Money Tips Daily by Charles Kelly, former IFA and author of

What Habits Define Your Life? Your habits define you and you are where you are today largely due to the habits you form. Watch YouTube Video . Good health habits will make you healthy, bad habits will kill you. Good money habits will make you rich, bad habits will make you poor, which I talk about in my book ‘Yes, Money Can Buy You Happiness’ and S.M.A.R.T Money Manager Course. Would you like to l...

The UK is now paying almost £9 billion per month to service its debt of £2 trillion – close to 100% of GDP. In America, the situation is even worse with an acknowledged debt of $30 trillion costing $600 billion per annum. The real American liability amounts to over $150 trillion if you take into account pensions and social security liabilities. The UK has a similar problem with unfunded pensions,...

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 co...

UK inflation reached the highest level since August 2018 prompting a drop in share prices as investors looked for the safety of gold. The price of gold was up this week following the latest UK inflation figures, which saw CPI rise to 2.5%. Despite the pound's recent strength, gold climbed to £1,311.59 per ounce. Elsewhere, stock markets are subdued following the news, with the FTSE 100 down 0.46%...

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 -...

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 rem...

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 wi...

Action Fraud figures show that victims of investment fraud lost at least £657m in 2020, as scammers preyed on financial vulnerability caused by the coronavirus pandemic. There are different types of investment fraud, the most common involve shares, bonds, cryptocurrency and commodities such as wine, fine art and diamonds. Fraudsters contact you unexpectedly, promise generous returns and may say th...

In March 2021 Artnet News reported the sale of a piece of NFT digital art by Beeple’s which sold for $69 million at Christie’s auction. The artist, whose real name is Mike Winkelmann, jumped to number three on the list of most expensive living artists at auction. An NFT, or Non-Fungible Token, is a type of digital asset, like a representation of piece of physical art or music, that you can own and...

Renting A Home Is Cheaper Than Buying For First Time In 6 Years With low interest rates and high rents, it has long been assumed that it is cheaper to buy than rent. But the tide has turned thanks to soaring house prices and lower rental demand, especially in the city centres. According to leading estate agents, Hamptons, it has become cheaper to rent a property than buy a home for the first time...

The baby boomer and millennial generations are facing an uncertain future with job insecurity and drastically reduced state and private employer pension benefits. How can you avoid ending up living your retirement days in poverty? There are a number of steps you can take, but it starts.... see full article . I haven’t got time in this short presentation to cover everything - which I go though in m...

British house prices leaped by an annual 10.9%, the most in almost seven years, and they look set to rise further as people search new homes after the pandemic, one of the country’s largest mortgage lender the Nationwide said. Almost 70% homeowners considering a move said they would still go ahead even without the unlikely extension of a tax incentive by Chancellor Rishi Sunak, Nationwide said, ac...

Are You Fed Up Struggling With Money? Firstly, I just want to thank you for taking the time to join me today. Money problems are one of the biggest causes of stress and relationships breakdowns. I can remember my parents having some almighty rows over money! I’m Charles Kelly and for 25 years I worked as a Financial Adviser helping thousands of people solve their money problems. I was successful,...

In these uncertain and rapidly changing times, it is important to choose an occupation which gives you some guarantee of a long-term future. In the UK, the Home Office publishes an official list of ‘ shortage occupations ’, for which a qualified and experienced overseas migrant may qualify for a Skilled Worker visa . The list includes jobs such as, Health Service and Residential Day Care or Domici...

Under the latest Regulations, landlords must have the electrical installations in their properties inspected and tested by a person who is qualified and competent at least every 5 years.  CLICK HERE TO SEE FULL DETAILS . Free Wealth Coaching Session for 3 people – limited offer Boris has an unsatisfied CCJ at 10 Downing Street! I was a financial adviser for 25 years, but became frustrated wit...

The UK economy fell by 9.9% in 2020, yet property prices went up, and the market is still hot! House sales and property prices have surged amid government moves to stimulate the housing market. New data from HM Revenue and Customs (HMRC) showed UK property transactions in March hitting the highest monthly level since modern records began in 2005. The housing market has been almost immune to the Co...

The UK government has announced the launch of a new 95% mortgage scheme. · 95% mortgage guarantee launches today, available on high streets across the country · Scheme part of a range of ownership options to help make home ownership a reality · New figures show demand for home ownership has soared during lockdown, with nearly 80% of private renters now saving for a deposit A new government-backed...

The end of the current tax, or fiscal year, is approaching fast on 5th of April, so not long to make your final plans. This is the time of year when you should be thinking about using up all of your tax allowance before they are lost forever. · ISA's - tax free savings accounts · Pension Contributions · Marriage allowance - not always claimed · Tax relief for working at home Talk to an accountant...

3 Easy Steps To Starting A Risk-free Business From Home With No Capital Or Product Happy St Patrick’s Day! With pubs and restaurants closed for the lockdown in The UK and Irelands, this will be a very quiet St Patrick’s Day. This is a reminder of how vulnerable physical businesses, like pubs, restaurants and shops are to economic downturns or market changes. At the same time, internet companies ar...

In yet another blow for buy-to-let landlords with tenants not paying their rent, the UK government has announced another extension to the current ban on bailiff-enforced evictions in England until May 31. From June the ban will “taper” off, leaving landlords confused since no details have been released on exactly how this will take effect. Housing Secretary Robert Jenrick said:..... click for full...

As we celebrate International Women’s Week, new research in UK has found that the average woman in her twenties today will retire with £100,000 less in her pension than men. The BBC reports that the insurance and pension provider Scottish Widows found that women will need to work an extra 40 years just to close the gap. The main reasons are lower average earnings, greater probability of working pa...

As expected, the Chancellor Rishi Sunak has extended the Stamp Duty Holiday for a further three months to help sellers and buyers complete transactions. Budget Main Points Covid-19 Support Extended · Furlough extended to end of September · Support for self-employed to be extended until September · 600,000 more self-employed people eligible for help with access to grants widened · Minimum wage will...

What can property buyers expect from the UK Budget? Will Stamp Duty Holiday be extended by Chancellor Rishi Sunak in the 3 March Budget? Possible extension of the stamp duty holiday in England? Mortgage guarantee to help buyers with 5% deposit A new ‘mortgage guarantee scheme’ to help people with small deposits obtain a higher ‘loan-to-value’ mortgage to get on the property ladder is set to be ann...

Money Tips News Round Up Friday 19 February 2021 v UK government borrowing soared to £8.8bn in last month v Uber Drivers are “NOT self-employed, Supreme Court Rules v Free Property Training For Money Tips Followers – Could 2021 Be Your Year? UK government borrowing soared to £8.8bn in last month , the highest January figure since records began in 1993, reflecting the cost of pandemic support measu...

How Long Will The Party Last? The average prices of UK house climbed 8.5% in 2020, the highest yearly growth rate since October 2014, according to the official Land Registry data. The average UK house price reached a record high of £252,000 in December 2020, the Office for National Statistics said. The UK is made up of a number of distinct markets, some a world apart from London where average pric...