Money Tips Podcast

In this Money Tips Podcast episode: You don’t need a shop or even a physical premises to start a business! EU economy in crisis, shrinking at fastest rate ever as stimulus announced Would you like to have your own podcast but don’t know how to start? See also - 10 things you can do to thrive during Covid 19 isolation Find out how you can join the Podcast revolution - https://bit.ly/2KWNgs5 Can you...

The UK government will this year inject an unprecedented £300 billion of financial aid into the economy in order to stave off the worst recession in 300 years. Rishi Sunak’s moves to retain as many jobs as possible have not been supported by large retailers, such as John Lewis and Boots Chemists, which have announced plans to lay off 5000 workers, despite the £1,000 per worker job retention bonus....

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. In this Money Tips Podcast episode:   Threats are always on the horizon for us, companies and countries S.W.O.T. Strengths, weaknesses, opportunities and threats Have you carried out your own S.W.O.T. Analysis? What is your disaster management plan? Learn about investing in property b...

We live in the richest time in all history. Poor – statements  I can’t afford it I can’t do that I haven’t got time Rich - questions How can I afford it?  How can I do that?  How can I find the time? The statements close your mind, the questions open your mind! The poor think differently from the rich. This sounds like a corny old cliché but in my personal experience, of seeing life from both side...

Quick Money Tip - Check Your Travel Insurance Before You Book Your Holiday In this Money Tips Podcast episode: Holidaymakers given some relief on quarantine measures Air corridors: USA, Sweden, Portugal and Philippines not on list Will you get a refund if you have to cancel due to quarantine restrictions? Thousands of travellers still awaiting refunds from Ryanair and budget airlines Does your pol...

In this Money Tips Podcast episode: New body to be created with powers to ban rogue developers from building new houses Compensation will be available to those stuck in "shoddy" new-builds Why aren’t ALL builders regulated and controlled? Watch out for new build dodgy leases and charges The Home Builders Federation's (HBF) report a rise in the percentage of customers reporting snags from 93% in 20...

By Charles Kelly, Property Investor, former IFA, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. In this episode: The things the rich do that the poor do not In my 25 years in financial services advising thousands of clients, these are the things that I have observed that the rich and successful people, which the poor neglect to do. Word of the Day Disaster Recovery D...

I was a financial adviser for 25 years working for banks, insurance companies and in my own IFA practice. I am also the author of the book, Yes, Money Can Buy You Happiness.   For the average person who has a small lump sum or monthly amount of cash to invest there are a number of investment vehicles from which to choose. Here is a basic list of products available to the average investor.   Deposi...

By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. In this Money Tips Podcast episode: 25% Bonus added to monthly contribution up to maximum £4000 per year Can be used for first time residential property purchase or for retirement Lifetime ISA (LISA) available between ages 18 to 40 Always seek independent financial advice Ca...

In this Money Tips Podcast episode:   Nationwide cuts lending in fear of negative equity in a falling market Bigger deposits required from borrowers to cover future price drops  Maximum LTV Loan to Value cut from 95% - 85% for First Time Buyers  Brokers report tightening mortgage lending as banks become cautious Numbers claiming work-related or unemployment benefits up 126% to 2.8 million Economis...

What would you do with £1 million?  What would you do with £1 billion or one thousand times a million? How about £100 billion? The Bank's Monetary Policy Committee (MPC) voted to pump £100 billion into the system days after governor Andrew Bailey said policymakers were ready to take action after the economy suffered its biggest monthly fall -20.4% - on record in April.  The UK central bank also vo...

By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast In this episode: Buyers of new build houses may be shocked to find that their freehold contains up to a dozen restrictive covenants, including needing to ask for permission carry out work on their own house. Word of the Day Covenant A legally binding agreement to pay a sum of...

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. In this Money Tips Podcast episode:   This simple tip will save you money and help the environment! UK to ban new petrol and diesel cars from 2035, but is that the only answer? Learn about investing in property before buying anything!   Can you afford to retire? Millions of people, or...

The incredible story of how Colonel Tom Parker facilitated the buyout of Elvis Presley’s contract when he was a broke salesman with little industry experience or connections.   In 1955, the mysterious Parker asked record producer and label owner Sam Phillips whether he would sell Elvis and Sam Phillips said he would “if the price was right”. He said a price of $35,000 for the contract which he tho...

With all of the technology and mechanisation of household chores, we actually have more leisure and free time than ever before, so why is it that we are always so “busy”? In this Money Tips Podcast episode: How many hours are there in a week? How many hours do you spend at work? How many hours do you spend sleeping? How many hours do you have free? How many hours do you spend on social media or wa...

UK House prices fell by 1.7% in May from the April 2020, the biggest “monthly fall for 11 years”, leading mortgage lender Nationwide reports. The annual growth in house prices also halved from 3.7% to 1.8%, as the coronavirus crisis hammered market activity. HMRC data revealed that residential property transactions fell 53% in April compared with 2019. "The medium-term outlook for the housing mark...

By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. In this Money Tips Podcast episode:   Beware, as not all freeholds are the same and some may be un-mortgageable Always use a solicitor, especially when buying at auction, to check title New build freehold properties may include an onerous ‘rentcharge’ Management companies ca...

By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. The Universities Minister laid down a warning to a summit of student-accommodation providers to sort out the "awful and disappointing" problems that have seen more than 20 student housing schemes not completed on time, the BBC reports. In an unprecedented move, Chris Skidmor...

By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. In this Money Tips Podcast episode:   Quick sale ‘property rescue’ agents under scrutiny by Trading Standards Be careful when selling your property “fast” as you will get a lower price Estate Agents should be a regulated market as it is in America UK awards 5G contract to Hu...

UK property sales hit record low in April, but market shows signs of recent activity Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period....

Is this statement made by an American politician accurate? By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. In this Money Tips Podcast episode: Do billionaires make their money paying “slave wages”, as per Alexandria Ocasio-Cortez? Bill Gates and Henry Ford paid higher than average wages and made a lot of people rich The r...

The number of people claiming unemployment benefit has soared by 856,500 to over 2 million months, according to figures released by the Office for National Statistics (ONS), after the UK had recorded record numbers of people in work. Add this to over 6 million on furlough and 2 million self-employed claiming the bounce back loan or other support programmes we now have 10 million economically inact...

With leaders driving the economy into almost certain depression by shutting down their country’s economies, you’d be forgiven for believing in the Coronavirus conspiracy theorists, like David Icke, that this is a deliberate plan to destroy the world order as we know it! Cash is King! By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast....