What is your net worth? $2,300,000
At what age did you become a net worth millionaire? 50
How did you accumulate your net worth, what are you invested in? Properties and cash savings.
What was your highest average household WEEKLY income after tax? $1,800
What is your career? Self employed and public servant.
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? $1,400,000
Are you debt free now? YES
Are you in KiwiSaver? YES
Were you taught about money? NO
What is the most enjoyable thing you do with money? Have a lifestyle block as a hobby and enjoy travel and sharing with children.
Do you use your money or your time to help others? YES
If YES, can you please elaborate. Our children.
What is your greatest financial win? Buying the house in Wellington.
What is your worst financial mistake? Buying some shares.
What advice do you have for others? Spend less than you earn, never buy if you can't afford it.
What is the point of having a net worth above $1,000,000. What does it mean to you? Financial security in retirement years.
Finish these sentences:
If you want to build wealth do this… Slowly and surely.
If you want to build wealth avoid doing this… Taking high risk investments - spending the lot gambling and living the good life.