If you feel you have less than you did a few years ago, you’re not wrong.  
 
The latest data shows that Kiwis are indeed worse off overall than they were before the pandemic ripped through the economy.  

Dropping house prices and the rising cost of living mean that we own less and we’re spending more on the necessities to get by. And yet, many of us are still splashing out on luxuries and not changing our behaviour. 

So could this lead to a big financial shock down the road? And what changes should we be making right now?

NZ Herald business editor at large Liam Dann crunches the latest numbers and finds that some of us are not taking the risks seriously enough. 

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