Avsnitt

  • How do younger generations deal with the financial challenges they’ve been dealt? And is it really harder than it was for their parents? Iona Bain is a writer, speaker, broadcaster and author of ‘Own It: How our generation can invest our way to a better future’. She started the Young Money blog in 2011 to help young people get to grips with personal finance and is currently BBC Morning Live’s money expert. 
    You can get Iona’s book here: https://amzn.to/4d0b0qW

    Hostinger (build your website) - and use the code MakingMoney to get 10% off: https://www.hostinger.com/makingmoney

    Newsletter
    If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/S3E7

    What's your financial health? 
    Take our quiz: https://makingmoneypod.scoreapp.com/

    Investment platforms

    Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. Some of these are affiliate links. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you.
    Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.

    InvestEngine 
    Get a £25 bonus when you invest at least £100.
    https://investengine.pxf.io/daOD2Q

    Vanguard
    https://www.vanguardinvestor.co.uk/
    This is not an affiliate link.

    Trading 212
    Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
    https://www.trading212.com/promocodes/MM 
    If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account.


    This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

  • How do politicians escape accountability for their lies? Why is there wasteful spending on poorly conceived projects that aren’t based on evidence? How has a tax system been created that is more than confusing? 
    Ian Dunt is a political writer and commentator. He’s a columnist for the i, former Editor of Politics.co.uk and used to host the Remainiacs podcast. He has written a book called ‘How Westminster Works...and Why It Doesn’t’. 
    Is the UK political system broken beyond repair? 
    You can buy Ian’s book here: https://amzn.to/4asCi7F

    Hostinger (build your website) - and use the code MakingMoney to get 10% off: https://www.hostinger.com/makingmoney

    Newsletter
    If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/S3E7

    What's your financial health? 
    Take our quiz: https://makingmoneypod.scoreapp.com/

    Investment platforms
    Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. Some of these are affiliate links. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you.
    Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.
    InvestEngine 
    Get a £25 bonus when you invest at least £100.
    https://investengine.pxf.io/daOD2Q
    Vanguard
    https://www.vanguardinvestor.co.uk/
    This is not an affiliate link.
    Trading 212
    Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
    https://www.trading212.com/promocodes/MM 
    If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account.

    This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

  • Saknas det avsnitt?

    Klicka här för att uppdatera flödet manuellt.

  • What does the recent history of crypto teach us about it today?
    FT Journalist Joshua Oliver won awards for his reporting of the collapse of FTX, the crypto exchange founded by Sam Bankman-Fried, known as SBF, who was sentenced to 25 years in prison for fraud and related crimes in March 2024.
    Joshua has written a book ‘Hype Machine: How Greed, Fraud and Free Money Crashed Crypto’. It covers the biggest names in cryptocurrency; how SBF became one of the most famous CEOs in the world; and why the collapse of his company rippled through the industry and led to the crypto crash of 2022.
    You can buy Josh’s book here: https://amzn.to/3xjRq8B
    Listen to part one of our crypto episodes ‘We need to talk about crypto’ here: https://link.chtbl.com/6snSImh1
    This is not financial advice. Don’t invest in cryptocurrency unless you’re prepared to lose all the money you invest. You should not expect to be protected if something goes wrong. 

    Hostinger (build your website) - and use the code MakingMoney to get 10% off: https://www.hostinger.com/makingmoney

    Newsletter
    If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/S3E6

    What's your financial health? 
    Take our quiz: https://makingmoneypod.scoreapp.com/

    Investment platforms

    Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. Some of these are affiliate links. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you.
    Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.

    InvestEngine 
    Get a £25 bonus when you invest at least £100.
    https://investengine.pxf.io/daOD2Q

    Vanguard
    https://www.vanguardinvestor.co.uk/
    This is not an affiliate link.

    Trading 212
    Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
    https://www.trading212.com/promocodes/MM 
    If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account.

