Superb Diamond Range Podcast

#37:

What is a mortgage? How do they work?

My personal experience with Mortgages?

Own Bank Vs. Broker.

The mortgage application.

Credit score can determine the interest rate.

Different types of Mortgages i.e. Fixed rate, Variable rate (Baloon in USA) and interest only. Fixed rate for short period and then remortgage.

15 year, 25 year, 30 year or 40 year term, what is best.

Home ownership Vs renting.

Overpayments without penalty bi weekly or monthly overpayment strategies to shorten mortgage and pay less interest.

Benefits of an emergency saving and avoiding foreclosure.

The sooner you pay off the mortgage the better, it can equal allot of freedom.

Your biggest monthly expense is no more.

#36

What are Credit Cards? How do they work?

My personal experience with Credit Cards?

Interest. Billing cycle. Grace Period. Interest free period. Balance Transfer.

Rewards i.e. Airmiles or Cashback. It lures you to spend more.

Late fees. Balance Transfers.

Pay in full each month.

Section 75 consumer credit act: Gives protection if companies go bust but visa debit cards also have these protections in place.

Do you really need a Credit Card?

Cash is still king! Always has and will be!

Emergency savings are a better option then running up Credit Card balances.

Credit Card merchant fees can lead to paying more than necessary.

Not always wise to use credit cards, have you proven to yourself and others to be a good steward of money?

Podcast: https://podcasts.apple.com/us/podcast/superb-diamond-range/id930684983?mt=2 https://podcasts.google.com/?feed=aHR0cDovL3N1cGVyYmRpYW1vbmRyYW5nZS5saWJzeW4uY29tL3Jzcw https://tunein.com/podcasts/Educational/Superb-Diamond-Range-p677627/ https://www.stitcher.com/podcast/libsyn-9/superb-diamond-range Follow on: https://twitter.com/superbdiamondra https://www.youtube.com/channel/UCztKXSrR8fC4CbVVJ9aC8_w Contact the show: [email protected]

#35:

What is an overdraft? What is it meant for?

Overdraft protection. Covers shortfalls in your income. Even if you don't have sufficient funds in your account. It allows you to complete transactions that other wise wouldn't go through. Avoids unauthorised overdrafts which leads to fees penalties.

My first ever debt was an overdraft.

Spain story.

Overdraft protection: Who are they protecting me from myself or my bills?

Had a good friend with income and always using their overdraft.

My advice to friend.

Friend of a friends spouse visa refused over constantly being overdrawn.

Going for a mortgage, pitfalls of always being overdrawn.

Alternatives to overdrafts i.e. build cash buffer over time.

Try to avoid paying direct debit for your bills.

Students and living in their overdrafts. Interest free offers to tempt.

Why are you transferring your wealth to these banks?

Podcast: https://podcasts.apple.com/us/podcast/superb-diamond-range/id930684983?mt=2 https://podcasts.google.com/?feed=aHR0cDovL3N1cGVyYmRpYW1vbmRyYW5nZS5saWJzeW4uY29tL3Jzcw https://tunein.com/podcasts/Educational/Superb-Diamond-Range-p677627/ https://www.stitcher.com/podcast/libsyn-9/superb-diamond-range Follow on: https://twitter.com/superbdiamondra https://www.youtube.com/channel/UCztKXSrR8fC4CbVVJ9aC8_w Contact the show: [email protected]

#34:

Special mention to:

Robert Kiyasaki

http://www.richdad.com

Dave Ramsey

http://www.daveramsey.com

David Bach

https://davidbach.com

For influencing me to create this new financial series which will discuss all things financial and hopefully help many of my listeners.

Most important: Pay Yourself First!!!

Pay date.

Direct deposit of your pay/wages, not cheques, make it automatic.

Pay by standing order rather than direct debit.

Get all bills to come out a day or two after payday.

Stay away from recurring card payments!

Paying your credit card bills briefly. Manually make early payments to avoid late fees and penalties.

