This site seeks to improve your financial situation through better money management.
It is specifically designed for people who:
Want to stop spending more than they earn
Want to stop spending what they earn
Want to get ahead in life through better money management
If you are looking for a realistic, achievable approach to financial fitness and financial security – not a ‘How to Get Rich Quick’ guide - then you have come to the right place.
Money Essentials' free money guide will:
Get your personal finances in shape in a short period of time (8 weeks)
Financial literacy means making better money management decisions.
On the surface, financial literacy means different things to different people.
For some, it means having basic money management skills like budgeting, saving, investing and retirement planning.
These people believe the ultimate goal of financial literacy is the peace of mind that comes from achieving financial security.
For others, it means understanding economics and how household decisions are affected by prevailing market conditions and circumstances.
These people are primarily concerned with the stability of the financial system, the proper allocation of economic resource and the growth rate of the economy.
Government and educational bodies define financial literacy as a person’s ability to make informed judgements and decisions regarding money management.
Despite these seemingly different viewpoints, there is a common thread:
Financial literacy involves acquiring essential knowledge and skills to enable better financial decision-making (while giving due consideration to the possible consequences).
In essence, financial literacy makes better money management decisions possible.
Better money management decisions not only benefit you, they benefit the NZ economy:
Greater stability in the financial system
The proper allocation of economic resource
Stronger economic growth
Financial literacy is not hard to achieve.
At its heart lie four essential ingredients:
An ability to do basic maths (addition, subtraction, multiplication and division)
The realisation that all money management decisions have consequences
An ability to grasp basic financial concepts (like net worth and debt consolidation)
The self-awareness to know when it’s time to seek professional help
Financial literacy goes beyond financial education and financial knowledge.
Financial literacy requires understanding and then application of financial knowledge.
Financial literacy means making better money management decisions.
Financial literacy leads to financial security and a better standard of living.
My view of wealth creation is based upon a simple model:
Continual financial education builds
Relevant financial knowledge and literacy which enables
Better money management decisions which leads to
Greater financial security and a better standard of living
I used this model to take me from where I was 15 years ago – unemployed and in debt – to where I am now – a homeowner with a bright future ahead of me.
From personal experience I know that financial literacy provides many benefits:
Financial literacy influences how you save, borrow, invest and manage money.
Every day important money management decisions have to be made:
Spending: where to shop, what to buy, how much to pay, how to pay, etc
Saving: how much to save, how often to save, when to start, what return, etc
Borrowing: how much to borrow, who from, for how long, what type, what rate, etc
Investing: who to invest with, how long to invest for, what type, what return, etc
Risk Management: how safe is safe, who can I trust, what could go wrong, etc
These money management decisions range in complexity depending on the situation but all require at least a basic level of financial literacy before they can be made.
Adding to the complexity is an ever-increasing supply of financial products and services, not to mention the large number of financial service providers in NZ (banks, finance companies, brokers, insurers, credit unions, software companies, etc).
The ability to make well-informed money management decisions plays an important role in managing your financial affairs effectively.
All else being equal, a person with a good level of financial literacy is better prepared to manage their cash flows, build their wealth, and protect their assets.
Financial literacy is the tool that helps you make good money management decisions – the costly alternative to financial literacy is to gain experience through ‘trial and error’.
Financial literacy leads to financial security and a better standard of living.
Money Essentials' free money management guide is the result of 15 years of education and knowledge – condensed and organised to get your finances sorted in 8 weeks.
This free money management guide can make you an expert money manager.
It is specifically designed for people who:
Want to stop spending more than they earn
Want to stop spending what they earn
Want to get ahead in life through better money management
In just 8 weeks you will have the knowledge you need to get your finances sorted.
Once you have completed this free money management guide I believe you will be:
Skilled enough in money management to get your finances sorted
Able to seek out information specific to your situation
Confident enough to ask the experts relevant questions
Able to understand and interpret the information you receive back
Able to break the poverty cycle and enjoy a comfortable retirement
The ultimate aim of this free money management guide is for you to act on your own and make informed money management decisions to improve your financial situation.
This free money management guide provides the essential skills and abilities you will need to improve your financial situation.
Don’t rely on guesswork – trial and error is often unproductive and expensive.
