At NZ Advice Group, we are passionate about helping Kiwis achieve their health, wellbeing, and financial goals. That's why the insights from the Southern Cross Healthy Futures Report 2024 resonate with us. This report, which surveys more than 7,000 New Zealanders over the past five years, offers a snapshot of the health challenges and priorities shaping our nation today.
The Cost of Living & Financial Pressures: The Top Concern
The rising cost of living remains the number one concern for most New Zealanders, impacting everything from household budgets to healthcare decisions. With 9 out of 10 New Zealanders feeling the squeeze, it's clear that financial pressures are taking a toll on overall wellbeing. This aligns with our experience, as many of our clients are seeking smarter ways to manage their finances, whether it’s through restructuring insurance premiums or investing in their future security.
Healthcare Accessibility: A Growing Concern
While economic anxieties dominate, access to affordable healthcare is increasingly becoming a pressing issue. The report highlights a significant rise in concern about obtaining quality healthcare, particularly around cancer treatment services. Older generations and women, in particular, feel the weight of these challenges.
At NZ Advice Group, we believe in helping our clients navigate these concerns by offering health insurance products that provide peace of mind and ensure access to the medical care they need.
Mental Health: A Priority for a Healthy Future
Mental and emotional wellbeing continues to be a central aspect of health in New Zealand. Although there has been some improvement, maintaining good mental health is seen as something that requires active management. With stress levels remaining high, particularly for those aged 18-49 and people with disabilities, the importance of having robust support systems—both social and financial—cannot be understated.
Physical Fitness & Diet: Striving for Balance
Kiwis continue to acknowledge the importance of physical fitness but often struggle to meet their own expectations. On average, most people exercise three times a week, but tiredness, lack of motivation, and the cost of gym memberships can get in the way. Additionally, many feel that eating healthily is becoming more expensive, especially younger people.
In a world where financial and time constraints often dictate lifestyle choices, we see an increasing need to help clients prioritise their health without breaking the bank.
Connectedness: The Key to Happiness
Interestingly, the report shows that social connectedness is crucial to overall wellbeing, with relationships serving as both a source of support and validation. People who feel connected to their families, friends, and communities tend to report better emotional health. This is a reminder that looking after our wellbeing isn’t just about physical health, but also about fostering the relationships that matter most.
At NZ Advice Group, we encourage our clients to consider not only their financial future but also how their current lifestyle choices—healthcare, insurance, and beyond—can help build a future of wellbeing for both themselves and their loved ones.
Conclusion: Building a Healthier Future Together
As the Southern Cross Healthy Futures Report 2024 shows, New Zealanders are striving for balance amid financial pressure, healthcare concerns, and the ever-present goal of maintaining physical and mental health. At NZ Advice Group, we’re here to help you make informed decisions about your health, wellbeing, and financial future. Together, let’s build a healthier, happier New Zealand.
If you have any questions about how we can assist you, feel free to reach out. We're always here to help guide you on your journey to a secure and balanced life.