Description

As the cost of living continues to increase, carefully monitoring your finances is more crucial than ever. Brent Allcock, our Financial Adviser from the Stewart Group's Wellington branch, recently shared some practical advice on The Adviser Talk.

New Zealand's economy has taken a bit of a knock lately, now sitting at 33rd out of 37 OECD countries. This highlights why we all need to take charge of our own finances and make smart choices with our money. If you're struggling to make sense of your finances in these tricky times, don't be afraid to ask for help. You can get in touch with us on 0800-878-961 or check out our website at www.stewartgroup.co.nz for professional financial advice.

If you would like to read an article on this topic, here's a link to our CEO and Financial Adviser, Nick Stewart's article.: https://bit.ly/4gyjmqn

⏰ Important time-stamps

(1:09) Introduction to Stewart Group

(2:10) The cost of living crisis in New Zealand

(3:04) The need for fiscal discipline as an individual or as a household to stay afloat during the cost of living crisis

(5:49) Is the younger generation suffering from FOMO (fear of missing out) when it comes to consumerism?

(9:31) In the 50s, New Zealand was one of the top countries in terms of productivity, quality of life and general wellness. But we've declined quite quickly. Does productivity and fiscal discipline play a role in this decline?

(10:41) Should we be concerned that New Zealand ranked 33rd out of 37 in the recent OECD ranking of global economies?

(11:50) Lessons to learn from economies that were in dire economic trouble but are at the top of the OECD ranking

(14:01) Being smart and wise with your money. Knowing your income sources and expenses is crucial

(17:13) Brent's key words of wisdom to young listeners to make sure they are heading in the right financial pathway.

(18:34) Where and how do we find Stewart Group?

The Adviser Talk is available on all popular streaming platforms, including Spotify and Apple Podcasts. 

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• Brent Allcock is a Financial Adviser at Stewart Group, a Hawke's Bay and Wellington-based CEFEX certified financial planning and advisory firm. Stewart Group provides personal fiduciary services, Wealth Management, Risk Insurance & KiwiSaver solutions.  
• The information provided, or any opinions expressed in this show, are of a general nature only and should not be construed or relied on as a recommendation to invest in a financial product or class of financial products. You should seek financial advice specific to your circumstances from an Authorised Financial Adviser before making any financial decisions. A disclosure statement can be obtained free of charge by calling 0800 878 961 or visit our website, www.stewartgroup.co.nz 

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