Tuesday, April 1, 2025

“What a stupid mistake that was”: Dilys d’Cruz about money hours and “painless saving”

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Who are your money/finance/investment heroes?

Probably a mixture of many. Warren Buffett is the apparent guru of investing, but I love individuals who come out of nowhere. People with enormous difficulties who work hard to realize their prosperity, and above all people. They deal with humanity. I like Oprah Winfrey and Tina Turner.

How do you wish to spend your free time?

Pilates and hot yoga courses. I just recorded the road dancing, so I actually have fun with it. And I am going to my personal trainer twice every week, although I am unable to say that I do this.

If money was not an object, what would you do now?

I might have a spot on the beach in Bali or Thailand and I might voluntarily work with elephants in Thailand or Africa. I might also eat through Italy, Portugal and Spain.

What was your earliest memory of cash?

We were a primary generation of immigrants in Canada. My mother was a mother who stayed at home and my father worked two jobs to support the family. Although the cash was scarce, he all the time found ways to present us children the chance to participate in activities wherein they were interested. For example, I recorded figure skating, painting lessons and team activities. We never had open discussions about money. Although the cash was scarce, I never really understood what my father needed to do to make sure that food was all the time on the table – and to supply us different childhood experiences that we’ve made (from food, camping holidays, etc.).

I feel the great thing is, although we had no discussions of the cash, there was never a sense of fear or scarcity. Maybe there must have been. It would have taught me to avoid wasting and budget in another way and at a young age.

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What is the very first thing you remember, what you purchased together with your own money?

A reputation shoes with name brands. If I might let you know the brand, I might give away my age. Ok, they’re northern stars. It was very large within the late Seventies.

What was your first job?

The delivery of newspapers on the age of 13. It was the tradition of my parents that we had children of the family with our first salary ship. So I went to the ice business and acquired Sundaes. When I went home with them, they were melted. At least the thought was there.

What was the most important hour of cash you learned as an adult?

When I began working on a big financial institution, I got poor advice not to take a position in the corporate that was not defined in the corporate. “You can do it better by investing in yourself,” I used to be told by my colleagues. And eight years later I finally joined and realized what a silly mistake it was.

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