We're good at booking the dentist, servicing the car, and scheduling annual GP check-ups. But when did you last look at whether your mortgage, insurance and KiwiSaver are still working for you?

Over the past years, households have navigated significant change - interest rates, cost-of-living pressures and economic uncertainty. Through it all, most people's financial structures stayed the same. The concept of a financial health check isn't new, but it's more relevant now than it's been in a while. Families are managing on the surface, but are stretched underneath. A mortgage, insurance policy, or KiwiSaver set up three years ago was designed for then, not for the person you are now.

Your financial vitals are worth checking. Just like preventative health care, small adjustments made early are less painful than managing a problem after it's grown. A financial review doesn't have to be complicated:

• Is your mortgage structure still suited to your income and goals?
• Have your income, expenses, or financial commitments changed recently? 
• Are your repayments manageable, or is your fixed rate soon to roll over?
• Is there flexibility for what the next few years might bring?
• Have there been family changes (new child, marriage, separation)? 
• Is your insurance cover still a true reflection of your life, or has your family, income, or property situation shifted?
• Do you know what KiwiSaver fund you’re in, and is it still the right one for your stage of life?
• Are you contributing enough for the retirement you want? 

Prevention over crisis. Most people only seek financial advice when something has gone wrong. A regular check-in gets you ahead of the problem (often with simple adjustments), so your financial structure supports the life you have and the life you want. If it's been a while, get in touch to book that check-up.

Call Jess Barlow – your local mortgage adviser
021 5377 01
jessica@mortgagesupply.co.nz