What is your net worth? $10,000,000+
Are you filling this out as an individual or a couple? Individual
At what age(s) did you become a net worth millionaire? 28
What region of New Zealand do you live in? Auckland
How did you accumulate your net worth, what are you invested in? Passion and hard work. Started a business and investing in income-producing assets.
What was your highest average household WEEKLY income after tax? $15,800
What is your career? Construction
Do you have children? YES
Do you have a tertiary qualification? NO
Did you inherit any of your money? NO
What's the approximate value of your house? $2,750,000
Are you debt free now? YES
Are you in KiwiSaver?:YES
Were you taught about money? YES
If YES, how were you taught? Self-taught through books.
What is the most enjoyable thing you do with money? Help my family, travel, and have unique life experiences.
Do you use your money or your time to help others? YES
If YES, can you please elaborate. Volunteer in my community, donate to organizations that I feel aligned to.
What is your greatest financial win? No big wins - just steady progress over many years.
What is your worst financial mistake? Selling investment property when younger - I should always have kept and never sold.
What advice do you have for others? Do work that you love and are passionate about because there is more chance you'll do it well and be successful and well rewarded. If the rewards DON’T arrive, you'll still have had an enjoyable life. Live in the moment, pretend you've got one year to live, and you'll always make the best choices for a full and rewarding life.
Finish these sentences:
If you want to build wealth do this… Dream big, follow your passion, start a business and don't lose sight of your end goals. Buy quality even if it cost a bit more and keep it long term. Invest in income-producing appreciating assets. Keep investing in your mind, and don't stop learning.
If you want to build wealth avoid doing this… Keep up with the Joneses consumerism. Don’t live an extravagant lifestyle beyond your means.