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.
Commercial
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.
Mortgages
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.
