Steven Tyler enjoys the simple pleasures

Aerosmith frontman Steven Tyler has commented that there is much more to life than money.

Eat The Rich singer Tyler has said that the things that money cannot buy are often more valuable than things that it can. Speaking to USA Today he said: "You have got to find a happy medium."

"You may never know how to use it quite properly until you hit bottom - when you've had it and lost it. In most cases, you've either had it and lost it or never had enough to get into trouble with it. I've been in both places."

"You can lose a spouse, your children by giving them too many presents, so that nothing means anything. You can buy too many shirts. There's only 365 days in the year. How many shirts do you need?"

The rocker, who has just become a grandfather with the birth of daughter Liv's child, apparently spent the money received for licencing a track for a Buick advert to buy land next to his house in a bid to increase privacy.

"It made me happy because I can't really go anywhere anymore. My home is my refuge. Being in the limelight, I can't go out for an hour," he explained.