About Save Our Home
About the show
How to hold onto your home as the noose tightens (And how we can all learn a lesson or two about owning a property).
The Kiwi ideal to own our own home and hold on to our house is fast slipping from the grasp of hard working New Zealanders.
But the good news is that home ownership is still very affordable for the average Kiwi. Even a family on the minimum wage can pay off a mortgage. The real problem is not how much money we earn but how we spend it.
Hard economic times get the blame but personal spending is what
is really behind most of the sad stories of people losing their
New Zealanders are at a crisis financially. On average we all spend more than we earn, 22 cents more than every dollar we make.
Two charismatic personal trainers in financial fitness and house
owning savvy are coming to the rescue of different struggling Kiwis
who are in a home owning predicament.
Top property expert Sarah, is joined by financial whiz Hannah, on a mission to Save Our Homes in a new series for TV ONE.
Between them, Hannah and Sarah know the hard truths of home owning and the secrets to get ahead. They're tackling our spending behaviour head on and our "buy now pay later" attitudes as they help families have or hold onto their home.
These two experts provide tough love and some inspiring action plans to people in all kinds of situations. At one end they've got overcommitted couples facing bank foreclosure and x and y generation spenders blowing the budget or cash strapped newlyweds nervous about affording a family. At the other end are those doing well but needing expert help to do better and some just looking for a smarter way to pay the mortgage and enjoy a great lifestyle. The Save Our Home Duo have sound strategies to help everyone afford a home and hang on to it.
Most of us spend more than we earn and most of us don't know
that we do.
Sarah and Hannah say saving homes is as much about understanding people as it is about the property they live in and they believe they can save anyone a home, who is willing to face up to why they spend the way they do.
They get behind the "psychology" of each person and discover the trigger that might motivate them to change the spending behaviour.
Not everyone who seeks their help is prepared to listen. The duo sometimes find themselves on the receiving end of people reacting badly to the tough tactics that will save them a home and financial future.
"You can't sugarcoat the numbers or the consequences if they continue doing what they've always done,"says Hannah an accountant and financial advisor who is used to telling people what they'd rather not hear. " Saving a home usually requires people to change the spending habits of a lifetime so sometimes its hard to save peoples' feelings as well as their homes."
An owner's emotional attachment to their house, can often be the
biggest obstacle to saving their home.
'Every home is an emotional extension of the owner ', says real estate specialist, Sarah. " And it's difficult for any of us to admit that our own financial decisions could be costing us the home we hold so dear.It's impossible to look at your house objectively when you've got an emotional connection, that's why people so often over-value their home ."
The Save Our Home team have mostly happy endings for families they help and with one in four households predicted to struggle to pay their mortgage or buy a house over the next few years Sarah and Hannah's mission to ..Save Our Home ..is well timed.