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

The average house price in the UK fell for the fourth month in a row in December as prices plummeted by 1.5% compared to November - the average house price is now £281,272, according to Halifax.

For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.

December's decline was not as high the 2.4% drop in November.

Annually, house prices grew by just 2% compared with December 2021 - down from 4.6% annual increase recorded in November – and the slowest rise since October 2019 when prices were going up by 1.1%.

See YouTube video on Charles Kelly Money Tips Podcast - https://youtu.be/BeGsYCvuLL8

Mortgage approvals unsurprisingly declined to their lowest level in two years as interest rate rises deterred buyers, new Bank of England figures find.

Mortgage approval lending slumped to just 46,000 in November, down from under 58,000 in October, the BOE reports.

Home-buyers and buy-to-let investors were put off by a massive rise in mortgage interest rates following a succession of base rate hikes designed to curb soaring inflation.

Rates have gone up nine times since December 2021 to 3.5%, the highest level in 14 years.

The average 5-year fixed rate mortgage rate recently reached just under 6% hitting 100,000 per month with higher payments of up to three times their previously deal.

Economists and experts have predicted that already depressed house prices could further fall by up anything from 10% to 20% in 2023.

Bank of England figures also reveal that people are borrowing more on credit cards - up by £1.2bn - as cost of living pressures continue to hammer household and business budgets.

Despite higher rates, householders increased mortgage borrowing against their homes by an additional £4.4bn in November.

UPDATE ON MTD

Good news for business. Making Tax Digital and quarterly reporting bureaucracy changes for self-employed will be postponed for two years until 2026, HMRC has announced.

See also:

See My UK Property Predictions For 2023 – Where Is The Housing And Rental Market Going?

Watch video on my YouTube channel - https://youtu.be/ekDrJUZ6pUg

Toronto Property Market Explained By Luc Lising One Of Canada’s Top Realtors  - Watch full video interview - https://youtu.be/lldv5gL1GaQ

What Are You Doing Today To Make Your Life Better Tomorrow?

Watch video version on my YouTube channel - https://youtu.be/G8_SKQgGisI

The UK Prime Minister Rishi Sunak wants to force children to study mathematics until 18, but they should be teaching them about finance, mortgages, investing and pensions.

For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.

#property #rentalmarket #finance #financialfreedom #freefinancialtraining #freetraining #money #wealth #landlord #buytoletlandlord #property #goals #plans #interestrates #mentor #canadapropertymarket #GTApropertymarket #torontoproperty #luclising #filipinocanadian #MTD #HMRX #Tax

Toronto Property Market Explained By Luc Lising One Of Canada’s Top Realtors

For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.

In this exclusive interview with 22-year-old Canadian-Filipino Luc covers:

· Why buying in a property downturn is the best time for opportunities.

· The advantages of buying off-plan new build condos in the GTA.

· Government ban foreign property investors.

· What you MUST do to be successful.

· The importance of having a mentor.

· Don’t meditate on work, just work!

· Simple businesses that work!

Watch full video interview - https://youtu.be/lldv5gL1GaQ

The UK housing market will shrink - but not necessarily crash - next year, industry experts agree, as the government fights recession and higher mortgage rates.

House prices have been dropping month-on-month with average prices down 2.3% in November from October – the most since the start of the financial crash in 2008 – according to Halifax.

See My UK Property Predictions For 2023 – Where Is The Housing And Rental Market Going?

Watch video on my YouTube channel - https://youtu.be/ekDrJUZ6pUg

#property #rentalmarket #finance #financialfreedom #freefinancialtraining #freetraining #money #wealth #landlord #buytoletlandlord #property #goals #plans #interestrates #mentor #canadapropertymarket #GTApropertymarket #torontoproperty #luclising #filipinocanadian

For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.

In this exclusive interview with 22-year-old Canadian-Filipino Luc covers:

· Why buying in a property downturn is the best time for opportunities.

· The advantages of buying off-plan new build condos in the GTA.

· Government ban foreign property investors.

· What you MUST do to be successful.

· The importance of having a mentor.

· Don’t meditate on work, just work!

· Simple businesses that work!

Watch full video interview - https://youtu.be/lldv5gL1GaQ

The UK housing market will shrink - but not necessarily crash - next year, industry experts agree, as the government fights recession and higher mortgage rates.

House prices have been dropping month-on-month with average prices down 2.3% in November from October – the most since the start of the financial crash in 2008 – according to Halifax.

See My UK Property Predictions For 2023 – Where Is The Housing And Rental Market Going?

Watch video on my YouTube channel - https://youtu.be/ekDrJUZ6pUg

#property #rentalmarket #finance #financialfreedom #freefinancialtraining #freetraining #money #wealth #landlord #buytoletlandlord #property #goals #plans #interestrates #mentor #canadapropertymarket #GTApropertymarket #torontoproperty #luclising #filipinocanadian

What Are You Doing Today To Make Your Life Better Tomorrow?

Hey! What have you been up to today?

For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.TWay training. Check it out for free - https://bit.ly/3isugCr.

