Millionaire #34

What is your net worth? $2,095,537

At what age did you become a net worth millionaire? 30

How did you accumulate your net worth, what are you invested in? Instead of an OE (overseas experience), I put a deposit on a house with my now-husband. Worked hard, bought in a horrible part of Auckland, and lucked in when someone needed my property for a development.

What was your highest average household WEEKLY income after tax? $1,553

What is your career? Accounting in a Manufacturing Company

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? $1,185,000

Are you debt free now? NO

If NO, how much debt do you have and what is it for? Mortgage of $649,000

Are you in KiwiSaver? YES

Were you taught about money? NO

What is the most enjoyable thing you do with money? Love tracking my savings on the Mishell Budget calendar and BNZ Total Money. Spoiling my family with fun stuff to experience is my fave spending thing.

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

What is your greatest financial win? Selling our house for $300,000 over GV (government valuation). Finding The Barefoot Investor (Scott Pape).

What is your worst financial mistake? Stupid credit card debt in my 20s, despite having a mortgage.

What advice do you have for others? Watch what you fritter away. The cents really do make the dollars.

What is the point of having a net worth above $1,000,000. What does it mean to you? Financial security if something were to happen to one of us that our kids would be looked after for their future.

Finish these sentences:

If you want to build wealth do this… Save something every week and don't touch it.

If you want to build wealth avoid doing this… Don’t get a credit card. Learn to have a buffer/emergency fund and pay cash for everything.

Millionaire #35

Millionaire #33