{"id":172787,"date":"2025-12-08T00:03:10","date_gmt":"2025-12-08T00:03:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/172787\/"},"modified":"2025-12-08T00:03:10","modified_gmt":"2025-12-08T00:03:10","slug":"why-financial-relief-never-came-for-new-zealanders-in-2025-the-prosperity-project-podcast","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/172787\/","title":{"rendered":"Why financial relief never came for New Zealanders in 2025 \u2013 The Prosperity Project podcast"},"content":{"rendered":"

Verry told The Prosperity Project<\/a> that the key differentiator often isn\u2019t income \u2013 it\u2019s debt levels. He recalls working with a couple earning more than $200,000 who were tipped into crisis when mortgage rates soared.<\/p>\n

He says financial mentors can help assess your options when things become overwhelming. \u201cWe look at options. Can we make some adjustments? Can we consolidate? Are there things we can cut out for a period of time just to get ourselves back on track?\u201d<\/p>\n

Verry says financial mentors can also become advocates to help negotiate with lenders to find a repayment arrangement that is realistic. Surprisingly, he says, debt collectors can sometimes be the most flexible. \u201cFunnily enough, they\u2019re actually probably one of the easiest groups to negotiate with about repayments or suspending repayments.\u201d<\/p>\n

Despite the tough year, Verry believes there are reasons to be optimistic heading into 2026, as lower interest rates flow through to businesses. \u201cIf they can actually get to that point of feeling more confident about employing more people, expanding what they\u2019re doing \u2026 then that can flow through to the people, and they can actually earn a little bit more money.\u201d<\/p>\n

Verry\u2019s help \u2013 and that of other financial mentors \u2013 is available for free through Money Talks. He encourages people to seek help before their situation becomes desperate. \u201cA lot of people keep it all inside them, and I guess that\u2019s where we can be the safety valve. People can come and open up. You are not the only one \u2013 there are many, many people in exactly your situation.\u201d<\/p>\n

Listen to the full episode of The Prosperity Project<\/a> for more.<\/p>\n

The podcast is hosted by Nadine Higgins, an experienced broadcaster and a financial adviser at Enable Me.<\/p>\n

You can follow the podcast at iHeartRadio<\/a>, Apple Podcasts<\/a>, Spotify<\/a> or wherever you get your podcasts. New episodes are released every Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"Verry told The Prosperity Project that the key differentiator often isn\u2019t income \u2013 it\u2019s debt levels. He recalls…\n","protected":false},"author":2,"featured_media":172788,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[836,138,10748,219,1644,2082,78,13631,117,111,139,69,3800,3263,20586,9361,223,4276,24750],"class_list":["post-172787","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-836","tag-business","tag-came","tag-economy","tag-financial","tag-for","tag-in","tag-never","tag-new","tag-new-zealand","tag-newzealand","tag-nz","tag-podcast","tag-project","tag-prosperity","tag-relief","tag-the","tag-why","tag-zealanders"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/172787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=172787"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/172787\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/172788"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=172787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=172787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=172787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}