Back to school financial hustle


Back to school financial hustle

While many of us are still adjusting after the Christmas holidays, the first school term is fast approaching. Suddenly, we’re worrying about back to school expenses like stationery, equipment, uniforms, school fees and activities.

These expenses mount up fast, which can make it difficult and stressful trying to cover them so early in the year.

NZCU Employees, however, offers Personal Loans and Christmas Club Savings Accounts for Back-to-School expenses to help you get through.

While it seems manageable with one child and barely with two, those with three or more kids need to be masters of budgeting in order to survive the back-to-school hustle.

NZCU Employees, however, are here to help from personal loans to savings accounts we’ve got some ways to make the back-to-school hustle just a little bit easier to manage.

Personal Loans

Buy the things you need today with a personal loan. You can take out a personal loan for finance and credit when needed, including back-to-school expenses. Options are flexible and can be designed to suit your needs, which offer:

  • Affordable repayments
  • A selection of repayment terms
  • Dedicated lending consultant
  • A top-up on your loan at any time*

Find out more

Christmas Saver Account

With a CHRISTMAS SAVER ACCOUNT, you can deposit regular amounts into your account throughout the year to give your family the special things at Christmas time.

Earn interest on your money while you save and access your funds before Christmas each year. Or save for back to school expenses…

  • CHRISTMAS SAVER money is available before Christmas each year
  • Free cash withdrawals and transfers are available at the end of the year
  • Earn interest on your Christmas savings throughout the year
  • Have more money to spend at Christmas time

Find out more

Make things easier for your family with these Back-to-School hustle tips:

Shop Smart and get the stationary list ahead of time: An early stationary list helps to avoid a last-minute rush when school restarts. Take advantage of sales while they’re on. Shop around, either via catalogues or online, for the best deals. Also, compare prices before heading into the store.

Stock up: Prices are low when there’s plenty of competition, but you can avoid having to pay full price in the middle of the school year. After the back to school rush, clearance racks will have marked down school supplies and clothes. For young children, buy the next size in clothes when the price is lower.

Uniforms: For mufti schools, buy clothes made to last the season, rather than just the first few weeks back. Don’t be embarrassed to go second-hand shopping. If your child’s school has uniforms try to look for second hand options on Facebook, Neighbourly, Trade Me, in uniform shops, or school noticeboards.