An escape route for the professional poor

Monday 20 September 2004

Many successful career people say they can't save. With the right advice it's not difficult, writes Rob Stock.

By The Landlord

Miranda Likeman calls herself the "professional poor".

She's one of the thousands of Kiwis filling the cafes of our towns and cities, who look as if they are doing well, but they aren't.

They are asset poor and struggle with debt - despite drawing good wages - and they are crying out for financial plans to rein in their spending.

Despite being well educated, the professional poor lack the skills to turn around their financial positions.

Commenting is closed

Property News

Return to market form

There’s been a rallying of the market with the latest REINZ data showing both sales volumes and median house prices noticeably up with the onset of Spring.


NZ proptech start-up scores major investor

Auckland-based commercial property disrupter, Jasper, has raised $2.3 million in seed funding following investment from European asset manager M7 Real Estate.


LVR limits slow down investors

LVR speed limits continue to have a "strong effect" on investors, according to CoreLogic, after the latest Reserve Bank data showed a drop in investor borrowing.

Site by PHP Developer