Money Tips Podcast

The 10 celebrities who command the most money per Instagram post

1. Dwayne 'The Rock' Johnson, 187m followers - just over $1m per post
2. Kylie Jenner, 182m followers - $986,000 per post
3. Footballer Cristiano Ronaldo, 225m followers - $889,000 per post
4. Socialite Kim Kardashian, 176m followers - $858,000 per post
5. Pop star Ariana Grande, 191m followers - $853,000 per post
6. Actress and singer Selena Gomez, 180m followers - $848,000 per post
7. Pop star Beyoncé Knowles, 149m followers - $770,000 per post
8. Pop star Justin Bieber, 139m followers - $747,000 per post
9. Pop star Taylor Swift, 135m followers - $722,000 per post
10. Footballer Neymar da Silva Santos Junior, 139m followers - $704,000 per post

Source: Hopper HQ

So, what does this mean to you?

We can’t all be superstars with millions of social media followers, but that doesn’t mean you cannot make money online. Real money is being made every single day on social media. How much time do you spend each day on your smart phone and social media?

Small business advertisers make up most of Facebook’s ad revenue, which is why it will not be hurt by a few multinational companies, such as Diageo, pulling their advertising.

Amazon has enabled millions of small traders to sell online and compete with much larger concerns.

Online sales have gone through the roof and some of biggest companies in the world by stock market value are tech-based companies, the so-called FAANG stocks, started in the last few decades.  

What are FAANG Stocks?

The FAANG stocks are a group of technology stocks that have a combined market cap of nearly four trillion dollars. The companies that make up the FAANG stocks are: Facebook, Amazon, Apple, Netflix and Google/Alphabet.

Tesla has overtaken Toyota as the most valuable car company in the world.

Tech companies, such as those quoted on the Nasdaq exchange, have boomed during the lockdown – prompting many conspiracy theories – and have led a stock market v-shaped recovery that flies in the face of economic reality.

Many fear that the overvalued market is due for another much deeper correction as the Coronavirus continue to spread and millions lose their jobs.

Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period. 

Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution? 

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected] or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com

True entrepreneurs create wealth and jobs and don’t need you to be poor for them to be rich. 

In the last few years, mortgage lending rules have been tightened up by UK regulators. Lenders now dig into your finances far more deeply than just looking at your annual income. Self-certificated mortgages are all but gone and even standard buy-to-let mortgages have become more difficult to obtain.

Most people think that getting a mortgage from the bank is the only way to finance a property purchase, but this could not be further from the truth.

Fortunately, there are plenty of creative strategies for raising finance to buy or control property which can liberate you from the monopoly of traditional bank and building society lenders.

Let’s face it, using the standard method of saving for a deposit and then applying for a mortgage in order to buy an investment property has its obvious limitations. The main problem with this method is that you soon run out of deposits. Many investors using this method run out of cash and hit a brick wall before they are able to buy enough properties to enable them to quit their jobs and become financially free.

Get on the super highway to financial freedom

The traditional method used by 95% of investors is the slow road to financial freedom.

Good news, experts have been able to discover proven ways to secure, control and buy multiple properties with none of your own money – or other people’s money.

This is the fast road or super highway to building a portfolio large enough to give you the monthly cashflow to allow you to quit your job (if that’s what you want to do) and be truly financially free.

If you’d like to learn more about creative finance strategies that you can use to build a portfolio of properties without using your own money Message me your details or drop me an email – [email protected]

In this Money Tips Podcast episode:

1. You don’t need a shop or even a physical premises to start a business!
2. EU economy in crisis, shrinking at fastest rate ever as stimulus announced

Find out how you can join the Podcast revolution - https://bit.ly/2KWNgs5

Can you afford to retire?

Millions of people, or over 80% of the population, will either retire in poverty or not be able to afford to retire at all. What’s your strategy?

Quit the rat race and retire early

You can learn how to build a second income, acquire cash flow generating assets using leverage in order to quit the rat race and become financially free. This crisis has taught us that the only way to be truly financially free is to build your own source of passive and semi-passive income, rather than working on someone else’s passive income.

Smart investors take advantage of creative finance ‘no money down’ tools in order to build massive property portfolios in a few short years, as their hands are not tied by mortgage lenders and the need to save large deposits and pay higher taxes.

Free property course

Before you any property, take time out to learn proven successful strategies from expert multi-millionaire property investors on a free taster courses from the comfort of your home.

If you’d like more information on how to quit the rat race, email me at [email protected] or send me a message through Facebook or my Money Tips Daily community.