    This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

  • Where is the value in cryptocurrencies like Bitcoin and Ethereum? Can they help returns without introducing too much risk? Is Bitcoin getting more stable? If you want to invest, where do you do it?
    Tom Rodgers is a freelance financial writer and analyst specialising in cryptocurrency. He is the former Head of Research for ETC Group, which runs the biggest Bitcoin fund in Europe. He helps us discuss all those questions and more.
    For more from Tom: https://chartingfutures.substack.com/
    Here is the report referenced in the episode that looks at the impact of a small % of Bitcoin/Ethereum in a multi-asset portfolio: https://coinshares.com/research/a-little-bitcoin-goes-a-long-way
    This is not financial advice. Don’t invest in cryptocurrency unless you’re prepared to lose all the money you invest. You should not expect to be protected if something goes wrong.

    Hostinger (build your website) - and use the code MakingMoney to get 10% off: https://www.hostinger.com/makingmoney

    Newsletter
    If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/S3E5

    What's your financial health? 
    Take our quiz: https://makingmoneypod.scoreapp.com/

    Investment platforms

    Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. Some of these are affiliate links. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you.
    Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.

    InvestEngine 
    Get a £25 bonus when you invest at least £100.
    https://investengine.pxf.io/daOD2Q

    Vanguard
    https://www.vanguardinvestor.co.uk/
    This is not an affiliate link.

    Trading 212
    Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
    https://www.trading212.com/promocodes/MM 
    If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account.

    This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

  • In today's capitalism, who truly holds the reins of power?
    Merryn Somerset Webb is a Senior Bloomberg columnist and former editor of Money Week. In her book Share Power, she argues we, investors, need to take back control of our votes in the companies we own. She also believes that the next decade for investors will be dramatically different to the last.
    You can buy Merryn’s book here: https://amzn.to/3ToHRg9

    Hostinger (build your website) - and use the code MakingMoney to get 10% off: https://www.hostinger.com/makingmoney

    Newsletter
    If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/S3E4

    What's your financial health? 
    Take our quiz: https://makingmoneypod.scoreapp.com/

    Investment platforms

    Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. Some of these are affiliate links. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you.
    Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.

    InvestEngine 
    Get a £25 bonus when you invest at least £100.
    https://investengine.pxf.io/daOD2Q

    Vanguard
    https://www.vanguardinvestor.co.uk/
    This is not an affiliate link.

    Trading 212
    Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
    https://www.trading212.com/promocodes/MM 
    If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account.


    This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

  • Do you invest in bonds? You might not realise it but you probably do. If you have a workplace pension the default is to invest you in both stocks and bonds. But is this actually the right way to build long-term wealth? Ramin Nakisa from the PensionCraft YouTube channel, and friend of the podcast, is a fan of bonds. That doesn’t mean he thinks they’re always the right choice but he believes they can be more useful than you might think.

    Hostinger (build your website) - and use the code MakingMoney to get 10% off: https://www.hostinger.com/makingmoney

    Newsletter
    If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/S3E3

    What's your financial health? 
    Take our quiz: https://makingmoneypod.scoreapp.com/

    Investment platforms

    Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. Some of these are affiliate links. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you.
    Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.

    InvestEngine
    Get a £25 bonus when you invest at least £100.
    https://investengine.pxf.io/daOD2Q

    Vanguard
    https://www.vanguardinvestor.co.uk/
    This is not an affiliate link.

    Trading 212
    Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
    https://www.trading212.com/promocodes/MM 
    If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account.


    This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

  • What would you do if you were scammed? Do you know what kinds of things the banks look for when evaluating if you should get your money back?
    Katie Morley is consumer champion for the Telegraph. She’s won back around 10 million pounds for scam and fraud victims including those who should have been protected but weren’t.
    Last year Damo was invited to No.10 to talk about fraud because it's such a big issue. We all know we need to be more aware of the techniques used to target us and our rights if we fall victim
    You can contact Katie at: [email protected]
    **You usually have up to 6 years to complain to the financial institution - then you must go to the financial ombudsman within 6 months of getting the final response to your complaint from the financial institution. For more information on time limits: https://www.financial-ombudsman.org.uk/consumers/expect/time-limits**

    Sponsors
    Hostinger (build your website) - and use the code MakingMoney to get 10% off: https://www.hostinger.com/makingmoney

    Newsletter
    If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/S3E1

    What's your financial health? 
    Take our quiz: https://makingmoneypod.scoreapp.com/

    Investment platforms
    Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. Some of these are affiliate links. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you.
    Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.

