Debtfix Wellbeing Survey Results 2023

Debtfix advice and tips about getting on top of debt and saving for a house.

Sometimes the words saving and investing are used to describe the same thing, and although they’re both important parts of our financial resilience and wellbeing, we need to understand their differences.

Saving and investing can both provide a way of getting where you want to go, they just take different routes to get there.

Here’s what you need to know.

Privacy - some of us don’t want anyone knowing our business, whereas others happily share every what, who, when and where about their lives. Where we are on this spectrum will come down to the trust we have in the organisation holding our information.

In this digital age, privacy and trust affect us all. A breach can have a lasting impacts.

The Privacy Commissioner runs its annual Privacy Week in May with the aim of building awareness about our privacy rights in the digital age. There are loads of great resources to help keep you safe. We have put together a summary of what you need to know.

Debtfix loves a good op-shop bargain or garage sale treasure to help keep finances in check, but how can you protect yourself when buying higher value second-hand goods?

Even putting away the smallest amount gives you a contingency fund for emergencies and gets you in the habit of saving, rather than shopping on credit. When you have reduced your loans and paid bills, you can increase the amount you’re saving. 

Our hearts are with everyone affected by Cyclone Gabrielle. As we navigate through the aftermath, here is some advice about insurance - buying it and making sure you’re covered.

As Valentine’s Day looms in February, there will be thousands of ads calling for you to spend money to show your true love.

Romance doesn’t go amiss with the Debtfix Crew and while red roses and choccies are gorgeous – so is showing some adoration to your KiwiSaver account.

After all, your long-term saving scheme will still be there to care for you when your skin sags and your eyesight fades.

In 2033, what might you say to the you of today? That’s the you who has launched into 2023 and all that it will bring – good, bad, and sometimes just meh.

Since we are all our greatest critics, it’s probably a good guess you’re thinking about the things you could do better and maybe beating yourself up over mistakes you’ve made.

The Debtfix Crew think it would be great if we all started every day, not just each New Year, with positive goals to boost our confidence and to better manage our money.

I wonder if Santa is worried about paying the rent at the North Pole this year.

Not to mention feeding all those elves and reindeers, while they are busy preparing to do their super-sonic flight around the globe in one night.

The Debtfix Crew have written to him and here’s their Christmas wish list for a debt-free Christmas.

If you’re worried about money right now you are not alone.

Last month it was revealed that “concern about personal finances is now considered to be the biggest impact on New Zealanders’ mental wellbeing, likely related to the increased cost of living.”

Now we are in the Christmas and summer holiday season, which is one of the most challenging times of the year for everyone. There is help.

It can be a real struggle knowing what to do when people ask you for a loan, especially if it’s a friend or family member who asks for some extra cash.

Most of us want to help others in their hour of need but before you hand over the bucks, it pays for you to completely review the situation and seek advice from others.

The Debtfix Crew does come across people who have debt problems because they have lent money to friends or family, then the deal went wrong for everyone.