In some countries today is a public holiday.

Are you relaxing or working on yourself, your dreams and goals for this new year?

We know that 2023 will bring some economic challenges: falling property prices, recession, higher interest rates and inflation.

But we humans are extremely adaptable and innovative – that’s how we’ve survived so long a species!

Watch videoversion on my YouTube channel - https://youtu.be/G8_SKQgGisI

Challenges bring opportunity to those who have the right mindset to see and act on them.

There will be many opportunities to make money in the property and stock market in the coming year.

There has never been a better time to launch a money-making side hustle or online business that could lead to you quitting the rat race.

You can also adapt and change to make 2023 your best year ever! - https://youtu.be/MtjrNNXHM5k

“Let 2023 bring out the greatness in me.”

Les Brown

We all have the potential within ourselves to be more, do more and live our lives to the full.

Reflection

· How was 2022 for you?

· Did you achieve your goals?

· What are your financial goals for 2023 and how do you plan to achieve them?

Thanks for your support, likes and comments. I wish you all a great new year!

For more tips and money-making ideas and coaching to help you this year, see Master Your Money the S.M.A.R.TWay training.

Check it out for free - https://bit.ly/3isugCr.

#property #rentalmarket #finance #financialfreedom #freefinancialtraining #freetraining #money #wealth #landlord #buytoletlandlord #property #goals #plans #interestrates

Hey! What have you been up to today?

For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.TWay training. Check it out for free - https://bit.ly/3isugCr.

In some countries today is a public holiday.

Are you relaxing or working on yourself, your dreams and goals for this new year?

We know that 2023 will bring some economic challenges: falling property prices, recession, higher interest rates and inflation.

But we humans are extremely adaptable and innovative – that’s how we’ve survived so long a species!

Watch videoversion on my YouTube channel - https://youtu.be/G8_SKQgGisI

Challenges bring opportunity to those who have the right mindset to see and act on them.

There will be many opportunities to make money in the property and stock market in the coming year.

There has never been a better time to launch a money-making side hustle or online business that could lead to you quitting the rat race.

You can also adapt and change to make 2023 your best year ever! - https://youtu.be/MtjrNNXHM5k

“Let 2023 bring out the greatness in me.”

Les Brown

We all have the potential within ourselves to be more, do more and live our lives to the full.

Reflection

· How was 2022 for you?

· Did you achieve your goals?

· What are your financial goals for 2023 and how do you plan to achieve them?

Thanks for your support, likes and comments. I wish you all a great new year!

For more tips and money-making ideas and coaching to help you this year, see Master Your Money the S.M.A.R.TWay training.

Check it out for free - https://bit.ly/3isugCr.

#property #rentalmarket #finance #financialfreedom #freefinancialtraining #freetraining #money #wealth #landlord #buytoletlandlord #property #goals #plans #interestrates

UK Property Predictions For 2023 – Where Is The Housing And Rental Market Going?

With some forecasters warning of somewhere between a depression and Armageddon, here are my thoughts on the UK housing market.

For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.TWay training. Check it out for free - https://bit.ly/3isugCr.

The UK housing market will shrink - but not necessarily crash - next year, industry experts agree, as the government fights recession and higher mortgage rates.

House prices have been dropping month-on-month with average prices down 2.3% in November from October – the most since the start of the financial crash in 2008 – according to Halifax.

Watch video on my YouTube channel - https://youtu.be/ekDrJUZ6pUg

Full notes at www.moneytipsdaily.com

Price growth will decline in 2023 as soaring inflation hits the economy and forces interest rates up.

As with all economic forecasts, much depends on government action and the prevailing winds of the economy, but more rests on your action in your U’conomy!

Your goals for 2023

· How was 2022 for you?

· Did you achieve your goals?

· What are your financial goals for 2023 and how do you plan to achieve them?

I wish you a happy and successful new year!

For more tips and money-making ideas and coaching see Master Your Money the S.M.A.R.T Way training.

Check it out for free - https://bit.ly/3isugCr.

UK Property Predictions For 2023 – Where Is The Housing And Rental Market Going?

With some forecasters warning of somewhere between a depression and Armageddon, here are my thoughts on the UK housing market.

For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.TWay training. Check it out for free - https://bit.ly/3isugCr.

The UK housing market will shrink - but not necessarily crash - next year, industry experts agree, as the government fights recession and higher mortgage rates.

House prices have been dropping month-on-month with average prices down 2.3% in November from October – the most since the start of the financial crash in 2008 – according to Halifax.

Watch video on my YouTube channel - https://youtu.be/ekDrJUZ6pUg

Full notes at www.moneytipsdaily.com

Price growth will decline in 2023 as soaring inflation hits the economy and forces interest rates up.

As with all economic forecasts, much depends on government action and the prevailing winds of the economy, but more rests on your action in your U’conomy!

Your goals for 2023

· How was 2022 for you?

· Did you achieve your goals?

· What are your financial goals for 2023 and how do you plan to achieve them?

I wish you a happy and successful new year!

