When a marriage or de facto relationship breaks up financial matters often cause a lot of grief, especially when money is used as a weapon to hurt the other partner.

Struggling with a broken heart is awful but when the split reveals one partner has a tsunami of debt, there are fights over assets or bank accounts – life becomes monumentally stressful.

As anticipated the financial fallout from the Covid-19 pandemic is continuing and more New Zealanders are losing their jobs.

Everybody and every organisation should have a budget and regularly review it, whether it’s a business, household, sports club, or the New Zealand Government.

As 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.

Winter can be a stressful time financially for many families. Debtfix knows heating costs can eat into the budget, the kids have outgrown last year’s warm clothes and gumboots, and more time in the house drives up the power bill. Here are a few small changes you can make to your routine to keep your bank account afloat at this time of year.

When 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.

There’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.

When 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.

These 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.

If you can’t pay your mortgage right now, you are not alone.

At the end of 2020, data from the credit reporting agency Centrix showed there were 15,000 Kiwi mortgages in arrears. If you are struggling to meet your mortgage repayments, there are always options to resolve the debt problem.

The last 30 years have been an age of hyper consumption.

Instead of reusing objects, we became a throwaway society and the era of instant gratification has resulted in many people living beyond their means and inevitably getting into debt.

While many New Zealanders were still swanning about on holiday, the Review of Retirement Income Policies submitted to the Minister of Commerce and Consumer Affairs went public.