Tuesday 25 April 2017

'There are a lot of rainy days in my profession'

Robbie Power (Photo: PA)
Robbie Power (Photo: PA)
Independent.ie Business Desk

Meath jockey Robbie Power won the Cheltenham Gold Cup on the Jessica Harrington-trained Sizing John last month.

The 35-year-old, who has been a jockey for 16 years, lives in Derrypatrick with his wife, Hannah. He is the son of the Irish show-jumper, Con Power. He will compete in the BoyleSports Irish Grand National at Fairyhouse tomorrow.

What's the most important lesson about money which your career as a jockey has taught you?

Don't be too greedy and always put money aside for a rainy day - as you never know what's around the corner. I'm in an unpredictable profession and there are a lot of rainy days.

What's the most expensive place you have ever visited?

Dubai. I was there for four days on a winter break with my wife Hannah recently. Going out is expensive in Dubai - we found it pricey to eat out and to have a few drinks.

What's your favourite Irish coin?

The old pound coin with the stag on it. I like the look of it - and the fact that it was worth more than the other punt coins!

Are you better off than your parents?

I'm better off because I'm 26 years younger than them.

Apart from property, what's the most expensive thing you have ever bought?

The most expensive - and the most important - thing I've ever bought is my wife's engagement ring.

What was your worst job?

Picking raspberries at a local farm when I was between 12 and 14 years old. It was very boring.

What was your biggest financial mistake?

This is more bad luck than anything else. I started saving when I was a young boy and by the time I was 16, I had saved enough to buy a horse. The horse I bought died a few months later - and all my savings were gone.

What was your best financial killing?

Winning the Cheltenham Gold Cup last month. That's definitely been my most lucrative win as a jockey.

Do you use any money-saving apps?

No. My internet skills are not the best. Also, when it comes to banking, I prefer to deal with my bank face-to-face.

Android or iPhone?

The iPhone. I like the iPhone because it's straightforward and I can get entries for racing - which is very helpful.

Do you know how much is in your current account?

I do. I check it about once a month.

Have you ever made an insurance claim?

No.

Have you ever switched utility provider?

No. I like to stick with the one company if it's financially viable - and if they treat me well.

iTunes or Spotify?

Neither. I wouldn't buy CDs or records either. I just listen to the radio in the car.

What was the last thing you bought online?

I don't buy online - though my wife does.

Do you have a mortgage? Is it fixed, variable or tracker

I have a mortgage and it's variable.

Would you buy Irish property now?

I built my own home. So I'd buy land rather than property. If I could buy land adjacent to the bit of land I have, it would be great.

Cash or card?

Card. It's very convenient - and it's safer too.

Do you ever haggle?

I try, but I wouldn't be the best haggler in the world.

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