    InvestEngine
    Get a £25 bonus when you invest at least £100.
    https://investengine.pxf.io/daOD2Q

    Vanguard
    https://www.vanguardinvestor.co.uk/
    This is not an affiliate link.

    Trading 212
    Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
    https://www.trading212.com/promocodes/MM 
    If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account.


    This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

  • So many things prevent us from being productive: fear, procrastination, boredom…to just name the ones we struggle with. If you could do more with your time, what could you accomplish? Get more money, start that side hustle, or maybe just enjoy your life more?
    Ali Abdaal started his YouTube channel as a side hustle while he was a medical student. He now has over 5 million subscribers and makes 5 million pounds a year.. An expert in productivity, he’s literally written a book on it, the New York Times bestseller ‘Feel Good Productivity’.
    You can order Ali’s book here: https://amzn.to/3URBIvg

    Sponsors
    Hostinger (build your website) - and use the code MakingMoney to get 10% off: https://www.hostinger.com/makingmoney

    Newsletter
    If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/S3E1

    What's your financial health? 
    Take our quiz: https://makingmoneypod.scoreapp.com/

    Investment platforms
    Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. Some of these are affiliate links. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you.
    Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.
    InvestEngine
    Get a £25 bonus when you invest at least £100.
    https://investengine.pxf.io/daOD2Q
    Vanguard
    https://www.vanguardinvestor.co.uk/
    This is not an affiliate link.
    Trading 212
    Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
    https://www.trading212.com/promocodes/MM 
    If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account.

    This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

  • You asked us:

    Are you shooting yourself in the foot by investing in ESG (environmental, social and governance) funds?

    Should you sell your Pokemon card collection to invest in index funds?

    --
    Sign up to the Masterclass: https://makingmoney.mykajabi.com/joinus
    We'll be back with Season 3 next week.

  • You asked, we answered:

    Were either of our parents financially savvy or has everything been self taught?

    SUV at 5.49% for 60 months. Brain says pay if off or do I continue investing/saving for baby OTW?


    ---------
    Sponsors
    Sensate: Get help with your anxiety & 10% off with the code MM10: https://www.getsensate.com/makingmoney
    Unbiased: Get help with your money from a financial advisor: https://www.unbiased.co.uk/makingmoney

    Making Money Masterclass
    Sign up to the Masterclass: https://makingmoney.mykajabi.com/joinus

    What's your financial health? 
    Take our quiz: https://makingmoneypod.scoreapp.com/

    Investment platforms
    Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. Some of these are affiliate links. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.

    InvestEngine
    Get a £25 bonus when you invest at least £100.
    https://investengine.pxf.io/daOD2Q

    Vanguard
    https://www.vanguardinvestor.co.uk/
    This is not an affiliate link.

    Trading 212
    Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
    https://www.trading212.com/promocodes/MM 
    If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account.

    This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

  • The questions are all about pensions this week:

    What are our thoughts on a ‘pension crisis’ for Millennials/Gen Z when retirement comes around?

    Should you reduce pension contributions in order to pay off debt quicker?

    What % of your income should you pay into your pension?


    We will be back with Season 3 of Making Money in a few weeks.
    ---------
    Sponsors
    Sensate: Get help with your anxiety & 10% off with the code MM10: https://www.getsensate.com/makingmoney
    Unbiased: Get help with your money from a financial advisor: https://www.unbiased.co.uk/makingmoney

    Making Money Masterclass
    Sign up to the Masterclass: https://makingmoney.mykajabi.com/joinus

    What's your financial health? 
    Take our quiz: https://makingmoneypod.scoreapp.com/

    Investment platforms
    Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. Some of these are affiliate links. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.

    InvestEngine
    Get a £25 bonus when you invest at least £100.
    https://investengine.pxf.io/daOD2Q

    Vanguard
    https://www.vanguardinvestor.co.uk/
    This is not an affiliate link.

    Trading 212
    Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
    https://www.trading212.com/promocodes/MM 
    If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account.

