The Finance Geeks Podcast

Episode 003: Level Up Your Finances - Mastering the Art of Budgeting and Cash Flow


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Calling all financial adventurers! Get ready to slay the debt dragon and conquer your financial fortress with Paul Cleworth and Warren Shute. Join us on this epic quest to master the art of saving and avoiding the traps of impulsive spending.

We'll uncover the secret formula for success (no magic potions needed!), exploring the legendary 50/30/20 rule and the hidden treasures of Compound Interest.

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Chapters:

0:00 - Intro

9:09 - Hot off the press
16:40 - The focal point: How much could you save? budgeting, cashflow and getting the balance right
59:46 - Two Pennies Worth
1:10:46 - Quotes & Anecdotes

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Podcast Reference Links: 

Uk Fell into recession

https://www.bbc.co.uk/news/live/business-68297420

Red Sea Crisis

https://www.bbc.co.uk/news/uk-england-hampshire-68294622

Steve Wright

https://www.bbc.co.uk/news/entertainment-arts-68292724

Finance Act 2023

https://www.legislation.gov.uk/ukpga/2023/1

Budget March 2024

https://www.bbc.co.uk/news/uk-politics-68159003

The Calculator Site

https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php

Budget Planning PDF

https://tandemfinancial.co.uk/wp-content/uploads/2022/05/Budget_Planning_Factsheet.pdf

EOY Tax Guide

https://www.dropbox.com/scl/fi/vbf2cirq8aj42kibe65j2/Tandem-Tax-Guide-2024_01.pdf?rlkey=hqu88aw7tjl607lfhv7d12v6y&dl=0

Use this Spreadsheet for cashflow and BTLs

https://tandemfinancial.co.uk/wp-content/uploads/2022/05/CashFlow__BTL_Spreadsheet.xlsx

Pay Yourself First!

https://www.investopedia.com/terms/p/payyourselffirst.asp

Article on Time, Money and Health.

https://tandemfinancial.co.uk/tandem-thinking/time-money-and-health-achieving-balance-at-each-life-stage/

Article on Investment Risk, Myths and misconceptions. Differences between Saving and Investing.

https://tandemfinancial.co.uk/tandem-thinking/investment-risk-5-common-myths-and-misconceptions/

The 50/30/20 Budget Rule

https://www.investopedia.com/ask/answers/022916/what-502030-budget-rule.asp

Park Run

https://www.parkrun.org.uk/

Josh & Gabby Butten

https://www.boosst.financial/

Brett Davidson

https://fpadvance.com/

The Money Plan (Book)

https://www.amazon.co.uk/Money-Plan-Warren-Shute/

The Number (Book)

https://amzn.eu/d/eSlu3V7

Die With Zero (Book)

https://amzn.eu/d/eSlu3V7

Lumi Light (Gadget)

https://amzn.eu/d/gMttENn

Lumi Alarm (Gadget)

https://amzn.eu/d/9lJXqvN

Build Your Stax (App)

https://buildyourstax.com/

Blackberry (Film)

https://www.blackberrymovie.com/

Feel Good Productivity (Audiobook)

https://amzn.eu/d/hvdyNuc

Ali Abdaal’s website

https://www.feelgoodproductivity.com/

Curve (App)

https://curve.com/en-gb/how-it-works

 

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The Finance Geeks PodcastBy thefinancegeekspodcast