Bindi Norwell

PHOTO: Bindi Norwell – REINZ

“It’s a lot of money for a mirror.

“But as it will last a lifetime and hold its value, it’s more of an investment.”

Bindi Norwell, chief executive, Real Estate Institute of New Zealand (REINZ).

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. We also explore if COVID-19 has changed peoples’ money habits and how.

Newshub spoke to REINZ chief executive Bindi Norwell about gratitude following COVID-19, spending on memorable experiences and why splurging on a 17th-century mirror was money well spent.

1. Are you a saver or a spender?

A saver – but I enjoy spending.

2. Has COVID-19 influenced your attitude towards money?

Seeing many people lose jobs and businesses, I have a more grateful attitude towards money.

I’m definitely more mindful about not taking things for granted. Given how quickly things can change, I appreciate the importance of a rainy day plan.

3. Post lockdown, have your spending habits changed and if so, how?

Overall no. As we’re spending less on travel, we’re more appreciative of going out for a family dinner and traveling within New Zealand.

I’m in the middle of a significant house renovation so a lot of our spending is going towards that.

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