Cooking The Books

Each week the NZ Herald and Newstalk ZB's Cooking The Books podcast tackles a different money problem. Today, it's why saving even a little bit could change your relationship with money. Hosted by Frances Cook.People often say it’s the simple things in life, and that’s certainly true when it comes to money. Most of the things you can do to improve your financial situation are pretty simple.But it’s one of the very simplest things that will bring you the most happiness. You just need to actually use your savings account.This is from the ANZ Financial Wellbeing survey, which looks at not only whether we’re coping with our money, but also, how we feel about it.Among the results was a very interesting one for those of us who want to feel more in control: the two biggest changes to increase your money happiness are not borrowing for day-to-day expenses, and to save some money regularly.These lessons applied no matter what income people were on, and even saving a little bit had a powerful effect on financial wellbe