money money money 944b wwgd: keep building wealth or sell it all now to upgrade our family home?
Nov 4, 2026
Rachel, an Australian registered nurse and associate nurse unit manager, is planning a bigger family home on acreage. She and Glen explore whether to keep building wealth or sell investments sooner, how schooling and a possible career change affect the timeline, and the realities of land, animals, construction and relocation. They also weigh mortgage reduction, ETFs, debt recycling and a strategic renovation.
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Build Wealth On Deep Financial Foundations
- Wealth building starts with strong foundations: no consumer debt, emergency cash, a spending plan, and personal protection.
- Rachel’s $55,000 cash reserve, detailed spreadsheet, insurance, private health cover, and estate documents demonstrate that sequence.
Growth Assets Still Create Future Constraints
- Rachel’s portfolio combines two investment properties with $60,000 in diversified ETFs, while one property remains highly leveraged and negatively geared.
- The assets create growth potential but also require careful attention to debt, cash flow, tax, and future sale costs.
Price The Career Change Before Moving
- Treat Rachel’s possible move away from nursing shift work as a major planning variable, not a distant footnote.
- Weekend penalties currently boost her income substantially, so a career change could reduce earnings even with more regular hours.
