Many New Zealanders are struggling to make ends meet, with one-in-ten living beyond their means and one-quarter of buy now, pay later (BNPL) users putting their purchases on a credit card, according to Consumer NZ.
Gemma Rasmussen, a spokesperson for Consumer NZ, also said 40 percent of people are reporting no savings or were “deeply anxious” about the amount of savings they had in the bank.
