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Money Tips Podcast Profile

Money Tips Podcast

English, Finance, 1 season, 439 episodes, 5 days, 13 hours, 44 minutes
About
Money Tips by Charles Kelly, author of Yes, Money Can Buy You Happiness.  Charles spent over 25 years in financial services working for banks, Insurance companies and as a qualified Independent Financial Adviser running his practice, before setting up his speaking, consultancy and property business.  Money Tips will help you save, make and accumulate more money whether you are a business owner, entrepreneur, employee or still searching for your vocation.   For more tips and information visit Mondeytipsdaily.com. The Information given in this podcast is for your entertainment and should not be construed as financial advice. As always, take independent financial advice before making any investment decisions.
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Mortgage Rates Fall Despite Bank of England Hold

Mortgage rates are coming down despite the Bank of England holding the base rate at a 15 year high at 5.25%. In this episode we discuss: Housing market and mortgage rates Section 24 Tax Trap for Landlords Money Management and Financial Freedom Gold and Silver Vs Cash Currency Watch full video at Charles Kelly Money Tips Podcast -  https://youtu.be/zgHqeA_hhUA Section 24 Landlord Tax Hike Interview with Chartered Accountant and property tax specialist who reveals options and solutions to move your properties from your own name into a limited company or LLP whilst mitigating the potential HMRC pitfalls. Email [email protected] for a free consultation on how to deal with Section 24. Watch video now: https://youtu.be/aMuGs_ek17s 3 Steps To Unlocking Financial Freedom! Could you do more with your money and finances? I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 7.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #finance #moneytraining #moneymanagement #wealth #money #marketing #sales #debt #leverage #property #investment #Homeownership #financialplanning #moneymanagement #financialfreedom #section24tax #financialindependenceretireearly 
7/18/202419 minutes, 28 seconds
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Financial Planning And Wealth Management For High-Earning Millennial Couples

Interview with Theodore (T.J.) van Gerven CFP, as Boston-based Certified Financial Planner and podcaster covering the subject of “How to maintain financial independence and create growth and income streams from investments”.  In this episode we discuss: ‘F.I.R.E’ for Millennials Money Talks But Wealth Whispers How to financially plan for retirement or a sabbatical How to effectively manage finances for newly married couples Planning for an IPO: how to make the most of equity compensation Watch full video at Charles Kelly Money Tips Podcast - https://youtu.be/VzpfEsAUwkw Theodore Joseph (T.J.) is the founder of Modern Wealth Builders, that aims to help maximize your resources and he is passionate about helping millennials to use money intentionally as a tool to build toward financial flexibility while accomplishing various goals on the path to independence. Website: https://modernwealthbuilders.com  YouTube: https://www.youtube.com/channel/UCxejrzu3vF5dc9V3tb9uOoQ Nectarine.com: https://hellonectarine.com/r/moneytips Section 24 Landlord Tax Hike Interview with Chartered Accountant and property tax specialist who reveals options and solutions to move your properties from your own name into a limited company or LLP whilst mitigating the potential HMRC pitfalls. Email [email protected] for a free consultation on how to deal with Section 24. Watch video now: https://youtu.be/aMuGs_ek17s 3 Steps To Unlocking Financial Freedom! Could you do more with your money and finances? I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 7.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #finance #moneytraining #moneymanagement #wealth #money #marketing #sales #debt #leverage #property #investment #Homeownership #financialplanning #moneymanagement #financialfreedom #FIRE #financialindependenceretireearly 
7/11/202434 minutes, 48 seconds
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Understanding BRICS: A Rising Global Economic Force And New World Order

The BRICS group, comprising Brazil, Russia, India, China, and South Africa, represents a formidable alliance in the global economic landscape. Formed in 2006, this coalition of emerging economies has steadily gained influence, shaping international trade and economic policies. Let's delve into the significance and impact of BRICS on the world stage. Join me online on my free live money management training – 3 Steps To Financial Freedom -  Wednesday at 7.00PM. Places are limited, so register now Click: https://bit.ly/3QPp8IH BRICS: An Overview BRICS stands for Brazil, Russia, India, China, and South Africa. These five countries together represent about 42% of the world's population, 23% of global GDP, and around 30% of the world's land area. The group's primary goal is to foster economic growth and development, facilitate trade, and promote peace and security among member states. Watch YouTube Video - https://youtu.be/772wkB3pfBw Economic Powerhouse The BRICS nations are some of the fastest-growing economies globally. China and India, in particular, have witnessed unprecedented economic growth, becoming major players in the global market. Russia and Brazil, rich in natural resources, add significant value to the group's economic stability. South Africa, as the gateway to Africa, enhances the group's reach and influence across the continent. Strategic Initiatives BRICS is known for its strategic initiatives aimed at enhancing economic cooperation. The New Development Bank (NDB), established in 2014, is one such initiative. The NDB provides funding for infrastructure and sustainable development projects in member countries, reducing dependency on Western financial institutions. Additionally, BRICS has initiated the Contingent Reserve Arrangement (CRA) to offer financial support to members during economic crises. Global Influence The BRICS alliance seeks to create a multipolar world, reducing the dominance of traditional Western powers in global affairs. Through collaborative efforts in technology, energy, and infrastructure, BRICS nations are positioning themselves as key influencers in international policymaking. Challenges and Future Prospects While BRICS has made significant strides, it faces challenges such as economic disparities among members, geopolitical tensions, and varying political ideologies. However, the group's commitment to mutual growth and development continues to drive its agenda forward. Stay tuned for more updates on BRICS and its evolving role in the global economy.  Section 24 Landlord Tax Hike Interview with Chartered Accountant and property tax specialist who reveals options and solutions to move your properties from your own name into a limited company or LLP whilst mitigating the potential HMRC pitfalls. Email [email protected] for a free consultation on how to deal with Section 24. Watch video now: https://youtu.be/aMuGs_ek17s 3 Steps To Unlocking Financial Freedom! I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 7.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #finance #moneytraining #moneymanagement #wealth #money #marketing #sales #debt #leverage #property #investment #LeaseholdReform #PropertyScam #Homeownership #UKHousingCrisis #FreeholderAbuse #LeaseholdScandal #moneymanagement #financialfreedom #section24tax #landlord #BRICS #GlobalEconomy #EmergingMarkets #EconomicGrowth #InternationalTrade #NewDevelopmentBank #SustainableDevelopment #Geopolitics #BRICSnations #WorldEconomy #EconomicCooperation #GlobalInfluence
7/4/202410 minutes, 20 seconds
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Leasehold Property Owners MUST Watch This!

Leasehold Property Owners MUST Watch This! Housing Market Update Leasehold Reform Act Passes into law. Join me online on my free live money management training Wednesday at 7.00PM. Places are limited, so register now Click: https://bit.ly/3QPp8IH The UK leasehold system has long been a contentious issue, and many argue it’s one of the biggest scams in history. The current system, which dates back to feudal times, sees homeowners purchasing property but not the land it stands on. Instead, they lease the land from a freeholder, often for 99 years or more.  Watch on my Money Tips YouTube channel video - https://youtu.be/i9WAY0qrt0U In theory, this feudal relic has reformed by the Leasehold Reform (Ground Rent) Act which was passed into law by Parliament and granted the ‘Royal Assent’ on 24 May 2024, just before it was closed for the forthcoming election. But many feel it has been watered down from its original aims. Read the Act in full - https://bills.parliament.uk/bills/3523/publications  Leasehold Reform Act Summary An Act to prohibit the grant or assignment of certain new long residential leases of houses, To amend the rights of tenants under long residential leases to acquire the freeholds of their houses, To extend the leases of their houses or flats, and  To collectively enfranchise or manage the buildings containing their flats,  To give such tenants the right to reduce the rent payable under their leases to a peppercorn,  To regulate the relationship between residential landlords and tenants,  To regulate residential estate management,  To regulate rent charges and to amend the Building Safety Act 2022 in connection with the remediation of building defects and the insolvency of persons who have repairing obligations relating to certain kinds of buildings. The new law will be good news for most leaseholders, especially those holding short leases. Summary of benefits to leaseholders known as tenants. New rights for leasehold tenants to acquire their freehold; under the new legislation it will be cheaper and easier for tenants to buy a share of their freehold Tenants will no longer have to pay their freeholder’s costs when making an enfranchisement claim. Selling new houses on a leasehold basis will be banned in England and Wales (save for in very specific circumstances) All new houses sold will be on a freehold basis. Standard lease extension terms will now increase to 990 years for both houses and flats (was previously 50 years for houses and 90 years for flats). The new legislation will mean that ‘marriage value’ will not be split with a freeholder.  Marriage value is the hypothetical profit resulting from the extension of a short lease (being one with less than 80 years remaining). However, deferment and capitalisation rates still need to be set (and will be prescribed when the Act is brought into force).  The deferment rate is the figure used to calculate how much compensation a tenant pays to their landlord when extending the term of their lease. It is a crucial element in calculating the premium an owner must pay to extend their lease (or to secure a share of the freehold) and ultimately any change in the rate could be more costly for those with more than 80 years left to run on their leases where they are seeking to extend. Tenants will no longer have to own a property for 2 years (as per the Leasehold Reform Act 1967) before extension of a lease can be applied for, meaning extensions can be obtained from completion of a purchase. Enfranchisement for semicommercial properties will change from 25% to 50%. It has not possible to enfranchise a building which had over 25% of commercial parts; the new Act will qualify more buildings permitting leaseholders a greater opportunity to purchase the freehold or access the Right to Manage.  Service charges and insurance Landlords will now have to demand Service charges in a standard form and provide more clarity. Tenants will have the right to challenge unreasonable charges. A new ban on commissions made on insurance by freeholders and/or managing agents and more transparency on fees for placing insurance. Management of buildings The legislation will require those freeholders who manage any buildings to belong to a redress scheme enabling leaseholders to challenge charges. Section 24 Landlord Tax Hike Interview with Chartered Accountant and property tax specialist who reveals options and solutions to move your properties from your own name into a limited company or LLP whilst mitigating the potential HMRC pitfalls. Email [email protected] for a free consultation on how to deal with Section 24. Watch video now: https://youtu.be/aMuGs_ek17s 3 Steps To Success Financial Freedom And Money Management! I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 7.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #finance #moneytraining #moneymanagement #wealth #money #marketing #sales #debt #leverage #property #investment #LeaseholdReform #PropertyScam #Homeownership #UKHousingCrisis #FreeholderAbuse #LeaseholdScandal #moneymanagement #financialfreedom #section24tax #landlord 
6/27/202421 minutes, 21 seconds
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How To 10X Your Business Value And Cash Out TAX FREE With Marc Adams

Learn how to 10X Your Business Value And Cash Out TAX FREE  With Marc Adams, author of:  Secrets To 10Xing Your Business: And Cashing Out Tax-Free -  https://amzn.eu/d/ckG1SGB Imagine reshaping the destiny of your business with strategies proven to not only multiply its worth but also to ensure a lucrative exit when the time is ripe. "Secrets to 10Xing Your Business and Cashing Out Tax-Free" is your guide through this transformative journey. This book doesn't just promise exponential growth; it hands you the roadmap to a destination that many entrepreneurs only dream of but never reach. Dive into the critical first steps with the Introduction: Laying the Groundwork for a 10X Exit.  Watch interview on YouTube video: https://youtu.be/M78MxnL-I6g?si=b2vtvavWPGYt1_3Q Visit Marc’s website: www.acquisitions4you.com  Email: [email protected] Ever wonder why you never seem to have enough money? We are living in challenging economic times. I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.   See also: Leasehold Scandal: The Biggest Property Scam in UK History? - https://youtu.be/b-wlBMTtmhg Renters and Leasehold Reform Bills Update - https://youtu.be/Lxs0wTR3ejQ 3 Steps To Success Money Management! I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 7.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #finance #moneytraining #moneymanagement #wealth #money #marketing #sales #debt #leverage #property #investment #LeaseholdReform #PropertyScam #Homeownership #UKHousingCrisis #FreeholderAbuse #LeaseholdScandal #moneymanagement #financialfreedom #business #marcadams
6/20/202458 minutes, 24 seconds
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Renters and Leasehold Reform Bills Could Fall as UK July General Election Announced

See also: Leasehold SCAM - https://youtu.be/b-wlBMTtmhg?si=K71E-JNDBsfi3UFM  References: - "Leasehold Reform (Ground Rent) Bill" – UK Parliament: [Link](https://services.parliament.uk/bills/2021-22/leaseholdreformgroundrent.html) –  The Guardian on Leasehold Abuses: [Link](https://www.theguardian.com/money/leasehold-scandal) - BBC News on  Leasehold Reforms: [Link](https://www.bbc.com/news/business-leasehold-reform)    Ever wonder why you never seem to have enough money? We are living in challenging economic times.  I want to show you how can you:  Not only survive, but thrive in a recession or depression?  Get control of your finances and spending?  Save and invest for your future?  Learn about money and finance?  To help you, I am running a free training webinar. 3 Steps To Success Money Management!  I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 7.00PM.  Places are limited, so register now below to avoid disappointment.  https://bit.ly/3QPp8IH #finance #moneytraining #moneymanagement #wealth #money #marketing #sales #debt #leverage #property #investment #LeaseholdReform #PropertyScam #Homeownership #UKHousingCrisis #FreeholderAbuse #LeaseholdScandal
5/30/202410 minutes, 46 seconds
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Leasehold Scandal: The Biggest Property Scam in UK History?

Why leaseholds are ripping you off! The UK leasehold system has long been a contentious issue, and many argue it’s one of the biggest scams in history. The current system, which dates back to feudal times, sees homeowners purchasing property but not the land it stands on. Instead, they lease the land from a freeholder, often for 99 years or more. This feudal relic is under scrutiny as the Leasehold Reform (Ground Rent) Bill moves through Parliament, aiming to address some of the system's inherent unfairness. Leasehold ownership can feel like a trap for many. Despite buying their homes, leaseholders must pay ground rent to freeholders, which can increase significantly over time. Additionally, they often face hefty fees for minor alterations, high service charges, and exorbitant costs to extend their lease. Failure to comply with these terms can lead to severe penalties, including forfeiture of the property. This situation creates a financial burden and an ongoing dependency on freeholders, making it hard for homeowners to feel truly secure in their properties. The Leasehold Reform Bill seeks to abolish ground rents for new residential leases, which is a step in the right direction. However, it does little to alleviate the burdens on existing leaseholders. The bill also does not address other controversial issues like high service charges or the complex and costly process of enfranchisement, where leaseholders attempt to buy the freehold of their property. Critics argue that the current system is outdated and exploitative, designed to benefit freeholders at the expense of leaseholders. The feudal origins of leaseholds, meant to maintain control and extract wealth from tenants, seem archaic in the 21st century. With more than four million leasehold properties in the UK, the impact is widespread, affecting millions of homeowners. Reform is crucial, not just to modernize property ownership but to ensure fairness and security for homeowners. The Leasehold Reform Bill is a start, but comprehensive change is needed. Abolishing leaseholds entirely or drastically reducing the power imbalance between freeholders and leaseholders would be a significant step toward justice for UK homeowners. As the debate continues in Parliament, the hope is for a future where owning a home means true ownership without the strings of an outdated feudal system. Unfortunately, it looks like the legislation will be watered down and leaseholds will continue to plague flat owners in the UK. Will a future Labour government change this like they tried, and failed, before? #LeaseholdReform #PropertyScam #Homeownership #UKHousingCrisis #FreeholderAbuse #LeaseholdScandal   **References:** - "Leasehold Reform (Ground Rent) Bill" – UK Parliament: [Link](https://services.parliament.uk/bills/2021-22/leaseholdreformgroundrent.html) - The Guardian on Leasehold Abuses: [Link](https://www.theguardian.com/money/leasehold-scandal) - BBC News on Leasehold Reforms: [Link](https://www.bbc.com/news/business-leasehold-reform)
5/23/202419 minutes, 26 seconds
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You Get What You Tolerate Not What You Deserve!

We are told that we get what we deserve, but is that true? We get what we tolerate, accept and put up with.   People will put up with the most terrible situations in their lives including abusive relationships, bad jobs and low wages for years.  Have you noticed that there are people who seem to get treated better than others?  Have you heard the expression he or she is “nobody‘s fool”?  He or she just seems to demand respect and they get it! That doesn’t mean they are rude or arrogant. Then there are those unfortunate people who just soak it up!  They are the person that gets all the crap jobs, the family member that’s bossed around and bullied! And it goes through their whole life and never seems to change, unless they do. I’ve seen two elderly sisters where one of them is dominating the other to the extent that it’s almost an abusive relationship. What unwanted things have you been tolerating in your life for years? Relationships Abusive boss Abusive family member  Career or job you hate Money problems and lack Bad neighbourhood  Bad neighbours! Economy flights! Ha ha! Make your own list… You don’t have to put up with it for the rest of the life, and don’t have to be a martyr! Holding in that anger has been scientifically proven to cause physical health problems. You’re not going to get that promotion if you allow yourself to be the butt of everyone’s jokes.  There’s no point in running away or changing jobs, because there is always an asshole or bully in every company! Think of the bully as a teacher who has been sent to give you a lesson.   What are you going to do about it? Here are some suggestions: Decide! Refuse to tolerate less than you deserve.  Start slowly, pushing back. Be assertive and not aggressive. Take an assertiveness course if need be.  Work on yourself and upgrade your skills.  Write out your goals and expectations in your career, health, wealth and life.  Start making plans to achieve your goals.  Just get started! Do it! Start managing your money, time, health, energy, sleep, diet and life.  Make a decision today to expect the best in your life and rid yourself of all unwanted people and things that are not to your liking.  I regularly book business class flights or upgrade to business.  Why? More comfort  Better sleep and  I feel better in myself  Less recovery time wasted I enjoy rather than endure the flight.  I decided many years ago to work for myself rather than work for somebody else. I made that lifechanging decision to work on myself more than I was working on my job, so I started a journey of self-improvement and mentoring to improve my wealth and health.    Do you ever wonder why you never seem to have enough money? We are living in challenging economic times. I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.   3 Steps To Success Money Management! I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 7.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #finance #moneytraining #moneymanagement #wealth #money #marketing #property #investment #assertive #businessclassflight #freemoneytraining #moneytips #relationships #health
5/16/202416 minutes, 19 seconds
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Unveiling SSAS Secrets: Insights from an Expert Interview

In the realm of pensions and retirement planning, the Small Self-Administered Scheme (SSAS) stands as a potent yet lesser-known tool. To uncover its hidden gems and understand its potential benefits, we delve into an enlightening interview with Brian Harvey, an expert in the field. Firstly, what exactly is a SSAS? In essence, it's a pension scheme tailored for limited company small businesses, allowing greater control and flexibility over investments compared to traditional pension arrangements. With a SSAS, business owners can take the reins of their retirement savings, making strategic investment decisions that align with their long-term financial goals. One of the key advantages of a SSAS is its tax efficiency. Contributions made into the scheme are typically tax-deductible for the business, reducing its taxable profits. Furthermore, investments within the SSAS grow tax-free, maximizing potential returns over time. These tax benefits can significantly bolster both personal and business finances in the long run. Moreover, the loan back provision within a SSAS adds another layer of versatility. This feature allows the scheme to lend funds to the sponsoring employer, providing a valuable source of financing for business endeavours. Whether it's funding expansion projects or addressing short-term cash flow needs, the loan back provision offers a lifeline for businesses looking to navigate financial challenges. Another compelling application of a SSAS lies in property investment. With the ability to purchase commercial property, the scheme opens doors to diversified investment portfolios. From owning business premises to generating rental income, property investments through a SSAS can yield substantial returns while providing stability and security for the future. In conclusion, the SSAS holds a treasure trove of benefits for savvy business owners and investors alike. From tax advantages to flexible investment strategies, its versatility knows no bounds. To unlock the full potential of a SSAS and chart a course towards financial prosperity, reach out to me or Brian at [email protected] for expert advice and a complimentary consultation.  #SSAS #PensionPlanning #TaxAdvantages #BusinessInvestments #PropertyInvestment #FinancialFreedom #RetirementPlanning
4/25/202435 minutes, 17 seconds
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Can Money Buy You Happiness? Money Tips 365 Day 40

They say money doesn’t make you happy, but is that entirely true? Join me online on my free live money management training Wednesday at 7.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH If everything else was equal, would you rather: Be broke or rich? Live in a nice house or a dump? Drive a good car or an old banger? Get medical treatment now or in two years’ time? Travel first class or economy? Money is a tool that makes life easier for us to live a better life and provide for our needs and our families.  Do you want the best tools for the job? Of course! Check out my book: Yes, Money Can Buy You Happiness! Available on Amazon.  https://amzn.eu/d/a8LjMrj Ever wonder why you never seem to have enough money? We are living in challenging economic times. I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.   3 Steps To Success Money Management! I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 7.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #finance #moneytraining #moneymanagement #wealth #money #wealth #happiness
4/18/20244 minutes, 22 seconds
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Leverage And OPM Will Help Accelerate Your Wealth Building Money Tips 365 Day 29

Join my Money Tips 365 Supporters Club on Spotify: -  https://podcasters.spotify.com/pod/show/charles-kelly/subscribe Leverage is a term used in business for borrowing money or using debt to buy assets.  Other people’s money (OPM) has been deployed for centuries to help governments and businesses to raise capital, which I’ve written about in my book, Borrow and Grow Rich.  There is a big difference between good debt, which helps you buy assets that produce income, capital growth, and create jobs and bad debt to consumer goods which go down in value.  Can you think of an example of where you have used good debt or leverage to buy an asset like a property?   Have you also used bad debt, such as a credit card, to buy something that you didn’t want to save up for? How much has that item cost you in interest? Lessons Use good debt, leverage and OPM to accelerate your wealth building process. Avoid credit cards and other bad debt and only use a credit card to pay for things that you can repay in full at the end of the month.  If you have credit card debts, start on a plan to clear the balance as soon as possible, rather than just paying the minimum amount each month.  Join my Money Tips 365 Supporters Club on Spotify: -  https://podcasters.spotify.com/pod/show/charles-kelly/subscribe Need help with your money? We are living in challenging economic times. I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.   3 Steps To Success Money Management! I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #property #mortgages #remortgage #firsttimebuyer #mortgagerates #homebuyers  #housepricefall #finance #moneytraining #moneymanagement #wealth #money #buytolet #rentalproperty  #leverage OPM
4/11/20248 minutes, 27 seconds
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21 SMART Money and Energy Saving Tips

With energy bills, fuel and interest rates soaring, there’s never been a more critical time to make savings and learn how to manage our money to the best of our ability. I cover many more tips and money-making ideas in my programme, Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr. Please LIKE and SHARE – WATCH YOUTUBE VIDEO - https://youtu.be/taJgXOqp9O0 Here are some tips to help you save and accumulate more money. 1 Pay yourself and save first, spend what’s left 2 Avoid credit card debt interest 3 Track your income and expenditure ‘T’ for ‘track’ is included in my programme, Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.  4 Start saving and investing Check out www.gov.uk/individual-savings-accounts for more information. Check for the best cash ISA rates at Moneyfacts. Shop around and be prepared to move your money to obtain the best rates.  5 Emergency or contingency funds 6 Loyalty doesn’t always pay - switch suppliers Check your latest utility statements and check out comparison sites, such as uswitch or moneysupermarket. 7 Reduce your car insurance 8 Review your mortgage ‘R’ for ‘review’ is part of my programme, Master Your Money the S.M.A.R.T Way training. Check it out - https://bit.ly/3isugCr. 9 Check your tax code to pay less to HMRC  10 Look for old bank accounts and pension policies  11 Check for any entitlements to benefits. 12 Reduce your grocery bill  13 Avoid wasting food  14 Explore local charities for help – there is an abundance of food given away by supermarkets 15 Check your workplace or private pension 16 Check your state pension and NI contributions level 17 Use loyalty cards, price match and vouchers and deal finders  Try hacks like VoucherCodes ‘DealFinder’ as a plug-in on Chrome to be alerted to the best deals while buying online. There are hundreds of money saving apps and discount offers, such as Sweatcoin and BetterPoints, where you can get paid to walk and exchange your steps for store discounts and freebies. 18 Cut energy bills  Check out the Energy Saving Trust for some great energy and money saving hacks.  19 Sell unwanted stuff on resale platforms You can turn unwanted clothes into cash using resale platforms such as Depop, Vinted and eBay. 20 Mindset – avoid emotional spending and blowing your salary on payday In my programmes and YouTube Money Tips Podcast videos I talk about money mindset. A recent survey by Nationwide’s Payday Saveday revealed that 1 in 5 people blow over half their spare monthly wages within 48 hours of payday!  21 Plan, organise and forecast The key is in planning and organising your expenditure, work, goals, relationships and life! As in the first tip, prioritise essential expenditure and your savings pot, before spending.  Finally, searching for the best deals, tracking and reviewing your finances and being mindful of spending money on things to don’t really need will not only help you get through the current crises but help you form lifelong habits that will enable to build wealth. For more ideas and tips, see out my new training to help you get control of your finances in 28 days! Click to join: https://bit.ly/3isugCr #freetraining #savemoney #moneysavingtips #mortgage #creditcarddebt #energybill #costofliving #goals #foodbank #getcontroloffinances #money
4/4/20249 minutes, 8 seconds
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Inflation Down But Mortgage Rates Remain High For Homeowners

Inflation Down But Mortgage Rates Remain High For Homeowners Join my Money Tips 365 Supporters Club on Spotify: - https://podcasters.spotify.com/pod/show/charles-kelly/subscribe    #discipline #selfdiscipline #money #moneytips
3/29/20247 minutes, 52 seconds
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Renters Reform Bill In Jeopardy

Renters Reform Act could fail, but is this good news for landlords? Join my Money Tips 365 Supporters Club on Spotify: -  https://podcasters.spotify.com/pod/show/charles-kelly/subscribe Section 24 Tax Hike Solutions Revealed By Property Accountant Interview with Chartered Accountant and property tax specialist who reveals options and solutions to move your properties from your own name into a limited company or LLP whilst mitigating the potential HMRC pitfalls. Email [email protected] for a free consultation on how to deal with Section 24. Watch video now: https://youtu.be/aMuGs_ek17s In this 45 minute interview we discuss: What is Section 24 and when did George Osbourne introduce this tax hike on landlords? 6 options available to landlords with buy-to-let properties in their own name What is classed as a property business and property partnership? Ramsay v HMRC (2013) case explained Incorporation Relief, Stamp Duty, CGT (Capital Gains tax) and much more… Over 29,000 people signed a petition calling on the government to reverse this unfair tax o landlords to no avail.   Find out what you can do in this video. Email [email protected] for a free consultation on how to deal with Section 24.   #buytoletlandlord #propertyinvestment #section24tax #georgeosborne #financialfreedom #FinancialEquality #FinancialIndependence #money #MoneyManagement #rentersreform #landlord #section24 #section21 #property
3/22/202411 minutes, 42 seconds
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Smart Money Invests In ASSETS Such As Gold, Silver, Stocks and Property

Smart Money Is Buying Assets, Such As Gold and Silver, Stocks and Property, not leaving their money in the bank.  Join me online on my free live money management training Wednesday at 8.00PM. Register now ⁠https://bit.ly/3QPp8IH⁠  In the ever-evolving landscape of investment opportunities, the age-old appeal of precious metals like gold and silver remains steadfast. Investors are often confronted with a myriad of choices, ranging from the digital allure of cryptocurrencies to the stability of stocks and the tangibility of real estate.  Watch video version - https://youtu.be/KYP1OGVhdMQ Before making any investment decisions, make sure you are financially educated ad informed, as well as taking independent financial advice.  Where to find me: Money Tips website: https://moneytipsdaily.com/ YouTube Channel: https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg Money Tips Facebook Community: https://www.facebook.com/groups/No1businessopportunities LinkedIn: www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2 For a free gold, investment report, and Discovery Call, click here - https://pure-gold.co/charles-kelly Section 24 See also: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty ⁠https://youtu.be/mtGq7WaVxLA ⁠  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. ⁠https://bit.ly/3QPp8IH⁠ #money    #stockmarket #gold #silver #inflation #money #propertyprices #rent #generationrent #investing
3/8/20244 minutes, 54 seconds
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Money Tips 365 Day 1 – Live Within Your Means

Starting March 2024, each day I will be recording a short daily money tip - each day for 365 days. You’ll be able to find these tips, wherever you listen to your podcast, as well as my YouTube channel Charles Kelly money tips podcast.  Watch YouTube Version - https://youtu.be/6IpIptH76pc For those of you who want more in depth exclusive content, I will also be producing a more detailed money tip for my paid supporter subscribers on Spotify.  For just £4.99 per month you can access exclusive content for my Money Tips supporters - https://podcasters.spotify.com/pod/show/charles-kelly/subscribe   You couldn’t register to become a supporter on my Spotify channel, using the link in the notes.  Live within your means.  The fastest way to go broke is to spend money you don’t have, buying things you don’t need, to impress people you don’t like and who don’t give a damn about you!   Look, I get it! We live in a consumer led economy where big business and the government need us to spend money to grow the GDP. But that doesn’t mean you have to spend money you don’t have. When singer Rihanna almost went bankrupt, after earning millions and then spending it, she sued her financial advisor who responded: “Was it really necessary to tell her that if you spend money on things, you will end up with the things and not the money”.   Yes!   Are you converting your wealth or potential wealth for things? Do you want to be a millionaire or just spend a million? If you don’t live within your means and start saving, you’ll always be short of money or broke.     For more content, join my Money Tips 365 Supporters Club on Spotify: -  https://podcasters.spotify.com/pod/show/charles-kelly/subscribe
3/8/20243 minutes, 48 seconds
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Accountant Reveals Section 24 Tax Hike Solutions

Interview with Chartered Accountant and property tax specialist who reveals options and solutions to move your properties from your own name into a limited company or LLP whilst mitigating the potential HMRC pitfalls. Email [email protected] for a free consultation on how to deal with Section 24. Watch video now: https://youtu.be/aMuGs_ek17s In this 45 minute interview we discuss: What is Section 24 and when did George Osbourne introduce this tax hike on landlords? 6 options available to landlords with properties in their own name What is classed as a property business and property partnership? Ramsay v HMRC (2013) case explained Incorporation Relief, Stamp Duty, CGT (Capital Gains tax) and much more… Over 29,000 people signed a petition calling on the government to reverse this unfair tax o landlords to no avail.   Find out what you can do in this video. Email [email protected] for a free consultation on how to deal with Section 24. #buytoletlandlord #propertyinvestment #section24tax #georgeosborne #financialfreedom #FinancialEquality #FinancialIndependence #money #MoneyManagement #FinancialEducation #SecureYourFuture #TakeControl #FinancialWellBeing #BridgeTheDivide #EqualityInFinance #economy #recession #section24 #section21 #IncorporationRelief #SDLT #StampDuty #CGT #ramsayvHMRC 
3/1/202439 minutes, 28 seconds
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UK In Recession As Economy Shrinks Again

The UK is officially in recession after negative growth of -0.3% in the last two quarters of 2023. The economy barely grew last year by 0.1% following inflation, cost of living crisis and high interest rates. Inflation remained at 4% this month prompting hopes of a cut in interest rates in March or April. The government borrowed £7.8 billion in December and the national debt stands at £2.7 trillion and 97% of GDP. UK house prices rose in January according to the Halifax, but ONS figures a small fall in England. Financial Education In my upcoming free live money training session this Wednesday at 8:00 PM, we'll delve into the factors contributing to the gender pension pay gap and explore actionable strategies to bridge this divide. By attending, you'll gain valuable insights into: Understanding the root causes of the gender pension pay gap. Navigating career breaks and their impact on retirement savings. Investing smartly to maximize your pension fund growth. Overcoming financial challenges unique to women. Empowering yourself to achieve financial freedom and security. But that's not all! When you register for the session, you'll also gain access to my free newsletter, delivering regular updates and tips to help you stay informed and in control of your finances. Seize this opportunity to take charge of your financial well-being. Don't let the gender pension pay gap dictate your future. Join me this Wednesday and embark on the path to financial empowerment! Register now to secure your spot: https://bit.ly/3QPp8IH⁠ Additionally, check out this informative video on managing your money effectively: https://youtu.be/XDkF9LSpQgk Together, let's strive towards closing the gender pension gap and creating a more equitable financial landscape for all. Join me online on my free live money training Wednesday at 8.00PM. Register now below to book your seat and get regular money updates through my free newsletter. ⁠https://bit.ly/3QPp8IH⁠  What can you do to manage your money and become financially free? Watch video - https://youtu.be/XDkF9LSpQgk Buy-to-Let Alternative To Pension Plans Buy-to-Let investors pension plans devasted by George Osborne’s Section 24 landlord tax hike. See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty t offset Sec 24. ⁠https://youtu.be/mtGq7WaVxLA ⁠ Where to find me: Money Tips website: https://moneytipsdaily.com/ YouTube Channel: https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg Money Tips Facebook Community: https://www.facebook.com/groups/No1businessopportunities LinkedIn: www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2 For a free gold, investment report, and Discovery Call, click here (https://pure-gold.co/charles-kelly) Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to book your seat and get regular money updates through my free newsletter. ⁠https://bit.ly/3QPp8IH⁠  #buytoletlandlord #propertyinvestment #section24tax #georgeosborne #financialfreedom #FinancialEquality #FinancialIndependence #ClosingTheGap  #money #MoneyManagement #FinancialEducation #SecureYourFuture #TakeControl #FinancialWellBeing #BridgeTheDivide #EqualityInFinance #economy #recession #section24 #section21
2/23/202418 minutes, 52 seconds
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Gender Pensions Pay Gap Hits Women Savers

'Women falling behind men in pension savings due to gender pay gap and career breaks' say Legal and General. What can you do to manage your money and become financially free? Buy-to-Let investors pension plans devasted by George Osborne’s Section 24 landlord tax hike. See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty to offset Sec 24. ⁠https://youtu.be/mtGq7WaVxLA ⁠ Where to find me: Money Tips website: https://moneytipsdaily.com/ YouTube Channel: https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg Money Tips Facebook Community: https://www.facebook.com/groups/No1businessopportunities LinkedIn: www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2 For a free gold, investment report, and Discovery Call, click here (https://pure-gold.co/charles-kelly)   Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to book your seat and get regular money updates through my free newsletter. ⁠https://bit.ly/3QPp8IH⁠  #buytoletlandlord #propertyinvestment #pensions #genderpaygap #womensavers #section24tax #georgeosborne #financialfreedom #retirementplanning
2/16/202413 minutes, 7 seconds
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The Psychology of Investment: Unravelling the Emotional Decisions that Drive Financial Success

Investing is often perceived as a rational and analytical process driven solely by numbers and market trends. However, beneath the surface lies a complex web of emotions that can significantly influence investment decisions. Understanding the psychological aspect of investing is crucial for investors looking to navigate the markets successfully. In this article, we delve into why investing is often based on emotional decisions and how recognizing and managing these emotions can lead to better financial outcomes. Watch YouTube video version: https://youtu.be/cYE-eY4uulk   Emotional Investing: The Human Factor in Financial Decisions Fear and Greed: Contrarian investor, Warren Buffett, said: “be fearful when others are greedy and be greedy only when others are fearful”. Fear and greed are two potent emotions that can sway investment decisions. During market downturns, fear can lead investors to sell off assets hastily, fearing further losses. Conversely, in bull markets, greed can drive investors to make impulsive decisions, potentially buying into overvalued assets. Recognizing these emotions and learning to control their impact is key to making sound investment choices.   Aversion to Loss The fear of losses can be more powerful than the prospect of gains, a phenomenon known as loss aversion. Investors often go to great lengths to avoid losses, sometimes leading to conservative choices that may hinder long-term growth. Understanding this emotional bias can help investors strike a balance between risk and reward, making more informed and strategic investment decisions. Be self aware, Maybe you have lost in the past due to a poor or uninformed decision and this is making you overly cautious?   The Role of Cognitive Biases in Investment Anchoring Bias: Anchoring bias occurs when investors fixate on specific reference points, such as past prices or market highs. This fixation can lead to irrational decision-making, as investors may be reluctant to adjust their strategies based on new information. Overcoming anchoring bias involves staying adaptable and reassessing investment decisions in light of current market conditions.   Confirmation Bias: Confirmation bias is the tendency to seek out information that supports pre-existing beliefs while ignoring evidence to the contrary. Investors may fall into this trap by only considering data that aligns with their initial investment thesis. Actively seeking diverse opinions and regularly reassessing investment strategies can help mitigate the impact of confirmation bias.   The Importance of Emotional Intelligence in Investing Self-Awareness: Developing self-awareness is crucial for investors to recognize their emotional triggers and biases. By understanding their own risk tolerance and emotional responses, investors can make decisions aligned with their long-term financial goals rather than succumbing to short-term market fluctuations.   Patience and Discipline: Emotional investing often leads to impulsive actions. Cultivating patience and discipline is vital for investors to resist the urge to make snap decisions based on fear or greed. Establishing a well-thought-out investment plan and sticking to it can help investors weather market volatility with confidence.   Your Past Experience, Background and Upbringing. Americans spend more money on Lottery tickets than movies, video games, sporting events and books combined. Source: Morgan Housel, The Psychology of Money.  The lowest income households spent $412 a year on lottery tickets, four times the amount of people in higher income groups.  People buying the most lottery tickets are the same people who cannot come up with $412 in an emergency and are blowing their security on gambling with a ‘million to one’ shot of ever winning.  We can criticise the poorest in society for giving up security of having money in the bank for a one in a million chance of hitting the jackpot, but people make buying and investment decisions based on emotions and the current circumstances rather than logic. If you’re a lower paid worker who feels there is no prospect of ever earning much more having a piece of the good life then you could be forgiven for saying the lottery ticket as your only chance of having the finer things in life. But don’t think because you are Rich or middle class that you don’t also make investing decisions based on emotion, your upbringing on your past experience.  People who have lived through recessions, depressions, or extended market downturns, make very different investment decisions from people who have only seen the good times.  Just as people from well-off, financially, secure families make very different investment decisions than someone from a poor family. This is also true of most decisions we make in life, whether it’s making a large purchase or choosing a future spouse, it is rarely based on logic or a spreadsheet! Great salespeople know that people buy based on emotion, which is why they are at the top. On the other hand, average salespeople sell features of a product, which is why they are average.   When investing, you need to understand why people make seemingly irrational decisions, like selling at the bottom of the market, when it has crashed, or buying at the top of the market. Warren Buffett knows that it is important to be fearful when everyone else around him is brave and vice versa.    Navigating the Emotional Landscape of Investing In conclusion, investing is not a purely rational endeavour. Emotions play a significant role in shaping financial decisions, and understanding this dynamic is paramount for success in the markets. Investors who acknowledge the impact of emotions, recognize cognitive biases, and cultivate emotional intelligence are better positioned to make informed, strategic decisions that align with their financial objectives. By embracing the psychological aspect of investing, individuals can develop a more holistic approach to managing their portfolios. In a world where market dynamics are influenced by both quantitative factors and human emotions, the ability to strike a balance between reason and sentiment is the key to achieving long-term financial success. Gold and silver have a long-established reputation as effective hedges against inflation. When fiat currencies lose value due to inflationary pressures, the purchasing power of gold and silver tends to rise. This characteristic makes them particularly attractive to investors seeking to protect their wealth from the eroding effects of inflation. While the investment landscape continues to evolve with the emergence of new opportunities such as cryptocurrencies, the enduring appeal of gold and silver remains undeniable. These precious metals offer stability, tangibility, diversification, inherent value, and a time-tested hedge against inflation. Investors looking for a reliable and proven store of value should consider the enduring allure of gold and silver as foundational elements of a well-rounded investment portfolio. For a free gold, investment report, and Discovery Call, click here.  https://pure-gold.co/charles-kelly Where to find me: Money Tips website: https://moneytipsdaily.com/ YouTube Channel: https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg Money Tips Facebook Community: https://www.facebook.com/groups/No1businessopportunities LinkedIn: www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2 See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty ⁠https://youtu.be/mtGq7WaVxLA ⁠ What’s in Store in 2024? Stock Markets, Property and Gold Watch full video on Money Tips Podcast YouTube Channel https://youtu.be/difmr0fp5-Q For a free gold, investment report, and Discovery Call, click here (https://pure-gold.co/charles-kelly) 7 Things To Make 2024 Your Best Year Ever - Watch video version at Charles Kelly Money Tips Podcast: https://youtu.be/8oZ30NHVAr8 Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. ⁠https://bit.ly/3QPp8IH⁠   #interestrates #inflation #oilprices #gold #silver #property #stockmarket #money #financialfreedom #inflation #section24 #Investing #EmotionalIntelligence #FinancialDecisions #CognitiveBiases #MarketPsychology #WealthManagement #warrenbuffett #harrydent #valueinvesting 
2/9/202419 minutes, 14 seconds
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How Will The War In Gaza Affect You?

The Israel Gaza war could have far reaching consequences for western economies and your finances. Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, register now below to avoid disappointment. ⁠https://bit.ly/3QPp8IH⁠ Watch video on Charles Kelly Money Tips Podcast - https://youtu.be/umoG7t3qGNE In the ever-evolving landscape of investment opportunities, the age-old appeal of precious metals like gold and silver remains steadfast. Investors are often confronted with a myriad of choices, ranging from the digital allure of cryptocurrencies to the stability of stocks and the tangibility of real estate. In this comparison, we explore why investing in gold and silver continues to be a compelling option compared to the alternatives. Watch YouTube video Part 1: https://youtu.be/woBQBtavLUM Historical Stability: Gold and silver have stood the test of time as reliable stores of value. Throughout history, these precious metals have retained their purchasing power, acting as a hedge against inflation and economic uncertainties. Unlike cryptocurrencies, which can be highly volatile, and stocks, which are subject to market fluctuations, gold and silver have maintained a reputation for stability.     2. Tangibility and Security: One of the key advantages of investing in physical gold and silver is the tangible nature of these assets. Unlike cryptocurrencies, which exist only in the digital realm, and stocks, which represent ownership but lack a physical presence, gold and silver can be held in hand. This tangibility not only provides a sense of security but also ensures that investors have a physical asset they can access irrespective of economic conditions.     3. Diversification: While stocks and real estate have their merits, they can be vulnerable to economic downturns. Gold and silver, on the other hand, often move inversely to other asset classes, providing an effective means of diversification. A well-diversified portfolio that includes precious metals can potentially mitigate risks and enhance overall stability.     4. Inherent Value: Gold and silver derive their value from their intrinsic properties rather than relying on the perceived value assigned by market sentiment, as is often the case with stocks and cryptocurrencies. The industrial uses of silver, for example, contribute to its value beyond its role as a precious metal. This intrinsic value can offer a certain level of reassurance to investors, especially during times of economic uncertainty.     5. Inflation Hedge: Gold and silver have a long-established reputation as effective hedges against inflation. When fiat currencies lose value due to inflationary pressures, the purchasing power of gold and silver tends to rise. This characteristic makes them particularly attractive to investors seeking to protect their wealth from the eroding effects of inflation. While the investment landscape continues to evolve with the emergence of new opportunities such as cryptocurrencies, the enduring appeal of gold and silver remains undeniable. These precious metals offer stability, tangibility, diversification, inherent value, and a time-tested hedge against inflation. Investors looking for a reliable and proven store of value should consider the enduring allure of gold and silver as foundational elements of a well-rounded investment portfolio. For a free gold, investment report, and Discovery Call, click here.  https://pure-gold.co/charles-kelly Where to find me: Money Tips website: https://moneytipsdaily.com/ YouTube Channel: https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg Money Tips Facebook Community: https://www.facebook.com/groups/No1businessopportunities LinkedIn: www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2 See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty ⁠https://youtu.be/mtGq7WaVxLA ⁠ What’s in Store in 2024? Stock Markets, Property and Gold Watch full video on Money Tips Podcast YouTube Channel https://youtu.be/difmr0fp5-Q For a free gold, investment report, and Discovery Call, click here (https://pure-gold.co/charles-kelly) 7 Things To Make 2024 Your Best Year Ever - Watch video version at Charles Kelly Money Tips Podcast: https://youtu.be/8oZ30NHVAr8 Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. ⁠https://bit.ly/3QPp8IH⁠ #war #gaza #Israel #interestrates #inflation #oilprices #gold #silver #property #stockmarket #money #financialfreedom #inflation #section24
2/2/202415 minutes, 56 seconds
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The Ancient Allure of Gold and Silver: A Comparison with Crypto, Stocks, and Property Investments - Part 2

Why Invest in Gold and Silver Compared to Crypto, Stocks or Property – An in interview with Josh Saul, gold expert, discussing the merits of including precious metals in your portfolio. Click here https://pure-gold.co/charles-kelly for a free gold, investment report, and discovery call. In the ever-evolving landscape of investment opportunities, the age-old appeal of precious metals like gold and silver remains steadfast. Investors are often confronted with a myriad of choices, ranging from the digital allure of cryptocurrencies to the stability of stocks and the tangibility of real estate. In this comparison, we explore why investing in gold and silver continues to be a compelling option compared to the alternatives.Watch YouTube video: https://youtu.be/woBQBtavLUM Historical Stability:Gold and silver have stood the test of time as reliable stores of value. Throughout history, these precious metals have retained their purchasing power, acting as a hedge against inflation and economic uncertainties. Unlike cryptocurrencies, which can be highly volatile, and stocks, which are subject to market fluctuations, gold and silver have maintained a reputation for stability. Tangibility and Security:One of the key advantages of investing in physical gold and silver is the tangible nature of these assets. Unlike cryptocurrencies, which exist only in the digital realm, and stocks, which represent ownership but lack a physical presence, gold and silver can be held in hand. This tangibility not only provides a sense of security but also ensures that investors have a physical asset they can access irrespective of economic conditions. Diversification:While stocks and real estate have their merits, they can be vulnerable to economic downturns. Gold and silver, on the other hand, often move inversely to other asset classes, providing an effective means of diversification. A well-diversified portfolio that includes precious metals can potentially mitigate risks and enhance overall stability. Inherent Value:Gold and silver derive their value from their intrinsic properties rather than relying on the perceived value assigned by market sentiment, as is often the case with stocks and cryptocurrencies. The industrial uses of silver, for example, contribute to its value beyond its role as a precious metal. This intrinsic value can offer a certain level of reassurance to investors, especially during times of economic uncertainty. Inflation Hedge:Gold and silver have a long-established reputation as effective hedges against inflation. When fiat currencies lose value due to inflationary pressures, the purchasing power of gold and silver tends to rise. This characteristic makes them particularly attractive to investors seeking to protect their wealth from the eroding effects of inflation. While the investment landscape continues to evolve with the emergence of new opportunities such as cryptocurrencies, the enduring appeal of gold and silver remains undeniable. These precious metals offer stability, tangibility, diversification, inherent value, and a time-tested hedge against inflation. Investors looking for a reliable and proven store of value should consider the enduring allure of gold and silver as foundational elements of a well-rounded investment portfolio.For a free gold, investment report, and Discovery Call, click here.  https://pure-gold.co/charles-kelly  Where to find me:Money Tips website: https://moneytipsdaily.com/ YouTube Channel: https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg Money Tips Facebook Community: https://www.facebook.com/groups/No1businessopportunities LinkedIn: www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2 See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty ⁠https://youtu.be/mtGq7WaVxLA What’s in Store in 2024? Stock Markets, Property and GoldWatch full video on Money Tips Podcast YouTube Channel https://youtu.be/difmr0fp5-Q  For a free gold, investment report, and Discovery Call, click here (https://pure-gold.co/charles-kelly) 7 Things To Make 2024 Your Best Year Ever - Watch video version at Charles Kelly Money Tips Podcast: https://youtu.be/8oZ30NHVAr8 Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment.⁠https://bit.ly/3QPp8IH⁠ 
1/26/202458 minutes, 13 seconds
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The Ancient Allure of Gold and Silver: A Comparison with Crypto, Stocks, and Property Investments - Part 1

Why Invest in Gold and Silver Compared to Crypto, Stocks or Property – An in interview with Josh Saul, gold expert, discussing the merits of including precious metals in your portfolio. Click here https://pure-gold.co/charles-kelly for a free gold, investment report, and discovery call. In the ever-evolving landscape of investment opportunities, the age-old appeal of precious metals like gold and silver remains steadfast. Investors are often confronted with a myriad of choices, ranging from the digital allure of cryptocurrencies to the stability of stocks and the tangibility of real estate. In this comparison, we explore why investing in gold and silver continues to be a compelling option compared to the alternatives.Watch YouTube video: https://youtu.be/woBQBtavLUM Historical Stability:Gold and silver have stood the test of time as reliable stores of value. Throughout history, these precious metals have retained their purchasing power, acting as a hedge against inflation and economic uncertainties. Unlike cryptocurrencies, which can be highly volatile, and stocks, which are subject to market fluctuations, gold and silver have maintained a reputation for stability. Tangibility and Security:One of the key advantages of investing in physical gold and silver is the tangible nature of these assets. Unlike cryptocurrencies, which exist only in the digital realm, and stocks, which represent ownership but lack a physical presence, gold and silver can be held in hand. This tangibility not only provides a sense of security but also ensures that investors have a physical asset they can access irrespective of economic conditions. Diversification:While stocks and real estate have their merits, they can be vulnerable to economic downturns. Gold and silver, on the other hand, often move inversely to other asset classes, providing an effective means of diversification. A well-diversified portfolio that includes precious metals can potentially mitigate risks and enhance overall stability. Inherent Value:Gold and silver derive their value from their intrinsic properties rather than relying on the perceived value assigned by market sentiment, as is often the case with stocks and cryptocurrencies. The industrial uses of silver, for example, contribute to its value beyond its role as a precious metal. This intrinsic value can offer a certain level of reassurance to investors, especially during times of economic uncertainty. Inflation Hedge:Gold and silver have a long-established reputation as effective hedges against inflation. When fiat currencies lose value due to inflationary pressures, the purchasing power of gold and silver tends to rise. This characteristic makes them particularly attractive to investors seeking to protect their wealth from the eroding effects of inflation. While the investment landscape continues to evolve with the emergence of new opportunities such as cryptocurrencies, the enduring appeal of gold and silver remains undeniable. These precious metals offer stability, tangibility, diversification, inherent value, and a time-tested hedge against inflation. Investors looking for a reliable and proven store of value should consider the enduring allure of gold and silver as foundational elements of a well-rounded investment portfolio.For a free gold, investment report, and Discovery Call, click here.  https://pure-gold.co/charles-kelly  Where to find me:Money Tips website: https://moneytipsdaily.com/ YouTube Channel: https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg Money Tips Facebook Community: https://www.facebook.com/groups/No1businessopportunities LinkedIn: www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2 See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty ⁠https://youtu.be/mtGq7WaVxLA What’s in Store in 2024? Stock Markets, Property and GoldWatch full video on Money Tips Podcast YouTube Channel https://youtu.be/difmr0fp5-Q  For a free gold, investment report, and Discovery Call, click here (https://pure-gold.co/charles-kelly) 7 Things To Make 2024 Your Best Year Ever - Watch video version at Charles Kelly Money Tips Podcast: https://youtu.be/8oZ30NHVAr8 Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment.⁠https://bit.ly/3QPp8IH⁠ 
1/19/202442 minutes, 34 seconds
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Buying A House Is Not Difficult

Buying a house is not “that difficult” NatWest Chairman Sir Howard Davies claims! Buying a house in the UK is not “that difficult”, according to banker Sir Howard Davies, who is paid £763.000 a year by NatWest. His remarks in a BBC interview have caused outrage, especially among the ‘generation rent’ who are struggling to save for a deposit while rental prices reach record highs and the cost-of-living crises continues. Watch full video - https://youtu.be/acOsNvTnb2A This week, the average two-year fixed rate is 5.83%, while a five-year deal was 5.43%, according to Moneyfacts. He Halifax Mortgages say mortgage rates are easing and buyers' confidence could increase in the coming months. They added that house prices rose for the third month in a row to average £287,105 in December, but it forecast a fall this year with buyers perhaps becoming more cautious due to economic uncertainty. Their data shows annual rise of 1.7% in 2003 and 1.1% month-on-month rise in December. Halifax is the UK's biggest mortgage lender, but its own lending figures only take into account buyers with mortgages - about two-thirds of all sales - and do not include those who purchase homes with cash or buy-to-let deals. Figures from the Bank of England published on Thursday showed the number of mortgage approvals rose slightly in November. Many sellers have had their properties o the market for as long as two years and not sold despite dropping the asking price.  Earnings and cash saving are falling behind values of assets, such as stocks and shares, gold and silver and property prices rises. Inflation is eating away at your savings and cash. Chinese shadow bank files for $63 billion bankruptcy. Where to find me: Money Tips website: https://moneytipsdaily.com/ YouTube Channel: https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg Money Tips Facebook Community: https://www.facebook.com/groups/No1businessopportunities LinkedIn: www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2 See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty ⁠https://youtu.be/mtGq7WaVxLA ⁠ What’s in Store in 2024? Stock Markets, Property and Gold Watch full video on Money Tips Podcast YouTube Channel https://youtu.be/difmr0fp5-Q For a free gold, investment report, and Discovery Call, click here.  7 Things To Make 2024 Your Best Year Ever - Watch video version at Charles Kelly Money Tips Podcast: https://youtu.be/8oZ30NHVAr8 Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. ⁠https://bit.ly/3QPp8IH⁠ Wishing you a prosperous New Year.   #money #gold #silver #inflation #natwest #propertyprices #rent #generationrent #investing
1/12/202412 minutes, 58 seconds
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7 Things To Make 2024 Your Best Year Ever

Hey, everyone! Welcome back to the channel. As we step into a brand new year, it's the perfect time to set the stage for an amazing year ahead. Today, I've compiled seven powerful things you can do to make 2024 your best year ever. Watch video version at Charles Kelly Money Tips Podcast: https://youtu.be/8oZ30NHVAr8 Set Clear Goals: Start by defining your objectives for the year. Whether it's personal growth, career milestones, health targets, or financial aspirations, setting clear, achievable goals gives you direction and motivation. Create a Vision Board: Visualization is key to manifesting your dreams. Craft a vision board with images and affirmations that represent your goals. This visual reminder will keep you focused and inspired throughout the year. Practice Gratitude Daily: Cultivating gratitude shifts your mindset towards positivity. Make it a habit to jot down or reflect on things you're grateful for each day. It's a simple practice that can have a profound impact on your overall happiness. Embrace Learning and Growth: Commit to continuous learning. Whether it's acquiring new skills, reading books, taking courses, or seeking mentorship, investing in your personal growth will enrich your life and open up new opportunities. Prioritize Self-Care: Your well-being is non-negotiable. Schedule time for self-care activities that recharge you—whether it's meditation, exercise, hobbies, or spending quality time with loved ones. Taking care of yourself is crucial for a fulfilling year. Declutter and Simplify: Clear out physical clutter and simplify your life. A clutter-free space leads to a clutter-free mind. Let go of things that no longer serve you, organize your surroundings, and create a harmonious environment. Take Action and Stay Consistent: Dreaming is essential, but action is what turns dreams into reality. Break down your goals into smaller, actionable steps and stay consistent in your efforts. Progress, no matter how small, is still progress. Choosing just one among the seven things mentioned that could make the most significant difference depends on personal circumstances and the area in your life that requires the most attention or improvement. However, if I were to prioritize based on its potential impact across various aspects of life, focusing on "Prioritize Self-Care" would likely yield substantial benefits. Here's why: Prioritizing Self-Care encompasses various elements crucial for personal well-being, which has a ripple effect on other areas of life: Physical Health: Engaging in self-care activities like regular exercise, proper nutrition, and adequate rest can significantly improve physical health, leading to increased energy levels, better mood, and enhanced productivity. Mental Health: Taking time for self-care practices such as mindfulness, meditation, or engaging in hobbies helps in reducing stress, improving mental clarity, and fostering a positive mindset. Emotional Well-being: Self-care involves acknowledging and attending to emotional needs. It can include activities like journaling, seeking therapy, or spending quality time with loved ones, enhancing emotional resilience and fostering healthier relationships. Work-Life Balance: Prioritizing self-care encourages setting boundaries and allocating time for personal activities, which can lead to a better balance between work and personal life, reducing burnout and improving overall satisfaction. While all seven things are valuable, prioritizing self-care serves as a foundational pillar that can positively impact various aspects of life, making it a potent starting point for overall well-being and subsequent personal growth. Remember, this year is a blank canvas waiting for you to paint your masterpiece. Embrace every moment, stay resilient in the face of challenges, and celebrate your victories—big or small. Thank you for tuning in. Here's to making 2024 an extraordinary year filled with growth, joy, and success. Don't forget to like, subscribe, and share this video with someone who's ready to make the most out of the upcoming year. Until next time, take care and make every day count! Where to find me: Money Tips website YouTube Channel Money Tips Facebook Community LinkedIn For a free gold, investment report, and Discovery Call, click here.  Wishing you a prosperous New Year.   #money #gold #silver #inflation #BestYearEver #2024Goals #NewYearNewYou #GoalSetting #VisionBoard #SelfCareGoals #PersonalGrowth #PositiveMindset #GratitudeAttitude #ContinuousLearning #DeclutterYourLife #ActionForSuccess #MindfulnessJourney #WellnessWednesday #AchieveYourDreams
1/4/202411 minutes, 27 seconds
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Maximize Profits in 2024: How Lower Property Prices and Increased Rents Boost Buy-to-Let Appeal

