Thrifty Rod Stewart spends £85,000 on homemade album

SCOTS singer Rod Stewart has revealed he spent just £85,000 on his new homemade album.

Rod Stewart: Shrewd with cash. Picture: Getty Images

The 70-year-old star recorded his 30th solo album, released next month, in the library of his Los Angeles mansion.

He said the home recording helped to cut overheads: “Another Country cost just £85,000. In the old days, that was a week in the studio.”

He has a long-held reputation as being shrewd with his money.

He said: “Because of my pride in my Scottish heritage, I used to say things like, ‘I don’t mind buying a round of drinks but I don’t buy two’.

“It was something I joked about which has come back to bite me.”