All tagged Investing
It’s what you DO with an inheritance that counts. Will chose to pay off debt and invest. His biggest financial triumph, he said, has been the fact that he took an interest in working out how to grow wealth, he took the time to educate himself, and then he actually took action. Now married and living in their own home in Auckland, this 31-year-old couple is still well on their way to financial freedom.
Chris and his wife Megan were tired of it taking so long to pay off their mortgage, so they focussed on the detail and developed a game plan that will see them own their own house on 31st December 2020. In their mid-thirties, they have the strong foundations in place to provide a wonderful future for their family of five. There are a few other investment decisions they are working through, plus there is the small matter of him convincing his wife ‘they’ need a boat...
There were many points during Ella’s 40 plus years that her gut instinct told her to make a few changes to the way her family handled money. 2020 has been a huge time of change and these changes all stemmed from her wanting to be able to financially help her kids and once she worked out that she needed to be in a strong financial position herself in order to do this, the rest is rapidly falling into place.
In this final podcast of this series, I’m doing a recap of two people that I’ve spoken with earlier. Firstly Bret from episode #20, a guy who had gone from being a super consumer to someone who is finally in control of money. And Lucas from episode #28 who last time we met was staring down the barrel of a $1.2 million dollar mortgage. Both have come an extremely long way in a very short space of time.
This week I tell you all about Catherine and her husband Luke. Both of them had been enjoying successful careers and had been working to a financial plan that had them thinking years into the future. But sometimes when we think we are heading in one direction a fork in the road throws up a few other suggestions and we have no choice but to adapt.
Linda’s journey with money had just been trundling along year in year out for, oh I don’t know, about 52 years! But in July 2019 there was to be a bit of a change in direction when she started to question the status quo and wondered if not paying her house off until she was in her mid 70’s was the best idea after all?
Becky described herself as a spender at heart who has to constantly battle against the desire to just spend, spend, spend. While still a work in progress, she has come a very long way in a short space of time and has paid off old debt and said no to any more. This is how a ‘natural spender’ gets her money under control.
Aaron and his wife Shannon decided to prepare for parenthood by working like crazy in order to knock down their mortgage and set a chunk of cash aside before the birth of their son. Learn how this truck driver and administrator went about it.
Often when I speak with people their one regret is that “they didn’t start saving and investing earlier”. Well today, you are going to hear about Nat and she DID manage to start investing early in life and the proof sure is in the pudding when at the age of just 36 she has an investment portfolio that she can be proud of.
When I think of Mandy, the word that keeps coming to my mind is ‘determined’. She was living the good life right up until she wasn’t. How could she find her feet again? With determination, that’s how.
Three kids and an almost paid for house? It sounds like an impossible dream but I’m pleased to tell you it is a reality for this Wellington couple.
Simon knows where he is at financially and more importantly he knows what kind of life he wants to live today and into the future.
Bret has spent the last year and a half going from super consumer to super saver. He used to use money to buy endless stuff, but now he is using it as a currency to buy back his time.
