The Money Ed Podcast

In episode four of our latest series, I sat down with Mr Avocadough, a personal finance influencer and content creator to talk about some of the most important things you need to think about in the year ahead.

We spent time reflecting on 2020 and the lessons learnt and how we can apply what we've learnt into 2021. In particular, we focused on budgeting, the importance of emergency funds, as well as some of the best ways to get into investing

We're back with episode 3 of our latest series! In this show I spoke to Gaby from TalkTwenties all about how to look after yourself in 2021.

This was actually such great show and we covered a number of different topics, which I think are all so important when think about our wellbeing. We didn't just focus on money, we spoke about the effect social media is having on us and how to deal with friendships moving into your twenties  

We also spoke about the great work that Gaby is doing with TalkTwenties, an online platform looking to help people in their twenties get through their life. They have a website, run online workshops, and Gaby hosts their award winning podcast!

In episode two of our latest series, I sat down with Hannah, CEO and Co-Founder of HYBR, an online platform looking to disrupt the university rental market.

In the episode we spoke about number of the issues with renting as a university student. But don't worry, it's not all doom and gloom! We also spoke about some ways you can make the most of renting and save money. Hannah also told us what it was like living under one roof with 14 people!!

If you are worried about renting as a student, or want to find out more about the work HYBR are doing, then have a listen!

In the first show of our new series I sat down with Holly, founder of Get Woke Not Broke, to discuss the easiest way to become a millionaire... aka investing in your pension!

In the show we spoke about pensions and the benefits they bring; why its so important to start investing early; and also how investing in your pension can positively impact the environment.

Get Woke Not Broke isa personal finance platform set up to help young adults navigate the world of personal finance. You can find Holly's content through the following links:

SERIES SIX IS HERE!!!

Have a listen to find out what we have in store for you this series, including the topics we'll be exploring over the coming weeks!

Got a question, or want us to talk about a specific topic? Let us know!

Email as us moneyedinfo@gmail.com

Welcome to the final episode of series 5, Exploring the world of investing.

In this episode we're looking back on some of the key take-aways from this series and discuss what we believe to be most valuable things you need to consider when investing. This whole series has been about introducing you to investing, but equally what we have spoken about is important for any level of investor!

On this weeks episode we're looking back on 2020 and the wild ride financial markets have been on. This has been a unique year, so its important to understand exactly what has gone on and the impact it has had!

Whatever level of investing experience you have,  understanding what has gone on this year and what we might expect from 2021 can give great insight into how markets react to news flow and what that can mean for us as retail investors!

On our latest show, we discuss sustainable investing and the important part it plays in our investing journey.

In the show we breakdown sustainable investing, how to differentiate between different parts of sustainable investing, and most importantly, how you can invest sustainably. 

This show is perfect for those of you who want a better understanding of this universe and simply why its so important. I'm a true advocate of sustainable investing and I believe it will play a crucial role in solving the environmental and social issues of the world.

In our latest episode, we're talking all about investing platforms and which one's you can use depending on your position. 

Deciding which platform is for you depends on a number of personal criteria, but hopefully this episode will give you a better idea of which one my be best suited to you!

Here are four platforms we speak about in the show and have experience using: 

In our latest episode i'm sitting down with my mate Hlanganiso (H) to talk about why you should invest in your twenties.

We're here to talk to you guys about why you should invest, but also to talk through some of the reasons why you may not invest and try to debunk those myths. 

It was another chilled conversation with one of my good friends, where we explored classic investing, talked about bitcoin and also discussed trading Pokémon cards?! So we hope you enjoy and get some value from it! 

-- Get in touch --

Email us at moneyedinfo@gmail.com

Whats going on guys, welcome back to our latest episode of the MoneyEd podcast. 

On today's episode, I thought id go back a little bit to the basics of investing for beginners. This was inspired by one of my friends who asked me for some help a couple weeks ago, but this episode basically will help you to begin investing when you don't know how to invest!

IN the episode we talk about: what to think about before investing, platforms you can use, accounts, what investments to make and so on!

This is THE perfect episode for those who really don't have any idea about investing, but also don't really want to spend hours reading up on it. 

As discussed in the show, the following links will be able to help you out:

On todays episode I was lucky enough to be joined by David Barfoot, who works at Rize ETFs a specialist thematic ETF issuer.

In the first half of the show, David and I spoke in great length about what goes into creating an ETF and why they can be so beneficial to young investors. In the second half we spoke about thematic investing; what it is, why it is increasing in popularity and what the future holds for thematic investing! David was able to share his experience of working in the ETF universe and bless us with his knowledge on the sector and it was so great to have him on the show.

This episode is great if you want to understand ETF investing and the underlying make up of ETFs as well to understand what thematic investing is. 

To find out more about Rize ETFs and the work they're doing in the thematic sphere, click the following links: 

On this weeks episode we're looking at some of the less traditional asset you can invest in which are classed as 'alternatives'.

We specifically talk about Foreign Exchange, Real Estate, Hedge Funds, Private Equity. We'll look at what they are, how you can invest in them and the role they play in your investment portfolio.

To find out more info on the assets we've spoken about today, click the following links:

On this weeks episode were talking about fixed income as an asset class. Most importantly, we focus on what it is, the role it can plays in your investment portfolio and its involvement in wider financial markets!

Fixed income is by no means the most glorious investment to make, but understanding its role in the investing world can help you in your journey to becoming better investors.

Welcome back to the latest show on the Money Ed podcast, and episode 5 of our latest series, Exploring the world of investing.

On today's show we're join by Ato from the Savvy Wallet. In the show we talked to Ato about investing in Equities. Equities are one of the most popular asset to invest in as retail investors, so its important we understand exactly what they are and the benefits they can bring us. We specifically looked at different types of equity investing, what you need to think about when investing in companies and ways to invest in companies while minimizing the amount of work you need to put in!

This candid episode show is perfect for those of you who want to better understand equities while avoiding all of the intimidating and confusing jargon!

On this weeks episode we're going to be talking about the difference between active and passive investing. 

Were going to discuss what the two investing strategies are, the pros and cons to each type of investing, and why the’re an important consideration on your investing journey.

On this weeks episode, we're going to be exploring each of the different asset classes and investments you can make as retail investors. We’re also going to discuss some key tips that will help investors like you and me, and we'll finish the show talking about my personal investments and the justification for my ‘strategy’. 

This episode is perfect for those who perhaps are aware of different asset classes but aren’t sure how you can apply them in your investing journey. It also a great way for you to learn which asset classes and which investing strategies might be right for you given your risk appetite as we discussed last week

On this weeks episode we’re talking all about Risk: what It is,  the role it plays in your investing, and how best to deal with it. We’ll also focus specifically on how we can determine your risk appetite and also the importance of understanding your capacity for loss.

This episode is perfect for those of us who don’t really understand risk, or still don’t appreciate its importance. 

We're back with our final episode of series four, and what a series its been! On today's show,  we're looking back at the series, what we've discussed, and the 5 key things you need to think about when it comes to saving! 

The five key takeaway's from this series include:

- Defeating present bias

- Don't underestimate the power of compounding

- Keep your goals in sight

- The current downside of savings accounts

- Treating your savings as an essential outgoing

On this weeks episode, I sit down with my good friend Hlanganiso (H) to talk about saving through times of change. In the episode we have a discussion about saving through university, through times of transition and more generally about how we should manage our personal finances during times of difficulty.

On this weeks show, were looking at how our saving has changed over the last 6 months.  

No doubt our personal finances were affected by Covid-19. Everyone has had a different experience over the past few months,  our outgoings have varied, and our income may has also changed. But for a lot of us we really should have tried to make sure our ability to save remains.

The links to the various shows i mentioned can be found below:

On this weeks episode were exploring the FIRE movement, and joining me as a guest to talk all about it is Logan Leckie.

For those of you who don't know, FIRE is a method people use to help them to save their money in pursuit of retiring early. FIRE shows you that retirement doesn't have to be an age, and that in fact its actually a number. Its a method that encourages saving an investing your money, with the aim of living off the investments returns.

Logan is a strong believer in the FIRE movement and currently developing an app that aims to help people better manage their finances while pursuing this strategy. 

In the episode, we discuss the FIRE in detail, but a few specific topics we focused on includes:
- how to make the most of FIRE in your 20's
- the best way to manage FIRE
- how to calculate your Financial Independence (FI) number
- how young adults can implement it regardless of their financial situation

It was such a great episode and Logan shared so much useful information about FIRE. Most importantly though, he showed us that everyone can pursue this sort of strategy, whatever your financial situation. 

You can find all the links to what we spoke about in the show below:

Welcome back to Episode 5 of the 'Serious about Saving' Series.

On today's episode we delve into how our behaviours, habits and views influence our saving. While it may be a part of personal finance we don't think about too often, having a little understanding and challenging your views can help us to improve how we save and more importantly how MUCH we save.

On this weeks episode, episode 4 of the Serious about saving podcast, we're talking all things ISAs! 

Carrying on from last weeks theme, this week we're going to continue looking at individual savings accounts and how important they are when it comes to understanding our saving needs! Its a perfect episode to help you understand why ISAs can be such effective savings vehicles. However you view saving, these accounts provide a number of benefits in addition to simply being vehicles to keep your money in. 

In the show, well look at the main accounts, including the pros and cons of each account and when they would be best for us. The accounts we look at include:
- Cash ISA
- Stocks and Shares ISA
- Lifetime ISA
- H2B ISA

We also spend a bit of time talking at the less traditional accounts including:
- Innovative finance ISA
- Junior ISA (for under 18s)

There are a number of websites where you can compare ISAs at different institutions: 

Welcome back to episode 3 of the 'Serious about Saving' series.

One this weeks episode were breaking down each of the various savings accounts to help you understand how you can make the most out of them and which one is best suited to you! 

In the episode we'll look at:
- basic savings account
- fixed savings account
- regular savings account
- fixed-rate bonds

The world of savings accounts can be very complicated. This show is there to break them down to help you to understand how you can take advantage of the different rules and saving methods for each of these vehicles!

Welcome to episode 2 of the Serious about Saving series. 

In the second episode of our latest series, we discuss interest in detail. In the show we discuss:

- why interest is so crucial for our saving journey
- the relationship between interest and inflation
- compound interest
- how we can make the most of it going forward

Interest is often something we read a lot about, but some of the concepts its involved in can surpass us. This is most common especially with new savers! So check out this episode to find out how you can make interest work for you and your money.

As I said in the episode, you will find the following links super useful to help you learn about Interest:

Welcome to Episode 1 or our newest series, Serious about Saving.

In the first episode of series four, we welcome David, The personal finance coach to talk through some of the most important considerations when it comes to saving.

In the show, we discuss:
- the importance of goal setting
- creating an effective emergency fund
- managing multiple savings goals at once
- different savings vehicles for different circumstances

AND SO MUCH MORE!

Throughout our lives we're going to save for a number of things, big or small, and the show touches on some important ideas that will certainly improve your ability to save!

Its a show PACKED full of information, and David shared some seriously good tips for all you savers... its one you don't want to miss!

Welcome back to show number 20 of the Money Ed Podcast, episode 11 of the Managing our outgoings series!

We've reached the end of series four! Its been such a good series and we've covered so much. In this episode we discuss the five key takeaways from the series and we answer some questions from our listeners.

Welcome back to show number 19 of the Money Ed podcast, episode 10 of the Managing our Outgoing series!

This week we're delving into the world of financial psychology: How our mentality impacts the management of our outgoings and how our thinking and views impact our spending. We also discuss how important it is to understand the emotions that our spending elicit's and why it is crucial to understand them

Welcome back to show number 18 of the money ed podcast, episode 9 of the 'Managing our Outgoing' series.

This week we're looking at managing our non-essential outgoings. Often this is seen as one of the areas where we have to sacrifice the most in order to save. On this weeks show we look at how you can maintain a healthy balance of spending on these non-essential outgoings while understanding the importance of being disciplined. We don't want to tell you what you can and cant buy, but we would like to share with you why it is important to understand why you buy certain things and how we can try to combat this.

Welcome to show number 17 of the Money Ed podcast, Episode 8 of the 'Managing our Outgoing' series.

This week we're talking about managing our everyday outgoings. I the show we talk about
- daily expenses we can reduce to save money
- the importance of mentality when think about reducing these outgoings
- how setting goals helps to reduce everyday outgoings
- the ability to change habits and how this can reduce your everyday outgoings
- some of the most ridiculous ways people have tried to reduce their spending

Same shows, same brilliant content, but a new and improved look!

Welcome back to show 16 on the Money Ed Podcast, Episode 7 of the 'Managing our outgoings' series.

This week, with the help of my two friends, we're tackling a topic that is becoming more prevalent in society; the ongoing debate that is whether we should rent or buy! 

In the first part of the show we being by talking about the current rental and property market and the outlook post Covid-19. 

For the second part of the show I had the pleasure of talking to my two friends, Ali & Cecily, who are both currently renting and who aspire to one day own a house. It was great talking to them as they gave us great insight into renting; the advantages and disadvantages of it and some great stories of their own experience. They also shared their opinion of owning a property, why circumstance is such an important factor and why they are both keen to get on the property ladder. It was interesting to hear their views and also hear there thoughts on the bigger picture of ownership going forward.  

It was great having Ali & Cecily on and we cant wait to have them back on again!

Welcome back to show number 15 of the Money Ed Podcast, episode 6 of the 'Managing our outgoings' series

A mortgage is one of biggest, if not THE biggest debt many of us will undertake during our lives. In this episode we break down mortgages, and go into detail on a number of specifics including:

- what a mortgage is, the application process and how lenders determine eligibility
- the various 'terms' of a mortgage
- comparing different mortgages and understanding fixed vs variable rates
- managing your mortgage repayments alongside your other essential outgoings
- how we can reduce the costs of our mortgage

This episode is great for anyone who wants to learn about mortgages, or who just want to brush up on the knowledge you already know! 

Welcome back to show number 14 of the Money Ed podcast, episode 5 in the 'Managing our outgoings' series.

As one of the largest debt’s we’ll take out during our formative years, it’s important to understand how student loans work. More crucially, there’s a lot of misunderstanding around the system and how it affects us, so we wanted to really go into detail on some of the main focal points surrounding the student loan system.

Welcome to show 13 of the Money Ed Podcast, episode 4 of the 'Managing our outgoings' series. This week were looking at credit cards! 

This week we're addressing the slightly complicated topic of credit cards. Not many of us will use credit cards for a while, some of us may not use them at all, but having an understanding of how they work is important! 

In the episode we'll discuss:
- the application process, including what factors influence your eligibility for a credit card
- the advantages & disadvantages of having a credit card
- credit score.. and debunking some myths around your credit score

By listening to this show, you should be able to come to a decision as to whether a credit card is something you need! It should also give you an idea of how to best manage your credit card repayments alongside your other essential payments.  

Welcome to show number 12 of the Money Ed podcast, Episode 3 of the 'Managing our outgoings' series

This week we're addressing debt. Which ever way you address it, debt is undoubtedly the most important outgoing, and should always be included in your essential outgoings category. While the episode encompasses the overall picture of debt and the general advantages & disadvantages of debt, the episode will go into further detail on:

- addressing different types of debt
- which debt we should prioritise and why
- establishing repayment and the importance of managing your repayment effectively

Welcome to show 11 of the Money Ed Podcast, the second episode in the 'Managing our Outgoings' series.

In the episode we’ll look at:
- understanding our essential outgoings
- prioritising our essential outgoings
- thinking differently about our essential outgoings and including less traditional outgoings in this category

Welcome to show 10 of the Money Ed Podcast, the start of series three: 'Managing your Outgoings'.

The next series is going to cover everything to do with our outgoings: how to prioritise them, understanding each of our main outgoings specifically, how to reduced them etc. We also have a number of episode's where we'll explore specific outgoings including mortgage's, student loans, utilities and more. 

We begin the series by talking about how to understand and manage our outgoings. Episode 9 includes:
- how to prioritise our outgoings
- how to effectively manage our outgoings on a monthly basis
- the benefits of budgeting for our outgoings
- thinking about our outgoings during times of crisis

The first show is certainly more of an introduction into how we should think about our outgoings. By beginning to think about our outgoings in this way, we can then look to reducing them. For a lot of us, our main goal in personal finance is  to reduce our outgoings so that we have more money left over to spend or invest! This series is a great place to begin that journey and it builds on what we've discussed already in previous series.

Welcome back to show 9 of the Money Ed Podcast, episode 5 of the 'Managing our Income' series... the last episode of this series!

This week we're going too look at budgeting and more specifically:
- What some of the common budgeting 'rules' are
- how understanding income affects our budgeting methods
- the importance of aligning your budgeting with your financial goals

The show really focuses on the importance of budgeting, but one of the most important takeaways is that whatever budgeting method you do - and it can be any one - you should always align them with your financial goals! While some budgeting rules may advise you to put a certain percentage allocation of your money into a certain category, it depends entirely on your own situation, never forget that!

Welcome back to show 8 of the Money Ed Podcast, episode 4 of the 'Managing our Income' series.

This week we're discussing tax and the implications of a number of taxes on our personal finance.

We'll cover a number of the taxes young people pay, but we'll also focus on:
-  the main taxes that impact us
- tax mitigation, allowances and reliefs and the pros and cons of this
- why understanding tax can benefit our personal finance situation

Tax is boring, as we all know, but even just having a little understanding of it can benefit us now, and moving forward, both for employees and self-employed. There are many taxes you need to think abut, but even more so if you are thinking of setting up your own business and company! its also quite complicated, so if you find you are still struggling to understand, please get in touch! 

