Take on 2023 with a financial bang
3-4 minute read
We knew if we put resolution in the headline you might not read on. So, let’s call it a plan – a plan to leave you financially stronger at the end of the year. Let’s go.
We make ‘em. We break ‘em. Resolutions – sorry, plans - often fail because we go too hard. The real trick to your financial wellbeing is a realistic strategy. One that steadily chips away at debt and boosts your savings, while still allowing you to enjoy life.
Make a date with your budget
Before you start thinking about savings, it’s a good idea to make an honest, up-to-date assessment of your incomings and outgoings. It needn’t take long. So, go on, pick a day in January to spend a little quality time using our handy budget tool.
How to save SMART
You’ve probably heard how beneficial microgreens are for our health. Well, micro goals are similarly good for your savings, because you’re far more likely to reach your target by breaking it down into manageable pieces. We call this the SMART (Specific, Measurable, Achievable, Realistic, and Timely) approach.
Give debt the evil eye
Getting on top of debt isn’t just great financially, it may also do wonders for your general wellbeing. Taking action as part of your 2023 plan could give you a real sense of purpose and control. Multiple debts can present more of a challenge. In which case, you might want to check out debt consolidation.
Feeling inspired about fostering your financial wellbeing during 2023? Excellent, we are too.
Important information
This material is for information purposes only. Please talk to us if you need financial advice about your situation and goals or about our products and services. See our financial advice provider disclosure at anz.co.nz/fapdisclosure.