What is your net worth? $2,400,000
Are you filling this out as an individual or a couple? Couple
At what age(s) did you become a net worth millionaire? 49
What region of New Zealand do you live in? Wellington
How did you accumulate your net worth, what are you invested in? Property (repaid mortgage), KiwiSavers, and investment funds
What was your highest average household WEEKLY income after tax? $3,442
What is your career? Management
Do you have children? YES
Do you have a tertiary qualification? YES
Did you inherit any of your money? YES
If YES, how much did you inherit? $125,000
What's the approximate value of your house? $1,500,000
Are you debt free now? NO
If NO, how much debt do you have and what is it for? Mortgage on investment property
Are you in KiwiSaver? YES
Were you taught about money? YES
If YES, how were you taught? I worked for a financial adviser for 13 years
What is the most enjoyable thing you do with money? Travel and have experiences
Do you use your money or your time to help others? YES
If YES, can you please elaborate. Support
What is your greatest financial win? Property investment
What advice do you have for others? Repay debt. Live within your means.
What is the point of having a net worth above $1,000,000. What does it mean to you? Retirement savings and inheritance for children.
Finish these sentences:
If you want to build wealth do this: Repay debt as fast as you can.
If you want to build wealth avoid doing this: Living beyond your means. Keeping up with the 'Joneses'.