfully has much more meaning and value than a gift that is chosen purely on its value.

 Take a break from Christmas. If you are still paying off last year’s Christmas spending, let alone starting to save for this year’s, have a year off Christmas to let your savings catch up. One year off is all it takes to get ahead.

 Start planning in January for next Christmas. Take advantage of the January sales to stock up in advance. Purchase gifts throughout the year so you can take advantage of special price deals or, alternatively, set aside money each month in a savings account.

 Christmas is a time for giving and sharing, but don’t give more than what you have.

Related Articles

Economy
Liz Koh

Budget Winners and Losers

The latest Government budget had something for everyone but while most households will be a few dollars a week better off, there are some clear winners and losers. In the winners’ corner are businesses, those on high incomes, and savers. The biggest losers are property investors who have built large portfolios financed partly by tax rebates.

Read More »

Top Up or Miss Out

The end of June is an important date for KiwiSaver members. The financial year for KiwiSaver runs from 1 July 2009 to 30 June 2010 and if you have contributed at least $1,040 to KiwiSaver during that time, you will be eligible for the full amount of Government tax credit to be paid into your KiwiSaver account in July.

Read More »

Responsible Investing

There is a worldwide trend for investors to want to make a positive contribution to the world by investing in companies that are socially and environmentally responsible. If you are passionate about the effects of climate change, the scarcity of food and water, and social or environmental policies in general, then you will no doubt wish to ensure that the companies in which you invest are going about their business in a manner that is consistent with your views.

Read More »

Helping You Live your retirement To the Max

Keep in touch

Fill in your details and we’ll get back to you in no time.