New Property Opportunities Falling Property Prices And Higher Rents Make Buy-to-Let More Attractive In 2024 In recent years, the landscape for buy-to-let investors and property owners has posed significant challenges, marked by soaring interest rates and escalating energy expenses. The introduction of Section 24, elimination of wear and tear allowances, heightened stamp duty, and increased regulatory measures have collectively burdened buy-to-let investors, necessitating adaptation to a shifting and demanding market environment. Property prices peaked, then fell back as interest rate rose, and this year rents have gone through the roof as demand exceeds supply.  Rents have reached record highs in most parts of the UK, and of course landlords are getting the blame. But is it their fault? In their defence, landlords have had to pass on the costs that the government have imposed on them with legislation such as section 24. The policies of the treasury and central banks have caused economic chaos, higher interest, rates, higher energy costs, and a shortage of properties, none of which are the landlords fault.   But could 2024 be the turning point for property investors? Prices have fallen in some areas by as much as 20% while rents have doubled over the last few years, all of which is making buy to let investing look more attractive than it has done for three years.  In one area I’ve been looking at, three bed council house, which was selling for as much as £180,000, can now be picked up for £150,000 or less. At the same time, rents have increased in a few short years from £600 per month to £1200 per month. In other words, property prices have fallen by almost 20% while rents have doubled.   Even with mortgages at five or 6%, buy to let investing is starting to look more attractive. Furthermore, prices could fall again in 2024, as economy slows and 2 million people reach the end of a low fixed rate mortgage.   Institutions like Lloyds bank and Blackrock are already circling in the sky, waiting to pounce on cheap property. Mortgage arrears are up by 44% on a year ago to £18billion and the Bank of England has issued a lending warning. In the case of Lloyds bank, which is probably the largest lender in the UK, it seems like a bit of a conflict of interest to be both repossessing Properties, and buying them through another arm, although we don’t know if that is their intention.  Interest rates should start falling over the next five years as the economy goes into recession and inflation comes down to normal levels. This will make mortgages cheaper offering better profits for landlords. I think there will be a lot of opportunity in 2024 for the wise investor who is prepared to be patient and seek out good deals. If you’re affected by section 2024 and would like to know more about the background to this landlord tax and how best to deal with it, click here for more information.  See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty ⁠https://youtu.be/mtGq7WaVxLA ⁠ If you are suffering from section 24, join us for a free landlord Sec.24 tax seminar live in London this month. Prepare for what’s coming…. Unlocking The Secrets Of Financial Freedom - How To Master The Art Of Wealth Building In 3 Simple Steps I want to show you exactly how you can: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? Develop a millionaire mindset. To help you, I am running a free training webinar.   Unlocking The Secrets Of Financial Freedom - How To Master The Art Of Wealth Building In 3 Simple Steps I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. ⁠https://bit.ly/3QPp8IH⁠ #mindset #money #wealth #landlord #property #financialfreedom #stockmarket #invest #pensions #millionairemindset #georgeosbourne #sec24tax #transferpropertytolimitedcompany #propertyprices #mortgagearrears
12/22/202326 minutes, 15 seconds
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BUY CANDLES, Torches and Battery Powered Radios, Dep PM Warns UK

BUY CANDLES, Torches and Battery Powered Radios, Dep PM Warns UK Deputy Prime Minister, Oliver Dowden MP has issued a warning to British people to prepared for power cuts and cyber attacks by keeping a supply of candles, flashlights and battery powered radios. Announcing the formation of a ‘resilience academy’ he advised Brits  to prepare for communications blackouts and retain their ‘analogy capabilities’. In this ⁠video⁠ podcast (⁠https://youtu.be/cuoB1rA8Yhk⁠): Prepare for disaster, government warms What are ‘reverse ATM machines and why should you care? Two year fixed rates fall below 6% as mortgage rates ease Mobile phone companies overcharged 28 million customer Why you should not be jealous of wealthy billionaires See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty ⁠https://youtu.be/mtGq7WaVxLA⁠ If you are suffering from section 24, join us for a free landlord Sec.24 tax seminar live in London this month. Prepare for what’s coming…. Unlocking The Secrets Of Financial Freedom - How To Master The Art Of Wealth Building In 3 Simple Steps I want to show you exactly how you can: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? Develop a millionaire mindset. To help you, I am running a free training webinar.   Unlocking The Secrets Of Financial Freedom - How To Master The Art Of Wealth Building In 3 Simple Steps I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. ⁠https://bit.ly/3QPp8IH⁠ #mindset #money #wealth #landlord #property #financialfreedom #stockmarket #invest #pensions #millionairemindset #georgeosbourne #sec24tax #transferpropertytolimitedcompany #wealth #amazon #bezos
12/15/202314 minutes, 36 seconds
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GET PAID

STOP WORKING FOR FREE!  - Why Do Small Businesses Do Work For Nothing? Get paid for what you do in advance. Always agree terms and take part or full payment up front whenever possible. Are you using an accounting or invoicing system? Systemise – the difference between a small business and large concern. You are not a bank, so why are you offering credit? My experience Do you have unrecovered debts and if so do you need help getting paid? Are you in debt and unable to pay creditors? See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA If you are suffering from section 24, join us for a free landlord Sec.24 tax seminar live in London this month. Unlocking The Secrets Of Financial Freedom - How To Master The Art Of Wealth Building In 3 Simple Steps I want to show you exactly how you can: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? Develop a millionaire mindset. To help you, I am running a free training webinar.   Unlocking The Secrets Of Financial Freedom - How To Master The Art Of Wealth Building In 3 Simple Steps I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #mindset #money #wealth #landlord #property #financialfreedom #stockmarket #invest #pensions #millionairemindset #georgeosbourne #sec24tax #transferpropertytolimitedcompany #wealth  This show was brought to you by Progressive Media
12/8/202317 minutes, 21 seconds
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UK Fixed Mortgage Rates Drop Below 5% As Inflation Falls to 4.6%

Last chance to join my live 1-Day SMART MONEY WORKSHOP for just £17 for 2 places. Saturday 25 November 10-4pm - reserve your seat now - https://buy.stripe.com/00g01E92W4R8cfebII  Fixed mortgage interest rates have dipped below 5% after new figures show that inflation fell from 6.7% in September to 4.6%, less than half the 11.1% rate in October 20022. In his Autumn Statement, Chancellor Jeremy Hunt announced plans to increase state pensions by 8.5, benefits by 6.7%, unfreezing Local Housing Allowance and the National Living Wage from £10.42 to £11.44 an hour from April 2024 – whilst simultaneously cutting NI for the self-employed and business taxes. More planning reforms announced to speed up building and infrastructure projects. Mortgage Rates Fall – Interview with Mortgage Broker Miriam [email protected] YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT. See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA If you are suffering from section 24, join us for a free landlord Sec.24 tax seminar live in London this month. Unlocking The Secrets Of Financial Freedom - How To Master The Art Of Wealth Building In 3 Simple Steps I want to show you exactly how you can: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? Develop a millionaire mindset. To help you, I am running a free training webinar.   Unlocking The Secrets Of Financial Freedom - How To Master The Art Of Wealth Building In 3 Simple Steps I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment.https://bit.ly/3QPp8IH Last chance to join my live 1-Day SMART MONEY WORKSHOP for just £17 for 2 places. Saturday 25 November 10-4pm Places are limited to give attendees more individual attention - reserve your seat now - https://buy.stripe.com/00g01E92W4R8cfebII    #mindset #money #wealth #landlord #property #financialfreedom #stockmarket #invest #pensions #millionairemindset #georgeosbourne #sec24tax #transferpropertytolimitedcompany #wealthThis show was brought to you by Progressive Media
12/1/202313 minutes
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Rich Habits

These 12 Rich Habits Will Make You Wealthy, Guaranteed! Join me on my free webinar, three steps to financial freedom and successful money-management, Wednesday at 8 pm. Don’t miss it, click the link below. https://bit.ly/3QPp8IH Pay Yourself First Live on a Percentage of Income  Don’t Just Save, Invest! Start Investing Early Manage and Organise Your Money Budget Your Spending Know Your Numbers Avoid Bad Debt and Credit Use Good Debt and Leverage Develop The Right Money Mindset Educate Yourself About Business, Money and Finance Get Around The Right People – Avoid Toxic People Watch video on YouTube - https://youtu.be/dfFGPIiqKWA See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA If you are suffering from section 24, join us for a free landlord Sec.24 tax seminar live in London this month. Unlocking The Secrets Of Financial Freedom - How To Master The Art Of Wealth Building In 3 Simple Steps I want to show you exactly how you can: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? Develop a millionaire mindset. To help you, I am running a free training webinar.   Unlocking The Secrets Of  Financial Freedom - How To Master The Art Of Wealth Building In 3 Simple Steps I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment.https://bit.ly/3QPp8IH #mindset #money #wealth #landlord #property #financialfreedom #stockmarket #invest #pensions #millionairemindset #georgeosbourne #sec24tax #transferpropertytolimitedcompany #wealth #richabitsThis show was brought to you by Progressive Media
11/24/202320 minutes, 1 second
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Where Will You Be In 5 Years Time?

Where will you be in 5 years?Join me online on my free live money management training Wednesday at 8.00PM.  Register now https://bit.ly/3QPp8IH Have you even thought about it?What are your plans, goals or dreams?What actions are you taking towards getting where you want to be?Do you have a mentor?Who do you need to become to reach your goal?Will you have enough money to retire or quit the rat race? TIME TO GET SERIOUSThere are 24 hours in every day.   We all have something in common. We have the same amount of time and every day.Other things may be differ between us but will have the same 24 hours in every day. If you put in enough time and effort there’s no limit to what you can achieve. Question is, how much of that time do you waste?How much time do you spend thinking about getting started instead of taking action and starting?How much time do you waste scrolling through social media or watching television? TV GuideHow much time do you flush down the toilet playing video games, drinking and partying?In the time that people spend watching television for 4 to 5 hours a day, they could upgrade their financial or business skills and knowledge, learn a new language, get super fit and improve their health or even take a degree in 2 to 3 years.   Let’s say you wanted to write a book, “don’t have the time “.  Do you think you have a spare hour a day? Do you think if you are very busy you can't spare one hour a day? Course you can! Did you know that if you write for one hour a day and finish one page. If you did that for 365 days, you’d have 365 pages written.  That is equivalent to a book manuscript! If you use your time more effectively, and make time work for you instead of wasting it, there is no limit to what you could achieve your life.  A.I. Could replace 1 billion jobs in next 3 years Millions of lower paid and executive jobs could be replaced by machines within the next three years.  This will not only affect employment but will also reduce consumption as well as it in the income from the Ponzi like pension schemes.  Now is the time to become financially educated to protect yourself from the coming storms of AI and central bank digital currencies.  Now is the time to prepare yourself for one of the biggest changes in history.   Now is the time to act before it’s too late.   Join me on my free webinar, three steps to financial freedom and successful money-management, Wednesday at 8 pm. Don’t miss it, click the link below.  See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA How To Manage Your Spending And Develop A Millionaire Mindset I want to show you exactly how you can: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? Develop a millionaire mindset. To help you, I am running a free training webinar.   3 Steps To Success Money Management and Financial FREEDOM! I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #mindet #money #wealth #landlord #property #financialfreedom #stockmarket #invest #pensions #millionairemindset #georgeosbourne #sec24tax #transferpropertytolimitedcompanyThis show was brought to you by Progressive Media
11/17/202315 minutes, 22 seconds
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Do You Ever Wonder Why You Never Have Enough Money?

Do You Ever Wonder Why You Never Have Enough Money? Do you say: “I just don’t know where it all goes?” If you have answered “yes” to these questions you probably struggle with managing and investing your money. I want to help you Unlock Financial Freedom: Master the Art of Money Management in 3 Simple Steps Discover the keys to prosperous money management that won't compromise your quality of life. Register here - https://bit.ly/3QPp8IH In today's challenging economic landscape, where inflation, higher interest rates, and downturns prevail, there are always those who not only survive but thrive. What sets them apart? Bank of England hold rates at 5%...Find out why this affects all of us – even if you don’t have a mortgage. Watch YouTube Video Version - https://youtu.be/XQlNscx2Sgc Have you been hit by George Osborne’s Sec 24 Landlord TAX GRAB? See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA   How To Manage Your Spending And Develop A Millionaire MindsetI want to show you exactly how you can: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? Develop a millionaire mindset. To help you, I am running a free training webinar.   3 Steps To Success Money Management and Financial FREEDOM! I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #mindet #money #wealth #landlord #property #financialfreedom #stockmarket #invest #pensions #millionairemindset #georgeosbourne #sec24tax #transferpropertytolimitedcompanyThis show was brought to you by Progressive Media
11/10/202310 minutes, 29 seconds
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Why You Buy Brands

What Triggers Us To Buy Brands And Products?Is price always the deciding factor when we make a buying decision? Please like and share this article or podcast and check out my webinar: 3 Steps To Success Money Management and Financial FREEDOM!I want to help you get control of your money, learn how to invest, and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!  Join me online on my free live money management training Wednesday at 8.00PM - register now below to avoid disappointment. https://bit.ly/3QPp8IH Brand Loyalty Doesn’t Always PayPeople buy market-leading brands for a variety of reasons including comfort, peace of mind and safety and status.   However, brand leaders, such as Heinz beans or Coca Cola can sell their products for a substantial premium over similar generic equivalents. Watch YouTube Video - https://youtu.be/MnbR5AYXmYQ Tip – Avoid brand loyalty where possible and only buy favourite brands when on sale. Advertisers and supermarkets manipulate us to buy products which pay for the best positions and even height in the aisles. Tip – Always check the ‘price per kilo’ (not sticker price) when buying meat or fish. Poorer households in the West can spend up to 30% of their disposable income on food and essentials and as much a half their income in developing countries. Engel’s LawThe 19th Century German statistician, Ernst Engel, observed that the percentage of income allocated for food purchases decreases as a household's income rises, while the percentage spent on other things (such as education and recreation) increases. Right now, food inflation is hitting poor and middle-class families hard. Tip – Buy fresh produce, and cook, rather than prepackaged and processed food. Brand Value The brand value of tops brands, like Apple, Coca Cola Amazon and McDonalds are worth around $300. Legendary investor Warren Buffett buys companies which have a brand or competitive ‘moat’. Did you know that up to 85% of Berkshire Hathaway’s stock holding are in leading brands such as Apple, Bank or America, Coca Cola and American Express? Warren and his partner Charlie Munger pick winners and stay investing in them for years. Tip – Warren Buffett waits for the right time to buy stocks which are ‘on sale’. It’s coming…Prepare yourself for the coming downturn in the economy and stock market and property prices. Unlock Financial Freedom: Master the Art of Money Management in 3 Simple StepsDiscover the keys to prosperous money management that won't compromise your quality of life. Register here - https://bit.ly/3QPp8IH In today's challenging economic landscape, where inflation, higher interest rates, and downturns prevail, there are always those who not only survive but thrive. What sets them apart? See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA   How To Develop A Millionaire Mindset I want to show you exactly how you can: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? Develop a millionaire mindset. To help you, I am running a free training webinar.   3 Steps To Success Money Management and Financial FREEDOM!I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #mindet #money #wealth #landlord #property #financialfreedom #stockmarket #warrenbuffett #invest #pensions #millionairemindset #apple #amazon #macdonalds #engelslawThis show was brought to you by Progressive Media
11/3/20237 minutes, 46 seconds
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Mortgage & Property Update

Property prices decline Rents soar  Fixed rates fall Join me online on my free live money management training Wednesday at 8.00PM. Register now below https://bit.ly/3QPp8IH Watch full video - https://youtu.be/LboQYzyANnA  Your belief system and mindset can seriously affect your wealth and the quality of your life. The answer lies within you. Your internal economy and mindset have a more profound impact on your financial success than external events. Recent events have exposed that many lack the financial resilience to handle unexpected crises like job loss or mounting bills. But the good news is, you can take control. Learn how to master your money in just 28 days, paving the way to wealth and financial freedom without sacrificing your life's pleasures. In this free live online training, I will reveal: - The 3-Step Formula for Successful Money Management - Strategies to Transform Your Money Mindset - Techniques to Build Lasting Wealth Unlock Financial Freedom: Master the Art of Money Management in 3 Simple Steps Discover the keys to prosperous money management that won't compromise your quality of life. Register here - https://bit.ly/3QPp8IH In today's challenging economic landscape, where inflation, higher interest rates, and downturns prevail, there are always those who not only survive but thrive. What sets them apart? Watch full video on YouTube - https://youtu.be/lE2q5J-TcCM See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA Housing Market in DEEP Trouble: https://youtu.be/USGREwntT1I How To Develop A Millionaire Mindset I want to show you exactly how you can: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? Develop a millionaire mindset To help you, I am running a free training webinar.   3 Steps To Success Money Management and Financial FREEDOM! I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #mindet #money #wealth #landlord #property #financialfreedom #chasstashingThis show was brought to you by Progressive Media
10/26/202312 minutes, 29 seconds
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Metro Bank

Is Your Money Safe In The UK Metro Or Any Bank? It Depends… In this week’s Money Tips Podcast: Should you worry about Metro Bank’s finances, as they struggle to raise £600 million to maintain its ambitious expansion programme.  Property prices fall for sixth month in a row according the Halifax who say the slump will continue into 2024. Help to Buy Scheme sees return of ‘Negative Equity’. Watch full YouTube video -  https://youtu.be/hCLidk13PP4?si=fwM1e5xV6O6nR1vi   See also: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA Housing Market in DEEP Trouble: https://youtu.be/USGREwntT1I How To Develop A Millionaire Mindset I want to show you exactly how you can: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? Develop a millionaire mindset To help you, I am running a free training webinar.   3 Steps To Success Money Management and Financial FREEDOM! I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #mortgage #fixedratemortgage #landlord #property #metrobank #housepricesThis show was brought to you by Progressive Media
10/19/202322 minutes, 41 seconds
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Pension Triple Lock

What is the UK Pensions Triple Lock? What can you expect from a bankrupt state pension scheme when you retire? Unlock Financial Freedom: Master the Art of Money Management in 3 Simple Steps Discover the keys to prosperous money management that won't compromise your quality of life. Register here - https://bit.ly/3QPp8IH In today's challenging economic landscape, where inflation, higher interest rates, and downturns prevail, there are always those who not only survive but thrive. What sets them apart? The answer lies within you. Your internal economy and mindset have a more profound impact on your financial success than external events. Recent events have exposed that many lack the financial resilience to handle unexpected crises like job loss or mounting bills. But the good news is, you can take control. Learn how to master your money in just 28 days, paving the way to wealth and financial freedom without sacrificing your life's pleasures. In this free live online training, I will reveal: - The 3-Step Formula for Successful Money Management - Strategies to Transform Your Money Mindset - Techniques to Build Lasting Wealth See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA   Housing Market in DEEP Trouble: https://youtu.be/USGREwntT1I How To Develop A Millionaire Mindset I want to show you exactly how you can: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? Develop a millionaire mindset To help you, I am running a free training webinar.  3 Steps To Success Money Management and Financial FREEDOM! I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich! Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #mortgage #fixedratemortgage #landlord #property #renttorent  This show was brought to you by Progressive Media
10/12/20239 minutes, 22 seconds
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Opportunites for Landlords as Mortgage Interest Rates Fall

Fixed mortgage rates ease following Bank of England’s rate hold. Plus opportunities for landlords to increase rental returns. Unlock Financial Freedom: Master the Art of Money Management in 3 Simple Steps Discover the keys to prosperous money management that won't compromise your quality of life. Register here - https://bit.ly/3QPp8IH In today's challenging economic landscape, where inflation, higher interest rates, and downturns prevail, there are always those who not only survive but thrive. What sets them apart? The answer lies within you. Your internal economy and mindset have a more profound impact on your financial success than external events. Recent events have exposed that many lack the financial resilience to handle unexpected crises like job loss or mounting bills. But the good news is, you can take control. Learn how to master your money in just 28 days, paving the way to wealth and financial freedom without sacrificing your life's pleasures. In this free live online training, I will reveal: - The 3-Step Formula for Successful Money Management - Strategies to Transform Your Money Mindset - Techniques to Build Lasting Wealth See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA   Housing Market in DEEP Trouble: https://youtu.be/USGREwntT1I How To Develop A Millionaire Mindset I want to show you exactly how you can: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? Develop a millionaire mindset To help you, I am running a free training webinar.  3 Steps To Success Money Management and Financial FREEDOM! I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich! Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #mortgage #fixedratemortgage #landlord #property #renttorent      This show was brought to you by Progressive Media
10/5/202317 minutes, 16 seconds
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Turn Your Home Into Your Pension - Equity Release Mortgages Explained

You can turn your property into your pension, or provide a gift house deposit to your children with an Equity Release Mortgage. With Laurence Silver, independent equity release adviser.  Unlock Financial Freedom: Master the Art of Money Management in 3 Simple Steps **Join the training**: Register Now    If you need independent mortgage or equity release advice, email us to arrange a free consultation with Laurence Silver. Watch full interview - https://youtu.be/R7ujUB-7k9o Serviced Accommodation If you are a property owner or landlord looking to increase your rental returns whilst reducing the headache of section 21, and the looming renters reform act, contact me at [email protected] Unlock Financial Freedom: Master the Art of Money Management in 3 Simple Steps Discover the keys to prosperous money management that won't compromise your quality of life. **Join the training**: Register Now    https://us02web.zoom.us/meeting/register/tZUpc-mhpzgrG9xJNvCuCklVcOPpk82yMMKx In today's challenging economic landscape, where inflation, higher interest rates, and downturns prevail, there are always those who not only survive but thrive. What sets them apart? The answer lies within you. Your internal economy and mindset have a more profound impact on your financial success than external events. Recent events have exposed that many lack the financial resilience to handle unexpected events like job loss or mounting bills. But the good news is, you can take control. Learn how to master your money in just 28 days, paving the way to wealth and financial freedom without sacrificing your life's pleasures. In this free live online training, I will reveal: - The 3-Step Formula for Financial Freedom and Successful Money Management - Strategies to Transform Your Money Mindset - Techniques to Build Lasting Wealth About Charles Kelly: Speaker, Podcaster, Author, Property Investor, Digital Marketing, Former Immigration Adviser and International Recruiter and Business Consultant. Charles has been featured as an expert guest on prestigious platforms such as BBC News, Radio 5, and more. He is committed to helping individuals achieve financial freedom through education, effective money management, and the acquisition of valuable money-making skills. Don't miss this opportunity to take charge of your financial future. **Register now for this free online training**: Secure Your Spot  https://us02web.zoom.us/meeting/register/tZUpc-mhpzgrG9xJNvCuCklVcOPpk82yMMKx #propertymanagement #servicedaccommodation #lettingagents #section21 #rentalproperty #money #financialfreedom #moneymanagement #tenantrights #buy-to-letpropertyThis show was brought to you by Progressive Media
9/7/202325 minutes, 20 seconds
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Tenant Rights

New free legal advice for tenants to block section 21 evictions Good news for tenants, disaster for buy to let landlords.  Unlock Financial Freedom: Master the Art of Money Management in 3 Simple Steps Discover the keys to prosperous money management that won't compromise your quality of life. **Join the training**: Register Now    https://us02web.zoom.us/meeting/register/tZUpc-mhpzgrG9xJNvCuCklVcOPpk82yMMKx This comes as a new report states that 250,000 people are homeless because the council has run out of temporary accommodation.   Watch video version at Charles Kelly Money Tips Podcast: https://youtu.be/0yWoU7PbL7M Another report by the BBC, as many, as 2 million people are falling behind with their utility bills.  Which bills do you prioritise? Rightmove report that asking prices of houses are falling again. The financial Times reports that UK construction companies are becoming insolvent at the fastest rate in over 10 years. 4000 building companies have gone bust in a year as material prices, soar, and construction slows.   Serviced Accommodation vs Buy-to-Let Higher interest rates and increase in legislation has forced many landlords to consider switching to Serviced Accommodation, as opposed to the traditional buy to let standard AST tenants.  Serviced accommodation offers landlords the opportunity to increase their after-tax net returns, whilst avoiding many of the pitfalls linked to traditional buy to let, such as dealing with difficult tenants and the coming abolition of section 21 ‘no fault’ evictions. In the past, landlords have been deterred from Serviced Accommodation due to the additional work involved. Traditional, letting agencies have been reluctant, or are just not equipped, to manage a Serviced Accommodation property involving guest turnover, bookings, cleaning, linen and so on.  But now there is a solution.  A new breed of specialist agencies has sprung up to satisfy this growing market by managing Serviced Accommodation properties at scale.  Open House South Herts has teamed up with one such agency that is actively seeking properties in the following areas: Hertfordshire, Essex, Cambridge, as well as major metropolitan business areas in England.    They offer landlords a complete hand free full management service, taking care of bookings, changeover, cleaning and linen. Bookings come from a number of sources including corporate temporary lets and booking.com to ensure the 80% occupancy the company aims to achieve. Landlords benefit from higher net rents and hassle-free management. The management company offers agents a generous introduction fee without having to manage the property. Serviced Accommodation properties should be furnished and decorated to a high standard. The company will advise on the recommended specifications. Landlords will need to inform their mortgage lender and insurer and some boroughs may require planning consent. Whilst this may not work for every landlord, the is growing demand for this service. If you are a property owner or landlord looking to increase your rental returns whilst reducing the headache of section 21, and the looming renters reform act, contact me at [email protected] Unlock Financial Freedom: Master the Art of Money Management in 3 Simple Steps Discover the keys to prosperous money management that won't compromise your quality of life. **Join the training**: Register Now    https://us02web.zoom.us/meeting/register/tZUpc-mhpzgrG9xJNvCuCklVcOPpk82yMMKx In today's challenging economic landscape, where inflation, higher interest rates, and downturns prevail, there are always those who not only survive but thrive. What sets them apart? The answer lies within you. Your internal economy and mindset have a more profound impact on your financial success than external events. Recent events have exposed that many lack the financial resilience to handle unexpected crises like job loss or mounting bills. But the good news is, you can take control. Learn how to master your money in just 28 days, paving the way to wealth and financial freedom without sacrificing your life's pleasures. In this free live online training, I will reveal: - The 3-Step Formula for Successful Money Management - Strategies to Transform Your Money Mindset - Techniques to Build Lasting Wealth About Charles Kelly: Speaker, Podcaster, Author, Property Investor, Digital Marketing, Former Immigration Adviser and International Recruiter and Business Consultant. Charles has been featured as an expert guest on prestigious platforms such as BBC News, Radio 5, and more. He is committed to helping individuals achieve financial freedom through education, effective money management, and the acquisition of valuable money-making skills. Don't miss this opportunity to take charge of your financial future. **Register now for this free online training**: Secure Your Spot  https://us02web.zoom.us/meeting/register/tZUpc-mhpzgrG9xJNvCuCklVcOPpk82yMMKx #propertymanagement #servicedaccommodation #lettingagents #section21 #rentalproperty #money #financialfreedom #moneymanagement #tenantrights #buy-to-letproperty This show was brought to you by Progressive Media
8/31/202320 minutes, 12 seconds
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NEW THREAT To Landlords And Employers As Home Office Tripple Fines For Supporting Illegal Immigrants

Just when landlords thought they’d suffered enough red tape a new threat is looming. Join me online on my free live money management training Wednesday at 8.00PM.  Register now - https://bit.ly/3QPp8IHThe UK Home Secretary, Suella Braverman, announced this week that fines will be more than tripled for employers and landlords who allow illegal migrants to work for them or rent their properties.  Watch full YouTube video version - https://youtu.be/Uk-RbN5A6dI The civil or non-criminal penalty for employers, last raised in 2014, will be increased to up to £45,000 per illegal worker for a first breach from £15,000, and up to £60,000 for repeat breaches from £20,000. Fines will rise from £80 per lodger and £1,000 per occupier for a first breach to up to £5,000 per lodger and £10,000 per occupier.  Repeat offenders will face fines of £10,000 per lodger and £20,000 per occupier, up from £500 and £3,000 respectively.  The higher penalties, which require a lower burden of proof than a criminal prosecution, will be introduced in 2024. The Home Office will consult on options to strengthen action against licensed businesses who are employing illegal workers later this year. Almost 5,000 civil penalties have been issued to employers with a total value of £88.4m since 2018.  In the same period, buy-to-let landlords have been hit with over 320 civil penalties valued at £215,500. Minister for Immigration Robert Jenrick said that employers and landlords should already be checking the eligibility of anyone they employ or let a property to. There are a number of ways to do this, which are not changing, including via a manual check of original documentation and a Home Office online checking system. The online check takes only 5 minutes. Over 17,000 people have entered the UK illegally this year on small boats from France.  UK inflation fell to 6.8% (from 7.9) this week raising hopes that the Bank of England will hold interest rates at 5,25% - the highest for 15 years - next month. However, with core inflation unchanged at 6.9% interest rates could rise to 5.5% adding further pressure on the housing market and driving the UK further towards a recession. We are not out of the economic woods yet, so learning how to manage your money has never been so crucial. See also: Landlord - Serviced Accommodation V Buy-to-Let Property Rental And HMO’s - Exploring Alternative Buy-to-Let Strategies in the UK: Serviced Accommodation, Holiday Letting, and HMOs https://youtu.be/5uJcr7YoPso See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA If you would like more information and an assessment on letting your property hassle free, hands-off with FULL MANAGEMENT using the serviced accommodation model, email [email protected] with your property details and location.  Content for educational purposes only, not financial advice. Always speak to an independent financial or mortgage adviser. If you would like more information and an assessment on letting your property hassle free, hands-off with FULL MANAGEMENT using the serviced accommodation model, email [email protected] with your property details and location.  Content for educational purposes only, not financial advice. Always speak to an independent financial or mortgage adviser. 3 Steps To Success Money Management! I want to help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH  #illegalimmigration #illegalmigrants #interestrates #property #mortgages #remortgage #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth   #bankofengland #inflation #money #servicedaccommodation #holidaylet #HMOrental #holidatrental #airbnb #booking.com #buytoletlandlords #health #businessThis show was brought to you by Progressive Media
8/24/202315 minutes, 17 seconds
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Measure It

Do This And Everything Will Change For You This simple hack will Improve Everything in your life from relationships to health and wealth. Join me online on my free live money management training Wednesday at 8.00PM.  Register now - https://bit.ly/3QPp8IH  Peter Drucker said, if you cannot measure you cannot improve it. This not only applies to businesses management, but also life and money management. In this short video, we explore relationships, health and money management…Watch on YouTube https://youtu.be/v4sZB70MDhc See also: Landlord - Serviced Accommodation V Buy-to-Let Property Rental And HMO’s - Exploring Alternative Buy-to-Let Strategies in the UK: Serviced Accommodation, Holiday Letting, and HMOs https://youtu.be/5uJcr7YoPso See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA If you would like more information and an assessment on letting your property hassle free, hands-off with FULL MANAGEMENT using the serviced accommodation model, email [email protected] with your property details and location.  Content for educational purposes only, not financial advice. Always speak to an independent financial or mortgage adviser. 3 Steps To Success Money Management! I want to help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH    #peterdrucker #lifemanagement#interestrates #property #mortgages #remortgage #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth   #bankofengland #inflation #money #servicedaccommodation #holidaylet #HMOrental #holidatrental #airbnb #booking.com #buytoletlandlords #health #business    This show was brought to you by Progressive Media
8/17/202310 minutes, 12 seconds
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Annual House Price Fall Again

Houses fell at the fastest annual rate in 14 years, according to figures published by the Nationwide Building Society. Interview with Miriam Nawagamuwa CeMAP, Mortgage and Protection Advisor with Larkin Financial Services. The second largest UK mortgage lender say house prices fell by 3.8% in the year to July 2023, the sharpest drop since July 2009. Higher mortgage rates and the cost-of-living crisis are making “affordability a challenge”, the lender said. Watch video version - https://youtu.be/iIr0nGOGEdc - Charles Kelly Money Tips Podcast. A typical 5-year fixed rate mortgage was 6.37% this week, but as high as 6.85% for a 2 year deal. The Bank of England have followed the Fed and ECB by hiking interest rates for the fourteenth time by 0.25% to 5.25%, which will be another nail in the coffin for the housing market and borrowers. Average price of a home in the UK is now £260,000, £13,000 below a peak last August. The lender completed 85,000 transactions in June, down from 100,000 the previous year, which is a near 15% fall in business. If you need mortgage advice contact: Miriam Nawagamuwa CeMAP   Mortgage and Protection Advisor Larkin Financial Services Ltd 07539457777 / 02081333348 239 Mitcham Road, London, SW17 9JG [email protected]  See also: Landlord - Serviced Accommodation V Buy-to-Let Property Rental And HMO’s - Exploring Alternative Buy-to-Let Strategies in the UK: Serviced Accommodation, Holiday Letting, and HMOs https://youtu.be/5uJcr7YoPso See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA If you would like more information and an assessment on letting your property hassle free, hands-off with FULL MANAGEMENT using the serviced accommodation model, email [email protected] with your property details and location.  Content for educational purposes only, not financial advice. Always speak to an independent financial or mortgage adviser. 3 Steps To Success Money Management! I want to help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH    #interestrates #property #mortgages #remortgage #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth   #bankofengland #inflation #money #servicedaccommodation #holidaylet #HMOrental #holidatrental #airbnb #booking.com #buytoletlandlords This show was brought to you by Progressive Media
8/11/202319 minutes, 31 seconds
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War on Landlords

With the housing and rental crisis getting worse by the day, the UK government must cease its war on private landlords and restore the balance of power. Housing charities, such as Shelter and The Big Issue are calling on the government to end ‘no fault evictions’ and put a cap on rents, all of which is adding to landlord anxiety and causing thousands to quit the buy-to-let market. Almost 1 in 7 had their rent increased in the last month Of the 3.5 million private tenants who had their rent increased over 800,000 saw it rise by more than £100 a month, and nearly 200,000 by more than £300 a monthAlmost 2.5 million renters are either behind or constantly struggling to pay their rent 1 in 3 spend at least half their household income on rent Source: Shelter The government has introduced a raft of new ant-landlord legislation and red tape for private landlords including: Section 24 tax hike on rental businesses holding propertied in individual names Tenant Fee Act More tests such as electrical inspections and Legionella tests Renters Reform Bill, which will end Section 21 ‘no fault evictions’ and give tenants more rights Meanwhile, the crisis is leading to record rent highs and creating a massive shortage of properties. As predicted, the war on landlords is backfiring on the government and tenants and landlords are paying the price. The Bank of England’s hammer blow interest rate hikes (to stop the inflation they help create through money printing on an industrial scale) have added another nail ‘in the coffin’ to the buy-to-let property model. More pain to come for borrowers and mortgage holders as both the Fed and ECB raise interest rates by 0.25% this week, a record high for the European Central Bank.  Will the Bank of England follow at their upcoming meeting? Landlords are switching to other rental models, such as Serviced Accommodation, company lets and holiday rentals, in order to in many cases substantially increase rental returns, bypass Renters Reform legislation and Section 24 tax changes and help them survive higher interest rates. See also: Landlord - Serviced Accommodation V Buy-to-Let Property Rental And HMO’s - Exploring Alternative Buy-to-Let Strategies in the UK: Serviced Accommodation, Holiday Letting, and HMOs https://youtu.be/5uJcr7YoPso See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA If you would like more information and an assessment on letting your property hassle free, hands-off with FULL MANAGEMENT using the serviced accommodation model, email [email protected] with your property details and location.  3 Steps To Success Money Management! I want to help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH  #interestrates #property #mortgages #remortgage #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth   #bankofengland #inflation #money #servicedaccommodation #holidaylet #HMOrental #holidatrental #airbnb #booking.com #buytoletlandlordsThis show was brought to you by Progressive Media
8/3/202315 minutes, 16 seconds
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Commercial Mortgage Market Opportunities Beyond Buy-to-Let

Join me online on my free live money management training Wednesday at 8.00PM.  Register now below to avoid disappointment. https://bit.ly/3QPp8IH  Discussing commercial mortgages, buy-to-let, holiday lets and development finance with guest speaker, Paul Rogers - Commercial Finance Broker Commercial Finance Broker Synergy Commercial Finance Ltd [email protected] Watch full video version on YouTube channel - https://youtu.be/hPJ1iY3ySVA See also: Landlord - Serviced Accommodation V Buy-to-Let Property Rental And HMO’s - Exploring Alternative Buy-to-Let Strategies in the UK: Serviced Accommodation, Holiday Letting, and HMOs https://youtu.be/5uJcr7YoPso See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA If you would like more information and an assessment on letting your property hassle free, hands-off with FULL MANAGEMENT using the serviced accommodation model, email [email protected] with your property details and location.  3 Steps To Success Money Management! I want to help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH  #interestrates #property #mortgages #remortgage #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth   #bankofengland #inflation #money #servicedaccommodation #holidaylet #HMOrental #holidatrental #airbnb #booking.com This show was brought to you by Progressive Media
7/27/202331 minutes, 43 seconds
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Landlord - Serviced Accommodation V Buy-to-Let Property Rental And HMO’s

Investing in property has long been a popular avenue for generating income in the UK, but with mortgage rates hitting a 16 year high, the standard buy-to-let model does not stack up alongside borrowing. While standard buy-to-let properties have traditionally dominated the market, alternative strategies such as serviced accommodation, holiday letting, and houses in multiple occupation (HMO) are gaining traction as landlords look to increase returns to offset high borrowing costs and more red tape. Many experts are predicting a property market crash – see Housing Market in Deep Trouble https://youtu.be/USGREwntT1IIn this article, we will delve into the pros and cons of each strategy, as well as explore the associated risks and tax benefits for landlords under UK tax law.Watch video version - https://youtu.be/5uJcr7YoPso 1. Serviced Accommodation Serviced accommodation refers to the rental of fully furnished properties on a short-term basis, often targeted at business travellers, tourists, or corporate clients. Pros:- Higher rental yields: Compared to traditional buy-to-let, serviced accommodation can provide significantly higher rental yields due to premium rates charged for short-term stays.- Flexibility: Landlords have the option to use the property for personal use when it's not occupied, offering flexibility in terms of availability and usage.- Strong demand: Popular tourist destinations and major business centres tend to attract consistent demand for serviced accommodation. Cons:- Increased management requirements: Regular cleaning, maintenance, and managing guest turnover can be more time-consuming and require active involvement from landlords.- Seasonal demand fluctuations: Depending on location, occupancy rates may fluctuate seasonally, resulting in periods of high demand and low demand.- Regulatory considerations: Compliance with local regulations, licensing requirements, and health and safety standards can be more stringent for serviced accommodation. 2. Holiday Letting Holiday letting is similar to the above model and involves renting out a property for short-term vacations, typically in popular tourist destinations. Pros:- Attractive rental income: During peak vacation seasons, holiday lets can generate substantial rental income due to premium rates charged for short stays.- Personal use: Landlords can enjoy using the property for personal vacations during off-peak periods.- Tax advantages: Holiday letting can offer certain tax benefits, including the ability to claim capital allowances and potentially qualifying for certain reliefs. Cons:- Seasonality: Demand for holiday lets can be highly seasonal, leading to potential periods of low occupancy during off-peak seasons.- Management challenges: Similar to serviced accommodation, managing bookings, cleaning, and maintenance can be more labour-intensive.- Increased competition: Popular tourist destinations often have high competition among holiday let properties, requiring landlords to differentiate their offerings to attract guests. 3. Houses in Multiple Occupation (HMOs) HMOs are properties rented out to multiple unrelated tenants who share communal areas, such as kitchens and bathrooms. Pros:- Higher rental income potential: Renting out individual rooms within an HMO can generate higher rental yields compared to traditional buy-to-let properties.- Diverse tenant pool: HMOs can attract a range of tenants, including young professionals, students, and single individuals.- Demand stability: In areas with a high demand for affordable housing or near educational institutions, HMOs can provide consistent demand for rental properties. Cons:- Licensing and regulations: HMOs are subject to specific licensing requirements and regulations, which can vary between local authorities.- Management challenges: Managing multiple tenants, ensuring communal areas are maintained, and resolving disputes can be demanding for landlords.- Potentially higher costs: HMOs may require additional safety measures and compliance expenses, such as fire safety systems and regular inspections. Tax Considerations Landlords should be aware of the tax implications of each strategy. Depending on individual circumstances, there may be specific tax benefits, including allowable expenses and tax deductions. Seeking advice from a tax professional is essential to navigate the complex UK tax landscape. Conclusion Alternative buy-to-let strategies offer landlords in the UK diverse opportunities to maximize their rental income. Serviced accommodation, holiday letting, and HMOs each come with their own set of advantages and challenges. Understanding the risks, tax implications, and individual goals can help landlords make informed decisions when exploring these alternative strategies. With the right management, there is no doubt that serviced accommodation can increase net returns for landlords, as well as removing them from current housing legislation and the forthcoming tougher legislation proposed under the Renters Reform Bill.For more information on renters reform, see my YouTube video: ‘Trouble Ahead for Landlords’ https://youtu.be/_QpXWoYmG3UIf you would like more information and an assessment on letting your property hassle free, hands-off with FULL MANAGEMENT using the serviced accommodation model, email [email protected] with your property details and location. 3 Steps To Success Money Management!I want to help you get control of your money, learn how to invest and become financially free. Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment.https://bit.ly/3QPp8IH #interestrates #property #mortgages #remortgage #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth   #bankofengland #inflation #money #servicedaccommodation #holidaylet #HMOrental #holidatrental #airbnb #booking.com This show was brought to you by Progressive Media
7/20/202313 minutes, 1 second
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Banks Probed By Regulator On Low Savings Rates

Bank bosses have been probed by the UK's financial watchdog over complaints that interest rates on savings are too low and are not being passed on to savers. Higher interest rates have led banks to put up mortgage costs sharply, but savings rates are barely rising. Chancellor Jeremy Hunt has finally noticed that savers have been ripped off and says it is an "issue which needs solving", the BBC reports. This comes as millions of households are struggling with the soaring cost of living, higher mortgage rates and energy bills, which have also failed to come down following the fall in wholesale oil and gas prices since they peaked after the invasion of Ukraine. The heads of the worst culprits; Lloyds, HSBC, NatWest and Barclays banks have been summoned to a meeting by the Financial Conduct Authority (FCA) on Thursday. The so-called watchdog will question the banks on their poor savings rates and on how they communicate with customers, according to the Financial Times. HSBC said it had increased its savings rates "more than a dozen times since the beginning of last year, with every savings product seeing rates increased on multiple occasions during that time". NatWest has not passed on rates on many of its older accounts at all, leaving it to customers to switch to different accounts to achieve a decent rate on their savings.  The Bank of England has been increasing UK interest rates since December 2021 as it tries to bring down soaring price rises. Its base rate - which has a direct effect on mortgage and savings rates has risen from almost zero to 5% in the last 18 months. The Central Bank wants to make it more expensive for people to borrow and spend and encourage them to save – in the hope that we will all spend less so that inflation cools. Average mortgage rates have soared above 6%, while returns on savings and current accounts have risen by a much smaller amount, in some case not at all. The average rate for a two-year mortgage deal hit 6.47%, while the average easy access savings rate was 2.45%, a gap of 4.02 percentage points. The average one-year fixed savings rate was 4.8%. Low returns on savings combined with high inflation is eating away at people’s savings. This follows over a decade of derisory returns. The banks have been offering poor savings rates since the 2008 financial crisis. Since then, it has been more profitable to borrow money and buy assets such as property, hence the housing bubble and unaffordable homes for first-time buyers.  The big four High Street banks have a monopoly on banking, lending and savings, although challenger banks are making headway. Many older people are not used to internet banking at a time when the four main banks are closing hundreds of high street branches leaving customers isolated. Even if the banks increase savings rates, money held in a bank account will not give you a ‘real’ rate of return above inflation. If you want your money to grow so you can build wealth and become financially free you need to invest it into real assets, such as property or the stock market. This can be done using low-cost tracker funds, unit trusts, mutual funds and pension funds. Average returns in a tracker fund invested in the US S&P 500 index are around 10% per annum, and you can start saving as little as £50 per month into most funds. See also: Housing Market in DEEP Trouble: https://youtu.be/USGREwntT1IIf you would like to learn more about how to become financially free and develop a millionaire mindset I am running a free training webinar.   3 Steps To Success Money Management and Financial FREEDOM!I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich! Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment.https://bit.ly/3QPp8IHThis show was brought to you by Progressive Media
7/13/202311 minutes, 4 seconds
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Best Mortgage Deals and Rates Following Base Rate Hike

Following the Bank of England’s 13th base rate hike to 5%, we look at the current mortgage deals on offer for fixed rates, discounts, trackers and buy-to-let.Also in this Money Tips Podcast episode: Transferring buy-to-let property to a limited company without paying CGT and Stamp Duty Improving your returns using holiday lets or serviced accommodation (SA) Getting around George Osbourne’s Section 24 tax grab on buy-to-ley landlords See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA See also: Housing Market in DEEP Trouble: https://youtu.be/USGREwntT1IInterest Rates Will Rise, Property Prices Will Fall And Opportunities Will Open Up:https://www.youtube.com/watch?v=ziTf2jOagB8&t=179s How To Develop A Millionaire MindsetI want to show you exactly how you can: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? Develop a millionaire mindset To help you, I am running a free training webinar.  3 Steps To Success Money Management and Financial FREEDOM!I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich! Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment.https://bit.ly/3QPp8IH #interestrates #property #mortgages #remortgage #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth   #bankofengland #inflation #money  #housingmarket #propertycrash #section24 #GeorgeOsbourne #taxrise #millionaire #millionairemindset #andrewbailey #blackwednesday #georgesoros #andrewtateThis show was brought to you by Progressive Media
7/6/202327 minutes, 32 seconds
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Housing Market in Trouble - Interest Rates Rising, Buy-to-Let Properties No Longer Viable

The housing market is heading for serious trouble in the UK, US and many other countries as the worldwide economy slows. I think house prices will continue to fall, especially with higher interest rates on the way. More bad news to come - FT reported rising Bond yields today and food prices are set to rise again following the destruction of the dam on Ukraine which has flooded and destroyed wheat fields.   Buy to lets deals just don’t add up anymore with higher rates. I’ve been offered properties which have great yields and would’ve looked amazing with lower interest rates. But when you look at the deal in light of 5% or 6% interest rates on an interest only mortgage the rent barely covers the payments.  I’m also hearing from landlords who are selling because they are higher rate taxpayers.  Higher interest rates, together with George Osborne is helpful tax changes have made their existing buy to let property unviable. This show was brought to you by Progressive Media
6/22/202317 minutes, 4 seconds
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Mortgage Update On Interest Rates, Adverse Credit And Apartment Blocks With Cladding

Join me online on my free live money management training Wednesday at 8.00PM. Click link to register - https://bit.ly/3QPp8IH Interview with mortgage broker Mitesh Manek. linkedin.com/in/mitesh-manek-30970232 Watch full videos - https://youtu.be/yviUSBde_L4 https://youtu.be/dcvfdS5ugao See also:  Watch More Mortgage Misery For Property Buyers As Bank Raise Rates Again:  https://youtu.be/BNe5eV37iiM Interest Rates Will Rise, Property Prices Will Fall And Opportunities Will Open Up:  https://www.youtube.com/watch?v=ziTf2jOagB8&t=179s What is your biggest money worry? I want to show you how you can: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.   3 Steps To Success Money Management! I want to help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #interestrates #property #mortgages #remortgage #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth  #bankofengland #inflation #money #claddingThis show was brought to you by Progressive Media
6/15/202333 minutes, 44 seconds
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Master Your Money in 28 Days - Part 5 - Income And Expenditure

Part 5 of the 5-day challenge to learn how to get control of your finances and spending in 28 days, and become financially free. Get Started Today - https://bit.ly/3KY9CJA #money #moneymanagement #financialfreedom #savemoney #spending #finance #REVIEWFINANCESSee omnystudio.com/listener for privacy information.
6/8/20235 minutes, 13 seconds
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Master Your Money in 28 Days - Part 4 - Review

Part 4 of the 5-day challenge to learn how to get control of your finances and spending in 28 days, and become financially free. Get Started Today - https://bit.ly/3KY9CJA #money #moneymanagement #financialfreedom #savemoney #spending #finance #REVIEWFINANCESSee omnystudio.com/listener for privacy information.
6/7/20235 minutes, 47 seconds
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Master Your Money in 28 Days - Part 3

Part 3 of the 5-day challenge to learn how to get control of your finances and spending in 28 days. Learn more - https://youtu.be/uAREkaOI4e4 #money #moneymanagement #financialfreedom #savemoney #spendingSee omnystudio.com/listener for privacy information.
6/6/20236 minutes, 40 seconds
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Master Your Money in 28 Days - Part 2 - Manage Your Money

Part 2 of the 5-day challenge…Learn how to get control of your finances and spending in 28 days. Learn more - https://youtu.be/uAREkaOI4e4 #money #moneymanagement #financialfreedom #savemoney #spendingSee omnystudio.com/listener for privacy information.
6/5/20236 minutes, 38 seconds
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Master Your Money in 28 Days - Part One - Spending Control

Part 1 of the 5-day challenge to learn how to get control of your finances and spending in 28 days. Learn more - https://youtu.be/uAREkaOI4e4 #money #moneymanagement #financialfreedom #savemoney #spendingSee omnystudio.com/listener for privacy information.
6/4/20234 minutes, 16 seconds
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UK Renters Reform Bill Published – More Rights For Tenants, Less Power For Landlords

The UK rental market is set to undergo a significant transformation with the recent publication of the Renters Reform Bill. This proposed legislation aims to strengthen the rights of tenants while limiting the power wielded by landlords. With the increasing demand for affordable and secure housing, the bill seeks to create a fairer and more balanced rental sector.  Let's summarise some of the key provisions outlined in the bill that will impact both tenants and landlords: Section 21 ‘no fault’ evictions to be abolished. The end of section 21 “no fault” evictions, meaning a landlord will only be ‘allowed’ to evict a tenant if they have a “reason”, e.g. antisocial behaviour, unpaid rent, or a need to sell the property A new ombudsman to resolve disputes between tenants and landlords A new property portal that landlords MUST register with, allowing tenants to view information about their landlord before signing a tenancy agreement Tenants to be given the legal right to request a pet, such as a dog or cat, in “their” home A new Decent Homes Standard that will set minimum standards for the quality of housing Blanket ban on benefit tenants to be abolished. Will be illegal for landlords and agents to have blanket bans on renting to tenants in receipt of state benefits.  The Bill will become law after passing through the commons and House of Lords where it will be debated and scrutinised by MP’s and Lords. The opposition Labour Party largely support the tougher legislation and the also government has majority in parliament. See also:  Interest Rates Will Rise, Property Prices Will Fall And Opportunities Will Open Up  Misery For Mortgage Holders As UK Interest Rates Rise AGAIN - https://youtu.be/BNe5eV37iiM What is your biggest money worry? I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.   3 Steps To Success Money Management! I want to help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #interestrates #property #mortgages #remortgage #firsttimebuyer #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealthSee omnystudio.com/listener for privacy information.
6/1/202312 minutes, 17 seconds
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Gold Interest US ECB Rates Rise

This week the price of gold reached an all time high of $2081, amid US bank failures and quarter percent interest rate hikes from the Federal Reserve and ECB. Join me online on my free live money management training. Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH Investors sought safety as another US bank faces collapse following the rescues of First Republic Bank by JP Morgan. Shares in California-based PacWest bank tumbled by 50% and Western Alliance also plunged by almost 40%, as depositors lost confidence.  Watch video version - https://youtu.be/Glb75nkR0rw Shares in several US regional banks have plummeted causing the collapse of Silicon Valley Bank, while the regulators appeared to limit support to the major banks. This has caused a mass transfer of depositor funds to the safety of a big banks putting the whole regional bank system at risk. The Bank of England is expected to follow the Fed and ECB and raise UK base rates this month pouring more misery on borrower and driving the economy into official recession. See: Interest Rates Will Rise, Property Prices Will Fall And Opportunities Will Open Up - https://www.youtube.com/watch?v=ziTf2jOagB8&t=179s Is gold a safe investment? Will property prices fall? What is your biggest money worry? We are living in challenging economic times. I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.   3 Steps To Success Money Management! I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #interestrates #property #mortgages #remortgage #firsttimebuyer #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth #blackstoneSee omnystudio.com/listener for privacy information.
5/25/202318 minutes, 57 seconds
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More Mortgage Misery For Property Buyers As Bank Raise Rates Again

Bank of England follow Fed and ECB with twelfth successive interest rate rise by 0.25% to 4.5%. Mortgage rates are of much higher than the base rate with some borrowers seeing their payments double after their fixed-rate deals have expired. Average inflation recently jumped back over 10%, but mortgage costs, rent, food and energy costs have risen by far more. The Banks’ governor Andrew Bailey expects inflation to start going down this year as wholesale energy costs filter through to consumers. Will property prices keep falling? Should you get out of stocks? Official inflation rate stands at 10.1% - five times the target rate. Food inflation is 19% according to official figures. Watch full video - https://youtu.be/BNe5eV37iiM See also:  Interest Rates Will Rise, Property Prices Will Fall And Opportunities Will Open Up  What is your biggest money worry? I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.   3 Steps To Success Money Management! I want to help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #interestrates #property #mortgages #remortgage #firsttimebuyer #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth   #bankofengland #inflation #money #FED #ECB See omnystudio.com/listener for privacy information.
5/18/202311 minutes, 42 seconds
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Gold Price Reaches Record High Amid Bank Failures And US, ECB Rate Hike

This week the price of gold reached an all time high of $2081, amid US bank failures and quarter percent interest rate hikes from the Federal Reserve and ECB. Join me online on my free live money management training. Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH Investors sought safety as another US bank faces collapse following the rescues of First Republic Bank by JP Morgan. Shares in California-based PacWest bank tumbled by 50% and Western Alliance also plunged by almost 40%, as depositors lost confidence.  Shares in several US regional banks have plummeted causing the collapse of Silicon Valley Bank, while the regulators appeared to limit support to the major banks. This has caused a mass transfer of depositor funds to the safety of a big banks putting the whole regional bank system at risk. The Bank of England is expected to follow the Fed and ECB and raise UK base rates this month pouring more misery on borrower and driving the economy into official recession. See: Interest Rates Will Rise, Property Prices Will Fall And Opportunities Will Open Up - https://www.youtube.com/watch?v=ziTf2jOagB8&t=179s Is gold a safe investment? Will property prices fall? What is your biggest money worry? Watch video version https://youtu.be/ziTf2jOagB8 We are living in challenging economic times. I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.   3 Steps To Success Money Management! I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #interestrates #property #mortgages #remortgage #firsttimebuyer #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth #blackstone #bankofengland #fed #money #gold #goldprice See omnystudio.com/listener for privacy information.
5/11/202319 minutes, 11 seconds
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Interest Rates Will Rise, Property Prices Will Fall And Opportunities Will Open Up

