First Home Savings, Made Easy
We’re big fans of anything that helps first-home buyers on their journey, and Feijoa recently caught our eye as a clever option for an easy KiwiSaver boost. This smart, simple app makes growing your KiwiSaver almost effortless.
Setting up Feijoa is an excellent way to increase your KiwiSaver balance without changing your spending habits. The app is user-friendly and flexible, allowing you to track your progress along the way.
How It Works
Every time you use your debit or EFTPOS card, Feijoa rounds your purchase up to the nearest $1, $2, or $5 and deposits the spare change straight into your KiwiSaver account. Over time, those little amounts quietly add up, moving you closer to your goal of owning your first home.
What’s even cooler is you can split your Round-Ups across multiple KiwiSaver accounts, so you can help family or friends save too.
Making Saving Frictionless
And for those thinking beyond their first home, Feijoa is working on a range of new features to help automate wealth-building for long-term financial freedom by providing frictionless ways to save regularly.
They recently launched ‘Fans of Feijoa’ – rewarding users who refer their friends to use the app with $1 into both of their KiwiSaver accounts each month they use the app, for up to 12 months.
Set it, forget it, and over time watch those balances quietly grow – it could be a game-changer.