Money Tips Podcast

Brexit Property Effect – Invest or Wait? By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.   In this episode: Brexit Effect Wait or Invest Is this a flip market? Are we due for a correction? Long term investment – get rich long, not get rich quick. Education is the key.   If you’d like more information on how to acquire wealth buildi...

In this episode: UK Prime Minister Boris Johnson has agreed a Brexit deal with the European Union, but has yet to convince Parliament to ratify it when they sit on Saturday. This comes after we were previously told that the EU would not change the previous deal on offer and that there would be no further negotiation. The lesson here is that when you enter into any negotiation, you should negotiate...

30 Years of Worldwide Web has changed everything. Is it destroying the High Street? Worldwide web inventor Tim Berners-Lee inventor has called for more control of the internet, which has changed everything in the last 30 years. We can now self-publish articles, books, videos, live broadcasts and podcasts online. We can buy, trade and sell online, which is destroying the high street as we know it....

Why Pizza Express and Thomas Cook went bust – A tale of two fallen high street outlets By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast Word of the Day Leveraged Buyout A leveraged buyout (LBO) is the acquisition of another company using a significant amount of borrowed money to meet the cost of acquisition. The assets of t...

5 Ways A Stock Market Crash Can Hurt You Even If You Don’t Invest In Shares What does the stock market crash into me when I don’t invest in shares? A lot of people will be saying that they fall in the share prices of the world stock markets will make no difference to them, because they don’t invest in shares. However, the value of the world’s largest companies indirectly affects everyone on the pl...

The fascinating Nile Rodgers story shows that not all wealthy and successful people are solely motivated by making and holding onto money.   It’s a common misconception that all rich people are greedy, money grabbing, only motivated by making money and hoard and keep all their cash to themselves.    I’ve studied the lives thousands of wealthy and successful men and women, and personally know many...

Jamie Oliver lost £25m trying to rescue restaurant chain but what has he learned from failure?   A lot of authors and motivational focus on successful people like Richard Branson, Steve Jobs and Warren Buffett. They talk about copying the habits of successful people, learning from successful people and that’s all fine.   But you can also learn from failure. You can learn from bad habits as well as...

5 Traits of the Rich Vs Poor   By Charles Kelly, Property Problem Solver, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast   I spent years researching my book, Yes, Money Can Buy You Happiness, because I wanted to find out why some people are rich and others are poor.   What I discovered is that having wealth has little to do with how hard people work, since millions of...

If you’re planning your holidays this year, make sure you have adequate travel insurance. Ignoring this advice could bankrupt you or leave you with a huge bill. What is travel insurance? Travel insurance covers things like medical expenses, trip cancellation or delays, lost or stolen baggage and personal liability while you’re travelling. The type of cover you need depends on the countries you’re...

Preparing for and thriving in a recession Pension scams cost Brits 4 billion a year and could be the next big financial scandal according to the Sun. Problems started a few years ago after the then Chancellor George Osborne changed the rules to allow savers to access 25% of their pension pots tax-free from the age of 55. Thousands of people have since been scammed out of their money or made poor i...

People booking package holidays, as opposed to flight only deals, are covered by the ATOL protection scheme. About ATOL The law says your holiday must be protected if it is a package holiday. ATOL (which stands for Air Travel Organiser’s Licence) is a UK financial protection scheme and it protects most air package holidays sold by travel businesses that are based in the UK.   The scheme also appli...

A recent report explains how the UK government is planning to expand its dormant accounts scheme to include some pensions, shares, and bonds, and take our money and donate billions of pounds to charity, according to Hargreaves Lansdowne. The scheme will eventually mirror the dormant account scheme where the provider hasn’t been able to get in touch with the investor for at least 12 years, and ther...

Whatever may be said in praise of poverty, the fact remains that it is not possible to live a really complete or successful life unless one is rich. No man can rise to his greatest possible height in talent or soul development unless he has plenty of money; for to unfold the soul and to develop talent he must have many things to use, and he cannot have these things unless he has money to buy them...

10 tips on how to survive and thrive in a recession   In the last episode we covered the inverted yield curve, which is a sign of a pending recession. In this Money Tips episode, I want to cover surviving and even thriving during a recession, as sooner or later, one always comes.   Prepare for a recession because one always comes sooner or later. Economies of the world will always have their ups a...

Should you be bothered about the US inverted yield curve and what is it? When the yield on a 10-year US Treasury Bond falls below three-month government debt it signifies a recession is on the way. The gap between three month and ten-year yields has been negative before every American recession in the past 50 years according to the Financial Times. The news comes as the troubled Deutsche Bank anno...

Motorists and most small businesses are required to have public or third-party liability insurance, but most of us don’t think about protecting our personal liability until it’s too late.  You could lose everything if something goes wrong and you are sued for damages, such as a personal injury to a third party.  In a recent case reported in The Times, a cyclist knocked down a woman who walked into...

How much pocket money should parent s give to their children? Should they earn pocket money in return for chores? Teaching kids the value of money. Help your children to develop a positive money mindset from a young age, as it will have lasting benefits throughout their lives. If you are interested in developing and improving your money mindset, check out more on this subject in my book, Yes, Mone...

Longer term mortgages to help stretched first-time buyers on the rise. Barclays Family Springboard Mortgages explained. Watch your pension manager to ensure you are not losing out in poor performing funds. Will you be able to retire?

More P2P lenders losing investor’s money and in trouble, as FCA impose restrictions. One scheme issued funds before planning permission was granted and the deal is now in default. Find out how you can learn how to do your own deals from professional trainers, rather than putting your cash into the hands of others. Property investment is not just about buy-to-let or becoming a landlord. There are d...

This simple, 4 step process will help you stay on top of things and feel better about yourself whatever the outcome. Do you find yourself feeling overwhelmed by endless to do lists and a tray full of things to sort out? If the answer to this question is, yes, join the club! Most of us have been there! I want to give you a quick 4-step process to help you get more organised and, more importantly, f...

Is the welfare state system broken, and if so, what are you going to do to fund your retirement and pay for elderly care? When I was growing up in London there were different waves of migrants coming into the country. Many members of my extended family were coming over on the boat from Ireland, where there was little opportunity and widespread poverty. I also went to school with many first-generat...

World markets tumble as inverted yield curve signals a recession. Prepare for recession by eliminating the habit of spending and living off bad debt. Keep an emergency savings cash buffer of at least six moths worth of outgoings. If you’re starting a new business, I would advise againts renting a shop in the High Street or signing leases for offices. If you must have an office, rent one of the man...

20 Key Skills to Include in Your CV You only have one chance to make a good first impression, so brush up your CV and job prospects with these Money Tips.

Facebook’s New Libra Currency Sends Shivers Through The Banking World You may have read that Facebook is to launch a cryptocurrency, which is already creating a stir among world central bankers and G7 leaders.   This is not just a remittance service sending money via a smartphone, but a new currency. However, some cryptocurrency purists could argue that Facebook’s new digital coin, Libra, is not a...

London Property Prices Falling at Fastest Rate Since 2008/2009 Financial Crisis   Should we be worried? Check out my latest Money Tips Podcast to find out more.