All in Money Journey
In today's episode, I will be sharing Jack's financial journey. Jack found The Happy Saver when he was searching for podcasts on money. As an investor in rental property, he was looking to learn about shares. As you’ll find out shortly, he leads an interesting life. When we chatted for this podcast, he was sitting in San Fransisco, having just had many months overseas and was getting ready to board a three-week cruise to bring him back home to Aotearoa.
Today’s episode is an update on North Island couple Chris and Rosemary. Their first episode came out in March 2021 — it was episode number 49. Since then, we’ve kept in touch, and today’s episode is an update on where this couple are now, in terms of both money and life. It’s safe to say they have absolutely transformed their situation. They’ve both utterly transformed their financial lives, embarking on a new journey toward financial independence. Today’s update won’t disappoint — these two are not mucking around.
Today's episode began with an email from a Kiwi couple in their mid-40s. Tokyo reached out just before Christmas 2023, sharing how a sinking fund she started nearly a year ago was making her happy amidst a tough financial year. They were considering a $15,000 mortgage top-up to cover a tough financial year. But Tokyo wanted to know if there was a better way. Of course, there is another option. I hit reply to her email and proceeded to throw the cat amongst the pigeons.
Today, I want to share the story of a 38 and 39-year-old married couple with two primary school-aged kids who are on the crest of a knowledge wave when it comes to money. Month by month, they are reassessing everything they thought to be true about money and now are tackling their biggest remaining debt head-on, their $480,000 mortgage.
Ruby first emailed me with a couple of questions in October 2022. She’d recently signed up with Sharesies and wondered where to start, and she had a question about her KiwiSaver. While at home with two young tamariki, she realised she could voluntarily contribute to her account even when not in paid work. Taking a moment to think about investing made her start digging around for more information about her money, leading her to seek more information. Now 34, with her husband Tim, 38, they live in rural Canterbury with their two preschool children. I think their journey is typical of a lot of Kiwis, and what I particularly like is that they continue to adjust their financial course as new information comes to light.
Today, I have an update on Nic from Episode 78, released in March 2023. A year after we spoke, an update email arrived in my inbox. She said it's been an interesting 12-plus months, and they are slowly but surely getting ahead. It seems like a case of one step forward and then half a step back, as on occasions in the last year or so, it seemed her luck had deserted her. But even with some upheaval thrown into her life, plus some pretty ill-controlled budgets, she said they are still managing to pay down debt, lower their mortgage, and increase her KiwiSaver balance. I wanted to share her update because many of you listening will relate to her progress.
I met 19-year-old Josephine in mid-2023 when she emailed me with some questions about money. She mentioned that her Mum had sparked an interest in personal finances in her, which had led her to do a lot of reflecting on her money skills. She had been out of school and working for a couple of years, managed to save up a solid chunk of money and was planning on heading into study in 2024. Her intention was to get through her study with no student loan. However, there was one small problem. She had caught the travel bug and she knew it had the potential to be pricey. Her question to me was how could she balance living in the now while planning for the future and how could she set herself and her pūtea up to do both.
I was lucky enough to have a long chat with Grace, who is now in her late 20s. Her money journey did a sharp U-turn as she moved out of about $40,000 of consumer and education debt and onto a new path of saving up to buy a home by the age of 30. Listening to money stories on this very podcast gave her ideas of where to start because, for her, this whole ‘money thing’ was pretty overwhelming, so hearing from others has been imperative in helping her plot her path.
I’m particularly excited about today’s podcast because it is a revisit episode with Bradie and Paul. The elevator pitch for them is that they felt they were drowning in debt just seven short years ago, and now they have just completed their first year of early retirement! Today, I’m really happy to give you an update on a story that keeps getting better over time.
I chatted with Isobel and Sam for almost three hours on a sunny Sunday afternoon. Straight out of the gate, we were into the nuts and bolts of the financial lives of this 56 and 57-year-old deeply-in-love couple who are parents to three adult tamariki. Very handily, Sam had sent me a four page Vision Board, of their financial and life journey. To sum it up I’d say they are creative planners who work as a tight team towards their goal of creating a really strong financial footing by the age of 60.
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.
Today I am really looking forward to sharing the financial ins and outs of Rachael, a wonderful wahine who has been listening to this very podcast for years. In mid-2020, her partner of eight years, Tony, died suddenly and without a will. Coping with her grief was hard enough; sorting out the settlement of his estate made it doubly hard, and she wants you to avoid this same situation at all costs.
Helen and Scott have lived a life common to many of us, with good bits, not-so-good bits and, to a large extent, following the crowd for whom managing money is a struggle. With five tamariki between them, they have known each other a long time, yet only became a couple a few years ago. Both carry the scars and financial lessons from previous marriages, including reliance on consumer debt. Working harder was always their way out of a financial jam, but finally, they are learning to work smarter.
