Most New Zealanders consider themselves only “average” with money.

In fact, a new study from Partners Life finds less than a quarter of New Zealanders rate their financial knowledge as "excellent".

Nearly 60 percent find it tough to pay monthly expenses, and just over half reported stress or losing sleep due to money concerns.

At the same time, many are reportedly using credit and afterpay services to make ends meet.

How do we improve financial literacy? What can we put into practice now?

Banqer CEO Simon Brown joins Tim Beveridge for Smart Money...

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The number of mortgage holders refinancing their loans is the highest ever recorded.

More than 3,500 borrowers refinanced in June, and experts are expecting to see the trend continue through to the end of the year.

Finance specialist Amanda Morrall joins Tim Beveridge for Smart Money.

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The Consumer Price Index over the June quarter was lower than expected at 2.7%, and it could mean a rate cut by the Reserve Bank next month.

So is the New Zealand investment winter over?

Shane Solly is a director at Harbour Asset Management and he joins Tim Beveridge for Smart Money.

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