Whether you're aiming to buy your first home, pay down debt, or simply take control of your finances, now is the perfect time to get started. These five practical tips can help you build better habits and feel more confident about your financial future.
1. Pay Yourself First
Your financial well-being starts with you. Before you pay bills or spend on day-to-day costs, make a habit of putting money aside for your future.
Set up an automatic transfer to a separate savings account the moment your pay comes in. It doesn’t have to be a big amount—consistency is key. People often find that once the savings are gone from their main account, they don't miss them.
2. Create a Budget and Stick to It
Knowing where your money is going gives you control. A simple budget should cover your essentials (bills, rent/mortgage, groceries), savings, and a bit of fun. What's left is your weekly spending money—track it and stay within your limits.
There are plenty of apps and tools in 2025 to help you manage this easily—find one that suits your style.
3. Cut Back on Consumer Debt
Credit cards, personal loans, and "buy now, pay later" services can quickly become a burden. Commit to paying down these debts, even if it's just a little each payday.
Tip: Many banks allow you to reduce your credit card limit online. Lower your limit as you pay it off to avoid the temptation to re-spend.
4. Review Your KiwiSaver
KiwiSaver isn’t just for retirement—it’s also a powerful tool for first-home buyers. If you’re not enrolled, it’s never too late to start. If you are, take a few minutes to review your fund and provider.
Make sure you're in the right fund for your age and financial goals. Your provider can help guide you with free advice tailored to your situation.
5. Make Extra Mortgage Payments
Already own a home? Even a small increase in your regular repayments can knock years off your mortgage and save thousands in interest.
Example: On a $300,000 loan at 6.25% over 25 years, your weekly payment might be $462. Round that up to $500 and you could repay your loan more than 3 years earlier—and save over $33,000 in interest.
Is Now a Good Time to Act?
The property market in 2025 is full of opportunities—especially for those who are financially prepared. Whether it’s securing a lower interest rate, refinancing, or finally stepping into your first home, the best time to take action is when you're ready.
Need support getting started?
At Stephanie Murray Mortgages, we’re here to guide you every step of the way—no pressure, no jargon, just honest advice. Talk to one of our friendly mortgage advisors today.