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.

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