Debt

Should I pay off debt or save in KiwiSaver?

In financial terms, the answer is “do both at the same time” – especially if you are employed.

Working out your mortgage options

Mortgage interest rates are falling which is great news if you’re on a floating rate or about to come off a fixed term.

Glossary: interest rates
The amount of interest you pay on a loan or are paid for an investment, usually expressed in a percentage.
Glossary: floating rate
The rate of interest paid on a loan may be either a fixed rate or a floating rate. For a floating rate loan, the interest varies from time to time. If interest rates fall, then so does the amount you have to repay. Or you can choose to continue with the same level of repayment and reduce the term of your loan. However, if interest rates rise, then the opposite effect happens, either your repayments need to be increased or the term of your loan is extended.

Tips for getting your finances on track in 2009

Begin the New Year with a few resolutions to get, and keep, your finances on track. Here are few tips to get you started.

Repayment problems

Problems managing your debts today can have a big impact on your financial future. Find out about your options and why it’s important to have a good credit history.

Going guarantor

When you guarantee a loan you make a legal promise to step in if the person who borrowed the money doesn’t make the repayments.

Personal loans

Getting a loan can be expensive, but if you know your options and shop around you will spend less.

Keeping costs under control this Christmas

Follow these ten tips to keep costs under control this Christmas:

Tips for today's financial climate

Our top tips to help New Zealanders cope with the current situation in the financial world:

Making that little extra go further

Changes to tax rates will mean many Kiwis have a bit more take-home pay from this month. So how should you make the most of that extra cash in your pocket?

Too much debt?

Kiwi Story

Ben and Rata earn a combined income of $120,000. They're in their early 30s and without any retirement ...