If you've been frugal during your life and tried to save, you're penalised by the tax system. You pay tax on your wages, your savings and even your private pension.

One thing which frustrates me about state pensions is the disparity between EU countries.

I hate my Visa card but have to use it for diesel, insurance and big items. I prefer paying by cash whenever possible because that way I feel as if I've got a better grasp on what I'm spending.

It seems that nearly every week there is a problem where information is leaked or computers hacked. I'm conscious of keeping my details as safe as possible. I might be old but I'm still bright and prefer to go into my local branch and see a face.

I don't spend and save whenever I have spare cash. I dislike people who boast about money.

I bought my first house when I was 24 for £19,500 and it was sold two years ago for £256,000. I've always made profit on my houses.

In my view, the money is poorly spent and given willy-nilly to people unlikely to get on the winning rostrum.