110. No More Using the House as an ATM

110. No More Using the House as an ATM

Author: Ruth - Personal Finance Blogger August 27, 2025 Duration: 1:09:41
Today’s guest, Gail, has been on quite the financial trip and she’s still very much on it. Back in 2019, at age 41, she experienced a wake-up call. She found herself with plenty on her plate: a failing business, an income of just $25,000, no savings, no emergency fund, drawing down on her mortgage to pay the mortgage, mounting IRD debt, $4,000 on the credit card, and using buy now, pay later just to cover the basics in life. After listing down her not insignificant problems, she asked herself how on earth she could get out of this mess. But, at that stage, no ideas were forthcoming other than finding a new husband, getting back together with the old one, or winning the lottery. Ultimately, she realised that she was the solution to her own problems. As you’ve heard from many guests on this podcast, a bit of knowledge and time can make all the difference. Today, aged 47, Gail’s got a plan. And that is to put the past behind her, build her future and retire by the age of 53. Her financial situation is so common, and by sharing her story, she’s not only showing how far she’s come, but also helping others believe they can turn things around too. In fact, Gail credits this very podcast as one of the sparks that got her started on this journey. She told me, “I never would have thought it possible if I hadn’t heard of other people doing it, and just hearing the variety of ways that people have made their situation better was a huge help to me.”

Money conversations can feel awkward, but they don't have to be. On The Happy Saver Podcast-Personal Finance in New Zealand, host Ruth brings her perspective as a longtime personal finance blogger to break down that barrier. Each episode is built around real stories from everyday Kiwis, exploring the nuanced and often personal relationship people have with their finances. You'll hear frank discussions about how money influences life choices, for better or worse. The focus is on practical, grounded experiences within the New Zealand context-where people save, how they invest, and whether those strategies actually pan out over time. Ruth guides conversations that delve into both financial victories and those moments that feel like train wrecks, always with an eye toward learning. The underlying question is how to design a life rich in experience without spending a fortune to get there. This isn't about theoretical jargon; it's about the applied reality of making dollars and sense work together in Aotearoa. By listening to this podcast, you gain a collective wisdom from a community navigating the same economic landscape, from everyday budgeting to long-term investing goals. Ruth facilitates a space where money is simply a tool to be understood and mastered, one honest story at a time.
Author: Language: en-us Episodes: 100

The Happy Saver Podcast - Personal Finance in New Zealand
Podcast Episodes
119. Revisit with Rachel and David: Out of Property, Into Funds [not-audio_url] [/not-audio_url]

Duration: 43:55
Back in November 2017, in Episode 04, I sat down with Rachel and David. They had reached financial independence long before the term was widely used, doing it through property and achieving what many Kiwi investors dream…
118. Living Well, Spending Less [not-audio_url] [/not-audio_url]

Duration: 53:10
Emily and I first met over email and via one of my Phone A Friend chats back in late 2023. Like me, she loves regional Aotearoa and everything it has to offer. She’s happily ensconced in the Taumarunui community, and she…
117. Owning Rental Property Is a Business [not-audio_url] [/not-audio_url]

Duration: 1:07:36
I really enjoyed creating this episode because it explores a form of investing that doesn’t often feature heavily in the wealth-building stories I usually share. I spoke at length with Lilly about the successful property…
116. Separating Finances After Decades of Marriage [not-audio_url] [/not-audio_url]

Duration: 42:02
In today’s episode, I had the great pleasure of speaking with Carla. She lives in a small regional town in the South Island with her husband and their three children. Carla’s story is about money, but it’s also about hea…
115. I Feel Like I’m The Only One [not-audio_url] [/not-audio_url]

Duration: 57:49
Jennifer first emailed me in early 2023 after listening to all my podcasts. She knew I was a big advocate for parents teaching kids to invest and had a few questions, including one detail that really caught my attention.…
114. Engineering a Solid Financial Life Together [not-audio_url] [/not-audio_url]

Duration: 1:07:44
Today I’m sharing the story of Steve and Sarah, a UK couple who, many years ago, packed up their lives, moved to Aotearoa, and built a really solid financial life together. From the get-go, they’ve been a great team with…
113. Late Financial Bloomers: Proof It’s Never Too Late to Start [not-audio_url] [/not-audio_url]

Duration: 1:07:44
Maria and Michelle were late financial bloomers who only really got started in their 50s. Now 71 and 69, they’ve paid off their mortgage and student loan, invested in the sharemarket, built up $1,000,000 in savings and i…
112. Resilience, Balance, Community, and Happiness [not-audio_url] [/not-audio_url]

Duration: 58:08
This week, I’m sharing the story of Rachel, a 90s kid from Timaru. Rachel is the youngest of four, with three brothers, and a ten year gap between her and her oldest brother, and they all grew up with a stay at home mum…
111. Moving Closer to Financial Independence [not-audio_url] [/not-audio_url]

Duration: 54:14
In today’s episode, I spoke with Marian, who in turn spoke on behalf of herself and her husband, Jon. Originally from the Netherlands and now based in New Zealand, they’re in the middle of a big transition, preparing to…
109. Putting Up Some Financial Scaffolding After 50 [not-audio_url] [/not-audio_url]

Duration: 1:02:25
This week's podcast is all about 51-year-old Julian. We picked up the phone for a good old kōrero in late June 2025. Let’s just say, if talking were an Olympic sport, Julian and I would tie for first place. Late in 2023,…