How much would you pay for a good haircut? Twelve dollars at Supercuts (like me) or $400 at a high-end salon (like John Edwards)?
Or would you pay even higher like Beverly Lateo, a blond millionaire who paid celebrity hair stylist Stuart Phillips £8,000 ($16,260) for a hairdo:
Yes, that's £8,000. For a haircut. OK, so the price did include her first-class flights from Italy, where Beverley, originally from Essex retired to 15 years ago, a limousine from the airport, Stuart's services for the entire day as well as the promise that Beverley's every whim would be indulged.
But in the event, her only indulgence was a cream tea and a trim and blow dry that took less than a hour. The result is Stuart's pocketed more than 50 times the normal £150 he'd charge for a standard cut in profit.
Nonetheless, Beverley, 50, insists her trim was worth every penny. "Some people would say £3,000 is too expensive for a Hermes handbag," she says. "Others would say £8,000 is too much for a haircut. "I'd say it's up to you to decide what you are prepared to pay for the things you want in life."
This is the third time Beverley has paid £8,000 for Stuart to cut her hair. She first came over a year ago after a hairdresser in Italy 'butchered' her hair. "My long blonde hair is my pride and joy and I want to be sure it won't be messed up," she says.