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

By Charles Kelly Business CoachBusiness

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

March 03, 2024 Money Tips 365 Day 2 – Save
Money Tips 365 Day 2 – Save

It’s not how much you earn that counts, it’s how much you keep that makes you wealthy.

The average person can build wealth without a high income, but you cannot build wealth without a high savings rate.

We cannot easily control the return on investment, but we can easily control our rate of savings.

I’ve known many clients on average incomes become
wealthy, but many more on high incomes end up broke.

Get into the habit of living on a percentage of your income for life’s essentials, and saving and investing the rest to build
wealth.

The wealth that you accumulate through your savings
efforts will be what is left over after you’ve spent the rest on living.

Join my Money Tips 365 Supporters Club on Spotify: -
⁠https://podcasters.spotify.com/pod/show/charles-kelly/subscribe⁠

5 min
March 02, 2024 Money Tips 365 Supporters Day 1 – Live Within Your Means
Money Tips 365 Day 1 – Live Within
Your Means

Starting March 2024, each day I will be recording a
short daily money tip - each day for 365 days.

You’ll be able to find these tips,
wherever you listen to your podcast, as well as my YouTube channel Charles
Kelly money tips podcast.

This episode is exclusive, more in
depth exclusive content for my supporters on Spotify.

Live within your means.

The fastest way to go broke is to
spend money you don’t have, buying things you don’t need, to impress people you
don’t like and who don’t give a damn about you!

Look, I get it! We live in a
consumer led economy where big business and the government need us to spend
money to grow the GDP. But that doesn’t mean you have to spend money you don’t
have.

When singer Rihanna almost went
bankrupt, after earning millions and then spending it, she sued her financial
advisor who responded:

“Was it really necessary to tell
her that if you spend money on things, you will end up with the things and not
the money”.

Yes!

Are you converting your wealth or
potential wealth for things?

Do you want to be a millionaire or just spend a million?

If you don’t live within your means and start saving, you’ll always be short of money or broke.

Exercises for today

Think about how much money you are spending on things and ‘stuff’ which depreciate in value as soon as you buy them.

How much money are you wasting?

Add it up over a month and a then a year. Now multiply that figure by 5, 10 and 20 years.

Start keeping a diary or a spreadsheet detailing exactly where your money is going. You will be amazed at
how much money you could be saving instead of spending.

You should be aiming to live on a
percentage of your income and save and invest the rest. That’s what wealthy
people do. Poor people spend first and try to say what’s left over.

I will be returning to this theme
again.

In future episodes, we are going to start looking at
what you could’ve done with that money in and how it could’ve made you wealthier and happier than the quick fix of consumer goods.

9 min
March 02, 2024 Money Tips 365 Supporters Day 1 – Live Within Your Means
Money Tips 365 Day 1 – Live Within Your Means

Starting March 2024, each day I will be recording a short
daily money tip - each day for 365 days.

You’ll be able to find these tips, wherever you listen to your
podcast, as well as my YouTube channel Charles Kelly money tips podcast.

This episode is exclusive, more in depth exclusive content for my supporters on Spotify.

Live within your means.

The fastest way to go broke is to spend money you don’t
have, buying things you don’t need, to impress people you don’t like and who don’t give a damn about you!

Look, I get it! We live in a consumer led economy where big
business and the government need us to spend money to grow the GDP. But that doesn’t mean you have to spend money you don’t have.

When singer Rihanna almost went bankrupt, after earning
millions and then spending it, she sued her financial advisor who responded:

“Was it really necessary to tell her that if you spend money
on things, you will end up with the things and not the money”.

Yes!

Are you converting your wealth or potential wealth for
things?

Do you want to be a millionaire or just spend a million?

If you don’t live within your means and start saving, you’ll
always be short of money or broke.

Join my Money Tips 365 Supporters Club on Spotify: -
https://podcasters.spotify.com/pod/show/charles-kelly/subscribe

Exercises for today

Think about how much money you are spending on things and
‘stuff’ which depreciate in value as soon as you buy them.

How much money are you wasting?

Add it up over a month and a then a year. Now multiply that
figure by 5, 10 and 20 years.

Start keeping a diary or a spreadsheet detailing exactly
where your money is going. You will be amazed at how much money you could be saving instead of spending.

You should be aiming to live on a percentage of your income
and save and invest the rest. That’s what wealthy people do. Poor people spend first and try to say what’s left over.

