{"id":282168,"date":"2026-02-13T12:13:13","date_gmt":"2026-02-13T12:13:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/282168\/"},"modified":"2026-02-13T12:13:13","modified_gmt":"2026-02-13T12:13:13","slug":"i-wont-save-into-a-pension-after-my-dad-lost-his","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/282168\/","title":{"rendered":"I won\u2019t save into a pension after my dad lost his"},"content":{"rendered":"<p>YolanDa Brown, 43, is a musician, broadcaster and philanthropist. As a saxophonist she toured with Billy Ocean, the Temptations and Jools Holland and collaborated with Rick Astley and Kelly Jones of the Stereophonics. She studied operations management at the University of Kent and did two master\u2019s degrees before turning to music. During the pandemic, she worked with Sony Music and Twinkl, an educational publisher, to create music lesson plans for primary schools. Her CBeebies show, YolanDa\u2019s Band Jam, won a National Television Society award. In 2023 she was awarded an OBE for services to music, education and broadcasting.<\/p>\n<p>Brown hosts a Saturday programme on Jazz FM and founded the music venue and restaurant, Soul Mama, in Stratford, east London, with her husband, Adetokunbo \u201cT\u201d Oyelola. They live in Chigwell, Essex, with their daughters, Jemima, 12, and Adelphi, 5.<\/p>\n<p>How much is in your wallet?<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">I have 50 Singapore dollars and 10,000 Japanese yen because we\u2019ve just come off tour and that\u2019s the only time I carry cash. I\u2019ll put them into my foreign money jar for next time, or sometimes I\u2019ll keep some as a reminder. The tour was amazing. As well as playing, we did some masterclasses in schools, which I love doing. I\u2019m all about passing music to the next generation. But spending? I\u2019m mostly a phone tapper.<\/p>\n<p>What credit cards do you use?<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">I have a Coutts Silk card and Amex, but I mostly use debit cards. When I do use credit, I pay it off in full every month. I still remember going to the university freshers\u2019 fair and getting every credit card you could \u2014 they were giving away a blow-up chair, a blow-up hat and a popcorn machine. But I remember the experience of not being able to pay off the cards and realising you were paying more in interest than you\u2019d even borrowed. That experience taught me and now we just use credit cards when we\u2019re abroad and on tour.<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">\u2022 <a href=\"https:\/\/www.thetimes.com\/money\/family-finances\/article\/liv-cooke-interview-fame-and-fortune-zdnp8b538\" class=\"link__RespLink-sc-1ocvixa-0 csWvlP\" rel=\"nofollow noopener\" target=\"_blank\">Liv Cooke: \u2018I\u2019m millions of pounds in debt \u2014 but it\u2019s good debt\u2019<\/a><\/p>\n<p>Are you a spender or a saver?<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">I think I\u2019m in between. I like to save for a rainy day; I save for the kids\u2019 birthday parties in a separate pot throughout the year and I save for Christmas so I know that\u2019s there, which is important because I host Christmas and there are almost 30 of us clinking through to the new year.<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">My daughters\u2019 birthdays are January and February, so that\u2019s next. It\u2019s almost like hosting a wedding \u2014 everything is priced per head. For Jemima\u2019s 11th birthday, we closed the restaurant for the day and she had a bubble tea-making party with 15 children on a big table. It cost about \u00a325 a head, and that\u2019s only because my restaurant was supplying the food. This year I have to do a K-Pop Demon Hunters slime party.<\/p>\n<p>What was your first job?<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">I\u2019ve only ever had two jobs. I worked in All Sports in Ilford and then, the summer before I started my PhD, I worked in the Harrods furniture department. I was the top seller that summer. People would come in and want four beds and two sofas. I don\u2019t think we got commission, sadly. I\u2019m not sure what I was paid \u2014 maybe a bit more than minimum wage?<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">I never finished my PhD, I put it on the backburner and that was 20 years ago. That summer I met a band who needed a saxophone player and I happened to play. I only had lessons for a year when I was 13 but my parents bought me a sax and I just used to play. It was therapeutic to me, but I never thought it could be a career. When the band fell apart, the manager asked if I\u2019d ever thought about a career in music. I said no, but I\u2019ll do some gigs if it helps me raise some money as a humble student still paying off my credit cards. Soon I was touring, playing in Russia for the prime minister, in Jamaica, touring the States. It all happened very organically. In 2007 I booked the Mermaid Theatre in Blackfriars and just hoped 600 people would turn up so we could pay the venue and the band.<\/p>\n<p><img decoding=\"async\" alt=\"British musician Brian May and YolanDa Brown smiling with their medals after an investiture ceremony at Buckingham Palace.