    This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

  • Gary Stevenson is a former city trader who made millions from betting on growing inequality. With his Youtube Channel @GarysEconomics he now campaigns to end the very thing he made money from and he's written a book called ‘The Trading Game: A Confession’ about his experiences in finance and what drove him to leave a life where he earnt millions a year.
    Understanding the economic system we are in is important, in many ways it defines how much money you can make. And Gary has spent a lot of time thinking about where our economy is heading. He warns, without a tax on the super rich, wealth inequality will continue to increase, leaving the majority of us much worse off.
    You can order Gary’s book here: https://amzn.to/3SJGXeM

    Sponsors
    Hostinger (build your website) - and use the code MakingMoney to get 10% off: https://www.hostinger.com/makingmoney
    Sensate: Get help with your anxiety & 10% off with the code MM10: https://www.getsensate.com/makingmoney
    Unbiased: Get help with your money from a financial advisor: https://www.unbiased.co.uk/makingmoney

    Newsletter
    If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/S2E14

    What's your financial health? 
    Take our quiz: https://makingmoneypod.scoreapp.com/

    Investment platforms
    Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. Some of these are affiliate links. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you.
    Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.
    InvestEngine
    Get a £25 bonus when you invest at least £100.
    https://investengine.pxf.io/daOD2Q
    Vanguard
    https://www.vanguardinvestor.co.uk/
    This is not an affiliate link.
    Trading 212
    Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
    https://www.trading212.com/promocodes/MM 
    If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account.

    This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

  • What’s the secret behind beating the market? It's a question many ask, but who really knows the answer? James Taylor, co-author of ‘Invested: How Three Centuries of Stock Market Advice Reshaped Our Money, Markets, and Mind’, looks at why, despite the rise of passive investing, so many people are still obsessed with active investing, outperforming the market, and how the same marketing strategies that were used all those years ago are still enticing people today.
    James's book: https://amzn.to/3OiSlvJ

    Sponsors
    Hostinger (build your website) - and use the code MakingMoney to get 10% off: https://www.hostinger.com/makingmoney
    Sensate: Get help with your anxiety & 10% off with the code MM10: https://www.getsensate.com/makingmoney
    Unbiased: Get help with your money from a financial advisor: https://www.unbiased.co.uk/makingmoney

    Newsletter
    If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/S2E13

    What's your financial health? 
    Take our quiz: https://makingmoneypod.scoreapp.com/

    Investment platforms
    Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. Some of these are affiliate links. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you.
    Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.
    InvestEngine
    Get a £25 bonus when you invest at least £100.
    https://investengine.pxf.io/daOD2Q
    Vanguard
    https://www.vanguardinvestor.co.uk/
    This is not an affiliate link.
    Trading 212
    Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
    https://www.trading212.com/promocodes/MM 
    If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account.

    This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

  • We all want to get paid more but how do you get a salary increase out of your company? What steps should you take to build your case before asking? And how do you approach that pay rise meeting with your manager? To help us figure out a plan, we’re speaking to HR expert Wayne Clarke, author of How to Become a World-Class Manager.
    Wayne’s book: https://amzn.to/3RW2YFC

    Sponsors
    Hostinger (build your website) - and use the code MakingMoney to get 10% off: https://www.hostinger.com/makingmoney
    Sensate: Get help with your anxiety & 10% off with the code MM10: https://www.getsensate.com/makingmoney
    Unbiased: Get help with your money from a financial advisor: https://www.unbiased.co.uk/makingmoney

    Newsletter
    If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/S2E12.

    What's your financial health? 
    Take our quiz: https://makingmoneypod.scoreapp.com/

    Investment platforms
    Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. 
    Some of these are affiliate links. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you.
    Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.
    InvestEngine
    Get a £25 bonus when you invest at least £100.
    https://investengine.pxf.io/daOD2Q
    Vanguard
    https://www.vanguardinvestor.co.uk/
    This is not an affiliate link.
    Trading 212
    Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
    https://www.trading212.com/promocodes/MM 
    If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account.

