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SG Reader Profile – Tony Bowater

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This is a Savings Guide reader profile. We love to hear from our readers and gain insights into how others save money. Submit your own story using our reader profile tool.

Tell us a little about yourself

From NZ since a kid, I like no stress or anxiety, a quiet lifestyle away from hectic ant mounds that are the big cities and being relatively debt free. Not wanting for too much stuff in life, I guess to sum it up, I like things and life to be uncomplicated.

First full time job

My first real/full time job was at BBC Hardware. Financially I learnt that not getting a trade or going to university to get a profession is not a good idea. Or if you want to make a good income then you have to be willing to work hard at it! Or just be content live a simple life.

Current job

Council employee. It’s flexible, family friendly, pays reasonably, and reasonably secure.

Best saving money tip

Don’t spend it. No seriously, every time you get a $2 coin put it in an empty washed out coke can until it’s full. When it is, there should be around $600 in it! Also, don’t buy things impulsively or waste $ on frivolous things that you don’t need or can do without and have done all these years.

Don’t be talked into buying a new mobile phone on contract. My old man has a mobile that is over ten years old with no problems and all he has to pay is for each call made. No monthly fee etc.

Also, don’t be in a rush or hurry all the time, that can cost you a lot of money on its own.

Do you prefer to spend money or save money?

I prefer to not spend and save with a healthy balance. Of course I’d like to spend up all the time but I have grown used to the way things are for me and have resigned myself to it.

So spend a little, save a little.

No point saving big if you’re miserable and don’t enjoy this thing called life in the process and the same goes the other way. No point (for example) working in a job you don’t like, to make $ to buy things you don’t need if it’s only going to make you regret it later or just isn’t essential or required for a happy lifestyle and only serves to fill your house and life with worthless items. I think that’s it..

What would you do with $50K of cash if it were given to you?

I’d go to a casino or horse races and… no way, just kidding!


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