In this episode of Informed Choice Radio, Martin talks to seven personal finance experts about the most important thing to improve your financial wellbeing.
There is also a roundup of the latest personal finance news and an update from the world of Informed Choice.
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“The Most Important Thing To Improve Your Financial Wellbeing”
This week on Informed Choice Radio, Martin asked his favourite personal finance podcasters and other experts to share their most important thing to improve financial wellbeing.
In this episode, you will hear answers from the following stars:
–Pete Matthew from Meaningful Money
–David Stein from Money For the Rest of Us
–Chris Budd from The Financial Wellbeing Podcast
–Damien Fahy from Money To The Masses
–Joe Saul-Sehy from Stacking Benjamins
–Claire Walsh from unbiased.co.uk
–Nick Bamford from Informed Choice
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Personal finance news update
-HM Revenue & Customs has won a £143m battle against a firm promoting tax avoidance schemes.
-The rich have become richer due to the UK’s policies of low interest rates and quantitative easing.
-People over the age of 50 are spending more and more on holidays, including luxury cruises, while younger people are travelling less.
-Families should be given breathing space to repay debts otherwise the stress can affect children’s mental health, according to The Children’s Society.
-Workers in London could save themselves almost £450,000 on the cost of a home if they are prepared to commute daily for an hour each way.
Useful links mentioned in this episode
–The Financial Wellbeing Book: Creating Financial Peace of Mind (Concise Advice)
–Sapiens: A Brief History of Humankind
Get answers to your personal finance questions
Do you have a personal finance or investing question for Martin?
Email martin@icfp.co.uk or ask on Twitter @martinbamford.
You can call our dedicated podcast voicemail line on 020 8144 2745 with your question or visit www.speakpipe.com/InformedChoicePodcast to leave an online voicemail.
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