Boom or Bust? Your March 2025 Money List
What's trending and what's not for your wallet this month? Check out our top picks based on the latest media buzz.
Booming.
- Buying a house is looking better by the day, especially...... buying a house in Wellington, now New Zealand’s most affordable city ! (but sadly, not for renters...)
- Jumping on the bandwagon and fixing your mortgage for longer as rates drop below 4.99%
- Getting yourself a coffee subscription with all you can drink for $70 per month in Wellington.
- Getting a small cost of living reprieve by paying less to fill up the car at the pump
Busted.
- Selling a house in Wellington (especially if you bought it 4 years ago..)
- Watching your KiwiSaver balance wobble (and bravely holding the line!!)
- Paying more $ to butter your toast ☹
- Being under 40 and more in debt than previous generations thanks to BNPL schemes
- Not getting a refund for your cancelled summer festival tickets!
And for fun:
- Scoring a Wellington retro dream for your first home, or buying an unusual Seatoun property worthy of a Grand Designs project....
- Returning your grandad’s library book after 99 years (and avoiding the fine)
- Paying $2.99 at an op shop for a painting worth thousands
- And last but not least - giving up your corporate job to follow your belly dancing dreams or to live with monks (not sure how they afford it but we are onboard for the inspiration!)
Got some picks to share? Let me know
Shona@velocityfinancial.co.nz
This article was written by Shona and peer reviewed by our financial advisory team.
Disclaimer: I am not a financial adviser and what I have shared is generalised information that has been peer-reviewed by my team.
As always, make a time with our financial advisers for expert advice about your own specific situation.
About Shona: HI, I’m Shona, the communications and marketing support person for Velocity Financial. Designing effective communications in a complex industry such as Finance is a worthy challenge. Finding ways to bridge gaps between complex financial information, and the everyday needs of people trying to navigate that world through informed choices, is something that I relish. I love deciphering and disseminating the expert knowledge and ideas of our clever team, into simple messages that speak directly to our clients, who are hungry for more knowledge and better understanding (like me!). In my outside life, I am a keen photographer and, like others in the team, I have a passion for the outdoors, hiking and mountain biking. I also train in martial arts and have been known to wield a sword on occasion.
Disclaimer: I am not a financial adviser and what I have shared is general advice that has been peer-reviewed by my team. As always, make a time with our financial advisers for expert advice about your own situation.
Always get professional advice
The information shared in this post is meant to be general guide to support you on your journey. When making important decisions about your finances, we encourage you to seek independent financial advice first, tailored to your unique situation. As well as talking with a financial adviser, make sure you talk to your lawyer and accountant too – together they'll help you find the best solution for your specific situation. Our knowledgeable financial advisers are here to help. Check out our website for the details about our financial advisory services in our disclosures https://www.velocityfinancial.co.nz/disclosure-statement.