All in Money Journey
In today’s podcast, I’m doing a revisit with Bella from Episode 52. She shared the realities of student loan debt in New Zealand and how you can meander your way into student loan debt, but you need to fight your way out again. Bella has not been idle, smashing out $66,000 of her $85,000 debt in just 14 months. Yep, you read that right. If she can do it, so can you!
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.
I first heard from Andy when he was 29. He emailed with several questions and observations, and the bit that stuck with me most was that he was pretty keen to buy himself a car parking space as an investment. He writes for a living, so he writes a good email and through those, I got to see his thoughts evolve and the evolution of a workable financial plan.
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?
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.
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.
“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.
