Tees Life Tees Life Issue 9 | Page 47

FINANCE Money Matters Former Middlesbrough footballer Jim Platt celebrates being elected a councillor in Middlesbrough. Money! Money! Money! In each issue of Tees Life, we ask a prominent Teessider about their thoughts on finance This time, we talk to former Middlesbrough FC goalkeeper Jim Platt, who is starting a new era in his life at the age of 67 after being elected independent councillor for the Kader ward in Acklam, Middlesbrough. Does money make you happy? I wouldn’t say it makes you happy – but it helps! I do believe you can have nothing and still be happy but when you’re broke it’s hard. Unlike modern footballers, I didn’t earn big wages when I was a player. If they’re careful with their money, nowadays top professional footballers will never have to work again, but my biggest wage while playing for Middlesbrough was £350 a week in 1982. We didn’t have a second car because we couldn’t afford one. What was your first paid job? I was an amateur footballer with Ballymena in Ireland, so my first paid job was when I signed for Middlesbrough when I was 18. I was on £30 a week, with an extra £15 if I played in the first team and I think it was £10 a point. It was a good wage for my age – but I wasn’t rich like top teenage footballers now. I lived in a hostel on the corner of Kensington Road, opposite Ayresome Park, with all the apprentices, before getting digs with a family at the back of the old maternity hospital near Albert Park. What’s your best financial tip? Spend it and enjoy yourself - but always put some by for a rainy day. With football legend George Best at Jim’s Middlesbrough testimonial match in 1982. Are you a saver or a spender? A spender! That’s an easy one. What’s the biggest drain on your resources? Holidays. One of our sons, Aaron, lives in Australia, so we’ve been there eight or nine times in the last 10 years. He lives in Perth now but originally lived in Sydney. We normally visit another part of Australia while we’re there, and went over to New Zealand one time too. The way of life over there is just so much more laid back than it is here. There’s less traffic and so much space. We love it! What’s been your biggest financial mistake? Buying an apartment in Thornaby in 2008 – just before the financial crash. It was meant to be an investment for our retirement but it hasn’t worked out that way. We’ve been lucky enough to have been able to rent it but we still have a mortgage on it that we didn’t expect to have. It has been a poor investment. “I do believe you can have nothing and still be happy but when you’re broke it’s hard.” What’s been your best investment? Definitely a Prontaprint franchise. We were the first to set one up in Belfast when I moved back to Ireland for a few years after leaving Middlesbrough towards the end of my playing career. With the money we made from selling the franchise we were able to put down a hefty deposit on a house over there. Apart from that, I have to say my wife, Sharon. We are a partnership. We’ve bought and sold plenty of houses and always made money on them. Before we met I lived in Acklam but we’ve lived in Acklam, Nunthorpe, Ingleby Barwick and Wynyard, along with our time back in Ballymena in Ireland. Now we’re back in Acklam, where I’ve been elected as a councillor. tees-life.co.uk 47