Millionaire #159

What is your net worth? $12,000,000

Are you filling this out as an individual or a couple? Couple

At what age(s) did you become a net worth millionaire? 45 & 40

What region of New Zealand do you live in? Auckland

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

What was your highest average household WEEKLY income after tax? Difficult to calculate as we needed to support some of our investments both profits and losses. But I’d say about $2,800.

What is your career? Accountant & Nurse

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? $2.000,000

Are you debt free now? YES

Are you in KiwiSaver? YES

Were you taught about money? NO

What is the most enjoyable thing you do with money? Not going to work for “The man”

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

If YES, can you please elaborate. Coaching Sport. School Committees. My wife does a low paid research role for a health community she is a part off. She could earn three times as much if working for money.

What is your greatest financial win? Selling our business to an American Corporate.

What is your worst financial mistake? Day Trading lost me the shirt off my back. Putting all my salary into a company share scheme. Company was Tyco whom had a big scandal and we lost much money.

What advice do you have for others? Dream, Plan, Action. Work together with your partner as a team. Work out what makes you happy! Work out what is your ‘number’ to do what you want to do.

What is the point of having a net worth above $1,000,000. What does it mean to you? Part way to reaching my goal of not working a day job and instead work on my bucket list and travel.

Finish these sentences:

If you want to build wealth do this: Dream, plan and take action.

If you want to build wealth avoid doing this: Do Nothing to actively reach your goals.

If these questions don’t adequately tell your story, feel free to briefly elaborate here: My wife and I worked really hard. We aren't the most intelligent people, but we took a risk and take a great deal of satisfaction where we are today.

Millionaire #160

Millionaire #158