We work with local community to provide education, budgeting advice and support to organisations, schools and groups of people interested in learning these new skills. We have a number current education programmes which we have run in schools, organisations and for other community groups.
Current seminars available are:
KiwiSaver: Do you really need it and why?
Savings: Why do I need to save for that rainy day and/or my future?
Budgeting: What is it and how does it work?
There are many tools that you can use at home or in association with your Budget Advisor. Provided is an excel file which is used to create a basic budget, cash flow and debt schedule. If you have difficulty using the form please contact us for assistance.
The budget form can be used by filling in your income and expenses, some you probably had not even considered and some may not be relevant to you. Fill in the form and it clearly shows you the result half way down the left hand column. Please remember if you are having trouble please contact an advisor.
Simple Budget Worksheet (requires Microsoft Excel)
The Cash Flow Plan enables you to plan where your money will go on a weekly basis. Dates can be inserted at the top of the sheet. It is set up in a way where it will assume your payments are fortnightly you can adjust this to weekly by filling in the first two columns, or monthly by deleting the repeated numbers. The cash flow sheet will also take the balance between weeks.
Cashflow Worksheet (requires Microsoft Excel)
This is a place to list all of your debts and the amount of monthly payments and any arrears. From here it can be transferred into the budget and cash flow where possible.
Debt Schedule (requires Microsoft Excel)
Tools to Teach Your Kids
There are a number of ways to teach your children to manage money however you do it we are all in agreement that teaching your children is the most important thing.
Giving pocket money to children and teaching them to save a percentage of that on a regular basis will teach them how to save.
As children get older change the pocket money to an allowance which they have to use to purchase entertainment, gifts and a percentage of their clothing as well as inputting some into a regular savings account.
Playing games: There are many money focused games on the market which will encourage saving habits in children. www.sorted.org.nz contains a number of games which children can play for free to encourage them to save.
Shopping: Children are always watching what we do; taking them grocery shopping and giving them responsibility to add things up or look for the best deals will keep them occupied as well as teaching them lifelong skills shopping habits.
Most importantly, have fun with your children as they learn these skills that will carry them through to adulthood.