Millionaire #64

What is your net worth? $1,600,000

At what age did you become a net worth millionaire? 51

How did you accumulate your net worth, what are you invested in? Property in Auckland (sold end of 2016), since then property in the Regions. Managed funds and KiwiSaver. Two year Term Deposit ladder for peace of mind.

What was your highest average household WEEKLY income after tax? $3,000

What is your career? Accountant

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? $270,000

Are you debt free now? YES

Are you in KiwiSaver? YES

Were you taught about money? YES

If YES, how were you taught? University

What is the most enjoyable thing you do with money? Slow Travel and doing 'nothing' with the money (seeing it grow!). The freedom it bought me - free to choose.

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

If YES, can you please elaborate. Volunteering from time to time, random acts of kindness.

What is your greatest financial win? Sold Auckland property end of 2016, moved to the regions and downsized.

What advice do you have for others? Enjoy the journey. Know your “number” and avoid one more year. Have an emergency fund. Understand the power (and risk) of leverage. Live simply - you need very little material in life.

What is the point of having a net worth above $1,000,000. What does it mean to you? Provides me with Choice and Freedom

Finish these sentences:

If you want to build wealth do this… Learn for yourself, don't follow the masses. Be content.  Study Mr Money Mustache website including blog posts... not so much the facebook pages.

If you want to build wealth avoid doing this… Trying to keep up with the Joneses

Millionaire #65

Millionaire #63