Advice to my younger self

August 24, 2016

For Aucklander Tania Whittaker it’s a great time to save for the future.

Have you ever thought about going back in time and meeting your younger self? What tips would you give the younger you about money?

Tania Whittaker, an Aucklander in her mid-40s, says she would tell her 20-year-old self to buy a house.

“I purchased a house when I was 25 and I would tell my younger self to do the same,” Tania says. “If we had KiwiSaver back then I would also tell the 20-year-old me to start saving with KiwiSaver as soon as I began working full time.”

Tania joined KiwiSaver when the scheme began in 2007. She says she finds KiwiSaver an easy-to-manage retirement plan and enjoys the added bonus of government and employer contributions.

“Kiwi saver works well for me as it was easy to get set up. I may not have had a retirement plan otherwise,” Tania says. “A lot of people around me were joining at the same time, which was reassuring.”

She has also seen first-hand the importance of savings and having a retirement plan in place.

“I know of a few people who are around 65, at the moment, and it’s interesting to see where they are positioned financially. Some are in a good position; while others had quite a rich lifestyle in their heyday of the 80s and 90s but are now are struggling as they have no retirement plan in place.”

Tania credits her grandmother with instilling in her the importance of saving for the future: “My grandmother was great at saving and used to hound me to save more.”  

She now wants to spread the word to encourage others to do the same.

“Start KiwiSaver as soon as you can. It’s never too early to start saving for the future.”

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