Keep a cash buffer of ideally one months expenses if not work towards building up this reserve.

Aim at lowering all your expenses. Aim to be Lean.

Negotiate with existing companies for best cheapest deals.

Don't always stay if loyalty doesn't reward, ditch and switch.

Switch your Gas and Electric to the best value deal and save 100's.

Podcast: https://podcasts.apple.com/us/podcast/superb-diamond-range/id930684983?mt=2 https://podcasts.google.com/?feed=aHR0cDovL3N1cGVyYmRpYW1vbmRyYW5nZS5saWJzeW4uY29tL3Jzcw https://tunein.com/podcasts/Educational/Superb-Diamond-Range-p677627/ https://www.stitcher.com/podcast/libsyn-9/superb-diamond-range Follow on: https://twitter.com/superbdiamondra https://www.youtube.com/channel/UCztKXSrR8fC4CbVVJ9aC8_w Contact the show: [email protected]

#33:

In my honest opinion all Gambling is bad.

Work friend on a fruit machine - Never gave up.

Father on Horse Racing.

You work hard for your money why not put it to a better use like buying an asset, buy a loaf of bread, some fruit and veg or some rice.

I've spoken in an earlier episode about the Lottery, It ain't worth the money, It's a waste!

They call it harmless fun, It isn't fun losing this months rent/mortgage going into arrears. It can lead to you and your family being out on the street.

How gambling compares to drug use or alcoholism.

There are better places to be than a bookies A.K.A betting shop. Did you ever hear of a betting shop going out of business?

The gambling industry makes too much money off the people and the gamblers and their families are always suffering and in misery.

Why not save your money. Spend less than you earn and perhaps wisely invest the difference.

KJV 1611 Bible Quotes on gambling.

Give rather than gamble, as giving is good, a positive action. Gambling will always be negative.

http://www.gamcare.org.uk

http://www.nhs.uk/Livewell/addiction/Pages/gamblingaddiction.aspx

https://www.gamblersanonymous.org.uk

Podcast: https://podcasts.apple.com/us/podcast/superb-diamond-range/id930684983?mt=2 https://podcasts.google.com/?feed=aHR0cDovL3N1cGVyYmRpYW1vbmRyYW5nZS5saWJzeW4uY29tL3Jzcw https://tunein.com/podcasts/Educational/Superb-Diamond-Range-p677627/ https://www.stitcher.com/podcast/libsyn-9/superb-diamond-range Follow on: https://twitter.com/superbdiamondra https://www.youtube.com/channel/UCztKXSrR8fC4CbVVJ9aC8_w Contact the show: [email protected]

#32:

In this episode Superb interviews Bea Johnson who is living the zero waste lifestyle to the maximum. Bea is an expert on the Zero Waste Lifestyle and really does practise what she preaches and makes it seem so appealing to lead a simpler, less stressful life and be good to the environment for a better tomorrow. Together we discuss how Bea started her journey on the Zero waste lifestyle, how it affected friends and family, recycling and the environment, as well as plastic bags and last but not least Toilet paper :)

Please check out Bea's Website: http://www.zerowastehome.com

And her book: http://www.zerowastehome.com/p/book.html

https://amzn.to/3UozDqa

Podcast: https://podcasts.apple.com/us/podcast/superb-diamond-range/id930684983?mt=2 https://podcasts.google.com/?feed=aHR0cDovL3N1cGVyYmRpYW1vbmRyYW5nZS5saWJzeW4uY29tL3Jzcw https://tunein.com/podcasts/Educational/Superb-Diamond-Range-p677627/ https://www.stitcher.com/podcast/libsyn-9/superb-diamond-range Follow on: https://twitter.com/superbdiamondra https://www.youtube.com/channel/UCztKXSrR8fC4CbVVJ9aC8_w Contact the show: [email protected]

#31:

In this episode, Superb compares his experiences with the 3 main operating systems Windows, Mac and Linux. He also lists the pros and cons of each OS. His troubles with each of them and what he likes most about them.

