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

As the UK is hit with the big freeze from the ‘Beast from the East’ and ‘Storm Emma’ snow falls, insurance companies will soon be paying out millions of pounds in claims for accidents, burst pipes and flooding. Whilst we are thinking about insurance, this might be a good opportunity to check your insured items on your home buildings and contents policy, as well as other forms of insurance. Make su...

Rich Dad Poor Dad author, Robert Kiyosaki said “the poor work hard for their money, the rich make their money work hard for them”. I would add that the rich also make their time work for them too. They leverage their time and multiply their personal time and effort. Most people exchange their time (and life) for money, and because there are only so many hours in the day it’s very hard to build wea...

Welcome to Money Tips Daily this is Money Kelly bringing you money tips to help you save and make more money! Time Management is Life Management, You Cannot Control Time! Time management is a misunderstood phrase, as we cannot control or manage time, we can only manage ourselves. Time is money, as the old saying goes. But Jim Rohn said, “Time is more precious than money, as you can always earn mor...

Welcome to Money Tips Daily this is Money Kelly bringing you money tips to help you save and make more money! Financial education is one of the main keys to managing and building your wealth. Financial ignorance will be extremely costly throughout your life, especially when you put everything into the hands of advisers and accountants. In my forthcoming book, Yes, Money Can Buy You Happiness, I in...

Welcome to Money Tips Daily this is Money Kelly bringing you money tips to help you save and make more money! Live Long and Prosper. A long and healthy life means more time to earn and enjoy the fruits of your labour or investments. One way of getting your money’s worth from your lifelong private and state pensions is to outlive the actuary’s forecasts on your normal life expectancy! If you keep d...

Welcome to Money Tips Daily this is Money Kelly bringing you money tips to help you save and make more money! I trust your weekend is going well? You might be staying up late and enjoying a lie-in after a tiring week, which brings me on to today’s tip, which is about energy management and sleep. Make Sure You Get Enough Sleep. Did you know that sleep deprivation could kill you faster than food sta...

Welcome to Money Tips Daily this is Money Kelly bringing you money tips to help you save and make more money! As the weekend kicks in, you may be planning to go shopping for an expensive item or something for the house. The Money Tips Daily tip for today is: Never borrow on loans or expensive credit cards for consumer goods or things that decrease in value. I’m not saying don’t use a credit card,...

Money Tips Daily - Model The Habits of the Rich and Successful. Simple terms, if you want to be wealthy and successful, do you want the wealthy and successful do! What does the wealthy and successful do? Find out more in this podcast.

Hello and welcome to Money Tips Daily, this is Money Kelly bringing you money tips to help save and make you more money! Mitigate Your Tax Liability, Legally! Slash your tax bill! If you are listening to this in real time, today is the 21st of February and for many of us in the UK the end of the tax or fiscal year on 5 April is fast approaching. Other countries may vary but the principle is the sa...

Welcome to Money Tips Daily Today I want to give you two tips or two for the price of one! One will save you money and the other will make you money. The first tip is to cut down on Pay-Per-View, subscription, cable or satellite TV. A Sky TV package can cost over £80 per month or almost £1000 per year. In ten years time, your will have spent £10,000 and probably be 10 pounds heavier too! The secon...

Hello and welcome to Money Tips Daily. 3 Steps to Build Up Your Credit Rating. Yesterday, we talked about protecting your credit rating, but what if it is already damaged or you have a low rating? There are different strategies for people who have a bad credit history, for instance if you have a County Court Judgment (CCJ) of a Default registered against you, and those who have virtually no credit...

Welcome to Money Tips Daily. Today I want to talk about something that can have a huge impact on your life, your credit rating. Check your credit rating regularly and protect it by never allowing your rating to be compromised by not paying a bill or defaulting on a credit card, which can stay on your record for up to six years. Protect your credit rating with your life! To check your credit file a...

Welcome to Money Tips Daily – Negotiate, Negotiate, Negotiate! We’ve talked about saving money, generating more money, but how would you like to know how to save hundreds or even thousands of pounds or dollars just by saying a few words? Negotiate! That’s right, use negotiation in your everyday dealings. The old saying that “everything is negotiable” may not always work down at your local supermar...

Hello and welcome to Money Tips Daily. Yesterday we talked about the sharing economy and turning your spare room into cash. If you’re not in a position to take in a guest, another way of generating some extra cash is to sell unwanted goods online. There are numerous websites like Amazon, Gumtree and Ebay which can help you turn old stuff into cash and it could turn into to an online business. You...

Hello and welcome to Money Tips Daily. Yesterday we concentrated on ways of saving money so today I want to give you a few tips on how to earn some extra cash! There are hundreds of ways of generating additional income in your spare time from starting a small business from home, digital marketing and sales or MLM. I actually run a Facebook page called home based business ideas. If you’re not incli...

Welcome to Money Tips Daily. A Penny Saved is a Penny Earned is a saying attributed to Benjamin Franklin, although what he actually wrote was “a penny saved is two pence clear”. We get the picture, saving a penny is as valuable as going out and earning the same amount. Is that still true? Well, yes and no. In Franklin’s day, there was probably no direct income tax, but nowadays to receive a penny...

Money Tips Daily Your Inner World Reflects Your Outer World.

Hello and welcome to Money Tips Daily. In the last few days we’ve looked at reviewing your utility and mobile providers and staying on top of your taxes. Today, I want to talk accumulating money and the philosophy of money, more importantly YOUR philosophy of money. Respect money and it will respect you. The author and speaker Joe Vitale, who was featured in the movie The Secret, says, “Money has...

Hello and welcome to another edition of money tips daily. Keep on top of your taxes and claim all your tax free allowances. Staying on top of your tax returns, declaring, claiming back, keeping records and all those forms can be a challenge even if you have an accountant. It requires consistent, regular work just like looking after the weeds in your garden. Leave it for too long and the weeds will...

Welcome to another edition of money tips daily. In the last couple of shows we talked about reviewing your mortgage and utility payments. Before we move on to other money tips, I wanted to briefly touch on mobile phone or cell phone contracts. When I lived at home with my parents many years ago, we used to have one landline phone and the quarterly bill was less than my monthly mobile phone bill! N...

Money Tips Daily shows you how you can save hundreds of pounds on your utilities and explains why loyalty does not always pay. By simply using free comparison sites you can save hundreds and even thousands of pounds on bills which are not only a major source of expenditure, but cannot be avoided. Listen to the short episode from Money Tips Daily.

Reviewing your mortgage lender and switching to cheaper rates could save you thousands of pounds. This week the governor of the Bank of England, Mark Carney, hinted that interest rates could rise sooner rather than later. We have enjoyed low interest rates for 10 years and this is unlikely to continue. Now is the time to review your mortgage and if necessary switch to a fixed rate before interest...

Money Tips Daily - Interest Rates Set to Rise So Review Your Mortgage Deal NOW!