Making Money

How much can you actually spend in retirement without running out of money? The 4% rule is one of the most popular ways to think about that problem. Abraham Okusanya has spent over a decade researching this very question. He's written a book called Beyond the 4% Rule and founded Timeline, software used by financial planners to help tens of thousands of people plan their retirement. 🎉 Sponsors: Us...

It's been a few days since the Budget, so there’s been time to get past the headlines and work out what it actually means for you. Timeyin couldn't join me today, so it’s just me and Helen Miller, who's the Director of the Institute for Fiscal Studies (IFS). They're widely seen as the independent referee when it comes to government tax and spending. 🤝 Want 1:1 financial help from us? Answer a few...

We're talking to the Director of the Institute for Fiscal Studies, Helen Miller, this morning so stay tuned for that conversation later today!

Two of the biggest economic shocks we've seen in recent years have come from wars: Russia's invasion of Ukraine and the conflict in the Middle East. But what does that actually mean for you? How can conflicts happening thousands of miles away affect the cost of your mortgage, the value of your investments, or even how much you pay in tax? Duncan Weldon is an economist and historian who's spent yea...

As more of us invest in index funds, is that a good thing? Tim Edwards from S&P Dow Jones Indices, the company behind the S&P 500, joins us to explore whether trying to beat the market pays off, and reveals fascinating data on the cost of waiting for the next stock market crash. 🤝 Want 1:1 financial help from us? Answer a few questions to find the right service & book free call: https://getmost.t...

The NHS now costs around £240 billion a year across the UK. We're spending more than ever before. It employs more people than ever before. So why doesn’t it feel like it’s getting Max Warner is an economist at the Institute for Fiscal Studies who specialises in health and social care. 🎉 Sponsors: Uswitch - See if you can save by switching to solar: https://makingmoney.email/uswitch Vanta - Get yo...

Marcia is a 45 year old counsellor from Birmingham. Do you have a money story you want to share with us? ⁠https://makingmoney.email/listener-story-form 🎉 Sponsors: Hiscox - Protect your business: https://makingmoney.email/hiscox  Vanta - Get your company secure and compliant: ⁠https://vanta.com/makingmoney – If you purchase a product or service using one of the links above, we may receive a...

The Bank of England has a key target: to keep inflation at 2%. Its main tool is interest rates. Dr Swati Dhingra is an external member of the Bank’s Monetary Policy Committee, which she joined in August 2022, making her one of just nine people who decide what that interest rate should be. 🤝 Want 1:1 financial help from us? Answer a few questions to find the right service & book free call: https:/...

Former trader Tom Hayes was sentenced to 14 years in prison for manipulating LIBOR, which used to be one of the world's most important interest rates. Prosecutors said Tom was the ringleader of a conspiracy to influence the rate. Tom says he was made a scapegoat for the financial crisis and that what he did was commonplace. He ended up spending five and a half years in prison before being released...

Many of us dream of retiring early, or at least having the option to. Gareth, one of our viewers, retired at just 48. But what happens when the plan you've spent years building is finally put to the test? Check out our AI financial planning tool: https://makingmoney.email/AI  🤝 Want 1:1 financial help from us? Answer a few questions to find the right service & book free call: https://getmost...

Rob Dix says we can’t rely on the rules of the past to get the financial future we expect, and shares some new ideas for what we can do instead. Rob is a finance expert, host of The Property Podcast and has just released a new book called 'Seven Myths About Money: And The Truth About Finding Financial Freedom’.   *This episode was originally published on the 6th of January 2025* Rob’s bo...

From performing on the streets at 16 to becoming a stand-up comedian, Stuart Goldsmith has never had a salary.  🤝 Want 1:1 financial help from us? Answer a few questions to find the right service & book free call: https://getmost.typeform.com/pod-episodes 🎉 Sponsors: Hiscox - Protect your business: https://makingmoney.email/hiscox  Vanta - Get your company secure and compliant: ⁠https:...

Alasdair Walker is a financial planner but he’s also one of the people behind the popular UK Personal Finance flowchart and former moderator of the Reddit community. So we’re not exaggerating when I say he's helped millions of people make better money decisions. Check out our AI financial planning tool: https://makingmoney.email/AI  UK Personal Finance Flowchart: https://ukpersonal.finance/fl...

