All tagged Money Education
MONEY JOURNEYS
Today, I have the pleasure of sharing the story behind how Tony and his wife Karen came to create a net worth of $2.8 million and retire aged 49 and 54, respectively. They own one home and have a large retirement fund which they built from always investing a portion of their take-home pay from their 20+ year careers in the New Zealand Police. There are still many unknowns as they try to work out how to structure their money to support them during their long and adventurous retirement.
MONEY JOURNEYS
Lucy, Steve and their two teenage children openly talk about money in their family. While I understand that failure is a good teacher, I just don’t see why you would willingly set your kids up to fail with money when it is far easier to do as this couple is doing and instead just teach your kids some basics from the get-go.
MONEY JOURNEYS
In this week's episode, I wanted to revisit an earlier episode with an update on Nathan from episode 71, and introduce a new guest, Sam, a 16-year-old Year 12 student who is starting a financial journey similar to Nathan's and already demonstrates a forward-thinking mindset towards his financial well-being. He recognises that financial stability is vital to achieving his goals.
Money Journey, Personal Finance, Financial Independence, Podcast, Investing, Saving, Money Education, Index Funds, KiwiSaver, PocketSmith, Debt Free
MONEY JOURNEYS
For the last episode in this series, I have once again reconnected with a few people that I’ve interviewed before. I like to check in on people and get a feel for the progress and changes they have made and I know you do too.
MONEY JOURNEYS
When Julian and Sophie met in 1999 they each had a car, a very small amount in savings and no debt. Just 21 ‘short’ years later they have an approximate net worth of $1,500,000. So, how did they do it?
MONEY JOURNEYS
Bella shares the realities of student loan debt in New Zealand and how you can meander your way into $85,000 of debt, but it’s far harder to meander your way out again.
MONEY JOURNEYS
Aria and her husband Dave didn’t grow up with much so once they got together they knew they didn’t want to live paycheque to paycheque. When asked what financial independence means to them they said it means “we don’t have to worry about money” and that is a sentiment that they want for everyone.
MONEY JOURNEYS
I first heard from Hamish when he sent me an email in late 2020 telling me that back in 2018, at the age of just 24 he had saved up and bought a $379,00 house in Palmerston North with a big deposit of $125,000. No surprises I was pretty keen to hear more from Hamish about the how and the why of this.
MONEY JOURNEYS
“Well this is awkward” I thought when some guy called Chris started secretly emailing me without his partner’s knowledge! Big long emails with tonnes of questions about personal finance, my favourite topic for sure! That is how I came to sit on the sidelines of the transformation of not just Chris but of his partner Rosemary’s financial life.
Money Journey, Personal Finance, Financial Independence, Podcast, Investing, Saving, Shares, Money Education, Debt Free, Index Funds, KiwiSaver, Retirement
MONEY JOURNEYS
Jen freaked out at 49! She considered herself to be halfway through her life and had big concerns about what the other half might look like. A divorce halved her net worth and becoming a single mother introduced a whole heap of new challenges. She is now fast tracking to an early retirement at the age of 55 and is a wonderful example of showing just what a woman on a mission is capable of!
MONEY JOURNEYS
Nina was homeschooled and part of her education involved investing in the share market and preparing from the age of just 13 to cover the cost of her future university degree. Now in her late 20’s and with a husband and three small children, she is feeling content with the journey ahead and that includes paying off their home and then starting to invest for the long term financial wellbeing of her and her family.
