News


Paying price for sneaker fetish

JESSICA GARDNER | November 4 2009 | The Sydney Morning Herald & The Age (subscribe)

What was your first job? I worked in retail for General Pants. But "worked" is a loose term.

What did you get paid? I think I started with $9.73 an hour but at one point I was rolling in the cash when I got older and was getting something like $25 an hour on Sundays. In fact I'm surprised I didn't make the BRW Rich List.

Are you a saver or a spender? Spender. For sure. I may as well get my pay evenly distributed to accounts at JB Hi-Fi and Foot Locker.

What was your biggest splurge? I bought a new car this year. It can fit stolen speakers quite easily in the boot, which I've started selling on the black market to try to offset the cost of the car.

What was your best bargain? I collect Back to the Future merchandise and when I was in Japan, I found a 20th anniversary box set for $80. I've never been so elated.

What was the best thing you've got for nothing? Once I got dinner free.

What's the best piece of investment advice you have heard? Buy low, sell high. I've never done that but I always hear people say that.

What's the best piece of investment advice you've actually acted upon? I thought my new car was a good investment. Someone said to me, “Yeah, definitely buy a NEW car! They only go UP in value!” but only now am I starting to realise that I maybe missed the sarcasm.

Credit cards are: a) great b) helpful c) a poor investment d) work of the devil

a) great.

Why? Because for a few weeks — until you have to pay it off — it feels like free money!

I wish I had $1 for every (time) ... I bought a DVD at JB Hi-Fi. Firstly I buy a lot of them and secondly I'd be getting every DVD for a dollar off!

I'd be a millionaire if I gave up ... sneakers. It's a strange situation when I know I have both too many sneakers and not enough sneakers.

Printer friendly version  Printer friendly version      Email to a friend  Email to a friend


top



Advertise with us | Contact us | Site map | About us
Privacy Policy | Conditions of Use

Copyright © 2009. Any unauthorised use or copying prohibited.

Check my portfolio for
» Shares
» Managed funds
» Networth
Create a portfolio


Each week financial advisor Noel Whittaker answers your questions.

Topics include:
» Mortgages
» Managed funds
» Superannuation
Ask a question now

Help

eNewsletter
Let our enewsletter Money Sense help you with your finances. Subscribe now.
See sample newsletter