    This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

  • Do you ever look back and think where did the time go? It’s a horrible feeling, life passing you by, but it’s natural because we have to spend most of our lives operating in subconscious mode. To learn how to get what we want from life, particularly how to change career, we’re speaking with Dr Grace Lordan, author of Think Big and an Associate Professor in Behavioural Science at the London School of Economics. How do you decide what you really want, and how do you get it?
    Think Big on Amazon: https://amzn.to/3RTinGT

    Sponsors
    Hostinger (build your website) - and use the code MakingMoney to get 10% off: https://www.hostinger.com/makingmoney
    Sensate: Get help with your anxiety & 10% off with the code MM10: https://www.getsensate.com/makingmoney
    Unbiased: Get help with your money from a financial advisor: https://www.unbiased.co.uk/makingmoney

    Newsletter
    If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/S2E11.

    What's your financial health? 
    Take our quiz: https://makingmoneypod.scoreapp.com/

    Investment platforms
    Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. 
    Some of these are affiliate links. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you.
    Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.
    InvestEngine
    Get a £25 bonus when you invest at least £100.
    https://investengine.pxf.io/daOD2Q
    Vanguard
    https://www.vanguardinvestor.co.uk/
    This is not an affiliate link.
    Trading 212
    Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
    https://www.trading212.com/promocodes/MM 
    If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account.

    This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

  • Do you want financial independence by the time you're 40? 50? 60? Do you know how to get there? That’s why we started the podcast - to give you the knowledge and confidence to change your financial future. So how do you end 2024 in much better shape? Well, that’s why we’re speaking with Financial Advisor Lisa Conway-Hughes who’ll map out the key things you need to get done in 2024 to get better with money and build wealth.
    ...
    Other key episodes you can learn from:
    Can anyone get rich: https://www.makingmoneypodcast.co.uk/episodes/2-can-anyone-get-rich-andrew-craig-how-to-own-the-world
    How to budget: https://www.makingmoneypodcast.co.uk/episodes/5-how-to-budget-to-get-the-most-from-what-you-earn
    How to sort your pension: https://www.makingmoneypodcast.co.uk/episodes/12-how-to-sort-your-pension-and-retire-well-lisa-conway-hughes-miss-lolly
    How to invest in a global index fund (where Damo puts most of his money): https://www.makingmoneypodcast.co.uk/episodes/15-how-to-pick-investment-platform-and-broker
    Deep dive on investing: https://www.makingmoneypodcast.co.uk/episodes/14-the-one-thing-you-should-invest-in-to-beat-investors-ramin-nakisa
    ...
    Sponsors
    Hostinger (build your website) - and use the code MakingMoney to get 10% off: https://www.hostinger.com/makingmoney
    Sensate: Get help with your anxiety & 10% off with the code MM10: https://www.getsensate.com/makingmoney
    Unbiased: Get help with your money from a financial advisor: https://www.unbiased.co.uk/makingmoney
    ...
    Newsletter
    If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/S2E10

    Watch this episode on YouTube here: https://youtu.be/tYN6y1Qjh14

    What's your financial health? 
    Take our quiz: https://makingmoneypod.scoreapp.com/

    Investment platforms
    Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. 

    Some of these are affiliate links. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you.
    Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.

    InvestEngine
    Get a £25 bonus when you invest at least £100.
    https://investengine.pxf.io/daOD2Q

    Vanguard
    https://www.vanguardinvestor.co.uk/
    This is not an affiliate link.

    Trading 212
    Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
    https://www.trading212.com/promocodes/MM 
    If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account.

    This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

  • You asked us:

    Would you rather have a million pounds or five thousand pounds a month until you get to a million?

    What would you do if you lost all your savings and had to start again?


    We are going to be back in January with our full-length episodes.
    ---------
    Sponsors
    Sensate: Get help with your anxiety & 10% off with the code MM10: https://www.getsensate.com/makingmoney
    Unbiased: Get help with your money from a financial advisor: https://www.unbiased.co.uk/makingmoney

    Making Money Masterclass
    Sign up to the Masterclass: https://makingmoney.mykajabi.com/joinus

    What's your financial health? 
    Take our quiz: https://makingmoneypod.scoreapp.com/

    Investment platforms
    Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. 

