Hello! In today's episode we are answering the question of...

HOW QUICKLY CAN I GET TO BEING A MILLIONAIRE AND IS  THERE A DIFFERENCE BETWEEN BEING RICH AND BEING WEALTHY?

With the reality that many city dwellers (even first home buyers) having to pay upwards of a million dollars for a property, does that make us all millionaires? And why would we want to be a millionaire or even care? Is there a difference between being rich and being wealthy and how honest are we really with ourselves when it comes to admitting how 'rich' we want to be?

Sometimes a million dollars doesn't even sound like that much any more - but it absolutely is. Particularly when you put it in context of a few things....

Let's discuss.

In this episode we cover: 

• What is a net worth millionaire and how do we become one?!
• Is being seen as rich a negative and why do we feel we have to hide our wealth
• How do we pair this with also seeker greater things in life
• What to do when you are motivated by money and how to get your net worth tracking upwards! 
• Whether becoming a millionaire starts with budgeting 
• Lessons learnt from other net worth millionaires, including the true cost of a 'free cat'
• Is property or owning a business is the only way to grow your wealth, or are there other options out there....

If you're keen to check out more  head to https://itsnosecret.co.nz/12

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Disclaimer:
Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.

Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz