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Lauren Quinn

3 steps to instant savings

There’s a lot that you can do to make big savings, and sometimes, it’s the little things that can make a big difference. You can make significant savings by doing these 3 things right now: Calculate your weekly income Calculate your weekly spend Automate your current savings For example, let’s say you take home $750 a week after tax. And let’s say last week, you spent $733. The simplest thing you can do right now is set up a weekly…

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The secret to your budget? Buckets.

If you’ve never had a budget, or if you’ve tried and given up on one before, it can be easy to get overwhelmed. Visions of complicated spreadsheets and living on nothing but 2 minute noodles make the idea seem at best, snore-inducing and at worst, overly restrictive. But the truth is it takes very little effort to get a basic system – ‘money buckets’ – in place. This is great news, as it can mean the difference between major savings…

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listen to these 6 money podcasts
6 personal finance podcasts to change your money mindset

Ready to change your money mindset? These fantastic money podcasts may be just the inspiration you need… My millenial money This Aussie podcast is perfect if you want to sort out your financial future but aren’t sure where to start. Join Glen James and John Pidgeon for a laidback discussion on heaps of financial themes particularly relevant to those in their 20s, from HECS debts to ‘rentvesting’. So Money In this daily podcast, financial expert Farnoosh Torabi interviews people from…

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7 tips to save money in 10 minutes
7 money saving tips you can complete in 10 minutes each

It can be all to easy to chuck anything money or finance related in the too-hard basket. But the truth is, spending a few minutes sorting out just one aspect of your finances can make a big difference. If you’ve got 10 minutes to spare, complete one of these money saving tips and you could see instant financial results. Empty your spare change into a jar Then pop on the lid. Now every time you’ve got a few bits of…

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How to enjoy a low-spend long weekend

As the long weekend kicks off, it can be all too easy to fill your time with fun and frivolous spending. But before you know it, Monday night rolls around and your bank balance is looking more than a little depleted. Luckily, it doesn’t take much to reset your default setting from ‘spend’ to ‘save’ for a few days, and the savings can be pretty significant. Read on for our tips to boost your savings in just a few days.…

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5 super fun (and frugal) school holiday hacks

If the school holidays have you fearing those dreaded words, ‘I’m bored!’ but you know you don’t have cash to spare, never fear – a quick Credit Simple brainstorm is all you need. Check out our top 5 tips to help you survive – and thrive – during these school holidays, with your budget and savings well and truly intact. 1. Get out and about – for free Whether you’re planning a vacation or a staycation, the school holidays are…

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Will the sun always shine on your mortgage?

Mortgages in Auckland are not small. The average one is $393,000 and a quarter of them are at least $500,000. When you owe that much money you want to know things are going to be okay: that your property values will stay up, that your interest rates will stay down. But the truth we come to know quickly in the credit rating business is that unhappy surprises have a habit of turning up. These post-GFC times have given us some…

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What affects your credit score (and why it matters)

Your credit score is a number between 1 and 1,000 that indicates how financially healthy and responsible you are, and how likely you are to pay your debts. Understanding how this score is calculated is crucial to improving your score, so you can get better deals from your bank, telco, insurance company and more. Here’s what affects your credit score: Defaulting on a payment, even if you eventually pay it. Even if it’s a day late, it’s considered a default.…

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Flipping the switch: Why it’s easier than ever to switch banks

So you’ve been sifting around on CreditSimple.co.nz and seen some sweet deals, but you’re thinking it’s wayyyyy too hard to switch banks, right? Errr, pull up a chair and sit down for a moment. Actually, switching banks is easier than ever. Thanks to internet banking, our bank accounts capture loads of information – think about how many automatic payments or preloaded payees you have on your account (mum, dad, utilities, the local pie shop and so on) – and having…

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