I will be returning to this theme again.

In future episodes, we are going to start looking at what
you could’ve done with that money in and how it could’ve made you wealthier and happier than the quick fix of consumer goods.
9 min
March 02, 2024 Money Tips 365 Day 1 – Live Within Your Means
Money Tips 365 - Day 1 – Live Within Your Means
Starting March 2024, I will be recording a short
daily money tip - each day for 365 days.

You’ll be able to find these tips, wherever you listen to your
podcast, as well as my YouTube channel Charles Kelly money tips podcast.

For those of you who want more in depth exclusive content, I
will also be producing a more detailed money tip for my paid supporter subscribers on Spotify.

For just £4.99 per month you can access exclusive content
for my Money Tips supporters.

You can register to become a supporter on my Spotify
channel clickig the link:
⁠⁠https://podcasters.spotify.com/pod/show/charles-kelly/subscribe⁠⁠⁠
Day 1 - Live within your means.

Join my supporters for more detailed exclusive content -
https://podcasters.spotify.com/pod/show/charles-kelly/subscribe⁠⁠⁠⁠

3 min
March 02, 2024 Money Tips 365 Day 1 - Live Within Your Means
Money Tips 365 - Day 1 – Live Within Your Means
Starting March 2024, I will be recording a short
daily money tip - each day for 365 days.

You’ll be able to find these tips, wherever you listen to your
podcast, as well as my YouTube channel Charles Kelly money tips podcast.

For those of you who want more in depth exclusive content, I
will also be producing a more detailed money tip for my paid supporter subscribers on Spotify.

For just £4.99 per month you can access exclusive content
for my Money Tips supporters.

You can register to become a supporter on my Spotify
channel clickig the link:
⁠https://podcasters.spotify.com/pod/show/charles-kelly/subscribe⁠⁠
Day 1 - Live within your means.

Join my Money Tips 365 Supporters Club on Spotify: -
⁠https://podcasters.spotify.com/pod/show/charles-kelly/subscribe⁠

3 min
March 01, 2024 Smart Money Invests In ASSETS Such As Gold, Silver, Stocks and Property
Smart Money Going Into Assets, Such As Gold and Silver,
Stocks and Property, not leaving their money in the bank.
Join me online on my free live money management training
Wednesday at 8.00PM. Register now ⁠https://bit.ly/3QPp8IH⁠
In the ever-evolving landscape of investment opportunities,
the age-old appeal of precious metals like gold and silver remains steadfast.
Investors are often confronted with a myriad of choices, ranging from the
digital allure of cryptocurrencies to the stability of stocks and the
tangibility of real estate.
Watch video version - https://youtu.be/KYP1OGVhdMQ
Before making any investment decisions, make sure you are
financially educated ad informed, as well as taking independent financial
advice.
Where to find me: Money Tips website:
https://moneytipsdaily.com/ YouTube Channel:
https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg Money Tips Facebook
Community: https://www.facebook.com/groups/No1businessopportunities LinkedIn:
www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2 For a free gold,
investment report, and Discovery Call, click here -
https://pure-gold.co/charles-kelly Section 24 See also: – Transfer Property
Into A Limited Company Without Paying CGT or Stamp Duty ⁠https://youtu.be/mtGq7WaVxLA ⁠
Join me online on my free live money management training
Wednesday at 8.00PM.
Places are limited, so register now below to avoid
disappointment. ⁠https://bit.ly/3QPp8IH⁠ #money

#stockmarket #gold #silver #inflation #money #propertyprices
#rent #generationrent #investing
6 min
February 23, 2024 Section 24 Tax Hike Solutions Revealed By Property Accountant
Interview with Chartered Accountant and property tax
specialist who reveals options and solutions to move your properties from your
own name into a limited company or LLP whilst mitigating the potential HMRC
pitfalls.
Email [email protected]
for a free consultation on how to deal with Section 24.
Watch video now: https://youtu.be/aMuGs_ek17s
In this 45 minute interview we discuss:
·
What is Section 24 and when did George Osbourne
introduce this tax hike on landlords?
·
6 options available to landlords with buy-to-let
properties in their own name
·
What is classed as a property business and
property partnership?
·
Ramsay v HMRC (2013) case explained
·
Incorporation Relief, Stamp Duty, CGT (Capital
Gains tax) and much more…
Over 29,000 people signed a petition calling on the
government to reverse this unfair tax o landlords to no avail.
Find out what you can do in this video.
Email [email protected]
for a free consultation on how to deal with Section 24.