The Bank of England (BoE) and Federal Reserve have hinted that further rate rises are on the cards in order to tame rising inflation. Join me online on my free live money management training. Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH Today’s Podcast Summary Wholesale market rates point to a rate rise.  Inflation in the UK is currently 10.1%. The BoE inflation target rate is 2%! What do you think the BoE are going to do? This will officially put the economy into recession, cause property prices to fall and more homeowners lose their houses through repossession. Do they care? RICS report predicts a fall in property prices of around 5%. Opportunities for first time buyers and property investors as prices fall. Blackstone have just raised $30 billion to buy property. What is your biggest money worry? Watch video version https://youtu.be/ziTf2jOagB8 We are living in challenging economic times. I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.   3 Steps To Success Money Management! I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #interestrates #property #mortgages #remortgage #firsttimebuyer #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth #blackstone #bankofengland #fed #rich #moneySee omnystudio.com/listener for privacy information.
5/5/202318 minutes, 23 seconds
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7 Ways To Retire Financially Free, As 90% UK Workers Are Underfunding Their Retirement Pensions, IFS Reports

The Institute for Fiscal Studies (IFS) is planning a comprehensive pensions review following research which highlighted concerns about the "substantial risks" facing future generations of pensioners.  Watch video - https://youtu.be/_7_cd2UWUEg Summary The Institute for Fiscal Studies (IFS) has announced plans for a comprehensive pensions review. The multi-year review will examine the effects of changing economic conditions and public policies on the future of financial security in retirement, including how these effects differ by gender, ethnicity and across the UK. The review will also consider the impact of changing demographics and longevity trends, as well as the impact on self-employed workers. Reports will be shared over the next two years, with concrete recommendations and options for reform to be presented in Summer 2025. IFS research revealed that 60% of middle-earning private sector employees who are contributing to a pension are saving less than 8% of their earnings. Additionally, nearly 90% are saving less than the 15% of earnings previously recommended by Lord Turner’s Pensions Commission. The review will also consider the risk facing future generations of pensioners and the risk that too many are saving too little for retirement. The Pensions Regulator welcomed the plans for the review and will support the development of industry-led solutions to help ensure people have financial security in retirement. Here are seven ways to retire financially free: Start Saving Early: The earlier you start saving for retirement, the more time your money has to grow. You can use tax-advantaged retirement accounts/plans to maximize your savings potential. Live Below Your Means: Live a modest lifestyle and avoid overspending on unnecessary items. Create a budget and stick to it, and consider downsizing or relocating to a lower cost of living area. Invest Wisely: Invest your money wisely in a diversified portfolio of stocks, bonds, and other assets. Consider consulting with a financial advisor to help you create an investment strategy that aligns with your risk tolerance and goals. Maximize Your Income: Consider ways to increase your income, such as taking on a side job or starting a small business. Maximize your earning potential by developing new skills, pursuing advanced education, or seeking a higher-paying job. Pay Off Debt: Avoid carrying high-interest debt, such as credit card debt, into retirement. Pay off your debts as soon as possible to reduce your financial obligations and free up money for savings. Plan for Healthcare Costs: Healthcare costs can be a significant expense in retirement. Consider purchasing long-term care insurance or a supplemental health insurance policy to help cover these costs. Have a Retirement Plan: Develop a retirement plan that takes into account your goals, income, and savings. Monitor your plan regularly and make adjustments as needed to ensure that you stay on track to meet your retirement goals.   Millions of people have lost faith in the complex and muddled pensions system, preferring to do their own thing by investing in things like buy-to-let property, business or trading directly on the stock market. Whilst this can work for some, ignoring the many benefits of pension investing, such as tax relief, carries risk. Need help with your money? We are living in challenging economic times. I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.   3 Steps To Success Money Management! I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #interestrates #property #mortgages #remortgage #firsttimebuyer #mortgagerates #homebuyers  #housepricefall #finance #moneytraining #moneymanagement #wealth #money #buytolet #rentalproperty #pensions #IFSpensionreview #maxwell #definedcontributionpensionSee omnystudio.com/listener for privacy information.
4/27/202316 minutes, 35 seconds
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London Rents Jump By 20% As Mayor Khan Calls For Rent Controls

Residential rents in the capital soar by almost 20% as workers return to the city.     London Mayor Khan wants the government to give him powers to impose a cap on rents, but is that the answer or will more regulation exacerbate the shortage of available rental properties?   Tens of thousands of landlords are quitting the market and estate agents Knight Frank estimated that 144,000 landlords have retired in the last year.    See 85,000 UK Landlords have quit the rental market - https://youtu.be/NME3nEu8dAQ  Furthermore, higher interest rates and mortgage restrictions have rendered many buy-to-let property deals unviable.    Buy-to-let landlords have had to contend with higher taxes, and more red tape in the last few years, prompting many to look for alternative business opportunities.    There are signs that the government may be getting the message.   According to as yet unsubstantiated rumours, the government may be pushing back its planned introduction of tighter EPC requirements.    However, the abolition of Sec 21 no fault evictions looks like it is going ahead, despite the fact that there is no workable replacement.     With a pending recession and higher interest rates, house prices have slumped by more than 4% from that peak, according to March's figures from the Nationwide Building Society. Prices have fallen for five consecutive months as the Bank of England struggles to control inflation. Does this mean there will be a 2008-style crash? Much depends on government moves to balance the economy, as no Prime Minister wants to face a general election during a property crash. If you would like to know more about property, money, management and wealth building tips, I’m running a free webinar this week on Wednesday evening at 8 pm.    Need help with your money, finances or debt? We are living in challenging economic times. I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.   3 Steps To Success Money Management! I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live money management training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #interestrates #property #mortgages #remortgage #firsttimebuyer #mortgagerates #homebuyers  #housepricefall #finance #moneytraining #moneymanagement #wealth #money #EPC #buytolet #rentalproperty #Section21See omnystudio.com/listener for privacy information.
4/20/202311 minutes, 44 seconds
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The Last Day of ‘Help to Buy’ and Higher Mortgage Rates: What You Need to Know As House Prices Fall Again

Last week, the Bank of England announced an interest rate hike of 0.25%, which will have a significant impact on the UK property market. The change will impact mortgages, remortgages, and first-time buyers, and it comes just in time for the last day of the Help to Buy scheme. Join me online on my free live training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH Money Tips Podcast guest, Miriam Nawagamuwa CeMAP, Mortgage and Protection Advisor with Larkin Financial Services Ltd gives her expert views on the mortgage market. Fixed-rate mortgages will remain unaffected by the interest rate hike, which is good news for those who have locked in their mortgage rates for a fixed period. However, for those who are looking to remortgage, this could mean an increase in monthly payments. Watch YouTube Video Podcast Version: https://youtu.be/iRrL3GRY3-8 The Bank of England's interest rate hike is a response to rising inflation, which has been fuelled by increasing energy costs and supply chain disruptions caused by the pandemic. The aim is to curb inflation and stabilize the economy, but the move could also affect property prices. The Nationwide just announced the largest fall in house prices since 2009 and said that prices were down 3.1% on March 2022. Higher interest rates mean that mortgages will become more expensive, which could lead to a decrease in demand for properties. This could result in a slowdown in the property market, as potential buyers may become more cautious about making big financial decisions. The end of the Help to Buy scheme is also significant for first-time buyers. The scheme has helped many people get onto the property ladder by offering government-backed equity loans. From the 1st of April 2023, the scheme will come to an end, which means that first-time buyers may find it harder to get on the property ladder. One alternative option for first-time buyers is the Lifetime ISA, which is a tax-free savings account that can be used to buy a first home or used after age 60 for retirement. The account allows savers to put away up to £4,000 per year, and the government will top up the account with a 25% bonus - £1,000. In summary, the Bank of England's interest rate hike will impact the UK property market in several ways. Fixed-rate mortgages will remain unaffected, but remortgages, tracker and variable rate mortgages, as well as first-time buyers will be hit.  The end of the Help to Buy scheme could also make it harder for first-time buyers to get onto the property ladder. As always, it's essential to seek professional advice before making any financial decisions in the current climate. Need more help with your money, finances or debt? We are living in challenging economic times. I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.   3 Steps To Success Money Management! I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #interestrates #property #mortgages #fixedratemortgage #remortgage #firsttimebuyer #helptobuy #mortgagerates #homebuyers #LifetimeISA #variableratemortgage #trackerratemortgageSee omnystudio.com/listener for privacy information.
4/13/20238 minutes, 4 seconds
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Interest Rates Rise AGAIN: How the Fed and BoE's 0.25% Hike Will Impact Your Mortgage and a Slowing Property Market

This week, both the Federal Reserve in the United States and the Bank of England have announced a 0.25% interest rate hike. This move comes in response to rising inflation and a strengthening economy. While interest rate hikes may be good news for savers, they can also have a significant impact on the mortgage and property market. One of the most immediate impacts of the interest rate hike will be on fixed-rate mortgages. These mortgages are often preferred by buyers because they provide a predictable monthly payment over the life of the loan. However, when interest rates rise, the cost of borrowing increases, which means that fixed-rate mortgages will become more expensive. This may make it more difficult for some buyers to qualify for a mortgage, or force them to adjust their budget to afford a higher monthly payment. The interest rate hike could also impact the demand for homes. As the cost of borrowing increases, some buyers may decide to hold off on purchasing a home or look for a less expensive property. This could lead to a slowdown in the housing market, which could ultimately impact property values. In addition, rising interest rates can also impact the rental market. As the cost of borrowing increases, landlords may have to raise their rents to cover their increased expenses. This could make it more difficult for renters to find affordable housing. On the other hand, rising interest rates could be good news for savers. As banks and other financial institutions increase their interest rates, savers may be able to earn a higher return on their savings. This could encourage more people to save, which could ultimately help to strengthen the economy. Inflation is another factor to consider when thinking about the impact of interest rate hikes. As the cost of borrowing increases, so too does the cost of goods and services. This can lead to higher inflation, which can ultimately impact the economy. However, by raising interest rates, the Federal Reserve and the Bank of England are trying to keep inflation in check and prevent it from spiralling out of control. In conclusion, the interest rate hikes announced by the Federal Reserve and the Bank of England this week are likely to have a significant impact on the mortgage and property market. While fixed-rate mortgages will become more expensive, savers may be able to earn a higher return on their savings. The demand for homes may also slow down, which could impact property values and the rental market. As always, it is important to monitor the situation and adjust your financial plan accordingly. Need more help with your money, finances or debt? We are living in challenging economic times. I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.   3 Steps To Success Money Management! I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #money #savings #invest #costoflivingcrisis #inflation #freetraining #recession #economy #financialfreedom #moneymanagement #moneymakingideasSee omnystudio.com/listener for privacy information.
4/6/20239 minutes, 45 seconds
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Banking Crisis And UK 2023 Budget Summary, What You Need To Know

Another bank bailed out while Paris burns. 3 Steps To Success Money Management! Join me online on my free live training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH As expected, Jeremy Hunt’s first budget did little to excite investors and the property industry. Watch YouTube video - https://youtu.be/igKUWeiF4W4 With the country still recovering from the events of the last two years and massive Government debt there was not much money to give away in this budget. Chancellors usually save that for a pre-election budget! Jeremy Hunt highlighted concerns about the banking sector, following the collapse of America’s Silicon Valley Bank, Signature Bank and a further bailout by the US banks, but reassured us that the UK banking industry is safe. European Central Bank supervisors see no contagion for euro zone banks from recent sector turmoil, a source said on Friday, after U.S. lenders threw First Republic Bank a $30 billion lifeline and tapped record amounts from the Federal Reserve. Large U.S. banks on Thursday were forced to rescue the San Francisco-based lender, which was caught up in market volatility triggered by the collapse of two other mid-size U.S. banks. This week, Credit Suisse went ‘cap in hand’ to the central for an emergency bank loan of up to $54 billion to shore up its liquidity – banking terms for having no money! The National Residential Landlords Association described it as a missed opportunity to tackle the supply crisis in the private rented sector and the Royal Institution of Chartered Surveyors (RICS) said it was disappointed by the lack of housing ambition in the budget. However, the Chancellor did announce 12 new Investment Zones across the UK and relaxed Immigration Rules to help the construction industry cope with staff shortages. Most of us will be paying more tax  in the coming years due to the ‘fiscal drag’ caused by tax allowances not rising in line with inflation each year. Here’s a summary of the main points, but you can read the full budget speech at the commons library - https://commonslibrary.parliament.uk/research-briefings/cbp-9748/ Budget main points Energy cap limiting typical household energy bills to £2,500 a year extended to June  £200m to bring energy charges for prepayment meters into line with prices for customers paying by direct debit - affects 4m households Lifetime Allowance – the cap on amount workers can accumulate in pensions savings over their lifetime before having to pay extra tax (currently £1.07m) to be abolished Tax-free yearly allowance for pension pot to rise from £40,000 to £60,000  The 5p cut to fuel duty on petrol and diesel, due to end in April, kept for another year Office for Budget Responsibility (OBR) predicts the UK will avoid recession in 2023, but the economy will shrink by 0.2%? Economy shrinking but not in recession! Growth of 1.8% predicted for next year, with 2.5% in 2025 and 2.1% in 2026 UK's inflation rate predicted to fall to 2.9% by the end of this year, down from 10.7% in the last three months of 2022 Underlying debt forecast to be 92.4% of GDP this year, rising to 93.7% in 2024 Corporation tax, paid by businesses on taxable profits over £250,000, confirmed to increase from 19% to 25% making the UK a less competitive place to invest Companies with profits between £50,000 and £250,000 to pay between 19% and 25% Companies able to deduct investment in new machinery and technology to lower their taxable profits Tax breaks and other benefits for 12 new Investment Zones across the UK, funded by £80m each over the next five years £200m this year to help local councils in England repair potholes £900m for new super computer facility, to help UK's AI industry 30 hours of free childcare for working parents in England expanded to cover one and two-year-olds, to be rolled out in stages from April 2024 A £600 "incentive payments" for those becoming childminders, and relaxed rules in England to let childminders look after more children New fitness-to-work testing regime to qualify for health-related benefits New voluntary employment scheme for disabled people in England and Wales, called Universal Support Tougher requirements to look for work and increased job support for lead child carers on universal credit £63m for programmes to encourage retirees over 50 back to work, "returnerships" and skills boot camps Immigration rules to be relaxed for five roles in construction sector, to ease labour shortages Source: BBC News We are living in turbulent times. Need more help with your money, finances, or debt? I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.   3 Steps To Success Money Management! I want to help you get control of your money, learn how to invest and become financially free.  Join me online on my free live training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #money #savings #invest #costoflivingcrisis #inflation #freetraining #recession #economy #financialfreedom #moneymanagement #moneymakingideas #mortgage #interestrates #property #budget  #franceriots #parisriots #pensionSee omnystudio.com/listener for privacy information.
3/30/202326 minutes, 40 seconds
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New Updates to the UK Mortgage Market in 2023: What You Need to Know

The UK mortgage market is constantly evolving, with new economic factors shaping the landscape. As of the start of 2023, there are several notable updates to the UK mortgage market that potential buyers and homeowners should be aware of. Interview with Mortgage Advisor Miriam Nawagamuwa CeMAP   One of the biggest changes is the increase in interest rates. The Bank of England has been hiking its base rate since 2021 to 4%, the highest in 14 years. Mortgage rates have risen substantially, making borrowing more expensive. However, there are still competitive rates available for those with good credit scores and larger deposits or equity. In addition to interest rates, the UK mortgage market is also seeing increased competition among lenders. More and more online-only banks are entering the market, offering lower rates and faster application processes. This is good news for borrowers, given them more options to choose from when shopping for the best mortgage deal. Stricter lending and affordability checks have been introduced following the Financial Conduct Authority's (FCA) lending review in 2022. Mortgage lenders now consider borrowers' regular expenditure and other financial commitments when assessing affordability. In the past, banks lent based on a simple multiple of salary. The tough new criteria means that some borrowers may find it harder to secure a mortgage or re-mortgage, but ensures that lenders are lending responsibly and not overstretching borrowers.  The lending ‘stress test’ bar has also been raised on buy-to-let mortgages, pushing more investors into higher yielding HMO’s, holiday lets and serviced accommodation. Regulators do not want a repeat of the 2008 financial crisis largely caused by banks lending recklessly to borrowers with a poor credit history. Finally, the government's Help to Buy scheme will end in March 2023. This scheme allowed first-time buyers to purchase a home with just a 5% deposit, with the government providing a loan of up to 20% (or 40% in London) of the property value. Overall, the UK mortgage market is a complex and ever-changing landscape. It's essential for potential buyers and homeowners to keep up to date with the latest developments and to seek professional advice before making any significant financial decisions. With the right knowledge and support, it's possible to navigate the market and secure a mortgage that meets your needs and financial goals. How to contact Miriam: Miriam Nawagamuwa CeMAPMortgage and Protection AdvisorLarkin Financial Services [email protected]://www.larkinfinancial.co.uk Need more help with your money, finances, or debt? I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.   3 Steps To Success Money Management! I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #money #savings #invest #costoflivingcrisis #inflation #freetraining #recession #economy #financialfreedom #moneymanagement #moneymakingideas #recurringincome #bankfailure #siliconvalleybankSee omnystudio.com/listener for privacy information.
3/24/202329 minutes, 47 seconds
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US Silicon Valley Bank Failure, The Largest Bank Collapse Since 2008 Financial Crisis, But UK Media Is Focusing On Gary Lineker

US regulators have taken control of Silicon Valley Bank (SVB) as a liquidity crisis caused the biggest bank failure since the 2008 Crisis. Join me online on my free live training Wednesday at 8.00PM - register now below to avoid disappointment https://bit.ly/3QPp8IH The Bank of England said depositors in the UK arm of SVB will be protected up to £85,000 and the US regulators protect depositors up to $250,000. This will not help firms like Roku which is reported to have had $487 million in SVB.  Here in the UK, the media is concentrating on more important issues than the failure of America’s 16th largest bank, Gary Lineker! The MOTD football presenter, who is paid in excess of £1,000,000 a year for his weekly show, was suspended by the BBC this week after tweeting remarks about the government’s migrant policy. Several other presenters have walked out in sympathy with Lineker wrecking the BBC’s weekend football schedule. The demise of SVB, which started in 1983 and employs 8500 people, is a sign that higher interest rates and the Fed’s QT policy is starting to bite the economy and that we are not out of the woods. Key Lessons: Don’t leave all your eggs in one bank basket. Who knows where your cash is really safe in times of financial crisis? Be more financially aware. Learn more about money and how to manage your finances. Need more help with your money, finances or debt? We are living in challenging economic times. I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.   3 Steps To Success Money Management! I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #money #savings #invest #costoflivingcrisis #inflation #freetraining #recession #economy #financialfreedom #moneymanagement #moneymakingideas #recurringincome #bankfailure #siliconvalleybank #garylineker #football #MOTD #bankcrisisSee omnystudio.com/listener for privacy information.
3/21/202315 minutes, 40 seconds
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10 Ways To Earn Recurring Income Streams

In these times of economic  uncertainty and turmoil, Money Tips looks at ways to generate and earn recurring income streams. Rent out property or equipment Invest in dividend-paying stocks or funds Create and sell a product or service on a subscription basis Offer consulting or coaching services Create and sell an online course or e-book Develop and sell a mobile app or website Invest in a franchise or cash flowing business Become an affiliate marketer selling other people’s products Create and sell a physical or digital product on a recurring basis Build and monetize a YouTube or social media following. Need more help with your money, finances or debt? We are living in challenging economic times. I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.   3 Steps To Success In Money Management! I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #money #savings #invest #costoflivingcrisis #inflation #freetraining #recession #economy #financialfreedom #moneymanagement #governmenttraining #recruitmentSee omnystudio.com/listener for privacy information.
3/20/20239 minutes, 15 seconds
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10 Money Management Tips To Get Control Of Your Finances And Start Building Wealth

Set financial goals: Start by setting clear and specific financial goals for yourself, whether it's paying off debt, saving for a down payment on a house, or building an emergency fund. Make a budget: Creating a budget is a crucial step in managing your money. Determine your income and expenses, and make sure you are living within your means. Track your spending: Keep track of your spending by writing down all of your expenses, and review your spending regularly to identify areas where you can cut back. Save for emergencies: An emergency fund is a must-have for anyone looking to manage their money effectively. It will provide a financial safety net in case of unexpected expenses or loss of income. Reduce debt: High-interest debt, such as credit card debt, can be a major burden on your finances. Create a plan to pay off your debt as quickly as possible. Invest wisely: Investing can help you grow your wealth, but it's important to be smart about it. Do your research and invest in assets that align with your goals and risk tolerance. Take advantage of employer benefits: Many employers offer benefits such as 401(k) matching, health savings accounts, and flexible spending accounts. Take advantage of these programs to help you save money and manage your finances. Shop around: Whether you're buying groceries, clothes or any other item, it's important to shop around for the best deals. Compare prices from different retailers and online marketplaces to ensure you're getting the best value for your money. Consider a financial advisor: A financial advisor can help you create a financial plan that is tailored to your specific needs and goals. They can also provide valuable advice and guidance on investment and retirement planning. Keep learning: Managing your money is an ongoing process, and it's important to stay informed and educated about personal finance. Read books, articles, and blogs on the subject, and attend financial workshops or seminars to continue learning and growing your knowledge. Need more help with your finances or debt? We are living in challenging economic times. I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.   3 Steps To Success Money Management! I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.  Join me online on my free live training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #money #savings #invest #costoflivingcrisis #inflation #freetraining #recession #economy #financialfreedom #moneymanagement #governmenttraining #recruitmentSee omnystudio.com/listener for privacy information.
3/17/202310 minutes, 49 seconds
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Has The Worldwide Property Crash Begun ?

Property prices are tumbling in the US, Germany, Sweden, Denmark and the UK. Higher interest rates and borrowing costs are hitting the property market across the globe. The FT reports that there will be a global property meltdown this year, especially in overheated markets like Canada and New Zealand. The property market in China is now at the slowest pace since records began in 1992 – down 26% last year. Home prices in several US cities are crashing, following a recording boom from 2020-22, including Houston, Sacramento and Las Vegas.  The cost of a 30-year fixed rate mortgage hit 7% recently, more than double the rate in 2022 and the highest since 2008. Mortgage demand in the US is at its lowest for 25 years and house sales fell by a quarter last year. Denmark has suffered the biggest fall in a decade, where house prices fell 3.8% in the third quarter of 2022 despite an interest rate of 1.75%, according to Yahoo Finance. In neighbouring Sweden, house prices have crashed by 20% in the last five months, says Yahoo. Prices have fallen for the fifth consecutive month in the UK, where fixed mortgage rates reached 6% last year pushing affordability beyond the reach of average buyers. Average property prices are close to ten times average incomes and much higher in parts of London and the south east of England. Renters are also leaving London in droves to escape unaffordable rents and in search of cheaper properties to buy. The Bank of England increased base lending rates by 0.5% last week to 3.5% in a bid to control the inflation their actions largely caused. UK mortgage rates fall below 4% Virgin and HSBC are offering fixed rates at 3.00% as lenders slash rates to stimulate demand. However, the headline rates required a 40% deposit and are usually for residential mortgages as opposed to buy-to-let loans. Experts believe the property market will fall this year, but not at the same rate as in Sweden and Denmark.  Despite demand for housing in the UK, prices in popular areas are unaffordable and will have to come down unless the market simply stagnates. Transactions are down by 30% and buyer enquiries are at the lowest level since 2008 (excluding 2020). Like the overheated stock markets, property markets regularly go through a 10-12-year boom and bust cycle. The current boom has been fuelled by an unsustainable central bank money printing on an industrial scale since the 2008 financial crash. Happy Valentines Day! Learn more about getting control of your finances using my 3-Step Money Management Formula on my free training webinar.  If you’re struggling or worrying right now, I want to show you: 3 Steps to get control of your finances and spending and not only survive, but thrive in a recession or depression? Join me online on my free live training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. Act now and take advantage of this limited time offer. https://bit.ly/3QPp8IH #money #savings #invest #costoflivingcrisis #inflation #freetraining #recession #economy #financialfreedom #property #interestrates #propertyprices #houseprices #housingmarket #interestratesSee omnystudio.com/listener for privacy information.
3/10/202315 minutes, 36 seconds
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Expert Insight: Gavin Rubenstein Discusses His Approach to Overcoming Anxiety Through Hypnotherapy And NLP

Exploring the Power of Hypnotherapy and NLP with Anxiety Expert Gavin Rubenstein Watch video - https://youtu.be/cB9PhKZfjUk To contact Gavin visit - www.gmrhypnotherapy.com Learn more about getting control of your finances using my 3-Step Money Management Formula on my free training webinar.  If you’re struggling or worrying right now, I want to show you: 3 Steps to get control of your finances and spending and not only survive, but thrive in a recession or depression? Join me online on my free live training Wednesday at 8.00PM.  Places are limited, so register now below to avoid disappointment. Act now and take advantage of this limited time offer. https://bit.ly/3QPp8IH #money #savings #invest #costoflivingcrisis #inflation #freetraining #recession #economy #financialfreedom #property #interestrates #hypnotherapy #NLP #anxiety See omnystudio.com/listener for privacy information.
3/3/202349 minutes, 9 seconds
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Whitney Houston Discovered That Getting Rich And Staying Rich Are Two Different Skills

The Whitney Houston biopic, ‘I Wanna Dance With Somebody’, shows how making money and getting rich are not enough to stay rich. For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.  Whitney Houston was the biggest female star of her time selling millions of records and selling out shows all over the world, but nearly went broke because left the management of her financial affairs to her Father who frittered millions of dollars away on private jets, hangers on and high living.  Many other stars have made and lost a fortune, which I talk about in my books. It’s a lesson for all of us. It doesn’t matter how much money you make, you will never be financially free without proper money management. Learn how to manage your finances in 28 days, without pain. In my S.M.A.R.T MONEY course I teach five principles of managing and making money. For more information see my free Master Your Money the S.M.A.R.T Way training. Check it out - https://bit.ly/3isugCr.  #money #business #whitneyhouston #iwannadancewithsomebody #moneymanagement #smartmoney #freemoneytraining #financialfreedom #getrich #stayrich #moneycanyouhappiness See omnystudio.com/listener for privacy information.
2/24/20239 minutes, 28 seconds
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House Prices SLUMP Fourth Month In A Row As Mortgage Approvals DROP To 2-Year Low

The average house price in the UK fell for the fourth month in a row in December as prices plummeted by 1.5% compared to November - the average house price is now £281,272, according to Halifax. For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.  December's decline was not as high the 2.4% drop in November. Annually, house prices grew by just 2% compared with December 2021 - down from 4.6% annual increase recorded in November – and the slowest rise since October 2019 when prices were going up by 1.1%. Mortgage approvals unsurprisingly declined to their lowest level in two years as interest rate rises deterred buyers, new Bank of England figures find. Mortgage approval lending slumped to just 46,000 in November, down from under 58,000 in October, the BOE reports. Home-buyers and buy-to-let investors were put off by a massive rise in mortgage interest rates following a succession of base rate hikes designed to curb soaring inflation. Rates have gone up nine times since December 2021 to 3.5%, the highest level in 14 years.  The average 5-year fixed rate mortgage rate recently reached just under 6% hitting 100,000 per month with higher payments of up to three times their previously deal. Economists and experts have predicted that already depressed house prices could further fall by up anything from 10% to 20% in 2023. Bank of England figures also reveal that people are borrowing more on credit cards - up by £1.2bn - as cost of living pressures continue to hammer household and business budgets. Despite higher rates, householders increased mortgage borrowing against their homes by an additional £4.4bn in November. UPDATE ON MTD Good news for business. Making Tax Digital and quarterly reporting bureaucracy changes for self-employed will be postponed for two years until 2026, HMRC has announced. See also: See My UK Property Predictions For 2023 – Where Is The Housing And Rental Market Going? Watch video on my YouTube channel - https://youtu.be/ekDrJUZ6pUg Toronto Property Market Explained By Luc Lising One Of Canada’s Top Realtors  - Watch full video interview - https://youtu.be/lldv5gL1GaQ What Are You Doing Today To Make Your Life Better Tomorrow?  Watch video version on my YouTube channel - https://youtu.be/G8_SKQgGisI The UK Prime Minister Rishi Sunak wants to force children to study mathematics until 18, but they should be teaching them about finance, mortgages, investing and pensions.  For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.  #property #rentalmarket #finance #financialfreedom #freefinancialtraining #freetraining #money #wealth #landlord #buytoletlandlord #property #goals #plans #interestrates #mentor #canadapropertymarket #GTApropertymarket #torontoproperty #luclising #filipinocanadian The Bank of England has increased rates nine times since December 2021 to try to dampen the rate of price rises, also known as inflation. Interest rates are currently 3.5%, the highest level in 14 years.See omnystudio.com/listener for privacy information.
2/22/202311 minutes, 7 seconds
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Toronto Property Market Explained By Luc Lising - One Of Canada's Top Realtors

For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.  In this exclusive interview with 22-year-old Canadian-Filipino Luc covers: Why buying in a property downturn is the best time for opportunities. The advantages of buying off-plan new build condos in the GTA. Government ban foreign property investors. What you MUST do to be successful. The importance of having a mentor. Don’t meditate on work, just work! Simple businesses that work! Watch full video interview - https://youtu.be/lldv5gL1GaQ The UK housing market will shrink - but not necessarily crash - next year, industry experts agree, as the government fights recession and higher mortgage rates. House prices have been dropping month-on-month with average prices down 2.3% in November from October – the most since the start of the financial crash in 2008 – according to Halifax. See My UK Property Predictions For 2023 – Where Is The Housing And Rental Market Going? Watch video on my YouTube channel - https://youtu.be/ekDrJUZ6pUg #property #rentalmarket #finance #financialfreedom #freefinancialtraining #freetraining #money #wealth #landlord #buytoletlandlord #property #goals #plans #interestrates #mentor #canadapropertymarket #GTApropertymarket #torontoproperty #luclising #filipinocanadianSee omnystudio.com/listener for privacy information.
2/20/202356 minutes, 56 seconds
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UK Property Predictions For 2023 - Where Is The Housing And Rental Market Going?

With some forecasters warning of somewhere between a depression and Armageddon, here are my thoughts on the UK housing market. For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.  The UK housing market will shrink - but not necessarily crash - next year, industry experts agree, as the government fights recession and higher mortgage rates. House prices have been dropping month-on-month with average prices down 2.3% in November from October – the most since the start of the financial crash in 2008 – according to Halifax. Watch video on my YouTube channel - https://youtu.be/ekDrJUZ6pUg Price growth will decline in 2023 as soaring inflation hits the economy and forces interest rates up. As the downturn intensifies, housing indicators are showing red with rates expected to go even higher and the UK goes into a long recession. The Bank of England is expected to raise interest rates into 2023 from 3.5% now to 4.75%, but there are signs that the rate of inflation is slowing. Higher interest rates will hit buy-to-let landlords and investors, as deals fail to stack up. Move from cities to the country is slowing, as more people move back to the office. Property experts forecast property price declines of 5% - 12% next year, although some warn of a crash by 15% to 20%.  Mortgage rates have since fallen back since the disastrous mini-budget in September to an average five-year fix at 5.6% according to Moneyfacts – still far higher than a year ago.  UK mortgage lenders expect to lend 23% less to homebuyers in 2023 following a two-year boom. UK Finance forecast gross mortgage lending for house purchases to decline to £131bn in 2023 from £171bn in 2022 and a peak of £189bn in 2021. Leading UK lenders have met with government officials to discuss measures to ease the burden on around 90,000 people in mortgage arrears, the FT reports. Property sales are set to drop to 1.01m next year from 1.27m in 2022. Savills warns of a severe drop in transactions, to 870,000, and a 10% fall in house prices in 2023. Estate agents Jones Lang LaSalle forecasts a 6% drop in house prices next year. Both firms expect a 1% price growth in 2024, as interest rates fall back and inflation cools. The Nationwide expects a “modest decline” or “soft landing” in house prices next year, but lenders seldom talk of a property crash. The lender said 85% of mortgage balances are currently on fixed interest rates. The Bank of England said 4m households face higher mortgage payments next year. Typical payments could rise by £250 to £1,000 a month causing severe financial difficulties for 220,000 households. Capital Economics’ central forecast is for house prices to fall by 12% by the end of 2023, but Andrew Wishart, senior economist at the consultancy, said in a worst-case scenario prices could plummet by up to 20%. “The initial drop in house prices has been sharper than in the financial crisis or the early 90s, “For affordability to return to a sustainable level by the end of 2023, when we think mortgage rates will still be around 5%, the average house price would have to drop by 20%.  On the other hand, were market and mortgage interest rates to drop faster than we expect, that would limit the fall in prices.” Rent prices have surged to record levels due to a shortage of properties to rent and growing demand, as well as a slowing buy-to-let market and many first-time buyers are opting to rent in the hope of lower mortgage rates in 2023/24. Some 85,000 landlords have quit the buy-to-let market in the last 5 years.  See my Money Tips Podcast video - https://youtu.be/NME3nEu8dAQ UK private rents jumped by 4% in November, the highest since records began in 2016, official figures showed. Savills forecasts rental growth rising to 6.5% before slowing to 4% in 2024. Globally, many markets seem overheated and, in a bubble, – Sydney and Auckland for instance.  China’s property market boom appears to be over with a 20% decline. In my next episode, I will be talking to one of Toronto’s leading realtors about his housing predictions for 2023. As with all economic forecasts, much depends on government action and the prevailing winds of the economy, but more rests on your action in your U’conomy! Your goals for 2023 How was 2022 for you? Did you achieve your goals? What are your financial goals for 2023 and how do you plan to achieve them?  I wish you a happy and successful new year! For more tips and money-making ideas and coaching see Master Your Money the S.M.A.R.T Way training.   Check it out for free - https://bit.ly/3isugCr. #property #rentalmarket #finance #financialfreedom #freefinancialtraining #freetraining #money #wealth #landlord #buytoletlandlord #property #goals #plans #interestrates #bankofengland See omnystudio.com/listener for privacy information.
2/17/202316 minutes, 8 seconds
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Higher Interest Rates Killing Property and Economy - Rates Rise to Highest Level For 14 Years

Interest rates rise again to highest level in 14 years pushing the economy and property market deeper into recession… For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.  The three main Central banks raised interest this week, with the Bank of England hiking rates by .5% to 3.5%.Hey, do you think they might be colluding? 😊 Watch video version: https://youtu.be/WCmTLiUlra0 UK interest rates are now at the highest level for 14 years and it is the ninth time in a row that the Bank of England has put up base lending rates, despite a small fall in inflation to 10.7% in November.   The bank has set a ludicrous 2% target inflation rate but is using a sledgehammer to crack a nut.   The Federal reserve, ECB and Bank of England are hellbent on driving the world into recession in order to keep down inflation, which they caused with their money printing policies.  The Fed and Bank of England were both asleep at the wheel in 2008 which caused the financial crash. Taxpayers in the UK were forced to bail out their friends in the banks. Then they printed money with a stimulus on a scale never seen before in history, which, surprise surprise, has caused the highest level of inflation since the 1980s. Now they are aggressively raising interest rates and driving the economy into recession.   The Bank of England “predicted” that we were going to the worst recession on history, and then proceeded to make it happen. A self-fulfilling prophecy! Stock markets fell this week, crypto is in turmoil and property asking prices and dropping. We can’t do much about these faceless suits, but we can manage and grow our own economy. Like the Kenny Rogers song says: You’ve Gotta know when to hold ‘em, Know when to fold em, Know when to walk away, And know when to run! In other words, you need to understand how money and the markets work so you can make educated moves. Watch Video - https://youtu.be/WCmTLiUlra0 See also:   Transfer Property To A Limited Company WITHOUT Paying Capital Gains Tax or Stamp Duty Tax - https://youtu.be/mtGq7WaVx Making Tax Digital – MTD Means More Red Taper Ahead For Weary Landlords - https://youtu.be/mYhJSCbOGLE 10 Tips To Avoid Christmas Debt - https://youtu.be/n7vSK5LlONU The rich and successful have coaches and mentors, and never stop learning. For more tips and money-making ideas and coaching see Master Your Money the S.M.A.R.T Way training.   #tax #property #capitalgainstax #finance #financialfreedom #freefinancialtraining #freetraining #money #wealth #landlord #buytoletlandlord #property #makingtaxdigital #richhabits #successhabits #richpeople #wealth #debt #goals #plans #interestrates #cryptoSee omnystudio.com/listener for privacy information.
2/15/202311 minutes, 21 seconds
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36 Rich Habits Followed By Wealthy And Successful People Part Three

For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.  These are the Rich Habits followed by the wealthy and successful people, and mentors, I have observed. They have a daily routine. They work hard, and smart. They wake up early. They read books. They keep learning. They are good listeners. They work out and exercise.  They eat well and stay healthy. They are disciplined in their lives. They manage their money. They make their money work hard for them. They manage their time. They believe time is money. They avoid procrastination. They avoid negative or toxic people. They are organised and dependable. They make time work for them rather than exchanging time for money. They value family and home life and spend quality time with the family. They are usually nice, personable or likeable people. They are generous, give back through ‘giving’ and charities. They have a strong magnetism, charisma and energy field. They have a relaxed, calm and self-assured manner or energy.  They are leaders in one form or another and lead by example. They get along with people and work well in or build a team around them.  They have strong values or a religious belief or faith or moral code of some kind.  They usually lead law abiding, moral lives, pay their taxes and deal honestly. They have congruency in their lives and live by their own beliefs and standards. They have a clear vision and always know exactly where they are going. They make sure that the people around them are aligned with that vision. They have clear primary long-term and short-term goals. They write down their goals and use tools such as vision boards. They back up their vision with action, clear goals, plans and habits. They have a plan is to reach their long-term vision and goals. They take the long-term perspective and are patient.  They are persistent, see things through and never give up. They invest in themselves and have a coach or a mentor. Do you have a vision for your life? Do you have clear, written goals and a plan for achieving them? Mind your business Your mind is your business! What are you putting into your mind? What are you feeding your mind? What books are you reading? How many books have you read this year? How are you investing in yourself? What podcasts are you listening to? What courses and learning are you taking? Who are you watching and listening to? Who are you surrounding yourself with? What do you understand by debt? Do you know the difference between a credit card and a debit card? Do you have a plan to get out of debt? Do you have a plan to build long-term wealth? Do you have a coach or mentor? See also:   Transfer Property To A Limited Company WITHOUT Paying Capital Gains Tax or Stamp Duty Tax - https://youtu.be/mtGq7WaVx Making Tax Digital – MTD Means More Red Taper Ahead For Weary Landlords - https://youtu.be/mYhJSCbOGLE 10 Tips To Avoid Christmas Debt - https://youtu.be/n7vSK5LlONU The rich and successful have coaches and mentors, and never stop learning. For more tips and money-making ideas and coaching see Master Your Money the S.M.A.R.T Way training.   #tax #property #capitalgainstax #finance #financialfreedom #freefinancialtraining #freetraining #money #wealth #landlord #buytoletlandlord #property #makingtaxdigital #richhabits #successhabits #richpeople #wealth #debt #goals #plansSee omnystudio.com/listener for privacy information.
2/13/202318 minutes, 30 seconds
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36 Rich Habits Followed By Wealthy And Successful People Part Two

For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.  These are the Rich Habits followed by the wealthy and successful people, and mentors, I have observed. They have a daily routine. They work hard, and smart. They wake up early. They read books. They keep learning. They are good listeners. They work out and exercise.  They eat well and stay healthy. They are disciplined in their lives. They manage their money. They make their money work hard for them. They manage their time. They believe time is money. They avoid procrastination. They avoid negative or toxic people. They are organised and dependable. They make time work for them rather than exchanging time for money. They value family and home life and spend quality time with the family. They are usually nice, personable or likeable people. They are generous, give back through ‘giving’ and charities. They have a strong magnetism, charisma and energy field. They have a relaxed, calm and self-assured manner or energy.  They are leaders in one form or another and lead by example. They get along with people and work well in or build a team around them.  They have strong values or a religious belief or faith or moral code of some kind.  They usually lead law abiding, moral lives, pay their taxes and deal honestly. They have congruency in their lives and live by their own beliefs and standards. They have a clear vision and always know exactly where they are going. They make sure that the people around them are aligned with that vision. They have clear primary long-term and short-term goals. They write down their goals and use tools such as vision boards. They back up their vision with action, clear goals, plans and habits. They have a plan is to reach their long-term vision and goals. They take the long-term perspective and are patient.  They are persistent, see things through and never give up. They invest in themselves and have a coach or a mentor. Do you have a vision for your life? Do you have clear, written goals and a plan for achieving them? Mind your business Your mind is your business! What are you putting into your mind? What are you feeding your mind? What books are you reading? How many books have you read this year? How are you investing in yourself? What podcasts are you listening to? What courses and learning are you taking? Who are you watching and listening to? Who are you surrounding yourself with? What do you understand by debt? Do you know the difference between a credit card and a debit card? Do you have a plan to get out of debt? Do you have a plan to build long-term wealth? Do you have a coach or mentor? See also:   Transfer Property To A Limited Company WITHOUT Paying Capital Gains Tax or Stamp Duty Tax - https://youtu.be/mtGq7WaVx Making Tax Digital – MTD Means More Red Taper Ahead For Weary Landlords - https://youtu.be/mYhJSCbOGLE 10 Tips To Avoid Christmas Debt - https://youtu.be/n7vSK5LlONU The rich and successful have coaches and mentors, and never stop learning. For more tips and money-making ideas and coaching see Master Your Money the S.M.A.R.T Way training.   #tax #property #capitalgainstax #finance #financialfreedom #freefinancialtraining #freetraining #money #wealth #landlord #buytoletlandlord #property #makingtaxdigital #richhabits #successhabits #richpeople #wealth #debt #goals #plansSee omnystudio.com/listener for privacy information.
2/10/202319 minutes, 40 seconds
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36 Rich Habits Followed By Wealthy And Successful People Part One

For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.  These are the rich habits followed by the wealthy and successful people, and mentors, I have observed. They have a daily routine. They work hard, and smart. They wake up early. They read books. They keep learning. The are good listeners. They work out and exercise.  They eat well and stay healthy. They are disciplined in their lives. They manage their money. They make their money work hard for them. They manage their time. They believe time is money. They avoid procrastination. They avoid negative or toxic people. They are organised and dependable. They make time work for them rather than exchanging time for money. They value family and home life and spend quality time with the family. They are usually nice, personable or likeable people. They are generous, give back through ‘giving’ and charities. They have a strong magnetism, charisma and energy field. They have a relaxed, calm and self-assured manner or energy.  They are leaders in one form or another and lead by example. They get along with people and work well in or build a team around them.  They have strong values or a religious belief or faith or moral code of some kind.  They usually lead law abiding, moral lives, pay their taxes and deal honestly. They have congruency in their lives and live by their own beliefs and standards. They have a clear vision and always know exactly where they are going. They make sure that the people around them are aligned with that vision. They have clear primary long-term and short-term goals. They write down their goals and use tools such as vision boards. They back up their vision with action, clear goals, plans and habits. They have a plan is to reach their long-term vision and goals. They take the long-term perspective and are patient.  They are persistent, see things through and never give up. They invest in themselves and have a coach or a mentor. Do you have a vision for your life? Do you have clear, written goals and a plan for achieving them? Mind your business Your mind is your business! What are you putting into your mind? What are you feeding your mind? What books are you reading? How many books have you read this year? How are you investing in yourself? What podcasts are you listening to? What courses and learning are you taking? Who are you watching and listening to? Who are you surrounding yourself with? What do you understand by debt? Do you know the difference between a credit card and a debit card? Do you have a plan to get out of debt? Do you have a plan to build long-term wealth? Do you have a coach or mentor? See also:   Transfer Property To A Limited Company WITHOUT Paying Capital Gains Tax or Stamp Duty Tax - https://youtu.be/mtGq7WaVx Making Tax Digital – MTD Means More Red Taper Ahead For Weary Landlords - https://youtu.be/mYhJSCbOGLE 10 Tips To Avoid Christmas Debt - https://youtu.be/n7vSK5LlONU The rich and successful have coaches and mentors, and never stop learning. For more tips and money-making ideas and coaching see Master Your Money the S.M.A.R.T Way training.   #tax #property #capitalgainstax #finance #financialfreedom #freefinancialtraining #freetraining #money #wealth #landlord #buytoletlandlord #property #makingtaxdigital #richhabits #successhabits #richpeople #wealth #debt #goals #plansSee omnystudio.com/listener for privacy information.
2/8/202311 minutes, 55 seconds
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House Prices Saw Biggest Drop In 14 Years, Halifax Report Reveals

For more tips and money-making ideas and coaching see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.  UK house prices suffered their biggest drop in 14 years in November, falling by 2.3%, according to the largest mortgage lender The Halifax. At the same time, London rental prices have soared 17% or £273 per month in the last year. Other large regional cities have seen similar increases, including Manchester, up 15.6%, Birmingham (12.3%), Glasgow (14.1%), Bristol (12.9%) and Sheffield (2.4%). The average rent for new lets soared by £117 per month since last year, reaching £1,078 per calendar month. Rental growth now stands at 12% per year, twice the growth in earnings and accounting for over a third of average earnings for a single person. Spray Foam Loft Insulation Could Render Your Home “Worthless” The UK government giving out billions in grants to homeowners to cut energy costs – including installing insulation and even solar panels. But one type of insulation, spray foam, could make your home value go to “zero”, according to surveyors and property valuers for mortgages. BBC reported that one couple had their property valued at “zero” by a lender’s surveyor due to spray foam in the loft. For more tips and money-making ideas and coaching see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr. See omnystudio.com/listener for privacy information.
2/6/202313 minutes, 29 seconds
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Transfer Property To A Limited Company WITHOUT Paying Capital Gains Tax or Stamp Duty Tax ?

For more tips and money-making ideas see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.  Landlords with more than three properties held in their personal name, or paying higher rate tax, should consider moving their property into a limited company to save tax. Using a company structure can also help you pass property onto children while mitigating the inheritance tax burden. It has been 5 years since George Osborne introduced his Sec 24 tax changes, penalising millions of buy-to-let landlords, but you can do something to legally avoid the ‘Osborne gut punch’.  The process is complex, legal and requires specialist advice. Landlords will incur fees, but the savings more than outweigh the costs. With the right advice you can legally create a tax-free pot of money! If you are a landlord or property investor with three or more properties in your own name and would like to save tax email or message me.  Learn why 85,000 Buy-to-Let Landlords Quit Property Rental Market - https://youtu.be/NME3nEu8dAQ  Personal Debt Soaring Citizens Advice warns Half Citizens Advice clients are falling behind with debt payments and budget. With lending interest rates rising, unlike savings rates, and soaring inflation more and more people are using expensive credit card debt to pay for food. Citizens Advice guide to dealing with debts Work out how much you owe, who to, and how much you need to pay each month Identify your most urgent debts. Rent or mortgage, energy and council tax are called priority debts as there can be serious consequences if you do not pay them, and so they should be paid first Calculate how much you can cover in debt repayments. Create a budget by adding up your essential living costs like food and housing, and taking these away from any income such as your wage or benefits you receive See how you could boost your income, primarily by checking what benefits you are entitled to, and whether you are eligible for a council tax reduction or a lower tariff on your broadband or TV package If you think you cannot pay your debts or are finding dealing with them overwhelming, seek support straightaway. You are not alone and there is help available. A trained debt adviser can talk you through the options available Source: Citizens Advice See: 10 Tips To Avoid Christmas Debt - https://youtu.be/n7vSK5LlONU The debt charity StepChange reports that the cost of living as their main reason for debt, and seven in 10 of them are women.See omnystudio.com/listener for privacy information.
2/3/202318 minutes, 36 seconds
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House Prices Suffer Biggest Fall For Two Years

Pensions fall by up to 40%! Time to learn how to manage your own money. Check out my new training to help you get control of your finances in 28 days! Click to join: https://bit.ly/3isugCr UK house prices saw their worst monthly drop for over two years in November as rising interest rates slowed down the property market, the Nationwide has said. Prices fell by 1.4% from October 2022 - the largest month-on-month fall since June 2020. Annual house price growth saw a "sharp slowdown", the Nationwide building society figures revealed, plummeting to 4.4% from 7.2% in October. The lender added the housing market will "remain subdued" in the coming months. The UK government's own official forecaster predicted that house prices will fall by 9% over the next two years as affordability issues weigh on demand, and the Bank of England said we are entering the worst recession on record. Watch video on YouTube channel - https://youtu.be/oCJIAiYcbyU The average property price fell to £263,788 last month from £268,282 in October, the Nationwide said. WARNING - Spray foam insulation can render your property WORTHLESS – according to RICS surveyors. Government giving out billions in grants to homeowners to insulate and cut energy costs – including solar panels. Pension pots lose up to 40% following bond market crisis. The financial services industry has let us down with poor advice and products, low fund performance and high charges and fees. Don’t rely on the financial services industry, financial advisers or the government to fund your retirement. 3 million people have lost track of their pension pots. £27 billion in pensions lies unclaimed in insurance company coffers…visit the ‘gov.uk website to track your old pensions. Educate yourself to manage your own money, build wealth and row your own boat. Start with the basics. Check out my new training to help you get control of your finances in 28 days! Click to join: https://bit.ly/3isugCr #finance #financialfreedom #freefinancialtraining #freetraining #money #wealth #marketing #onlinemarketing #pensions #propertyprices #propertymarket #housepricesSee omnystudio.com/listener for privacy information.
2/1/202313 minutes, 44 seconds
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How To Grow Your Online Reviews And Feedback

Check out my new training to help you get control of your finances in 28 days! Click to join: https://bit.ly/3isugCr Online marketing expert, Chadesh Parekh of NERO Digital Labs explains how to grow your online business reviews and customer feedback. Get more genuine customer reviews Use customer feedback to grow your online reputation Make more money online organically through reputational marketing Chandesh Parekh is website accessibility and inclusivity consultant, web developer and online reputation marketer. Chandesh has been professionally immersed in the world wide web for over 20 years and helps businesses with their online marketing strategies, particularly focussing on customer feedback, ratings and reviews. You can connect with Chandesh on LinkedIn on at his website. NERO Digital Labs Link: https://nerodigital.co.uk/services/reputation-marketing/ Check out my new training to help you get control of your finances in 28 days! Click to join: https://bit.ly/3isugCrSee omnystudio.com/listener for privacy information.
1/30/202326 minutes, 57 seconds
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Rents Rising At Fastest Rate As UK Net Migration SOARS To All-time Record 504,000

UK net migration reached a record 504,000 in the year to June, The Office for National Statistics (ONS) reports.  Check out my new training to help you get control of your finances in 28 days! Click to join: https://bit.ly/3isugCr  At the same time, the ONS also reports that rents are rising by the fastest rate since records began, despite a slowdown in property sales. Rents in the private sector have increased by 3.8pc in the 12 months to October 2022 - the biggest annual percentage change since records began in January 2016, according to the ONS rent inflation index. Business demand more migrants However, business leaders have called for higher immigration to boost growth and fill millions of job vacancies in the UK.  The number of recorded Asylum applications which includes illegal migrants trafficked in small boats across the English Channel, hit 73,000 in the year to September, around 15% of all those who arrive in the country in any given period. Migration figures reveal that a large numbers coming here from outside the European Union - 170,000 from Ukraine and 76,000 from Hong Kong under a scheme to resettle people who count as British citizens. International students Included in the net migration figures, 277,000 overseas students came to the UK study, double the number of student visas from the previous year – possibly influenced by the lifting of travel restrictions, according to the ONS.  The increase in immigration coincides with soaring rents at a time when the property sales market has slowed and thousands of landlords quit the buy-to-let property market - https://youtu.be/NME3nEu8dAQNationwide providers like Serco have earned millions housing asylum seekers and will work with private landlords.  If you live or work in the North London, Watford or Herts area you might be interested in a face-to-face networking meeting at the Beech House, 49 High Street, Watford, England, WD17 1LJ, Thursday 1 December 10am-12. For more information see: https://www.business-buzz.org/hertfordshire/business-networking-watford With the UK entering the worst recession since records began, there’s never been a more important time to get your own finances in order and learn how to manage your money and increase your wealth.  Check out my new free training to help you get control of your finances in 28 days! Free to join: https://bit.ly/3isugCrSee omnystudio.com/listener for privacy information.
1/27/202311 minutes, 39 seconds
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BONUS EPISODE: Rents Rising At Fastest Rate In 7 Years As Landlords Face Rising Costs, Red Tape And More Legislation

Average rents and house prices were still rising late last year, according to official data, although experts a property market slowdown in 2023. Private rental properties owned by private landlords increased at the highest level since comparable records began seven years ago, figures reveal. House prices were still rising in the year to November 9 but falling month on month), but the Office for National Statistics (ONS) said the pace of growth slowed. Private rental prices in the UK rose by 4.2% in the year to December. Private landlords have been hit by tax and mortgage rate rises, as well as increased compliance costs, which some are passing on to tenants. The average tenant spends more proportionally on housing costs than homeowners do, and rents are usually higher than a typical first-time buyer mortgage. Other figures from the ONS showed that property prices increased by 10.3% in the year to November, slowing from 12.4% in October 2022. A 10.9% annual increase in England A 10.7% rise in Wales A 5.5% jump in Scotland and 10.7% growth in Northern Ireland. England’s prices increased the most in the northwest, up 13.5% over the year, and the slowest in London, a 6.3% increase. The average UK house price in November was £295,000 - £28,000 higher than a year earlier, a decrease from the previous month's record high of £296,000. Home buyers have been hit by the rise in mortgage costs as the Bank of England raised base rates during 2022. The average cost of a two-year fixed-rate mortgage has started to fall since last year’s market turmoil following the mini-budget, but far higher than the start of last year. The ONS reports that hundreds of thousands of UK homeowners face higher mortgage costs when their current fixed-rate deal expires this year. More than 1.4 million households will be renewing their fixed-rate mortgage in 2023 - 57% of them currently paying an interest rate of less than 2%.  A ‘ fixed-rate renewal peak’ between April and June 2023 will hit 371,000 mortgage holders when their deals expire. George Osbourne’s buy-to-let tax hike and increased legislation has led to 85,000 private landlords quitting the property rental market in the last 5 years – see https://youtu.be/NME3nEu8dAQ. Although oil and gas prices have come down in recent months, millions of people are still facing a cost of living and have no savings.  Watch YouTube video - https://youtu.be/mPvjb6MN7To How can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar.  I want to take you to the next level, help you get control of your money and become financially free.  Join me online on my free live training Wednesday at 7.30PM.  Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #money #savings #invest #costoflivingcrisis #inflation #freetraining #interestrates #recession #economy #financialfreedom #rentalprices #propertyprices #privatelandlords #buytoletlandlordSee omnystudio.com/listener for privacy information.
1/25/202318 minutes, 17 seconds
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What Does The UK Autumn Budget Statement Mean For You

One third of countries will be in recession next year, so there has never been a more important time to get your financial house in order – see my free training https://bit.ly/3isugCr to help you manage your money. In his first major speech as Chancellor, Jeremy Hunt announced £55 billion ‘fiscal squeeze’ tax changes and measures to cut the national debt whilst stimulating growth including the “biggest programme of public works for 40 years” and a plan to make the UK the world’s next Silicon Valley.  Watch video version - https://youtu.be/9Y6FcXo22jQ Markets were reassured by a steady and responsible budget. Highlights: Social rents capped at 7% next year, saving tenants an average of “£200 a year”. Social rents should increase for private landlords housing social rent tenants by 5%. National Living Wage increased and more help poorer pensions and families on Universal Credit benefits. Pensions ‘Triple Lock’ retained meaning the largest ‘inflation-linked’ increase to state pensions. Hunt wants to bring down national debt as a percentage of national debt over 5 years. Extra energy costs reach £150 billion this year – more pain for consumers next year. Corporation tax and stamp duty changes to be implemented. Capital Gains Tax (CGT) thresholds halved – another tax rise. New nuclear power station announced at Sizewell, Suffolk. Inflation is the “enemy” of growth. Jeremy Hunt. Lowering higher rate tax thresholds from £150,000 to £125,140. Freezing tax free allowances – effectively increasing taxes. ‘Fiscal drag’ means 3 million people will pay more tax. Windfall tax on energy companies increased to 35%. Electric vehicles will start paying car tax duty. OBR expects housing market to slow down – Stamp Duty reviewed. Big tech companies should pay more tax under a new international agreement. Review of “workforce participation” – get people on benefits to get a job! Crackdown on benefit fraud. Reality check. World heading into recession One third of countries will be in recession next year, so there has never been a more important time to get your financial house in order – see my free training https://bit.ly/3isugCr to help you manage your money. OBR predicts UK recession next year and low growth and 7.4% inflation next year - see 21 Money Saving Tips https://youtu.be/taJgXOqp9O0 – and negative inflation in 2025. UK inflation has hit 11.1%. Interest rates could rise again. £100 billion to service UK national debt. £177 billion more borrowing next year. Rishi gave away billions, Jeremy is taking it back, as he said, “it has to be paid for”. The UK always pays its debts, he reassured the markets. I have space now for a small group of people I can work with to mentor them to success in any economy. To help you get through this and come out stronger at the other end I am offering subscribers a Free Wealth Discovery Accelerator Call. If you are struggling to grow your income and reduce costs in the economic winter, I will personally speak to you to help you accelerate your wealth building journey.   If you would like to work with me to help you thrive in any economy, click on the link below to book a free Wealth Accelerator Discovery Call - https://calendly.com/charleskelly/wealth-accelerator-discovery-call #recession #money #economy #freetraining #moneytraining #coaching #mentor #positive #makemoney #managemoney #budget #jeremyhunt #inflation #tax #fiscaldrag See omnystudio.com/listener for privacy information.
1/20/202323 minutes, 42 seconds
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85,000 Buy-to-Let Landlords Quit Property Rental Market

For more tips and money-making ideas see my programme, Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.  In the last 5 years, 85,000 landlords have quit the rental property market! Government red tape, planned legislation, increased costs and tax changes are to blame. Now they must contend with higher mortgage rates and the end to ‘no fault evictions. Demand for rental properties up 14%, some areas by 200% rise in enquiries say Rightmove. Available properties to rent dropped 35% in the last year, according to BBC report. A quarter of UK adults have less than £100 in savings, according to a survey by the Money and Pensions Service. Watch YouTube video version - https://youtu.be/NME3nEu8dAQ The research found that 17% have NOTHING set aside, 5% have less than £50 and 4% between £50 and £100 in savings. As the cost-of-living soars, the figures predict that millions of Britons living in one of the richest countries in the world have no savings. The Bank of England warns that the UK will enter the longest recession ever, as they raised interest rates by the highest level since 1989 to help fulfil their own prophecy.  Recessions create opportunities to make money and build a fortune if you have the correct mindset. For more ideas and tips, see out my new training to help you get control of your finances in 28 days! Click to join: https://bit.ly/3isugCr #freetraining #savemoney #moneysavingtips #mortgage #creditcarddebt #costofliving #goals #houseprices #property #getcontroloffinances #money #halifax #housingmarket #interestrates #inflationSee omnystudio.com/listener for privacy information.
1/13/202318 minutes, 3 seconds
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Don’t Join The Recession – 7 Tips To Help You To Thrive In ANY Economy!

