Cooking The Books

Each week BusinessDesk and the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's how a family went from living paycheck to paycheck, to saving 60% of their income. Hosted by Frances Cook. One thing I’ve heard a lot when I talk to people about budgeting and money management is “just wait until you’ve had kids”. And it’s true – I had my first child, and life got more expensive, and slightly more difficult to manage. However, I’m still a firm believer that whatever stage of life you’re in, there are ways to change your approach to help yourself get ahead. Today’s podcast guest has done just that. After a dose of bad fortune they made big changes, and went from a family that lived from paycheck to paycheck to now saving 60% of their income and working towards financial independence. Not only are the three kids not holding them back, they’re on board with the change, and helping the family get there. And here’s the part that I personally found really impressive. As a family of fi