Recession is looking likely, but keeping a calm head means you're more likely to make smart choices. Photo / file
Each week the NZ Herald and Newstalk ZB's Cooking the Books podcast tackles a different money problem. Today, it's a bonus episode on how to stay calm, and access independent financial advice. Hosted by Frances Cook.
Keep calm and carry on is all very well until you hit the sort
of crisis we're in right now.
It's a perfectly normal response to panic when you see your retirement savings losing thousands of dollars, or when you realise you could lose your job.
Full disclosure I've also watched my KiwiSaver plunge over the last few weeks. On paper I've lost thousands, and I didn't have all that much to begin with.