Feature Spotlight

Reach your savings goals faster

Ditch the debt and embrace your goals with Debut's Savings Sheds – the smart way to save for a brighter financial future.
Abstract illustration of Savings Sheds filling up.
May 22, 2024

Achieving financial well-being starts with setting clear savings goals. Did you know that setting specific goals can also significantly increase your chances of saving successfully? It's called goal-setting theory, and it's a key principle behind Debut's Savings Sheds.

What are Savings Sheds?

Savings Sheds are personal spaces within Debut where you can save for the things that matter most to you. Each Shed is dedicated to a specific goal, making it easy to visualise your progress and stay motivated. Whether it's a special family vacation πŸ–οΈ, a new hobby πŸ„β€β™€οΈ, or simply peace of mind β˜”οΈ, Savings Sheds help you organise and track your progress.

Break free from debt

Say goodbye to the stress of credit card debt. Nearly half a million Kiwis are burdened by it. Choose a different path – save for your goals instead of paying interest. Savings Sheds make it easy to prioritise your financial wellbeing.

How to reach your savings goals faster 🎯

  1. Set a clear goal: Define what you're saving for and how much you need.
  2. Turn on Rounding: Save effortlessly with every purchase by rounding up your transactions.
  3. Set up a recurring payment: Automate your savings with regular contributions.
  4. Get inspired: Choose a motivating photo for your Savings Shed and track your progress.

Tip: Not sure where to start? Try a suggested Savings Shed and customise it to fit your dreams.

Try one of our pre-made Savings Sheds to get you started.

Debut is here to help Kiwi achieve financial peace of mind. Create your own Savings Shed today and start turning your aspirations into reality. Stay tuned for more updates to Savings Sheds coming soon.

Derrick Olivier is Head of Community and Growth at Debut
Debut is the best way to save, track, budget and understand your money.
We’re doing something that’s never been done in New Zealand. We’re building a bank carefully, thoughtfully and with feedback from our customers. This is only the beginning.
Please note, Debut is not a registered bank under the Banking (Prudential Supervision) Act. This is about our future intentions. Investments with us are not supervised currently by the Reserve Bank of New Zealand.