'We Need To Take Steps To Control Money Instead Of Money Controlling Us'

Claudia Hammond is an award-winning British broadcaster, writer and psychology lecturer. She is the author of Mind Over Money (Canongate, $29.99), which delves into big and small questions around the psychology of money.

- Claudia Hammond

‘What was your first job?

I worked in a bakery as a teenager, which meant getting up very early on Saturday mornings and standing on the main road in the dark, waiting for my lift. My very first pay was £6.60 in cash but it fell out of my pocket and into the loo. The upside of working in a bakery was that we got to take the leftover cakes and doughnuts home, so the rest of my family loved me working there.

What’s the best money advice you’ve ever received?

I always look to the evidence and it says that spending money on experiences brings you more happiness than spending money on things, so that’s what I try to do.

What’s the best investment decision you’ve made?