But, I mean, in your household, and you may not want to answer this, would there be a certain assumption that, that, you know, you know what you're doing, so?

Yeah.

A- and you actually mentioned this at the start of the conversation.

Lots of couples and families, there's one person that takes the lead.

Um, you know, it can be the man or the woman or, or, or anyone, but someone tends to ha- often will have a kind of a predisposition for wanting to pay bills and make sure everything's organized.

And, and actually, if that, uh, the other person doesn't, that actually works quite well.

You've got the yin and the yang, and as long as there's open conversations and the person that's not, you know, paying the bills and sorting the credit card out feels informed, and it's open to them, then that can k- work quite well, and often better than two people that both want to, um, you know, kind of run the ship.

Or did you learn everything you know about money as a grownup sort of thing?

you

actually mentioned this at the start of the conversation lots of couples and families there's one person that takes the lead and you know it can be the man or the woman or or anyone but so someone tends to often will have a kind of a predisposition for wanting to pay bills and make sure everything's organized and and actually if that the other person doesn't that actually works quite well you've got the yin and the yang and as long as there's open conversations and the person that's not you know paying the bills and sorting the credit card out feels informed and it's open to them and that can work quite well and often better than two people that both want to um you know kind of run the ship and so again it's the communication side of things i think that's important but if one person takes a lead i think that works quite well in the majority of cases

Actually, do you remember what did you learn from your parents, Nick, when it came to money? Or did you learn everything you know about money as a grown-up sort of thing?

No, so my parents actually both worked and it wasn't a high income family, but they both worked full time.

And actually my parents enjoyed money, so they weren't particularly good savers.

They preferred going on holidays and going for dinner on somebody's birthday and those sorts of things.

So we weren't... rich at all but things like holidays were prioritised when we could afford them and we were but we were expected to go out and work as well and you know we've all had newspaper rounds and that sort of thing and so I think it was quite a good environment for me growing up to be expected to work but also money wasn't something that we you know weren't talking about or discussing

But preparing for a toughening economy, do you have any sort of thoughts on what people should do if we're worried about the fact that the cash rate is going to go up eventually? And I don't think New Zealanders are feeling that they were suddenly going to be flush with cash despite whatever economic data we hear.

Yeah.

Yeah.

And I think since COVID, the New Zealand economy has been in pretty tough times.

And so people may be thinking that they've just started to come out of that.

And here we go again.

Energy costs are going up.

But it feels that we've sort of settled into, I don't know, have people made adjustments in other parts of their budgets so they can just deal with the fuel price change? It doesn't feel that we're actually as stressed about it as

But, you know, preparing for a toughening economy, do you have any sort of thoughts on what people should do if we're worried about the fact that the cash rate is going to go up eventually? And, you know, I don't think New Zealanders are feeling that they were suddenly going to be flush with cash despite whatever economic data we hear.

Yeah.

Yeah.

And I think since COVID, the New Zealand economy has been in pretty tough times.

And so people may be thinking that they've just started to come out of that.

And here we go again.

Energy costs are going up.

But I must say, I don't feel as – you know, there was a catastrophic – time where everyone felt oh this is terrible petrol's gone right up but it feels that we've sort of settled into i don't know have people made adjustments and other parts of their budgets so they can just deal with the fuel price change and have we sort of it doesn't feel that we're actually as stressed about it