Saying goodbye to student life? Starting your first full-time job can be full on, with more responsibility and new expenses - but lots more cash!
Managing that cash well now could set you up for life - make the most of schemes like KiwiSaver and Kiwibank's Graduate Pack.
Here are some tips and websites to help you when you're starting out in the workforce.
With so many careers to choose from, it can be hard to narrow it down. Start by thinking about what you enjoy doing and what you're good at. Look for work experience in the industry you're interested in and talk to people who do that kind of work.
First up, get your CV in shape. Talk to the experts about how to lay it out and get someone else to proof read it.
As well as checking out the usual avenues like job websites and recruitment agencies, talk to your friends and contacts - you never know who might be able to help you out.
You're earning more but new expenses like work clothes and travel can add up. Try to stick to a budget and pay off any debt, including student loans, as fast as you can.
If you're a recent graduate, Kiwibank's Graduate Pack can help save you money with an interest free overdraft, no monthly account or transaction fees on your everyday accounts (though service fees may apply), a low interest rate credit card, and a personal loan.
Before starting your first job you'll need to apply for an IRD number, if you don't already have one. When you start work your employer will ask you to fill in a tax code declaration form. You'll be given information to help you figure out your correct tax code.
If you're over 18, when you start a new job, you'll automatically be enrolled in a KiwiSaver scheme.
To be eligible for the Graduate Pack, you must have successfully completed your studies at a New Zealand University, Polytech or NZQA approved place of study. To be eligible for a Kiwibank Low Rate MasterCard or interest free overdraft, you need to be aged 18 or over, be a New Zealand resident and have any income paid into your Kiwibank account.
Download Kiwibank's Disclosure Statement or pick up a copy at your local Kiwibank. Kiwibank's terms and conditions and lending criteria apply.