\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/02\/\/60eecc86-8d76-4994-9b44-5d609d12cdca.jpg\" class=\"responsive-sc-1nnon4d-0 bAbKns\"\/><\/p>\n<p>YolanDa Brown with Brian May at Buckingham Palace<\/p>\n<p>AFP<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">When I got my OBE, Brian May was also getting his knighthood. I told him he was my inspiration \u2014 he had put his PhD on hold for Queen and went back and completed it 30 years later, so I\u2019ve still got ten years left!<\/p>\n<p>Do you own a property?<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">Yes. My parents helped me with my first property, when I was at university, a one-bedroom flat in Grays, Essex, which cost about \u00a3100,000, that I still own. Getting on the ladder early, being able to have tenants and have that as an income stream, has been really helpful.<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">I don\u2019t think I fully understood the weight of their help at the time \u2014 it was at a time when it was easier to buy property \u2014 but now I do. It\u2019s a lovely little flat; I thought I would live there but it\u2019s too far out of London for me. But it\u2019s been great to be able to keep it, the tenants are lovely and it\u2019s gone up in value a lot.<\/p>\n<p>Have you ever been hard up?<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">I\u2019ve never seen it as being hard up because I have that long-term vision. If it meant I couldn\u2019t have that pair of jeans because I was investing in an album, then that didn\u2019t feel like being hard up because I was working towards something. As a creative, you\u2019re so focused on what you\u2019re doing that you will easily sacrifice a personal purchase or go eat at Mum and Dad\u2019s while you\u2019re saving for the next gig.<\/p>\n<p>Are you better off than your parents?<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">I don\u2019t know. I remember talking to my mum in my late teenage years about being black Caribbeans, and how that meant as a parent you always want your children to do better than you did and to have more opportunities than you had, and you work hard to achieve that.<\/p>\n<p><img decoding=\"async\" alt=\"Many men waving from the decks and windows of the 'Empire Windrush' ship as it arrives at Tilbury docks.\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/02\/\/f596e94c-a0cd-4c28-9fe2-1fd0455e5f75.jpg\" class=\"responsive-sc-1nnon4d-0 bAbKns\"\/><\/p>\n<p>The Empire Windrush arriving at Tilbury docks from Jamaica in 1948<\/p>\n<p>GETTY<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">My grandma left school at six and came here in the Windrush generation. She worked really hard to own her own property, be a seamstress and raise kids. My mum came to England when she was six. She was the first in her family to go to university and became a teacher. She\u2019s still a governor, inspects schools and does appraisals. My dad had his own advertising agency in the West End. Now he is the \u201cmanny\u201d \u2014 he looks after all the grandchildren and they come on tour with us and on holidays.<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">\u2022 <a href=\"https:\/\/www.thetimes.com\/money\/family-finances\/article\/matt-edmondson-ive-invented-16-or-so-board-games-including-obama-llama-qwdfvlh6t\" class=\"link__RespLink-sc-1ocvixa-0 csWvlP\" rel=\"nofollow noopener\" target=\"_blank\">Matt Edmondson: \u2018I\u2019ve invented 16 or so board games, including Obama Llama\u2019<\/a><\/p>\n<p>Do you save into a pension?<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">I have done when I\u2019ve been in employment, but not as a self-employed person. We have some investments, mostly in property. I\u2019d love to take more of an interest but I don\u2019t have the time, so we have advisers. I\u2019m more likely to follow the investments of the charities I\u2019m on the board of.<\/p>\n<p>What\u2019s better for retirement \u2014 property or pension?<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">Property. My dad saved into a pension scheme and it went bust. Just as he was about to draw his pension, there was no money. I can\u2019t get my head around that. I\u2019m still so hurt for him and so I can\u2019t bring myself to do it.<\/p>\n<p>How much did you earn last year?<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">I\u2019d rather not share that.<\/p>\n<p>What\u2019s your money weakness?<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">It used to be stationery \u2014 I\u2019ve got a whole shelf of notebooks \u2014 but I bought a <a href=\"https:\/\/www.thetimes.com\/life-style\/luxury\/article\/best-stationery-times-luxury-qzgm60gmd\" class=\"link__RespLink-sc-1ocvixa-0 csWvlP\" rel=\"nofollow noopener\" target=\"_blank\">reMarkable Paper Pro<\/a> and it\u2019s a godsend. It\u2019s like all the notebooks are in here and I can see it on the Cloud and on my phone. I should get a commission at this point, I\u2019ve turned so many people to them. It cost about \u00a3500, but now I don\u2019t have my stationery addiction any more.<\/p>\n<p>What\u2019s been your most extravagant purchase?