ME and my MONEY

SINGER and songwriter Dean Friedman says he made more money selling 1,000 copies of an album direct to his fans in 2001 than he did selling millions of records in the 1970s.

The 62-year-old pop star earned his record label millions of pounds from his album ‘Well, Well,’ Said The Rocking Chair in 1978. He scored big chart hits with songs Lucky Stars, Lydia and Rocking Chair. But he says he barely saw a penny of the money because his record label took it all.

He went on to earn £35,000 from a song he wrote in an hour in 1981 and is now relying on his music catalogue to provide him with a pension. The biggest money mistake he ever made was buying only one Bitcoin in 2013 for just £390 and failing to invest in a computer that would have allowed him to mine hundreds of the coins.

He lives with wife Alison, 60, in Hudson Valley, New York State. A remastered version of his 1978 hit album was released last Friday and his UK tour starts today, ending at the Edinburgh Fringe Festival in August.

Visit website deanfriedman. com for more information.