Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


Everyday budgeting means income is greater than expenses


5 September 2012

Everyday budgeting means income is greater than expenses

“I just haven’t got enough money.”
“There’s not enough to cover my essentials.”
“I need more money to afford to live.”

These are common comments from budgeting clients, according to Raewyn Fox, CEO of the New Zealand Federation of Family Budgeting Services.

“It’s quite common for a client to come to a budgeting service thinking they don’t have enough money. Sometimes we can reduce expenses down to an affordable level – and sometimes it’s true; the client hasn’t got enough money,” Fox says.

The spotlight is on everyday money and everyday budgeting during Money Week, New Zealand’s first week dedicated to helping Kiwis learn about everyday money.

Fox says sometimes budgeting clients cannot get enough income to cover expenses. “This is sometimes true for beneficiaries as well as income earners. A budget adviser will do everything they can to help the client reduce expenses and increase income.”

But how could a person possibly increase their income? “It’s not usually easy,” Fox says. Here are her suggestions:
• If you’re a beneficiary, are you getting all the support you’re entitled to? A budget adviser has detailed knowledge of Work and Income entitlements, and might help you and your family get that little bit extra.
• If you’re a salary or wage earner, have you enquired about a pay rise? If you ask politely and can justify your request with good work, you may be surprised by what can happen.
• In order to survive, sometimes you may need to work more than one job. A small side-job can sometimes create enough extra cash to balance the budget.
• Do you gamble or smoke? Money spent on a $30 a week smoking habit could buy quite a few groceries. Quitting smoking can be like giving yourself a pay rise.
• Do you have other resources you could use? For example, if you have a spare room you could take on a boarder. If you’re good at crafts could you sell them at a weekend market?

The New Zealand Federation of Family Budgeting Services is a network of community budgeting services offering free, confidential, non-judgemental budgeting advice. Find a free budget adviser on www.familybudgeting.org.nz or by calling 0508 BUDGETLINE (283 438).


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On National’s Rampant Pandering To The Farming Vote

What on earth has happened to the political parties n the centre-right? Once upon a time in the US, the party of Lincoln was a respectable political party before it devolved into the cult of Trump. Here at home, the National Parry used to be able to manage and administer the economic orthodoxy in a reasonably competent fashion. Now it can barely do simple addition and subtraction. Something must have gotten into the water, and not simply out on the farm... More>>


Winston Peters Speech: The Gathering Storm Clouds: Ihumatao

Frequently around New Zealand you hear people say that politicians are all the same. It’s a convenient way to dismiss any careful investigation of the truth of that statement. New Zealand First since its inception has been committed to ‘one law ... More>>


National Agriculture Policy: Will Restore Farmer Confidence And Pride

A National Government will reduce regulatory burden and give farmers confidence for the future. Leader of the National Party Judith Collins and Agriculture spokesperson David Bennett announced National’s Agriculture policy in Gisborne today. “Agriculture ... More>>


Shaw: Wealth Tax Not A Bottom Line For Green Party But They Will Push For It

Green Party co-leader James Shaw says one of his senior MPs misspoke under pressure when she said a wealth tax was one of the party's bottom lines. More>>


Government: More Border Exceptions For Critical Roles

The Government has established class exceptions for border entry for a limited number of veterinarians, deep sea fishing crew, as well as agricultural and horticultural machinery operators. “Tight border restrictions remain the backbone of the Government’s ... More>>


Gordon Campbell: On Last Night’s Leaders Debate

Do political debates change voter intentions, and cause voters to switch sides? According to a 2019 Harvard Business School study conducted across 61 elections in nine countries involving 172,000 respondents, the answer would seem to be a resounding ... More>>


Dunne Speaks: The Election Campaign Just Grinds Slowly On And On

With just over three weeks until the General Election, the release of the first major pre-election opinion poll this week confirmed what was already being reported about this year’s campaign. Although the gap between Labour and National has narrowed ... More>>

Electoral Commission: Candidate And Party Lists Released

17 registered political parties and 677 candidates will be contesting the 2020 General Election Nominations have now closed and the Electoral Commission has released the electorate and party list candidates for 2020 online at vote.nz . Advance voting ... More>>

National: Plan To Restore NZ’s Prosperity

National’s Economic and Fiscal Plan carefully balances the need to invest in infrastructure and core public services while also reducing tax pressure on Kiwi families and businesses. National Leader Judith Collins and Finance spokesperson Paul Goldsmith unveiled National’s ... More>>


NZ First: Party List

New Zealand First has a proven twenty-seven-year history of bringing balance and common sense to our government. Amid the continued setbacks of COVID-19 restrictions, New Zealand First has once again sustained its profile by selecting a strong team ... More>>





InfoPages News Channels