{"id":1185,"date":"2024-10-10T03:31:43","date_gmt":"2024-10-10T03:31:43","guid":{"rendered":"https:\/\/whairawa.com\/wahine\/?p=1185"},"modified":"2024-10-10T03:31:57","modified_gmt":"2024-10-10T03:31:57","slug":"making-more-money","status":"publish","type":"post","link":"https:\/\/whairawa.com\/wahine\/articles\/making-more-money\/","title":{"rendered":"MAKING MORE MONEY VS SUPER SAVVY SAVING"},"content":{"rendered":"

Feeling like your paycheck doesn\u2019t quite last like it used to? You\u2019re not alone w\u0101hine m\u0101!<\/span>\u00a0<\/span><\/p>\n

An increased cost of living, is being felt by wh\u0101nau throughout Aotearoa, affecting the ability to spend on both everyday essentials and the fun occasional more extravagant purchase.<\/span>\u00a0<\/span><\/p>\n

It became a key discussion point, in our recent w\u0101hine webinar during <\/span>Sorted Money Month<\/span><\/i>, and the best course of action. When costs increase, is it more effective to increase the amount of money made, or decrease the amount of money spent?<\/span>\u00a0<\/span><\/p>\n

Content promoting \u201cside hustles\u201d or \u201cpassive income\u201d streams has gained a lot of traction online. This can increase the amount of p<\/span>\u016b<\/span>tea coming in, as can receiving a pay rise or a part time job. We had an in-depth k\u014drero around the positives and negatives of this option. Does a side hustle make the desired bump in the bank account? What are the other options if this won\u2019t work for you?<\/span>\u00a0<\/span><\/p>\n

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It’s important to recognise, that for many wh\u0101nau, increasing income is simply not an option. It may come at the cost of spending mealtimes with your family, or not being a part of those special moments, like the last rugby game of the season, or a dance recital.\u00a0 Everyone has different wh\u0101nau and career situations, comparing one situation to your own is<\/span> a<\/span>n<\/span> unfair when there are other options that may serve you better!<\/span>\u00a0<\/span><\/p>\n

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Rachel Leutele, known as \u201cThe Savvy Saver\u201d online shared her experience, when making more p<\/span>\u016b<\/span>tea isn\u2019t possible, there are a number of ways to reduce spending. The following top tips were shared by both Rachel Leutele<\/span>,<\/span> and Financial Mentor Cat Rikihana;<\/span>\u00a0<\/span><\/p>\n

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