To keep yourself on track financially it is very important to know where your money is going and to have a plan for managing your income and expenses. It is a good idea to work through your budget every few months, particularly if you are thinking about buying something or getting a loan.There are free and independent budgeting services that are available to help you assess your finances and help you with your budget. FMA has given guidelines for responsible lending and responsible borrowing. It is wise to read it through and get some idea around it.
Sorted - Sorted is a website offering plenty of free and user-friendly online budgeting tools and advice. Visit www.sorted.org.nz
MoneyTalks - MoneyTalks is a free helpline available to provide free budgeting advice to individuals, family and whānau. Call
0800 345 123
or visit www.moneytalks.co.nz