'I have about €50 in my purse and a lotto ticket'

ME AND MY MONEY: Mary Coughlan - singer

ME AND MY MONEY:Mary Coughlan - singer

Are you a saver or spender?

I have never been in a position where I have been able to save money. I spend all the money I earn.

Do you shop around for better value?

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I do these days. I notice that food is a lot cheaper than it was three years ago. I hate the way petrol prices keep creeping up. I always look for the cheapest.

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

I bought a dress once (for Denis Desmond’s wedding). It cost £1,700. It’s the most beautiful dress . . . I wore it twice, but I still have it. I look at it from time to time.

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

I guess any car I have owned. I use a car every time I work. I use it getting my children from A to B. I have to have plenty of room for the grandchildren these days as well. Two baby seats! Great! I listen to music in my car. I learn songs in the car. I love my car.

Have you ever crossed the Border to shop?

I only went over the border to shop at Ikea in Belfast before it came to Dublin. On the way to or from a gig I love to stop at Sainsbury’s, but that’s happened only about three times in about 15 years.

Do you haggle over prices?

I have enjoyed haggling over the price of a rug in Tunisia. It’s on my living room floor now. Also, a broken chandelier in Rome that I carried home in various plastic bags.

Has the recession changed your spending habits?

Yes it has, I spend less and I think before I spend money. Gone are the afternoons spent wandering around Grafton Street – I have bought clothes in the past that I never even wore!

Do you invest in shares?

No. You must be joking!

Cash or card?

I hate credit cards and was in trouble once with the bank. I have a strict limit on cards now. I mainly use it for booking flights and car hire, etc. I was very proud of myself last Christmas – I didn’t touch it.

How much money do you have on you right now?

In my purse I have about €50 and a lotto ticket!

In conversation with Tony Clayton-Lea