Paul McCartney Shares About How He Handles Money

He Says He’s A “Keeper”

As of this writing, Paul McCartney’s net worth is at $1.2billion or £888million which isn’t the least bit surprising since The Beatles sold more than 600 million records. Even after their split, McCartney launched a successful solo career and continues to make music today. Aside from royalties and licensing fees, he also makes millions from touring and properties scattered all over the globe.

And in a recent interview with The New York Times Magazine, he discussed about money and reflected on his attitude towards it and his spending habits too.

He said, “It has obviously changed. What has stayed the same is the central core. When I was in Liverpool as a kid, I used to listen to people’s conversations. I remember a couple of women going on about money: “Ah, me and my husband, we’re always arguing about money.” And I remember thinking very consciously, “OK, I’ll solve that; I will try to get money.” That set me off on the “Let’s not have too many problems with money” trail.”

He then added, “What happened also was, not having much money, when anything came into the house, it was important. It was important when my weekly comic was delivered. Or my penpal — I had a penpal in Spain, Rodrigo — when his letter came through, that was a big event. When they had giveaways in comics with little trinkets, I kept them all. Some people would say that’s a hoarding instinct, but not having anything when I was a kid has stuck with me as far as money. You know, I’m kind of crazy. My wife is not. She knows you can get rid of things you don’t need.”

When asked if he’s a hoarder, he clarified: “I’m a keeper. If I go somewhere and I get whatever I bought in a nice bag, I will want to keep the bag. My rationale is that I might want to put my sandwiches in it tomorrow. Whereas Nancy says, “We’ll get another bag.” In that way, my attitude toward money hasn’t changed that much. It’s the same instinct to preserve. One of the great things now about money is what you can do with it. Family and friends, if they have any medical problem, I can just say, “I’ll help.” The nicest thing about having money is you can help people with it.”