Welcome back to show 7 of the Money Ed Podcast, episode 3 of the 'Managing our Income' series.

in this series we're  tackling all concepts, products and other key information necessary to manage your income to the best of your ability.

This weeks episode we're taking a look at the Mobile Banks, specifically discussing:
- The 5 mobile only banks that have shaped the mobile banking landscape
- the services and products those banks provide
- the benefit of holding an account with these banks
- the security and protection these banks offer

Welcome to show number 6 of the Money Ed Podcast and our first special report episode!

The Coronavirus (COVID-19) is the largest pandemic in the 21st century and has grown exponentially over the last few weeks. Here at the money tree podcast we want to provide you with factual information and official evidence on the virus and the impact it has had our world so far.

The show will discuss, but is not limited to
- The virus, its impact so far (including global and UK infection and fatality rates)
- official information and advice provided by the government and other global institutions
- how the corona virus will impact our personal finance and what we need to think about

To get the greatest benefit from this show we would encourage listening it in full, however if you would rather listen to certain parts of the show, you can find the relevant time stamps below!

If you just want to find out about information and advice on COVID-19, you should listen up until 28 minutes.

If you want to find out how the virus could affect your money on a daily basis, listen from 28:30. 

Thanks for listening to show 5 of the Money Ed Podcast

This week were looking at UK high street banks for young people and analysing which one is best for us. We specifically look at banks based upon their:

- Overall service
- Online and mobile service
- ISA and basic savings rates
- Overdraft services and fees
- foreign transaction fees.

We also briefly speak about what each of these criteria mean for us and what the results represent.

The idea of this episode is to build upon last week where we spoke about maximising our income through holding our money in the right account. With this episode and supporting information it can help us to work out whether we are getting the most out of our bank accounts and whether it would be worth trying to improve that by moving to another.

Of course everyone has their own opinion when it comes to which bank is the best, but we've used pretty objective data which limit bias as much as possible as to give a fair review of each bank and the service they provide.

Thanks for listening to show 4 of the Money Ed podcast!

This week we begin a new series: Managing your income

The next episodes are all about how we can maximise our income. We're going to look at everything to do with our income and ways we can make the most out of it.

This episode we're looking at understanding and maximising our income, focusing on topics including:

- how to increase your primary income
- ways we can earn a secondary income
- what to consider when our money is sitting in our account doing nothing
- assessing our bank account and what to think about when switching

Over the show we'll discuss these key points and so much more. Talking about our income should be something that is common place; we can learn a lot from people's past experience and their views, and engaging in personal finance is one way to do this! Understanding our income is so important as without money, we have nothing to manage! Therefore, its key to understand this and to know how to maximise our money once its come into our account

As mentioned in the show, we have shared the following links which provide even more information on what we talked about in the show.

Welcome back to the third show of the Money Ed Podcast

Following on from last week, we continue to look at the foundations of personal finance and key concepts we need to know when thinking about our personal finance.

This week  we focus on psychology and behaviours behind personal finance, focusing on topics including:

- why we hold certain views on money
- how our upbringing has influenced our view of money
- the impact of our current environment on our attitudes towards money
- why its beneficial to understand why we have certain views of money

Over the show we'll discuss these key points and so much more. There really is so much value to understanding why we hold such views about money. It allows us to act on what we know and try to change those views going forward, which can help us improve our personal finance! 

As mentioned in the show, we have shared the following links which provide even more information on what we talked about in the show.

Welcome back to the second show of the Money Ed Podcast

Following on from last week, we continue to look at the foundations of personal finance and key concepts we need to know when thinking about personal finance. 

This week we address a key topic which is setting goals. In the episode we cover the importance of goals in personal finance, but more specifically we discuss:

- Why goals are so important
- Specific ways of setting goals, including using the 'SMART goals' acronym
- The impact of achieving and not achieving goals, and how we can learn from this
- Minimising external influences when considering goals

Thanks for listening to show number 1 of the Money Ed Podcast. 

This week were taking an introductory look at Personal finance. Some of the main themes we covered this week include:

- The main topics within personal finance

- How we gain a real understanding of those topics

- Why is it important to address these topics and the importance in building our understanding of personal finance

- The importance so motivation and taking action in order to improve your personal finance