If you would like to work with me to help you thrive in any economy, click on the link below to book a free Wealth Accelerator Discovery Call - https://calendly.com/charleskelly/wealth-accelerator-discovery-call The world’s economies are in turmoil. Even the mighty German economy drag the EU into a long recession according to the EC. But what about YOUR economy? What are you doing right now in your ‘U’conomy’? Migrants do very well in a recession. Why? Because they don’t watch the news! Brian Tracy. Watch video on YouTube - https://youtu.be/USSP2m6xYmw I want to work with a small group of people to help you not only survive but THRIVE in the recession. In the meantime, here are 7 quick money tips: Cash flow – do whatever it takes (legally) to keep cash coming in. Keep working - As the late Zig Ziglar said, you don’t have to “join the recession”. He was selling pots and pans in a recession, but doubled his sales because he worked while everyone gave up and said “nobody’s got any money, don’t you know we are in a recession”. Manage money – you must get control of your finances and budget. See my free new training to help you get control of your finances in 28 days! Look for opportunities – there are millions of opportunities to make money in any economy. Get around the right people – stay away from the people who drag you down with negative talk. Stay positive and realise that winters pass – “all things must pass”, George Harrison wrote. Winters follow summers and spring follows winter. Recessions are inevitable and come and go in most decades. Get a mentor – getting a mentor, coach, mastermind group or training are the smartest things you can do, especially in an economic downturn. I have space now for a small group of people I can work with to mentor them to success in any economy. If you would like to work with me to help you thrive in any economy, click on the link below to book a free Wealth Accelerator Discovery Call - https://calendly.com/charleskelly/wealth-accelerator-discovery-call #recession #money #economy #freetraining #moneytraining #coaching #mentor #positive #makemoney #managemoney #briantracy #zigziglar #jimrohnSee omnystudio.com/listener for privacy information.
1/6/202314 minutes, 17 seconds
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UK House Prices Will Crash 8% Next Year Mortgage Lender Predicts

For more more tips and money-making ideas see my programme, Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr. House prices will plummet by 8% in 2023  Stay flat for the following four years, Lloyds Banking Group has predicted. Britain’s biggest mortgage lender issued a pessimistic outlook for the UK economy  Setting aside £668m to cover bad debts. The bank fears that rising interest rates – which they predict could reach 4% by 2024 - will make mortgages less affordable. ONS data says the price of the average home rose by 13.6% in the year to August to £296,000.  An 8% fall will not put values below the rapid rises over the last two years. The Bank of England hints base rates could rise by 0.75-1% when it meets in November as it fights to tackle 10% inflation. Wholesale lending rates have eased after fixed rate mortgages topped 6% following the disastrous mini budget. New buy-to-Let investment deals are no longer viable with 6%-7% mortgage costs even with a 25-30% deposit – see: Higher interest rates will KILL buy-to-let property market Cash buyers are unaffected by mortgage rates of course, but investors have traditionally used leverage and maximum borrowing to expand their portfolios, but higher rates have moved the goalposts. The Nationwide has reported that UK house prices fell for the first time in over a year last month. Prices fell by 0.9% month-on-month in October. Over 100,000 borrowers are reaching the end of their fixed rate deals every month at which time they will suffer sharp increases in payments. Many will face mortgage rises of 2-300%. Britons are facing a long winter of strikes and higher energy and food prices, despite wholesale prices of gas and oil falling from their highs. Other news Is the dollar losing its status as the world’s reserve currency? For more ideas and tips, see out my new training to help you get control of your finances in 28 days! Click to join: https://bit.ly/3isugCr #freetraining #savemoney #moneysavingtips #mortgage #creditcarddebt #costofliving #goals #houseprices #property #getcontroloffinances #money #halifax #housingmarket #interestrates #inflationSee omnystudio.com/listener for privacy information.
12/30/202216 minutes, 34 seconds
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21 SMART Money And Energy Saving Tips

With energy bills, fuel and interest rates soaring, there’s never been a more critical time to make savings and learn how to manage our money to the best of our ability. I cover many more tips and money-making ideas in my programme, Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr. Please LIKE and SHARE – WATCH YOUTUBE VIDEO - https://youtu.be/taJgXOqp9O0 Here are some tips to help you save and accumulate more money. 1 Pay yourself and save first, spend what’s left 2 Avoid credit card debt interest 3 Track your income and expenditure ‘T’ for ‘track’ is included in my programme, Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.  4 Start saving and investing Check out www.gov.uk/individual-savings-accounts for more information. Check for the best cash ISA rates at Moneyfacts. Shop around and be prepared to move your money to obtain the best rates.  5 Emergency or contingency funds 6 Loyalty doesn’t always pay - switch suppliers Check your latest utility statements and check out comparison sites, such as uswitch or moneysupermarket. 7 Reduce your car insurance 8 Review your mortgage ‘R’ for ‘review’ is part of my programme, Master Your Money the S.M.A.R.T Way training. Check it out - https://bit.ly/3isugCr. 9 Check your tax code to pay less to HMRC  10 Look for old bank accounts and pension policies  11 Check for any entitlements to benefits. 12 Reduce your grocery bill  13 Avoid wasting food  14 Explore local charities for help – there is an abundance of food given away by supermarkets 15 Check your workplace or private pension 16 Check your state pension and NI contributions level 17 Use loyalty cards, price match and vouchers and deal finders  Try hacks like VoucherCodes ‘DealFinder’ as a plug-in on Chrome to be alerted to the best deals while buying online. There are hundreds of money saving apps and discount offers, such as Sweatcoin and BetterPoints, where you can get paid to walk and exchange your steps for store discounts and freebies. 18 Cut energy bills  Check out the Energy Saving Trust for some great energy and money saving hacks.  19 Sell unwanted stuff on resale platforms You can turn unwanted clothes into cash using resale platforms such as Depop, Vinted and eBay. 20 Mindset – avoid emotional spending and blowing your salary on payday In my programmes and YouTube Money Tips Podcast videos I talk about money mindset. A recent survey by Nationwide’s Payday Saveday revealed that 1 in 5 people blow over half their spare monthly wages within 48 hours of payday!  21 Plan, organise and forecast The key is in planning and organising your expenditure, work, goals, relationships and life! As in the first tip, prioritise essential expenditure and your savings pot, before spending.  Finally, searching for the best deals, tracking and reviewing your finances and being mindful of spending money on things to don’t really need will not only help you get through the current crises but help you form lifelong habits that will enable to build wealth. For more ideas and tips, see out my new training to help you get control of your finances in 28 days! Click to join: https://bit.ly/3isugCr #freetraining #savemoney #moneysavingtips #mortgage #creditcarddebt #energybill #costofliving #goals #foodbank #getcontroloffinances #moneySee omnystudio.com/listener for privacy information.
12/23/202224 minutes, 38 seconds
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Liz Truss Resigns

Truss DOWN but Mortgage Rates UP to 14-Year High as 100,000 borrowers reach end of fixed rate deal every month Prime Minister Liz Truss resigns after 38 days in office following a tumultuous few weeks A new party leader and Prime Minister will be voted in by members by 28 October Will ‘the markets’ get the leader they want with higher taxes, pain and austerity? As mortgage rates hit new high, 100,000 reach end of fixed rate deal every month Average two and fiver-year fixed rate deals reach 6.65% and 6.51% Bank of England will raise rates again next month to fight inflation Food prices rise at fastest rate for 42 years Tax plans and Hunt budget in doubt Markets and Pound rise on news Watch video version - https://youtu.be/bYVdg1ySjuM What does this mean for you? FINANCIAL EDUCATION FOR FINANCIAL FREEDOM Whatever you do, don’t do ANYTHING unless you are financially educated. Can you change the economy, market or government policy? No! Can change YOUR economy (Uconomy), your policy, your financial and money management and your earnings? YES! With the cost-of-living crisis getting worse, there’s never been a better time to learn how to get control of your money and change your financial blueprint. Check out my new training to help you get control of your finances and learn how to build real wealth in 28 days! Click to join: https://bit.ly/3isugCr#money #business #stockmarket #property #freetraining #financialfreedom #inflation #costoflivingcrisis #moneytips #getcontroloffinances #freetraining #mortgagerates #fixedratemortgage #jeremyhunt #tax #liztrussSee omnystudio.com/listener for privacy information.
12/16/202216 minutes, 12 seconds
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Interest Rates Kill BTL

Check out my new training to help you get control of your finances and learn how to become financially free in 28 days!  Click to join: https://bit.ly/3isugCr Example of buying a £500,000 property with a £20,000 a year rent or 4% yield. That’s all very well but if you are then borrowing money on say an 80% mortgage, in the past your mortgage payments based on a 2% interest rate would be £8000 a year leaving you a gross profit before cost of £12,000 per annum. Then interest rates went up to 4% meaning that your mortgage payments rose to £16,000 per annum. Watch video version on my YouTube channel, Charles Kelly Money Tips Podcast https://youtu.be/JarTWcAvAoc At 5% your mortgage payments will be £20,000, in which case you would not even break even after paying costs such as insurance and letting agency fees. At 6% per annum your mortgage payments would be £24,000 a year leaving you with a loss of £4000 per annum before costs. However, that’s not the whole story. Rates are expected to go higher and have already breached 6% for the residential market based on five-year fixed rates. At 8% the interest only mortgage on a £400,000 loan Will be £32,000 a year. Even if you only borrowed £300,000, the mortgage payment will be £24,000 a year not only leaving you a loss but an obtainable from the lender which would want a buffer zone in case of rental void.  The higher the interest rate the less you can borrow. It’s unlikely that the lender would give you more than £200,000 based on an 8% interest rate, which would mean that you would need £300,000 as a deposit. In short, higher interest rates will wipe out any hope of a monthly residual yield or profit for buy to let buyers using islands value by to let mortgages. Bearing in mind that the high growth model for most investors is based on using maximum leverage and borrowing against their properties, higher interest rates will wipe out a large percentage of the potential buyers as the deals no longer stack up.   Learn how to invest and build wealth. The Bank of England were forced to bail out the pensions industry after it nearly collapsed and brought down the financial industry with it. Whatever you do, don’t do ANYTHING unless you are financially educated. Question: What can you do to change the economy, market or government policy? Answer: Nothing! Question: What can you do to change YOUR economy (Uconomy), your policy, your financial and money management and your earnings? Answer: EVERYTHING! With the cost-of-living crisis getting worse, there’s never been a better time to learn how to manage your money and change your financial blueprint. Check out my new training to help you get control of your finances and learn how to become financially free in 28 days! Click to join: https://bit.ly/3isugCr   #money #business #stockmarket #property #freetraining #financialfreedom #inflation #costoflivingcrisis #moneytips #getcontroloffinances #freetraining #mortgagerates #fixedratemortgage  See omnystudio.com/listener for privacy information.
12/9/202211 minutes, 12 seconds
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Housing Slowdown

New warnings of a housing slowdown were issued this week as the number of people struggling with mortgages are forecast to reach a 15-year high, the Royal Institute of Chartered Surveyors (RICS) said. The RICS is the body which regulates and controls the surveyor who carry out surveys and valuations for all the major lenders in the UK. Subscribe to FINANCIAL EDUCATION FOR FINANCIAL FREEDOM for exclusive training and special offers to help you manage and increase your wealth! Details: House sales in September hit their lowest levels since 2020/21 Rising mortgage rates will drive house prices down this year, say RICS Bank of England said this week the number struggling to pay mortgages will rise next year New house buyer inquiries fell in September for he fifth month in a row, say the RICS. Fewer properties for sale has pushed up housing prices, but warned this will end. Banks, such as HSBC have issued similar warnings of a housing market slowdown Higher interest rates will make buy-to-let purchases unsustainable Fixed rate deals have reached around 6%, a 300% rise and a gamechanger  Mortgage lenders will not lend to investors if deals do not stack up financially Up to 200,000 households will need to remortgage in the next year, say BBC. The news comes of top of a brewing financial crisis in the City of London as the Bank of England are again printing money to bail out financial institutions – this time it’s the people running your pension funds. Tail wagging the dog as centrals banks tell elected governments how to run the country! Question: What can you do to change the economy, market or government policy? Answer: Nothing! Question: What can you do to change YOUR economy (Uconomy), your policy, your financial and money management and your earnings? Answer: EVERYTHING! Subscribe to FINANCIAL EDUCATION FOR FINANCIAL FREEDOM for exclusive training and special offers to help you manage and increase your wealth! See omnystudio.com/listener for privacy information.
12/2/202211 minutes, 47 seconds
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Get Control of Your Finances and Learn Investment for Beginners

In this podcast, I take you through the basics of getting control of your finances and learning how to become financially free. Watch video version - https://youtu.be/J8xSMrLDsNw With the cost-of-living crisis getting worse, there’s never been a better time to learn how to manage your money and change your financial blueprint. Check out my new training to help you get control of your finances and learn how to become financially free in 28 days! Click to join: https://bit.ly/3isugCr If you’re REALLY serious and want to get started right away…Claim your free Wealth Accelerator Discovery Call with me now: https://calendly.com/charleskelly/wealth-accelerator-discovery-call   #money #business #stockmarket #property #foodprices #freetraining #financialfreedom #inflation #costoflivingcrisis #moneytips #getcontroloffinances #freetraining See omnystudio.com/listener for privacy information.
11/25/202223 minutes
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Labour's attack on buy-to-let property landlords will wreck the UK private rented sector

What can you do transform your finances and become financially free? To help you get through this and come out stronger at the other end I have prepared a brand-new training, which you can access right now from the comfort of your home. Check out my new training to help you get control of your finances and learn how to become financially free in 28 days! - Click to join: https://bit.ly/3isugCr ******** Labour plans sweeping private rental reforms in the buy-to-let property market  Labour's Shadow Levelling Up, Housing & Communities Secretary, Lisa Nandy, laid out the party's plans to reform the private rented sector on Monday. In her speech she essentially promised that, should Labour come to power, rent payments will be considered an ‘optional extra’ for tenants, with the party planning to end automatic repossessions for rent arrears. Source NRLA Watch video version - https://youtu.be/oRXiwu_ekBQ In this video we also talk about: 1 Pound, Dollar and Euro all at same rate 2 Pension funds dump shares and bonds, FT reports 3 UK economy grew by 0.2% in second quarter to avoid recession 4 Energy prices in the UK rise 1 October despite government cap 5 US stocks record longest run of quarterly losses since 2008 market crash ******* Thank you for taking the time to watch my YouTube channel! I am delighted that my YouTube has grown into 2.25k subscribers because of your support! To help me give you a FREE and informative content please do press the “LIKE” button if you think I made a valuable content in this channel. Do “SHARE”, “SUBSCRIBE” and hit the “NOTIFICATION BELL” so you won’t miss any valuable content in my channel. ******* #freetraining #business #money #savemoney #buytoletinvestor #propertyinvestor #mortgages  #financialfreedom #economy #money  #buytolet #investing #property #houseprices #interestrates #inflation #wealth #taxcuts #kwasikwarteng #labour #rentalreform #lisanandy See omnystudio.com/listener for privacy information.
11/18/202216 minutes, 29 seconds
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Interest rates may have to rise AGAIN after pound £££ fell to AL TIME LOW against US dollar $$$

The Bank of England may have to raise base interest rates again to prevent pound sterling from collapsing against the US dollar after it fell to an all-time low of just over parity 1.03 this week following the Friday’s mini-budget. Please LIKE and SHARE this free content and watch until the end for a special offer. Last week, the Chancellor Kwasi Kwarteng cut taxes, as well as Stamp Duty for 200,000 homebuyers to stimulate the property market a day after the Bank of England (BoE) raised the UK base interest rate from 1.75% to 2.25% to combat inflation warning that the country “may” already be in recession.  The independent BoE move followed the Federal Reserve’s 0.75% hike last week putting further pressure on UK bonds and sterling. Mortgage lenders have pulled fixed rate deals in anticipation of an early rate rise. How high will interest rates go? The Bank of England’s Monetary Policy Committee (MPC) meets in less than two week on 3 November and could be forced to raise rates again. The markets expects rates to rise to 4.5% by next year, which could push mortgage rates to over 7%, a level I have not seen for 20 years. Now could be the time to get advice from a broker about fixing your mortgage rate for at least 3-5 years. If you are already in a fixed rate deal and have a year or two left, you might want to consider switching to a longer-term rate even if you have to pay a small ERC – early redemption charge or penalty. Talk to a broker to weigh up the costs and benefits or do your own calculations by factoring in an interest rate of around 4.5%. With 10% inflation and a weak pound, interest rates are on an upward trend, so take action now to protect yourself. What can you do transform your finances and become financially free? Are you struggling with money or the cost-of-living crisis? To help you get through this and come out stronger at the other end I have prepared a brand-new training, which you can access right now from the comfort of your home. Claim your free Wealth Accelerator Discovery Call with me: https://calendly.com/charleskelly/wealth-accelerator-discovery-call #freetraining #business #money #savemoney #buytoletinvestor #propertyinvestor #mortgages  #financialfreedom #economy #money #rentalproperty #buytolet #investing #property #houseprices #interestrates #inflation #wealth #peer-to-peerlending #taxcuts #kwasikwarteng See omnystudio.com/listener for privacy information.
11/11/202214 minutes, 6 seconds
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Longest “UK Recession” Ever Say BoE As Interest Rates Raised By Highest Level Since 1989

For more tips and money-making ideas see my programme, Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.  The Bank of England warns that the UK will enter the longest recession ever, as they raised interest rates by the highest level since 1989 to help fulfil their own prophecy. Watch YouTube video - https://youtu.be/JsSToglvyls The Bank of England warns the UK facing longest recession since records began. Misery for mortgage borrowers as MPC raises interest rates by the most in 33 years to 3%. Base interest rates hiked again from 2.25% to 3% - the biggest jump since 1989. Banks predicts a "very challenging" 2-year slump with unemployment doubling by 2025. Bank hope to bring down soaring prices as the cost of living rises at its fastest rate in 40 years. For more ideas and tips, see out my new training to help you get control of your finances in 28 days! Click to join: https://bit.ly/3isugCr #freetraining #savemoney #moneysavingtips #mortgage #houseprices #energybill #costoflivingcrisis #interestrates #bankofengland #foodbank #getcontroloffinances #money See omnystudio.com/listener for privacy information.
11/7/20228 minutes, 13 seconds
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Stamp Duty cut for homebuyers as BoE raise interest rates by 0.5% to 2.5% and say the UK “may” already by in recession

The Chancellor Kwasi Kwarteng has cut Stamp Duty for 200,000 homebuyers to stimulate the property market a day after the Bank of England (BoE) has raised the UK base interest rate from 1.75% to 2.25% to combat inflation and warning that the country “may” already be in recession. A recession is officially measured by two negative growth quarters, which has not yet been recorded. The independent BoE move follows the Federal Reserve’s 0.75% hike this week. UK borrowing costs are now at their highest levels since 2008 putting pressure on mortgage holders and the housing market. The new rate rise alone could add up to £690 per annum or £57 per month to an average variable rate mortgage (on top of previous rate rises), although not all lenders follow the BoE base rates. Mortgage brokers are reporting long delays in obtaining an offer and fixed rate deals being pulled at short notice. Inflation has dipped slightly to 9.9% but is still at a 40-year high in most western countries. The pound fell again to $1.11, which means the markets have no confidence in the currency. Everything the UK imports is now being inflated by a weak pound. Watch video on YouTube - https://youtu.be/8d2RYNaV5jM How high will interest rates go? The Bank of England’s Monetary Policy Committee (MPC) meets in less than two week on 3 November and could be forced to raise rates again. The markets expects rates to rise to 4.5% by next year, which could push mortgage rates to over 7%, a level I have not seen for 20 years. Now could be the time to get advice from a broker about fixing your mortgage rate for at least 3-5 years. If you are already in a fixed rate deal and have a year or two left, you might want to consider switching to a longer-term rate even if you have to pay a small ERC – early redemption charge or penalty. Talk to a broker to weigh up the costs and benefits or do your own calculations by factoring in an interest rate of around 4.5%. With 10% inflation and a weak pound, interest rates are on an upward trend, so take action now to protect yourself. Buy-to-Let yields will look very different at those levels, yet investors still see property as a safe long-term haven for their cash. Property values in most areas usually grow in the long term and inflation reduces the real value of a mortgage debt. There is still a shortage of suitable properties and demand for bricks and mortar. Highly geared property investors with large amounts of debt could get into trouble leading to more repossessions. A recession could see commercial landlords coming under pressure as business suffers, which means more opportunities for some investors. The government do not want the property market to crash and will be announcing measures to stimulate the market for fist-time buyers. The stock market is another story and has already started to slide this year. Rates for savers have barely moved. Some savers are turning to funding property transactions either through peer-to-peer lending platforms or direct to property investors – cutting out the banks. However, lending out your money in this way carries a far greater risk. Stamp Duty Cut Threshold raised from £125,000 to £250,000. First-time buyer nil rate band lifted to £425,000. 200,000 people will be taken out of Stamp Duty tax altogether. The April NI tax rise has been reversed saving employees and employers hundreds of pounds a year. Income tax reduced to 19% from April 2023 giving back £170 to 31 million people. Highest rate of 45% abolished. All goo d news but more money is effectively being printed and the national debt increased or deferred, which means paper currency is being devalued. Corporation tax rise cancelled. Bad news for HMO Landlords The government plans to introduce legislation to force landlords who include bills as part of the rent to “repay” the £400 rebate to the tenant! What can you do transform your finances and become financially free? Are you struggling with money or the cost-of-living crisis? To help you get through this and come out stronger at the other end I have prepared a brand-new training, which you can access right now from the comfort of your home. Claim your free Wealth Accelerator Discovery Call with me: https://calendly.com/charleskelly/wealth-accelerator-discovery-call #freetraining #business #money #savemoney #buytoletinvestor #propertyinvestor #mortgages  #financialfreedom #economy #money #rentalproperty #buytolet #investing #property #houseprices #interestrates #inflation #wealth #peer-to-peerlending #taxcuts #kwasikwarteng #budget #stampduty  See omnystudio.com/listener for privacy information.
11/4/202217 minutes, 18 seconds
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Is Buy-to-Let Property Rent Control Law A Serious Threat To Landlords And Tenants?

Landlords switching to holiday lets and SA (Serviced Accommodation) for less regulation and higher profits. Rent controls will drive private landlords away, reduce inventory and increase rents for tenants. World Banks say central bank interest rate hikes could cause a 2023 recession. US Mortgage Rates hit 14-year high as Pound falls to 37-year low against US Dollar. How will higher interest rates affect property prices, wider economy and stock market?   Higher interest rates increase the cost of money or borrowing and has the effect of slowing down economic growth, profits and ultimately stocks and share prices. Property prices are higher than a year ago, but the rate of price growth is slowing. Corporate insolvencies have jumped in England and Wales, as economic conditions and inflation start to hurt businesses. A bell weather company, FedEx, saw its shares plunge after a profit warning linked to a gloomy economy. When times are good, and borrowing is cheap everyone buys more on credit and the economy expends. But the cycle never lasts, as we cannot keep on borrowing and creating money out of thin air forever… The party is over! Inflation is running out of control, which means the central banks will have to tighten monetary policy and pull back the reins on the economy.  Now is the time to learn how to manage your money and prepare for the financial winter. Do you have any savings? Do you know how to invest or where to invest your money to build financial freedom? For how long could you pay your bills if you lost your job? Are you fed up struggling? What can you do transform your finances and become financially free? To help you get through this and come out stronger at the other end I have prepared a brand-new training, which you can access right now from the comfort of your home. Claim your free Wealth Accelerator Discovery Call with me: https://calendly.com/charleskelly/wealth-accelerator-discovery-call #freetraining #business #money #savemoney #buytoletinvestor #propertyinvestor #mortgages #secondincome #financialfreedom #economy #money #rentalproperty #buytolet #investing #property #houseprices #NRLA #rentalproperty #rentcontrol #inflation See omnystudio.com/listener for privacy information.
10/27/202215 minutes, 10 seconds
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What has the Queen ever done for me?

Before I answer that question, what do you think? I’ve seen a lot of comments like this on social media and wanted to say a few words about one of her biggest contributions to the UK.   Leaving aside her support for over 600 charities, and numerous civic duties and constitutional duties which saw her work but over 70 years until almost the day she died, the Queen has made one huge contribution to the UK economy:   Tourism   The Queen and the royal family have attracted billions of pounds and millions of tourists over the years, and she’s still packing them in now. London is booming with visitors and hotels are full.   When her coffin was being driven from Balmoral to Edinburgh, use cameras in a helicopter followed the procession for the entire six-hour journey. Viewers were treated to the glorious beauty of the Scottish Highlands, villages and then Edinburgh. You cannot buy that sort of publicity.   Do you think Scotland will benefit from six hours of free publicity? Hell yes!   Prince Charles is a brand William and Kate are a brand and Harry and Megan have shown how are you can literally monetise the brand to the tune of millions of dollars.   Imagine if the Queen has gone down that road? I’m only saying this to illustrate the untold value of the royal band which goes back to UK PLC at large.   Hotels, restaurants, bars, shops, airports, taxi drivers, support staff and thousands of workers all benefit from tourism, which is one of the biggest industries in the UK. There is no doubt that the rules have contributed hugely to UK tourism and the wider economy.   How much is the Royal Family ‘brand’ worth?   In 2017, business insider.com estimated the royal family ‘s brand was worth £67 billion and said that the royal family contributes £2.4 billion to the UK economy every year.   What is world’s most valuable brand?   It used to be Coca-Cola but is now dominated by recently formed tech and Silicon Valley companies.   According to Kantar BrandZ the top 10 most valuable global brands are:   Apple Google Amazon Microsoft Tencent McDonalds Visa Facebook Alibaba Louis Vuitton   Source: Kantar.com    The Apple brand is estimated to be worth nearly $1 trillion with Google and Amazon not far behind.   China has two companies in the top 10, Tencent and Alibaba, and the only non-US company is Louis Vuitton a French company.    What can you do to develop your own brand?   What can you do transform your finances and become financially free? Are you fed up struggling? To help you get through this and come out stronger at the other end I have prepared a brand-new training, which you can access right now from the comfort of your home. Check out my new training to help you get control of your finances and learn how to become financially free in 28 days! Click to join: https://bit.ly/3isugCr Claim your free Wealth Accelerator Discovery Call with me: https://calendly.com/charleskelly/wealth-accelerator-discovery-call #freetraining #apple #microsoft #google #business #money #savemoney #buytoletinvestor #propertyinvestor #mortgages #secondincome #financialfreedom #economy #money #rentalproperty #buytolet #investing #property #houseprices #queen #royalfamily #princecharles #harryandmegan #WilliamandKateSee omnystudio.com/listener for privacy information.
10/20/202214 minutes, 50 seconds
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New Chancellor Hunt Reverses Tax Cuts and Long-Term Support For Energy Bills

Check out my new training to help you get control of your finances and learn how to build real wealth in 28 days! Click to join: https://bit.ly/3isugCr Newly appointed Chancellor, Jeremy Hunt MP, has ripped up his predecessor’s doomed mini budget after replacing Kwasi Kwarteng MP on Friday.  Wholesale government borrowing interest rates have stabilised after Mr Hunt steadied the ship and restored confidence in the ‘markets’, which have now factored in an interest rate peak next May of just over 5%. SCRAPPED INCOME TAX  Jeremy Hunt ditched the plan to cut the basic rate by 1p from April. Planned cut to corporation tax. ENERGY BILLS The typical household energy bill has been capped at £2,500 for the next two years. The 'guarantee' policy was estimated to cost the government over £100billion.  Now expected to be overhauled, with help targeted on the poorest after April. DUTY-FREE SHOPPING FOR TOURISTS  EASING IR35 RULES FOR SELF-EMPLOYED DIVIDEND TAX CUT  REMAINING STAMP DUTY Stamp duty was abolished under £250,000 at the mini-Budget, with first-time buyers exempt on up to £425,000. That has already taken effect, and Mr Hunt said it will stay in place. NATIONAL INSURANCE The government promised to reverse the increase to National Insurance. FINANCIAL EDUCATION FOR FINANCIAL FREEDOM Whatever you do, don’t do ANYTHING unless you are financially educated. Question: What can you do to change the economy, market or government policy? Answer: Nothing! Question: What can you do to change YOUR economy (Uconomy), your policy, your financial and money management and your earnings? Answer: EVERYTHING! With the cost-of-living crisis getting worse, there’s never been a better time to learn how to manage your money and change your financial blueprint. Check out my new training to help you get control of your finances and learn how to build real wealth in 28 days! Click to join: https://bit.ly/3isugCr   #money #business #stockmarket #property #freetraining #financialfreedom #inflation #costoflivingcrisis #moneytips #getcontroloffinances #freetraining #mortgagerates #fixedratemortgage #jeremyhunt #tax See omnystudio.com/listener for privacy information.
10/18/202213 minutes, 9 seconds
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New Government, New King – What Will This Mean To Property Investors?

In a momentous week the UK has witnessed a new incoming Prime Minster, Liz Truss, new government and team, change of housing minister and a new Head of State, King Charles III. What does this mean for property investors? Key Takeaways: Queen’s death Bank of England delays base interest rate decision on 22 September. UK interest rates were predicted to rise to 2.25%. Economy still in trouble, but Liz Truss in borrowing over £100 billion to pump more money in to boost jobs and growth. Massive infrastructure projects. Energy bills capped. Green levies halted. Move away from obsession with everything going ‘green’? HMO and SA landlords will be pleased to hear that bills are being capped. Will we see any changes to renters reform or legislation on EPCs? Mortgages are becoming more difficult to obtain and rates are going up. Investors looking to the north for higher yields – 7 to 10%. In my book, Borrow and Grow Rich, I show you how the wealthy have used OPM (other people’s money) to create huge fortunes for centuries. Borrow and Grow Rich is available now - https://www.amazon.co.uk/BORROW-GROW-RICH-USING-PEOPLES/dp/B09PHH7KK5/ref=sr_1_1?keywords=borrow+and+grow+rich&qid=1662904207&sr=8-1 What can you do transform your finances and become financially free? To help you get through this and come out stronger at the other end I have prepared a brand-new training, which you can access right now from the comfort of your home. Check out my new training to help you get control of your finances and learn how to become financially free in 28 days! Click to join: https://bit.ly/3isugCr Claim your free Wealth Accelerator Discovery Call with me: https://calendly.com/charleskelly/wealth-accelerator-discovery-call FREE TRAINING – PROPERTY SECRETS FOR BEGINNERS! This Beginner Property Investing Secrets free training webinar is designed by the industry’s top investing trainers to bring you valuable content; providing you with the tools to successfully invest in buy-to-let properties, raise finance and build a mighty portfolio from the ground up. Live training Wednesday at 7pm UK time. CLICK TO JOIN THE LIVE ONLINE EVENT  https://bit.ly/3DlSlCL  #freetraining #inflation #business #money #savemoney #buytoletinvestor #propertyinvestor #mortgages #secondincome #financialfreedom #economy #money #rentalproperty #buytolet #investing #property #houseprices #queen #kingcharles #HMOlandlords #bankofengland #interestrates #investing See omnystudio.com/listener for privacy information.
10/13/202222 minutes, 19 seconds
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Energy Crisis - Government announce £150b package for bills to be capped at £2,500 for typical household

The new UK Prime Minister, Liz Truss, has announced plans in the commons today to limit energy bill rises for all households for two years to help millions of people falling into hardship this winter. A typical household energy bill is to be capped at £2,500 annually until 2024. Businesses will receive support for six months. The huge support scheme could cost up to £150bn, although the total cost will depend on future wholesale fuel prices. The energy price cap - the maximum amount suppliers are allowed to charge households for every unit of energy - was been due to leap to £3,549 in October, a move which would have caused widespread fuel poverty. Under the Liz Truss scheme, the government will compensate energy firms for the difference between the wholesale price for gas and electricity they pay and the amount they can charge customers.  The government will suspend green levies - which add £150 to bills each year - which the £2,500 cap accounts for. A previously announced £400 energy bills discount for all households will go ahead. Taken together, the government said this "will bring costs close to where the energy price cap stands today". Most people’s bills are still double where they were before the Russian invasion of Ukraine, but would have soared if the price cap was lifted again next month. Why do so many people depend on government aid? The majority of working people have no savings and live month-to-month throughout their lives. Retirement planning is woefully inadequate which means millions of pensioners are dependent on the state to make ends meet. According to the DWP report in August 2019: 20 million people claiming DWP benefits. Two thirds of benefit claimants, or 13 million, are of State Pension Age. The number of people receiving State Pension has fallen to 12.6 million partly due to the retirement age being pushed back. What can you do transform your finances and become financially free? To help you get through this and come out stronger at the other end I have prepared a brand-new training, which you can access right now from the comfort of your home. Check out my new training to help you get control of your finances and learn how to become financially free in 28 days! Click to join: https://bit.ly/3isugCr Claim your free Wealth Accelerator Discovery Call with me: https://calendly.com/charleskelly/wealth-accelerator-discovery-call #freetraining #inflation #business #money #savemoney #buytoletinvestor #propertyinvestor #mortgages #secondincome #financialfreedom #economy #money #rentalproperty #buytolet #investing #property #houseprices   See omnystudio.com/listener for privacy information.
10/6/202219 minutes, 25 seconds
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Property Edition - What is Equity Release? w/ James Blair

To help you get through this and come out stronger at the other end I have prepared a brand-new training, which you can access right now from the comfort of your home. Check out my new training to help you get control of your finances and learn how to become financially free in 28 days! Click to join: https://bit.ly/3isugCr     #freetraining #inflation #business #money #savemoney #buytoletinvestor #propertyinvestor #mortgages #secondincome #financialfreedom #economy #money #rentalproperty #buytolet #investing #property #houseprices See omnystudio.com/listener for privacy information.
9/29/202247 minutes, 46 seconds
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London first time buyers will need an extra £34,500 of income on average due to rising interest rates

  Sterling crisis could drive up interest rates First time buyers are the largest buyer group in the country but they’re about to be hit with higher interest rates. Here’s what’s happening and how you can offset the rising rates. Key takeaways First time buyers, the largest buyer group in the UK with nearly 177,000 transactions so far in 2022, will need an average of £12,250 more on their income to get a mortgage based on 4% interest rates  A whopping £34,500 extra is needed in the London market, but less than £5,000 in more affordable regions Property interest among FTBs is up by 46% year on year as they drive the market from the bottom up. More than half of their enquiries for three bedroom homes and an average price 10% higher than this time last year (£269,000). FTBs are looking further afield in cheaper areas to buy a home, meaning less time spent saving up for a deposit. Zoopla data shows that 25% of first time buyers outside of London are now searching 10km or more from their home address.  Source: Zoopla Is it still cheaper to buy than rent? Comparing the cost of renting and buying, Zoopla examined whether a renter can afford to buy the home they live in. You would save an average of £200 by paying a mortgage (with a 2.5% rate) rather than renting. On a 4% interest rate, it’ll still be slightly cheaper to pay a mortgage than to rent in most places. But buying will edge into being more expensive than renting in the high value areas of London and the South of England. 5 Tips To Help First Time Buyers: 1. Broaden your search area Obvious, but makes sense if you rent in a city centre. 2. Use a government buying scheme The government has launched several first-time buyer schemes to help you get on the property ladder. The Help to Buy Equity Loan scheme is a popular choice but ends in October.  The First Homes scheme offers discounts of between 30% and 50% on new build properties to local first-time buyers and key workers. There are several other schemes that can help you get on the ladder too. 3. Team up with friends or family to get a bigger deposit Offset rate rises by coming up with a bigger deposit. Many are turning to family members or pairing up with partners or friends to get a deposit together. Use the available ISAs and tax free savings schemes to save for a deposit. Many parents and grandparents use ‘equity release’ schemes to help fund a deposit. 4. Do your homework on different types of mortgages Learn how different types of mortgages are impacted by base rate changes. Speak to a mortgage advisor. Some specialise in first time buyer mortgages, so tap into their knowledge as well as doing your own research. 5. Keep up with your local market Local housing markets all different to the national picture and you’ll be in the best position to get on the market at a good price if you know what’s happening nearby. Sterling crisis could drive up interest rates Interest rates and inflation could soar if the Pound continues to fall against the Dollar. Goldman Sachs predict that inflation could reach 20%! Energy will rise again next month, food prices are rising at more than 10% and unions are striking for higher pay deals and some want to minimum wage to go up to £15 per hour. Germany now has the highest inflation rate for 40 years. To help you get through this and come out stronger at the other end I have prepared a brand-new training, which you can access right now from the comfort of your home. Check out my new training to help you get control of your finances and learn how to become financially free in 28 days! Click to join: https://bit.ly/3isugCr     #freetraining #inflation #business #money #savemoney #buytoletinvestor #propertyinvestor #mortgages #secondincome #financialfreedom #economy #money #rentalproperty #buytolet #investing #property #houseprices See omnystudio.com/listener for privacy information.
9/22/202215 minutes, 26 seconds
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Interest Rates To Rise Again This Week by 0.75% Piling More Mortgage Misery On Homeowners

Following the Queen’s funeral, it is time to get back to the reality of the crisis we are facing in the UK. UK interest rates set to rise again this week by the biggest margin in 33 years, as pound slides against the US dollar. Sterling has fallen to a 37 year low against the US dollar, the reserve currency of the world.  This means that the UK is paying 15-20% more for imports, such as oil, on top of all the other factors causing prices to rise at the fastest rate since the early 80s.  More misery than expected for mortgage holders when the Bank of England monetary policy committee meets this week (following a delay for the Queen’s period of mourning) to set UK base interest rates. The new Chancellor Kwasi Kwarteng will announce his first mini-budget on Friday. Rates could rise by at least 0.5%-0.75% or even 1% this week. A 0.75% hike would mean that the average mortgage holder, with a loan of £138,000, will be paying an additional £728per annum (based on a variable rate loan). Whilst most mortgage holders have a fixed rate mortgage, when these deals come to an end, borrowers will suffer a steep rise in monthly payments. The days of low interest rates and cheap borrowing have come to an end for the time being.  The Federal reserve has been aggressively raising interest rates to come back inflation which has strengthened the dollar and weakened sterling and the euro.   Higher interest rates means that buy-to-let investors taking out a mortgage will need to carefully examine the viability of rental properties based on increased loan repayments. Average yields will be hit by higher mortgage costs which have doubled in many cases.  Mortgage lenders are already factoring in higher interest rates when calculating affordability and borrowing levels. Higher rates usually results in lower mortgage loans for borrowers. Businesses borrowers also face huge additional costs on top of the cost of running the businesses with higher oil and power prices. Insolvencies in England and Wales are up as thousands of businesses go to the wall. Higher interest rates and tighter monetary policies, designed to control inflation, will cause the worldwide economy to slow down. Unfortunately, low paid workers and small businesses get hit hardest as if you can survive very long during a recession.   In the last 10 years, consumers have taken on enormous amounts of cheap and plentiful debt on their homes, as well as to purchase luxury items such as cars, boats and recreational vehicles. This is all very well as long as they have income to service the debt when income slowdown people get into trouble and business for debt collectors and bailiffs starts the boom. Expect to see more repossessions of homes and cars next year. In my S.M.A.R.T money course, I always stress that borrowing to buy consumer goods - which go down in value - is a bad idea.   Now is the time to prepare for the economic winter ahead. Get your house in order and fasten your seatbelts for a rough ride ahead.  When times are good, and borrowing is cheap everyone buys more on credit and the economy expends. But the cycle never lasts, as we cannot keep on borrowing and creating money out of thin air forever…It hasn’t worked in the past and it will not work now. The party is over! Inflation is running out of control, which means the central banks will have to tighten monetary policy and pull back the reins on the economy – slow down the economy causing a recession.  Now is the time to learn how to manage your money and prepare for the financial winter. Do you have any savings? Do you know how to invest or where to invest your money to build financial freedom? For how long could you pay your bills if you lost your job? Are you fed up struggling? What can you do transform your finances and become financially free? To help you get through this and come out stronger at the other end I have prepared a brand-new training, which you can access right now from the comfort of your home. Claim your free Wealth Accelerator Discovery Call with me: https://calendly.com/charleskelly/wealth-accelerator-discovery-call #freetraining #business #money #savemoney #buytoletinvestor #propertyinvestor #mortgages #secondincome #financialfreedom #economy #money #rentalproperty #buytolet #investing #property #houseprices #NRLA #rentalproperty #rentcontrol #inflation See omnystudio.com/listener for privacy information.
9/21/202212 minutes, 26 seconds
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OFCOM Has Hiked the Energy Cap

UK regulator, OFCOM, has hiked the energy cap which means average UK household energy bills are set to rise by up to 80% from 1 October.  The Government has announced that all households in England, Scotland and Wales will receive £400 to help with rising fuel bills this autumn. The payment will appear as a credit on your energy bill. Landlords who include utility bills in houses in multiple occupation will still be eligible for these payments.  See also: 100,000 Join ‘Don’t Pay’ group  YouTube episode -  https://youtu.be/L2yOcmIFxDw The increased outgoings could also affect how much you will be able borrow to buy your home. Here are some changes to mortgage affordability calculations made by lenders that you need to be aware of if you are applying for a mortgage home loan in the UK. Recent changes means lenders will add another layer to mortgage affordability checks used to calculate how much they can lend to borrowers. In future, they will not just look at your income but will also take into account at all of your outgoings, which means you may not be able to borrow as much as you need.  Lenders are expected to amend the rules for benefit claimants to allow them to have their benefit payments assessed as part of the mortgage application.   House sales peak in July HMRC figures show but buyers are cautious Following the recent Halifax report, official figures show that more homes were sold in the UK in July than in any other month this year, but agents report that buyers are showing more caution. Due to cost-of-living pressures and lower mortgage advances, buyers are increasingly negotiating for a lower price. HM Revenue and Customs data showed that 110,970 properties were sold in the UK during the month - the highest since September. Consistent monthly sales of around 100,000 this year show that demand remains comparatively strong, but there are signs that the squeeze on budgets caused by rising prices and bills were having an effect. Sales in July were still 33% higher than the same month last year and 7.2% higher than June, HMRC said. Nathan Emerson, chief executive of the estate agents' trade body Propertymark, told the BBC: "These figures show the housing market remains stable with transactions up month-on-month, year-on-year and well above pre-pandemic levels. "The cost of living is still rising and we are seeing evidence of buyers negotiating harder, bringing price increases down. But our data from member agents shows the demand remains strong and that there with not enough stock to go round with the number of new potential buyers seven times higher than new homes coming to the market." US President Joe Biden is cancelling billions of dollars of federal student loans.  Mr Biden has just announced he will cancel up to $10,000 (£8,500) in federal student loans for millions of Americans who earn less than $125,000 each year. The cost is expected to exceed $300 billion and further add to the multi-trillion dollar US debt mountain. Generate a second income stream… Find out more about property investing – even if you have no money. You can learn the secrets of professional property investors who have built huge portfolios with other people’s money. FREE TRAINING – BEGINNERS PROPERTY SECRETS This Beginner Property Investing Secrets free training webinar is designed by the industry’s top investing trainers to bring you valuable content; providing you with the tools to successfully invest in buy-to-let properties, raise finance and build a mighty portfolio from the ground up. Live training Wednesday at 7pm UK time. CLICK TO JOIN THE LIVE ONLINE EVENT  https://bit.ly/3DlSlCL The economy is in winter, but winters are tough but they never last forever. Like the farmer who prepares for the next season’s work, now is the time get ready and come out even stronger when the recession ends. To help you get through this and come out stronger at the other end I have prepared a brand-new training, which you can access right now from the comfort of your home. Check out my new training to help you get control of your finances and learn how to become financially free in 28 days! Click to join: https://bit.ly/3isugCr   #property #freetraining #propertysecrets #money #banks #savemoney #buytoletinvestor #propertyinvestor #energy bills #mortgagesSee omnystudio.com/listener for privacy information.
9/15/202217 minutes, 48 seconds
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7 Inflation Busting Tips As UK Inflation Hits 10.1%, A New 40-Year High, Food Costs Soar 14% And Wages Fall Behind Cost Of Living

Food costs are rising by over 14% which has helped push UK inflation into double digits for the first time since 1982.  Prices are now rising at their fastest rate for more than 40 years. Official inflation rates reach 10.1% in the 12 months to July, up from 9.4% in June, the Office for National Statistics (ONS) said. Soaring living costs are eating into family household budgets, with prices rising faster than wages for the last decade. The Bank of England has predicted that inflation will peak at 13% this year – having previously claimed it was “temporary” and would start to fall this year – and admitted that the country was heading towards a recession. The price of energy, petrol and diesel costs are contributing to inflation, say the ONS, as well as staples such as bread, cereals, milk, cheese and eggs rising the fastest, while the cost of vegetables, meat and chocolate were also higher.  In short, the cost of just about everything a family needs is going through the roof. But housing and mortgage costs are also hitting pockets, especially as fixed rate mortgages expire and cause a nasty shock when they jump in price. What can you do to avoid the recession? What will you do to survive and even thrive in this recession? Here are my 7 inflation-busting tips: Loyalty cards and money saving and rewards websites can save you thousands Maximise your returns on savings and investments  Clear credit card debts as fast as you can or transfer to interest free offers Abandon ‘brand loyalty’ for better deals on similar products and services Get control of your finances and stop spending more than you earn EARN more, generate more cashflow with a side hustle or property business  Invest in yourself, upgrade your skills and earning potential and power! The economy is in winter, but winters are tough but they never last forever. Like the farmer who prepares for the next season’s work, now is the time get ready and come out even stronger when the recession ends. To help you get through this and come out stronger at the other end I have prepared a brand-new training, which you can access right now from the comfort of your home. Check out my new training to help you get control of your finances and learn how to become financially free in 28 days! Click to join: https://bit.ly/3isugCr #money #business #stockmarket #property #foodprices #freetraining #financialfreedom #inflation See omnystudio.com/listener for privacy information.
9/9/202221 minutes, 17 seconds
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Halifax Report First UK House Price Fall In Over A Year As UK Economy Shrinks In Second Quarter

UK house prices suffer their first drop in a year according to figures compiled by Britain’s biggest lender. Average property worth £293,221 Annual growth strongest in Wales at 14.7% UK Economy shrinks and heads into recession Average UK house prices dipped slightly in July 2022 for the first time in over a year, according to property market data from Halifax, part of the Lloyds banking group. The lender’s house price index revealed that price growth slowed by 0.1%, or £365, month-on-month since June, valuing an average UK home at £293,221. The annual rate of house price growth eased to 11.8%, down from 12.5% last month. This month, separate house price data from the Nationwide building society and Zoopla also indicated a slight slowdown of the UK’s property market. Last week I reported that HMRC property transactions data for June shows there were 96,920 sales, on a non-seasonally adjusted basis, the third slowest June for a decade and down 4% on June 2019. Sales are down 55% compared with 2021 and on a monthly basis down 3.1%, according to the HMRC data based on stamp duty submissions. Watch video version - https://youtu.be/Q4ycEfF7ER4 Bank of England rate rises for the sixth time in seven months to 1.75% are making mortgages more expensive, which means lenders are reducing borrowing levels. Halifax said that price gains for larger properties are noticeably outpacing those for lower homes. The price of a detached house has jumped by 15.1%, the equivalent of £60,860, over the past year, compared to a rise of just 7.7% (£11,962) for flats. Wales topped the table in July with annual inflation up by 14.7%, valuing an average property in the principality at £222,639. This was followed by the south west of England (up by 14.3%) and Northern Ireland (up by 14%). London again recorded slower annual house price growth compared with other parts of the UK, although 7.9% was the capital’s largest increase in five years. Russell Galley, Halifax’s managing director, said: “Looking ahead, house prices are likely to come under more pressure as market tailwinds fade further and the headwinds of rising interest rates and increased living costs take a firmer hold.” Housing sales expectations are now at their lowest level since March 2020, experts have revealed. Sales expectations for the coming 12 months have fallen 36% in July, down from June’s 21%, according to a survey conducted by the Royal Institution of Chartered Surveyors (RICS) before the Bank of England last week announced its biggest rate hike since 1995. Britain’s housing market, like that in many other rich nations, boomed during the pandemic as people sought more space to work and socialise at home. However, a quarter of property professionals now report new buyer enquiries falling in July, the third month in a row of an overall decline. Contributing factors include higher interest rates and the cost-of-living crisis, which affects affordability and confidence. Half of estate agents reported that average selling prices are no longer exceeding asking prices for properties worth up to £500,000 and vendors properties priced at £1m or more are forced to accept lower offers. Only 39% say average sales prices of properties £500,000 to £1m are over asking price. Open House South Herts is advertising property deals in the north of the UK from just £30,000 asking price with yields of between 10 and 15%. – see https://www.facebook.com/estateagentswatfordelstreeandborehamwood UK economy shrinks Q2 as recession looms The UK economy officially shrank between April and June as the Bank of England predicts the country will fall into recession later this year. The economy or GDP contracted by 0.1% in the second quarter of the year, the Office for National Statistics (ONS) reports, but is not yet in recession because it grew by 0.8% in the first quarter. A recession is defined as the economy getting smaller for two consecutive three-month periods. The US economy has declined in the first two quarters, but is not officially in recession by their measures. Banks not passing on interest rate rises to savers! See: video  - https://youtu.be/5Z1DVXkCcfo to see what can you do to make more of your savings. Make your money work harder for you…See: 6 Tips to get on the property ladder - https://youtu.be/F4spqKpYZo4 Learn how to get started as a first-time property buyer. A slowdown in the property market means more opportunities for buyers and investor! Find out more about property investing. You can learn the secrets of professional property investors who have built huge portfolios with other people’s money. FREE TRAINING – BEGINNERS PROPERTY SECRETS This Beginner Property Investing Secrets free training webinar is designed by the industry’s top investing trainers to bring you valuable content; providing you with the tools to successfully invest in buy-to-let properties, raise finance and build a mighty portfolio from the ground up. Live training Wednesday at 7pm UK time. CLICK TO JOIN THE LIVE ONLINE EVENT  https://bit.ly/3DlSlCL #property #freetraining #propertysecrets #money #banks #savemoney #buytoletinvestor #propertyinvestor See omnystudio.com/listener for privacy information.
9/2/202216 minutes, 22 seconds
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UK Property Talk – Learn how the rich legally avoid billions in tax and protect their assets from HMRC

Interview with Milan Patel of Customized Financial Solutions taking a holistic approach to tax including: Inheritance Tax Planning Wills and Trusts Company incorporation S.24 House prices have soared in the last few years, which means many of you will be paying unnecessary tax and passing on a huge tax burden to your children and grandchildren. Watch YouTube video - https://youtu.be/mo9ocdg7bQA Contact details for Milan Patel at Customized Financial Solutions LinkedIn: https://www.linkedin.com/in/stampdutyreclaimlondon/ Facebook: https://www.facebook.com/customizedfinance/ Website: www.customizedfinancialsolutions.com House sales peak in July HMRC figures show but buyers are cautious More homes were sold in the UK in July than in any other month this year, official figures show, but agents say buyers are becoming more cautious. Obtain up to 14% yield on UK buy-to-let property.   Auction Property Bargains From Open House South Herts 2 Bed House - £36,000 4 Bed Buy-to-Let Rented House £59,000 https://www.facebook.com/estateagentswatfordelstreeandborehamwood Generate a second income stream… Find out more about property investing – even if you have no money. You can learn the secrets of professional property investors who have built huge portfolios with other people’s money. FREE TRAINING – BEGINNERS PROPERTY SECRETS This Beginner Property Investing Secrets free training webinar is designed by the industry’s top investing trainers to bring you valuable content; providing you with the tools to successfully invest in buy-to-let properties, raise finance and build a mighty portfolio from the ground up. Live training Wednesday at 7pm UK time. CLICK TO JOIN THE LIVE ONLINE EVENT  https://bit.ly/3DlSlCL The economy is in winter, but winters are tough but they never last forever. Like the farmer who prepares for the next season’s work, now is the time get ready and come out even stronger when the recession ends. To help you get through this and come out stronger at the other end I have prepared a brand-new training, which you can access right now from the comfort of your home. Check out my new training to help you get control of your finances and learn how to become financially free in 28 days! Click to join: https://bit.ly/3isugCr #freetraining #propertysecrets #money #banks #savemoney #buytoletinvestor #propertyinvestor #mortgages #secondincome #financialfreedom #economy #money #rishisunak #rentalproperty #buytolet #investing #property #houseprices #tax #inheritancetax #IHT #royalfamily #princecharles #princeharry #queenmother #dukeofwestminster #Willsandtrusts #Trust #taxplanning #georgesoros #lewishamilton #starbuckstax  See omnystudio.com/listener for privacy information.
8/31/202235 minutes, 47 seconds
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Energy Crisis – 100,000 join ‘don’t pay’ group - what should you do to avoid credit rating suicide?