Former Premier League footballer Clarke Carlisle has spoken openly about his struggles with mental health, including five suicide attempts, but rarely about the role money played throughout his life. In this episode, Clarke reveals how money became tied to his identity and self-worth, and reflects on the financial decisions he made during and after his football career. 🤝 Want 1:1 financial help f...

Most investors are scared about the same thing: what if I invest and the market crashes tomorrow? Ben Carlson is author of the popular investing blog A Wealth of Common Sense and Director of Institutional Asset Management at Ritholtz Wealth Management. In his new book Risk and Reward, he looks at history's biggest market crashes, and what they can teach us about investing when the future feels unc...

*This episode was originally published in July 2024 - some facts and figures may have changed* We can’t talk enough about the pensions crisis. Most people aren’t saving enough for the life they are going to want and something has to be done about it. We cover the big questions: why is there a problem, how much we really need to be saving and will the state pension even exist when you retire? Tom M...

How should you invest in retirement? Are annuities actually a good idea again? What if you’ve only got 5 years to get to your goal? We put your biggest money questions to friend of the podcast and financial adviser Lisa Conway-Hughes. You can learn more about Lisa’s advice firm here: https://lchwealth.co.uk/most/  🤝 Want 1:1 financial help from us? Answer a few questions to find the right se...

On this podcast we speak to investors, economists and money experts. But some of the most interesting perspectives come from people outside the finance industry. Today's guest is Cam, a serving soldier in the British Army and the creator of the Savvy Squaddie YouTube channel. Do you want to share your money stories on the podcast? ⁠https://makingmoney.email/listener-story-form 🤝 Want 1:1 financia...

What would happen if someone else got access to your phone? I’d not really thought about how serious that could be until this conversation with Victoria. 🤝 Want 1:1 financial help from us? Answer a few questions to find the right service & book free call: https://getmost.typeform.com/pod-episodes 🎉 Sponsors Vanta - Get your company secure and compliant: ⁠https://vanta.com/makingmoney – If you pu...

One thing we've learned from interviewing hundreds of people about money is that the numbers are only part of the story. Today we’re speaking to Neil, better known as Neil Invests, not just about his portfolio, but the journey that got him there - from sleeping on his sister's floor and battling shame and depression, to building £175k in his ISA over 6 years and being planning to retire at 50.  He...

They say our money habits are shaped by our parents, with many of them formed before we're even seven years old. So I wanted to find out where my relationship with money really came from. To do that, I sat down with the one person who's been there from the very beginning. 🤝 Want 1:1 financial help from us? Answer a few questions to find the right service & book free call: https://getmost.typeform...

Patrick Foster is a recovering addict who spent every day for 13 years gambling. It all started with a 2 pound bet... TW: This video contains discussions of suicide and addiction, which some listeners may find distressing. If you are struggling with addiction in the UK: https://www.nhs.uk/live-well/addiction-support/ Patrick's website: Patrick's app: https://reclaimapp.co.uk/ 🤝 Want 1:1 financial...

Does UK politics actually work? Is the system broken? And if it is, what needs to change? We don't often do political interviews, but this felt like an important moment to have one. We spoke to political commentator Ian Dunt two years ago before Labour came to power. He correctly predicted what would happen. So we got him back on. 🎉 Sponsors Vanta - Get your company secure and compliant: ⁠https:/...

Modern Britain has been shaped by economic decisions. Was austerity the biggest economic mistake of the last generation? Cahal Moran is an economist and host of the YouTube channel Unlearning Economics. His latest book is Why We’re Getting Poorer (https://amzn.eu/d/0cNLJJDO). 🎉 Sponsors Vanta - Get your company secure and compliant: ⁠https://vanta.com/makingmoney Xero accountancy software - get 9...

Ramin Nakisa from PensionCraft is back. Like me he’s spent years explaining why investing 100% in global equities works. But recently, he changed his portfolio, cutting his exposure by almost half. What changed? And what might make him change his mind again? 💬 Get personal help with your money from our AI Sorry, the retirement features aren’t quite ready yet (we had to keep that ending!) but you...