See more articles at www.moneytipsdaily.com

To learn more about podcasts, join this free training seminar - https://bit.ly/2KWNgs5

The UK government will this year inject an unprecedented £300 billion of financial aid into the economy in order to stave off the worst recession in 300 years.

Rishi Sunak’s moves to retain as many jobs as possible have not been supported by large retailers, such as John Lewis and Boots Chemists, which have announced plans to lay off 5000 workers, despite the £1,000 per worker job retention bonus. 

The £1000 job retention bonus is not enough to persuade a company to keep someone on for six months and will only be claimed by employers which are probably going to take people back off furlough anyway.

HK crisis deepens as UK offer BOP passport holders refuge from China’s grip.

Self-employed have only days left to apply for government grant phase 1.

If you’re eligible and your business has been adversely affected you must make your claim for the first grant on or before 13 July 2020.

This scheme is being extended. If you’re eligible for the second and final grant, and your business has been adversely affected on or after 14 July 2020 you’ll be able to make a claim from 17 August 2020. You can make a claim for the second grant if you’re eligible, even if you did not make a claim for the first grant. Find out more about the extension to the scheme. 

Apply here: https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme#extension

In this Money Tips Podcast episode:

• Travellers arriving in the UK from dozens of countries no longer need to self-isolate 

• Rules relaxed for arrivals from more than 70 countries and British overseas territories

• Beauty salons and “open air gyms” allowed to reopen with more reopening to follow

• Eat out to help out meal deal scheme launches in August to help hospitality sector

• Stamp Duty slashed until 31 March 2021 by raising the threshold to 500,000

• Chancellor Rishi Sunak keen to boost the property market and “build build build”

• New planning rules will open up more opportunities to make money in property

• Opportunity is everywhere for everyone, especially in property! But you have ACT! 

• Even the 'Secret law of attraction' requires you to get off your ass and TAKE ACTION!

• Homeowners will get vouchers of up to £5,000 for energy-saving improvements

• The poorest will receive up to £10,000 in £2 billion energy saving grant scheme

• Will your job be one of millions phased out by automation, innovation and AI?

• You don’t need your own money to create a second income in property 

• Time to your economy or Uconomy started whatever the economy is doing!

• You can create a second income during the lockdown…and come out stronger

• Learn how to make money from property without deposits, mortgages or cash

Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period. 

Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution? 

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected] or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com

E-Commerce Cashflow
19th July, 2020
7:00 PM (UK)

Learn how to...
Build a profitable e-commerce business in less than 90 days.
Replace your income in months.
Help get the products to people that they need the most.
Be able to spend more time doing what you love, with the people you love.

Join the free training here: https://bit.ly/3gLXaKW

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

In this Money Tips Podcast episode:

• Threats are always on the horizon for us, companies and countries

• S.W.O.T. Strengths, weaknesses, opportunities and threats

• Have you carried out your own S.W.O.T. Analysis?

• What is your disaster management plan?

• Learn about investing in property before buying anything!

Can you afford to retire?

Millions of people, or over 80% of the population, will either retire in poverty or not be able to afford to retire at all. What’s your strategy?

You can learn how to acquire income producing assets using other people’s money and other no money down strategies in order to become financially free.

Smart investors take advantage of creative finance ‘no money down’ tools in order to build massive property portfolios in a few short years, as their hands are not tied by mortgage lenders and the need to save large deposits and pay higher taxes. 

Free property investment taster day

Before you any property, take time out to learn proven successful strategies from expert multi-millionaire property investors on a free taster ‘property discovery day’.

If you’d like more information on how to acquire wealth building assets using none of your money, email me at [email protected] or send me a message through Facebook or my Money Tips Daily community.

See more articles at www.moneytipsdaily.com

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. 

We live in the richest time in all history.

Poor – statements 

• I can’t afford it
• I can’t do that
• I haven’t got time

Rich - questions

• How can I afford it? 
• How can I do that? 
• How can I find the time?

The statements close your mind, the questions open your mind!

The poor think differently from the rich.

This sounds like a corny old cliché but in my personal experience, of seeing life from both sides, it’s true.

Most unsuccessful people believe that their circumstances are down to external factors.

Most successful people believe their circumstances are down to their own efforts and hard work.

The poor and successful do not take responsibility for where they are today. They blame their family, the government, partner or spouse, the economy or bad luck for where they are right now. They see no correlation between their own actions and where they have ended up in life. They see no link between action and results.

I remember years ago trying to mentor a single mother. She had an unsuccessful marriage and was left bringing up two children on benefits in a council flat.

However, although she had very little money, she always found money to go out on the weekend drinking, or to buy cigarettes and even drugs.

