All tagged Mortgage
In this episode, I’m going to be sharing the experiences of Scott and Jane. This couple are from completely different backgrounds and also from different countries. I want to share how they have melded their lives together and where they are headed from here. Birds of a feather do flock together, and although these two hail from completely different parts of the globe, they managed to connect with each other and build a life together.
This week I caught up with a couple in their mid 20’s, Richard and Jane. In 2019, they purchased a home when they were just 22 years of age and are now setting about paying it off. Buying a home so young is unusual, but having the goal from the beginning to pay it off as fast as possible is even more unusual. My first question to them was, “how did you get so smart?”
Senia and her small whānau moved to Ashburton, New Zealand, from Samoa back in 2010 and quietly began to take on consumer debt. Until one day, enough was enough, and some well-timed conversations about becoming debt-free coincided with her realising they were living paycheque to paycheque. This kicked off the process of paying off $70,000 in consumer debt and completely changing the future of her family.
Australian based Kiwi Dad of two Jon went through a relationship separation and a financial crisis some years ago but is now on track to be mortgage-free within the next four years. The key for him has been self-taught education about how to handle his personal finances.
Kiri, her husband John and their four-year-old daughter had big plans for 2020, but we all know how 2020 unfolded and it was interesting to hear how they created a new strategy and maneuvered themselves into their first home and a more secure position right here in Aotearoa.
This week I’m sharing the story of a central Hawke’s Bay couple Rach and Becs. They made the bold move to leave both of their families behind and move out of Auckland, headed for Hawke’s Bay so they could get ahead both financially and for a better work-life balance.
Over the years Janet, who is 59, has worked out that other people can be unreliable, so she is better to plan for her own success, instead of relying on others. She is a huge forward thinker and she spends time gently tweaking all aspects of her financial life to gently steer her waka where she wants it to go.
By working hard and being at the right place at the right time, Fatima had managed to buy several properties but there was a tipping point one day when she found herself seriously short on cash and having to borrow money from whanau. Fatima is not one to muck around, so she decided to implement some change and reintroduce some balance into her life.
I’m starting out this series of six new episodes with a woman that I know pretty well, the reason being that she is one of my sisters! I was particularly keen to catch her at an important milestone and we spoke on the eve of her last ever mortgage payment.
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.
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?
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.
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.
