Millionaire #160

What is your net worth? $1,400,000

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

At what age(s) did you become a net worth millionaire? 55

What region of New Zealand do you live in? Wellington

How did you accumulate your net worth, what are you invested in? Rental. TRSS (Teachers Retirement Saving Scheme)

What was your highest average household WEEKLY income after tax? $1,000

What is your career? Teacher

Do you have children? YES

Do you have a tertiary qualification? YES

Did you inherit any of your money? YES

What's the approximate value of your house? $200,000 (I suspect this is a typo! - Ruth)

Are you debt free now? NO

If NO, how much debt do you have and what is it for? $600,000 on the house we live in, $100,000 on a rental.

Are you in KiwiSaver? YES

Were you taught about money? NO

What is the most enjoyable thing you do with money? Travel

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

If YES, can you please elaborate. Carer for special needs children.

What is your greatest financial win? Buying a rental and it doubling its value in three years.

What is your worst financial mistake? Selling a house at a loss because of the partner I had at the time.

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

Finish these sentences:

If you want to build wealth do this: Pay off debt.

If you want to build wealth avoid doing this: Spending everything you get.

Millionaire #161

Millionaire #159