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Home > Smart Money > Martin Hawes: Higher earners increasingly seeking budgeting help
Podcast: Smart Money
Episode:

Martin Hawes: Higher earners increasingly seeking budgeting help

Category: Business
Duration: 00:41:31
Publish Date: 2025-11-23 05:08:02
Description:

Queues at budgeting services are getting longer, and financial advisors are finding households with increasing incomes are seeking help. 

Kiwis with a household income of over $200,000 a year and likely with a mortgage are struggling to make ends meet. 

It feels like it was only a few years ago that being on a six figure salary meant you were fairly well off, but it seems it's barely enough to get out of living paycheck to paycheck these days. 

So what actually is a liveable wage these days? Do we truly need to be making half a million a year just to pay our bills and still have a bit left over for savings and fun? 

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