"I got it cheap ($375), as the previous owner didn't want to pay for servicing.
"By my estimates, it was $3000 less than trade-in value.
"It's a great car - it just needed someone to follow the instructions."
Nik Brown, radio host, The Morning Sound.
Money. It's the driving factor behind many life choices, but is it the be-all and end-all?
'Me and My Money' is a regular feature that investigates Kiwi attitudes towards money and what drives the choices they make.
Newshub spoke to co-host of The Morning Sound Nik Brown about the perils of being a spender, why his $375 Skoda was a great deal, and the importance of knowing the difference between a 'want' and a 'need'.
1. Are you a saver or a spender?
A spender - money burns holes in my pockets!
Over the years, I've learned to service my debts first.
I have too many cars (scale models and real ones), not enough vinyl or turntables, an eclectic collection of scotch, and some red wines.
2. What's been your biggest financial lesson, success or failure?
Charity auctions.
It's all for a good cause and I bid on everything, hoping someone will outbid me (unless I really want it).
It doesn't always work out. I now have some boots that don't fit and triathlon gear I can't wear.
I suggest people don't exceed their limit!
3. An example of a recent purchase you consider was value for money:
A second-hand Skoda Superb.
I got it cheap ($375), as the previous owner didn't want to pay for servicing.
By my estimates, it was $3000 less than trade-in value.
It's a great car - it just needed someone to follow the instructions.
4. What was your last impulse or 'fritter' purchase and how did you feel about it afterwards?
It was an air-fryer.
Since I bought it a few weeks ago, it's been used every day.
5. What do you know about money now that you wish you'd known sooner?
To invest to make money grow.
Find a professional to help. It doesn't have to be a lot, or provide a massively high return.
6. If you have spare cash to invest, what's your preferred form of investment and why?
I don't take an active interest in money, but managed funds seem to make sense.
The trick is finding one you're comfortable with.
7. Does having more money increase happiness?
Happiness means different things to different people.
What I can say is being able to pay off my debt made me happier.
8. The best money advice someone's ever given you?
To know the difference between a want and a need.
Keep it simple.
I want a mansion, I need a house.
