Read how PocketSmith is giving Garry and his wife oversight of their day-to-day finances so they can concentrate on the bigger things, like planning for retirement.
I’m a project manager in the digital team (Information Technology) at the Bay of Plenty Regional Council. I’m married to Sharon, who works for Boffa Miskell as a Marine Ecologist. The last of the kids is moving out… yay from me, tears from mum. Now that the kids are spending less time with us, I have rediscovered mountain biking. Unfortunately, the money spent on everything associated with mountain biking has recently been exposed with us adopting PocketSmith!
Keeping the family happy.
Through work, I attended a half-day retirement planning course (I’ve still got 10 years before collecting the Gold card!). The course consisted of two parts, lifestyle changes and the financial side of retirement. The key messages of the financial part were to get an understanding of your net worth, where you are spending money and how much you could be saving. A reference the presenter provided was the Sorted website, and one of their suggestions was PocketSmith. I had a quick look at the PocketSmith website and it appeared to meet all our requirements, is affordable and we love supporting New Zealand-made where we can.
About two months.
Firstly, a few eyebrows were raised when we realized how much money we were spending in “discretionary” areas. It also made us look at the number of subscription services we have — they sure add up quickly.
After adding in our assets, debts, investments and KiwiSaver accounts, the cool thing for us is that PocketSmith has exposed that our net worth position is a lot better than we thought. Now we can focus on the lifestyle planning side of retirement!