Top 10 Personal Finance Resources for Kiwis in New Zealand

Top 10 Personal Finance Resources for Kiwis in New Zealand

When it comes to personal finance, being informed is crucial. With so many options and resources available, it can be overwhelming to make the right financial decisions. As a Kiwi, you have access to some of the best personal finance resources. Below is a list of the top 10 personal finance resources for Kiwis in New Zealand.

1. Sorted
Sorted is a government-funded website that specializes in financial literacy. It has a range of tools and calculators to help you understand and manage your finances. Whether you’re looking to create a budget or plan for retirement, Sorted has something for everyone.

2. MoneyHub
MoneyHub is a close competitor to Sorted. Similar to Sorted, it provides easy-to-understand guides, tools, and calculators. What sets it apart is that it offers more in-depth analysis and provides information on financial products that differ from those offered by Sorted.

3. Consumer Protection
Consumers are vulnerable to financial scams and misinformation. Consumer Protection empowers Kiwis by providing advice and guides for managing finances. It also helps Kiwis know their rights and protect them when dealing with vendors or institutions.

4. KiwiSaver
KiwiSaver is a savings scheme managed by the government that is geared towards helping Kiwis save for retirement. The government has introduced several policies to help Kiwis take advantage of this scheme. In addition to accessing KiwiSaver funds, Kiwis can also borrow from KiwiSaver for their first home.

5. IRD
The Inland Revenue Department provides Kiwis with a one-stop-shop for all their tax-related queries. It offers guides, tools, and templates to help Kiwis understand and manage their taxes. Additionally, it has resources to help businesses navigate their taxes and payroll obligations.

6. MoneyTalks
MoneyTalks is a free helpline providing access to financial guidance and support. MoneyTalks assists people in managing their finances and finding solutions to financial problems. It provides personalized solutions to help Kiwis take control of their finances.

7. Sorted’s Money Week
Sorted’s Money Week features events and campaigns to help Kiwis understand and manage their finances. It’s an excellent resource for learning how to budget, save money, or invest your money. Whether you’re starting as a new investor or an experienced one, you will find Money Week useful.

8. The Commission for Financial Capability
The Commission for Financial Capability provides programs, resources, and events to help Kiwis of all ages be financially stable. It provides research-based content and advice to help you make the best financial decisions. Additionally, they offer specialized financial services for seniors, young people, and people with disabilities.

9. The New Zealand Bankers Association
The New Zealand Bankers Association represents the banks operating in New Zealand. They offer advice and resources on financial management. The Association provides educational work to help Kiwis increase their financial knowledge. They also keep the public informed on their website of bank initiatives.

10. An Adviser
Consulting an independent adviser might just be the solution you need to take your financial management to the next level. Advisers provide personalized solutions to financial issues that may be unique to your situation. They also provide professional financial advice and planning. Make sure to do the due diligence and ensure that the adviser you select is registered and regulated.

In Conclusion
Taking control of your finances is a significant step towards financial stability, and an informed person makes smart financial decisions. These resources are some of the most reliable and informative resources for Kiwis to manage their finances efficiently. With the right tools and resources, you can easily take control of your finances and achieve financial wellness.