Could Buying A House Make You Poorer in New Zealand?
Tue Feb 03 2026
Renting vs buying NZ, net worth tracking, and the mindset shift from scarcity to abundance — chartered accountant-turned-entrepreneur Luke Kemeys goes deep on how Kiwis can build real financial well-being without being chained to a mortgage. We cover when renting beats buying, monthly net-worth tracking (assets minus liabilities), using debt (carefully), and the exact habits that unlock growth for founders.What Luke reveals◽️ When renting beats buying in NZ (and for whom)◽️ The 1 habit that builds financial progress: monthly net-worth tracking◽️ How to treat your household like a business (cash in, cash out, decisions)◽️ The $500 plan that actually changes your life (not “buy this coin”)◽️ Using debt in business: when it accelerates vs. when it’s dangerousTimestamps0:00 Can Renting Make You Richer Than Buying?0:05 Why Kiwis Are Obsessed With Property1:27 Is Buying a House Really the Dream?5:00 Who Should Rent Instead of Buy6:50 Financial Mistakes Almost Everyone Makes7:25 The Most Expensive Mistake: Not Investing In Yourself9:32 The $80,000 Bitcoin Lesson10:50 Stop Chasing Financial Shortcuts11:50 What To Do With Your First $50014:29 Counseling, Mentors, And Self-Investment16:23 Scarcity Vs Abundance Mindset17:25 How Childhood Shapes Your Money Beliefs20:08 Rewiring Your Brain For Wealth22:53 Affirmations That Build Confidence24:14 Why You Must Be Your Own Cheerleader26:33 Positive Thinking Vs Real Business Foundations27:13 Think Like A CEO30:00 Track Your Net Worth Every Month31:27 What Net Worth Actually Means33:00 How Tracking Money Changes Behaviour34:53 Run Your Household Like A Business36:11 Using Debt To Build Wealth (Dangerous Or Smart?)39:57 Starting And Scaling A Business42:00 Why Marketing Wins Businesses43:30 The Brutal Reality Of Early Startup Days45:00 The Grind That Sets You Apart46:30 Why Pain Is Required For Growth47:30 Helping 100,000 Kiwis With Business And Money48:40 Final ThoughtsEpisode Partners👉🏻 NZBusiness Magazinewww.nzbusiness.co.nz👉🏻 Podcast Guestwww.podcastguest.co.nzFOLLOW LUKESearch: “Luke Kemeys”, “Next Advisory NZ”, “Keep the Change podcast”FOLLOW MEhttps://www.instagram.com/minaamso/WATCH EPISODE ON YOUTUBE (for Spotify/Apple listeners)https://www.youtube.com/@NotesFromTheExecutivePodcastLISTEN ONApple Podcasts: https://shorturl.at/UkJ8vSpotify: https://shorturl.at/YW7bX
Luke Kemeys is a chartered accountant, business adviser, and co-founder of Next Advisory. He also hosts Keep the Change, a money podcast/newsletter followed by thousands of Kiwis each week. Luke works with founders on pricing, cashflow, and growth strategy, and is known for practical frameworks that get owners out of scarcity and into action.
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Renting vs buying NZ, net worth tracking, and the mindset shift from scarcity to abundance — chartered accountant-turned-entrepreneur Luke Kemeys goes deep on how Kiwis can build real financial well-being without being chained to a mortgage. We cover when renting beats buying, monthly net-worth tracking (assets minus liabilities), using debt (carefully), and the exact habits that unlock growth for founders.What Luke reveals◽️ When renting beats buying in NZ (and for whom)◽️ The 1 habit that builds financial progress: monthly net-worth tracking◽️ How to treat your household like a business (cash in, cash out, decisions)◽️ The $500 plan that actually changes your life (not “buy this coin”)◽️ Using debt in business: when it accelerates vs. when it’s dangerousTimestamps0:00 Can Renting Make You Richer Than Buying?0:05 Why Kiwis Are Obsessed With Property1:27 Is Buying a House Really the Dream?5:00 Who Should Rent Instead of Buy6:50 Financial Mistakes Almost Everyone Makes7:25 The Most Expensive Mistake: Not Investing In Yourself9:32 The $80,000 Bitcoin Lesson10:50 Stop Chasing Financial Shortcuts11:50 What To Do With Your First $50014:29 Counseling, Mentors, And Self-Investment16:23 Scarcity Vs Abundance Mindset17:25 How Childhood Shapes Your Money Beliefs20:08 Rewiring Your Brain For Wealth22:53 Affirmations That Build Confidence24:14 Why You Must Be Your Own Cheerleader26:33 Positive Thinking Vs Real Business Foundations27:13 Think Like A CEO30:00 Track Your Net Worth Every Month31:27 What Net Worth Actually Means33:00 How Tracking Money Changes Behaviour34:53 Run Your Household Like A Business36:11 Using Debt To Build Wealth (Dangerous Or Smart?)39:57 Starting And Scaling A Business42:00 Why Marketing Wins Businesses43:30 The Brutal Reality Of Early Startup Days45:00 The Grind That Sets You Apart46:30 Why Pain Is Required For Growth47:30 Helping 100,000 Kiwis With Business And Money48:40 Final ThoughtsEpisode Partners👉🏻 NZBusiness Magazinewww.nzbusiness.co.nz👉🏻 Podcast Guestwww.podcastguest.co.nzFOLLOW LUKESearch: “Luke Kemeys”, “Next Advisory NZ”, “Keep the Change podcast”FOLLOW MEhttps://www.instagram.com/minaamso/WATCH EPISODE ON YOUTUBE (for Spotify/Apple listeners)https://www.youtube.com/@NotesFromTheExecutivePodcastLISTEN ONApple Podcasts: https://shorturl.at/UkJ8vSpotify: https://shorturl.at/YW7bX Luke Kemeys is a chartered accountant, business adviser, and co-founder of Next Advisory. He also hosts Keep the Change, a money podcast/newsletter followed by thousands of Kiwis each week. Luke works with founders on pricing, cashflow, and growth strategy, and is known for practical frameworks that get owners out of scarcity and into action.