Millionaire #126

What is your net worth? $2,300,000

At what age did you become a net worth millionaire? 45

What region of New Zealand do you live in? Otago

How did you accumulate your net worth, what are you invested in? Property

What was your highest average household WEEKLY income after tax? $4,000

What is your career? Middle manager

Do you have children? YES

Do you have a tertiary qualification? NO

Did you inherit any of your money? NO

What's the approximate value of your house? $1,020,000

Are you debt free now? YES

Are you in KiwiSaver? YES

Were you taught about money? YES

If YES, how were you taught? Work hard. No debt. i.e. don’t buy if you can't afford it.

What is the most enjoyable thing you do with money? Ability to help family and also to travel.

Do you use your money or your time to help others? YES

If YES, can you please elaborate. I help my family, sister and sister in law.

What is your greatest financial win? Property

What is your worst financial mistake? Bridgecorp

What advice do you have for others? When young buy property. You think it is a stretch but your income will grow.

What is the point of having a net worth above $1,000,000. What does it mean to you? Security

Finish these sentences:

If you want to build wealth do this… Do not get into debt. Or pay it off way quicker than banks want you to.

If you want to build wealth avoid doing this… Credit card debt

If these questions don’t adequately tell your story, feel free to briefly elaborate here: I am all for spending and enjoying life but only if you can afford it. I gamble but don't spend more than I can lose.

Millionaire #127

Millionaire #125