People who come into money are considered 'lucky', but many aren't ready for the responsibility of managing it.
"I feel very foolish at having been conned. But it's that old thing: 'If it sounds too good to be true, take a double look at it'. And I forgot that."
Centrix managing director Keith McLaughlin said the rise was due in part to repayments on big ticket items taking a backseat to more immediate pressures.
Check your receipt. Have you been charged for something that you didn't receive?
These services currently fall outside of the law because they don't charge interest, only late fees.
How do Kiwis manage their money and what's their biggest success or failure?
The average bank balance among 18-24 year-olds grew by 9 percent in September.
Chris Walsh from Moneyhub says inertia can hold people back financially.
'Ridiculous': How a $200 coffee machine is saving one uni student $1825 per year
Newshub asked two budgeting experts for their top tops.
Nine in 10 adults think younger Kiwis are being "locked out" of the housing market.
The schemes can push people into financial hardship.
Also, the number of Kiwis who struggle to make ends meet has halved.
A May Centrix report shows non-mortgage lending increased 38 percent from May to June.
How do Kiwis manage their money and does it bring happiness?
It's a place women can go to learn and talk about money.
A will can also include items of sentimental value, such as a guitar or book of family recipes.
Afterpay customers can now buy goods faster and pay for them later.
From December 1, five of the current nine default KiwiSaver providers will change.
'Already they're making more off Roblox than the same money in a bank account.'
A two-hour money workshop is available for women in the workplace.
Returns might still end up negative, thanks to inflation.
How to stop your budget becoming a theoretical spreadsheet.
"When people reach the point they're sick of wasting food and money, they're ready to commit."
Groups hit hardest included renters, Māori and Pasifika and those in precarious employment.