Start the year smart: Budgeting tips for a fresh start
Message from Budgeting Services North Canterbury
The start of the new year is the perfect time to hit "reset" on finances. For families, it often comes with extra costs such as school fees, uniforms, stationery and extracurricular activities.
While it's exciting to plan for the year ahead, these expenses can add up quickly if we're not prepared.
Here are some quick tips to stay on track:
- List and budget: Note all expected expenses and work out what you can realistically afford.
- Plan for the unexpected: A small emergency "buffer" can save last-minute stress or borrowing.
- Shop smart: Compare prices, buy second-hand where possible and take advantage of school uniform swaps or community sales.
- Get the family involved: Teach children about saving, budgeting and prioritising. This is a valuable life lesson.
Starting the year with a clear plan helps reduce financial stress, so you can focus on what really matters - family, learning and creating positive memories.
Budgeting services are available to support you
Contact your local budgeting service if you would like to:
- Create a realistic budget;
- Plan a debt-free new year; or
- Get some FREE financial mentoring.
Find a local budgeting service near you (Age Concern Canterbury).
Call MoneyTalks if you need urgent advice on 0800 345 123.