CAROLYNN WALSH*, 38
WHAT DO YOU DO?
in finance. I work
HOW LONG HAVE YOU BEEN ON $400K?
HOW MUCH DO YOU PAY PER WEEK IN RENT?
I pay $2,500 onto my mortgage; I live in Paddington, Sydney, with my husband and child.
DO YOU MAKE VOLUNTARY SUPER CONTRIBUTIONS?
No. Given I work in finance, I’m going to self-fund my retirement.
WHAT ARE YOUR CURRENT FINANCIAL GOALS?
To pay off my house and make investments so I can become self-supporting.
ARE YOU FINANCIALLY INDEPENDENT?
Yes. I’m the primary breadwinner in my family.
HOW MUCH DEBT DO YOU HAVE?
$1.5 million in mortgages. I don’t believe in credit card debt.
WHAT WAS YOUR LAST SPLURGE?
A two-week US holiday; it cost $30K.
WHAT ARE YOU SAVING FOR NOW?
More investments with a focus on capital growth.
HOW OFTEN DO YOU WORRY ABOUT MONEY?
HOW MUCH MONEY DO YOU THINK YOU NEED TO LIVE THE LIFE YOU WANT?
$200K a year, with no mortgage to pay off.
WHERE DO YOU SEE YOUR FINANCES IN FIVE YEARS?
Owning my house outright.