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Tim Noakes opens up about his attitude to money

Every cent I’ve made in the last 30 years from writing books have gone into trusts to fund research.

Tim Noakes

The Money Show's Bruce Whitfield interviewed Professor of Exercise and Sports Science Tim Noakes for his weekly “Make Money Mondays” feature.

Noakes opened up about his attitude to money – his hopes and fears, his successes and failures.

Scroll down for quotes from the audio below.

I got my first pay at the age of six.

Tim Noakes

I went through my whole childhood not thinking about money.

Tim Noakes

My grandfather sent my father to Canada to work as a labourer on a tobacco farm.

Tim Noakes

I loved Zimbabwe!

Tim Noakes

My father controlled the purse strings. He was incredibly frugal.

Tim Noakes

My mom was very cautious with money.

Tim Noakes

My father taught me about compound interest.

Tim Noakes

My biggest extravagance was a motorcar and a house.

Tim Noakes

I drive an 8-year-old Audi. My wife drives a 20-year-old Audi!

Tim Noakes

Peak experiences are what make you happy.

Tim Noakes

When you experience ‘flow’ you can do anything.

Tim Noakes

I live off my inheritance. My father managed it right up to when he died.

Tim Noakes

My father taught me to delegate. He always said there’s a 50% chance they’ll do a better job!

Tim Noakes

I have six expensive watches.

Tim Noakes

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Article brought to us by Old Mutual.

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