Image Source: AsiaOne
New Zealand - August 18, 2022 — A growing number of New Zealanders are struggling to make ends meet. For Millennials, especially, saving and growing wealth has been a challenge since entering the job market during the global recession of 2009/10. Now, as the cost of living soars across the globe due to various socio-political factors, it’s becoming increasingly difficult for households to keep their heads above water, never mind save for future rainy days.The irony is, however, that the only way to overcome the current cost of living crisis and ensure a secure financial footing for the future is to focus on long-term investments. For those already struggling to pay all their accounts at the end of the month, this might seem like an unachievable and impractical goal. However, it is still possible to save, even when money is tight.
Source: AsiaOne