Trying to suggest anything that might improve her life was very hard work. It was like pushing uphill against a headwind. Everything I would suggest would be met with comments like, “I can’t do that “or “that wouldn’t work for me “.

I once presented her with an opportunity to apply for a job. To my astonishment, she said she would make the call tomorrow. I said, why not today, but she said she just insisted that she couldn’t do it right away.

Dealing with success minded people was a completely different matter. When I met my future business partner, she had no money and a lot of debt.

However, what she did possess was a tremendous amount of ambition, drive, determination and willingness to try new things to succeed. She would try new things and respond positively to new ideas.

She was also an action taker, a starter as well as a finisher. She was willing to learn new skills and follow things through.

She had started businesses in the past, but had been ripped off by her partners. But She didn’t let her past or current circumstances dictate to her future. This is why over the following 5 years she became super successful and a millionaire.

I was listening to two speeches on YouTube which ran one after the other. The first was the speech given to graduates by the actor Jim Carrey and the second was a talk by the great Arnold Schwarzenegger, both of whom had come from modest backgrounds with good parents.

Although the speeches were very different in style and delivery, both contained common traits of success which had helped them reach the top.

Jim and Arnold both recommended the following to their audience:

• Have a goal in life. Otherwise you will drift around like a ship without a destination.
• Do something you love rather than just taking a job. Arnold said that over 70% of people hate their jobs. On the other hand, if you do something you love then it’s not like work at all.
• Don’t listen to naysayers or negative people who tell you can’t do things. Arnold said that when people say “impossible”, he hears “possible” when people say it “can’t” be done he hears it “can” be done.
• Work hard and take action. It’s not enough to have a goal or ask the universe for things without putting in the work and taking action.
• Try to make a difference in your life whilst on this earth and give back.

We live in the richest time in all history.

If you would like to improve your mindset and take advantage of the abundance of opportunities there are all around us, check out the links below or email me.

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected] or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com

Quick Money Tip - Check Your Travel Insurance Before You Book Your Holiday

In this Money Tips Podcast episode:

Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.

Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected] or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com

Do you need help to MAXIMISE your business in the next 90 days?

Business Support Mastermind

Wednesday 8th July @ 7:00 PM

• How to Absolutely maximise the next 90 days & take the (hidden) opportunities.
• How to market your way through the lockdown to THRIVE instead of survive.
• How to pivot your business first & fast to seize the new world order & opportunity.
• The BEST business cashflow opportunities in the current climate, & beyond
• Our brand-new “accelerated immersion” model to grow in a downturn.

Join free Business Mastermind webinar - https://bit.ly/2ACftTm

In this Money Tips Podcast episode:

Can you afford to retire?

Millions of people, or over 80% of the population, will either retire in poverty or not be able to afford to retire at all. What’s your strategy?

You can learn how to acquire income producing assets using other people’s money and other no money down strategies in order to become financially free.

Smart investors take advantage of creative finance ‘no money down’ tools in order to build massive property portfolios in a few short years, as their hands are not tied by mortgage lenders and the need to save large deposits and pay higher taxes.

Free property investment taster day

Before you any property, take time out to learn proven successful strategies from expert multi-millionaire property investors on a free taster ‘property discovery day’.

If you’d like more information on how to acquire wealth building assets using none of your money, email me at [email protected] or send me a message through Facebook or my Money Tips Daily community.

See more articles at www.moneytipsdaily.com

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

By Charles Kelly, Property Investor, former IFA, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

In this episode:

The things the rich do that the poor do not

In my 25 years in financial services advising thousands of clients, these are the things that I have observed that the rich and successful people, which the poor neglect to do.

Word of the Day

Disaster Recovery

Disaster Recovery is a strategy and set of policies, tools and procedures to enable the recovery or continuation of vital technology infrastructure and systems following a natural or human-induced disaster.

If you’d like more information on how to acquire wealth building assets using none of your money, email me at [email protected] or send me a message through Facebook or my Money Tips Daily community.

Other articles at www.moneytipsdaily.com

Drowning in a Sea of Debt

Drowning in Sea of Debt By Charles Kelly, Property Investor, former IFA, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.   In this episode: Millions in debt. Debt charity deals with 9500 earning £40,000 If you’d like more information on how to acquire wealth building...

Brexit Property Effect – Invest or Wait?

Brexit Property Effect – Invest or Wait? By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.   In this episode: Brexit Effect Wait or Invest Is this a flip market? Are we due for a correction? Long term...

