Well, thousands of Kiwis are turning to personal loans and Afterpay-type products to preserve what little lifestyle they can squeeze from their limited budget.
BUT having to pay additional interest turns what started as a financial squeeze into a money death-grip, eating up more of your hard-earned cash in the long run.
Another option could be getting a loan from family, but they're in the same financially uncomfortable spot you are and without a plan to pay it back, you're left with more shame than it's worth if you can't pay it back....not to mention the strain it would put on your relationship.
So, the best option for you to free up cash for the life you want MUST HAVE 03 things:
01. It must be simple. You don't need any complicated maths or risky schemes to trip you up in an already financially tricky time...plus who has the headspace for complexity when you're stressed out.
02. It must be quick. You need a solution now, so you're not feeling like you're drowning. After you've taken a few days to implement an immediate reduction in your cost of living, you'll have more wiggle room to start creating strong, long-term financial foundations for the future, preventing you from ever getting financially crunched again.
03. It must be powerful. You need to cut your cost of living by 30% or more in order for it to make a real difference to your lifestyle. There's no mucking around with $10 dollars here or there. That means you need a systematic way to slash $10,000s from your expenses.