#buytoletlandlord #propertyinvestment #section24tax
#georgeosborne #financialfreedom #FinancialEquality #FinancialIndependence #money
#MoneyManagement #FinancialEducation #SecureYourFuture #TakeControl
#FinancialWellBeing #BridgeTheDivide #EqualityInFinance #economy #recession
#section24 #section21 #IncorporationRelief #SDLT #StampDuty #CGT #ramsayvHMRC #buytoletproperty
#buytoletlandlord
39 min
February 23, 2024 Section 24 Tax Hike Solutions Revealed By Property Accountant
Interview with Chartered Accountant and property tax
specialist who reveals options and solutions to move your properties from your
own name into a limited company or LLP whilst mitigating the potential HMRC
pitfalls.
Email [email protected]
for a free consultation on how to deal with Section 24.
Watch video now: https://youtu.be/aMuGs_ek17s
In this 45 minute interview we discuss:
·
What is Section 24 and when did George Osbourne
introduce this tax hike on landlords?
·
6 options available to landlords with buy-to-let
properties in their own name
·
What is classed as a property business and
property partnership?
·
Ramsay v HMRC (2013) case explained
·
Incorporation Relief, Stamp Duty, CGT (Capital
Gains tax) and much more…
Over 29,000 people signed a petition calling on the
government to reverse this unfair tax o landlords to no avail.
Find out what you can do in this video.
Email [email protected]
for a free consultation on how to deal with Section 24.

#buytoletlandlord #propertyinvestment #section24tax
#georgeosborne #financialfreedom #FinancialEquality #FinancialIndependence #money
#MoneyManagement #FinancialEducation #SecureYourFuture #TakeControl
#FinancialWellBeing #BridgeTheDivide #EqualityInFinance #economy #recession
#section24 #section21 #IncorporationRelief #SDLT #StampDuty #CGT #ramsayvHMRC #buytoletproperty
#buytoletlandlord
39 min
February 15, 2024 UK In Recession As Economy Shrinks Again
UK In Recession As Economy Shrinks Again
The UK is officially in recession after negative growth of -0.3%
in the last two quarters of 2023.
The economy barely grew last year by 0.1% following
inflation, cost of living crisis and high interest rates.
Inflation remained at 4% this month prompting hopes of a cut
in interest rates in March or April.
The government borrowed £7.8 billion in December and the
national debt stands at £2.7 trillion and 97% of GDP.
UK house prices rose in January according to the Halifax,
but ONS figures a small fall in England.
Watch video version - https://youtu.be/baA4SoLPaLk
Financial Education
In my upcoming free live money
training session this Wednesday at 8:00 PM, we'll delve into the factors
contributing to the gender pension pay gap and explore actionable strategies to
bridge this divide.
By attending, you'll gain valuable insights into:
1. Understanding the root causes of the gender pension pay
gap.
2. Navigating career breaks and their impact on retirement
savings.
3. Investing smartly to maximize your pension fund growth.
4. Overcoming financial challenges unique to women.
5. Empowering yourself to achieve financial freedom and
security.
But that's not all! When you register for the session,
you'll also gain access to my free newsletter, delivering regular updates and
tips to help you stay informed and in control of your finances.
Seize this opportunity to take charge of your financial
well-being. Don't let the gender pension pay gap dictate your future. Join me
this Wednesday and embark on the path to financial empowerment!
Register now to secure your spot: https://bit.ly/3QPp8IH⁠
Additionally, check out this informative video on managing
your money effectively: https://youtu.be/XDkF9LSpQgk
Together, let's strive towards closing the gender pension
gap and creating a more equitable financial landscape for all.
Join me online on my free live money training Wednesday at
8.00PM. Register now below to book your seat and get regular money updates
through my free newsletter. ⁠https://bit.ly/3QPp8IH⁠
What can you do to manage your money and become financially
free?
Watch video - https://youtu.be/XDkF9LSpQgk
Buy-to-Let Alternative To Pension Plans
Buy-to-Let investors pension plans devasted by George
Osborne’s Section 24 landlord tax hike.
See: – Transfer Property Into A Limited Company Without
Paying CGT or Stamp Duty t offset Sec 24. ⁠https://youtu.be/mtGq7WaVxLA
⁠
Where to find me:
Money Tips website:
https://moneytipsdaily.com/
YouTube Channel:
https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg
Money Tips
Facebook Community: https://www.facebook.com/groups/No1businessopportunities
LinkedIn:
www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2
For a free gold, investment report, and Discovery Call,
click here (https://pure-gold.co/charles-kelly)