Podcast: https://podcasts.apple.com/us/podcast/superb-diamond-range/id930684983?mt=2 https://podcasts.google.com/?feed=aHR0cDovL3N1cGVyYmRpYW1vbmRyYW5nZS5saWJzeW4uY29tL3Jzcw https://tunein.com/podcasts/Educational/Superb-Diamond-Range-p677627/ https://www.stitcher.com/podcast/libsyn-9/superb-diamond-range Follow on: https://twitter.com/superbdiamondra https://www.youtube.com/channel/UCztKXSrR8fC4CbVVJ9aC8_w Contact the show: [email protected]

#30:

Superb Range interviews Nina Altenberger also known as The Minimalist Ninja on the fascinating topic of Minimalism. Together we discuss the impact minimalism has on family & friends, personal finance, environment and consumer culture worldwide. Nina is very inspiring and has been truly living the minimalist lifestyle to it's fullest. She has plenty of first hand experience, as well as expert knowledge on the topic.

Please do check out Nina's The Minimalist Ninja YouTube Channel:

https://www.youtube.com/channel/UCSmBhccHcivrgm8V6akDGUw

Podcast: https://podcasts.apple.com/us/podcast/superb-diamond-range/id930684983?mt=2 https://podcasts.google.com/?feed=aHR0cDovL3N1cGVyYmRpYW1vbmRyYW5nZS5saWJzeW4uY29tL3Jzcw https://tunein.com/podcasts/Educational/Superb-Diamond-Range-p677627/ https://www.stitcher.com/podcast/libsyn-9/superb-diamond-range Follow on: https://twitter.com/superbdiamondra https://www.youtube.com/channel/UCztKXSrR8fC4CbVVJ9aC8_w Contact the show: [email protected]

#29:

• My personal experiences of playing the lottery.
• Gives false hope
• The answer to everything
• A Crutch
• A easy way out
• A Brief history of the lottery.
• A dream, It could be you!
• More likely to ... than win
• Waste of money
• Fools game
• Bible quotes on Gambling
• OK, so what's the secret to winning the lottery?
• New Twitter & Website address and new Apps for sale

Podcast: https://podcasts.apple.com/us/podcast/superb-diamond-range/id930684983?mt=2 https://podcasts.google.com/?feed=aHR0cDovL3N1cGVyYmRpYW1vbmRyYW5nZS5saWJzeW4uY29tL3Jzcw https://tunein.com/podcasts/Educational/Superb-Diamond-Range-p677627/ https://www.stitcher.com/podcast/libsyn-9/superb-diamond-range Follow on: https://twitter.com/superbdiamondra https://www.youtube.com/channel/UCztKXSrR8fC4CbVVJ9aC8_w Contact the show: [email protected]

#28:

• Running always been part of my life ie. School days, Sports day & cross country.
• Keeping fit by running.
• Entering races with friends like 5k,10k and half Marathons.
• Taking the plunge into a full Marathon.
• Fear of failing.
• Doubters and naysayers ie. Work colleagues, Friends,Family & Acquantances.
• Training or lack of, danger!
• Big day experience, crowds and support.
• Doing it for charity, to raise money for important causes.
• Losing the fear.
• I'll be back! only in a rerun.

Podcast: https://podcasts.apple.com/us/podcast/superb-diamond-range/id930684983?mt=2 https://podcasts.google.com/?feed=aHR0cDovL3N1cGVyYmRpYW1vbmRyYW5nZS5saWJzeW4uY29tL3Jzcw https://tunein.com/podcasts/Educational/Superb-Diamond-Range-p677627/ https://www.stitcher.com/podcast/libsyn-9/superb-diamond-range Follow on: https://twitter.com/superbdiamondra https://www.youtube.com/channel/UCztKXSrR8fC4CbVVJ9aC8_w Contact the show: [email protected]