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
74. Interesting things happen to interesting people. [not-audio_url] [/not-audio_url]

Duration: 48:19
This week I’m sharing the story of Ayana, a woman who sure does have a zest for life. However, life keeps throwing her curve balls, and she has to keep adjusting course. Ayana has worked since she was a teenager and left…
73. No student loan for me! [not-audio_url] [/not-audio_url]

Duration: 46:52
Today I’m excited to share the story of Pipi, a 20-year-old wahine from Auckland. Pipi got her first part-time job at the age of just 13, and now that she is a second-year nursing student, she continues to work part-time…
72. An inheritance goes a long way! [not-audio_url] [/not-audio_url]

Duration: 45:37
I’ve met countless people who have received an inheritance, yet today they are in a really poor financial situation. It’s what you DO with an inheritance that counts. Will chose to pay off debt and invest. And while his…
71. 19 Year Old Goes to Polytech Debt Free [not-audio_url] [/not-audio_url]

Duration: 43:18
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70. Our Money, Our Future [not-audio_url] [/not-audio_url]

Duration: 47:24
Today’s guest, 33-year-old Freya from Auckland, emailed me because she wanted me to interview more younger women who had their money sorted and also handled their families' finances. From the little she divulged in her e…
69. A Financially Complicated Breakup [not-audio_url] [/not-audio_url]

Duration: 38:07
Neil has come a long way in life since his move from London to New Zealand in 2005. His one-year adventure has turned into 17 and counting, and year on year, he has continued to learn a little more about how money works.…
68. On the trail to FIRE! [not-audio_url] [/not-audio_url]

Duration: 45:51
I managed to cross paths with 35-year-old Dani because both of us are runners and seeing the trails she was enjoying always inspired me to lace up my own shoes and head out the door for a run. It’s probably no surprise t…
67. How to Use Your Nest Egg in Retirement [not-audio_url] [/not-audio_url]

Duration: 43:53
Sometimes, a minor conversation lights a spark and makes me want to know more about a person. This was the case with today’s guest Zoe. She emailed me a question, which I answered, but what got me interested was how fina…
66. You've gotta know your numbers! [not-audio_url] [/not-audio_url]

Duration: 51:58
Senia and her small whānau moved to Ashburton, New Zealand, from Samoa back in 2010 and quietly began to take on consumer debt. Until one day, enough was enough, and some well-timed conversations about becoming debt-free…
65. I am no longer at the mercy of fate. [not-audio_url] [/not-audio_url]

Duration: 45:15
Australian based Kiwi Dad of two Jon went through a relationship separation and a financial crisis some years ago but is now on track to be mortgage-free within the next four years. The key for him has been self-taught e…