“My wife and I had never been budget conscious, we avoided getting credit cards overdrafts or even HP’s because earlier experiences showed that money had a tendency to burn a hole in our pockets. If the bills weren’t paid early on there simply wasn’t enough money to pay them, no matter what we earned.
The crunch came when I lost my job, our main source of income and our finances were soon crippled. After a brief meeting with NZCU South our Money Management coach took control of our budget and rationed our spending.
Due to our fairly casual attitude to money we didn’t really have to change our habits with the money in our pockets, because we could rest easy about the bills getting paid. Since joining NZCU we have managed to control our budget so efficiently that we now actually have savings and no more freaking out when an unforeseen bill arrives.” – Carlos