Millionaire #177

What is your net worth? $2,400,000

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

At what age(s) did you become a net worth millionaire? 2018

What region of New Zealand do you live in? Wellington

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

What was your highest average household WEEKLY income after tax? $120,000 (annually)

What is your career? Accountant

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? $200,000

What's the approximate value of your house? $850,000

Are you debt free now? NO

If NO, how much debt do you have and what is it for? $550,000 for two rental properties

Are you in KiwiSaver? YES

Were you taught about money? NO

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

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

If YES, can you please elaborate. I work in a hospice shop 10 hours a week.

What is your greatest financial win? When I renovated houses to sell again.

What is your worst financial mistake? Investing in a business I knew nothing about.

What advice do you have for others? Investigate everything thoroughly that you invest your money into.

What is the point of having a net worth above $1,000,000. What does it mean to you? I don't have to worry if I need to or want to spend money on something.

Finish these sentences:

If you want to build wealth, do this… Start by saving 10% of your income.

If you want to build wealth, avoid doing this… Investing in anything you haven't researched thoroughly.

Millionaire #178

Millionaire #176