Real-life read: Grace

What’s been your proudest money moment?

My proudest moment was buying my first car when I was 17. It was a significant milestone because it represented my hard work and financial independence, and showed me that with careful saving and budgeting, I could achieve my goals. I managed to save up for it while working part-time at Countdown as a checkout operator. After making small sacrifices, not buying things I didn’t need and making sure I was consistent with my saving, being able to afford the car and everything I needed for myself was incredibly satisfying. Every time I got paid, I’d put small amounts into an account I couldn’t touch, so I didn’t get sidetracked. 

What makes you feel sorted when it comes to your money?

Knowing that I have enough in my account for emergencies, so I’m prepared for whatever comes my way, and being able to save towards anything I need. I do find it hard to save but I manage as best as I can. It means I can plan for expenses and achieve my financial goals without stress.

What money beliefs have you inherited from your whānau or picked up from friends?

One money belief I’ve inherited from my whānau is the importance of saving for the future. From my friends, I've learned the importance of budgeting and living within my means. They taught me to track my expenses and prioritise needs over wants.  

I’ve also picked up the value of contributing to KiwiSaver for my retirement savings. My parents actually set up KiwiSaver for me, and when I got birthday money when I was young, I’d contribute some to my account. When I started working, I selected 5% as my voluntary contribution amount, and I feel like this is right for me because it gives me enough to save and spend. Combining these beliefs has helped me develop a balanced approach to managing my finances.  

If your bank account could talk, what would it say?

It would say, “You’re doing well! Keep saving and budgeting wisely. Make sure to track your spending and avoid unnecessary expenses. Keep contributing to your savings and investments, and you’ll continue to grow your financial security. Stay focused and disciplined, and you’ll achieve your financial dreams. Remember to enjoy your money responsibly and prioritise your financial health. You’re on the right path!” 

When you think about your retirement, what do you see?

My ideal future would be to be financially stable; own a home somewhere rural with a big backyard, close to the beach and a park; and just be happy. When I think about my retirement, I see a peaceful and fulfilling life. I imagine spending more time with family and friends, travelling to new places and pursuing hobbies I’ve always wanted to explore. Having a solid retirement plan and savings gives me confidence that I can achieve this dream.  

If you’d like to join the conversation and share your own experiences with money, we’d love to hear from you. Fill in this form, and we’ll get back to you. Ngā mihi!