As energy bills are predicated to reach £4,000 per household and campaigners like Martin Lewis call for government action to stave off a national crisis, 100,000 people are threatening to cancel their bank direct debit payments to companies like EDF and British Gas. A campaign group, dontpay.co.uk, has almost 100,000 signatures of people who say they will refuse to pay their energy bills or cancel their direct debit mandate from October. Don’t damage your credit rating Things to remember before you cancel payment plans: You have a contract Energy companies can issue late payment notices to credit referencing agencies and forcibly enter your property to instal a pre-payment meter. Risk of CCJ – County Court Judgement Poor credit history can last for 6 years. If you fall behind it will be difficult to catch up and pay the debt. Don’t Pay’s ‘plan’: “The Plan: It's simple: we are demanding a reduction of energy bills to an affordable level. Our leverage is that we will gather a million people to pledge not to pay if the government goes ahead with another massive hike on October 1st.Mass non-payment is not a new idea, it happened in the UK in the late 80s and 90s, when more than 17 million people refused to pay the Poll Tax – helping bring down the government and reversing its harshest measures.” Why this so-called plan is reckless and misleading. Other news US inflation drops slightly to 8.5% Mortgage affordability rules relaxed by Bank of England UK will fall into recession this year and inflation will hit 13% say BoE UK interest rates hiked last week by 0.5% (biggest jump in 27 years) to 1.75% Banks not passing on the last 5 interest rate rises to savers! See: video  - https://youtu.be/5Z1DVXkCcfo to see what can you do to make more of your savings. Make your money work harder for you…See: 6 Tips to get on the property ladder - https://youtu.be/F4spqKpYZo4 Learn how to get started as a first-time property buyer. Open House South Herts is advertising property deals in the north of the UK from just £30,000 asking price with yields of between 10 and 15%. – see https://www.facebook.com/estateagentswatfordelstreeandborehamwood A slowdown in the property market means more opportunities for buyers and investor! Find out more about property investing. You can learn the secrets of professional property investors who have built huge portfolios with other people’s money. FREE TRAINING – BEGINNERS PROPERTY SECRETS This Beginner Property Investing Secrets free training webinar is designed by the industry’s top investing trainers to bring you valuable content; providing you with the tools to successfully invest in buy-to-let properties, raise finance and build a mighty portfolio from the ground up. Live training Wednesday at 7pm UK time. CLICK TO JOIN THE LIVE ONLINE EVENT https://bit.ly/3DlSlCL   NO MONEY DOWN VIRTUAL TRAINING WEBINAR Virtual event - No Money Down Property seminar. Click to register as places are strictly limited. No Money Down isn't as difficult as you may believe... If you want to take the next steps and take advantage of the opportunities that have opened up to you in the past few weeks (massive increase in probate deals, the tsunami of pre-repossession lease options that are available right now and tenant buyer Rent2Own demand at an all time high due to inflation pricing the masses out of the market just to name a few), then join this free virtual training…   #property  #propertyinvestment #firsttimepropertybuyer #interestrates #freepropertytraining #mortgages #interestratehike        See omnystudio.com/listener for privacy information.
8/26/202215 minutes, 33 seconds
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Bank of England Raise Rates by 0.5%, as UK heads towards recession

The UK is heading into recession say BoE, and Inflation set to hit 13% this Autumn  Mortgage affordability rules relaxed by the Bank of England The Bank of England (BoE) has raised rates by 0.5 percentage points to 1.75%. The news marks the biggest UK interest rate rise in 27 years. This is the BoE’s latest attempt to calm soaring inflation levels, which are expected to reach 13% by the end of the year as the UK faces the biggest squeeze on living standards in 60 years. Property transactions are already down 55% on 2021 - https://youtu.be/Q4ycEfF7ER4 Interest rate rises should be good news for savers, right? High street banks should pass on interest rate rises to savers? But do they? As at 30 June, despite five rate changes since the middle of December, lots of high street banks' rates have hardly moved and many have stayed where they were before the rate hikes started. The average market rate for instant access accounts is just 0.31%. Millions of savers are facing more time stuck earning almost nothing on money held in instant and easy-access bank accounts. So, what can you do to make more of your savings? This article isn’t personal advice. If you’re not sure what’s right for your circumstances, seek advice. Look further than your high street bank Well-known banks often pay the lowest rates. Some of the large high street banks currently only offer 0.2% on their instant access accounts. That’s just £20 interest on a £10,000 savings pot after a whole year. In reality, the big banks don’t need to work as hard for your money and don’t really care as much as smaller banks and building societies who will offer more attractive rates to attract your money.  Protect your savings. If you have more than £85,000 in cash with different banking brands under the same licence, it could be sensible to move your savings elsewhere, to maximise your protection under the FSCS. Use fixed terms Fixing your savings for a set term will increase your returns. Alternatively, invest in real assets like property. See: 6 Tips to get on the property ladder - https://youtu.be/F4spqKpYZo4 Learn how to get started as a first-time property buyer. Open House South Herts is advertising property deals in the north of the UK from just £30,000 asking price with yields of between 10 and 15%. – see https://www.facebook.com/estateagentswatfordelstreeandborehamwood A slowdown in the property market means more opportunities for buyers and investor! Mortgage affordability rules relaxed by Bank of England The UK mortgage borrowing rules have been changed after the Bank of England scrapped an affordability test for lenders. The so-called "stress test" required mortgage lenders to calculate whether borrowers applying for a mortgage would be able to afford the loan in the event of interest rates rising by up to 3%. The removal the test could be good news for some potential borrowers, for instance, the self-employed or freelance workers, by helping them to qualify for loans. Other rules, such as strict loan-to-income limits, will not make it more difficult for most people to obtain a mortgage. The withdrawal of the affordability test, first announced in June, came into effect on Monday. There will be no immediate impact for borrowers as lenders will not need to change the way they assess loans, but some could change their own rules in the future. The mortgage affordability test was introduced in 2014 as part of a widescale tightening up of the mortgage market to ensure there were no repeats of the mis-selling scandal that partially contributed to the 2008 financial crisis. Lenders had to not only work out if borrowers could afford a mortgage at the rate they were being offered, but also work out how they would be affected if interest rates soared by 3%. Borrowers who could not prove they could cope with such an eventuality might have been turned down for a loan on that basis, even if they could easily afford a mortgage at the existing rate. For that reason the test was seen by some as a barrier for some borrowers. For example, some potential first-time buyers who have been comfortably affording rents far higher than potential mortgage payments have failed affordability assessments. There are some key protections in place to help ensure that borrowers don't take on loans they may not be able to afford. The main one is a loan-to-income "flow limit" which limits the number of mortgages that lenders can grant to borrowers at ratios at or greater than 4.5 the borrowers' salary. In short, it is very rare that a lender will consider a higher loan-to-income ratio because of the restriction. The FCA's Mortgage Conduct of Business responsible lending rules also require a wide assessment of affordability. Find out more about property investing. You can learn the secrets of professional property investors who have built huge portfolios with other people’s money. FREE TRAINING – BEGINNERS PROPERTY SECRETS This Beginner Property Investing Secrets free training webinar is designed by the industry’s top investing trainers to bring you valuable content; providing you with the tools to successfully invest in buy-to-let properties, raise finance and build a mighty portfolio from the ground up. Live training Wednesday at 7pm UK time. CLICK TO JOIN THE LIVE ONLINE EVENT  https://bit.ly/3DlSlCL See omnystudio.com/listener for privacy information.
8/19/202218 minutes, 52 seconds
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6 Tips To Get On The Property Ladder

Open House South Herts is advertising property deals in the north of the UK from just £30,000 asking price with yields of between 10 and 15%. – see https://www.facebook.com/estateagentswatfordelstreeandborehamwood A slowdown in the property market means more opportunities for buyers and investor! You can learn the secrets of professional property investors who have built huge portfolios with other people’s money. FREE TRAINING – BEGINNERS PROPERTY SECRETS This Beginner Property Investing Secrets free training webinar is designed by the industry’s top investing trainers to bring you valuable content; providing you with the tools to successfully invest in buy-to-let properties, raise finance and build a mighty portfolio from the ground up. Live training Wednesday at 7pm UK time. CLICK TO JOIN THE LIVE ONLINE EVENT https://bit.ly/3DlSlCLSee omnystudio.com/listener for privacy information.
8/12/202211 minutes, 55 seconds
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Banks Ripping Off Customers, As Millions Move Money Into Property

In today’s Money Tips Podcast: Banks short-changing savers Investors turn to property for better returns Walmart issues profit warning as ordinary people in America struggle with cost-of-living crisis. Property prices are falling according to official figures. High Street UK banks, like Natwest, have failed to pass on several Bank of England base lending rate rises to millions of savers. Base rates have been steadily rising from a low of 0.10% in October 2021, which banks have not passed on to savers. At the same time, they are INCREASING interest rate for borrowers who owe money on their already expensive credit cards. NatWest has just announced a 2.5% increase on their credit card from 15.756 to 18.276, an effective increase of 15%. The current UK base lending rate is 1.25%. Credit card companies were charging similar rates when base rats were over 10%, which means they are profiteering from people’s misery. Meanwhile, banks leaving millions of savers out of pocket in accounts paying almost ZERO interest – which means their savings are LOSING 9.4% (the official UK inflation rate) every year. Savers should vote with their feet and move their money to obtain better deals – if they can find a local branch! Years of artificially low interest rates have pushed millions of investors into buy-to-let property, where the can receive much higher income, as well as growth on their capital. Open House South Herts is advertising property deals in the north of the UK from just £30,000 asking price with yields of between 10 and 15%. – see https://www.facebook.com/estateagentswatfordelstreeandborehamwood Banks are closing hundreds of branches all over the country as the reset to cash continues against people’s wishes. Older customers will struggle to get to branches and many do not use, or want to use, complicated online banking systems. Many old bank branch buildings, such as this on in Loughton, Essex, are huge with much of the space no longer required and can easily be converted into flats, shops, restaurants or other mixed usage. Mortgage rates have also jumped in the last year adding significantly to the cost of buying a home. For instance, a 2% increase on a £200,000 mortgage will cost borrowers an additional £4000 per annum or £333pm. On a £250,000 loan, the extra cost is £5000 a year or £416pm. Most lenders will take this additional burden into account when working out the affordability test and adjust the borrowing level downwards. In other words, the borrow must put down a higher deposit or pay less for a property. Walmart issues profit warning as ordinary people in America struggle with cost-of-living crisis. IMF calls on central banks to raise interest rates further – this will drive the world into a recession. Property prices are falling according to official figures.  See omnystudio.com/listener for privacy information.
8/5/202223 minutes, 36 seconds
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No deposit 100% Mortgages and 10 X Income Borrowing are Back

Prior to the 2008 financial crash lenders were routinely giving out 100% and even 125% mortgages, self-certification mortgages with no income checks and up to 10 times income multiples.    This all changed after 2008 when several lenders went bust and the government had to bail out High Street banks in the UK such as Lloyds and RBS, which owned NatWest.   But it was not 100% or even self-certification mortgages that got lenders into trouble. Lenders such as northern rock decided to expand into commercial lending which was outside of their experience and comfort zone.   Subprime lending, or giving mortgages to people with poor credit history, previous arrears and even bankruptcy, also cause massive problems for American investment banks who sold derivatives of these products as triple AAA security.     The vast majority of the actual loans were still being paid in the UK.   Lenders also branched out into buying up estate agencies and other businesses which was a big mistake since they paid far too much for these businesses.   But could we be witnessing a return to more adventurous lending?   Well, that remains to be seen. There has been talk of new lenders, like Propertunity, coming into the market offering 100% no deposit mortgages, but so far they have not launched any product on the market.   Check out: https://www.proportunity.com/blog/zero-deposit-mortgage   We also need to find out more details about the loan terms and the interest rates.    It appears to be some kind of 90% initial loan with a top up loan, similar to a help to buy loan that was offered by the government.   What we don’t know is whether this loan is just an interest only loan or involves a share of the equity in the property.   There are also schemes out there offering 10 times income and minimal credit checks, but these appear to be rent-to-own schemes rather than traditional mortgages.   As always, take legal independent financial advice before entering into any credit agreement   Inflation rises to 9.4%, the ninth monthly rise in a row.    Inflation will peak at 11% in the autumn say the Bank of England, which is inside an imminent 0.5% interest rate rise.    The ECB have just hiked interest rates for the first time in over a decade.    Public sector workers are threatening strikes, with unions complaining that a 5% pay rise will not keep pace with rising costs.    Overall, figures show that pay is falling behind the cost of living making the average person poorer.    Mortgages rates have gone up by around 300%.    Whilst most people are on fixed rates, those rates will eventually expire.     The problem for borrowers at the lower income scale is that they may not qualify for certain rates due to affordability tests.      I wish I could give a less gloomy outlook on the economy, but it is not looking too rosy at the moment.   When the country in recession or downturn property prices fall. However, I have seen high inflationary times when properties went up in line with inflation. Right now property is rising faster than the official inflation rate (13% annually), but how long can this continue in the current financial squeeze?   See previous episodes:   4 tips to save money in property letting and development - https://youtu.be/CM22xqmh3Pg Big changes in private rented sector, leaseholds & property ads - https://youtu.be/SeOA_zMqaIY Get cheaper property and higher yields up north Obtain up to 14% yield on UK buy-to-let property.   Auction Property Bargains From Open House South Herts 2 Bed House - £36,000 4 Bed Buy-to-Let Rented House £59,000 More deals at: https://www.facebook.com/estateagentswatfordelstreeandborehamwood #economy #propertybargains #auctionproperty #money #buytolet #rentalproperty #buytolet #investing #property #houseprices #nodepositmortgage #100%mortgage See omnystudio.com/listener for privacy information.
8/4/202215 minutes, 32 seconds
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Inflation climbs to 9.4%, the ninth monthly rise in a row as Tesla dumps Bitcoin

Inflation hits 9.4% and will peak at 11% in the autumn say the Bank of England, which has hinted at an imminent 0.5% interest rate rise.  The ECB have just increased interest rates by 0.5% to zero for the first time in over a decade. Rates have been negative since 2014. Public sector workers are threatening strikes, with unions complaining that a 5% pay rise will not keep pace with rising costs.  Overall, figures show that pay is falling behind the cost of living making the average person poorer.  Mortgages rates have gone up by around 300%.  Whilst most people are on fixed rates, those rates will eventually expire.   The problem for borrowers at the lower income scale is that they may not qualify for certain rates due to affordability tests.    Watch video on YouTube - https://youtu.be/aRpFGTJqlUE Who will be the next UK PM? I wish I could give a less gloomy outlook on the economy but it is not looking too rosy at the moment. One possible bright light on the horizon is the change of leadership and government in the UK following the forced resignation of Boris Johnson. The final two candidates for the prime minister job are former Chancellor Rishi Sunak and Foreign Secretary Liz Truss.   Liz Truss is currently ahead in the polls and id she becomes the new prime minister she will cut taxes, increase spending and take measures to encourage economic growth.   Whilst this will mean deferring the UK’s £2 trillion debt reduction, it will provide a much needed boost to the economy and create more tax revenue. I believe the UK is due for a shift in economic policy and that Liz Truss is the right person to lead the country.   Tesla dumps Bitcoin Tesla has now sold off most of its holdings of the cryptocurrency. The firm has dumped 75% of its Bitcoin, which was worth about $2bn (£1.7bn) at the end of 2021. It is backing away as the value of the cryptocurrency has plunged, falling by more than 50% this year. Tesla said it bought traditional currency with the $936m (£782m) from its Bitcoin sales. Tesla boss Elon Musk has been among the most high profile champions of cryptocurrency, with his pronouncements on social media often driving significant trading activity. Tesla's $1.5bn investment in Bitcoin, revealed in February 2021, prompted a surge of demand in the currency. The price of the notoriously volatile cryptocurrency soared last year to almost $70,000 in November before crashing. One Bitcoin trades for less than $25,000. Musk previously said he would not sell any crypto, but now needs cash. Tesla shares have plunged almost 40% this year. Learn how to create wealth and buy and control property using other people’s money! Claim your free Wealth Accelerator Discovery Call with me: https://calendly.com/charleskelly/wealth-accelerator-discovery-call #free #economy #wealth #money #property #cryptocurrency #tesla #elonmusk #bitcoin #inflation #interestrates #liztruss #borisjohnson #rishisunak #makemoney #bankofengland #ecbinterestrates #freewealthcoachingcall #coaching #mortgagerates See omnystudio.com/listener for privacy information.
7/29/202216 minutes, 57 seconds
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UK economy grew by 0.5% in May Surprising Economists

UK economy rebounded in my growing by 5% going to ONS figures.    Most areas of the economy expanded including construction, travel and manufacturing.    But business leaders are still concerned about the rising cost of raw materials, as well as fuel and gas. Inflation is set to hit 11% and is soaring around the world.     US inflation has hit 9.1% prompting fears of another interest rate rise by the Fed this summer.    The Conservative Party is voting to elect a new leader following the resignation of Boris Johnson.   Most of the candidates promise to increase spending and cut tax. However, the bookies favourite for the next PM, former Chancellor Rishi Sunak, has urged more caution in order to pay off the deficit and reduce inflation. Rishi Sunak increased corporation tax, which is the tax on business profits.   Tax cuts needed to keep us from falling into recession, stimulate growth and long-term prosperity.   The new government and Chancellor must slash corporation tax to 15% to encourage more inward investment into the UK.     Most leaders want to cut bureaucracy and the size of government, but this seldom happens. There are now more civil servants in the world in 2016 and the state is still growing.     Half the working population in the UK is directly or indirectly employed by the government, which means they are funded by taxpayers and companies paying corporation tax.      More signs of cracks in China’s economy?   The BBC reports that authorities in China's Henan province will start releasing money to customers who have had their funds frozen by several rural banks. The announcement came just a day after a rare protest in Henan's capital, Zhengzhou, turned violent. The four banks that were the focus of the protests are believed to have frozen a total of 39bn yuan ($5.8bn; £4.9bn) of deposits. One of China’s many debtor nations, Sri Lanka, is broke and has falling into chaos as the government falls and people queue for fuel and gas tanks.     I recently heard an Interview with Chris Blackwell of Island records, regarded as one of most influential record executives of all time.   Chris helped launched the careers of the likes of Bob Marley, Roxy Music, Free and U2.    When asked how he knew that reggae and ska music would become so big Chris replied that he wasn’t thinking along those lines at all. All he was trying to do was make a good record and help people build a career in music.    Interesting how he wanted to give, not get, and is now worth $300 million!    Mick Jagger and the Rolling Stones are not only a great band, they also know how to run their business empire making the extremely wealthy.   Ronnie Wood – US$200 million. Charlie Watts – US$250 million. Keith Richards – US$500 million. Mick Jagger – US$500 million. The Rolling Stones did a concert tour to celebrate and increase the group's fortune, which is estimated by FOXBusiness at $1.45 billion. Rolling Stones are celebrating 60 years in the business and have been one of most successful end enduring rock bands of all time   For the first decade of the band Mick Jagger said he left the business side of things to managers, which was a mistake. They ended up in financial trouble having not paid the correct amount of tax.    The band made a decision to move out of the UK, which at the time had a tax rate up to 98%, to avoid going broke. Lack of attention to tax is a common cause of music and film stars going bankrupt, as I cover in my book Yes, Money Can Buy You Happiness.   Mick then took over the business side of running the group and has never looked back.    Mick is a very astute businessman and likes to keep control of every aspect of the banned from putting the show together to making sure they minimise their tax bill.      I once had a ticket to a concert of theirs which was cancelled because it would’ve meant them paying too much UK tax.   It is also known that Mick’s house in Richmond was held in an offshore company.   Earn more than you spend and invest to grow your own ‘u’conomy’. Saving alone will not save you from a bleak retirement.   Obtain up to 14% yield on UK buy-to-let property.   Auction Property Bargains From Open House South Herts 2 Bed House - £36,000 4 Bed Buy-to-Let Rented House £59,000 https://www.facebook.com/estateagentswatfordelstreeandborehamwood #economy #china #money #borisjohnson #rentalproperty #buytolet #investing #property #houseprices #mickjagger #rollingstones #chrisblackwell #rishisunak #srilanka #bobmarley #U2  See omnystudio.com/listener for privacy information.
7/21/202225 minutes, 1 second
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4 Tips to Save Money in Property Letting and Development

4 Tips to Save Money in Property Letting and Development   Get a good property tax accountant and save a fortune Join discount purchasing clubs such as LNPG - https://www.lnpg.co.uk/ Networking Shop around for lower cost management and letting fees   China’s economy contracts 2.5% while UK grew .5% last month   Where are property prices going?   Watch video version - https://youtu.be/CM22xqmh3Pg   Get cheaper property and higher yields up north   Obtain up to 14% yield on UK buy-to-let property.   Auction Property Bargains From Open House South Herts 2 Bed House - £36,000 4 Bed Buy-to-Let Rented House £59,000 https://www.facebook.com/estateagentswatfordelstreeandborehamwood #economy #china #money #borisjohnson #rentalproperty #buytolet #investing #property #houseprices #mickjagger #rollingstones #chrisblackwell #rishisunak #srilanka #bobmarley #U2    See omnystudio.com/listener for privacy information.
7/20/202217 minutes, 24 seconds
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UK House Prices Continue To Rise Despite Global Economic Slowdown

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7/14/202215 minutes, 29 seconds
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Big Changes for the Private Rented Sector, Leaseholds and Property Adverts, as UK prices continue to rise

In this episode of UK Property Talk: UK property prices still rising despite global economic slowdown. Rightmove, the online property listing portal, confirms its compliance with new listing guidelines to include more information on each property. Rightmove portal details for properties will include:- Cost of any service charge and ground rent. Details of any shared ownership arrangement.  Sale price - no longer “POA”. Other changes that affect sales and lettings, including council tax bands. Any information missing from a listing will be highlighted and potential buyers will be redirected to the agent. Rightmove has also introduced new ‘tool tips’ and a glossary of terms. Other Updates New Rules on unfair Leases and Ground rents Boris announces plans to sell off Housing Association properties. Lifelong mortgages. UK government’s ‘levelling up’ measures will involve letting agents directly include a national landlord register, a 'decent homes standard' and abolishing Section 21. By 2030, more renters will have a secure path to ownership with the number of first-time buyers increasing in all areas; and the government’s ambition is for the number of non-decent rented homes to have fallen by 50%, with the biggest improvements in the lowest-performing areas. UK House Prices Continue To Rise Despite Global Economic Slowdown House prices hit a new high in June despite the rising cost of living in the UK would slow demand. Average house price reached £294,845 in June after rising by 1.8% - the steepest monthly increase since 2007. Halifax sighted a “lack of available homes” for sale was lifting prices as well as a shift towards people buying larger, detached homes, which rose by over 13% in the last year. But it expects price growth will slow, as interest rates rise and soaring prices hits people’s pocket harder this year. Petrol remains high and average household energy bills are set to exceed £3000 this year – a rise of nearly 300%! Interest rates will rise again says Bank of England Chief Economist, as inflation is expected to reach 11% this year. The Bank of England warned of more interest rate rises as it vows to bring inflation back down to 2% - roughly 5 times lower than present level. Boris Johnson ousted as leader by his own party, but does it matter to you? After Chancellor Rishi Sunak walked out of his job this week, his replacement Nadhim Zahawi has said he and Prime Minister Boris Johnson want to "rebuild the economy" and get soaring inflation under control.  We could see a new approach, as Mr Zahawi said "nothing is off the table" in terms of cutting taxes and boosting economic growth. Auction Property Bargains From Open House South Herts 2 Bed House - £36,000 4 Bed Buy-to-Let Rented House £59,000 https://www.facebook.com/estateagentswatfordelstreeandborehamwood   #rightmove #leasehold #propertyprices #money #estateagent #borisjohnson #economy #rentalproperty #buytolet #investing #property #houseprices  See omnystudio.com/listener for privacy information.
7/12/202220 minutes, 43 seconds
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US Stocks Record Worst First-Half Fall In 50 Years

Global stocks down amid war and recession fears, while household incomes are falling.  US stock markets have suffered the sharpest first-half slump in 50 years, with the S&P 500 down by 20.6% and the tech-heavy NASDAQ tumbling 30% in the last six months. London and Wall Street shares were down again this week as markets react to fears of a global downturn. On Thursday the FTSE was down nearly 2% and the NASDAQ was down 3.65% after recovering slightly from previous sell-offs.  Why the markets matter to you? Taxes Investment Jobs Pensions and Savings Confidence The market correction means billions has been wiped off the value of quoted companies, mutual funds, unit trusts and pension funds. Chaos in Sri Lanka…does it matter? How can you protect your savings? 5 things you need to know about money How to earn more money How to manage money How to invest money How to protect money How to borrow money and use debt You are losing money on your bank savings! Learn how to create wealth and buy and control property using other people’s money! Claim your free Wealth Accelerator Discovery Call with me: https://calendly.com/charleskelly/wealth-accelerator-discovery-call See omnystudio.com/listener for privacy information.
7/7/202221 minutes, 8 seconds
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BONUS : UK Property Talk Holiday Home Backlash Threatens AIRBNB Market

As the number of holiday let properties have increased by 40% in costal regions such as Norfolk, Devon and Cornwall, some English councils are proposing a ban, the BBC reports. Some tourist areas have become so saturated with AIRBNB holiday lets that locals are being squeezed out and can no longer afford to rent or buy in the area.  A resident in Scarborough complained that almost every house in her street was a holiday let and no longer occupied by local residents. A councillor in Brighton said there are 3,500 AIRBNB properties advertised in the popular beach town and wants a planning ban on holiday lets and second homes. The holiday let or serviced accommodation (SA) strategy has exploded in recent years with many courses on offer to teach landlords how to increase returns on their investment and avoid tax and rule changes imposed on standard ‘buy-to-let’ property. There is no doubt that you can increase your rental income by using the SA strategy correctly. 4 things to consider before you consider SA or holiday lets as a strategy: Training Lender HMRC Insurance Free Beginners Property Secrets Training: https://bit.ly/3NQxm0p  See omnystudio.com/listener for privacy information.
7/4/202213 minutes, 45 seconds
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Strikes, Gas Shortages, Higher Interest Rates and Inflation Point To A Summer of Discontent and Recession

Rail unions strike for higher pay and better working conditions. More industrial action on the way threatening to stall the economic recover and drive the country into recession. The US and China, the world’s two biggest economies are also stalling, and Germany is facing gas rationing. Inflation is at a 40-year high forcing central banks to raise interest rates pushing up the cost of borrowing for millions of cash-strapped consumers. Stock markets recovered slightly after falling sharply last week. People buying less at supermarkets as food prices rise, BBC reports. Interest Free Loans Launched To Help The Financially Vulnerable A Treasury-backed scheme offering interest-free loans to the financially vulnerable is being rolled out in various parts of the UK to help up to 20,000 people. The UK government scheme will be run by credit unions and other lenders, with an aim is to offer emergency loans to people who would normally be turned down due to the fact they would be unable afford the interest payments. The scheme was trialled in Manchester and is now being expanded in a larger pilot phase to various locations across the UK which will last for up to two years, after which a decision will be made on whether to roll it out further. What will the No Interest Loan Scheme offer? Only available to people who have been turned down for normal borrowing Can borrow between £100 and £2,000. The average amount borrowed is £500 Can borrow the money for six to 18 months. The average length of time is 12 months Customers can only have one no interest loan Soaring inflation led interest payments on government debt to hit the highest amount for May on record. Interest payments paid by the government for last month hit £7.6bn, up £3.1bn from a year earlier. That’s around £245,000,000 a day just to cover interest on government debt! Interest payments have totalled £14.1bn, up £4.7bn year on year, in the current financial year since April. Taxpayers will ultimately have fund the cost of trillions in debt through higher taxes. Even the Nasdaq darling, Netflix, is not immune to the economic slowdown announcing another round of job cuts as it struggles with slowing growth and increased competition. The streaming giant is slashing 300 more jobs - roughly 4% of its workforce - mostly in the US, after a sacking 150 people in May. The news come after the company reported its first subscriber loss in more than a decade in April. Learn how to create wealth and buy and control property using other people’s money! Claim your free Wealth Accelerator Discovery Call with me: https://calendly.com/charleskelly/wealth-accelerator-discovery-call  See omnystudio.com/listener for privacy information.
6/30/202223 minutes, 53 seconds
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Buying And Selling Property At Auction

UK PROPERTY TALK   Key things to consider when buying or selling at auction:   Do you know the difference between buying at auction and buying through the traditional private treaty method that most people use in traditional estate agencies?   Are you buying through traditional or modern auction?   Have you done ALL your homework and survey checks before the auction?   Have you got your finance in place ready to complete withing 28 days of a successful bid?   Are you able to complete the purchase within 28 days of the hammer going down?   Have you got your deposit - 5-10% of the agreed bid price - ready to pay on the day?   Watch video - https://youtu.be/cpFTKpiWbp0   If bidding in an online or physical auction have you ensured that you are fully registered to bid?   Have you read the legal pack or given it to your solicitor to check?   Have you done all your due diligence prior to the auction?   Have you considered why this property is being sold at auction?   Have you set your maximum bid limit?   Do you have a strategy?   Here at Open House South Herts we partner with modern auctioneers to help you sell your property fast with no vendor fees.     We have a number of properties coming up for auction soon listed on our Facebook page Open House South Herts - https://www.facebook.com/estateagentswatfordelstreeandborehamwood [email protected] www.openhousesouthherts.com #property #propertyauction #buytolet #money #propertyinvestorSee omnystudio.com/listener for privacy information.
6/28/202224 minutes
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UK interest rates hiked again to highest for 13 years as Bank of England attempts to stem soaring inflation

UK base interest rates have increased from 1% to 1.25%, the fifth consecutive rise, to reach the highest level in 13 years. In America, the Fed went further raising rates by .75% to a target range of 1.5-1.75 percent and forecasts a 3.25-3.5 percent fed funds rate by year-end. It comes as finances are being squeezed by the rising cost of living, driven by record fuel and energy prices. Inflation - the rate at which prices rise - is currently at a 40-year high of 9%, and the Bank – which last year said inflation was “transitory” now warns it could surpass 11% by October. But everyone knows inflation is already well into double digits with heating and fuels bills doubling for many families. Watch video version - https://youtu.be/hlTwicSwPIw In a survey carried out by the BBC some people revealed that they are skipping meals to save money and cutting back on spending on luxuries and entertainment. With no sign of oil and gas prices coming down soon, this all points to a recession. Crypto collapse continues as BTC losses top 70%  Many major cryptocurrencies have fallen by up to a quarter of their value over the past day Bitcoin crashed below $21,000 on Wednesday, dropping a further 10 per cent overnight to reach its lowest level since the end of 2020 - at $20,630 as I write. Ethereum has collapsed from just under $5,000 in November 2021 to just over $1000 and other cryptos have fallen off the cliff. Some cryptocurrencies have since recovered slightly, though analysts warn that the volatility may not yet be over. Bitcoin is trading at $20,630, and has dropped 25% in the past five days alone its lowest value in 18 months. Its peak of almost $70,000, in November, feels like another era. There has never been a more pressing time to learn how to manage your money – you can watch my free training video by clicking here - https://bit.ly/3H2WcbA How to survive What will you do to survive and even thrive in this recession? 80% OF PEOPLE WHO WANT MORE NEVER DO ANYTHING TO EARN MORE Here are my 10 inflation-busting tips: Loyalty cards and money saving and rewards websites can save you thousands Maximise your returns on savings and investments and invest spare cash into assets Clear credit card debts as fast as you can or transfer to interest free offers Abandon ‘brand loyalty’ for better deals on similar products and services Shop wisely at discount store, look for price reductions and stay flexible Cook from scratch and avoid expensive pre-prepared microwavable meals Get control of your finances and stop spending more than you earn Earn more than you spend by increasing your income Get a part-time job – there are millions of job vacancies in the UK Start a part-time side hustle or retrain for a higher paid career. JOIN ME FOR UK PROPERTY TALK SAT 28 MAY 2022 10AM 75% of mortgages are fixed 40% of fixed rate mortgages are fixed for 5 years. More houses in the UK are owned out right with no mortgages than those with mortgages. Register - https://contexttraining.aweb.page/p/c1e369d0-56b1-45a3-8264-0c0a7e875d23 click here to register #property #bitcoin #cryptocurrency #crypto #interestrates #inflation #mortgage #fixedratemortgageSee omnystudio.com/listener for privacy information.
6/23/202231 minutes, 44 seconds
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Apple to launch ‘buy now pay later service’ creating faster consumer debt for more people

Apple will launch a new ‘buy now pay later service’ (BNPL) scheme in the US to spread the cost of purchases over four to six weeks. The BBC reported last December that over 15 million people in the UK are already using BNPL services run by the likes of Klarna, Clearpay, Laybuy and PayPal. Challenge to traditional; banks. Citizens Advice reported concerns that 12 million adults are using BNPL services to pay for essentials such as food a toiletries. Deferring payment will be made even easier with millions of iPhone users tapping their way into easy debt. The BNPL market is expected to be worth £30 billion by the end of the decade. Apple’s move comes as the cost of living has reached new highs with the cost of unleaded petrol hitting £2 per litre! One haulage firm said the cost of fuelling a truck has risen by £20,000 a year, which will be passed on to customers. The pound fell this week after Boris Johnson survived a vote of no confidence. Although the Queen’s Jubilee celebrations gave a welcome boost to spending on hospitality, consumer spending was down in May as the cost of living continued to rise, according to the British Retail Consortium. Food prices continue to soar as India bans wheat exports and shortages are starting in some countries. There is nothing new about consumer debt, but the speed and ease of obtaining credit almost instantaneously has changed in the last few years. Consumer debt is “dumb” according to Warren Buffett, one of the world’s richest and most successful investors. There has never been a more pressing time to learn how to manage your money – you can watch my free training video by clicking here - https://bit.ly/3H2WcbA Good debt, used for instance to purchase assets, such as property, or start businesses, is smart borrowing, as I explain in my book, Borrow and Grow Rich. The rich and wealthy have been using smart borrowing or ‘other people’s money (OPM) for centuries to finance business ventures and build huge property portfolios. You can learn the secrets of property investing using OPM and build your own portfolio. With inflation running at near double figures the real purchasing power of your cash is being eaten away and will halve every 8 years if consumer prices continue to rise by 9%pa. However, you can use inflation to your advantage using the right assets and good debt. FREE TRAINING – PROPERTY INVESTING SECRETS This Property Investing Secrets free training webinar is designed by the industry’s top investing trainers to bring you 120 minutes of valuable content; providing you with the tools to successfully invest in buy-to-let properties, raise finance and build a mighty portfolio from the ground up. Live training Wednesday 8 June 2022 at 7pm UK time. CLICK TO JOIN THE LIVE ONLINE EVENT  https://bit.ly/3DlSlCL See omnystudio.com/listener for privacy information.
6/16/202214 minutes, 46 seconds
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UK Property Talk

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6/12/202229 minutes, 50 seconds
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Has US Property Market Crash Started?

In this episode: Market slowdown has already started in UK and US. Sales activity slowing as mortgage rates soar. Property slowdown usually follows a stock market fall, which has happened. Affordability at record high Average UK salary - £31,772 (2021) Average UK house price £278,000 (March 2022) 278,000/31772 = 8.75 x average salary to buy an average property in the UK Inflation over 8% in US and Eurozone, which means higher interest rates. Higher rates could crash the already weakened economy. How will UK market react? A 20% drop in prices will still only leave us to the market was in 2020. Buying and selling at auction – UK Property Talk JOIN ME FOR UK PROPERTY TALK SAT 4 June 2022 10AM Buying and Selling at Auctions – click here to register https://contexttraining.aweb.page/p/c1e369d0-56b1-45a3-8264-0c0a7e875d23 FREE TRAINING – PROPERTY INVESTING SECRETS This Property Investing Secrets free training webinar is designed by the industry’s top investing trainers to bring you 120 minutes of valuable content; providing you with the tools to successfully invest in buy-to-let properties, raise finance and build a mighty portfolio from the ground up. Live training Wednesday 8 June 2022 at 7pm UK time. CLICK TO JOIN THE LIVE ONLINE EVENT  https://bit.ly/3DlSlCLSee omnystudio.com/listener for privacy information.
6/9/202223 minutes, 30 seconds
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How To Solve The Energy Crisis At A Stroke

Soaring oil and gas prices are crippling western economies and ordinary people are suffering. But there is a way western leaders can end the energy crisis in an instant…watch video.  Check out full video - https://youtu.be/t-yniGn_SKA ECB Warns Of Housing Market Bubble The European Central Bank has warned this week that a housing market correction – caused by faltering economies, inflation and the Ukraine war – could put banks at risk of defaults and hit low-income families. Windfall tax to help people with fuel bills announced In the UK, Chancellor Rishi Sunak has announced a £5 billion package to ease the burden on soaring energy bills for millions of households. The aid will be funded by a controversial ‘windfall tax’ on energy companies which have profited from record oil and gas prices. Every household will receive £400 through their energy bills and the poorest will also receive £650 to help with the rising cost of living. US Fed is planning more restrictive measures to curb inflation including higher interest rates. Letting Agents could be putting landlords at risk of prosecution Most letting and managing agents do a good job for landlords who prefer to keep their buy-to-let properties at arm’s length. However, not every estate agent keeps up with the raft of changes in legislation impacting property rentals in the UK, and a few are completely unaware of the current requirements. There are currently 160 pieces of legislation directly and indirectly affecting tenants and buy-to-let landlords in the UK! The Housing Act and Landlords and Tenants Act are the two main laws governing buy-to-let renting, but they overlap with many other regulations which can easily trip up landlords who reply on their letting agent to ensure they are acting within the law.  In most cases the landlord is ultimately held responsible when things go wrong. This can lead to massive fines, penalties and even imprisonment. In my experience, I found that you should never totally depend on an estate agent to keep you legal when dealing with tenants – because they often do not know all the rules and procedures, which will put me at risk of prosecution or failure to get possession in the event of a dispute or rent arrears. For instance, failure to supply a tenant with required documents such as the How to Rent Guide and the Prescribed Information could result in a judge refusing to grant possession should the landlord need to resort to eviction.  I have been shocked to find that many established agents did not even know what the Prescribed Information was! This could be due to lack of training, but could also to down to laziness and just not bothering to carry out any CPD (Continuous Professional Development). This is particularly prevalent in one-man-band ‘mom and pop’ agents where, unlike national and franchised companies, the owner operator is too busy to research all the changes or attend courses. Franchisees must undergo strict training to start trading, as well as ongoing training and CPD. They are also supervised and have access to support and systems which keep them on the right track. Estate Agents do not have a great reputation in Britain, ranking up there with politicians and lawyers! The poor service I have received over my 30 years as a property investor from estate agents has prompted me to launch my own estate agency business under the excellent Open House Estate Agents franchise banner. The training and support for my team and I has been outstanding, and I will be officially launching in June.  FREE TRAINING – PROPERTY INVESTING SECRETS This Property Investing Secrets free training webinar is designed by the industry’s top investing trainers to bring you 120 minutes of valuable content; providing you with the tools to successfully invest in buy-to-let properties, raise finance and build a mighty portfolio from the ground up. Live training Wednesday 1 June 2022 at 7pm UK time. CLICK TO JOIN THE LIVE ONLINE EVENT  https://bit.ly/3DlSlCL JOIN ME FOR UK PROPERTY TALK SAT 28 MAY 2022 10AM Number of rental properties growing in the UK – click here to register New research shows the number of UK rental properties has grown by over 1.1m in the last decade, placing the UK in the top 10 globally when it comes to the balance between homeownership and renting. Register - https://contexttraining.aweb.page/p/c1e369d0-56b1-45a3-8264-0c0a7e875d23   click here to registerSee omnystudio.com/listener for privacy information.
6/2/202224 minutes, 4 seconds
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Global stock markets falling as UK inflation hits 9% a 40-year high

Global share prices experienced sharp falls in UK, US and Asia as rising prices and slowing economies spook investors.   On Wednesday, US shares recorded the biggest one-day drop in two years since the start of the pandemic.  The NASDAQ plummeted 4.7% and has opened down again continuing a longer-term decline – down 18% YTD and the DOW JONES declined 14% since the start of 2022.  It’s not only tec stocks being sold off. Blue chips, like Unilever and Tesco’s, have also dropped by 4.4% and 5% respectively. The biggest Faller on the UK market was Royal mail plummeted 12%. The UK FTSE 100 index fell 150 points today.     Inflation Inflation is eating away at your savings as well as costing you more to live. The buying power of your money in the bank is falling by around 10% every year, which means that £1000 will be worth just £900 next year.  In other words, in 12 months’ time your £1000 will buy you the equivalent of £900 of the same goods. In the meantime, the price of those goods are going up by 10%.   If inflation figures were calculated in the same way as they were previously headline rate would be double today’s official rate.   Main points: Retail prices index rising by 13% pa and includes the price of all goods excluding property costs – which have gone up massively. Manufacturers price rises rising by over 15% pa. Commodities, such as oil, wheat, fertiliser and animal feed have gone up by 50% to 100% in some cases. The war is not causing inflation, sanctions are.  UK economy fell in April by 0.1%. US economy declines for first time since 2020.    What can you do to protect yourself and your family? UK Property Talk Show 10AM Saturday. Click link to join: - https://bit.ly/3sjxRa1 How can you not only protect your savings against inflation but also increase the value of your money! Invest in real assets which appreciate in value over time, such as property and shares in profitable businesses. Join me on UK Property Talk to discuss this and other property matters this Saturday at 10 am. Click here to register for UK Property Talk - https://bit.ly/3sjxRa1 See omnystudio.com/listener for privacy information.
5/26/202214 minutes, 52 seconds
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UK Property Talk 14 May 2022

London Mayor Calls For 2 Year ‘Rent Freeze’ In London and end to Section 21 ‘no fault evictions’ In an open letter, the London Mayor Sadiq Khan has called on the government to freeze rents in London ahead of the Queens Speech which could see introduction of legislation to end to Section 21 ‘no fault evictions’. The 2019 Conservative Party manifesto committed to a “renters’ reform bill” that would abolish section 21 orders, which enable landlords evict their tenants with eight-weeks’ notice without explaining why. According to the FT, the measures are expected to be included in the Queen’s Speech that sets out the government’s policy and legislative agenda for the next parliamentary session. Campaigners and opposition parties want ‘open ended’ tenancies and an end to what is commonly known as no fault evictions. Currently, landlords who want to take back possession of their property, for instance when a tenancy has come to an end, merely have to serve a Section 21 notice to the tenant. If Section 21 is abolished, it will be far more difficult for landlords to get their properties back and the onus will be on them to show grounds.   Mayor Khan, a former Labour MP and Human Rights lawyer, wrote: I am writing ahead of the Queen’s speech to urge you to take immediate action to ease the cost of living crisis for 2.4 million Londoners by devolving the powers to me to introduce rent control in London. If we do not act urgently to protect renters, spiralling rents could soon translate into a devastating homelessness crisis. I also welcome the government’s commitment to ending section 21, introducing open-ended tenancies and creating a public national landlord register.  Sadiq Khan Mayor of London Electoral pacts Source: The Independent Although the London Mayor has no power to introduce rent controls, there are growing calls on the government to abolish ‘no fault evictions’ in the current parliament, which will be disastrous for the private rental market.  The vast majority of 'buy-to-let' landlords are small investors with one or two properties, and many are accidental landlords. Landlords I have spoken to said they would pull out of the market if 'open tenancies' were forced upon them and would be too nervous to rent out a property to a tenant were they would not be sure about getting back possession at the end of the tenancy. Join me on UK Property Talk to discuss this and other property matters this Saturday at 10 am. Click here to register for UK Property Talk - https://bit.ly/3sjxRa1 You will be sent a link to join this exclusive live event.Beginner's Property Secrets Virtual Event - 24th May 2022 Register - https://bit.ly/3MCILAV Don't know anything about property investing? Start at the beginning with Beginners Property Secrets, Progressive Property's complementary full-day virtual training workshop. Post Lockdown Property Investing Is Here! Don’t wait another year to get into property, take action and make that commitment today, because if you're not fully committed to mastering property, it's going to hurt you. While many investors, particularly first timers, are struggling to find below market value deals for flipping or renting out, a small group of private but hard working beginners in the Progressive Community have been making job replacing incomes all throughout lockdown and you can too. The 'secret'? It's all about knowing what to look for, where, and when. So let's sort out your property investing strategy, your goals and getting you the results you want once and for all. Beginner's Property Secrets Virtual Event - 24th May 2022 Register - https://bit.ly/3MCILAV What Are You Going To Learn? In just one evening, we will be sharing with you the cashflow strategies that the real successful property investors are using right now, including... How to get started in property in 2022 Many different strategies YOU can use depending on your circumstances, including the Buy, Refurbish, Rent, Refinance strategy How to do this with little money of your own or by using other people’s money All with a live Q&A at the end to get your personal questions answered And more! Will we see you there? Register your place at the virtual Beginners Property Secrets workshop today. Beginner's Property Secrets Virtual Event - 24th May 2022 Register - https://bit.ly/3MCILAVSee omnystudio.com/listener for privacy information.
5/23/202235 minutes, 33 seconds
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UK Property Talk 21 May 2022

In the episode: Market update Market slowing say Nationwide Surveyors down valuing Slow service at Land Reg and Local Authorities When is the best time to buy? How the rich use Inflation, debt, low Interest rates and rising asset prices to increase their wealth Inflation 9% Mortgage Rate, e.g. 4% Asset prices rising Debt being inflated away! Leverage Beginner's Property Secrets Virtual Event - 24th May 2022 Register - https://bit.ly/3MCILAV Don't know anything about property investing? Start at the beginning with Beginners Property Secrets, Progressive Property's complementary full-day virtual training workshop. Post Lockdown Property Investing Is Here! Don’t wait another year to get into property, take action and make that commitment today, because if you're not fully committed to mastering property, it's going to hurt you. While many investors, particularly first timers, are struggling to find below market value deals for flipping or renting out, a small group of private but hard working beginners in the Progressive Community have been making job replacing incomes all throughout lockdown and you can too. The 'secret'? It's all about knowing what to look for, where, and when. So let's sort out your property investing strategy, your goals and getting you the results you want once and for all. Beginner's Property Secrets Virtual Event - 24th May 2022 Register - https://bit.ly/3MCILAV What Are You Going To Learn? In just one evening, we will be sharing with you the cashflow strategies that the real successful property investors are using right now, including... How to get started in property in 2022 Many different strategies YOU can use depending on your circumstances, including the Buy, Refurbish, Rent, Refinance strategy How to do this with little money of your own or by using other people’s money All with a live Q&A at the end to get your personal questions answered And more! Will we see you there? Register your place at the virtual Beginners Property Secrets workshop today. Beginner's Property Secrets Virtual Event - 24th May 2022 Register - https://bit.ly/3MCILAVSee omnystudio.com/listener for privacy information.
5/23/202257 minutes, 23 seconds
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Trouble Ahead For UK Landlords As Section 21 ‘No Fault Evictions Will Be Abolished

In this episode: Renters Reform Bill announced in Parliament. Planning reform Property prices Demand has jumped for properties where all the bills are included in the rent, according to Rightmove. The property website said inquiries for build-to-rent homes with bills included had risen by 36% over the past year. It comes as two students had to pay £27,000 up front to secure a Cardiff flat, due to rental market demand. The Welsh government plans to consult on rent control for private rentals. Rents are rising at the fastest rate for more than 13 years, according to property experts Zoopla. They said this is because of limited supply, caused by an "exodus" of private landlords. Last month, Wales had the biggest annual jump in rental prices outside of London - up 13.9% to £882 per month according to Rightmove. UK Property Talk Show 10AM Saturday. Click link to join: - https://bit.ly/3sjxRa1 UK Economy dips last month following US quarterly fall in output. The vast majority of 'buy-to-let' landlords are small investors with one or two properties, and many are accidental landlords. Landlords I have spoken to said they would pull out of the market if 'open tenancies' were forced upon them and would be too nervous to rent out a property to a tenant were they would not be sure about getting back possession at the end of the tenancy. Join me on UK Property Talk to discuss this and other property matters this Saturday at 10 am. Click here to register for UK Property Talk - https://bit.ly/3sjxRa1 You will be sent a link to join this exclusive live event.See omnystudio.com/listener for privacy information.
5/19/202213 minutes, 34 seconds
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Interest rates rise as Bank of England warn of recession and 10% inflation

The Bank of England has warned that the UK economy will shrink this year as it raises interest rates to try to stem the pace of rising prices. Base rates were hiked to 1% from 0.75% (50% higher), their highest level since 2009 and the fourth consecutive increase since December. With fuel, energy and food costs soaring partly due to the Ukraine war, inflation is now at a 30-year high and will reach 10% by the end of the year, according to Bank of England Governor Andrew Bailey.  Ordinary people are starting to rein in spending which is hitting growth. Will higher interest rates curb inflation? Higher interest rates make it more expensive for consumers and businesses to borrow, leading to lower spending and demand. People start spending less, demand for goods and services cool slowing the pace of price rises. However, there are some economists who think that that increases in interest rates may have little effect in a situation of rising global oil and gas prices. The Bank of England’s Monetary Policy Committee (MPC) said the UK economy is expected to contract in the final three months of this year. It is also expected to shrink by 0.25% in 2023, down from the Bank's previous forecast of 1.25% growth. The MPC has also slashed its growth outlook for 2024 to 0.25%, down from 1%. Bank of England governor Andrew Bailey said the UK was set for "a very sharp slowdown" but declined to call it a recession. A majority of six members of the Bank's MPC voted to lift interest rates to 1% but the remaining three members wanted a steeper rise to 1.25%. The Bank now expects inflation to hit 9% in the coming months - up from its previous forecast of 8% - and to reach 10.25% by the end of the year. Fed raise rates by highest in 22 years The US central bank has announced its biggest interest rate increase in more than two decades as it toughens its fight against fast rising prices. The Federal Reserve said it was lifting its benchmark interest rate by half a percentage point, to a range of 0.75% to 1% after a smaller rise in March. With US inflation at a 40-year high, further hikes are expected. Last year, the Fed and BOE claimed that inflation was transitory and temporary. Stock markets around the world ended the week in the red with the Nasdaq falling 5% on Thursday, the largest fall in two decades. To help you get through this and come out stronger at the other end I am offering subscribers a free MONEY MASTERCLASS.  Join me for an intimate Money Masterclass this Wednesday The NEW WAY to build your wealth, IMMEDIATELY GET CONTROL of your money and learn how you can become FINANCIALLY FREE in 28 days using my S.M.A.R.T MONEY FORMULA!With inflation at a 30-year high there has never been a better time to join me for this brand new Money Masterclass! I am inviting a small group of people only to join me this WEDNESDAY 7PM for an intimate S.M.A.R.T Money Masterclass!>>> REGISTER HERE - https://contexttraining.aweb.page/p/101d6194-4fe4-4036-8cc8-615ecc35f857 Secure your seat now!See omnystudio.com/listener for privacy information.
5/12/202212 minutes, 6 seconds
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US economy declines for first time since 2020 as UK business failures hit 60-year high

The world’s largest economy contracted by an annualised rate of 1.4% in the first three months of this year. The sharp drop follows growth of over 6% in the final quarter of 2021. Business insolvencies in England and Wales jump to 60 year high. Rapid increase in voluntary liquidation is driven by inflation and supply chain difficulties.  World Bank warns of human food catastrophe and war causes shortages and soaring prices.  Food prices are now at the highest rate since UN Food Index tracking records began 60 years ago after jumping 13% in March.    What does inflation mean to you?   The costs of goods and services has risen by 49.4% since 2010, which means you need £14,936 to have the same buying power as £10,000 in 2010.  Stock Markets jittery Stock markets in Europe and Asia fell sharply this week at n fears of Chinese lockdowns but later recovered.  House prices still rising in the UK A shortage of family homes continues to drive up demand despite recent interest rate rises. 3 quick tips to GET CONTROL of your finances in times of rising prices.  1. Get control of your outgoings and expenditure. 2. Get control of debt. 3. Get control of spending. Also check out my ‘5 Inflation-Busting Tips’  for money saving ideas to help you through this. -https://youtu.be/2jZCO4V7uX0 Make the most of your money and resources and learn how to get control and manage your finances. Consider investing in real assets which tend to hold their value and act as a hedge during times of high inflation. Assets like property, stock and shares and gold have long been held as a long-term inflation hedge. Do people get rich during recessions and depressions? The answer is yes! To help you get through this and come out stronger at the other end I am offering subscribers a free MONEY MASTERCLASS.  Join me for an intimate Money Masterclass this Wednesday The NEW WAY to build your wealth, IMMEDIATELY GET CONTROL of your money and learn how you can become FINANCIALLY FREE in 28 days using my S.M.A.R.T MONEY FORMULA!With inflation at a 30-year high there has never been a better time to join me for this brand new Money Masterclass! I am inviting a small group of people only to join me this WEDNESDAY 7PM for an intimate S.M.A.R.T Money Masterclass!>>> REGISTER HERE - https://contexttraining.aweb.page/p/101d6194-4fe4-4036-8cc8-615ecc35f857 Secure your seat now!See omnystudio.com/listener for privacy information.
5/5/202224 minutes, 37 seconds
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Food Shortages on the way – time to act!

