All tagged Net Worth

Begin at the Beginning: Step-by-step Path to Financial Independence

Whatever it is that you are embarking on that’s always the best place to start in my opinion. The beginning. Then just follow the path, in my case, the path to financial independence and eventually not being tied to a job to earn my income. It’s a long journey but it’s one worth starting. I’m often writing emails that cover the same points over and over again, so I thought that today I’d put that information into a blog post for all of the people wondering where to start and how to string all the bits of information you have learned about money into a cohesive order.

Finally, I'm a net worth millionaire!

I’ve waited a long time to fill out my own Net Worth Millionaire Questionnaire! YES, our net worth has finally ticked over from 6 numbers to 7 and it’s fair to say I’m delighted. But what is the purpose of me and other people sharing this information? It’s so that you can apply it to your own situation and see the variety of ways that other Kiwi’s have created wealth for themselves and know that it is possible for you as well.

Hairy Audacious Goal

Steadily and consistently increasing our net worth often has me concerned that I’m missing something, doing something wrong or doing it too slowly so it is time I set myself (and my family) a new short term goal.

Becoming an Investor*

All your working life you are trying to increase your net worth so that when you finally stop working you start to slowly spend it to live on. If upon retirement each year you take 4% out of your pot of savings it will take about 30 years to boil the pot dry. So what can you live on a year? Do you need to invest $100K, $200 or $500K?