“As a small business owner who has really struggled for two years through the impact of COVID-19 and long lockdowns and loss of custom, now I am facing a rise in cost of living, inflation and mortgage payments. I had proudly been a debt-free individual, but I started struggling with so many things beyond my control. I needed to prioritise my life so that I could keep my business afloat and ultimately leave a legacy for my family. But the truth was I was only treading water: finding the money to pay staff, cover the mortgage, buy groceries and put petrol in the car. I couldn’t breathe. It felt like Groundhog Day. Then came the floods in Auckland, and while my business only suffered a little bit of damage, it still put my insurance premiums up. I heard about NSBS and the mentoring support and financial stress relief they could offer, and I quickly signed up to the BFC programme. I wanted to better manage my money and reduce the burden of financial worries so that my family and I can all live happier and more fulfilled lives. And I have never looked back.”
“The financial guardianship support I received from Sue at NSBS over the last few years has been amazing. Thank you to Sue for being there and helping me all those years. She has taught me so much and has enabled me to hold my head high with the progress I eventually made. Sue was my support and mentor. She paid all my bills and managed all my day-to-day money matters, and provided employment motivation which saw me get my first job… then a better one, and a better one, and a better one! Thanks to Sue’s diligent management and mentoring, I can now leave the BFC-Plus programme happy and with money-knowledge, money-confidence and money-independence… and with $36,535.27 in my ANZ bank account which Sue generated and safeguarded for me. Now I can start a fresh new life, drug-free and alcohol-free, completely independent for the first time and with a job, a home and financial security.”
All NSBS financial mentors are professionally trained and fully accredited by FinCap, the non-governmental national body, and licensed to work in the financial capability sector. NSBS runs an independent school where students undergo the intensive and accredited Financial Mentor Training Course (FMIC). The NSBS Mentor Academy is the nation’s leading provider of financial mentor training.
Jane Be knows what it is like to feel the shame, embarrassment and helplessness of being in debt and the overwhelming stress of trying to find a way out.
“I didn’t tell anyone about my debt. Not my family. Not my friends. I felt ashamed. It was really hard to hold on to those emotional feelings, and even though my debt was relatively small, it still took me a long time to pay off and a big toll on my health and wellbeing,” she said.
The payroll executive worked overtime and took on extra jobs to pay off her debt. She felt alone and spent many sleepless nights worrying about money. “I didn’t know budget mentoring existed at the time,” Jane said. “Now I know there are specialists like NSBS who are happy to listen and help you through your money problems with no bias and no judgement.”
The sense of liberation when the arrears were paid off was immense. So much so, Jane felt her reward was to give back to her community and to let others like her know that help is available.
Jane signed up to the NSBS mentor school and successfully completed the Financial Mentor Introductory Course (FMIC), an intensive training programme for people wanting to become a financial mentor. Jane graduated top of her class, and now she volunteers at NSBS every week to help others who find themselves in a financial predicament. She’s proud of how far she has come, and wants others to feel that same sense of self-worth and freedom from money stress.
“I got myself out of debt and now I mentor others. It’s a fulfilling, rewarding role and a privilege.”