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
Part 1: NET WORTH [not-audio_url] [/not-audio_url]

Duration: 14:06
Welcome to the first episode in a short six-part series. On my blog, thehappysaver.com, I created a comprehensive Financial Independence Series of six blog posts where I mapped out a plan to help you on your way to becom…
93. Revisit with Nic: In the process of making a financial U-turn! [not-audio_url] [/not-audio_url]

Duration: 31:12
Today, I have an update on Nic from Episode 78, released in March 2023. A lot can happen in a year, which I wanted to share with you today. When Nic and I spoke in early 2023, Nic was still very new to the whole concept…
92. An adventurous 19-year-old [not-audio_url] [/not-audio_url]

Duration: 38:37
I met 19-year-old Josephine in mid-2023 when she emailed me with some questions about money. I actually already knew a little about her because her Mum and I have been in contact for a number of years, chatting about per…
91. With only $100 in the bank, something had to change. [not-audio_url] [/not-audio_url]

Duration: 45:00
In early January, I was lucky enough to have a long chat with Grace, who is now in her late 20s. Grace has been following my podcast since 2019, which is when her money journey did a sharp U-turn as she moved out of abou…
90. Revisit with Bradie and Paul: The First Year of Early Retirement [not-audio_url] [/not-audio_url]

Duration: 26:36
I’m particularly excited about today’s podcast because it is a revisit episode with Bradie and Paul. This is actually the fifth time we have caught up on their money journey. The elevator pitch for them is that they felt…
89. Creative Planners Working Towards a Retirement of Plenty [not-audio_url] [/not-audio_url]

Duration: 47:18
I chatted with Isobel and Sam for almost three hours on a sunny Sunday afternoon. As with all of these interviews, straight out of the gate, we were into the nuts and bolts of the financial lives of this 56 and 57-year-o…
88. Birds of a Feather Flock Together [not-audio_url] [/not-audio_url]

Duration: 46:57
In this episode, I’m going to be sharing the experiences of Scott and Jane. This couple are from completely different backgrounds and also from different countries. Scott’s from New Zealand, in his late 20s and Jane’s fr…
87. My Partner Died Without a Will [not-audio_url] [/not-audio_url]

Duration: 56:31
Today I am really looking forward to sharing the financial ins and outs of Rachael, a wonderful wahine who has been listening to this very podcast for years. She enjoys this podcast because the stories I share are relata…
86. You can’t live with a lifestyle that is above your income. [not-audio_url] [/not-audio_url]

Duration: 1:04:50
The standout for me today is how quickly you can change your financial lot in life simply because you decide to. Helen and Scott are 45 and 42 respectively, and have lived a life common to many of us, with good bits, not…
85. Revisit with Kiri: The Rollercoaster Continues [not-audio_url] [/not-audio_url]

Duration: 30:25
I’ve been corresponding with Kiri for about five years now. Those back-and-forth email conversations eventually led to me picking up the phone and chatting in person for the first time, and back in September of 2021, I r…