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

Rising prices in the G20 group of major economies will grow faster than pre-pandemic for at least two years, the OECD forecasts.

Consumers have suffered price hikes as higher commodity prices and shipping costs increase inflation for the first time in years, Paris-based policy forum reports.

Inflation have reached 3.2% in the UK, highest rate of the advanced economies, and is expected to continue at this level until the end of the year, the OECD said. Inflation is expected to fall in the US, France, and Germany.

Inflation has returned all over the world due to the cost of raw materials, constraints on the supply of goods, stronger consumer demand as economies reopen, and prices recovering from drops during the pandemic in some sectors, it said.

Consumer demand, supply disruptions and depleted stores of goods have forced up prices and shipping costs. Further supply shortages could lead to a longer period of higher inflation, the OECD said.

The OECD expects the rate of inflation in the G20 to moderate from 4.5% at the end of 2021 to 3.5% by the end of 2022. Source: BBC.

The real estate bubble in China continues to grow with Evergrande expected to default on interest payments this week or receive government aid.

Meanwhile, over a million property buyers are waiting to see if they will lose their deposits on ‘off plan’ unfinished properties all over China.

These are worrying times. Markets and property prices in majors Cities around the world remain at an all-time high while governments print trillions to prop up weakened economies.

There has never been a better time to stay informed and educate yourself on financial matters.

The KEY to building and KEEPING wealth is financial education.

Millionaires and millionaire habits have been studied and documented at academic levels for the last hundred years. Bestselling books, like The Science of Getting Rich and Thinks and Grow Rich, were written almost a century ago. I have also published my own book on how people get wealthy and how some lose it all - Yes Money Can Buy You Happiness.

We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free!

If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training.

I will give a special free gift which can help you to immediately transform your finances when you attend the online training.

Click on this link to watch the free training now https://bit.ly/3wLWqx2

Book now as spaces fill up fast...

#evergrande #chinacrisis #realestatebubble #property #stockmarketcrash #inflation #financialeducation #freetraining

The huge Chinese property company, Evergrande, is repaying investors in its wealth management business with property instead of cash this week. The world's most indebted real estate developer faces a crunch this week while investors fear a default.

Major banks have reportedly already been informed they will not receive interest payments on loans that are due this week and further interest payments of $84m (£61m) on the firm's bonds are due on Thursday.

The company's shares dropped by more than 10% in Hong Kong trade on Monday, but are down 90% on its 52 week high.

The multi-billion dollar property business deepening debt problems have triggered fears over the impact its potential collapse could have on China's, as well as the western world’s, economies.

Evergrande grew to be one of China's biggest companies by borrowing a massive $300bn (£217bn).

How will it affect the world if Evergrande collapses?

Thousands of Chinese investors riding the wave of a booming market have bought property from Evergrande ‘off-plan’ even before building work began. They have paid deposits and could potentially lose that money if it goes bust. 

If Evergrande defaults, banks and other lenders may be forced to lend less.

This could lead to a 1997 Asian financial crisis or 2008 style credit crunch, when companies struggled to borrow money at affordable rates after the collapse of major financial institutions like Bear Sterns and Lehman Brothers, which plunged the western world into recession.

At the time, the relatively debt-free China helped to bail out America, but who can bail out China when western countries have already printed Trillions of dollars to save their own asses? Full article.

The KEY to building and KEEPING wealth is financial education.

Millionaires and millionaire habits have been studied and documented at academic levels for the last hundred years. Bestselling books, like The Science of Getting Rich and Thinks and Grow Rich, were written almost a century ago. I have also published my own book on how people get wealthy and how some lose it all - Yes Money Can Buy You Happiness.

We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free!

If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training.

I will give a special free gift which can help you to immediately transform your finances when you attend the online training.

Click on this link to watch the free training now https://bit.ly/3wLWqx2

Book now as spaces fill up fast...

#evergrande #chinacrisis #creditcrunch #realestatebubble #property #stockmarketcrash

A YouGov survey has revealed that 70% of staff will not go back to working in an office full-time, so where does this leave the commercial property sector?

Full artice and video - https://youtu.be/msK7kcjbhbY

Trending

· Tensions rise as China denounces AUKUS Pact between US, UK and Australia

· Highest price rises since CPI records began as inflation hits 3.2% - https://youtu.be/wv7-WPv-mHs

· Emma Raducanu becomes instant millionaire at 18 and could earn £150m! - https://youtu.be/koAbiFVlgqg

· Time to get out of stocks and shares? Market Warning - https://youtu.be/_vOblIQYxqo

· Housebuilder drops unfair leases and rip-off ground rent charges

· Chinese property empire on brink of collapse

The new world order is here

What can you do to take advantage of the changes rather than hoping things will go back to ‘normal’ again? They won’t.