For more tips and money-making ideas and coaching see Master Your Money the S.M.A.R.T Way training.

Check it out for free - https://bit.ly/3isugCr.

For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.TWay training. Check it out for free - https://bit.ly/3isugCr.

As we enter the Christmas season and that break for most people between Christmas and New Year, it’s a perfect time to sit back and reflect on the year gone by.

· How was 2022 for you?

· Did you reach your goals?

· If not, did you reach milestones?

· Did your wealth go up or down?

· Has your income increased?

It’s also a good time to think about what you can do to make 2023 your most successful year ever.

Watch YouTube video: https://youtu.be/MtjrNNXHM5k

Despite all the doom and gloom, recession and inflation, there are always opportunities.

Falling house prices, potential stock market crash and a shortage of labour are just three of the many opportunities there right now to increase your wealth.

Think about your goals, aims and ambitions for the coming year and write them down.

· How can you improve your life and happiness?

· How can you increase your income?

· How can you save more money?

· How can you manage your budget?

· How can you increase your financial knowledge to make better investment choices?

It’s never too late to learn how to make more money, save and invest to increase your wealth over time.

That’s why I’m including a link to my free training to help you manage your money the smart way.

Make 2023 your best year ever!

Remember this moment as the moment you decided to change your life forever. Make the rest of your life the best of your life

Charles Kelly Money Tips Podcast wishing you a Merry Christmas and a happy New Year to you and all your family.

See also:

The rich and successful have coaches and mentors, and never stop learning.

For more tips and money-making ideas and coaching see Master Your Money the S.M.A.R.T Way training.

#tax #property #capitalgainstax #finance #financialfreedom #freefinancialtraining #freetraining #money #wealth #landlord #buytoletlandlord #property #makingtaxdigital #richhabits #successhabits #richpeople #wealth #debt #goals #plans #interestrates

Interest rates rise again to highest level in 14 years pushing the economy and property market deeper into recession…

For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.TWay training. Check it out for free - https://bit.ly/3isugCr.

The three main Central banks raised interest this week, with the Bank of England hiking rates by .5% to 3.5%.Hey, do you think they might be colluding? 😊

Watch video version: https://youtu.be/WCmTLiUlra0

UK interest rates are now at the highest level for 14 years and it is the ninth time in a row that the Bank of England has put up base lending rates, despite a small fall in inflation to 10.7% in November.

The bank has set a ludicrous 2% target inflation rate but is using a sledgehammer to crack a nut.

The Federal reserve, ECB and Bank of England are hellbent on driving the world into recession in order to keep down inflation, which they caused with their money printing policies.

The Fed and Bank of England were both asleep at the wheel in 2008 which caused the financial crash.

Taxpayers in the UK were forced to bail out their friends in the banks.

Then they printed money with a stimulus on a scale never seen before in history, which, surprise surprise, has caused the highest level of inflation since the 1980s.

Now they are aggressively raising interest rates and driving economy into recession.

The Bank of England “predicted” that we were going to the worst recession on history, and then proceeded to make it happen. A self-fulfilling prophecy!

Stock markets fell this week, crypto is in turmoil and property asking prices and dropping.

We can’t do much about these faceless suits, but we can manage and grow our own economy.

Like the Kenny Rogers song says:

You’ve Gotta know when to hold ‘em,

Know when to fold em,

Know when to walk away,

And know when to run!

In other words, you need to understand how money and the markets work so you can make educated moves.

Watch Video - https://youtu.be/WCmTLiUlra0

See also:

The rich and successful have coaches and mentors, and never stop learning.

For more tips and money-making ideas and coaching see Master Your Money the S.M.A.R.T Way training.

#tax #property #capitalgainstax #finance #financialfreedom #freefinancialtraining #freetraining #money #wealth #landlord #buytoletlandlord #property #makingtaxdigital #richhabits #successhabits #richpeople #wealth #debt #goals #plans #interestrates #crypto

36 Rich Habits Followed By Wealthy And Successful People Part 2

For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.

These are the Rich Habits followed by the wealthy and successful people, and mentors, I have observed.

1. They have a daily routine.

2. They work hard, and smart.

3. They wake up early.

4. They read books.

5. They keep learning.

6. They are good listeners.

7. They work out and exercise.

8. They eat well and stay healthy.

9. They are disciplined in their lives.

10. They manage their money.

11. They make their money work hard for them.

12. They manage their time.

13. They believe time is money.

14. They avoid procrastination.

15. They avoid negative or toxic people.

16. They are organised and dependable.

17. They make time work for them rather than exchanging time for money.

18. They value family and home life and spend quality time with the family.

19. They are usually nice, personable or likeable people.

20. They are generous, give back through ‘giving’ and charities.

21. They have a strong magnetism, charisma and energy field.

22. They have a relaxed, calm and self-assured manner or energy.

23. They are leaders in one form or another and lead by example.

24. They get along with people and work well in or build a team around them.

Watch video on YouTube Channel: https://youtu.be/UKidabRupUU

For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.