The Herald’s Cooking the Books personal finance podcast has gone daily in lockdown, to help you get the tips you need to weather the financial storm. Hosted by Frances Cook, with a new money expert featured on each episode.
Fight, flight, or freeze – when things go wrong, those are our instincts.
So many of us are feeling the “freeze” instinct kicking in now as KiwiSaver balances take a dive around the country, leaving many wondering if they should keep putting money in or wait until this settles down.
While this is an understandable question, if you can afford to keep paying your other bills, it’s actually the perfect time to be putting money into KiwiSaver.
Listen to the podcast episode here
If you have lost your job, or are worried that you’re unstable and need every dollar you can get, then of course make sure you’re able to look after yourself now before you look after your future self.
Current needs always trump investments for the future, so you want to make sure…