Join me online on my free live money management training
Wednesday at 8.00PM.
Places are limited, so register now below to book your seat
and get regular money updates through my free newsletter.
⁠https://bit.ly/3QPp8IH⁠
#buytoletlandlord #propertyinvestment #section24tax
#georgeosborne #financialfreedom #FinancialEquality #FinancialIndependence
#ClosingTheGap #money #MoneyManagement
#FinancialEducation #SecureYourFuture #TakeControl #FinancialWellBeing
#BridgeTheDivide #EqualityInFinance #economy #recession #section24 #section21
19 min
February 15, 2024 UK In Recession As Economy Shrinks Again
UK In Recession As Economy Shrinks Again
The UK is officially in recession after negative growth of -0.3%
in the last two quarters of 2023.
The economy barely grew last year by 0.1% following
inflation, cost of living crisis and high interest rates.
Inflation remained at 4% this month prompting hopes of a cut
in interest rates in March or April.
The government borrowed £7.8 billion in December and the
national debt stands at £2.7 trillion and 97% of GDP.
UK house prices rose in January according to the Halifax,
but ONS figures a small fall in England.
Watch video version - https://youtu.be/baA4SoLPaLk
Financial Education
In my upcoming free live money
training session this Wednesday at 8:00 PM, we'll delve into the factors
contributing to the gender pension pay gap and explore actionable strategies to
bridge this divide.
By attending, you'll gain valuable insights into:
1. Understanding the root causes of the gender pension pay
gap.
2. Navigating career breaks and their impact on retirement
savings.
3. Investing smartly to maximize your pension fund growth.
4. Overcoming financial challenges unique to women.
5. Empowering yourself to achieve financial freedom and
security.
But that's not all! When you register for the session,
you'll also gain access to my free newsletter, delivering regular updates and
tips to help you stay informed and in control of your finances.
Seize this opportunity to take charge of your financial
well-being. Don't let the gender pension pay gap dictate your future. Join me
this Wednesday and embark on the path to financial empowerment!
Register now to secure your spot: https://bit.ly/3QPp8IH⁠
Additionally, check out this informative video on managing
your money effectively: https://youtu.be/XDkF9LSpQgk
Together, let's strive towards closing the gender pension
gap and creating a more equitable financial landscape for all.
Join me online on my free live money training Wednesday at
8.00PM. Register now below to book your seat and get regular money updates
through my free newsletter. ⁠https://bit.ly/3QPp8IH⁠
What can you do to manage your money and become financially
free?
Watch video - https://youtu.be/XDkF9LSpQgk
Buy-to-Let Alternative To Pension Plans
Buy-to-Let investors pension plans devasted by George
Osborne’s Section 24 landlord tax hike.
See: – Transfer Property Into A Limited Company Without
Paying CGT or Stamp Duty t offset Sec 24. ⁠https://youtu.be/mtGq7WaVxLA
⁠
Where to find me:
Money Tips website:
https://moneytipsdaily.com/
YouTube Channel:
https://www.youtube.com/channel/UC2tLUxod264Qy0gPntvx6Eg
Money Tips
Facebook Community: https://www.facebook.com/groups/No1businessopportunities
LinkedIn:
www.linkedin.com/in/charles-kelly-ba-cmgr-fcmi-b5300a2
For a free gold, investment report, and Discovery Call,
click here (https://pure-gold.co/charles-kelly)

Join me online on my free live money management training
Wednesday at 8.00PM.
Places are limited, so register now below to book your seat
and get regular money updates through my free newsletter.
⁠https://bit.ly/3QPp8IH⁠
#buytoletlandlord #propertyinvestment #section24tax
#georgeosborne #financialfreedom #FinancialEquality #FinancialIndependence
#ClosingTheGap #money #MoneyManagement
#FinancialEducation #SecureYourFuture #TakeControl #FinancialWellBeing
#BridgeTheDivide #EqualityInFinance #economy #recession #section24 #section21
19 min