Love your KiwiSaver
As Valentine’s Day looms in February, there will be thousands of ads calling for you to spend money to show your true love.
Romance doesn’t go amiss with the Debtfix Crew and while red roses and choccies are gorgeous – so is showing some adoration to your KiwiSaver account. After all, your long-term saving scheme will still be there to care for you when your skin sags and your eyesight fades.
KiwiSaver will remain loyal to you, even when you think your relationship is over but if you’re not feeling the love, you may need some KiwiSaver guidance to help you through a rough patch.
What are your options when you want to split from KiwiSaver?
When you don’t think you can go on, you can apply for hardship to withdraw funds from your KiwiSaver fund. However, it’s not straightforward and most KiwiSaver providers want you to commit to your long-term investment love affair.
To split up from KiwiSaver you’ll need to be experiencing significant financial hardship.
Get independent KiwiSaver hardship advice
The Debtfix Crew holds hands with people who have KiwiSaver funds with Simplicity and want to apply for hardship. The Crew has heart-to-heart chats with applicants and explores all options to get their KiwiSaver relationship back on track. It could be as simple as creating a budget, which may mean you won’t be toasting with champers this Valentine’s Day, but you could cover the cost of a nice cold beer.
The Debtfix Crew will also enlist the support of others who could help smooth the turbulent times with your KiwiSaver. They may discover others have made life difficult such as Work and Income support you’ve missed out on, or debt solutions that could resolve unfair lender behaviour.
You may need to feel more connected to financial mentors as well as other social and well-being services that will make your heart sing.
Take a KiwiSaver break
You may not need to completely tear yourself apart from KiwiSaver, when a little bit of time away from one another is all you need to re-kindle your attraction. Taking a break from making KiwiSaver contributions is possible but remember, the less aroha you invest now – the less romance you’ll have when you need it most.
If you feel tempted to break free from your retirement investment and are being lured away by something that looks more attractive, call the Debtfix Crew first. We’ll see if we can give your situation a makeover that brings back those memories of what attracted you to KiwiSaver back in the day.