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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Queues at budgeting services are getting longer, and financial advisors are finding households with increasing incomes are seeking help.&nbsp;
Kiwis with a household income of over $200,000 a year and likely with a mortgage are struggling to make ends meet.&nbsp;
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.&nbsp;
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?&nbsp;
LISTEN ABOVE

Looking to make sense of your dollars? Newstalk ZB’s Smart Money delves into the deep, dark recesses of unwanted debt, traverses the highs and lows of investments and helps to ensure you money works for you.

Our industry experts give us their top tips on a wide selection of topics including mortgage rates, stock, savings, goal-setting and retirement.

Looking to make sense of your dollars? Newstalk ZB’s Smart Money delves into the deep, dark recesses of unwanted debt, traverses the highs and lows of investments and helps to ensure you money works for you. Our industry experts give us their top tips on a wide selection of topics including mortgage rates, stock, savings, goal-setting and retirement.

Looking to make sense of your dollars? Newstalk ZB’s Smart Money delves into the deep, dark recesses of unwanted debt, traverses the highs and lows of investments and helps to ensure you money works for you.

Smart Money

Martin Hawes: Higher earners increasingly seeking budgeting help

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/0061b8ee-6580-4d8b-b886-b39e00525df7/transcript

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