    Some of these are affiliate links. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you.
    Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.

    InvestEngine
    Get a £25 bonus when you invest at least £100.
    https://investengine.pxf.io/daOD2Q

    Vanguard
    https://www.vanguardinvestor.co.uk/
    This is not an affiliate link.

    Trading 212
    Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
    https://www.trading212.com/promocodes/MM 
    If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account.

    This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

  • You asked us:

    What is the one key lesson we can learn from Charlie Munger’s legacy?

    Were either of your parents financially savvy or has everything been self taught?

    What are the true risks of doing nothing with money?


    Sponsors
    Sensate: Get help with your anxiety & 10% off with the code MM10: https://www.getsensate.com/makingmoney
    Unbiased: Get help with your money from a financial advisor: https://www.unbiased.co.uk/makingmoney

    Making Money Masterclass
    Sign up to the Masterclass: https://makingmoney.mykajabi.com/joinus

    What's your financial health? 
    Take our quiz: https://makingmoneypod.scoreapp.com/

    Investment platforms
    Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. 

    Some of these are affiliate links. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you.
    Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.

    InvestEngine
    Get a £25 bonus when you invest at least £100.
    https://investengine.pxf.io/daOD2Q

    Vanguard
    https://www.vanguardinvestor.co.uk/
    This is not an affiliate link.

    Trading 212
    Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
    https://www.trading212.com/promocodes/MM 
    If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account.

    This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

  • It feels like we pay a lot of tax in the UK but is that really true? Where do our taxes actually go? Are they wasted? And are we going to have to pay more in the future? Paul Johnson is the Director of the insanely well respected Institute for Fiscal Studies and in this episode he explains how we’ve got into this pickle, how we can get out of it - and why our feelings about paying too much tax might not be rooted in reality. 
    Get Paul’s book Follow The Money: https://amzn.to/41aOqXa

    Sponsors
    Hostinger (build your website) - and use the code MakingMoney to get 10% off: https://www.hostinger.com/makingmoney
    Sensate: Get help with your anxiety & 10% off with the code MM10: https://www.getsensate.com/makingmoney
    Unbiased: Get help with your money from a financial advisor: https://www.unbiased.co.uk/makingmoney
    ...
    Newsletter
    If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/S2E9.

    What's your financial health? 
    Take our quiz: https://makingmoneypod.scoreapp.com/

    Investment platforms
    Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. 

    Some of these are affiliate links. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you.
    Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.

    InvestEngine
    Get a £25 bonus when you invest at least £100.
    https://investengine.pxf.io/daOD2Q

    Vanguard
    https://www.vanguardinvestor.co.uk/
    This is not an affiliate link.

    Trading 212
    Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
    https://www.trading212.com/promocodes/MM 
    If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account.

    This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

  • Smart people make bad decisions all the time. That’s because intelligence (IQ) has no bearing on our ability to make rational, unbiased decisions. If you can be aware of your biases and investigate your intuitions then you will make better decisions which can have a profound effect on your finances. In this episode, David Robson, author of The Intelligence Trap, lays out the key biases stopping you from getting richer - and how to combat them.
    You can find David's book here: http://bit.ly/3T04h8F

    Sponsors
    Hostinger (build your website) - and use the code MakingMoney to get 10% off: https://www.hostinger.com/makingmoney
    Sensate: Get help with your anxiety & 10% off with the code MM10: https://www.getsensate.com/makingmoney
    Unbiased: Get help with your money from a financial advisor: https://www.unbiased.co.uk/makingmoney

    Newsletter
    If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/S2E8.
    Watch this episode here: https://youtu.be/rcf0pGYkdxs

    What's your financial health? 
    Take our quiz: https://makingmoneypod.scoreapp.com/

    Investment platforms
    Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. 
    Some of these are affiliate links. If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you.
    Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.

    InvestEngine
    Get a £25 bonus when you invest at least £100.
    https://investengine.pxf.io/daOD2Q

    Vanguard
    https://www.vanguardinvestor.co.uk/
    This is not an affiliate link.

    Trading 212
    Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
    https://www.trading212.com/promocodes/MM 
    If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account.

    This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.