New Zealanders spent over half a billion dollars over the 2019 Christmas period; a whopping $533 million of which was paid for on credit. As the credit card bills begin to arrive, many people are left with the regret of overspending. If the cost of Christmas has rolled into the new year and you’re facing a Christmas debt hangover, we have some tips to help you clear your debt.
Topics: NZ Finance, Financial Health, Christmas Debt, Christmas spending, Financial Advice, Home Loan Advice
Christmas spending is often compared to a delayed hangover: For the first couple of weeks after Christmas, life is good. Then the bills start arriving in the mail and your Christmas debt hangover hits like a freight train. Now that the damage is done, how do you cure a Christmas debt hangover?
Topics: Christmas Debt, Christmas spending, Debt-free, Mortgage-free
Online shopping means spending money has never been easier. The convenience of never having to leave home to buy everything you need comes at a price though, as it’s just as easy to overspend and end up in debt. The good news is it is possible to break that cycle of overspending and be debt-free. We share a few simple steps to help get you started.
Topics: Debt Consolidation, Debt to Income Ratio, Household Debt, Christmas Debt, Christmas spending, Mortgage Debt, Debt-free
It’s easy to get wrapped up in the busy-ness of the season and end up spending far more than you intended at Christmas time. From buying extravagant gifts to decorating your home to the endless entertaining: Christmas spending quickly adds up. Which is why creating a Christmas budget makes perfect sense. Here are some key steps you can take to set a budget for Christmas that won’t break your bank.
Topics: Household Expenses, Christmas, Household Debt, Christmas Debt, Budgeting, Christmas spending, Mortgage Debt
There’s nothing quite like Christmas for evoking memories of long, lazy summer days, presents under the tree, and BBQ’s on the beach. Unfortunately, for many people though, Christmas can be a stressful time too. Coping with extra expenses at this time of year without blowing the budget is a challenge. Here are our tips for doing just that.
Topics: Christmas, new zealand real estate, mortgage adviser, Budgeting, Christmas spending
