16 Sep 2025

Community group breaking free of debt cycles by pooling savings

From Checkpoint, 4:43 pm on 16 September 2025

A Porirua community group says members are saving money for the first time and breaking free from devastating cycles of debt by creating their own pool of savings and interest-free loans. It's a model that's been operating for decades, but may be getting more common as daily life gets more expensive. Ellen O'Dwyer reports as part of Pinch Point - an ongoing RNZ series about living with the cost of living.