Mental health issues can affect finances

People do odd — inexplicable, even — things with their money. Sometimes it’s because of mental health problems — diagnosed or otherwise.

It’s estimated that one in four adults will have a mental health problem at some point in their lives. According to the UK’s Royal College of Psychiatrists, one in two adults with debts has a mental health problem and one in four people with a mental health problem is also in debt. To read the full article click here

The New Zealand Herald – 21 June, 2014

 

5+ a day cheaper than takeaways

Buying seasonal fruit and veges and planning ahead are the best ways for families to eat healthily on a budget. To read the full article click here.

The New Zealand Herald – 16 June, 2014

Thousands paid out in advances

Cash-strapped Rotorua beneficiaries are receiving thousands of dollars in advance welfare payments, mostly to cover bond, rent or outstanding power bills.

Beneficiaries can request multiple advance payments to cover emergency expenses each year. But they must pay the money back from their weekly welfare payments – unlike hardship grants offered by Work and Income. To read the full article click here

New Zealand Herald – 5 June, 2014

Cheap loan scheme may hurt loan sharks

Social Development Minister Paula Bennett said this week the Government was partnering with Bank of New Zealand, Good Shepherd NZ and the Salvation Army to develop a finance initiative to offer people on low incomes interest-free and low-interest loans. Click here to read the full article

Stuff – May 7, 2014