Jack at PFSL

01/12/2021

We're about to exit lockdown and enter into the traffic light system this Friday.

I know its a bit cliche, but I think everyone should absolutely give themselves a pat on the back for going through the longest lockdown of our lives.

I like many others am absolutely buzzing at the prospect of being able to finally go to the gym after nearly 4 months without it.

Let us know what are you most excited to experience again this coming Friday!!

24/11/2021

Track Your Spending!!

No I am not saying track each and every single transaction that you make.
That would be a bit too much for most of us!

Instead notice when you're most likely to spend money!
For example I noticed last year that I would tend to feel hungry around midday most days at the office.

My solution?
Pie & Coffee

Now pies are great, but I realised that on average I was spending on average about $50 Monday through Friday on food & drinks.

$50 a week.
Which is $200 a month.
Which is $2,600 A YEAR!!

$2,600 that I could have spent on a very nice holiday!

The solution to this $2600 problem was quite simple!
Make extra dinner each night, enough to leave me some leftovers for the following day!

Not only did I stop eating out as much but I also started eating Healthier overall.

I saved not only money but improved my overall health and wellbeing!

So use the example of my story and apply it to yourself!

What guilty habits can you cut out?
Find them and see what triggers you to spend during these times!

22/11/2021

Set Yourself a Budget!

The easiest way to get out of debt and to boost your savings is to plan it out.

We recommend checking out this budgeting tool by sorted.org.nz

https://sorted.org.nz/tool/budgeting-tool

17/11/2021

15/11/2021

Combine Your Debt and Save on Interest!

Yes thats right you read that correctly!

A lot of Kiwi families will have both a home loan and in addition will have car loans.
What many aren't aware of is the fact that you can combine your car loans together and make them part of your home loan.

This is known as debt consolidation!

This way instead of instead of paying up to 13% p.a on your car loan you can end up paying around 3.5 to 5% depending on market home loan rates!

So if you want to save some money and free up more monthly disposable income, consider combining your debts.

Get in touch today about Debt Consolidation, don't wait!!

Visit my website: www.jackatpfsl.co.nz

Contact Me:
📱 022 193 0497
☎️ 09 390 2636
✉️ [email protected]

12/11/2021

Talk To Us Today!

If you have any questions about Home Loans, Insurance or just general questions get in touch with us today!

📱 022 193 0497
✉️ [email protected]
☎️ 09 390 2636

11/11/2021

Pay Bills On Time!

Let me say it again for those who may need to hear this twice.

Pay Your Bills On Time!

Not paying their bills on time is one of the most common mistakes that young Kiwis and one which has detrimental effects on their future.

Paying your bills on time is an important aspect of taking control of your financial life. Knowing when your bills are due and making a habit of paying them by the deadline can reduce your stress, save you money, boost your credit score, and enable you enable you to SAVE MONEY in the future.

So here are some tips to help you pay your bills on time:

- Consolidate your bills:
Say you get your power, internet & phone bills from 3 different companies, this means depending on the frequency of your billing you can have up to EIGHT BILLS to look for each week. Instead we recommend to instead try and have all these services under one roof, under the same company. That way you only have to track one bill at a time and its far less stressful!

- Learn Your Billing Cycle:
As soon as you receive your paycheck, pay the bills that are due prior to your next paycheck. If you don’t have enough money in your account to regularly pay all of the bills due before your next paycheck, contact your creditors to change a couple of your payment due dates.

- Pay Your Bills in Advance:
Can you pay your bills before they are due? Yes. If you have a really hard time making your payments on time, you might want to consider prepaying your bills to avoid those punishing late fees. Many creditors will allow you to pay your bills in advance, effectively creating a credit.

So then what is the overall benefit of paying your bills on time?

Prospective creditors such as banks and card companies use your credit report and credit score to determine whether to approve your application, how much credit to extend (such as for a mortgage loan or line of credit), and how much interest to charge.

The better your record and the higher your score, the more likely your future applications for credit are to be approved—and at a lower interest rate.

10/11/2021

Avoid Impulse Spending

Well I think everyone would agree that this is easier said then done!

But we have a couple of tips for how you can go about avoiding impulse spending.

Tip #1:
Give yourself 24 hours. If you're thinking about purchasing the latest new iPhone or iPad, give yourself 24 hours. Think it over, evaluate how it affects your saving goals.

Tip #2
Go do something else. If you're going to impulsively buy something you tend to be anxious and stressed at this time. Go do another activity.
That way when the time comes to purchase you can be confident that your making a decision with ration and not emotion!

Tip #3
Relate to your saving and future goals and see where the purchase sets you back. Instant gratification diminishes the success of our future. We need to stay vigilant and play the long game. Short bursts of happiness are nothing compared to constant sustained joy in the future.

09/11/2021

Set Savings Goals to Help You Focus.

The first step to sorting our finances is working out where want to be money wise and what our priorities are.

Setting Financial goals us focus our money and our lives.

You need to consider the following:

- Short or Long Term
- Small or Large

After this you need to need to make sure that your goals are all achievable.

09/11/2021

Lets Talk About Saving!

Over the next few days we will be talking about the most crucial component to financial freedom that many Kiwis overlook!

That's right we're talking about savings!

We will be posting some simple tips and tricks showing how simple it is to save and the uses.

24/10/2021

Happy Labour Day Team!

23/10/2021

Hope everyone enjoys the long weekend!
Stay safe, reenergise and lets finish the year off strong!