The biggest revolution is the explosion in online trading and social media marketing.

Can you make money on social media?

I notice that kids are very good at creating videos and posts on social media. Unlike me, they have grown up with IT and social media, but that doesn’t mean us oldies can’t get in on the act!

We can all learn to not only how to use social media,

but also how to make money on social media…

"Stop Wasting Time On Social Media And Start Making Money Instead"

You can learn how to make money on social media from my mentor Paul O’Mahony, founder of the ReThink Academy, who has made millions online starting from nothing.

In this FREE webclass you're going to see:

· How to​ use the time you're already spending on the internet to build a digital business in your spare time.

· How to​ get a product to sell if you don't have one already and... how to get it for nothing.

· The exact strategy​ "he used to make my first million and quit my job permanently without a big budget, or any experience with social media."

You'll discover all this and more when you watch the webclass below.

I'M READY TO WATCH THE FREE TRAINING NOW!

WATCH THIS TRAINING IF:

· You own a business.

· You want to own a business without quitting your job yet.

· You are serious about building a profitable online business.

· You're tired of wasting time on social media and want to make money instead.

· "Stop Wasting Time On Social Media And Start Making Money Instead" (even if you lack time, resources, experience, or expertise).

I'M READY TO WATCH THE FREE TRAINING NOW!

CLICK HERE TO WATCH https://bit.ly/38rzLvZ

Consumer price rises in the UK saw the highest leap since records began in 1997 as the economy opened up following several lockdowns.

According to official government figures, the increase in the cost of living, as measured by the Consumer Prices Index, reached 3.2% (50% above BOE target) in the year to August, the highest since 2017.

Rising prices for food, petrol and used cars were up from 2% the previous month.

The main weapon employed by central banks to curb inflation is to increase interest rates. However, this will also increase their own government’s interest payments on the trillions of Pounds, Dollars and Euros they have created to prevent a covid recession and stock market crash.

One thing that’s certain to go up is tax! Tax hikes, like the tax on landlords, to pay for the billions in financial stimulus to rescue the economy during the last year.

How are you adapting to the ‘new world order’?

The world of business has changed and unless you adapt your business will decline.

What can you do to take advantage of the changes rather than hoping things will go back to ‘normal’ again? They won’t.

The biggest revolution is the explosion in online trading and social media marketing.

Businesses which have adapted have boomed while others are no longer in business.

Can you make money on social media?

I notice that kids are very good at creating videos and posts on social media. Unlike me, they have grown up with IT and social media, but that doesn’t mean us oldies can’t get in on the act!

We can all learn to not only how to use social media,

but also how to make money on social media…

"Stop Wasting Time On Social Media And Start Making Money Instead"

You can learn how to make money on social media from my mentor Paul O’Mahony, founder of the ReThink Academy, who has made millions online starting from nothing.

In this FREE webclass you're going to see:

· How to​ use the time you're already spending on the internet to build a digital business in your spare time.

· How to​ get a product to sell if you don't have one already and... how to get it for nothing.

· The exact strategy​ "he used to make my first million and quit my job permanently without a big budget, or any experience with social media."

You'll discover all this and more when you watch the webclass below.

I'M READY TO WATCH THE FREE TRAINING NOW!

WATCH THIS TRAINING IF:

· You own a business.

· You want to own a business without quitting your job yet.

· You are serious about building a profitable online business.

· You're tired of wasting time on social media and want to make money instead.

· "Stop Wasting Time On Social Media And Start Making Money Instead" (even if you lack time, resources, experience, or expertise).

I'M READY TO WATCH THE FREE TRAINING NOW!

CLICK HERE TO WATCH https://bit.ly/38rzLvZ

Spots Fill Up Fast - Limited Seats Available!

The Financial Conduct Authority (FCA) is concerned that easy credit offered by buy now pay later companies (BNPL) like Klarna and Paypal will add to the debt crisis.

Millions of people in the UK are using BNPL credit at rates as high as 30% pa (or 300 times the base rate) to buy consumer crap that goes down in value while the size of their debt goes up.

£14 billion of goods bought using BNPL freon January to March.

If you can’t afford that gadget or item of clothing, don’t buy it!

Instead of BNPL, use SUBL or SAVE UP AND BUY LATER!

The first step to building wealth and turning your finances around is financial education.

Millionaires and millionaire habits have been studied and documented at academic levels for the last hundred years. Bestselling books, like The Science of Getting Rich and Thinks and Grow Rich, were written almost a century ago. I have also published my own book on how people get wealthy and how some lose it all - Yes Money Can Buy You Happiness.

We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free!

If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training.

I will give a special free gift which can help you to immediately transform your finances when you attend the online training.

