Making Cents

If property prices are doing your head in and you’re starting to wonder whether buying a first home is even possible anymore, it’s time to figure out what’s actually happening.

A listener from Wellington writes in to say they love their city, they want stability for their kids, but every time they look at the market, it feels completely out of reach.

Plenty of us get angry about the money world being unfair. But few people get angry enough to actually change something.

Sasha Lockley did.

Sasha started Money Sweetspot because, in her own words, she was furious. Furious that so many ordinary New Zealanders were working hard, making tough decisions, and still drowning in debt.

In this episode of Making Cents, we dig into the emotional and practical realities of debt in New Zealand.

We talk about why people get trapped, what actually works to pay down loans faster, what doesn’t, and how shame, guilt, and overwhelm derail the plans you make.

We also look beyond the individual level. Because while there are things we can control in our own financial lives, there are also parts of the debt system that need fixing, and Sasha has a front-row seat to what needs to change.

In this episode we cover:

- Why Sasha got angry enough to start Money Sweetspot

- What she’s learned from thousands of real NZ debt stories

- The loan traps catching ordinary Kiwis every day

- The worst debt myths doing the rounds online

- What actually works when you’re trying to pay off the credit card faster

- Why shame and avoidance make debt worse, and how to break that cycle

- Simple first steps if you’re overwhelmed and don’t know where to start

- What needs to change at a system level to stop this happening to so many people

If you’ve ever felt stuck, ashamed, or overwhelmed by debt, this conversation will help you understand what’s really going on, and what you can realistically do next.

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Become an investor with less stress, and no finance degree.

Frances Cook joins the TVNZ Breakfast team to talk about how to get out of your own way if you've been wanting to dip a toe into the sharemarket.

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If you’ve pushed money aside for years, only to wake up in your mid-40s with a toddler, a tiny KiwiSaver balance, and a creeping fear about what life looks like at 70… where do you even begin?

That’s the heart of today’s Ask the Experts letter.

A single mum at 46 is saving just a few dollars a week, working part-time, and terrified that she’s already run out of time to build any kind of financial safety.

So what are the options when you’re starting late, starting small, or starting over?

• How much is “enough” for retirement?
• Does homeownership still make sense when you’re on the back foot?
• What can you realistically focus on when your capacity is limited by childcare, low income, and years of unstable work?
• And is it ever truly too late to turn things around?

Shelley Palman from EnableMe is in the hot seat to map out the options, the trade-offs, and the first practical steps to take when you’re overwhelmed but determined.

A simple $20 tweak can dramatically cut down the life of your mortgage, so now it’s time to talk about the strategy I used to shave eight years off mine.

With just a small repayment, years disappeared. So here’s how, and why, it works.

I’ve used my experience as a financial journalist to change my money, so get an inside look at my finances, then why extra repayments are so powerful in the early years of a home loan, how interest is actually structured, and the practical ways you can use that to get mortgage-free faster to make it work for you.

Time to talk about the main mortgage repayment strategies available in New Zealand, and how to figure out which one works for your lifestyle and spending habits.

Plus: how to automate extra payments, how to use falling interest rates to your advantage, why fortnightly repayments sneak in an extra payment each year, and when to throw windfalls at the loan for maximum impact.

If you’re trying to get ahead on your mortgage without sacrificing your entire life to it, this episode gives you the simple tactics that make the biggest difference.

Tune in for a realistic, NZ-specific breakdown of what actually works, and how small changes can save you years.

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