What is your net worth? $1,350,000
At what age did you become a net worth millionaire? 50
What region of New Zealand do you live in? Hawke’s Bay
How did you accumulate your net worth, what are you invested in? Capital gain on house. Selling a shit CHCH rental. Investing into managed funds and ETFs thru Sharesies.
What was your highest average household WEEKLY income after tax? $1,000
What is your career? Full-time artist
Do you have children? NO
Do you have a tertiary qualification? YES
Did you inherit any of your money? NO
What's the approximate value of your house? $1,000,000
Are you debt free now? NO
If NO, how much debt do you have and what is it for? $50,000 on my mortgage
Are you in KiwiSaver? YES
Were you taught about money? NO
What is the most enjoyable thing you do with money? Sharesies. Supporting and encouraging other creatives. Giving back to organisations l have worked for in third world countries i.e. Global Mamas and helping organisations in countries l love to travel to, like Bali.
Do you use your money or your time to help others? YES
What is your greatest financial win? The house I bought after my divorce... it has doubled in value.
What is your worst financial mistake? A rental that was bought without a real understanding of what and why... very damaged in the CHCH earthquakes and then totally underinsured.
What advice do you have for others? Don't think the share market is only for traders or sharks.
What is the point of having a net worth above $1,000,000. What does it mean to you? Freedom to be joyful. Freedom to be generous.
Finish these sentences:
If you want to build wealth do this… Pick your own values. ..
If you want to build wealth avoid doing this… Keeping up with what other people say you should have.