The Happy Saver Podcast - Personal Finance in New Zealand cover image

80. Young, Bright, and Financially Wise

The Happy Saver Podcast - Personal Finance in New Zealand

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The Importance of Spending Money

Sam is 16 and has just finished his second summer working in an orchard from late December to January. He hopes to earn $50 to $60 per hour for his summer work when he has the skills. For Sam, summer is the time to earn a lump sum of between $3,000 to $4,000. Just $16 goes straight into his she's his account every fortnight, so that money is all invested, not spent. His mum has many other things pulling on her money, so he might receive this amount weekly or fortnightly,. It just depends, and he is absolutely okay with that, seeing that money going into she's ease and watching it build stops him from

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