<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">My saxophone case. I travel with three saxophones \u2014 to anyone who ever sees me at the airport, I apologise. It\u2019s always a battle to explain that no, they can\u2019t be put in the hold; they will break, it has happened before. Or they don\u2019t get put on the plane and my saxophone is in Germany and I have a gig to do. So I invested in a case that fits all three but is only the size of one and fits in the overhead locker. It\u2019s lightweight, has skateboard wheels on it, but I can put it on my back. It cost about \u00a312,000 so is worth more than all three saxophones together, but it\u2019s my pride and joy.<\/p>\n<p>Your most lucrative work?<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">I have been paid ridiculous sums for gigs. We were once flown to the Caribbean and were waiting on the side of the beach for the audience to arrive, assuming it was a wedding or birthday party, but it was just this very rich person and their family \u2014 six people. We played our one-hour set, they wanted an encore, so we did that, and we stayed in a lovely hotel for three days. We got six figures for it. It was surreal.<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">\u2022 <a href=\"https:\/\/www.thetimes.com\/money\/family-finances\/article\/rebecca-adlington-i-was-paid-70k-for-im-a-celeb-id-never-had-money-like-it-9vd9wngbx\" class=\"link__RespLink-sc-1ocvixa-0 csWvlP\" rel=\"nofollow noopener\" target=\"_blank\">Rebecca Adlington: I was paid \u00a370k for I\u2019m a Celeb. I\u2019d never had money like it<\/a><\/p>\n<p>Do you remember the first time you felt wealthy?<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">For me, wealth is joy. We\u2019re brought up hearing fairytales about people who have so much money but are just sad, so I\u2019ve never rested my wealth on finance. Wealth isn\u2019t in the money, it is in joy and what you can give to others. I\u2019m fortunate to be in a position where business is booming and it feels great to be able to expand but also to give back.<\/p>\n<p>What\u2019s been your best business decision?<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">I bought the domain name for Soul Mama in 2014, made the business plan and the PDF deck and went to banks and investors to get funding. Everyone would say: I don\u2019t get it. But I knew a live music venue and restaurant would work, because I\u2019ve played in them all round the world.<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">In the end we decided to crowdfund through the platform Kickstarter. People could buy a meal, membership, a T-shirt, a concert ticket. We raised \u00a3248,148 \u2014 it was the most any restaurant in the world had raised on the platform. We got a Guinness World Record. When I went to the Guinness head office to collect the certificate, they said: while you\u2019re here, fancy trying for another one? So I\u2019m also the world record holder for the fastest time to stack 20 Welsh cakes in a tower without them falling over \u2014 19.58 seconds. I tried a bite after, it was a bit dry.<\/p>\n<p>And your worst?<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">I don\u2019t believe in failure. Any decision \u2014 even if it goes wrong and costs us a lot of money \u2014 my mum would say: it\u2019s part of life\u2019s rich tapestry. In business, you have to make mistakes to make successes.<\/p>\n<p><img decoding=\"async\" alt=\"Polar bear stands on a melting glacial iceberg in the Woodfjorden.\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/02\/\/b9b32593-21ad-4068-9eb3-6288a43706e2.jpg\" class=\"responsive-sc-1nnon4d-0 bAbKns\"\/><\/p>\n<p>Polar bears and penguins are on Browns \u201cmust-see\u201d list for travelling<\/p>\n<p>GETTY IMAGES<\/p>\n<p>What if you won the lottery?<\/p>\n<p class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">I would travel the entire world. I want to see everything: whales, polar bears, penguins. I get to see the world with work, which is wonderful, but I want to do it when it\u2019s not work and take my family with me. I\u2019d pick a cruise ship and everyone would have their own suite and we would go everywhere.<\/p>\n<p>The most important lesson you\u2019ve learnt about money?<\/p>\n<p id=\"last-paragraph\" class=\"responsive__Paragraph-sc-1pktst5-0 gaEeqC\">You can\u2019t take it with you. Make sure you enjoy your time on Earth but give to others, to charities and other generations. Live the dream, but don\u2019t hoard it.<\/p>\n","protected":false},"excerpt":{"rendered":"YolanDa Brown, 43, is a musician, broadcaster and philanthropist. As a saxophonist she toured with Billy Ocean, the&hellip;\n","protected":false},"author":2,"featured_media":282169,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[138,246,111,139,69,244,245],"class_list":{"0":"post-282168","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-finance","10":"tag-new-zealand","11":"tag-newzealand","12":"tag-nz","13":"tag-personal-finance","14":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/282168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=282168"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/282168\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/282169"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=282168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=282168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=282168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}