UK Property – £60,000 for a house in Wales or £6 million for a room in Mayfair

UK Property - £60,000 for a house in Wales or £6 million for a room in Mayfair By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. If you’d like more information on how to acquire wealth...

More money looking for places to invest that there are good places to invest

More money looking for places to invest that there are good places to invest By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast Word of the Day: Securitisation. Securitisation is the financial practice of pooling various types of contractual...

When is a ‘Freehold’ not worth the paper it’s written on

When is a ‘Freehold’ effectively not worth the paper it’s written on and is more like a leasehold? By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast Buyers of new build houses may be shocked to...

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

I was a financial adviser for 25 years working for banks, insurance companies and in my own IFA practice. I am also the author of the book, Yes, Money Can Buy You Happiness.

For the average person who has a small lump sum or monthly amount of cash to invest there are a number of investment vehicles from which to choose. Here is a basic list of products available to the average investor.

Deposit based investments

ISAs and bank deposit accounts which are usually guaranteed up to £85,000 by the government.

Advantages:

• Safe, guaranteed investment up to £85,000.

Disadvantages:

• Low returns. 
• The purchasing power of your money will be eroded by inflation.

Asset-backed investments 

Shares, bonds and property. You can invest in these assets directly or through investment vehicles or funds such as, unit trusts, mutual funds, pension schemes and ISAs. 

Advantage: 

• Potential for better returns over the longer term.

Disadvantages:

• Higher risk.
• You could get back less than you’ve put in.
• More specialised. 

If you have less than £250,000 to invest, most financial advisers will only be able to recommend products via funds which invest in the above asset-backed regulated investments, which are regulated by the FCA (Financial Conduct Authority) rules. You are protected by the FCA, for instance, if you are miss-sold one of these products by an authorised adviser.

You can check the FCA register for a list of authorised firms and advisers. Advisers must study and pass exams and prove they are keeping up-to-date by attending training courses and CPD.  If you want to know what they know, take a basic financial adviser course.

Financial advisers can usually only recommend regulated products. This is usually outlined in a long brochure or leaflet, who nobody reads in my experience, or is blurted out in a long sentence over the phone. Financial advisers will not advise you to buy a property or invest in an individual share, as they will say that it’s too risky.

Some financial advisers are independent and can recommend a range of products with a number of product providers or companies. 

However, other advisers work for an insurance company and can only recommend the products or services.

Investors with large amounts of money can access specialist financial planners and a wider range of investment vehicles.

There are of course more specialised direct investments, such as, art, vintage cars, antiques, fine wines, stamps, as well as metals like gold and silver. 

Lots of people collect art, wine and gold and silver coins, either as a hobby or as a hedge against inflation. 

Advantages: 

• Potential for higher returns if you know what you’re doing.
• Usually, but not in all cases, capital gains tax free. 

Disadvantages:

• Higher risk.
• Unregulated. 
• Requires specialist knowledge and expertise.
• These types of investments do not generally produce an income.

Property

In recent years, there has been an explosion in buy to let property investors and small property developers. There are now around 2 million buy-to-let landlords in the UK.

Direct investment into property, or “bricks and mortar” as my parents would say, has proved extremely popular with investors who have shunned more traditional investments like pensions and shares.

Advantages:

• Potential for higher returns over the medium to long term.
• Property rentals also produce a return or yield in addition to capital growth.
• Leverage. You can obtain a mortgage to purchase a property. 
• Tax advantages, depending on what investment vehicle you use to purchase property.

Disadvantages:

• Property requires more work and is seldom a totally passive investment.
• Illiquid. Property takes time to sell and can be difficult in a downturn.
• Higher risk, especially for the amateur landlord or small investors who buy a property at an auction after watching “Homes Under The Hammer” on TV. 

Property investment should be treated as a business rather than a hobby. 

When done professionally, property investing can be extremely rewarding and enjoyable.

Other investments

I often get asked by people who say, what about investing in bitcoin, FOREX, or traded options. 

They have usually read about it I’ve been offered a course on how to make money as a day trader in for an exchange. My answer is, if you don’t understand something, don’t invest your money into it!

There is also a difference between investing and speculating. Speculating that a certain share or currency may rise based on a new story or trend it’s not the same as investing in a share in the company that you have researched and believe will do well in the long term. 

Similarly, jumping on the property bandwagon because the market is rising or you want to secure a new apartment off-plan in the latest high-rise development it’s not the same as learning your craft, doing your research and investing in a property you feel will give you a good return on your investment (ROI). 

If you would like to learn more about investing in property, please drop me a line.

The above information is for your information and entertainment only and should not be considered to be investment advice, as I’m not your financial adviser.

By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected] or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com