Me & My Money: ‘I have become a reformed spender’

Simon Henry, CFO of Three


Are you a saver or a spender?

If you ask my wife Fiona, she would definitely say I’m more of a spender than a saver. I would like to think that, over the last couple of years, I have become a reformed spender and more of a saver (with a rating of “could do better”!)

Do you shop around for better value?

I would tend to shop around, especially as it is so easy to check prices online quickly.

What has been your most extravagant purchase and how much did it cost?

One of my most extravagant purchases over the last few years has been a home cinema, although it has definitely taken a back seat, given our son Matthew’s attraction to remote controls. In my very first job as an accountant, I treated myself to a laserdisc player that played LP-sized DVDs which cost me a significant chunk of my salary. The Virgin Megastore in Belfast was kept in business through my film purchases from their laserdisc stock!

What purchase have you made that you consider the best value for money?

How do you prefer to shop – online or local?

Do you haggle over prices?

Has the recession changed your spending habits?

Do you invest in shares?

Cash or card?

What was the last thing you bought and was it good value for money?

My Microsoft Surface Pro. It has replaced all our laptops and desktop PCs in the house.

Have you ever successfully saved up for a relatively big purchase?

Have you ever lost money?

Are you a gambler and if so have you ever had a big win?

Is money important to you?

It is important in the sense of the security it brings if circumstances change. With my wife and our young son, I want to ensure I can both provide for them today, what with the ever increasing cost of education, and – should anything ever happen to me – that they are financially secure.

How much money do you have on you now?

In conversation with Tony Clayton-Lea