What is your net worth? $4,000,000
Are you filling this out as an individual or a couple? Couple
At what age(s) did you become a net worth millionaire? 50
What region of New Zealand do you live in? Auckland
How did you accumulate your net worth, what are you invested in? Property, KiwiSaver, Mutual Funds and some shares.
What was your highest average household WEEKLY income after tax? $5,000
What is your career? Medical
Do you have children? YES
Do you have a tertiary qualification? YES
Did you inherit any of your money? NO
What's the approximate value of your house? $2,700,000
Are you debt free now? NO
If NO, how much debt do you have and what is it for? $700,000
Are you in KiwiSaver? YES
Were you taught about money? NO. I wish I was, but I learnt the hard way instead.
What is the most enjoyable thing you do with money? Travel and helping others.
Do you use your money or your time to help others? YES
What is your greatest financial win? Investment property purchase.
What advice do you have for others? Learn early. Invest early. Attend good courses and read good books.
What is the point of having a net worth above $1,000,000. What does it mean to you? Some security but it is not everything. To help myself when I need it and others who need it and support my family.
If you want to build wealth avoid doing this: Make costly mistakes.