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Tom Hartmann: Personal finance expert on data showing 55 percent of Kiwis are starting to sink when it comes to money

Tom Hartmann: Personal finance expert on data showing 55 percent of Kiwis are starting to sink when it comes to money

Early Edition with Ryan Bridge · Newstalk ZB

August 15, 20233m 16s

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Show Notes

More than half of New Zealanders say they're starting to sink when it comes to money.

Fresh data collected by the Retirement Commission, shows 55 percent are having a hard time with their finances, up 17 percent from 2021.

However, Sorted Personal Finance Lead Tom Hartmann told Kate Hawkesby the research also shows more people are starting to focus on positive money management skills.

He says more people are considering purchases before they buy, which will help get through this financial rough patch. 

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Business