Kia ora wāhine mā! July is here and this month we are all about budgeting!
Budgeting is the creation of a plan of how you are going to spend your money based on your income and expenses. It may sound boring, but it can be really helpful to get you on track or keep you on track!
You can start a new budget anytime, however the most obvious times to do this are when you are experiencing an increase or decrease in your income, or when additional expenses pop up in your life.
Creating a budget can help you to estimate how much you are currently spending, help you to avoid overspending, and allows you to reflect and change your spending to align with your financial goals.
If you have yet to create a budget, karawhiua!
But, if you already have a budget, it is helpful to reassess and see if it continues to align with your goals. We’ll have lots more tips throughout the month plus a very special offer coming you shortly!
Whai Rawa Fund Limited is the issuer of the Whai Rawa Unit Trust. A copy of the Product Disclosure Statement is available at www.whairawa.com/pds. All content is subject to WRFL’s financial advice disclosure statement available here www.whairawa.com/financial-advice