PHOTO: JANE USSHER/STUFF Connors started Propellor Property Investments in 2009, and since then has written books, become a commentator, media personality and self-proclaimed “Queen of NZ Property”.
Advertising executive turned property investment adviser Nikki Connors has learned a big lesson from “having it all and then losing it”.
Connors was a top advertising creative in the 1980s, working for Saatchi & Saatchi.
On paper, she was a millionaire at 29.
“I was earning hundreds of thousands of dollars a year and had a big house in Kohimarama and expensive foreign cars.
“But interest rates were 21 per cent for mortgages and even more for cars. All my income went into trying to maintain that level of debt.”
In her 2016 book Connors said that by the age of 27 she was earning more than the prime minister of New Zealand.
“We earned huge amounts, we drank too much, we took white substances to keep us awake through presentations, we leased German and Italian cars, we borrowed to the hilt for bigger and better houses and we supplemented it all by juggling our finances and relying on the half-dozen or more gold credit cards dished out to us like sweets.”
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