Food Shortages on the way – time to act! Food shortages and even rationing could be on the way as the Russia Ukraine war continues. Sanctions against Russia are forcing up the price of everything from oil and gas to wheat and Fertiliser chemicals. This is adding to existing problems of inflation caused by ‘government money creation’, soaring shipping costs and supply chain issues in China. Farmers are warning of coming food shortages, as items like cooking oil disappear from supermarket shelves. “Over 36 countries depend on Russia or Ukraine for half their wheat imports” Antonio Guterres, UN Secretary General In a broadcast this week, the UN Secretary General warned of rising poverty and added: Wheat up 30% Oil up 60% Natural Gas up 50% Fertiliser up 100% The National Farmers Union (NFU) reports: “Ukraine is a major supplier of wheat, barley, maize and oilseeds (particularly sunflower oil and meal) to the global market meeting the needs of an estimated 400 million people worldwide. The interruption of that supply with the closure of the Black Sea ports is being hardest felt in North African and the Middle East countries most reliant on Ukrainian wheat. “The World Food Programme estimates that its operational costs of feeding food insecure people will increase by €26 million per month compared to current levels, €64 million per month compared to pre-pandemic levels.” The NFU warns of “an acceleration in the rise of commodity prices”. “Global commodity prices were already rising steeply as the world economy emerged from the pandemic – over the last 18 months wheat prices have risen nearly 110%, maize and vegetable oil prices are up 140%, and soybean prices are up 90%. The conflict in Ukraine has accelerated the rise in commodity prices, with wheat prices increasing 70% since the invasion.” Source: NFU Signs of poverty are already being seen in the UK, a wealthy country. $50 billion was wiped off the value of Netflix as its share price dropped 35% following reports that the company lost 200,000 subscribers in the first quarter of 2022. Economy is in winter season right now but…winters don’t last forever! Bulk buy non-perishable consumer goods and food as a hedge against inflation Buckle down, tighten your belts and get through this, you will survive!  Consider spreading the cost on direct debit to cushion the blow. Build your credit lines and watch your credit rating like a hawk. Earn more cash by doing part-time jobs or a side-line business. Watch my ‘5 Inflation-Busting Tips’  for money saving ideas to help you through this. -https://youtu.be/2jZCO4V7uX0 Make the most of your money and resources and learn how to get control and manage your finances. Consider investing in real assets which tend to hold their value and act as a hedge during times of high inflation. Assets like property, stock and shares and gold have long been held as a long-term inflation hedge. Remember, you are not alone. Get help, take advice, and use debt counselling services like Citizens Advice if you are having trouble.  Can you take proactive steps to increase your wealth?  Do people get rich during recessions and depressions? The answer is yes! To help you get through this and come out stronger at the other end I am offering subscribers a free MONEY MASTERCLASS.  Join me for an intimate Money Masterclass this Wednesday The NEW WAY to build your wealth, IMMEDIATELY GET CONTROL of your money and learn how you can become FINANCIALLY FREE in 28 days using my S.M.A.R.T MONEY FORMULA!With inflation at a 30-year high there has never been a better time to join me for this brand new Money Masterclass!I am inviting a small group of people only to join me this WEDNESDAY 7PM for an intimate S.M.A.R.T Money Masterclass!>>> REGISTER HERESecure your seat now!>>> REGISTER HEREJoin me LIVE…Here’s a reminder of what we’ll cover in the training:1. HOW TO GET CONTROL OF YOUR FINANCES2. HOW TO BE FINANCIALLY FREE IN 28 DAYS3. HOW TO ACCUMULATE WEALTH>>> REGISTER HEREWith so much uncertainty in the world, with businesses, jobs and the economy being turned on its head, there's never been a better time to take ownership for what you can control!Book your place now NOW.I look forward to seeing you there!Best,CharlesP.S. There are limited places available. We’ve had a HUGE response already! Do not miss out - REGISTER YOUR SEAT NOW REGISTER HERE  - and join me to discover how to build wealth, IMMEDIATELY GET CONTROL of your money and learn how you can become FINANCIALLY FREE in 28 days using my S.M.A.R.T MONEY FORMULA!See omnystudio.com/listener for privacy information.
4/28/202215 minutes, 8 seconds
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Elon Musk Bids To Buy Twitter for $40 billion

The controversial Tesla boss has offered $54 a share valuing Twitter at $40 billion. Musk, who refused a seat on the board after becoming Twitter’s largest shareholder earlier this month, said he is the right person to “unlock” the social media platform’s “extraordinary potential”. As the share price jumped 5%, he warned that he would have to “reconsider” his stake in the company if his bid was refused. The billionaire has taken Tesla from start-up to the world’s most valuable car maker. See video version - https://youtu.be/NcZztHe9qzs Trouble ahead as consumer prices reach highest level since 1992 “Over 36 countries depend on Russia or Ukraine for half their wheat imports” Antonio Guterres, UN Secretary General In a broadcast this week, the UN Secretary General warned of rising poverty and added: Wheat up 30% Oil up 60% Natural Gas up 50% Fertiliser up 100% These essential commodities affect all our daily lives and have risen in price far above the published inflation rate.  Official CPI inflation in the UK is now at 7% pa and, with commodity prices soaring, could reach double digits before the year end. Prices are going up at the fastest rate for 30 years when the UK was in recession and the property market was stagnant. Pay rises are falling behind against the cost of living, which means people have less money to spend on luxuries after paying for essentials. Businesses are facing the dark prospect of higher costs and lower income.  Savers are seeing the value of their capital eroded by inflation – every £100 will buy £93 next year if the rate stays the same. Economy is in winter season right now but…winters don’t last forever! Buckle down, tighten your belts and get through this, you will survive!  Consider spreading the cost on direct debit to cushion the blow. Build your credit lines and watch your credit rating like a hawk. Earn more cash by doing part-time jobs or a side-line business. Bulk buy non-perishable consumer goods and food as a hedge against inflation. Watch my ‘5 Inflation-Busting Tips’  for money saving ideas to help you through this. -https://youtu.be/2jZCO4V7uX0 See omnystudio.com/listener for privacy information.
4/21/202218 minutes, 10 seconds
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UK house prises continue to rise due to a shortage of family homes, the Halifax reports

UK house prises continue to rise due to a shortage of family homes, the Halifax reports Despite the worst recession since the second world war, the price of the average home in the UK has rocketed by £43,577 since the start of the first lockdown two years ago, the Halifax has said. The UK’s biggest mortgage lender said the 18.2% rise increased the cost of an average home to £282,753. Buyers seeking more space saw a 21% rise in the price of detached homes compared with a 11% rise in flat prices over the same period. Higher mortgage rates will start to reduce buyer affordability and the amount people can borrow, which may dampen prices. Increased living costs will inevitably affect how much first-time buyers can save, borrow and spend on a property. As we enter the traditional springtime buyer activity season, estate agents are already reporting continued demand and a shortage of larger family houses, which means sellers can obtained higher prices. Full article Funeral plan provider goes bust – what do you now if you have a prepaid plan? Following the recent utility providers bankruptcies, another inflation-led disaster is brewing in the funeral industry. Safe Hands, a UK ‘prepaid funeral plan’ provider, has collapsed into administration, leaving thousands of customers worried about what to do now, plus many others concerned that other companies will follow suit amid soaring costs and inflation.  Insurance vs Prepaid Funeral Plans The other way of providing for future funeral costs is the traditional method of taking out insurance which pays out on your death.  I have far more confidence in insurance companies, like Legal and General and Sun Life, that have been around in some cases for over a hundred years than a funeral plan provider. Insurance companies are heavily regulated and employ actuaries to calculated liabilities years into the future. They also have reserves which can see them through the bad times like world wars, recessions and depressions. Funerals can easily cost in excess of £5,000 excluding the burial plot.    Safe Hands, Dignity Funerals Limited will provide existing customers with funeral care arrangements until 20 April 2022, and customers should contact the customer services team on 0800 640 9928. There is no confirmed plan in place after 20 April.  Worryingly, six funeral plan providers have not even applied for authorisation See the FCA website to find a published list detailing which firms have yet to apply for authorisation, as well as those who are transferring their books to other providers. There are six companies who have not yet applied for authorisation are: If your provider does not get authorised by the FCA you have no protection from the FSCS should your funeral plan provider go into administration before 29 July, or if it has its FCA application refused. In the meantime, customers will have greater protection when taking out a prepaid funeral plan on or after 29 July this year. Other Financial News NI tax rises kick in, most employers and employees will pay an extra 1.25p in the pound, but lower paid will pay less due to recent threshold changes in Rishi Sunak’s budget.  Economic winter The economy is in winter, but winters are tough but they never last forever. Like the farmer who prepares for the next season’s work, now is the time get ready and come out even stronger when the recession ends. To help you get through this and come out stronger at the other end I have prepared a brand-new training, which you can access right now from the comfort of your home. To help you get through this and come out stronger at the other end I am offering subscribers a Free Wealth Discovery Accelerator Call. I will personally speak to you to help you accelerate your wealth building journey. Click HERE to schedule a call with me. See omnystudio.com/listener for privacy information.
4/14/202213 minutes, 16 seconds
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Are Your Learned Limiting Beliefs Holding You Back?

Many of us have baggage that we carry around throughout our lives like a camel.  Most of these limiting beliefs or fixed ideas are things that we have learned through experience from people or events in our lives. Some of these come from a parents, friends, lovers, teachers and so on.  Unfortunately, many of these beliefs are negative. They have not come from successful, positive people, but usually from unsuccessful, negative people that we encounter in our lives.  We carry these beliefs around like backpacks which weighs us down throughout our lives.  We drag them into new relationships and expect people to accommodate us and our emotional baggage. Examples of these beliefs could be:  I don’t trust men, I don’t trust women Rich people are greedy crooks or evil Money is the root of all evil or is bad for us People who are nice to us want something in return. People of a certain race, age or gender are this way or that way Learned beliefs are deeply ingrained into our minds like a default setting, which you can replace with a new setting.  We will continue to carry beliefs around and unless we deal with them they will slow us down for the rest of our lives. Instead of taking the ‘beliefs backpack’ off of our backs and mentally throwing on a virtual fire, we expect people to “deal with it” because “this how I am” so “take it or leave it”! It’s as if we simply expect people to accept and accommodate our limiting beliefs. Maybe we don’t say it directly, but indirectly you are pigeonholing people you probably don’t even know based on your past experiences.  You’re saying, this is what I believe because I’ve had a bad experience with some loser or abuser, therefore I’m going to hold back on everyone else based on this one bad experience.    It’s absurd when you think about it! At the extreme end, people are killing each other because of difference in beliefs over different variations of the same religion! A believe is something that you learn and accept as the truth. Once we have a belief lodged in our head ii will stay there until we change the default sessions.  For instance, you may have been brought up with a certain faith or set of values and refuse to accept anyone who does not meet your standards.  You may have been brought up to believe that people from another country are bad based on the fact that your country once had a war with their country. This could be a recent war or a war that happened a century ago.  Beliefs can be formed unconsciously by the behaviours of others, such as our parents, with whom we spend most of our time. People who have had abusive parents often, but not always, go on to become abusive themselves. It might sound like a cliche, but many inmates in prison have come from broken or even abusive homes. People whose parents have never worked and lived on benefits can pass this habit on to their children. There are areas of the UK where there are three generations of families who have never worked and just lived on benefits.   A recent report in the UK found that the third of children worry about family finances On the other hand, children from loving and successful homes are more likely to pick up those success habits. Again, this is not always the case but from my observation I’ve seen it time and time again. When I wrote ‘Yes money can buy happiness’, I wrote about people’s limited money beliefs that hold them back in life and even put a subconscious ceiling on how much they can earn.  Whilst money obviously plays an important part when it comes to living a happy and secure life, it’s not the be all and end all. In fact, most of our happiness comes from other people around us. Think of a time in your life and you feel happiness and joy. Can you picture in your mind? Where are you? Who are you with? Was it with friends, family or someone you love? It’s unlikely that it was sitting alone having dinner in front of the TV, right? There are those of you who think being single and living on your own is cool and part of modern life, but let me tell you that for millions, being alone sucks! Humans and most animals were simply not designed to be alone and isolated. For thousands of years we’ve lived in tribes, groups and communities. As the number of people living in single households in the UK has reaches record levels, so has depression, mental illness and suicide despite living in the most prosperous time in history. Yes, you see beautiful young people sitting in Starbucks with the iMac looking cool, but are they really happy and fulfilled? Happiness does not come from pleasure. Happiness comes from living a fulfilled life filled with love and activity. Happiness comes from giving and sharing, building a life with someone you love, raising children, going through struggles together for building a business.  You really need to deal with your negative learned beliefs otherwise they will ruin your life and cause you to repeat the same mistakes over and over again.   Moving towards and moving away from goals Many philosophers in the past have discussed the fact that we do things based on moving towards pleasure or reward and or moving away from pain or discomfort You might have a goal to earn more money or own the house of your dreams, which would be a moving towards goal. On the other hand, if you have a goal to lose weight or give up smoking that’s a moving away from goal. A conflict arises when the pull of pain or pleasure is greater than your desire to achieve something. If you are trying to lose weight, but really enjoy sweets and sugary foods then you have a conflict of interests. You know that in order to lose weight you must cut down on sugary foods, but the pleasure of eating those foods is so great, and stronger than your desire to lose weight, that you cannot give them up. If you’ve had a bad experience with your previous partner or spouse, you may want to trust the new person in your life, but the negative pull of the previous experience is so great that you cannot let go and form new relationships. Letting go is key.  When I was a child living at home, we had a lovely little dog who brought fun and pleasure to the family’s life. Obviously dogs don’t live as long as us so when that dog died it was so painful the for the family that we never wanted to have a dog again. The pain of losing the dog was so great that it deprived us of enjoying another pet.    Letting go I recently watched a BBC documentary about a group of Holocaust survivors who had their portraits commissioned by Prince Charles.  These five people had been through the most horrific experiences imaginable in Nazi concentration camps. They had every reason to lose faith in human nature and hold on to the negative experience.  Despite this, they had gone on to lead happy and successful lives. They showed no bitterness in their faces and had learned to let go of the baggage of the past, forgive, trust people and be happy.  There are many books, techniques and guided meditations available to help you unblock or get rid of limiting beliefs. Find something that works best for you and helps free you from any beliefs which are holding you back.    Economic winter The economy is in winter, but winters are tough but they never last forever. Like the farmer who prepares for the next season’s work, now is the time get ready and come out even stronger when the recession ends. To help you get through this and come out stronger at the other end I have prepared a brand-new training, which you can access right now from the comfort of your home. Check out my new training to help you get control of your finances and learn how to become financially free in 28 days! Click to join: https://bit.ly/3isugCrSee omnystudio.com/listener for privacy information.
4/7/202230 minutes, 23 seconds
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5 Inflation-Busting Tips To Survive The Coming Recession

Spring may be in the air, but the economy is still very much in winter! Like the seasons, the economy and markets are subject to natural cycles. We have had a long upturn and bull market and now we are entering a downturn or bear market. Inflation has reached a 40-year high, prices of everything going through the roof and a war causing a food a fuel crisis. Stock markets have been falling from their recent highs, and the property market may have reached a peak as demand slows. Watch video version - https://youtu.be/2jZCO4V7uX0 Last week, hundreds of workers for P&O Ferries were fired without warning on Twitter and replaced by cheaper agency staff. How would you cope if you lost your job?  Do you have sufficient savings to pay your bills?  How long will your savings last? What will you do to survive and even thrive in this recession? Here are my 5 inflation-busting tips: Loyalty cards and money saving and rewards websites can save you thousands Maximise your returns on savings and investments  Clear credit card debts as fast as you can or transfer to interest free offers Abandon ‘brand loyalty’ for better deals on similar products and services Get control of your finances and stop spending more than you earn Winters are tough but they never last forever. Like the farmer who prepares for the next season’s work, now is the time get ready and come out even stronger when the recession ends. To help you get through this and come out stronger at the other end I have prepared a brand-new training, which you can access right now from the comfort of your home. Check out my new training to help you get control of your finances and learn how to become financially free in 28 days! Click to join: https://bit.ly/3isugCr #money #business #stockmarket #property #foodprices #freetraining #financialfreedom #inflation  See omnystudio.com/listener for privacy information.
3/31/202217 minutes, 20 seconds
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UK Base Rates Rise Again And US Federal Reserve Raises Interest Rates For First Time Since 2018

The US Federal Reserve is raising interest rates for the first time since 2018 in an attempt to bring fast-rising prices under control. The US central bank said it was lifting its benchmark rate by 0.25% and signalled plans for further rate rises in the months. Watch video version The Bank of England increased rates for the third time in the last six months to .75%. The moves come as the economy faces new uncertainty caused by the Ukraine war and coronavirus outbreaks in China. They are expected to have widespread global repercussions. By increasing rates, the Fed will make it more expensive for households, businesses and governments to borrow. It is hoping that will cool demand for goods and services, helping to ease price inflation in the US, which hit a new 40-year high of 7.9% last month. U.S. and other global stock prices have been falling since the Federal Reserve warned that they would finally slow down their massive monthly bond-buying scheme and begin hiking interest rates – kept artificially low since the 2008 financial crash - in 2022.  The Fed's aggressive bond-buying scheme literally just ended last week. Rising interest rates do not necessarily mean falling stock prices, as was the case in previous hikes. Consider this simple chart I recently created which shows how the S&P 500 index has reacted to Fed interest rate changes over the last 20 years.  US stocks ended 2.2% higher on the news.   OECD warns that Ukraine war “could” hit world growth, really? We’d never have guessed!   What is the real inflation rate…and what are the consequences of soaring prices for ordinary people?   Free Financial Training!   Get control of your finances in 2022. We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free! If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2.  #property #inflation #money #business #stockmarkets #interestrates #nomoneydownproperty  See omnystudio.com/listener for privacy information.
3/25/202212 minutes, 20 seconds
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Are Russian Sanctions Hurting Everyone And Driving The World Into Recession?

Sanctions on Russia are having a negative impact on Western economies at a time when they were starting to recover from the pandemic led recession.   As the US and UK bans imports of Russian oil, and price of oil soars to near record levels, it has been reported that Middle East leaders refused to speak to President Biden. This could signal a major shift in the world balance of power away from US dominance.   Food prices will rise even higher as wholesale wheat and fertilizer prices rise.    The price of filling up the average family car with petrol has gone above £90, and in the US where petrol was always so cheap it has now hit $4 a gallon.    This will inevitably mean less available money for people to spend in the wider economy.    Stock markets around the world have been falling in the last month, but commodity prices and precious metals are going through the roof!    Take a look at Gold, Silver, platinum and Uranium.    Gold up 13.9% in last month. Silver up 13% in the last month Palladium up 9%.   The price of Uranium, used in nuclear fuel, has risen to a near 10 year high and 30% in the last six weeks. Some Uranium stocks have shot up by over 50% recently.   When you include higher interest rates, this mirrors the situation we had before the 2008 financial crisis.    The price of oil impacts just about every part of our economy.    Money Saving Tips   There have already been warnings last year of rising food prices due to higher fuel costs, and even the UK post office has announced that it will be increasing the price of a first class stamp by 10p to 95p on the 4th April.    Tip. If you want to stock up on stamps you could save yourself a 12% rise, which about 120 times more than you can earn leaving your money in the bank on deposit!   If you live in the UK, now is the time to start thinking about topping up your ISAs and Pensions before the end of the tax year on 5 April.   Don’t leave your money in the bank! Well, not the same bank anyway.    Firstly, your deposits are only protected up to £85,000 by the Deposit Protection Scheme.   Secondly and more importantly, you could double the return on your deposits and ISAs by switching banks for a better deal. My own bank has not increased savings rate despite TWO recent interest rate hikes. Loyalty does NOT pay!   Get control of your finances in 2022.   We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free!   If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training.   I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2.    #property #inflation #money #business #stockmarkets #interestrates #nomoneydownproperty #immigration #silver #uranium #Gold #oilprices #food #sanctions  See omnystudio.com/listener for privacy information.
3/18/202217 minutes, 5 seconds
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Commodity Prices Hit Highest Level Since 2008 Financial Crisis As Markets Fall

Oil and Gas price soar amid supply chain worries after the Russian invasion of Ukraine.  With inflation already soaring to 30-year highs there is no sign of relief for businesses and consumers recently hit with higher prices for petrol and gas. UK and European stock markets fell sharply with the FTSE 100 closing down 190 points (2.57%) and the FT250 down 696 or 3.57%. US markets are also down wiping billions of dollars off the value of western companies.  Russia’s economy appears to be in freefall as sanctions force a collapse of the Rouble and Russian stock market. Businesses are severing ties with Russia and lending markets are being closed off. In the UK, MP’s are under pressure to seize assets of billionaire Russian Oligarchs linked to the Putin regime. Roman Abramovich has put his multi-million pound Kensington house on the market for a quick sale, along with his beloved Chelsea football club. Sanctions will also have a negative effect on western economies. In the UK, energy bills could reach £3,000 per annum sucking more cash out of the wider economy. With Russia and other countries seeing dollar denominated assets seized or sanctioned, could we be witnessing the end of the dominance of the US dollar as the world reserve currency? Property News HMO landlords renting rooms on an ‘bills included’ basis will be hit with massive cost increases this year. Gas prices have already doubled and could go even higher if the war chokes off supplies. The Nationwide survey was published this week and reported a 12.6% annual increase in UK house prices to February 2022. The cost of a typical UK home rose by a record £29,162 in the last year, the biggest cash increase in property prices since it started collecting comparable data in 1991, according to the Building Society. The price of an average UK home is £260,230 but around double that figure for most of London and the Southeast. Property prices are being driven by continued demand from buyers who are competing for relatively few properties on the market, especially larger homes outside of big city centres. Second property owners in some parts of Wales could face a 300% council tax hike in a bid by the Welsh government to make homes more affordable for local people. London sales and rentals appear to be bouncing back as people start to return to the office, but retail shops and cafes have taken a hammering in the last two years and thousands have closed for good. Take a look around any shopping mall or high street and you will see many empty units. Whether property prices can continue to rise in the current economic climate remains to be seen. You can learn how professional property investors make money whether the average market is moving up or down, with the biggest opportunities coming during a recession or downturn which is looking more and more likely.   Get control of your finances in 2022. We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free! If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2.  #property #inflation #money #business #stockmarkets #interestrates #nomoneydownproperty #immigration See omnystudio.com/listener for privacy information.
3/11/202217 minutes, 7 seconds
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Markets Crashing Around The World As Russia Invades Ukraine

Billions are being wiped of the value of stock markets all over the world today on the news that President Putin has sent his army into Ukraine. The prices are flashing red and moving down. On Thursday, the FTSE lost over 3% or 300 points and the Dow Jones was down nearly 700 points by 2%. Watch video version - https://www.linkedin.com/groups/8943012/ The FTSE is down 10% since January. The US S&P and Nasdaq indices are also down over 10% from recent highs, which is entering into correction territory.  Oil topped $100 a barrel and gas prices jumped again threatening to send western economies further into recession. Consumers will be hit with higher petrol, gas and food prices as sanctions are imposed on Russia. Will property follow stock market falls? Property prices in the US could have peaked after a 20% spike last year as higher mortgage rates (anticipating a rate increase by the Fed) are already hitting buyers and refinance applicants. UK average asking prices in February were up by a record £7,785 compared to last month. Demand is being driven by ‘second steppers’ in search of more space sending prices nearly £40,000 higher than since the start of the pandemic. The price of property coming to market rose 2.3% in February, or £7,785, according to Rightmove’s latest House Price Index. Whilst the UK market is still buoyant, the two recent interest rate hikes to .5% will make it more expensive to buy and remortgage property. End of tax year tax saving hints.  With the end of the fiscal year looming on 5 April, now is the time to start tax planning your ISA and pension contributions. You can put up to £20,000 into a tax-free ISA each fiscal year, as well as maximising your pension contributions. If you are in the UK and earn less than £18,570 a year from income and savings interest, your savings interest is tax-free due to tax-free savings and the starting savings rate. There are other more specialist tax saving investment schemes, such as Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCTs). Talk to an independent final adviser. Get control of your finances in 2022. We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free! If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2.  #property #inflation #money #business #stockmarkets #interestrates #nomoneydownproperty #financialfreedom #isa #pension #EIS #VCT #mortgage #mortgage #propertybuyer See omnystudio.com/listener for privacy information.
3/4/202217 minutes, 22 seconds
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8 Tips to Survive the Coming Recession

What can you do to prepare for the coming recession?   Signs of a downturn include:   Household electricity and gas bills are doubling.    Cost of petrol at the pumps highest it’s ever been.    Raw materials up by over 30%, cost of shipping is up 10 times.    The UK official inflation rate is now the highest it’s been for 30 years.    Food and essential household item inflation is running at 20 to 30%.    Farm prices, fertiliser and seed are all soaring, with fertiliser up to hundred percent on last year due to the rising price of natural gas used in the production of nitrogen-based fertilisers.   Food inflation is rampant and unlikely to slow this year making life much harder for ordinary families.    Families will spend more on household essentials, such as fuel and petrol, sucking money out of the wider economy which will affect company earning.   A stock market correction or crash would reduce investment, increase unemployment and loss of billions in people’s savings.   A property crash could lead to substantial losses, mass repossessions and a squeeze on lending.   In a previous podcast last year, I advised followers to “invest” in non-perishable foods and household goods, as prices were likely to rise faster than most other investments you could put your money into.    US national debt now exceeds $30 trillion or 128% of GDP. In 1980 the US National debt was just 34% of GDP and in 2000 59% of GDP. UK national debt is over £2 trillion.    Greedy banks are failing to pass on interest rate rises to savers despite two recent hikes by almost .5%.   8 tips to survive the coming recession   Make a spreadsheet of all your income and outgoings. I cover this in my books and many of my podcasts. This is vital if you are going to get control of your finances and a must during a downturn when your income will be squeezed.    Tighten your belt. Cut out all unnecessary expenditure and check those standing orders and direct debit‘s to get rid of memberships and services you no longer require or use. Unfortunately, this has a knock on effect on businesses and almost becomes a self filling prophecy driving the world further into recession.   Reduce credit card balance or pay off if possible. With credit card interest running anywhere between 18 and 40%, it makes no sense to have money in the bank earning less than 1%. You should still have a cash reserve but if you can pay off cards or switch them to lower interest or interest free deals then by all means do so as this will save you a fortune in interest payments.   Build up a cash reserve of 6 to 12 months of outgoings. This is essential during a downturn when the job may not be safe. Everyone should have cash reserves equivalent to 6 to 12 months of household expenditure. In reality, 90% of people have no savings and are only a couple of salary payments away from bankruptcy and homelessness.   Take a part-time job to earn extra money or change jobs. With inflation running at record rates, your income, even with pay rises, will not be keeping pace with rising costs. You may need to consider finding ways of earning extra money through a part-time job or home-based business.   Review your investments. Review your investments to ensure that you are not exposed to a stock market downturn or crash. This includes your pension funds and any savings ISAs or mutual funds. Seek independent financial advice. Fund managers and advisers will often advise you to stay in the market even if it’s going down.   Review your mortgage, insurance loans and suppliers. Reviewing your loans and suppliers can save your fortune and is even more important during the recession. Loyalty does not pay. I have saved thousands of pounds by switching mortgages, utility suppliers and insurance contracts.    Finally, stay positive and plan to come out of this recession even stronger. During a recession, many people give up and say things like, there’s no point in working because nobody’s got any money. Make sure you are working harder than the competition.    Warning    Free access to Groove Funnels and lifetime offer ends 22nd of February.   Yes, free Access to GrooveFunnels - the new best way to build better websites, sales funnels and web pages that sell and build your business!   - Free for LIFE - No games. No fine print. - No credit card needed ever! - $99/month value… Now free. - Grab your account while you still can!   Take a closer look at it yourself, and pick up your free account while you’re there: https://groovepages.groovesell.com/a/uy9VcdqIvopT   Lifetime access offer ends 22 Feb! If you get your account right now, you’ll still be able to keep your account for life, including all the future updates to the tools. Take some time to learn all about the software, but be sure to grab your free account before it’s too late.See omnystudio.com/listener for privacy information.
2/25/202223 minutes, 3 seconds
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Time to get fixed up? This has nothing to do with Valentine’s day!

With central bank rates rising around the world to control inflation, mortgage rates will be going up for millions of borrowers.  If you have a long-term fixed rate mortgage you have nothing to worry about at the moment. However, roughly one quarter of borrowers in the UK are on variable or tracker rates, which means they could be facing substantial payment increases as base rates look set to continue upwards. The UK has just increased rates again - by .25% to .5%, and the US Federal reserve in look set to raise interest rates earlier than expected to combat a 7.5% inflation rate not seen since the 1980’s.  The boss of Tesco, Britain’s biggest supermarket, John Allan, said “worse is yet to come” as warned this week of further food price increases. If you’re a Marmite lover you’d better stock up as the maker is about to charge more for the popular spread due to rising costs. Unlike the US, most UK borrowers are on relatively short-term fixed rate mortgage deals, which means they could be in for a nasty shock when their rate expires. Now could be the time to talk to your financial adviser or mortgage broker about switching before rates go up again? Check the lender penalties to calculate the benefits of switching now. Mortgage lenders also whack on hefty fees for giving you a mortgage rate, plus early redemption and final redemption fees, which they used to call a ‘deed handing fee’!  City property rental increases as workers return to office Zoopla reports that the cost of renting a property in a city centre is going up as office workers, students and international residents come back. The UK is effectively dropping Covid restrictions this month and cities appear to be getting back to some form of normality. Renters are paying an average of £62 more a month than pre-pandemic rents Zoopla found. End of tax year tax saving hints.  With the end of the fiscal year looming on 5 April, now is the time to start tax planning your ISA and pension contributions. You can put up to £20,000 into a tax-free ISA each fiscal year, as well as maximising your pension contributions. If you are in the UK and earn less than £18,570 a year from income and savings interest, your savings interest is tax-free due to tax-free savings and the starting savings rate. There are other more specialist tax saving investment schemes, such as Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCTs). Talk to an independent final adviser. Get control of your finances in 2022. We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free! If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2.  #property #inflation #money #business #stockmarkets #interestrates #nomoneydownproperty #financialfreedom #isa #pension #EIS #VCT #mortgage #fixedratemortgage #propertyrental  See omnystudio.com/listener for privacy information.
2/18/202217 minutes, 14 seconds
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Interest Rates Double To 0.5% To Cool Soaring Cost Of Living As Energy Bills Jump By £800 To An Average Of £2000 PA

The Bank of England have hiked base interest rates for the second time in months to curb inflation, with food inflation running at over 20%. Press rises for basic utilities will inevitably suck money out of the wider economy driving the country into recession. The ECB is widely expected to raise rates and the US Fed could follow. Stock markets around the world are still falling again today threatening a correction or crash. UK stock markets are down by half a percent and the Dow Jones and NASDAQ by over 2% today. Life is going to get tougher this year for millions of people in Europe and America as the coming recession starts to bite. Prices are rising much faster than incomes as the “rich get richer and the poor get poorer”. Now is the time to protect your assets and plan for your future. You could be in for a bumpy ride in the next few years.  Facebook’s growth faltered for the first time as user numbers fell. Shares plunged 20% wiping $200 billion of the value of parent company Meta. PayPal value also plunges as it shuts down 4.5 million false accounts. Property prices in the UK continue to increase year-on-year by an average of 11% as the market defies economic reality. Anyone owning assets, such as property, has become richer in the last few years. Get control of your finances in 2022. We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free! If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2.  #property #inflation #money #business #stockmarkets #interestrates #nomoneydownproperty #financialfreedomSee omnystudio.com/listener for privacy information.
2/11/202216 minutes, 12 seconds
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US Economy Bounces Back And Stock Markets Rally, But Crash Is Coming

The US economy expanded at its fastest rate in decades last year as it bounced back from lockdowns. Official figures from the Commerce Department revealed that the economy grew by 5.7% and by 6.9% in the last quarter – the highest growth since 1984. However, the US Federal Reserve announced this week that a rate rise is 'appropriate' soon, while analysts expect growth to slow this year, due to government scaling back stimulus spending. Rising inflation, new Covid variants, such as Omicron are further threats to the economy. The World Bank forecasts that the US economy will grow by 3.7% this year, while OECD said the UK’s GDP will grow by 4.7% in 2022 and is almost back to pre-pandemic levels. Major stock markets have been sliding in January, with the Nasdaq down 13.35% and Dow Jones 5.06% in the last month but have so far resisted a correction or full-blown crash. Billionaires like Elon Musk have been dumping billions of dollars of their own stock, a sure sign that they know the party is over. We are living in volatile times. Shares are overpriced, central banks have printed money like there’s no tomorrow, inflation is reaching levels not seen since the 1980’s, Russia could be about to invade Ukraine and China is watching the west while it eyes Taiwan.   Seek independent advice on what to do with your own portfolio or pension cash.  What is your personal inflation rate? The UK official inflation rate is 5.4%, but essential items such as fuel, food and household items are up by as much as 50%. This means for a family on low income the impact is worse because they spend a higher proportion of their income on food and other essentials. Official inflation figures include luxuries together with items like caravans, flower vases, leggings, and cycle helmets, which most people do not buy on a regular basis.    Supermarkets have also reduced the number of value items they sell, as well as special offers like two-for-one deals.    Shoppers are flocking to discount stores like Lidl and Aldi, which are both expanding fast.   Pensioners are also suffering because the pensions are rising by less than the real cost of living increases.    New immigration identity checking system for landlords and employers. UK net migration will account for all the population growth of the UK in the future as the number of the people living in the country swells to 70 million by 2030 official figures reveal. The Office for National Statistics (ONS) projections indicate that the population will rise by 2.1 million by the end of the decade from the 2020 count. Increased immigration will raise the UK population to 69.1 million by mid-2030, resulting from of a net inflow of 2.2 million migrants, 6.6 million births and 6.7 million deaths. The Home Office seems powerless to deal with hundreds of migrants entering the country illegally crossing the channel on ever larger boats supplied by criminal gangs, but are cracking down on employers and landlords. The Home Office has recently announced a new digital ID checking tool for landlords and employers to help prevent abuse of the UK immigration system.  A press release published on the UK government’s official website, the technology will ‘make it quicker, safer and more convenient for landlords and employers to carry out right to rent and work checks.  The checking system will start on 6 April, 2022 and certified identity service providers (IDSPs) will be able to use Identification Document Validation Technology (IDVT) to carry out right to work checks and right to rent checks on behalf of UK and Irish citizens. Source: Work Permit.com Frugality is good for your health Spending wisely cannot only improve your bank balance but also your health.   That’s because Poor spending habits are often linked to unhealthy pursuits, such as smoking, drinking and gambling. Get control of your finances in 2022. We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free! If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2.  #property #inflation #money #business #stockmarkets #interestrates #nomoneydownproperty #immigration   See omnystudio.com/listener for privacy information.
2/5/202214 minutes
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UK Inflation rises again to the highest level for 30 years

UK inflation has hit 5.4% mainly due to supply chain issues and soaring food and fuel prices, prompting fears that the Bank of England could raise interest rates again next month. Whilst central banks are saying inflation is transitory, others feel that inflation could run rampant in some economies – driven predominantly by supply chain issues rather than massive surges in market demand. Some could see their currencies being devalued by 10% or more while others accelerate into a deflationary spiral. Fiscal and economic uncertainty and a slowdown in business investment and housing markets could see countries like the US and UK set central bank base rates at 0.1% or lower in the first half of the year, with a maximum of 0.5% by year end. Prices in the shops for basic every day things have risen much faster than 5.4%. In some cases prices have risen by 50%, for basic items like bread, or package sizes have reduced by 10 to 20%. The UK is expected to grow faster than any other G7 economy as it comes out of the pandemic with more freedom than its European counterparts. Goldman Sachs reports that the UK economy will be larger than France and Germany by 2040, largely due to its younger demographics. Stock markets have been jittery this month, while property continues to boom in the UK and Ireland where demand outstrips supply of family homes. Agents in some parts of the country cannot get enough houses to cope with demand, but inventory is low and sellers are sticking to their sometimes unrealistic prices. Flats have not enjoyed the same growth. Can you buy property with ‘No Money Down’? Bitcoin languishes around $42,000, well off its high last year. Silver has been rising. How to save money on mobile phone contracts… NEW BOOK LAUNCH – BORROW AND GROW RICH – SPECIAL OFFER ENDS SOON! I cover financial education and money mindset in my books, like Borrow and Grow Rich (available on Kindle now - https://www.amazon.co.uk/s?k=borrow+and+grow+rich&ref=nb_sb_noss), which you can order on Amazon. In this book, you will learn how the power of leverage and inflation can make you rich without working any harder than the average employee. You will also learn the difference between good debt and bad debt and why saving alone will not make you rich. Borrow and Grow Rich is available for Kindle order now - https://www.amazon.co.uk/s?k=borrow+and+grow+rich&ref=nb_sb_noss DOWNLOAD CHAPTER ONE AND TWO FREE https://charleskelly.clickfunnels.com/optin1639410805951 DISCOVER HOW THOUSANDS OF ORDINARY BRITS ARE QUIETLY GETTING RICH USING NONE OF THEIR OWN MONEY! The online ‘No Money Down Discovery’ training will reveal the many ways you can create a job replacing income from property using none of your own money. Skilled trainers will reveal proven, successful methods for you to cash in on right now, even if you have no previous experience and little to no finance. The knowledge you’ll be taught at this event will include creative and sustainable money-making systems, alongside rock-solid negotiation techniques to help you carve out the deals that will work best for you. When you join us you will discover: The No Money Down Matrix. A system of proven investment strategies guaranteed to secure property with none of your own cash. A Step-by-step guide on how to structure a property deal that’s right for you and the vendor. The 4 core investing principles you need to secure the perfect deal that creates a long-term cashflowing asset. How to cash in on the next big property strategy and control an empire of properties “Rent-To-Own.” For deals that do require cash, learn how you can use someone else’s money and quickly recycle it to give them all their money back, and you keep the property for free! How to recycle the money you have used to invest and give it back to the partners who gave it to you, leaving you with another cash-producing property to add to your portfolio What the Super-Rich do to make a fortune by controlling property without owning it, and how YOU can do the same. Donald Trump uses this very strategy! Learn how to do successful Joint Ventures - and become a Money Magnet, attracting more investment partners and more joint venture finance than you can handle Learn creative thinking, creative structures and master negotiation skills to make all deals the ultimate win-win The experienced trainers have all 'been there, done that’ and you can relax in the certainty that you are getting the expert help you deserve! Register your place here.   To register: https://bit.ly/3FLiyMm   See omnystudio.com/listener for privacy information.
1/28/202216 minutes, 28 seconds
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Interest Rates Will Rise In 2022 – Time To Fix Your Mortgage Rate?

Interest rates in the UK have already risen last year to 0.25% to curb soaring inflation, but the Bank of England may have to raise rates further this year as the cost of living continues to go up for millions of consumers.  Are you prepared for interest rate hikes? Do you have a fixed rate mortgage?  In the UK, HSBC are offering deals as low as 1.29% fixed for 2 years and Halifax will fix your mortgage at 1.43% for 5 years. We may not see deals like this for a long time if base rates rise this year. When will stock markets fall? Many pundits are predicting a crash between now and April, but it is extremely difficult to time the market, especially when governments are doing all they can to prop them up or keep them on ‘life support’! I would not be putting all my money or pension fund cash into the markets right now, but I could be wrong, and stocks could continue to go ever higher.  However, what I might gain on an upward swing will be a lot less than I’d lose on a downturn or full-blown crash. You have to make up your own mind or seek financial advice.  Will property prices go down? People will always need somewhere to live and wealth, life expectancy and population has increased significantly over the last 50 years. China has taken a billion people out of poverty and become the second largest economy in the world. However, affordability and interest rates could slow the market down this year. Property prices generally go up and sometimes fall for a few years, but in the long term they move in an upward trajectory. If you have a low fixed rate and income, personal or rental, then you should be safe in the long term. Crypto currencies have taken a hit in the last few weeks, but Bitcoin and Ethereum recovered this week despite Pakistan becoming the latest country to ban all Crypto. SPECIAL APPEAL We have witnessed major climate disasters, such as the recent typhoon which has destroyed 90% of homes in the southern islands of the Philippines. While we in the west worry and fret over a shortage of some of our favourite food supplies, millions of people around the world are starving. You can donate to my Rotary Fundraiser – to provide food, clean water and shelter to the people who have lost their homes and will not be enjoying a merry Christmas. https://www.facebook.com/groups/174851346196950/permalink/1621462918202445/ Financial education in investing is the key to building and keeping wealth. Never stop learning!  Keep watching or listening to my free podcasts on iTunes and subscribe to my YouTube channel for regular financial news and updates.  Can you get rich by saving alone? NEW BOOK LAUNCH – BORROW AND GROW RICH – SPECIAL OFFER ENDS SOON! I cover financial education and money mindset in my books, like Borrow and Grow Rich (available on Kindle now - https://www.amazon.co.uk/s?k=borrow+and+grow+rich&ref=nb_sb_noss), which you can order on Amazon. In this book, you will learn how the power of leverage and inflation can make you rich without working any harder than the average employee. You will also learn the difference between good debt and bad debt and why saving alone will not make you rich. Borrow and Grow Rich is available for Kindle order now - https://www.amazon.co.uk/s?k=borrow+and+grow+rich&ref=nb_sb_noss DOWNLOAD CHAPTER ONE AND TWO FREE https://charleskelly.clickfunnels.com/optin1639410805951 We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free! If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2  Book now as spaces fill up fast... #cryptocurrency #crypto #buytoletproperty #property #stockmarketcrash #inflation #financialeducation #freetraining #propetyinvestor #stockmarketinvestment #retirement #stockmarketwarning #Interestrates See omnystudio.com/listener for privacy information.
1/21/202217 minutes, 39 seconds
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Interview With Stocks, Commodities, Futures Trader Of 40 Years KD Angle

Happy New Year! How are your resolutions and plans going? Do you want to lose weight, get fit, lead a healthier life or do something to improve your finances? Maybe you’re on a ‘Dry January’ programme? My gym was full this month of new members hoping to get fit and lose weight, but experience shows that many of them will sadly drop out within a few months. Keep on target with your goals by making them realistic, achievable and measurable. Make 2022 your best year ever! See: How will you prosper in 2022? - https://moneytipsdaily.com/how-to-prosper-and-make-your-dreams-become-reality-in-2022 I have just published my new book – Borrow and Grow Rich :-  https://www.amazon.co.uk/s?k=borrow+and+grow+rich&ref=nb_sb_noss   In this episode I want to introduce a very special guest. KD Angle is a successful market trader with experience in both futures and stocks who started  trading in 1979 during the last inflationary period.  Some of his accomplishments include:  Starting his own market letter which gave specific trading advice in the early 80’s and was featured in Forbes Magazine.  In the 1990s, KD began managing money using his own ‘rules-based’ strategies and later went on to earn more than 60 performance awards from a respected performance reporting company known as BarclayHedge. He retired that career after managing assets of up to 200 million dollars but continues to trade his own capital.  Angle has been featured as an expert in his field in two books, the ‘Four Cardinal Principles of Trading’ by Bruce Babcock and ‘The Mental Edge in Trading’ written by Jason Williams MD.  Angle’s father turned $2 million into $100 million in the great gold bull market of 1979. KD recently authored what he considers to be his legacy book entitled ‘Guillotine Investing – Keeping Your Head While Others are Losing Theirs’ where he shares many of his valuable insights that have helped contribute to his own success with the markets. His book is only available at the book’s website which is called: www.Guillotineinvesting.com SPECIAL APPEAL We have witnessed major climate disasters, such as the recent typhoon which has destroyed 90% of homes in the southern islands of the Philippines. While we in the west worry and fret over a shortage of some of our favourite food supplies, millions of people around the world are starving. You can donate to my Rotary Fundraiser – to provide food, clean water and shelter to the people who have lost their homes and will not be enjoying a merry Christmas. https://www.facebook.com/groups/174851346196950/permalink/1621462918202445/ Financial education in investing is the key to building and keeping wealth. Never stop learning!  Keep watching or listening to my free podcasts on iTunes and subscribe to my YouTube channel for regular financial news and updates.  Can you get rich by saving alone? NEW BOOK LAUNCH – BORROW AND GROW RICH – SPECIAL OFFER ENDS SOON! I cover financial education and money mindset in my books, like Borrow and Grow Rich (available on Kindle now - https://www.amazon.co.uk/s?k=borrow+and+grow+rich&ref=nb_sb_noss), which you can order on Amazon. In this book, you will learn how the power of leverage and inflation can make you rich without working any harder than the average employee. You will also learn the difference between good debt and bad debt and why saving alone will not make you rich. Borrow and Grow Rich is available for Kindle order now - https://www.amazon.co.uk/s?k=borrow+and+grow+rich&ref=nb_sb_noss DOWNLOAD CHAPTER ONE AND TWO FREE https://charleskelly.clickfunnels.com/optin1639410805951 See omnystudio.com/listener for privacy information.
1/14/202242 minutes, 4 seconds
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Property And Share Prices At Record Levels Despite Poor Economic Outlook As 2021 Draws To A Close

UK house prices have reached an all-time average record of £254,822 in December, according to lender Nationwide. While most stock markets around the world have continued to rise to new highs despite the gloomy economic outlook and a growing new variant  The average price of a typical house in the UK is now £23,902 more than it was in January, making it the strongest year for price rises since 2006. Nationwide and the Halifax have predicted the market would slow next year because the stamp duty holiday, which ended in September, forced buyers to bring purchases forward. Nationwide also said the slowdown could be made worse by the spread of Omicron. Interest rate factor Nationwide's chief economist Robert Gardner said that even if the economy remains strong in spite the virus, higher interest rates were likely have a "cooling influence" on the housing market. "House price growth has outpaced income growth by a significant margin over the past 18 months and, as a result, housing affordability is already less favourable than before the pandemic struck," Mr Gardner added. The lender could be anticipating further increases to interest rates in the new year. Earlier this month, the Bank of England hiked base interest rates to 0.25% from their historic lows of 0.1% in a bid to curb the threat of rising inflation. The US is expected to raise rates three times next year to tackle the highest price rises in nearly 40 years. But the central banks cannot raise rates too high as this will mean higher payments on the trillions in debt they owe to lenders. Increases in the cost of borrowing will be bad news for people trying to get on the property ladder and could herald the end of the decade long property and stock market boom. Wales saw the highest growth with prices increasing 15.8% compared to the same time last year. Meanwhile, price increases in London slowed compared to last year, climbing just 4.2%. In an interview with BBC's Today programme, Andrew Harvey, a senior economist at Nationwide, said the pandemic had caused a change in the behaviour of buyers who had been looking to leave large cities in favour or suburban and rural areas. "I think London probably has suffered as a result of that," he said. Average prices change across the UK Wales: Up 15.8% to £196,759 Northern Ireland: Up 12.1% to £167,479 South West: Up 11.5% to £294,845 Outer South East: Up 11.3% to £329,869 North West: Up 11.2% to £196,806 Yorkshire and Humberside: Up 10.8% to £190,855 East Anglia: Up 10.4% to £268,146 East Midlands: Up 10.4% to £221,813 Scotland: Up 10.1% to £172,605 West Midlands: Up 9.4% to £227,031 Outer metropolitan area of London: Up 8.8% to £410,992 North: Up 7.7% to £148,105 London: Up 4.2% to £507,230 Source: BBC. Mr Gardner said it was the first time since 1973, when Nationwide began publishing house price data, that the largest price rises had been seen in Wales. "Price growth remained elevated in Northern Ireland at 12.1%, the strongest end to the year for the region since 2007," he said. "Annual house price growth in Scotland was 10.1%, in line with the wider UK." The year has been dominated by Covid lockdowns and restrictions which saw international flights to the UK slump by 71%, retail giants such as Debenhams go bust and thousands of small businesses and hospitality firms suffer losses. Other businesses prospered during the last two years. Not just the likes of Amazon, but any business that adapted to the new world of online transactions and Zoom! I want to thank all my viewers, listeners and readers for all your support this year, and wish you all a prosperous New Year. See also: How will you prosper in 2022? – Make 2022 your best year ever! SPECIAL APPEAL We have witnessed major climate disasters, such as the recent typhoon which has destroyed 90% of homes in the southern islands of the Philippines. While we in the west worry and fret over a shortage of some of our favourite food supplies, millions of people around the world are starving. You can donate to my Rotary Fundraiser – to provide food, clean water and shelter to the people who have lost their homes and will not be enjoying a merry Christmas. https://www.facebook.com/groups/174851346196950/permalink/1621462918202445/ Money also migrated so-called safe property havens in the UK, Canada, US and Australia. Wealthy people have sought second and third passports and residency in countries offering citizenship for cash or property investment.  Financial education in investing is the key to building and keeping wealth. Never stop learning!  Keep watching or listening to my free podcasts on iTunes and subscribe to my YouTube channel for regular financial news and updates.  Can you get rich by saving alone? NEW BOOK LAUNCH – BORROW AND GROW RICH – SPECIAL OFFER ENDS SOON! I cover financial education and money mindset in my books, like Borrow and Grow Rich (available for Kindle pre-order now - https://www.amazon.co.uk/s?k=borrow+and+grow+rich&ref=nb_sb_noss), which you can order on Amazon. In this book, you will learn how the power of leverage and inflation can make you rich without working any harder than the average employee. You will also learn the difference between good debt and bad debt and why saving alone will not make you rich. Pre-order BORROW AND GROW RICH before 31 December and I will send you a FREE PDF copy of Yes, Money Can Buy You Happiness. Borrow and Grow Rich is available for Kindle pre-order now - https://www.amazon.co.uk/s?k=borrow+and+grow+rich&ref=nb_sb_noss DOWNLOAD CHAPTER ONE AND TWO FREE https://charleskelly.clickfunnels.com/optin1639410805951 Wishing you a happy prosperous New Year! See omnystudio.com/listener for privacy information.
1/7/202210 minutes, 58 seconds
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Interest Rates Rise As Inflation Soars At Fastest Pace For 10 Years

The Bank of England has raised base interest rates for the first time in more than three years, in response to surging prices and an official inflation rate of 5.1%. The increase to 0.25% from 0.1% followed data this week that saw consumer prices, used to measure the UK inflation rate, climbing by the fastest rate for 10 years. Eight of the nine Monetary Policy Committee members voted to increase interest rates despite the Omicron variant slowing down an already weakened economy by causing people to spend less during the Christmas season. The Bank's action will increase mortgage costs of homeowners and businesses with commercial loans and overdrafts not on fixed rate deals.  If you have not yet fixed your rate you might want to start thinking about doing so. Talk to your financial adviser. UK inflation is now running at 5.1%, the highest in a decade and double target rates. The bank governor Andrew Bailey expects inflation to rise to 6% further early next year. The real rise in the cost increase of living is much higher than the official rate, as many of us are experiencing. The sharp rise in wholesale gas prices is driving inflation, and that is continuing to push up domestic energy bills. Energy and fuel prices affect the cost of all goods and services, as costs have increased for businesses and suppliers. Wholesale prices of raw materials and commodities have also gone through the roof this year. Inflation is rising around the world fuelled by ‘money printing’ by central banks on a scale never seen in modern history. The official US inflation is now 6.8%, the highest for over a decade, but half the rate suggested by Shadow Stats which claims real costs are rising by 15%.  The newly raised rates will increase the cost of buying a home, although they are still near the historic low and unlikely to affect property prices and housing demand unless rates rise further. The FT reports that Fed officials expect three interest rate rises next year to combat rising inflation.  The markets went up following the announcement! If you think you will not be adversely affected by interest rates going up, think again. Governments owe trillions of dollars, pounds and Euros to bondholders and will have to pay higher interest rates to service the debt they created. Who do you think is going to pay the interest? That’s right, taxpayers. Savers will welcome the news as they will earn slightly more on their savings deposits in banks currently earning next to zero. Don’t get into debt this Christmas A friendly warning to avoid spending money you don’t have and getting into debt this Christmas, especially with higher credit card rates on the way. On solution could be to hold a family ‘truce’ on presents or values, or opt out of the spending spree altogether if you can. You can still have a good Christmas without getting into debt and paying for it for it next year. Financial education in investing is the key to building and keeping wealth. Never stop learning!  Keep watching or listening to my free podcasts on iTunes and subscribe to my YouTube channel for regular financial news and updates.  NEW BOOK LAUNCH – BORROW AND GROW RICH – SPECIAL OFFER I cover financial education and money mindset in my books, like Borrow and Grow Rich (available for Kindle pre-order now - https://www.amazon.co.uk/s?k=borrow+and+grow+rich&ref=nb_sb_noss), which you can order on Amazon. In this book, you will learn how the power of leverage and inflation can make you rich without working any harder than the average employee. You will also learn the difference between good debt and bad debt and why saving alone will not make you rich. Pre-order BORROW AND GROW RICH before 31 December and I will send you a FREE PDF copy of Yes, Money Can Buy You Happiness. Borrow and Grow Rich is available for Kindle pre-order now - https://www.amazon.co.uk/s?k=borrow+and+grow+rich&ref=nb_sb_noss DOWNLOAD CHAPTER ONE AND TWO FREE https://charleskelly.clickfunnels.com/optin1639410805951See omnystudio.com/listener for privacy information.
12/24/202114 minutes, 26 seconds
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House Price Growth Highest For 15 Years

UK House prices rose 3.4% in the three months to the end of November, the highest price increase since 2006, and 8.2% higher than a year ago, the Halifax reports. The average UK property price hit a fresh record high of £272,992 in November, the UK’s largest mortgage lender said. But added that the pace of growth was unlikely to continue next year as household finances come under pressure. Property shortage and low interest rates drives demand House prices in the UK have still been going up for the past five months, despite the end of the stamp duty holiday and the massive activity in the first six months of 2021. The unexpected growth was "underpinned by a shortage of available properties, a strong labour market and keen competition amongst mortgage providers keeping rates close to historic lows," said Russell Galley, managing director of the Halifax. The figures are based on the lender’s own data and represent an average across all residential property types in the UK. Figures will vary in some areas and properties. Flats have not enjoyed as the same high growth as houses for instance. How long will historic low interest rates last? UK economic growth slowed in October while inflation has risen above 4%. Will the Bank of England raise rates this month amidst further restrictions following the Omicron variant? The Bank of England’s Monetary Policy Committee (MPC) meets again on 16 December. CEOs dumping shares  CEOs of companies like Amazon, Tesla and Facebook have sold billions of dollars of their shares in their own companies. Do they know something we don’t? Don’t get into debt this Christmas Avoid spending money you don’t have and getting into debt this Christmas. Have a family ‘truce’ on present values or opt out of the spending spree altogether if you can. Financial education in investing is the key to building and keeping wealth. Never stop learning!  Keep watching or listening to my free podcasts on iTunes and subscribe to my YouTube channel for regular financial news and updates.  NEW BOOK LAUNCH – BORROW AND GROW RICH – SPECIAL OFFER I cover financial education and money mindset in my books, Borrow and Grow Rich (available for Kindle pre-order now - https://www.amazon.co.uk/s?k=borrow+and+grow+rich&ref=nb_sb_noss) and 'Yes, Money Can Buy You Happiness", which you can order on Amazon: https://www.amazon.co.uk/Yes-Money-Can-Buy-Happiness/dp/1095175858 Pre-order BORROW AND GROW RICH before 31 December and I will send you a FREE PDF copy of Yes, Money Can Buy You Happiness. In this book, you will learn how the power of leverage and inflation can make you rich without working any harder than the average employee. You will also learn the difference between good debt and bad debt and why saving alone will not make you rich. If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2See omnystudio.com/listener for privacy information.
12/17/20219 minutes, 52 seconds
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Is Retail On The High Street Dead? NO! Here’s Why I Think It’s Very Much Alive

High street retail has going through a tough time in recent years with hundreds of stores closing, but here’s why I think there is still a place for physical shops for many years to come. Even with the rise of Amazon and other online retailers 85% of retail sales are still made offline. Over 20% of stores are not even fully engaged online. In a strange twist, Amazon, Apple and other online retailer are opening offline stores in the high street and malls! Online retailers Gymshark and The Fashion Bible are also set to open large flagship ‘bricks and mortar’ stores in prime retail space next year. Gymshark, which only started online ten years ago, is opening an 18,000 square foot store in London’s Regent Street, one of the most expensive and sought after retails real estate areas in the world. Just down the road, London’s luxury department store group Selfridges is being sold to a Thai conglomerate for up to £4bn. The famous UK retailer owns 25 outlets, including the enormous flagship store covering a whole block in prime position on London's Oxford Street. The iconic store was founded in 1908 by US retail magnate Harry Gordon Selfridge and featured in an ITV television drama. How will Amazon, Gymshark and The Fashion Bible prosper where the likes of Debenhams died after over 100 years of successful trading? The answer is twofold. Firstly, Debenhams, and other stores like Gap and House of Fraser, had lost their way and failed to stay current. This can happen in mature businesses which lack innovation and do not change with the times. Secondly, and more importantly, online retailers have a massive advantage over traditional bricks and mortar shops. They know their customers! Amazon knows everything about its customers like me, whereas most shops I walk in and out of know absolutely nothing. Even when I buy something they have no record of me other than a card transaction. Unless stores change their ways and start engaging with their customers and potential customers they will face a tough time ahead. But those who adapt, like Argos and Next who combine online with offline sales, will survive in the business war for our money. If you are a retail business owner and need help getting online, contact me – [email protected] Average House Prices Continue To Rise The annual growth of an average home in the UK rose slightly to 10% in November, up form 9.9% on the previous month, according to the Nationwide Building Society’s data. FREE PROPERTY WEBCLASS - https://bit.ly/3DlSlCL Stock Markets Volatile As New Covid Restrictions Introduced Markets were down again today after rallying from earlier losses, as uncertainty fears could stall economic recovery. RPI UK Inflation Rate Hits 6%  The inflation rate as measured by the Retail Prices Index (RPI) is 6%, but the new measure of inflation, the Consumer Prices Index (CPI), stands at 4.2%. Most of us know that real prices are rising much faster than the official rate. Fuel and gas prices have doubled for some and many will face a hard winter. Could UK Interest Rates Rise? The Bank of England’s Monetary Policy Committee (MPC) meets on 16 December amid rumours that base rates could rise to curb rising prices. Financial education in investing is the key to building and keeping wealth. Never stop learning!  Keep watching or listening to my free podcasts on iTunes and subscribe to my YouTube channel for regular financial news and updates.  I cover financial education and money mindset in my book, 'Yes, Money Can Buy You Happiness", which you can order on Amazon: https://www.amazon.co.uk/Yes-Money-Can-Buy-Happiness/dp/1095175858 If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2See omnystudio.com/listener for privacy information.
12/10/202121 minutes, 1 second
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Stock Markets Fall Around The World On New Covid Variant News