Click on this link to watch the free training now https://bit.ly/3wLWqx2

Book now as spaces fill up fast...

#creditcard #debtfree #financialeducation #freetraining #paypal #klarna #getoutofdebt 

Emma Raducanu Becomes An Instant Millionaire But Is Sport The Best Way To Make A Million?

British tennis sensation Emma Raducanu became a millionaire at 18 when she was presented with a cheque for $2.5 million after winning the US Open in straight sets on Saturday.

As I watched her collecting the cheque form the sponsors commentators were already predicting that she will become the richest woman in British sport and the most famous Brit alongside the Queen! No pressure then!

She certainly has the whole package of charisma, talent and brains to appeal to sponsors and advertisers which will propel her to the ranks of other sporting superstars such as David Beckham and Ronlado.

Emma was born in Toronto, Canada to a Romanian father and Chinese mother who then migrated to the UK for better opportunities.

She is the first qualifier, which means she has to play pre-match games in order to qualify to enter the tournament, to reach and win a Grand Slam final where she played another teenager Leylah Fernandez of migrant heritage. Leylah’s father is Ecuadorian and her mother is Filipino Canadian.

Last week, in an interview with Jeremy Vine on BBC Radio 2, the former British Tennis player Andrew Castle commented that there was something about both of the finalist’s ordinary migrant heritage that seemed to give them that extra drive and ambition to succeed against all the odds.

Emma will inspire young people to take up tennis and other sports which is wonderful. She will need to keep her feet on the ground and concentrate on her game rather than celebrity appearances, as well as very good financial advice. Too many young stars who become so-called ‘instant millionaires’ end up broke a few years later.

In fact, according to research for the book Secrets of the Millionaire Next Door, only a tiny percentage of millionaires are sports stars or celebrities. Most self-made millionaires are people in business.

The first step to building wealth and turning your finances around is financial education.

Millionaires and millionaire habits have been studied and documented at academic levels for the last hundred years. Bestselling books, like The Science of Getting Rich and Thinks and Grow Rich, were written almost a century ago. I have also published my own book on how people get wealthy and how some lose it all - Yes Money Can Buy You Happiness.

We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free!

If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training.

I will give a special free gift which can help you to immediately transform your finances when you attend the online training.

Click on this link to watch the free training now https://bit.ly/3wLWqx2

Book now as spaces fill up fast...

Tax Landlords and Wealth to pay for social care is the expected policy of the leader of the opposition Labour Party Sir Kier Starmer, the BBC reports.

Sir Kier Starmer could be running the country as the next UK Prime Minister if he wins the next general election in two and a half years’ time.

Is taxing savers and investors the answer?

No! Higher taxation will deter investment and hit savers and the very people who ‘row their own boat’ and provide for their retirement and care.

Will increased taxes on investors and businesses solve the economic crisis?

No! Higher taxes will only make it worse by reducing investment and slowing the very economic growth needed for recovery. Higher taxes usually results in lower tax revenues.

What can you do to protect yourself?

Wake up! Financial education is and has always been the real answer to your money problems.

Watch video version - https://youtu.be/877_4J9DnXQ

We know exactly what the habits and traits of wealthy people are, as success leaves tracks. All you have to do is follow their tracks to become wealthy and financially free!

If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training.

I will give a special free gift which can help you to immediately transform your finances when you attend the online training.

Click on this link to watch the free training now https://bit.ly/3wLWqx2

Book now as spaces fill up fast...

Congratulations to British teenager Emma Raducanu, reached the US Open final as her meteoric rise to fame continued with a stunning semi-final victory over Greek 17th seed Maria Sakkari in New York.

Londoner Raducanu, who was born in Toronto, Canada to a Romanian father and Chinese mother, extended her dream run with a 6-1 6-4 victory in which her dominance on court defied belief.

She is the first qualifier, which means she has to play pre-match games in order to qualify to enter the tournament, to reach a Grand Slam final and will play another teenager Leylah Fernandez of migrant heritage on Saturday.

Leylah’s father is Ecuadorian and her mother is Filipino Canadian.

In an interview with Jeremy Vine today on BBC Radio 2, the former British Tennis player Andrew Castle commented that there was something about both of the finalist’s ordinary migrant heritage that seemed to give them that extra drive and ambition to succeed against all the odds.

Raducanu is the first British woman in a major singles final in 44 years.

Prior to her amazing run to the Wimbledon last 16 earlier this summer, Raducanu was ranked just 336th in the world and was unknown outside the tennis world.

This win puts her on the verge of the top 30 after already being assured of becoming the British women's number one by reaching the last four at Flushing Meadows.

It also gives the London teenager - who also passed her A Levels this summer – at shot at one of tennis' most prestigious titles when she faces Canadian 19-year-old world number 73 Fernandez at 21:00 BST on Saturday. Source: BBC Sport.

