The Money Podcast

Is Saving a Scam?


Listen Later

Rob talks to Kane about whether saving accounts are a scam and the wider questions about bank accounts and savings. Rob gives the negatives to saving in today’s economic climate and gives alternative ways to make your money work for you.

 

KEY TAKEAWAYS

  • Saving money loses your money but many people don’t realise this because it happens slowly.
  • Historically you get less in interest than inflation which means saving always loses money in the long term.
  • Rule number one in making money is beating inflation.
  • The banks are some of the best marketers in the world! 

BEST MOMENTS

"Is savings a scam?”

“Savers are losers”

“You have to beat inflation”

 "Cash is the lowest form of investment"

VALUABLE RESOURCES

https://robmoore.com/

bit.ly/Robsupporter  

https://robmoore.com/podbooks

rob.team

ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

“If you don't risk anything, you risk everything”

CONTACT METHOD

Rob’s official website: https://robmoore.com/ 

Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

LinkedIn: https://uk.linkedin.com/in/robmoore1979

 

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

The Money PodcastBy Rob Moore

  • 5
  • 5
  • 5
  • 5
  • 5

5

17 ratings


More shows like The Money Podcast

View all
The Meaningful Money Personal Finance Podcast by Pete Matthew

The Meaningful Money Personal Finance Podcast

89 Listeners

The Property Podcast by Rob Bence and Rob Dix from The Property Hub

The Property Podcast

61 Listeners

The Money To The Masses Podcast by Damien Fahy

The Money To The Masses Podcast

13 Listeners

This is Money Podcast by This is Money

This is Money Podcast

37 Listeners

Disruptors by Rob Moore

Disruptors

112 Listeners

Mark My Words by Mark Homer

Mark My Words

2 Listeners

The Progressive Property Podcast by Kevin McDonnell

The Progressive Property Podcast

4 Listeners

Cash Chats UK Money & Personal Finance podcast by Andy Webb

Cash Chats UK Money & Personal Finance podcast

10 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

7,658 Listeners

AJ Bell Money & Markets by AJ Bell

AJ Bell Money & Markets

11 Listeners

James Sinclair's Business Broadcast by James Sinclair

James Sinclair's Business Broadcast

3 Listeners

The High Performance Podcast by High Performance

The High Performance Podcast

622 Listeners

Simon Says by Simon Squibb

Simon Says

18 Listeners

Many Happy Returns by PensionCraft

Many Happy Returns

37 Listeners

Making Money by Damien Jordan & Timeyin Akerele from Most

Making Money

8 Listeners