Stock markets fell sharply across the world after the discovery of a new Covid variant which threatens the economic recovery as more restrictions are introduced. London’s the FTSE 100 share index dropped by nearly 3%, while markets in Germany and France also declined following falls in Asia. 40 Year Fixed Rate Mortgage Launched  Kensington Mortgages launched a mortgage product with a rate that can be fixed for up to 40 years. First-time-buyers in major UK cities like London may be forced to borrow more than 5 times the average salary to get on the housing ladder, as the affordability ratio soars.  Free No Money Down Property Masterclass Register Here- https://bit.ly/32qvuZY Food Prices Will Rise A global shortage of fertilisers is driving up food prices and leaving poorer countries facing crisis, says the boss of a major fertiliser firm, the BBC reports. UK Car Industry Suffers Worst October In 65 Years UK car production dropped by more than 40% last month to the lowest level recorded for October since 1956. Net Migration To The UK Falls By 88% As Asylum Claims Reach 20-Year High The UK recorded a major fall in net migration last year as figures show a huge reduction in the number of people arriving due to the Covid-19 pandemic and Brexit. Net migration in the UK was 34,000 in 2020, compared with 217,000 the year before, analysis showed. The number of immigrants coming to the country more than halved to an estimated 268,000 in 2020, compared with 592,000 people the previous year. 27 migrants die in Channel as boat overturns off the coast of France The migrant crisis continues as thousands of people enter the UK illegally despite this week’s tragedy. Asylum applications to the UK have reached their highest level since 2004, according to official estimates.  India to Ban Cryptocurrencies As a number of major economies plan to launch digital currencies, India is set to follow China in banning Cryptocurrencies. The ban will relate to all private cryptocurrencies with certain exceptions to allow the promotion of the underlying technology and its uses. Cryptocurrency prices dropped on Indian exchanges after the decision on the bill's future was announced. According to a government bulletin, the ban is part of the proposed Cryptocurrency and Regulation of Official Digital Currency Bill that will be introduced in its winter session. The planned legislation aims "to create a facilitative framework for the creation of the official digital currency to be issued by the Reserve Bank of India (RBI)". See also: Interest Rates Held At 0.1% But Will Rise Soon 9 Habits To Develop Extreme Productivity Buy-to-Let Property Demand Down 60% Says London Estate Agent As Chinese Buyers Dry Up - https://youtu.be/4RLroedmkX4 What Can You Invest In That's Guaranteed To Go Up In Price In 12 Months? The Answer Will Shock You! - https://youtu.be/_ccb_gTVDkQ Financial education in investing is the key to building and keeping wealth. Never stop learning!  Keep watching or listening to my free podcasts on iTunes and subscribe to my YouTube channel for regular financial news and updates.  I cover financial education and money mindset in my book, 'Yes, Money Can Buy You Happiness", which you can order on Amazon: https://www.amazon.co.uk/Yes-Money-Can-Buy-Happiness/dp/1095175858 DISCOVER HOW THOUSANDS OF ORDINARY BRITS ARE QUIETLY GETTING RICH USING NONE OF THEIR OWN MONEY! At the No Money Down Discovery we reveal the many ways you can create a job replacing income from property using none of your own money. Register here - https://bit.ly/32qvuZY Skilled trainers will reveal proven, successful methods for you to cash in on right now, even if you have no previous experience and little to no finance.  When you join us you will discover: The No Money Down Matrix. A system of proven investment strategies guaranteed to secure property with none of your own cash. A Step-by-step guide on how to structure a property deal that’s right for you and the vendor. The 4 core investing principles you need to secure the perfect deal that creates a long-term cashflowing asset. How to cash in on the next big property strategy and control an empire of properties “Rent-To-Own.” For deals that do require cash, learn how you can use someone else’s money and quickly recycle it to give them all their money back, and you keep the property for free! How to recycle the money you have used to invest and give it back to the partners who gave it to you, leaving you with another cash-producing property to add to your portfolio What the Super-Rich do to make a fortune by controlling property without owning it, and how YOU can do the same. Donald Trump uses this very strategy! Learn how to do successful Joint Ventures - and become a Money Magnet, attracting more investment partners and more joint venture finance than you can handle Learn creative thinking, creative structures and master negotiation skills to make all deals the ultimate win-win All the trainers have all 'been there, done that’ and you can relax in the certainty that you are getting the expert help you deserve! Register your place here. - https://bit.ly/32qvuZY   #property #financialeducation #freetraining #propertyinvestment #investing #passiveincome #nomoneydownpropertyinvesting #makemoneyonline #chinaproperty #buytoletproperty #rentalproperty #propertymarketnews #interestrates #immigration #netmigration #Mortgages See omnystudio.com/listener for privacy information.
12/3/202113 minutes, 49 seconds
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How To Generate Leads On Autopilot Using LinkedIn With Austin McCulloh

On Money Tips Podcast today I talk to lead generation expert Austin McCulloh who has developed a unique system for generating thousands of leads on LinkedIn on autopilot. After managing just under half a million dollars a few years ago as a 21-year-old financial advisor & running an online hiring agency that taught English to over 700 Chinese children, Austin decided to start his own consulting firm, Austin McCulloh Advising.  In late 2020, he pivoted the business model to include a 3-Step Financial Advisor Accelerator that now helps financial advisors grow their book of business & increase their income. Financial advising, to date, has been more of an art form than an exact science, and Austin's on a mission to make financial advising success more systematic.Austin is an young, energetic and dynamic speaker with lots of insights for anyone looking to grow consistently, sell more and communicate better. For more information on how Austin can help your business visit https://www.austinmcculloh.com You can become wealthy and financially free without working any harder than you are right now. In fact, it could be less. Keep watching or listening to my free podcasts on iTunes and subscribe to my YouTube channel for regular financial news and updates.  I also cover financial education and money mindset in my book, 'Yes, Money Can Buy You Happiness", which you can order on Amazon: https://www.amazon.co.uk/Yes-Money-Can-Buy-Happiness/dp/1095175858 If you would like to learn more about investing and managing your money, property investing and become financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2  See omnystudio.com/listener for privacy information.
11/19/202130 minutes, 9 seconds
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9 Habits To Develop Extreme Productivity

Based on a book about the remarkable story of the author’s Erica and Mike Schultz and their Son’s five year fight for life. Sometimes our most productive times can come during a period of adversity, as it did for the authors. During a study of thousands of extremely productive people, they came up with 9 habits based on the use of something we all have in equal amounts, time. T.I.M.E Erica and Mike Schultz found a method of breaking down time into distinct segments during each day: Treasured Time – cherished time most special to them on a personal level. Investment Time – generates returns that exceed the work you put in. Mandatory Time – time doing day-to-day thing you must do. Empty Time – wasted time, surfing web, social media doing nothing. Key message: Maximise Treasured and Investment Time – Minimise Mandatory and Empty Time. Extremely productive people manage their time better and so can you. Develop these 9 habits. Recruit you Drive – Your WHY. Write goals and break them into annual, quarterly and weekly goals and manageable chunks or tasks. Motivate yourself. Ignite Your Proactivity Fill your daily calendar with Investment Time activities. Prioritise your Greatest Impact Activity or GIA – the activity with the greatest long-term return on your detailed concentrated effort. Develop better habits to put more of your time into GIA activities to turbocharge your productivity. Re-engineer Your Habits Identify unproductive habits, such as spending hours on social media or doing nothing on your daily commute, and upgrading them. For instance, you could upgrade your time on social media to learn a new skill or listen to a productive podcast during your Mandatory Time commute to and from work. Another tip is to turn off unnecessary notifications on your smartphone, which distracts your mind away and breaks your concentration, or train yourself to not instantly react to them. Changing your environment can also affect your concentration. Fix the problem or work somewhere that makes you more productive. Obsess Over Time Obsessing over your TIME means working out where every activity fits within that structure. Make sure your priorities are reflected in your daily routine. Take Treasured Time Increase Investment Time Minimise Mandatory Time Eliminate (as much as possible) Empty Time. Successful people value and seldom waste time, like when I spoke to John Assaraf and met the likes of Jim Rohn and Brian Tracy. Its not just about what you do, but what you don’t do. Say No Have a clear idea of what’s really important. When someone asks you to do something that doesn’t fit in with your priorities, have the courage to politely, but assertively to say “no”! That doesn’t mean saying no to your boss by the way! Play Hard To Get Concentration. Distractions are everywhere these days, especially our inbox and numerous message boxes. Does every message need to be dealt with immediately? Don’t try to be always available to everyone. Block out time to concentrate on your schedule and your most important GIA tasks. Your time is your own. Get In The Zone How to get in the zone and stay there. Set aside 90 minutes of work and break it down into short sprints with breaks in between. Develop Energy Take care of your body by eating nourishing food, getting enough sleep and exercising. Don’t waste mental energy on unnecessary things. Right The Ship – Get Back On Track When Life Knocks You Down Sometimes things go wrong and knock you off course and you have to pull yourself together. Identify bad habits like ordering another beer or glass of wine to constantly checking your phone. You have free will and free won’t. Break down large tasks into small ones. Make a contract with yourself to achieve something important to you like losing weight or getting fit. The above habits do not require any harder work or effort than you are putting in now. It’s the same with becoming financially free. You can become wealthy and financially free without working any harder than you are right now. In fact, it could be less. If you would like to learn more about investing and managing your money, property investing and become financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2  Keep watching or listening to my free podcasts on iTunes and subscribe to my YouTube channel for regular financial news and updates.  I cover financial education and money mindset in my book, 'Yes, Money Can Buy You Happiness", which you can order on Amazon: https://www.amazon.co.uk/Yes-Money-Can-Buy-Happiness/dp/1095175858 See omnystudio.com/listener for privacy information.
11/12/202129 minutes, 42 seconds
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Buy-to-Let Property Demand Down 60% Says London Estate Agent As Chinese Buyers Dry Up

Buy-to-Let property demand falls in London as Chinese buyers stay away. Rental market is hot again, says leading agent. Is the market starting to slow down, particularly for flats? Stock markets remain near highest ever level, as a new report finds that households will remain worse off than they were before the pandemic until 2023. UK's independent forecaster, Charlie Bean, an Office for Budget Responsibility (OBR) committee member, told MPs that incomes would not return to 2019 levels for another two years. He said the main reason was "a very low rate of productivity growth". The pandemic effectively froze large parts of the economy, with many businesses shut entirely, the BBC reports. Financial education in investing is the key to building and keeping wealth. Never stop learning!  Keep watching or listening to my free podcasts on iTunes and subscribe to my YouTube channel for regular financial news and updates. If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2    #property #financialeducation #freetraining #propertyinvestment #investing #passiveincome #nomoneydownpropertyinvesting #makemoneyonline #chinaproperty #buytoletproperty #rentalproperty ##propertymarketnews   See omnystudio.com/listener for privacy information.
11/7/202116 minutes, 16 seconds
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What Can You Invest In That Is Virtually Guaranteed To Go Up In Price In Next 12 Months? The Answer Will Surprise You…

What can you buy today that will almost certainly go up in price by at least 10% in the next few months? A stock, property or gold? No. Purpose of investing Inflation is pushing up the price of almost everything you buy in the supermarket on a daily basis, from food to household cleaning items. What is the real rate of inflation? Proctor and Gamble, one of the largest consumer goods companies in the world with revenues of $76 billion, has announced that it will be increasing the price of its huge range of staple household goods, from Ariel and Crest to Gillette razons and Pampers nappies, due to higher shipping and raw material costs. Stock up now and you will save 100 times more that you are earning on bank deposits. Stamps story… Taxes will increase to pay for multi-billion green economic reset Mortgage lending will become harder on ‘non-green’ or poorly insulated properties, as the government forces lenders to abide by its green agenda more akin to a socialist party. Stock Markets could fall 10%, the Bank Of England has warned, and property prices could follow. Financial markets and stocks and shares could see a “sharp downturn” with lower expectation of an early economic recovery from the lockdown the Bank of England predicted last week. The QE money printing party, which have artificially fuelled property and stock markets to record highs, must eventually end. How can you protect yourself and profit from a stock market or property crash when the bubble bursts?  Fortunes have always been lost and made during a stock and property market downturn. Even if you do not directly invest in the stock market or property your pension fund manager may be doing so on your behalf. Check with your administrator or financial adviser. The answer is to learn about investing and become more financially aware.  Financial education in investing is the key to building and keeping wealth. Never stop learning!  Keep watching or listening to my free podcasts on iTunes and subscribe to my YouTube channel for regular financial news and updates. If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2  Book now as spaces fill up fast... #interestrates #realestatebubble #property #stockmarketcrash #inflation #financialeducation #freetraining #bankofengland #mortgages #propertyinvestment #investing #costofliving See omnystudio.com/listener for privacy information.
10/28/202116 minutes, 1 second
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October Budget 2021 6 Changes That Could Hit Your Pocket

October Budget 2021 6 Changes That Could Hit Your Pocket UK Chancellor Rishi Sunak will set out the government's tax and spending plans on Wednesday 27 October. The BBC is predicting six tax and budget changes at a time when Rishi Sunak has already announced a £7 billion spending spree on northern transport links and childcare help for families. There is also a possibility of extended loan support, due to end in December for businesses struggling to come out of the recession, or subject to another winter lockdown? This will be the second Budget of the year, after one in March, and will coincide with the conclusions of the 2021 Spending Review, which will give details of how government will fund public services for the next three years. Here are six possible things to watch out for in the Budget that could affect your personal finances. 1. VAT on energy bills cut 2. Alcohol tax hike 3. Capital Gains Tax rates increase 4. Student loan threshold reduction 5. Minimum wage rise increase 6. Pension higher rate allowance cut Financial education in investing is the key to building and keeping wealth. Never stop learning!  Keep watching or listening to my free podcasts on iTunes and subscribe to my YouTube channel for regular financial news and updates. If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2   See omnystudio.com/listener for privacy information.
10/24/202127 minutes, 3 seconds
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Cost Of A Comfortable Retirement Reaches £50,000 A Year For A Couple

A study shows that a couple retiring in the UK will need £49,700 per year to live comfortably, an increase of £2,200. The Pensions and Lifetime Savings Association (PLSA) estimates that a “comfortable” retirement will include two cars, replacing items like a kitchen every 10-15 years, holidays abroad and £94 per week (Waitrose/M&S) for food shopping. You could get by on a “moderate” retirement on £30,600 per annum and a “minimum” existence with just £16,700 and a food bill of £67 per week (Lidl/Aldi). With the return of higher inflation, many retired people struggle to meet the rising cost of food, fuel and council tax, let alone home maintenance and overseas trips or cruises in the sun. Many resort to the booming “equity release mortgage” industry to give them a lifetime re-mortgage on their home to help make ends meet. How much do you need in cash to provide an annuity pension of £50,000 per year? What is an annuity? Are there alternative options? Financial education is the key to building and keeping wealth. Never stop learning!  Keep watching or listening to my free podcasts on iTunes and subscribe to my YouTube channel for regular financial news and updates. Millionaires and millionaire habits have been studied and documented at academic levels for the last hundred years. Bestselling books, like The Science of Getting Rich and Thinks and Grow Rich, were written almost a century ago. I have also published my own book on how people get wealthy and how some lose it all - Yes Money Can Buy You Happiness.  We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free! If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2  Book now as spaces fill up fast... #interestrates #buytoletproperty #property #stockmarketcrash #inflation #financialeducation #freetraining #pension #annuity #retirement #mortgage #lifetimemortgage #equityrelease See omnystudio.com/listener for privacy information.
10/21/202120 minutes, 53 seconds
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Green UK Offer Heat Pump Grants To Phase Out Gas Boilers While Interest Rates Will Rise In November

The Bank of England will increase base interest rates to 0.25% next month, the market is betting. The historically low rates of 0.1% will be raised to combat rising inflation, which is expected to reach 4% this winter. Up to 90,000 UK households will be offered grants of £5,000 over the next three years to install heat pump systems to replace gas boilers.  Ahead of Glasgow’s COP26 climate change conference, the UK government has commited spending almost £4 billion of taxpayer’s money as part of the ‘Net Zero Strategy’ green agenda plan to create more electric charging points and all new heating systems to use low-carbon technology or fuel such as hydrogen by 2035. The policies are expected to create 400,000 new jobs by 2030, although much of the technology will be imported. Prime Minister Boris Johnson, sitting next to Bill Gates, has pointed to £10 billion inward investment into the UK. There is a risk that the upheaval of green policies being introduced too quickly could wipe out older industries and millions of jobs. Rishi Sunak has already announced plans to imposed environmental tariffs on large firms at a time when post-brexit Britain needs to encourage more manufacturing to narrow the widening trade gap.  Mortgage lending could become harder on ‘non-green’ properties, although details have yet to be thrashed out. Stock Markets could fall 10%, the Bank Of England has warned, and property prices could follow. Financial markets and stocks and shares could see a “sharp downturn” with lower expectation of an early economic recovery from the lockdown the Bank of England predicted last week. The QE money printing party, which have artificially fuelled property and stock markets to record highs, must eventually end. How can you protect yourself and profit from a stock market or property crash when the bubble bursts?  Fortunes have always been lost and made during a stock and property market downturn. Even if you do not directly invest in the stock market or property your pension fund manager may be doing so on your behalf. Check with your administrator or financial adviser. The answer is to learn about investing and become more financially aware.  Financial education in investing is the key to building and keeping wealth. Never stop learning!  Keep watching or listening to my free podcasts on iTunes and subscribe to my YouTube channel for regular financial news and updates. If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2  Book now as spaces fill up fast... #interestrates #realestatebubble #property #stockmarketcrash #inflation #financialeducation #freetraining #bankofengland #COP26 #heatpumpgrants #mortgages #billgates #propertyinvestment See omnystudio.com/listener for privacy information.
10/21/202122 minutes, 15 seconds
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Bank Of England Deputy Wants Urgent Regulation Of Cryptocurrencies Like Bitcoin

As the price of Bitcoin climbed to $57,700, the Bank of England deputy governor Sir Jon Cunliffe said Cryptocurrencies need regulation as a "matter of urgency". Crypto technologies do not pose a risk to financial stability at the moment, but there are "very good reasons" to think that this might not be the case for much longer, Sir Jon said in a speech. A future collapse in the price of cryptocurrency could spread through markets, he warned. A severe fall in the value of crypto-assets - for example, to zero - could force investors who have taken on debt with brokers to have to find cash or sell other assets to pay them. "Similarly, there is the possibility of contagion," he said. "A large fall in crypto valuations could affect investor risk sentiment more broadly, causing investors to sell other assets that are judged to be risky and those perceived to have a similar investor base." "Interconnectedness creates the possibility that shocks are transmitted through the financial system," he added. In the past year, crypto-assets have grown around 200% in value from just under $800bn (£580bn) to $2.3tn (£1.7tn). While this is relatively small in the context of the $250tn global financial system, the 2008 financial crisis was triggered by the sub-prime sector which was valued then at $1.2tn, Sir John said. Most crypto-assets, such as Bitcoin, are not backed up in the real world by assets or commodities, but strings of computer code, and make up 95% of the $2.3tn. As a result, they are volatile, he said. Connections between cryptocurrencies and the traditional financial system are also growing as big investors, hedge funds and banks become more involved, Sir Jon said. "Bringing the crypto world effectively within the regulatory perimeter will help ensure that the potentially very large benefits of the application of this technology to finance can flourish in a sustainable way," he added. Source: BBC. China recently banned all Crypto trading, having previously outlawed Crypto, mining to avoid a similar risks as well as any challenge to their markets and own digital currency. Central banks and major governments will not allow Cryptocurrency to replace the currency which they control. Crypto is not recognised or even taxed as currency. The Bank of England previously advised that people should only invest money into Crypto that they could afford to lose. When you borrow to buy Crypto or other volatile assets such as stocks and shares – a practice usually known as gambling - you risk losing more than your original stake. Before the 1929 stock market crash, people were able to borrow to buy stocks using the stock as collateral. When the price dropped by 70%, the broker made a margin call demanding repayment which pushed thousands of people into bankruptcy.  With inflation eating away the buying power of savings where can you invest for higher returns without risk? The answer is that all investment carries a degree of risk. Even money on deposit in a bank is at risk if the bank fails, although most governments have some sort of deposit protection scheme in place. Cryptocurrency is a high-risk investment, and some would call it speculation. Investing in the stock market can also be risky, as values can go down as well as up. Blue-chip shares, in major well-established companies, are less risky than smaller companies or start up tech firms for instance.  Property investment can be risky especially if you don’t know what you are doing, like buying blind at an auction because you’ve watch ‘Homes Under The Hammer”! Financial education is the key to building and keeping wealth. Never stop learning!  Keep watching or listening to my free podcasts on iTunes and subscribe to my YouTube channel for regular financial news and updates. Millionaires and millionaire habits have been studied and documented at academic levels for the last hundred years. Bestselling books, like The Science of Getting Rich and Thinks and Grow Rich, were written almost a century ago. I have also published my own book on how people get wealthy and how some lose it all - Yes Money Can Buy You Happiness.  We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free! If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2  Book now as spaces fill up fast... #cryptocurrency #crypto #buytoletproperty #property #stockmarketcrash #inflation #financialeducation #freetraining #propetyinvestor #stockmarketinvestment See omnystudio.com/listener for privacy information.
10/18/202122 minutes, 54 seconds
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Interest Rate Rise By December Economists Predict

As prices, wages and inflation soars, the market is pricing a rise in interest rates before Christmas. The Times reports that economists at Bank of America expect a modest 0.15 percentage point rise in December taking base rates up to .25%. Base lending rates have not increased since 2018 and in March 2020 during the pandemic the Bank of England slashed rates to an historical low of 0.1%. Central banks are between a rock and a hard place where they will be forced to raise rates to curb inflation but will pay billions more on their own borrowing. A rise of just 1% will cost the UK an additional £10 billion a year. The cost will be billions more for the US. 1.1 million job vacancies Job vacancies in the UK have reached a 20-year high, which will slow economic recovery. The ONS reports that the number of employees on payrolls showed another monthly increase, rising 207,000 to a record 29.2 million in September. The Institute for Employment Studies (IES) said labour shortages were "affecting the whole economy, and where likely between a quarter and a third is explained by lower migration". Tony Wilson, director of the IES, told the BBC there were now fewer unemployed people per vacancy than at any time in at least 40 years. This is down to fewer older people in work and more young people in education he said. The number of vacancies hit another record high of 1.1 million and average weekly earnings, including bonuses, are 7.2% higher than this time last year. Wage rises, which have reach 15-20% in some sectors, are normally followed by higher inflation and consumer prices for all. Business leaders want to be allowed to import the workers they need to fill labour shortages. However, the government wants an end to low-skilled and low-wage immigration. The energy crisis is threatening to shut down manufacturing production in the UK within days unless the government takes urgent action. Businesses want the government to protect them from huge increases in energy costs as well as reducing or removing ‘green tariffs’, which puts them at a disadvantage compared to countries like China. The UK is sitting on a gold mine of natural shale gas that the government will not exploit due to environmental concerns. The US takes advantage of its shale gas which is why prices are one sixth of UK gas. While China powers industry with coal fired stations, the UK refuses to reopen new coal mines in order to meet environmental targets which Asian competitors ignore. China’s debt and real estate bubble has not gone away, with Evergrande and Fantasia expected to default on more upcoming debt repayments. Stock Markets could fall 10%, the Bank Of England has warned Financial markets and stocks and shares could see a “sharp downturn” with lower expectation of an early economic recovery from the lockdown the Bank of England predicted this week.   How can you protect yourself and profit from a stock market or property crash?  Even if you do not directly invest in the stock market or property your pension fund manger may be doing so on your behalf. Check with your administrator or financial adviser. The answer is to learn about investing and become more financially aware.  Financial education is the key to building and keeping wealth. Never stop learning!  Keep watching or listening to my free podcasts on iTunes and subscribe to my YouTube channel for regular financial news and updates. If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2  Book now as spaces fill up fast... #interestrates #evergrande #chinacrisis #realestatebubble #property #stockmarketcrash #inflation #financialeducation #freetraining #evergrande #chinapropertybubble #bankofengland See omnystudio.com/listener for privacy information.
10/15/202131 minutes, 20 seconds
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Is High Street Retail Really Dead?

With everyone talking about the end of physical shopping, Amazon is opening shops! Morrisons supermarket UK chain is going through £7 billion takeover. Costo is booming, Aldi and Lidl are expanding. Asia’s richest man, Mukesh Ambani (worth $99 billion) is bringing 7-Eleven stores to India, one of the fastest growing economies in the world. Which is Britain’s cheapest supermarket? Many stores have suffered in the last year with famous names like Debenhams and Gap disappearing from our towns, but basics like food and other necessities seems to be thriving. Online retailing and home delivery are still increasing, but there is still room for physical stores. See omnystudio.com/listener for privacy information.
10/14/202116 minutes, 50 seconds
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Stock Markets Could Drop 10% Bank Of England Warns

Financial markets and stocks and hares could see a “sharp downturn” if investors start to reconsider the prospects of economic recovery from the lockdown amid supply problems, rising prices and a spending squeeze, the Bank of England predicts. The UK’s central bank's financial policy committee (FPC) warned of a “correction”, defined as a drop of at least 10% in the price of a share from its most recent peak. The bank has seen signs of increased risk-taking at investment banks – the people who get paid huge sums to play with other people’s money at the stock market casino! Stock indexes around the world have hit record levels this year, from a crash in 2020, as investors bet on a strong economic bounce back from the pandemic. However, worrying levels of inflation have returned to the UK, US and Germany sparking fears that growth could be stunted in the face of supply chain bottlenecks, soaring wholesale natural gas prices and skills shortages. In the UK, millions of households and businesses are facing a long winter of discontent from a cut in benefits and state support combined with a surge in energy prices not seen since the 1970’s Arab oil crisis which sent economies across the globe into recession. The Bank is also concerned that higher borrowing during the public health emergency has likely put more businesses at risk. It said: "The increase in debt - though moderate in aggregate - has likely led to increases in the number and scale of more vulnerable businesses. "As the economy recovers and government support, including restrictions on winding up orders, falls away, business insolvencies are expected to increase from historically low levels." Around 1.7 million companies borrowed money under emergency loan schemes, like the bounce back loans, that were launched last year. Many of them were very small companies without high debt, but desperately needed of cash to avoid immediate collapse. Source Sky News. China’s debt and real estate bubble has not gone away, with Evergrande and Fantasia expected to default on more upcoming debt repayments. How can you protect yourself and profit from a stock market or property crash?  Even if you do not directly invest in the stock market or property your pension fund manger may be doing so on your behalf. If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2  Book now as spaces fill up fast... #evergrande #chinacrisis #realestatebubble #property #stockmarketcrash #inflation #financialeducation #freetraining #evergrande #chinapropertybubble #pension #drivershortage #bankofengland See omnystudio.com/listener for privacy information.
10/13/202120 minutes, 27 seconds
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Another Chinese Property Company Defaults On Interest Payment To Bondholders

As a second property giant fails to pay debt interest investors fear a property collapse in China’s real estate bubble. On Monday, a Chinese developer of luxury apartments Fantasia missed a $315 million payments to lenders, sparking fears that financial strains in the country's overheated property sector are spreading beyond the troubled Evergrande’s troubles. The FT reports that Beijing’s crackdown on borrowing by property developers threatens to end China’s love affair with London property. The latest Chinese debt-ridden property company is Fantasia Holdings, a Shenzhen-based developer which missed repaying $206 million worth of bonds that matured Monday. In a statement to the HK stock exchange, the company said it is assessing "the potential impact on the financial condition and cash position of the group,". Trading in shares, down by 80% this year, were suspended. The property management unit of Country Garden, China's second largest developer by sales after Evergrande, reported that Fantasia had failed to repay a company loan of about 700 million yuan ($109 million). Fantasia had informed the company that it would probably "default on [its] external debts," to Country Garden Services, according to CNN. Other Business News Johnson Promises Wage Boost. In a speech to the Conservative Party Conference in Manchester, Prime Minister Boris Johnson wants to end the UK’s “low wage economy” fuelled by “uncontrolled immigration”.  Gas Prices Fall After Putin Boosts Production. UK wholesale gas prices dropped after hitting a record high after Russia announced a boost in supplies to Europe. Russia President Vladimir Putin calmed the market after gas prices had risen by 37% in 24 hours to trade at 400p per therm on Wednesday. The price fall will be welcome news to millions of British consumers facing record energy prices this winter. Consumer Price Rise Highest In 25 Years. Inflation fears as prices rise across the world, sparking fears of hyper-inflation caused by unprecedented money printing. Markets are predicting 6% inflation leading to ‘stagflation’. Facebook Restores Service After This Week’s Outage. How did the social media downtime affect you? How much time do you spend on social media? Some people admit to more than 10 hours a day screentime, which you can check on most smartphones. If you are just using social media for entertainment, could you use your time more effectively? Can you make money on social media? YES! We can all learn to not only how to use social media,  but also how to make money on social media… "Stop Wasting Time On Social Media And Start Making Money Instead" You can learn how to make money on social media from my mentor Paul O’Mahony, founder of the ReThink Academy, who has made millions online starting from nothing. In this FREE webclass you're going to see: How to​ use the time you're already spending on the internet to build a digital business in your spare time. How to​ get a product to sell if you don't have one already and... how to get it for nothing. The exact strategy​ "he used to make my first million and quit my job permanently without a big budget, or any experience with social media." You'll discover all this and more when you watch the webclass below. I'M READY TO WATCH THE FREE TRAINING NOW! WATCH THIS TRAINING IF: You own a business. You want to own a business without quitting your job yet. You are serious about building a profitable online business. You're tired of wasting time on social media and want to make money instead. "Stop Wasting Time On Social Media And Start Making Money Instead" (even if you lack time, resources, experience, or expertise). I'M READY TO WATCH THE FREE TRAINING NOW! CLICK HERE TO WATCH https://bit.ly/38rzLvZ Spots Fill Up Fast - Limited Seats Available! #socialmediamarketing #makemoneyonline #WhatsApp #Facebook #gasprices #chinaproperty #stockmarket #propertybubble #evergrande #fantasia #stagflation See omnystudio.com/listener for privacy information.
10/10/202121 minutes, 41 seconds
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Facebook And WhatsApp Went Down Yesterday – How Do We Manage Without Social Media?

Half the global population are now on one of Facebook’s platforms. How much time do you spend on social media? Can you make money on social media? I notice that kids are very good at creating videos and posts on social media. Unlike me, they have grown up with IT and social media, but that doesn’t mean us oldies can’t get in on the act! We can all learn to not only how to use social media,  but also how to make money on social media… "Stop Wasting Time On Social Media And Start Making Money Instead" You can learn how to make money on social media from my mentor Paul O’Mahony, founder of the ReThink Academy, who has made millions online starting from nothing. In this FREE webclass you're going to see: How to​ use the time you're already spending on the internet to build a digital business in your spare time. How to​ get a product to sell if you don't have one already and... how to get it for nothing. The exact strategy​ "he used to make my first million and quit my job permanently without a big budget, or any experience with social media." You'll discover all this and more when you watch the webclass below. I'M READY TO WATCH THE FREE TRAINING NOW! WATCH THIS TRAINING IF: You own a business. You want to own a business without quitting your job yet. You are serious about building a profitable online business. You're tired of wasting time on social media and want to make money instead. "Stop Wasting Time On Social Media And Start Making Money Instead" (even if you lack time, resources, experience, or expertise). I'M READY TO WATCH THE FREE TRAINING NOW! CLICK HERE TO WATCH https://bit.ly/38rzLvZ Spots Fill Up Fast - Limited Seats Available! #socialmediamarketing #makemoneyonline #WhatsApp #Facebook See omnystudio.com/listener for privacy information.
10/7/202110 minutes, 24 seconds
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10,000 Visas For Drivers And Poultry Workers Will Not Solve Food And Fuel Shortages

The government’s widely anticipated emergency programme to issue temporary visas to up to 5,000 lorry drivers is not enough to fix Britain’s food and fuel supply-chain crisis and is unlikely to attract workers to the UK, haulage chiefs have warned. Ministers on Sunday announced rushed plans to add 5,000 HGV drivers and 5,500 poultry workers to a visa scheme until Christmas. Marco Digioia, the head of the European Road Haulers Association representing more than 200,000 trucking companies across the continent, told the Observer that “much more would be needed” than a temporary relaxation of immigration rules. “There is a driver shortage across Europe,” he said. “I am not sure how many would want to go to the UK.” With staff shortages in other EU countries, such as Germany, attracting people to come and work in the UK for three months will prove a challenge. The temporary work permit scheme will not resolve the estimated UK shortage of around 100,000 drivers. Setting up the visa scheme and recruit and training and approving the drivers could take several weeks, if not months, and there is also a shortage of 400,000 drivers in Europe.  The government ruled out deploying HGV driver from the Armed services, which would have provided immediate relief. Although there are over a million people unemployed in the UK, most will not be licensed to drive heavy goods vehicles. More funding is needed to provide training and support to recruit staff locally. There are 5 million people on universal credit benefit and 600,000 still on the job retention furlough scheme until the end of September – employers are paid by taxpayers to have staff sitting at home months after the economy has reopened. Would you like to learn more about property investing? Free Property Event Live Online Property Networking Meeting Sunday 3 October 7PMMaster your property investor networking skills as the world moves back to normal! Discover how to create and develop relationships in the property world and maximise your portfolio.In today’s marketplace, businesses that are operating in the same industry are classed as competitors. But in the world of property, it is the complete opposite.Fellow property investors are your allies, your motivators, potential JV partners, private funders and more importantly, your reliable support network.Join great speakers and property investors online at 7:00PM on Sunday 3rd October 2021Click here to register: https://bit.ly/3zvaBHRSee omnystudio.com/listener for privacy information.
10/1/202117 minutes, 45 seconds
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Half Mortgage Borrowers Still In Debt After Retirement As Equity Release Takes Off

Almost half of new UK mortgages are being made to borrowers who will not have paid off their loans by age 65, according to the trade association, UK Finance. Longer and lifetime mortgages are part of a growing trend towards people ending their lives in debt to the banks. This compares to a third of borrowers in 2014. Lifetime mortgages or equity release have become more popular in the last decade after soaring property values have encouraged people seek to pull cash from their homes. More lenders have entered the market and advertise heavily on daytime TV. Equity release loans can be used to help provide children and grandchildren with a deposit on their first home, supplement pensions or mitigate inheritance tax by reducing the value of the estate left on death. As a former financial adviser, I met people who lived in mortgage-free valuable homes which they could not afford to maintain or heat. I also met borrowers who did not know the difference between an interest-only and repayment mortgage. They did not realise that their loan would not be paid off and that they were only paying interest and not capital. Lenders can demand full repayment of the loan at the end of the mortgage and are not obliged to extend the term. You should get independent advice if you are interested in releasing equity – borrowing - from your home. The Bank of England has held base interest rates at 0.1% despite forecasting 4% inflation by the year end. However, the market expects rates to rise in early 2022. Other articles: Property Sales Up 32% In August Free Property event Live Online Property Networking Meeting Sunday 3 October 7PM Master your property investor networking skills as the world moves back to normal! Discover how to create and develop relationships in the property world and maximise your portfolio. In today’s marketplace, businesses that are operating in the same industry are classed as competitors. But in the world of property, it is the complete opposite. Fellow property investors are your allies, your motivators, potential JV partners, private funders and more importantly, your reliable support network. Join great speakers and property investors online at 7:00PM on Sunday 3rd October 2021 Click here to register: https://bit.ly/3zvaBHRSee omnystudio.com/listener for privacy information.
9/30/202117 minutes, 4 seconds
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China Bans All Cryptocurrency Transactions Declaring Any Trading “Illegal”

China's central bank has declared all transactions of crypto-currencies illegal, in effect banning digital tokens such as Bitcoin. "Virtual currency-related business activities are illegal financial activities," the People's Bank of China said, warning it "seriously endangers the safety of people's assets". This is a blow to independent digital “currencies”, as China is one of the world's largest crypto-currency markets. Is Crypto a real currency? It is certainly not a reliable and stable way to pay for things. The price of Bitcoin fell by more than $2,000 (£1,460) today following the Chinese announcement. It is the latest in China's national crackdown on what it sees as a volatile, speculative investment at best - and a way to launder money at worst. The latest move follows a 2019 ban on trading crypto-currency, which has continued online through foreign exchanges. China has warned of crackdowns on crypto this year. In May, Chinese state intuitions warned buyers they have no protection for continuing to trade Bitcoin and other currencies online. In June, it told banks and payment platforms to stop facilitating transactions and issued bans on "mining" the currencies - the trade of using power hungry computers to create new digital coins. Friday's announcement is a stark warning yet that China wants to shut down crypto-currency trading in all its forms. The statement clearly states that anyone involved in "illegal financial activities" are committing a criminal offence and will be prosecuted. Even foreign websites providing such services to Chinese citizens online is also an illegal activity. China already has its own digital version of the Yuan, and other central banks are set to follow in a bid to phase own cash and get a tighter grip on our money. Will other governments eventually ban non-central bank currencies? How digital coins are mined The technology behind crypto-currencies, including the leading crypto Bitcoin, is linked on many distributed computers verifying and checking transactions on a giant shared ledger known as the blockchain. New "coins" are randomly awarded to those who take part in this work - known as crypto "mining". China, with its relatively low electricity costs and cheaper computer hardware, has become one of the world's main centres for mining activity. Online gamers blame the mining industry for a global shortage of powerful graphics cards, which miners use for processing crypto-currencies. Two years ago in September 2019, China accounted for 75% of the world's Bitcoin energy use, but by April 2021 it had dropped to just 46%. Other money news Driverless trucks are here just in time to save us from the so-called driver shortage  UK government considering temporary working visas to solve ‘driver shortage’ Fuel shortage in UK blamed on driver shortage as protestors block Dover port Seasonal Agricultural Workers Scheme working visa to be changed to save crops Stock market crash avoided as Evergrande comes to an arrangement with creditors Half UK mortgage borrowers remain in debt after retirement as living standards fall UK base interest rates held as Bank of England predicts 4% inflation and 2022 rate rise New ‘world order’ is here – wake up! The world of business has changed forever and unless you adapt your business will decline. What can you do to take advantage of the changes rather than hoping things will go back to ‘normal’ again? They won’t. The biggest revolution is the explosion in online trading and social media marketing. Businesses which have adapted have boomed while others are no longer in business. Can you make money on social media? I notice that kids are very good at creating videos and posts on social media. Unlike me, they have grown up with IT and social media, but that doesn’t mean us oldies can’t get in on the act! We can all learn to not only how to use social media,  but also how to make money on social media… "Stop Wasting Time On Social Media And Start Making Money Instead" You can learn how to make money on social media from my mentor Paul O’Mahony, founder of the ReThink Academy, who has made millions online starting from nothing. In this FREE webclass you're going to see: How to​ use the time you're already spending on the internet to build a digital business in your spare time. How to​ get a product to sell if you don't have one already and... how to get it for nothing. The exact strategy​ "he used to make my first million and quit my job permanently without a big budget, or any experience with social media." You'll discover all this and more when you watch the webclass below. I'M READY TO WATCH THE FREE TRAINING NOW! WATCH THIS TRAINING IF: You own a business. You want to own a business without quitting your job yet. You are serious about building a profitable online business. You're tired of wasting time on social media and want to make money instead. "Stop Wasting Time On Social Media And Start Making Money Instead" (even if you lack time, resources, experience, or expertise). I'M READY TO WATCH THE FREE TRAINING NOW! CLICK HERE TO WATCH https://bit.ly/38rzLvZ Spots Fill Up Fast - Limited Seats Available! #socialmediamarketing #makemoneyonline #china #property #stockmarketcrash #bitcoin #cryptocurrenciesSee omnystudio.com/listener for privacy information.
9/27/202130 minutes, 1 second
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Inflation Is Back As Prices See Biggest Rise Since Records Began In 1997

Consumer price rises in the UK saw the highest leap since records began in 1997 as the economy opened up following several lockdowns. According to official government figures, the increase in the cost of living, as measured by the Consumer Prices Index, reached 3.2% (50% above BOE target) in the year to August, the highest since 2017. Rising prices for food, petrol and used cars were up from 2% the previous month. But the Office for National Statistics (ONS) is following the Bank of England’s line describing the August's price increases as "temporary". The markets barely reacted to the higher inflation figures with London Stock Market prices down slightly this morning. The main weapon employed by central banks to curb inflation is to increase interest rates. However, this will also increase their own government’s interest payments on the trillions of Pounds, Dollars and Euros they have created to prevent a covid recession and stock market crash. One thing that’s certain to go up is tax! Tax hikes, like the tax on landlords, to pay for the billions in financial stimulus to rescue the economy during the last year. How are you adapting to the ‘new world order’? The world of business has changed and unless you adapt your business will decline. What can you do to take advantage of the changes rather than hoping things will go back to ‘normal’ again? They won’t. The biggest revolution is the explosion in online trading and social media marketing. Businesses which have adapted have boomed while others are no longer in business. Can you make money on social media? I notice that kids are very good at creating videos and posts on social media. Unlike me, they have grown up with IT and social media, but that doesn’t mean us oldies can’t get in on the act! We can all learn to not only how to use social media,  but also how to make money on social media… "Stop Wasting Time On Social Media And Start Making Money Instead" You can learn how to make money on social media from my mentor Paul O’Mahony, founder of the ReThink Academy, who has made millions online starting from nothing. In this FREE webclass you're going to see: How to​ use the time you're already spending on the internet to build a digital business in your spare time. How to​ get a product to sell if you don't have one already and... how to get it for nothing. The exact strategy​ "he used to make my first million and quit my job permanently without a big budget, or any experience with social media." You'll discover all this and more when you watch the webclass below. I'M READY TO WATCH THE FREE TRAINING NOW! WATCH THIS TRAINING IF: You own a business. You want to own a business without quitting your job yet. You are serious about building a profitable online business. You're tired of wasting time on social media and want to make money instead. "Stop Wasting Time On Social Media And Start Making Money Instead" (even if you lack time, resources, experience, or expertise). I'M READY TO WATCH THE FREE TRAINING NOW! CLICK HERE TO WATCH https://bit.ly/38rzLvZ Spots Fill Up Fast - Limited Seats Available!    #socialmedia #socialmediamarketing #inflation #freewebclass #makemoneyonline See omnystudio.com/listener for privacy information.
9/23/202112 minutes, 4 seconds
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Will Chinese Property Giant Evergrande’s Debt Default Spark The Next Asian Financial Crisis?

The huge Chinese property company, Evergrande, is repaying investors in its wealth management business with property instead of cash this week. The world's most indebted real estate developer faces a crunch this week while investors fear a default. Major banks have reportedly already been informed they will not receive interest payments on loans that are due this week and further interest payments of $84m (£61m) on the firm's bonds are due on Thursday. The company's shares dropped by more than 10% in Hong Kong trade on Monday, but are down 90% on its 52 week high. The multi-billion dollar property business deepening debt problems have triggered fears over the impact its potential collapse could have on China's, as well as the western world’s, economies. Evergrande grew to be one of China's biggest companies by borrowing a massive $300bn (£217bn). The Beijing government has recently brought in new laws to control the amount owed by big real estate developers to stave off a potential debt crisis. This led Evergrande offering properties at major discounts to ensure money was coming in to keep the business afloat, is still struggling to meet the interest payments on its debts. This uncertainty has seen Evergrande's share price tumble by almost 90% on last year and bonds have also been downgraded to ‘junk’ by global credit ratings agencies. Businessman Hui Ka Yan founded Evergrande, formerly known as the Hengda Group, in 1996 in Guangzhou, southern China. He is worth $10.6bn, according to Forbes, but that figure may need updating. Evergrande Real Estate currently owns more than 1,300 projects in more than 280 cities across China. Evergrande Group now encompasses far more than just real estate development and includes businesses range from wealth management, making electric cars and food and drink manufacturing. It even owns one of country's biggest football teams - Guangzhou FC. Too much diversification outside of the core business can stretch management and lead to problems. How will it affect the world if Evergrande collapses? Thousands of Chinese investors riding the wave of a booming market have bought property from Evergrande ‘off-plan’ even before building work began. They have paid deposits and could potentially lose that money if it goes bust. The companies that do business with Evergrande stand to lose millions if the company fails to pay outstanding invoices. Firms including construction and design firms and materials suppliers are at risk of incurring major losses, which could force them into bankruptcy. There are rumours of hundreds of unfinished projects where unpaid constructions firms have downed tools.  The more worrying aspect is the potential impact on China's entire financial system.   The KEY to building and KEEPING wealth is financial education. Millionaires and millionaire habits have been studied and documented at academic levels for the last hundred years. Bestselling books, like The Science of Getting Rich and Thinks and Grow Rich, were written almost a century ago. I have also published my own book on how people get wealthy and how some lose it all - Yes Money Can Buy You Happiness.  We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free! If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2  Book now as spaces fill up fast...See omnystudio.com/listener for privacy information.
9/21/202120 minutes, 21 seconds
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Almost 5 million Granted UK Residence Under EU Settlement Scheme

Almost 5 million Granted UK Residence Under EU Settlement Scheme  Despite warnings of a mass ‘Brexit exodus’ of European migrants, it has emerged that just under five million people were granted the right to live and work in the UK under the EU Settlement Scheme so far, according to official estimates. Home Office figures reveal that, as of the end of June, some 4,908,760 EU citizens had been granted an immigration status to remain in the country as full freedom of movement to live and work in the UK came to a close following Brexit transition. EU citizens – as well as people from Iceland Liechtenstein, Norway and Switzerland – and their families were invited to apply to the scheme by the June 30 deadline. Quarterly data published this week showed that the Home Office had processed 5.5 million applications for settlement by the deadline, with the highest numbers of applications coming from Polish, Romanian and Italian nationals The latest figures are much higher than the official estimate of how many EU nationals are living in the UK. The Office for National Statistics (ONS) indicated that in mid-2020 this was 3.5 million. More than six million applications (6,050,860) were submitted between the launch of the scheme in March 2019 and the June 30 2021 cut-off date. Over 2.8 million applicants were granted settled status, allowing them permanent leave to remain in the UK. A further 2.3 million (2,327,850) were granted pre-settled status, meaning they need to reapply after living in the country for five years to gain permanent residence or indefinite leave to remain in the UK. Included in this number, immigration status was granted to 295,890 people from countries like India, Pakistan and Brazil under the scheme, which allows family members who are not EU or European Economic Area nationals to also apply. The Home Office said: “Across all nationalities, the highest numbers of applications received were from Polish, Romanian and Italian nationals. This has been the trend throughout the life of the scheme.” There were 109,430 applications refused, 80,600 withdrawn or void, and 79,730 were deemed invalid, where the Home Office decides someone is not eligible to apply or has failed to provide sufficient proof of residence. The Home Office said 8% of the applications were from “repeat applicants” (472,220). Among the applications were more than one million from children (1,002,280). Some 772,260 of the applications from under-18s finalised by the end of June were granted an immigration status, while 32,870 requests were refused, withdrawn, void or invalid, the figures indicate. In London, Newham saw the highest number of applications to the scheme (142,120). Outside London, the highest number was in Birmingham in the West Midlands (138,490). It is still not known how many people in the UK are eligible for the scheme but could remain in the country undocumented. Anyone who has not yet applied may have lost their lawful immigration status after the deadline, although late applications can be made under limited reasonable grounds and the Government has said there is no cut-off date for doing so. Those who applied before the deadline but have yet to receive a decision are protected under existing rights, subject to the outcome of the application and any appeal. Anyone who does not apply and continues to live in the UK without being able to prove their immigration status could face enforcement action. Most migrating EU citizens will in future need a work permit to live and work in the UK. The UK has one million job vacancies including a shortage of lorry drivers and builders, much of which has been blamed on Brexit. However, the latest Home Office settlement figures appears to contradict this claim. The mainstream media keep spreading rumours that there will be empty supermarket shelves this Christmas because of the lorry driver shortage and Brexit, yet everywhere I look there’s a lorry or van thundering down my street! You can’t move for delivery vans dropping off goods to people who for whatever reason prefer not to go to a shop. Finally, if most of our food is imported, would that not be delivered by a lorry from the country from which the food is being sent? Of course it would! That’s why our motorways are clogged up with juggernauts from Spain, Netherlands, Romania, Poland and just about every other EU country.  Trending Tensions rise as China denounces AUKUS Pact between US, UK and Australia Highest price rises since CPI records began as inflation hits 3.2% - https://youtu.be/wv7-WPv-mHs  Emma Raducanu becomes instant millionaire at 18 and could earn £150m! - https://youtu.be/koAbiFVlgqg Time to get out of stocks and shares? Market Warning - https://youtu.be/_vOblIQYxqo The new world order is here The world of business has changed and unless you adapt your business will decline like it has for thousands of small businesses as well as companies like Debenhams and Gap. What can you do to take advantage of the changes rather than hoping things will go back to ‘normal’ again? They won’t. The biggest revolution is the explosion in online trading and social media marketing. Businesses which have adapted have boomed while others are no longer in business. Can you make money on social media? I notice that kids are very good at creating videos and posts on social media. Unlike me, they have grown up with IT and social media, but that doesn’t mean us oldies can’t get in on the act! We can all learn to not only how to use social media,  but also how to make money on social media… "Stop Wasting Time On Social Media And Start Making Money Instead" You can learn how to make money on social media from my mentor Paul O’Mahony, founder of the ReThink Academy, who has made millions online starting from nothing. In this FREE webclass you're going to see: How to​ use the time you're already spending on the internet to build a digital business in your spare time. How to​ get a product to sell if you don't have one already and... how to get it for nothing. The exact strategy​ "he used to make my first million and quit my job permanently without a big budget, or any experience with social media." You'll discover all this and more when you watch the webclass below. I'M READY TO WATCH THE FREE TRAINING NOW! WATCH THIS TRAINING IF: You own a business. You want to own a business without quitting your job yet. You are serious about building a profitable online business. You're tired of wasting time on social media and want to make money instead. "Stop Wasting Time On Social Media And Start Making Money Instead" (even if you lack time, resources, experience, or expertise). I'M READY TO WATCH THE FREE TRAINING NOW! CLICK HERE TO WATCH https://bit.ly/38rzLvZ Spots Fill Up Fast - Limited Seats Available!    #eusettlement #immigration #makemoney #socialmediamarketing #makemoneyonline #euimmigration #ukresidence #workpermit See omnystudio.com/listener for privacy information.
9/20/202126 minutes, 24 seconds
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Buy NowPay Later

See omnystudio.com/listener for privacy information.
9/16/202110 minutes, 45 seconds
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Tax Landlords To Pay For Social Care Sir Kier Starmer Will Tell LGA

Tax Landlords and Wealth to pay for social care is the expected policy of the leader of the opposition Labour Party Sir Kier Starmer, the BBC reports. Is taxing savers and investors the answer? Will increased taxes on investors and businesses solve the economic crisis? What can you do to protect yourself?See omnystudio.com/listener for privacy information.
9/14/202113 minutes, 43 seconds
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Mortgage price war drives UK property prices to record levels - up 7% on August 2020.

Barclays offering a 2-year fixed rate mortgage at just .97%! London offices busy again as staff return to work, with London Transport reporting a 20% jump in passenger numbers.  £36 Billion Tax Hike, London Property Market Busy As Offices Fill Up Boris Johnson plans to raise £36 billion with higher taxes to ‘fix’ social care and the NHS. New dividend tax could hit shares and stock market, as well as pension and investment funds. Savers and property owners will be hit with taxes and have to pay for care. Staff shortages hitting businesses.   Can you make money on social media? I notice that kids are very good at creating videos and posts on social media. Unlike me, they have grown up with IT and social media, but that doesn’t mean us oldies can’t get in on the act! We can all learn to not only how to use social media,  but also how to make money on social media… "Stop Wasting Time On Social Media And Start Making Money Instead" You can learn how to make money on social media from my mentor Paul O’Mahony, founder of the ReThink Academy, who has made millions online starting from nothing.   In this FREE webclass you're going to see: How to​ use the time you're already spending on the internet to build a digital business in your spare time. How to​ get a product to sell if you don't have one already and... how to get it for nothing. The exact strategy​ "he used to make my first million and quit my job permanently without a big budget, or any experience with social media." You'll discover all this and more when you watch the webclass below.   I'M READY TO WATCH THE FREE TRAINING NOW!   WATCH THIS TRAINING IF: You own a business. You want to own a business without quitting your job yet. You are serious about building a profitable online business. You're tired of wasting time on social media and want to make money instead. "Stop Wasting Time On Social Media And Start Making Money Instead" (even if you lack time, resources, experience, or expertise).   I'M READY TO WATCH THE FREE TRAINING NOW! CLICK HERE TO WATCH https://bit.ly/38rzLvZ Spots Fill Up Fast - Limited Seats Available! See omnystudio.com/listener for privacy information.
9/9/202124 minutes, 13 seconds
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Migrant’s 11-Year-Old Child Genius Who Wants To Study Medicine At Oxford Will Amaze You

Chloe was born in London to immigrant parents from the Philippines. Although they worked hard day and night, money was tight for the family you came to the UK with nothing. Despite her humble beginning, Chloe showed an early aptitude for learning. She was particularly talented with mathematics and was racing ahead of her school friends after her parents found the money to send her to private Kumon lessons. At 8-years old Chloe could solve complex equations normally taught to A-Level students. She was even able to demonstrate this skill on her YouTube channel. The child genius scored 143 on a recent Mensa test, but brains alone are not enough without hard work. Chloe is extremely disciplined with her time and plans every aspect of her day. She also sets short and long-term goals. She aims high. Having won a place at one of London’s top high schools starting this month, she has set her sights becoming a paediatrician at Oxford University. Her now single mum devotes her life to Chloe even if her salary as a care supervisor does not stretch very far when it comes to paying for an expensive uniform or Kumon lessons. Chloe is an engaging speaking and takes part in pageants and talent shows in her spare time. Her work ethic and positive attitude are typical of the many migrants who succeed in the UK despite starting with no money, no contacts and none of the advantages of native-born Britons. Chloe and her mother are an inspiration to us all and I have no doubt that she will go far and wish her every success.See omnystudio.com/listener for privacy information.
9/3/202116 minutes, 24 seconds
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Can You Get Rich As An Employee?

My answer might surprise you… The highest paid FTSE 100 company executive is the CEO of pharmaceutical giant Astra Zeneca, Pascal Soriot, who earned £15.45 million in 2020 for his part in delivering the covid vaccine to tens of millions of people. The median FTSE CEO was paid £2.69 million – 86 times the median full-time worker - in 2020, according to the High Pay Centre think tank. The boss of the credit search agency Experian, Brian Cassin, earned £10.3 million, but CEOs of PLC companies are not the highest paid people in the UK. Denise Coates, the boss of privately owned online gambling firm BET 365 earned £421 million. 4 Ways Employees Can Get Rich: Performance related pay and bonuses Salary Pensions Share or stock options Millions of small business owners, freelance and self-employed workers earn less than the minimum wage when taking into account the number of hours they put in, and most would be better off driving a bus. However, most self-made millionaires are business owners who have worked hard building their businesses up over many years. Millionaires and millionaire habits have been studied and documented at academic levels for the last hundred years. Bestselling books, like The Science of Getting Rich and Thinks and Grow Rich, were written almost a century ago. I have also published my own book on how people get wealthy: Yes Money Can Buy You Happiness. You can find it on Amazon: https://www.amazon.co.uk/Yes-Money-Can-Buy-Happiness/dp/1095175858 We know exactly what the millionaire habits and traits are, as success leaves tracks. All you have to do is follow their tracks to become wealthy and financially free! If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2 See omnystudio.com/listener for privacy information.
9/2/202118 minutes, 31 seconds
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Millions Have NO Savings And Worry About Money - What Can You Do About It?

Millions of people have little or no savings and are worried about financial security.  In the UK, savers face an estimated savings shortfall of £371 billion to feel financially secure. Most people are no more than a couple of salary cheques away from bankruptcy and are forced to borrow at high interest rates to cover a minor repair, holidays and Christmas. Everyone wants to be financially free or just have a little more money coming in each month. The problem is they don’t know how.  If you are on a fixed salary your options can seem limited. You may have limited opportunities for promotion and starting a business can be expensive and risky. But what if there was a way to earn extra money on the side, without leaving the security of your job or existing business. Did you know that you can make money on social media instead of wasting time on it?  With millions more people turning to the internet to buy goods and services and hold meetings, there has never been a better time to make money online. Internet transactions have reached record levels while traditional retail businesses are suffering.  "Stop Wasting Time On Social Media And Start Making Money Instead" You can learn how to make money on social media from my mentor Paul O’Mahony, founder of the ReThink Academy, who has made millions online starting from nothing. In this FREE webclass you're going to see: How to​  use the time you're already spending on the internet to build a digital business in your spare time. How to​  get a product to sell if you don't have one already and... how to get it for nothing. The exact strategy​ "he used to make my first million and quit my job permanently without a big budget, or any experience with social media." You'll discover all this and more when you watch the webclass below. I'M READY TO WATCH THE FREE TRAINING NOW! WATCH THIS TRAINING IF: You own a business. You want to own a business without quitting your job yet. You are serious about building a profitable online business. You're tired of wasting time on social media and want to make money instead. "Stop Wasting Time On Social Media And Start Making Money Instead" (even if you lack time, resources, experience, or expertise). I'M READY TO WATCH THE FREE TRAINING NOW! CLICK HERE TO WATCH https://bit.ly/38rzLvZ Spots Fill Up Fast - Limited Seats Available!See omnystudio.com/listener for privacy information.
9/1/20217 minutes, 36 seconds
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Track Your Income And Expenditure

Exclusive free training for my Money Tips Podcast followers!   Welcome To The Course, Mastering Money The S.M.A.R.T Way Without Working Any Harder!    Lesson #6   TRACK YOUR INCOME AND EXPENDITURE Welcome to the final module and congratulations on sticking with it. Winners are finishers! If you can’t measure it, you can’t improve it. Peter Drucker   In this module, we are going to put it all together starting with monitoring your income and outgoings. Tracking your income and expenditure is the foundation of gaining control of your finances and accumulating wealth. Unless you know where your money is going you cannot make savings or accumulate cash, which is why I keep repeating this. Keep a spreadsheet, or an app and you’ll be amazed at the results.    Good businesses and governments keep accurate records, and produce monthly management accounts. They use cashflow forecasts to project forward to anticipate peaks and troughs and nasty surprises.   When working as a financial adviser, I found that the average person had no idea. A regular annual spike in expenditure, such as Christmas or a service on the car, seemed to come as a big surprise to them.   People in this position were invariably broke or living close to the edge. They constantly worried and argued about money because money controlled them rather than the other way around.    Any large bill would send them deeper into debt.   Things always seemed to go wrong for them, or that’s how they perceived a car breakdown or the boiler packing up over the Christmas holidays.    One family I met actually felt that the whole world was against them. The husband, despite being a skilled and intelligent design engineer, was the main problem. He was at odds with everyone and always going to court to dispute late payment fines or parking tickets. He would say things like, “it’s just our luck” or “the system’s a con”.    The wife said to me, “we just want to be normal”. I could see that the negativity and poverty mindset of the parents was being passed on to their six children who all looked slightly downtrodden and worried.    In reality, their “disasters” were no different to the things that happened to everyone else. Things go wrong and break down, especially when they are old or not serviced.     When you are in control of your finances you will still have problems. However, the difference is that you will be able to deal with them quickly without borrowing. You will have a contingency fund and insurance cover for breakdown and repairs or things that happen unexpectedly in our lives, like the death or injury to a breadwinner. That’s what wealthy people have!   You will know you exactly where your money goes and where you can make savings.   Additional income when economising is not enough.   Mastering money is not just about saving money or cutting back. You obviously need to earn well and keep earning, learning and improving.   You can only reduce your expenditure so far. If you want to improve your lifestyle you will have to increase your income. Struggling businesses cannot just cut costs and staff in order to survive. They need sales and revenue.   You can increase your revenue in a number of ways. For instance:   Change your job or business    Upskill to become more valuable to the marketplace   Take a part-time job or start a part-time home-based business.   How many hours do you work each week?   The majority of people in developed countries work between 35 and 40 hours a week, unless you live in France where some work closer to 30 hours! This is not the case in Asian tiger economies.   Take the example of immigrants who usually progress rapidly in a country like the UK or US. Migrants I know don’t just work a 40-hour week. They take all the overtime offered or have part-time jobs in the evenings and weekends. While others are watching all the ‘bad news’ about the economy on TV, they are out earning money for their own u’conomy!   I know many migrants who came to the UK with “nothing to declare” and no contacts, but quickly prospered.    I meet migrants at seminars. Some have learned how to make money in property using none of their own money, which is handy, because they didn’t have much to start with!   Others have started online businesses in their spare time or leaned how to trade stocks and FOREX.   If you don’t think you have the time, take a look at how much time you spend watching TV or on social media. Instead of wasting time on social media, I now make money on social media.    The future is HERE NOW, watch out!   AI, automation and self-driving vehicles are no longer science fiction. Millions of jobs in the west will disappear over the next ten to twenty years, and some predict even sooner. There has never been a more pressing time to learn new skills and upgrade your knowledge.   Jobs no longer last for 40 years and governments around the world have already talked about how to reskill millions of workers who will become redundant when the machines take over, or someone in The Philippines or India can do the job faster and cheaper.   Only 10% of people keep learning after leaving school or college and many never read another book. Where do you think they are in the earnings league?    You don’t need to go back to years of formal education to reskill. There are thousands of inexpensive vocational courses available at evening colleges and increasingly online. Universities offer part-time courses, from short diploma to master’s degree, specifically aimed at mature and working students. I know, because in 2017 I gained a degree in leadership and management from my local university. All the lectures and tutorials were held at the weekend to suit working students who wanted to improve their prospects and expand their mind.   Summary Lesson 6   Tracking your income and expenditure is the foundation of gaining control of your finances and accumulating wealth.  Wealthy people know exactly what’s coming in and where their money is going. Action Steps Start your money tracker spreadsheet now Record all money coming in and going out of your household Look ahead and anticipate peaks and troughs in income or expenditure Look for ways to earn extra money Think about your job in the future Never stop learning and upskilling.   Congratulations on reaching the end of this course!  You have learned how to Master Your Money and become a S.M.A.R.T Money Manager. Using this simple management system will help you to:   Spend wisely and avoid debt Manage and respect your money Accumulate wealth over time Review your finances on a regular basis Track your income and expenditure   Finally, take responsibility for where you are today. Your current bank balance reflects your lifetime decisions, habits and actions. Don’t blame the government, the taxman or your parents.   As one of my mentors, Jim Rohn once said, “If you’re forty, in good health, living in America and broke, something is wrong”.    We all have the opportunity to educate ourselves, learn from leaders in our field, get a better job or start a business, save and invest and build a better life.    Yes, some lucky people born into wealth have a leg up in life, but that doesn’t exclude you from the millionaire’s club. Membership to the club is still open and every year millions more join it!   Someone else becoming rich doesn’t deprive you or mean there’s not enough to go around – that’s a ‘scarcity’ mentality. Quite the opposite in fact. Wealth is expanding, wealthy people employ more people, successful business people employ people and help make others rich too.   I repeat. There are more opportunities today to become financially free than there has ever been in 7000 years of recorded history.   Thank you for joining me on your journey to becoming a S.M.A.R.T Money Manager. Remember to follow the action steps. TAKE ACTION! There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, which you can find on Amazon.   Thank you for listening to this course! I hope you enjoyed it.   Would you like to take the next step towards becoming financially free?   Bonus Lesson   You have now learned how to manage you money the S.M.A.R.T way. I have created a special bonus lesson to take you to the next level by showing you how you can create more income!   I will send you the bonus lesson if you follow the steps below and watch my free video training. Just email once you have registered.   Millionaires and millionaire habits have been studied and documented at academic levels for the last hundred years. We know exactly what the millionaire habits and traits are, as success leaves tracks. All you have to do is follow their tracks to become wealthy and financially free!   If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training.   I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2   See omnystudio.com/listener for privacy information.
8/26/202129 minutes, 23 seconds
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How To Build A Sustainable And Saleable Business, And ‘Exit Rich’ - Interview With Michelle Seiler Tucker Author Of ‘Exit Rich’

Michelle Seiler Tucker is the Founder and CEO of Seiler Tucker Incorporated. She holds the M&AMI (Mergers & Acquisitions Master Intermediary) title, as well as Certified Mergers and Acquisitions Professional (CM&AP) and Certified Senior Business Analyst (CSBA). Michelle also owns many other businesses in several different industries. As a 20-year veteran in the M&A industry, she is regarded as the leading authority on buying, selling, fixing, and growing businesses. Her and her firm have sold over a thousand businesses in almost every vertical and have a remarkable track record of success.  In addition to being featured in INC, Forbes, Entrepreneur Magazine, and USA Magazine, Michelle is an international keynote speaker and makes regular radio and TV appearances on Fox Business News and CNBC. She has spoken alongside many prominent speakers: Eric Trump, Arnold Schwarzenegger, Kathy Ireland, Donna Karen, Stedman Graham, Randi Zuckerberg, Steve Wozniak, and more. She is the Best-Selling Author of the book “Sell Your Business for more than It’s Worth” and has a new book coming out called “Exit Rich®.”  Michelle gives insight into building a sustainable, scalable, and sellable business utilizing her proven techniques outlined in her newest book Exit Rich®. Other topics Michelle can speak on include:  ST GPS Exit Model® – Planning Your Exit Strategy from Day One ST 6 P’s® - How to Build a Sustainable, Scalable, and Sellable Business The 10 Biggest Profit Mistakes Sellers Sanity Check/Buyers Sanity Check Maximizing Valuations How to Create a Bidding War Amongst Buyers You may also view her sizzle reel by clicking on the link. For additional information on her and her business, you can visit seilertucker.com.  Her new book, Exit Rich, is an Inc. Original and is endorsed by: Kevin Harrington – Inventor of the Infomercial, Best-Selling Author, Original Investor Shark on Shark Tank, www.kevinharrington.tv, Steve Forbes - Chairman and Editor-In-Chief, Forbes, Brian Tracy - Author, Speaker, Les Brown - Leading Transformational Speaker and Author, Jack Canfield - Multiple #1 New York Times Best-selling Author of the Chicken Soup for the Soul® series, Tom Hopkins - Author of "How to Master the Art of Selling", Mark Victor Hansen - Co-Creator of the Chicken Soup for the Soul Series, Co-Chairman and CEO of Metamorphosis Energy. For more information on how to Seiler Tucker Inc. www.seilertucker.com We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you have to do is follow their tracks to become wealthy and financially free! If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2   See omnystudio.com/listener for privacy information.
8/25/202148 minutes, 44 seconds
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#BONUS - Staff Shortages In The UK

Professional property investors make money in property in any market – UP, DOWN or SIDEWAYS! You can make money in property if you know how, and you do not even need to use your own money. You can start with zero capital using many of the ‘no money down’ strategies. Would you like to learn more about making money from property? Click HERE for free updates, courses and webinars on how to become a professional property investor in your spare time using other people’s money. FOR MORE PROPERTY INFORMATION FOLLOW - https://bit.ly/3sjxRaSee omnystudio.com/listener for privacy information.
8/20/202113 minutes, 56 seconds
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Lesson 5: REVIEW YOUR FINANCES REGULARLY

Exclusive free training for my Money Tips Podcast followers!   Welcome To The Course, Mastering Money The S.M.A.R.T Way Without Working Any Harder!    Lesson #5   REVIEW YOUR FINANCES REGULARLY    Welcome to part 5 of this course and congratulations on making it this far! You are well on your way to becoming a Money Master.   In this lesson, we look at reviewing your finances. It’s all very well planning, saving, economising and setting up investments, but unless you review your plans on a regular basis you are likely to get off-track or come unstuck. Just like a ship’s captain, you have to review your course and make adjustments to reach your destination. Remember to think of yourself or your household as a business in terms of managing your finances.  What do well managed businesses do?  Businesses:   Have a mission statement, or purpose, and a business plan. Review plans at least once a year to keep the ship on course. Hold regular board meetings to review plans, performance and targets. Hold annual meetings with their accountants, legal or financial advisers. Have a disaster recovery plan in case of a fire, flood, robbery or IT failure. Hold reserves and contingency funds to see them through the lean times. Project forward using a cashflow forecast to anticipate peaks and troughs. Review mortgages, loans or leases to ensure they are getting the best deal. Review their insurance policies, liabilities and savings rates on their reserves.  Review expenditure on their utilities, suppliers, water and broadband contracts Your ‘head office’ is your home and your ‘board room’ can be your kitchen table.    When I was running a business, we never wasted office space by having a dedicated board room with a big shiny oak table and leather chairs. You don’t even have to hold meetings in the home or office.    We held our most productive meetings in the local café over a cup of coffee and a croissant. We also generated ideas and built morale by taking the staff away on team building weekends or buying pizza on a Friday afternoon and just sitting down with everyone to eat together.   The general principle is to sit down – with your partner, family or adviser – on a regular basis (monthly or yearly) to review your finances and plans.    Most people never do this, and is it’s no coincidence that most people struggle with money.   If you have a family, make sure you include them in your plans and dreams.   The 3 R’s of Money Management TM   The 3 R’s formula, featured in my book, Yes, Money Can Buy You Happiness, gives you a simple, but effective, 3 step plan to stay on top of your finances.   Read or Review   Read your bank, credit card and mortgage statements.  Read the list of regular payments going out of your account and credit cards. Read loan agreements and terms before you sign them and ask, take advice. Read a simple book on managing your finances or look online.   Whilst this may seem obvious, I can tell you from my experience in financial services that most people do not follow the above steps.    Brian Tracy once said that reading for an hour a day on a subject will make you an expert within a short period and a world-renowned authority within three to five years.   Revise   Revise your credit cards and loans and shop around for better deals. Revise the minimum payment you make each month to clear the debt faster. Revise your mortgage loan if you feel you can get a better deal without penalties. Revise your utility suppliers like gas or electricity if this is possible where you live.  Revise your insurance on your life, health, car, home and personal liability. Revise and adjust your savings and pension plans to keep up with inflation.   The next step after reviewing where you are is to make the necessary adjustments to get you where you want to be. This could include becoming financially free in the next five years or just living comfortably within your budget each month and putting something aside for the future.    Loyalty does not always pay and companies frequently offer better deals to new customers while leaving their existing “loyal” customers on poorer terms and even ‘walking the price up’ by a small amount each year.   Shopping around for better deals will save you a small fortune over time. Remember the saying, “A penny saved is a penny earned”. Businesses know that cost saving adds to the bottom-line profits. And it’s never been easier to do with all the online comparison websites, which can enable to save money almost instantly.   You don’t always have to switch suppliers to save money. Why? Because it costs more to win a new customer than it does to retain one by offering a discount, but if you don’t ask, you don’t get!   Record   Record Income and Expenditure on a spreadsheet or one of the many App’s.   Companies record income and expenditure and prepare monthly, quarterly or annual accounts to check on how they are doing and submit their tax return.    The directors hold board meetings to review the previous year and plan ahead. They budget, make plans and invest in their future in order to stay competitive in the marketplace. You should do the same and realise that you are your own corporation running your economy or ‘uconomy’.     Just like a garden, your finances need nurturing and watering to stay in shape. A small garden might only need an hour a week. A larger one will need more and may require some part-time help. A huge garden or estate requires full-time staff constantly working on it, just like a farm. A farmer knows when to plant seeds, when to weed and tend and when to harvest and sell.   Yes, these action steps require effort and discipline, but not doing them will cause you far more pain. What’s easier, giving the lawn a quick trim every week or trying to hack your way through a jungle of thick weeds and thorns after years of neglect?   The rich and well-off look at their finances all the time, not just when there’s a crisis. They know what’s coming in and where it goes, and they are always shopping around for a better deal or investment opportunity.   The poor and less well-off, do not! It’s that simple. Despite having limited income, I have found that those struggling with money are more likely to have no idea how much is coming in or where it’s going. They also make poor financial decisions, buy expensive and overpriced consumer goods and rarely review their finances, which is why they remain broke and trapped in a rut.   Some of the new challenger banks have neat features that allow you to manage your cash more effectively on your smartphone. They give you expenditure summaries and send an alert to your phone when money goes in or out of your account. I’ve just had an alert on my phone advising me that a Direct Debit payment just left my account. If I use my card in a store I’m also immediately alerted.    Summary Lesson 5   Thinking of yourself as a business, and following best business practice, will transform your life. Even if you work for someone else you can still have the mindset of a company hiring yourself out for money. Action Steps Follow the 3 R’s formula – Read or Review, Revise and Record Read everything to do with your money Revise agreements and investments Review your finances monthly, quarterly or at very least annually.  Congratulations on completing this module. In the next lesson, we will be looking at tracking your income and expenditure.   Millionaires and millionaire habits have been studied and documented at academic levels for the last hundred years. Bestselling books, like The Science of Getting Rich and Thinks and Grow Rich, were written almost a century ago. I have also published my own book on how people get wealthy: Yes Money Can Buy You Happiness. You can find it on Amazon: https://www.amazon.co.uk/Yes-Money-Can-Buy-Happiness/dp/1095175858   We know exactly what the millionaire habits and traits are, as success leaves tracks. All you have to do is follow their tracks to become wealthy and financially free!   If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training.   I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2 See omnystudio.com/listener for privacy information.
8/19/202128 minutes, 2 seconds
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#BONUS - Economy Rebound

The UK economy grew by 4.8% between April and June, according to official figures, as most businesses emerged from lockdown. Data from the Office for National Statistics showed that the expansion in gross domestic product (GDP) was fuelled by retail, restaurants and hotels. Education also boosted the economy as schools reopened in the second quarter. However, the figure was slightly below the 5% the Bank of England expected. The UK economy is now 4.4% smaller than it was before the pandemic. Growth in the second quarter contrasts with the first three months of the year, when the economy shrank by 1.6% while Covid restrictions were still in place. Source BBC and ONS. Advertised job vacancies also rose particularly in the building industry. However, unemployment could rise next month when the furlough job retention scheme ends.See omnystudio.com/listener for privacy information.
8/18/202110 minutes, 12 seconds
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Average House Prices Falling For First Time In 2021 But Will Property Crash?

House prices have fallen for the first time this year, according to property website Rightmove, but does this mean we are heading for a market crash? The website reports that the “average price of property coming to market in August fell 0.3%”, which is a small drop of £1,076, to £337,371. The property market slowdown follows the ending of the stamp duty holiday and a subsequent fall in demand for bigger homes. "Average prices have only fallen in the upper-end sector," said Tim Bannister, Rightmove's director of property data. First-time buyers and second-stepper properties are still in demand, leading to new record high average prices in those sectors, he added. Rightmove figures revealed a 0.8% drop in the four-bedroom-plus sector, but new record price highs in the two-bedroom sector, up by 0.6%, and three to four bedroom second-stepper-type properties, up by 0.3%. Summer holidays normally lead to a slowdown in activity in August, experts pointed out, with many anticipating a slackening in demand. Source: BBC and Rightmove. The small property price falls, based on new houses coming onto the market, do not yet indicate a market crash. Minor price fluctuations could be seasonal or influenced by a post-stamp duty holiday slowdown.  Property investors should see a return to a more normal buyers property market in the coming months. I am definitely noticing more price reductions and properties coming back on the market after a sale fell through. However, markets, like the bond and stock markets, are not always rational and frequently react to external events, such as a war or political instability in the Middle East.  The actual figures based on sold properties for the current period will be revealed in official Land Registry data later this year. Professional property investors make money in property in any market – UP, DOWN or SIDEWAYS! You can make money in property if you know how, and you do not even need to use your own money. You can start with zero capital using many of the ‘no money down’ strategies. Would you like to learn more about making money from property? Click HERE for free updates, courses and webinars on how to become a professional property investor in your spare time using other people’s money. FOR MORE PROPERTY INFORMATION FOLLOW - https://bit.ly/3sjxRa See omnystudio.com/listener for privacy information.
8/17/202111 minutes, 11 seconds
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Lesson #4 : HOW TO ACCUMULATE WEALTH OVER TIME

Exclusive free training for my Money Tips Podcast followers!   Welcome To The Course, Mastering Money The S.M.A.R.T Way Without Working Any Harder!    Lesson #4   HOW TO ACCUMULATE WEALTH OVER TIME   In this module, we are going to cover saving, investing, and accumulating wealth.   If you cannot save money, the seeds of greatness are not in you. Clement Stone   Get into the habit of saving until you get more satisfaction from rationally putting money aside than you do from irrationally spending it.   The events of the last year has exposed the fact that millions of people have no savings. After years of working in first-world prosperous countries they are broke, and dependent on benefits and foodbanks.    We all need savings to fall back on and to enable us to stop working or at least stop exchanging our time for money. If you have no form of passive income, you can never stop working.   In simple terms, savings can be categorised into three general areas:   Short term  Medium Term Long term    Short term savings can be for a contingency fund for emergencies, holidays or to buy something you need.   Medium term savings can be for larger items, like a deposit for a house, an investment into a business or a car.   Longer term saving is generally for retirement but can also include children’s college education.    Pay yourself first   A basic principle is to pay yourself first before you pay everyone else.   Think of saving as paying yourself rather than depriving yourself of candy when your pocket money was taken away from you by your parents.   Savers automatically transfer a percentage of their income into some form of savings vehicle as soon as they receive it and live on the rest.   Spenders spend and live on their salary and save whatever is left over, if any.    Who do you think saves the most money?    Money Master savers also maximise their tax-free allowances into things like tax-efficient pensions and schemes to make sure their money is working hard for them and they are paying less tax.   The poor work hard for their money, the rich make their money work hard for them. Robert Kiyosaki    An easy way to save is to use the ‘jam jar’ method that your grandparents used when money was tight, everything was paid in cash and people didn’t use banks as they do today.   When the weekly wage came into the household it was divided up, usually by the women, and put into various empty jam jars to cover the rent, fuel, food and replacement items like children’s shoes. People also saved for birthdays and Christmas.   You can use this method by dividing your monthly salary into virtual ‘jam jar’ separate bank accounts rather than one account.   You can name the accounts whatever you like, but I would suggest something along the following lines:   Emergency or contingency fund Medium term savings Long term savings  Play account – fun things for yourself including trips, meals out and clothes Giving account – for charity donations.    You could also add a training and development account to be invested in yourself in the form of books and courses.   The percentages will vary according to your means.   But the important point here is to get started, even if you can only save 10% of your income. Start this process online right now. Many of the newer “challenger” banks operate entirely online and can set up an account within minutes.   If you’re thinking that you cannot possibly save 10% of your income, look at your income and expenditure sheet. If you haven’t done one yet check your bank and credit card statements to see where your money goes.    If your budget is so tight and you have economised everywhere and still have absolutely nothing leftover, you may have to consider ways of increasing your income by getting another job or starting a home-based business in your spare time.   I have helped people transform their wealth through my book and coaching programme.     Mark Victor Hansen, co-author of the Chicken Soup For The Soul book series which has sold 500 million copies all other the world, teaches a ‘10,10,10,70’ wealth formula in his book, The One Minute Millionaire.   The multi-millionaire entrepreneur advises that you divide your income in the following way:   10% Giving 10% Investing – for the long-term needs 10% Saving – for short to medium-term needs 70% to live on.   Pensions   Start saving for your pension as early as you can and save as much as you can.    As a rough guide, every 5 years of delaying a pension savings plan means your eventual fund will halve in value. In other words, every 5 years you wait, means you will need to pay in twice as much to get the same result.    When we are young, we think we have all the time in the world. But you may not have as much time as you think.    For instance, if you are aged 30 now, you have roughly 30 years of working life ahead of you if you plan to retire at 60. Thirty years sounds like an awfully long time, however, if you break it down into pay or salary cheques, 30 years is just 360 salary payments - 12 per year times 30 years assuming full employment.   At 40, you have just 240 salary payments left, and at 50, just 120, assuming you manage to stay in work and in good health.    Even a full working life of 40 years is only 480 pay cheques. If you save $100 per month for 40 years, it will give you a fund of $48,000 plus growth, less charges. You couldn’t live on that for the rest of your life today, let alone in 40 years’ time. Even $1000 per month would still only be $500,000 plus growth.   You can still combine pensions with other forms of investing, such as property, stock market and business, and even use your pension scheme to buy shares and commercial property, subject to the rules. This is a specialist subject, and you should take independent professional advice.   Before you jump into something like property, remember that buy-to-let investing does not suit everyone and is certainly not a passive form of investment. Buying property requires knowledge and expertise, as well as a diligent work.     Take independent financial advice on this important area of your life. Don’t leave it to chance and risk living in poverty in your old age. If your employer provides a good pension scheme, that’s great, if not, or you are one of the millions of self-employed or casual workers, you’re on your own and will have to “row your own boat” to retirement.   Don’t rely on the government Pension ‘Ponzi’ scheme to look after you in retirement   Most government state retirement pension schemes have no actual fund.   Benefits are paid to retirees out of tax collected by working people. If I ran a pension scheme using the ‘Bernie Madoff method’ – keep collecting money and use that to pay investors – I’d be put in jail!    The UK Institute for Fiscal Studies (IFS) research found that in 2004, there were approximately 4 working age individuals (aged 20-64) for every 1 person aged 65 and over.    By 2056 this ratio is predicted to fall to about 2:1 or half the current level.    How can the government afford to fund state pensions at the same level if the income from working taxpayers drops by 50%?    The UK government has already started pushing back retirement ages for men and women and more cuts will be needed.     People are also living far longer in retirement than they did to when the state pensions schemes were introduced after the Second World War. The numbers no longer add up, if they ever did!   These schemes are bust!   Summary Day 4   Saving is a habit. If you cannot save money you will struggle with money and debt for the rest of your life and will never be able to afford to retire comfortably.   Action Steps   Pay yourself first. Set up an automatic transfer of a percentage of your income into ‘jam jar’ accounts the day your salary hits your account. Save for retirement as soon as possible. See an adviser or research pensions. Always learn and do your own research before investing in any asset.   Congratulations on completing this module. In the next lesson, we will be looking at reviewing your finances to keep you on track.   If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training.   I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2 See omnystudio.com/listener for privacy information.
8/12/202130 minutes, 20 seconds
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UK Energy Bills Will Soar By £139 This October As OFGEM Raises Price Cap – Switching Supplier Now Could Save You Hundreds!

Higher energy prices will hit millions of people across the UK in October, just when the cold weather starts, and the country moves into winter. The energy regulator, Ofgem, said the price cap for default domestic energy deals would be raised to cover suppliers' extra wholesale costs. Your typical gas and electricity bill could go up by £139 to £1,277 a year. Prepayment customers will see an increase of £153, from £1,156 to £1309, the regulator said. There has never been a more urgent time to review your tariff and consider switching to a cheaper supplier. Switching is simple using one of the many comparison sites or making a few phone calls. Just Google ‘switch energy supplier’. One comparison site said you can save £268 by switching today. I have not verified this statement, but I have save similar amounts by shopping around. You can also save by calling you current supplier and asking them to put you on a cheaper tariff. The worst tariff is usually the ‘standard’ one and people with prepay metres – usually the lowest paid - are paying the most for their energy. HMO landlords who include bills in the rent should definitely shop around for the best deals, as tenants, like children, are not too fussed about turning off lights! The energy price hike reflects rising costs of commodities across the globe. Yesterday, the Governor of the Bank of England described price rise surge as “temporary”, as base interest rates were held at the record low of 0.1%.  Andrew Bailey did warn that if inflation continued to rise that the central bank would have to take “action”, which translates as higher interest rates.   Becoming financially free takes time and requires many hours of hard work and study. If you would like to learn how to invest and manage your money, become a professional property investor, and be financially free without working any harder and spending your life exchanging your time for money watch this free on demand training now to learn how to become financially free without working any harder. As a thank you, I will give a special free gift which can help transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2  See omnystudio.com/listener for privacy information.
8/9/202111 minutes, 20 seconds
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Welcome To The Course, Mastering Money The S.M.A.R.T Way Without Working Any Harder! Lesson #3

MANAGE AND RESPECT YOUR MONEY   By the end of this module, you will learn how to manage and respect your money and make informed investment decisions to become a SMART MONEY MANAGER.  You can’t manage your finances without the right financial information.  Managing money, like managing your household, must be worked on throughout your life like exercise or washing. You cannot expect to stay in shape if you only exercise once a year! What does managing your money mean?  Managing could be defined as control, influence or taking charge. An example of managing finances well is having enough put aside to be able to pay your bills despite a job loss.    Question   If you lost your job, for how long could you manage and pay your bills?   During a financial crisis or recession, millions of people lose their homes within months of being made redundant.    They have no savings. Instead, they have rent or mortgage payments, credit cards, car lease payments and loans. In short, most people live on a knife edge and are no more than three salary payments from bankruptcy.    Rainy-day money   You must have an emergency contingency fund so that you are not dependant on credit cards or instant payday loans when the car or washing machine breaks down.   Some well-known payday lenders charge as much as 91% APR (annualised percentage rate) for small unsecured loans, according to Payday UK’s website.    Borrowers do not realise they are paying an annualised 91% because they are paying off the loan in less than a year.   Payday UK quotes the following example:   “Representative Example: Borrow £500 for 6 months. Interest: £160.27 - Interest rate: 65% per annum (fixed). Representative APR: 91% - Total amount payable: £660.27. Rates between 9.3% APR and 1294% APR”.   Even high street banks are charging as much as 40% for a temporary overdraught – 400 times the base rate!   UK base interest rates are 0.1%, the lowest it has ever been in history.    If a lender is charging you 3% on your mortgage, that is 40 x the 0.1% the base lending rate on which they can borrow money from the markets and us depositors. I have never seen such a high margin.   Mortgages used to cost around 2% over base lending rates, so when the base rate was say 8%, you would typically pay 10% on a mortgage – or a margin of 1.25 over base lending rates.   Solution.    Make sure you have a contingency fund for emergencies, so you don’t have to rely on loan sharks.   If you do need credit, search for cheaper alternatives online or try credit unions.   You should have reserves equivalent to 6 to 12 months’ salary in the bank in case you lose your job or source of income. Large companies, government and local authorities hold millions of reserves. They also have a ‘disaster recovery’ plan in place.   You cannot possibly manage or control your finances without data, which means knowing exactly how much money is coming in and going out.    Managers cannot manage a company without accurate management information and your household is no different.   Think of yourself as a business or corporation even if you work for somebody.    You are the CEO of your own business.   Hold monthly, quarterly and annual board meetings with your family, even you’re the only director!   Set up a system to keep a track of your revenue and costs.    What does “respecting” money mean?   Respect money and it will respect you. The author and speaker Joe Vitale, who was featured in the movie The Secret, advises that “money has its own psychology” and “energy”, which you can either attract or block depending on your mindset.    Energy does not die; it moves around and changes form. Similarly, money circulates and helps multiple people and causes.    Think about it. Let's say you give $10 to a friend to pay his cleaner. His cleaner then uses the same $10 to pay for shoe repairs, the repair guy takes the same $10 to buy lunch and coffee at Starbucks.  Starbucks bank the cash. Your friend goes into the bank to draw cash out to repay you and gets the same $10 note and gives it back to you. How many things has that same $10 bought?   Right now there are trillions of dollars in circulation.    Author Brian Tracy gave me a simple idea at one of his seminars in America. The great speaker said: “You should respect money and even look after the cash in your wallet or purse by placing each dollar bill neatly and in order of value, with the President’s head facing the right way”. This might sound silly, but Brian went on to say that whenever he met someone who had money issues, their money would be stuffed into their pocket or purse like crumpled pieces of worthless paper. It was a metaphor for the way they treated money, and ultimately the way money treated them.    Respecting money is like respecting others, treating it well, nurturing it, looking after it and always taking care of it.   I had a school friend, Malcolm, from a well-off family who would casually throw away penny coins from his pocket saying they were “dirty” and “worthless”.   His lack of respect for money led to Malcolm being broke and living week-to-week for the rest of his life - even when he was earning well.   I had a habit of picking up “dirty” coins, which I retain to this day. The late Wayne Dyer also picked up coins and gave thanks for the blessing of money before putting them in a big jar.       Look after your money and it will look after you.    If you enjoying this and find it helpful, please like and share with your friends and follow me on social media to give more people free value.   Education is key.   Lack of financial education can be extremely costly of your lifetime.    For instance, not understanding how high management charges on mutual funds or pension schemes can affect the value of your portfolio – which could cost you hundreds of thousands.     Buying a house is probably the biggest financial transaction most people make in their lives, yet few people understand mortgages. They borrow hundreds of thousands and sign on the dotted line without reading the terms and conditions.   I have met extremely intelligent academics, scientists and directors running huge companies who did not know how to manage their personal finances and in some case made costly financial errors or retired broke.   Finance is not taught in schools, which is why we graduate from formal education financially ignorant. We rely on financial advisers to tell us what to do, but where do the advisers get their financial education? The answer is, from financial industry led courses. Anybody can take these financial adviser courses!   Take a financial adviser course.    You can take a basic financial adviser course without becoming an adviser. The knowledge I gained from the courses to become a regulated adviser have been invaluable to me throughout my life.    The courses taught me about saving and investing, but more importantly, borrowing money and using the infinite benefits of leveraging 'other people's money'.     This knowledge has literally been worth millions to me over the years.   A short home-study financial course could be worth more in money terms than a university degree.   Never stop learning.   The world of finance is constantly changing and evolving. Keep yourself up-to-date by reading the financial pages of quality newspapers and magazines online or use your local library. It only takes a few minutes each day to scan the financial news, or an hour at the weekend to read the money pages, but this small investment will pay exponential dividends and perpetual returns for the rest of your life.   Summary Day 3    Managing and respecting money, and learning about the world of finance, is a lifelong process like looking after your health.   Action Steps   Think about how you manage your money. Start recording your monthly income and expenditure. Calculate how long you can survive if your income dried up. Start saving for emergencies and have a disaster recovery plan. Start building up a fund to cover 6–12 months of essential expenditure. Organise and respect your money. Educate yourself in all aspects of personal finance. Take a course or read books. Read the financial news. Never stop learning and updating your knowledge.   Thank you for listening and congratulations on completing this module. In the next module, we will be looking at how to accumulate money over time.   If you would like to learn how to invest and manage your money, become a professional property investor, and be financially free without working any harder and spending your life exchanging your time for money watch this free on demand training now to learn how to become financially free without working any harder.   As a thank you, I will give a special free gift which can help transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2   See omnystudio.com/listener for privacy information.
8/5/202128 minutes, 39 seconds
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Spend Wisely And Avoid Expensive Consumer

Exclusive free training for my Money Tips Podcast followers!   Welcome To The Course, Mastering Money The S.M.A.R.T Way Without Working Any Harder!    Lesson #2   SPEND WISELY AND AVOID EXPENSIVE CONSUMER DEBT   In this module, we are going to learn how to spend wisely and avoid consumer debt.   “Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery”. Charles Dickens, David Copperfield   Spending wisely means living within your budget, buying the things you really need and not indiscriminately shopping for things you want.   For instance, you need basic necessities such as food, utilities and a roof over your head, but do you really need Netflix?    Consumer debt   “Borrowing money at 18% to buy consumer goods is dumb” Warren Buffett   The legendary investor Warren Buffett, whose Berkshire Hathaway company owns banks and credit card companies, actually warned investors against carrying a credit card balance!   Millions of Brits and Americans carry a permanent balance on their credit card – before the covid crisis, 110 million American had credit card debt paying a crippling average rate of 16%.   “You can’t go through life borrowing money at those rates and be better off,” Buffett added.   Buffett said that an old friend of his who came into some money and asked his advice on what to do with it. He asked if she had credit card debt. She said she did, and was paying an interest rate of about 18%.   “If I owed any money at 18%, the first thing I’d do with any money I had would be to pay it off,” Buffett advised her.    By paying off the balance, she would save more money on interest than any return she could earn by investing the money, whether in the stock market or in real estate or elsewhere, Buffett advised. He added, “I don’t know how to make 18%”.   If one of the greatest investors of all time admits that he cannot make more than the rate charged on a credit card, what makes you think you can?    You should still keep some money aside for a rainy day, but pay down expensive debt rather than keep cash in the bank earning less than 1% and don’t buy stuff which go down in value using credits cards.    How much are you paying each month on your credit card bill?   Chances are, you are paying the minimum amount required.    Paying the ‘minimum payment’ on your card balance will take between 10 and 20 years to clear the debt depending on the interest rate charged?   This practice is highly profitable for the card companies and extremely costly for consumers. UK card companies are now required to warn customers about the cost of paying off the minimum amount required.    Check your credit card statement now. If you are just paying the minimum ‘default’ figure, increase this immediately to a higher amount you can afford, or clear the entire balance.   Questions to consider   How much interest are you paying on your credit cards?   How do you use your credit cards?   How much do you pay off each month?   Would you still buy that gadget or item of clothing if you had to pay for it in cash or straight out of your bank account?    Albert Einstein said ‘compound interest is one of the most powerful forces on earth’.    Using compound interest to your advantage in saving and investing, will make you rich. Used against you by borrowing, it will make you poor and someone else rich.    At an annual interest rate of 18%, how long would it take for the investment or debt to double?   The Rule of 72.   The Rule of 72 is a simple way to determine approximately how long an investment will take to double given a fixed annual rate of interest. By simply dividing 72 by the annual rate of return, you can obtain a rough estimate of how many years it will take for the initial investment to double.   72/18 = 4   In other words, a sum of money invested at 18% pa will double approximately every four years.    Similarly, a debt with interest rolled up will double in four years.   You can see how powerful compound interest is when applied to debt. The average UK mortgage holder will pay over half a million pounds in interest over their lifetime.   Summary Day 1   The first step to becoming a SMART MONEY MANAGER is to spend wisely and avoid expensive consumer debt. By taking this step alone you will see a dramatic improvement in your financial and emotional wellbeing.    It’s not about how much you earn, but how you manage your money that counts.    You could earn more money by getting a pay rise, but unless you change your money habits, you’ll soon be back where you started.   Action Steps   Think about how you spend your money.    Start making a list of all your income and expenditure using your bank and credit card statements including all the standing orders and direct debits. You can use a notebook, spreadsheet or a smartphone app to keep your record.    Your list of expenditure will fall into two categories – Fixed and Variable.   Fixed costs, which can include:   Rent or mortgage Food shopping Utilities and energy Regular bills Club membership and subscription payments   Variable expenditure, which can include:   Clothing, coffees, drinks and treats Meals out and takeaways Repairs  Any other stuff you indiscriminately buy on a whim or because it’s ‘on sale’.   Simple money saving tips you can use right now.   If you are running short every month, think about where you can make savings.    There are so many ways of making savings from switching utility providers to finding a better loan or mortgage deal. Switching mortgage deals has saved me tens of thousands of pounds.   Here are a few simple money saving tips:   Cook your meals and cut back on eating out at restaurants and buying takeaways. Prepare proper meals using fresh ingredients instead of buying more expensive, and less healthy, ready microwavable meals?   Drink less alcohol. How often do you go to the pub of bars and how much do you spend on a night out?   Buy less coffees and make your own. How many visits to Starbucks do you make each week? You can make fresh coffee for a fraction of the price of Starbucks.   Save a fortune on credit card interest. You can save by switching to a lower rate or interest free deal which can help you increase your payment towards reducing the balance. Just Google ‘best credit card deals’ and you’ll find hundreds of offers which can save you money.   Use cards only when necessary and try to clear the balance in full each month to avoid interest charges.   Review insurance every year. Insurance companies make it easy to auto-renew your household and motor insurance every. Making the effort to shop around could save you hundreds of pounds.   Review your mobile phone contract and utility providers. Reviewing your phone contract or plan is a great way of saving cash and you don’t have to change providers. Call your provider today.   Your expenditure list will immediately help you identify any obvious targets for cutting back, like that subscription you no longer need or the recurring payment you’d completely forgotten about – we’ve all been there.   I cover many more money saving ideas in my free Money Tips Podcast.    I’m not saying you should give up having fun and live a reclusive life living like a miser. You can enjoy life more if you live debt free within your budget, save for the things you really want and increase your income when you want more.    You don’t have to follow the “I want it now” crowd!   Thank you for listening and congratulations on completing this module. In the next module, we will cover further steps on managing and respecting your money.   Would you like to learn how to become financially free without working any harder and spending your life exchanging your time for money watch this free on demand training now to learn how to become financially free without working any harder. As a thank you, I will give a special free gift which can help transform your finances when you attend the online training. If you enjoyed this and found it helpful, please like and share with your friends and follow me on social media to give more people free value.   Click on this link to watch the free training now https://bit.ly/3wLWqx2 See omnystudio.com/listener for privacy information.
7/29/202133 minutes, 8 seconds
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How To Master Money The S. M. A. R. T Way Without Depriving Yourself

Exclusive free training for my Money Tips Podcast followers!   Welcome To The Course, Mastering Money The S.M.A.R.T Way Without Working Any Harder!    Lesson #1   Introduction And Course Overview    Do you struggle with money?   Do you worry about money?   Do you have arguments with your partner over money issues?   Do you have loans or credit card debt and struggle to keep up the payments?   If you have answered “yes” to any of the above questions, this is definitely the course for you.   How To Master Your Money The S.M.A.R.T Way   Congratulations on taking the first step to taking back control of your finances and life!   My name is Charles Kelly, and I am the author of three books and the creator of the Money Tips podcast which has over 200 episodes. As a qualified financial adviser, I spent 25 years working for banks, insurance companies and running my own business, as well as investing in property and the stock market.    This course is about personal finance and money, not global economics. It’s about managing your internal economy, or what I call your ‘U’conomy’, rather than worrying about what’s going on in the external world of global markets, national debt, recessions and the daily crisis you see on the news.   Focus on your economy and what you can control.   In every town, there are people who are doing well and there are those who are struggling – even when they are in the same business.   During recessions and depressions, boom or bust, people build fortunes, while others fail.    It’s not about the economy, the government or where you live.    It’s about you!    It’s about what you do and what’s going on in your head that really counts.    We live in the most prosperous time in 7,000 years of recorded history. There has never been a better time to learn, start a business, build a career and live the life you truly deserve.   The things you learn and habits you form in this course will change your life and last a lifetime – if you follow the action steps.    By the end of this course, you will have learned how to Master Your Money and become S.M.A.R.T Money Manager. Using this simple management system will help you to:   Spend wisely and avoid debt Manage and respect your money Accumulate wealth over time Review your finances on a regular basis Track your income and expenditure   SMART Money System   Have you ever said “I don’t know where it all goes”?    Millions of people who live their lives in poverty and debt. People go to work for forty, fifty, and even sixty-hours a week and bring home a pay cheque. After all that effort, by they have paid their bills, debt repayments and the family is fed, there is nothing left.    This pattern of behaviour can go on for years or a lifetime unless the habit is broken. Inbuilt behavioural patterns can only be interrupted by an awakening, attending a course or reading a book, or by a traumatic lifechanging event, such as bankruptcy, bailiffs towing away your car or repossessing your home.   Sometimes, we need to reach rock bottom in order to break a harmful addictive habit. Spending money you don’t have on toys using expensive debt can be just as damaging as a gambling addiction. When the reality of bad debt finally catches up, it can destroy your life and the lives of those around you.    “Fast credit” should be called “fast debt”.   Debt repayments, such as credit cards and personal loans can quickly drain your bank balance, and forever place you in the servitude of banks. Millions of people never break free and spend their lives in debt and go to their graves owing money, which the banks still pursue even after death.    Credit card companies and banks, feed you the candy of easy credit like a drug dealer.    They send you letters offering credit limits you cannot afford, and increase them when you reach those limits!      You can juggle your debts with interest free (but not fee free) offers or consolidate your bills into “one easy payment” instead of a lot of small ones, but all this does is delay the inevitable. You need a lifestyle change starting with your spending.    “A penny saved is a penny earned”. Benjamin Franklin   It’s not how much you’ve got, but how you use it.   Don’t make the mistake of believing that it’s all about how much you earn. In my years working as a financial adviser, I met hundreds of clients earning huge salaries who were still broke and overdrawn every month.    When I worked for a leading bank, one of our customers was a trader in the City of London. He was earning at least ten times the average income, plus he received an extremely generous quarterly bonus of around £40,000. Unbelievably, his account was so overdrawn by the end of each quarter that all of his bonus was needed to clear it. That was in addition to the various ‘gold’ credit card debts and personal loans for luxury goods.   Banks love customers who spend and borrow, as long as they keep up the repayments. They are not too keen on customers who pay off their credit card balance in full each month or repay their mortgages early by accelerating the payments.   I also had many clients earning modest salaries who lived a good life, yet also saved a regular percentage of their income into pensions and savings. Some bought investment properties with their spare cash or built-up substantial stock and share portfolios. Managing and investing their money was their hobby.   One particular lovely couple comes to mind.    I was amazed to discover that they had saved over a quarter of a million pounds in cash and stocks and shares. They paid off their mortgage early and helped their Son buy his first house.    They were the typical ‘millionaires next door’ with combined assets, when you include the value of their final salary pension schemes, of more than a million pounds, But you would never guess it because they did not act like the stereotypical “millionaire”.    Best of all, they were happy and looked a lot less stressed than my city trader client who always seemed to be under pressure. Unlike the trader, they were in control of their finances.    Control of finances is part of control of life.   Being in control and giving back are also key factors in feeling happy.    These are exactly the type of people I meet at Rotary Clubs, church groups or those helping out with community and charity work in their spare time. Giving back is not just virtuous, it also contributes to your own emotional wellbeing. I’m sure that it is no coincidence that everyone I know who has money, gives back their time and money. Which came first?    I explore giving back and the studies into ‘millionaires next door’, in more depth my book, Yes Money Can Buy You Happiness.     MONEY TIP Keep a spreadsheet, or use one of the many app’s, to record how much comes in from salary or investments and exactly where the money goes. You’ll be amazed at the results.  If you found this Money Tip useful, check out my blog at www.moneytipsdaily.com       Action Steps   Starting today, make it your business to become a SMART MONEY MANAGER and you will start to see your fortunes turn around and you will find peace of mind. In fact, 99% of your money worries will evaporate, because the root of everyone’s financial worries can be traced to the following 5 SMART rules.   SMART MONEY MANAGERS:   S. Spend wisely and avoid expensive consumer debt M. Manage and respect their money, making informed investment decisions.  A. Accumulate wealth over time taking the long-term perspective R. Review their finances on a regular basis and make appropriate changes T. Track their income and expenditure on a daily or weekly basis   Thank you for listening. In the next lesson, we will go into spending wisely and how to avoid expensive consumer debt.   If you enjoyed this and found it helpful, please like and share with your friends and follow me on social media to give more people free value.   Would you like to learn how to become financially free without working any harder and spending your life exchanging your time for money watch this free on demand training now to learn how to become financially free without working any harder. As a thank you, I will give a special free gift which can help transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2 See omnystudio.com/listener for privacy information.
7/22/202123 minutes, 15 seconds
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Do women marry for money? Absolutely!

Women say things like, “I’m looking for a man with a sense of humour who can make me laugh and go for walks in the park…” That’s a bunch of baloney!    The majority of women really want someone who is a good provider who can give her and future children financial security.   I’m offering a free Wealth Accelerator discovery coaching call to three people this week - CLICK HERE TO BOOK YOUR FREE CALL https://bit.ly/3zJ21GY If you’ve ever watched a David Attenborough documentary, you’ll know that in the animal kingdom, the female of the species wants to mate with the leader of the pack, the strongest male to give them security and protect them make their offspring. It’s animal instinct. In the modern world, we forget how much our animal instincts still plays a part.   In Asian cultures women absolutely marry for money and security. Even in the UK, many Indian family marriages are still arranged according to financial status, class, occupation and career prospects. In short, it is about money!    See full article.   Remember this old saying:   When money stops coming through the door, love goes out the window.   Let me know your views in the comments. If you enjoyed this and found it helpful, please like and share with your friends and follow me on social media to give more people free value.   I’m offering a free Wealth Accelerator discovery coaching call to three people this week - CLICK HERE TO BOOK YOUR FREE CALL https://bit.ly/3zJ21GY  See omnystudio.com/listener for privacy information.
7/15/202115 minutes, 40 seconds
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House Prices Fall As Stamp Duty Holiday Ends

UK House prices dropped by 0.5% in June just as the long stamp duty holiday began to be phased out, according to the Halifax. Annual property prices still rose 8.8%, resulting in average prices more than £21,000 higher, which is more than most people saved on stamp duty in the mad scramble to buy a home. The average price of a UK property according to the lender is now £260,358. The Government removed the need to pay stamp duty on some properties for much of the pandemic in a bid to stimulate the market in England, Wales and Northern Ireland. The move worked, but critics argue that it caused price inflation and could created a property bubble if demand falls. Mortgage lenders, like the Halifax and Nationwide, long with estate agents are confident that, "The power of home movers to drive the market won't fade entirely as the economy recovers”. Demand remains high among buyers seeking larger family homes with the average price of a detached property climbing faster than any other type over the past 12 months - shooting up by more than 10% or almost £47,000 in cash terms. Detached homes now cost on average more than half a million pounds, £200,000 more expensive than the typical semi-detached house. Double tax on holiday homes A Welsh local authority plans to double council tax on second homes in order to deter the growing number of English buyers snapping up seaside holiday homes on the coast of Wales.  Owners of holiday homes and empty properties in Gwynedd will be hit with double council tax from next month after Councillors backed the increase in premium from the current 50%. The tax could raise an extra £3m a year for social housing. More than one in ten houses in Gwynedd was now classed as a second home. Councillors in the larger city of Swansea are planning a similar tax hike. Buyers, presumably priced out of the more expensive Devon and Cornwall, have been buying up properties in Welsh beauty spots. The effect of this prices locals out of the market and destroys local village life where properties are only used at weekends. Councils have powers to increases local taxes on empty properties and second homes. Cheap money also fuelling the bubble? There is a buy-to-let mortgage available through the NRLA offering a 2 year fixed rate of 1.25%, with free legal fees and a £250 cashback! You could borrow a million pound on interest only and the mortgage payment would be just over £1000 per month. You couldn’t rent a million pound home for that. If you enjoyed this and found it helpful, please like and share with your friends and follow me on social media to give more people free value.   I’m offering a free Wealth Accelerator discovery coaching call to three people this week - CLICK HERE TO BOOK YOUR FREE CALL https://bit.ly/3zJ21GYSee omnystudio.com/listener for privacy information.
7/8/202117 minutes, 16 seconds
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Two Deadlines End 30 June - How Will They Affect You?

Stamp Duty holiday ends, long live tax on property buyers! Wednesday 30 June is the deadline for most European Union (EU) citizens to apply to live permanently in the UK as settled residents. The Stamp Duty exemption for homebuyers paying tax on properties which cost £250,000 or less is coming to an end, much to my solicitor’s relief! He will need a real holiday! Wales temporarily raised its threshold for land transaction tax (LTT) during the pandemic from £180,000 to £250,000, in line with other UK governments. The exemption, originally to March 2021, was extended to 30 June. Some homebuyers have saved thousands by completing sales within the deadline, but others are set to miss out for various reasons including legal or mortgage delays. From 1 July, stamp duty will be charged above £250,000 at the following rates: £0-£250,000 = 0% £250,001-£925,000 = 5% £925,001-£1,500,000 = 10% £1,500,000+ = 12% On 1 October 2021, rates are due to return to normal. That means the point you to start paying stamp duty will revert to £125,001: £0-£125,000 = 0% £125,001-£250,000 = 2% £250,001-£925,000 = 5% £925,000-£1,500,000 = 10% £1,500,000+ = 12% You can use the government's Stamp Duty Land Tax (SDLT) calculator to find out how much you would pay. Will there be a slump in the market?  In truth, nobody really knows when the property, or stock market, will peak, but we do know that bull runs usually last 10-12 years and we have already passed that deadline. Governments around the world printing trillions of dollars have prevented a slump and recession, so far. An estate agent friend of mine, who has just had her best quarter ever, said she is concerned that people who wanted to buy this year have done so already. EU Settlement Scheme Deadline The take-up of the European Union Settlement Scheme (EUSS) has been huge - but there are serious concerns that thousands of people have still not sought to register. Anyone who is not registered loses their legal right to live in the UK. What is the EU Settlement Scheme? The EUSS was launched in March 2019 to register EU citizens as settled residents in the UK. This is a follow-on from Brexit, which ended freedom of movement and the right of people from the EU to come to the UK - and for UK citizens to go the other way. More details - https://how2cometotheuk.blogspot.com/2021/06/eu-settlement-deadline-30-june-2021-how.html By the end of May 2021, 5.6 million people had applied for the scheme - far more than expected (it was estimated in March 2019 that there were 3.7m EU nationals in the UK). How will this affect UK residents? The BBC reports that a shortage of skilled trade workers has developed as European Union migrants leave the UK and demand for home improvements rises, according to the founder of Homeserve. Chief executive Richard Harpin said the shortages were "pretty bad" across the country, not just in construction but in other trades too. He wants the government to put more trades on its jobs shortage list.  The hospitality sector is also experiencing staff shortages, so you might have to wait a little longer for your latte. In the long run, importing cheap labour does not help the economy and we should be investing in more training to upskill the resident workforce, especially if they are unemployed and drawing benefits.  The laws of supply and demand dictate that when there is a shortage, prices rise. We will all be paying more for trades people, and the price of materials has also shot up. It has become almost impossible to find handymen, plumbers, builders, electricians and other workers since the lockdown when thousands of EU workers handed back the keys to their landlords and flew home. With so many people moving, everyone is busy, which is exactly what the government wanted to achieve with the stimulus. Would you like to get into property, but have no money or don’t know how? Learn Multiple Streams Of Property Income AT Free Event 2 – 4 July The UK’s Brightest Property Experts Will Share In-depth, Practical Knowledge Of Buy-to-let Properties, Raising Finance And How To Build A Mighty Portfolio From The Ground Up. Register HERE FREE LIVE TRAINING- - https://bit.ly/3hmHnFX At the Multiple Streams of Property Income event we reveal the many ways you can quickly make large sums of money and secure your financial future. Our skilled trainers will reveal proven, successful methods for you to cash in on right now, even if you have no previous experience and little to no finance. Our trainers have all ‘been there, done that’ and you can relax in the certainty that you are getting the expert help you deserve! Your just need to take that first step... 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