Saving money doesn’t have to be hard or complicated. It’s all about building small habits that add up over time. Whether you’re saving for a holiday, a house, or just a rainy day, here are some easy steps to help you get started and stick with it.

1. Pay yourself first: Before you spend on anything else, set aside a portion of your income for savings. Even just $10 a week adds up over time. Treat your savings like a bill you must pay.
2. Set a goal: Saving is easier when you know what you’re saving for. Whether it’s a new phone, a trip, or an emergency fund, having a clear goal keeps you motivated and focused.
3. Make it automatic: Set up an automatic transfer from your everyday account to your savings account. That way, you don’t have to think about it and you’re less likely to spend it.
4. Track your spending: Knowing where your money goes helps you find areas to cut back. Use a budgeting app like BudgetBuddie or jot things down in a notebook. You might be surprised how much you spend on little things!
5. Start small and build up: You don’t need to save a lot right away. Start with what you can and increase as you go. The key is consistency, not perfection.
   

This information is of a general nature and is not intended as personalised financial advice. RIVAL Wealth is a Financial Advice Provider (FAP) licenced by the Financial Markets Authority to provide financial advice. Our disclosure document is located at rivalwealth.co.nz or a written copy is available on request