What is your net worth? $2,800,000
Are you filling this out as an individual or a couple? Couple
At what age(s) did you become a net worth millionaire? 2015
What region of New Zealand do you live in? Auckland
How did you accumulate your net worth, what are you invested in? Rental property and frugal living
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? $125,000
What's the approximate value of your house? $2,300,000
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? Holiday with family and support our children.
Do you use your money or your time to help others? YES
If YES, can you please elaborate. Local Eco Neighbours volunteer
What is your greatest financial win? Modest income, frugal spending.
What is your worst financial mistake? Selling rental wrong time/market
What advice do you have for others? Be fussy with tenants; don't end tenancy agreements Nov/Dec!
What is the point of having a net worth above $1,000,000. What does it mean to you? Peace of mind gives us options/choices.
Finish these sentences:
If you want to build wealth do this… Learn about investing earlier than later.
If you want to build wealth avoid doing this… Putting things on the mortgage, buying a new car, not tracking finances.