We in the UK will be cheering you and wishing you all the best for the final tomorrow Emma! But whoever takes the title, it will be a victory for all hardworking dedicated migrants!

Watch videoversion…

Emma, who had previously booked a flight home for the end of the qualifiers, could become the highest paid British sportswoman of all time according to commentators, but it is still early days. There is no doubt that her earnings potential and profile have skyrocketed into the millions since she splashed onto our screens this summer at Wimbledon.

She will need to keep her feet on the ground and concentrate on her game rather than celebrity appearances, as well as very good financial advice. Too many young stars who become so-called ‘instant millionaires’ end up broke a few years later.

Millionaires and millionaire habits have been studied and documented at academic levels for the last hundred years. Bestselling books, like The Science of Getting Rich and Thinks and Grow Rich, were written almost a century ago. I have also published my own book on how people get wealthy and how some lose it all - Yes Money Can Buy You Happiness.

We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you have to do is follow their tracks to become wealthy and financially free!

If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training.

I will give a special free gift which can help you to immediately transform your finances when you attend the online training.

Click on this link to watch the free training now https://bit.ly/3wLWqx2

Book now as spaces fill up fast...

El Salvador will be the first country to adopt Bitcoin as legal tender alongside the US Dollar.

Citizens will be given $30 Bitcoin tokens in a new account.

Twitter acceptance could boot Bitcoin’s price further.

Watch video: https://youtu.be/HZfJDLLJvMc

Bitcoin price recovers to $51,000 from $30,000.

Businessman loses £500,000 in Bitcoin scam.

Students turn to Cryptocurrency trading.

Boris Johnson grappling with UK’s growing social care timebomb.

See also:

Hackers steal $100 million of Crypto - https://www.youtube.com/watch?v=mDoZ3Ml8L3g&t=37s

Average houses prices falling after the rush to beat the Stamp Duty Holiday - https://youtu.be/O4SSsJ0sRt4.

Millionaires and millionaire habits have been studied and documented at academic levels for the last hundred years. Bestselling books, like The Science of Getting Rich and Thinks and Grow Rich, were written almost a century ago. I have also published my own book on how people get wealthy: Yes Money Can Buy You Happiness. You can find it on Amazon: https://www.amazon.co.uk/Yes-Money-Can-Buy-Happiness/dp/1095175858

We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you have to do is follow their tracks to become wealthy and financially free!

If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training.

I will give a special free gift which can help you to immediately transform your finances when you attend the online training.

Click on this link to watch the free training now https://bit.ly/3wLWqx2

Chloe was born in London to overseas Filipino worker (OFW) parents who migrated to the UK for a better life and job opportunities.

Watch videoversion - https://youtu.be/XfQEAM0y-JE

Although they worked hard day and night, money was tight for the family you came to the UK with nothing.

Despite her humble beginning, Chloe showed an early aptitude for learning. She was particularly talented with mathematics and was racing ahead of her school friends after her parents found the money to send her to private Kumon lessons.

At 8-years old Chloe could solve complex quadratic equations normally taught to A-Level students. She was even able to demonstrate this skill on her YouTube channel: -

https://www.youtube.com/channel/UCdWHYVaijhR29bOqyvEwCwA

The child genius scored 143 on a recent Mensa test, but brains alone are not enough without hard work.

Chloe is extremely disciplined with her time and plans every aspect of her day. She also sets short and long-term goals.

I notice that kids are very good at creating videos and posts on social media. Unlike me, they have grown up with IT and social media, but that doesn’t mean us oldies can’t get in on the act!

We can all learn to not only use social media, but also how to make money on social media…

"Stop Wasting Time On Social Media And Start Making Money Instead"

You can learn how to make money on social media from my mentor Paul O’Mahony, founder of the ReThink Academy, who has made millions online starting from nothing.

In this FREE webclass you're going to see:

· How to​ use the time you're already spending on the internet to build a digital business in your spare time.

· How to​ get a product to sell if you don't have one already and... how to get it for nothing.

· The exact strategy​ "he used to make my first million and quit my job permanently without a big budget, or any experience with social media."

You'll discover all this and more when you watch the webclass below.

I'M READY TO WATCH THE FREE TRAINING NOW!

WATCH THIS TRAINING IF:

· You own a business.

· You want to own a business without quitting your job yet.

· You are serious about building a profitable online business.

· You're tired of wasting time on social media and want to make money instead.

· "Stop Wasting Time On Social Media And Start Making Money Instead" (even if you lack time, resources, experience, or expertise).

I'M READY TO WATCH THE FREE TRAINING NOW!

CLICK HERE TO WATCH https://bit.ly/38rzLvZ

Spots Fill Up Fast - Limited Seats Available!