For many New Zealanders, the Covid-19 crisis has brought the uncertainty of their financial situation into the spotlight.
The Commission for Financial Capability (CCFC) survey conducted during the last two weeks of lockdown, showed how many New Zealanders’ finances are close to tipping point.
Read MoreEverything you need to know about whether you are eligible for the COVID-19 Income Relief Payment and how to access it.
Read MoreAs we all get back to work and some sense of normalcy after the uncertainty of the past few weeks, it’s time to look at how we will manage the aftereffects of Covid-19. If your business is struggling to make debt repayments right now, you may want to consider the business debt hibernation (BDH) scheme.
Read MoreEverybody and every organisation should have a budget and regularly review it, whether it’s a business, household, sports club, or the New Zealand Government. The Wellbeing Budget 2020: Rebuilding together was rapidly changed in response to COVID-19 and indicates further support for people who are the most vulnerable.
Read MoreWhen New Zealand went into lockdown, people had to move fast. While sorting out their own home offices, Debtfix Navigators were quickly on-hand to help the Kiwi community through the stress of sorting their debt problems. Covid-19 has meant reduced incomes and even job losses, and Debtfix still finds positive solutions to financial problems.
Read MoreThere’s no easy way of saying it — the Covid-19 crisis has caused significant financial stress for many New Zealand households and will continue to do so for a long time to come.
Read MoreWhen dealing with an international pandemic, it’s not so easy to present a strategy one day and expect it to be perfect or the same the next day.
Covid-19 is a challenge for everyone, whether families are coping with children, people are dealing with fears of serious illness or those living on a tight budget are now bewildered about their financial future.
Read MoreThese are inevitably and unavoidably going to be difficult and challenging times for all businesses, from one-man bands through to large corporate organisations. The key to survival of any business will be dependent on many factors, but principally the decisive first steps and actions of management and owners in the early stages of the crisis.
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