• BEE GEES - MORE THAN A WOMAN

    Now Playing

    MORE THAN A WOMAN - BEE GEES

  • TRACY CHAPMAN - FAST CAR

    Previously Played

    FAST CAR - TRACY CHAPMAN

  • ERIC CLAPTON - I SHOT THE SHERIFF

    Previously Played

    I SHOT THE SHERIFF - ERIC CLAPTON

  • THE HUMAN LEAGUE - DON'T YOU WANT ME

    Previously Played

    DON'T YOU WANT ME - THE HUMAN LEAGUE

  • PAUL McCARTNEY - WITH A LITTLE LUCK

    Previously Played

    WITH A LITTLE LUCK - PAUL McCARTNEY

  • ROD STEWART - RHYTHM OF MY HEART

    Previously Played

    RHYTHM OF MY HEART - ROD STEWART

  • David Bowie - SORROW

    Previously Played

    SORROW - David Bowie

  • THE POINTER SISTERS - JUMP

    Previously Played

    JUMP - THE POINTER SISTERS

  • ELVIN BISHOP - FOOLED AROUND AND FELL IN LOVE

    Previously Played

    FOOLED AROUND AND FELL IN LOVE - ELVIN BISHOP

  • STEVE WINWOOD - WHILE YOU SEE A CHANCE

    Previously Played

    WHILE YOU SEE A CHANCE - STEVE WINWOOD

  • NEIL DIAMOND - I AM...I SAID

    Previously Played

    I AM...I SAID - NEIL DIAMOND

  • EURYTHMICS - IT'S ALRIGHT

    Previously Played

    IT'S ALRIGHT - EURYTHMICS

  • RUPERT HOLMES - ESCAPE (THE PINA COLADA SONG)

    Previously Played

    ESCAPE (THE PINA COLADA SONG) - RUPERT HOLMES

  • KIM CARNES - BETTE DAVIS EYES

    Previously Played

    BETTE DAVIS EYES - KIM CARNES

  • STEVIE WONDER - PART TIME LOVER

    Previously Played

    PART TIME LOVER - STEVIE WONDER

  • CHICAGO - IF YOU LEAVE ME NOW

    Previously Played

    IF YOU LEAVE ME NOW - CHICAGO

  • BILLY JOEL - BIG SHOT

    Previously Played

    BIG SHOT - BILLY JOEL

  • GORDON LIGHTFOOT - IF YOU COULD READ MY MIND

    Previously Played

    IF YOU COULD READ MY MIND - GORDON LIGHTFOOT

  • KC & THE SUNSHINE BAND - GIVE IT UP

    Previously Played

    GIVE IT UP - KC & THE SUNSHINE BAND

  • THELMA HOUSTON - DON'T LEAVE ME THIS WAY

    Previously Played

    DON'T LEAVE ME THIS WAY - THELMA HOUSTON

  • MICHAEL JACKSON - MAN IN THE MIRROR

    Previously Played

    MAN IN THE MIRROR - MICHAEL JACKSON

-

Hannah McQueen - Get a handle on your money situation

Author
Hannah McQueen,
Section
Money,
Publish Date
Tuesday, 13 December 2016, 2:48PM
Photo: Getty Images
Photo: Getty Images

If you’re broke at the end of each week, struggle to pay bills on time or haven’t started saving for retirement, you have probably accepted this as being normal. But it doesn’t need to be. If you wish to get ahead financially, it is vital to break the bad habit of living from one payday to the next.   

Most people associate the habit with people on low incomes or students. But living on Struggle Street is a problem that can affect anyone, including the well off. 

Getting ahead has less to do with how much you earn and more to do with achieving the right balance between enjoying today and planning for the future. Money is an emotional and complex topic so at enableMe we assess people’s financial fitness. Once, we have established that, we start creating money habits to build wealth – no matter what your income is. 

The first step is to set goals. If you don’t do this, then how do you know what you are trying to achieve financially? It is important to be specific and make your goals measurable so you can see the results. Ensure that the goals are attainable, realistic and within sensible time frames. Once you have decided on your goals and their timeframes, then you can make informed choices about how to achieve them. 

Second, track your spending. This is where you need to be honest. How much do you own and owe. You need to know exactly how much you earn and what you spend your money on.  Establish what costs you can cut back on and see if you have money left over at the end of each month. If you don’t, then you need to find more – sell assets or get a second job.  Surplus cash can then be put towards your finance goals.

Finally, to get ahead financially you need to change your thinking from hoping to doing.  The way to do this is to have a good plan in place, and one that doesn’t make you feel deprived.  This gets you moving in the right direction, which in turn, builds momentum and achieves results. The most effective motivator is results. If you are accountable to someone who is qualified and impartial you will reach your goals faster. If you would like to meet with an enableMe personal financial trainer, and achieve your financial goals faster, phone 0800 897 898 or visit www.enableme.co.nz to book a consultation.

 

About enableMe:

EnableMe is one of the country’s fastest growing financial advisory firms, with a client base of more than 4,000 people. There are eight locally owned franchises nationwide in Auckland, Bay of Plenty, Wellington and Christchurch.  

The company was founded in 2007 by Hannah McQueen. She is a Chartered Accountant with degrees in commerce and taxation law. Hannah is one of New Zealand's leading experts in personal finance and is the 'go-to' person for many TV and radio shows, newspapers and magazines.

She is also the author of two books: The Perfect Balance - How to get ahead financially and still have a life. Her second book, Kill Your Mortgage and Sort your Retirement, was published in 2015.