What is your net worth? $1,500,000
At what age did you become a net worth millionaire? 37
How did you accumulate your net worth, what are you invested in? Property, managed funds, pension scheme, KiwiSaver, bank deposits.
What was your highest average household WEEKLY income after tax? $4,875
What is your career? Multilateral development banking
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? $30,000
What's the approximate value of your house? $1,750,000 (CV)
Are you debt free now? NO
If NO, how much debt do you have and what is it for? $500,000 on a mortgage
Are you in KiwiSaver? YES
Were you taught about money? YES
If YES, how were you taught? University, career, self learning, professional study.
What is the most enjoyable thing you do with money? Provide experiences for my family.
Do you use your money or your time to help others? YES
What is your greatest financial win? Property in Auckland
What is your worst financial mistake? Individual shares
What advice do you have for others? Invest in yourself first, your education, your health and wellbeing, experience in life as much as you can and find someone to love (not in any particular order).
What is the point of having a net worth above $1,000,000. What does it mean to you? Nothing, I didn’t even think about it until I saw your blog.
Finish these sentences:
If you want to build wealth do this… Spend less than you earn, find your passion and create a business out of it.
If you want to build wealth avoid doing this… Taking unnecessary risks.