The Making Cents Podcast

The Making Cents Podcast

By The Making Cents PodcastEducation
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The Making Cents Podcast episodes

  • WTF is Currency Trading? - E46
    This week on Making Cents the team go over world of foreign exchange (forex or FX) and currency trading; including some of the recent events such as the Turkish Lira and the impact of Brexit on the Pound. The forex market is open 24 hours, 5 days a week and is the largest asset class that can be traded.
    High liquidity (how fast you can buy and sell) plus leverage (borrowing money to trade), make the forex market very enticing for professional and amateur investors alike. As such we think it Makes Cents for you to have at least a basic knowledge of how it works.
    Topics covered include:
    • Why are there fluctuations in foreign exchange rates?
    • What drives the changes in exchange rates?
    • Is there a natural rate at which currencies should exchange?
    • How can you make money from trading currencies?
    • What are the dangers from trading currencies?
    • Are there any other ways of making money from currencies other than trading?
    As always thanks for listening and hope you enjoyed
    MCP Team
    PS apologies for last week’s poor sound quality, this episode (E44: China in Africa) has been re-edited and sounds much better now.
    Links:
    What Is Forex? SIMPLIFIED
    https://youtu.be/NhFlqFVBmxc
    What is Foreign Exchange?
    https://www.investopedia.com/terms/f/foreign-exchange.asp
    Take-Profit Order - T/P
    https://www.investopedia.com/terms/t/take-profitorder.asp
    Stop-Loss Order
    https://www.investopedia.com/terms/s/stop-lossorder.asp
    Factors that influence exchange rates?
    https://www.investopedia.com/articles/basics/04/050704.asp
    Why foreign exchange market matters?
    https://www.ft.com/content/a3b9e74c-ba6f-11e3-aeb0-00144feabdc0
    Beginners guide to currency trading?
    https://www.independent.co.uk/money/beginners-guide-to-currency-trading-a7568956.html
    Don't be shy to contact us!
    Making Cents Team:
    Twitter & Instagram: @MakingCentsPC
    Sam
    Twitter: @Ms_sammi_xx
    Instagram: samma_xx
    Jay
    Twitter: @IMJ_33
    Instagram: think_king_jay
    Kalisha
    Twitter: @Miss_K_Vang
    Instagram: MissKVang
    Francis
    Twitter: @FrancisAddai_
    For enquiries and bookings please contact John
    Twitter: @AxumManagement
    Instagram: axummanagement
    53 min
  • What kind of Tourist are YOU? - E45
    We often talk about our 'Home' Countries and how we'd love to see them prosper...but the question is, what are we doing to help this happen? One of the simple ways to help a Country is to arrange a visit. Simple as that (cost depending, of course). Be a Tourist.
    Further to feedback and an episode idea from a listener we decided to record an episode on Tourism and its benefits. We also spoke about our travel habits and what we could do to have a more positive impact.
    Topics covered include:
    • Economic, Social and Environmental benefits of Tourism
    • Tourism as a business on a global level
    • The most popular Countries
    • The development of Dubai
    • Tourism in London
    • The drawbacks of Tourism
    As always thank you for listening and don’t forget to rate, subscribe and comment. 5 stars PLEASE!!!!!!!!
    Don't be shy to contact us!
    MCP Team
    Links:
    https://blog.udemy.com/advantages-of-tourism/
    https://www.forbes.com/pictures/ehlk45iehm/1-bangkok/#476478e11b25
    https://youtu.be/Hl1oaVL7qnI
    http://www.tourismtoday.com/training-education/tourism-careers/about-industry
    https://www.statista.com/topics/962/global-tourism/
    https://youtu.be/NyVI2tiRBeE
    https://www.visitbritain.org/latest-monthly-data-1
    https://www.visitbritain.org/nation-region-county-data
    https://www.visitbritain.org/sites/default/files/vb-corporate/Documents-Library/documents/2014-10%20Exploring%20Great%20Britain%20research%20%E2%80%93%20Emerging%20Markets.pdf
    https://www.visitbritain.org/sites/default/files/vb-corporate/Documents-Library/documents/2014-10%20Exploring%20Great%20Britain%20research%20%E2%80%93%20Emerging%20Markets.pdf
    https://www.reuters.com/article/us-dubai-tourism/dubai-aims-to-triple-tourism-income-by-2020-idUSBRE94306P20130504?feedType=RSS&feedName=businessNews
    https://www.thefirstgroup.com/en/news/2017/1/tourisms-contribution-to-dubais-economy-revealed/
    https://www.visitdubai.com/en/tourism-performance-report
    https://www.wttc.org/-/media/files/reports/economic-impact-research/regions-2018/world2018.pdf
    Making Cents Team:
    Twitter & Instagram: @MakingCentsPC
    Sam
    Twitter: @Ms_sammi_xx
    Instagram: samma_xx
    Jay
    Twitter: @IMJ_33
    Instagram: thinkkingjay
    Kalisha
    Twitter: @Miss_K_Vang
    Instagram: MissKVang
    Francis
    Twitter: @FrancisAddai_
    For enquires and bookings please contact Axum Management
    Twitter: @AxumManagement
    Instagram: axummanagement
    53 min
  • WTF is Quantitative Easing? - ft Disunomics - E42
    Quantitative Easing (QE) was the main tool used by Bank of England in response to the 2008 Financial Crisis or Credit Crunch. What started as an economic theory and experiment has been in place for near 10 years and has shaped much of the economy we live in today.
    In this week’s episode the team are joined by Disunomics to discuss the many aspects of QE, how it’s impacted everyday people and how it will change in the future.
    Topics covered include:
    • What is QE and why is it conducted?
    • How does it impact the average person on the street?
    • What are the side effects on the economy?
    • Who gains least / most?
    • What are the alternatives to QE UK specific?
    • What is the impact of QE in different countries?
    • What is quantitative tightening?
    Thank you for listening and don’t forget to rate, subscribe and comment.
    MCP Team
    Don't be shy to contact us!
    Links:
    European Central Bank (ECB): How quantitative easing works
    https://www.ecb.europa.eu/explainers/show-me/html/app_infographic.en.html
    Investopedia: What is 'Quantitative Easing?
    https://www.investopedia.com/terms/q/quantitative-easing.asp
    Bloomberg: Quantitative Tightening
    https://www.bloomberg.com/news/articles/2018-07-09/after-years-of-easing-meet-quantitative-tightening-quicktake
    Making Cents Team:
    Twitter & Instagram: @MakingCentsPC
    Sam
    Twitter: @Ms_sammi_xx
    Instagram: samma_xx
    Jay
    Twitter: @IMJ_33
    Instagram: think_king_jay
    Kalisha
    Twitter: @Miss_K_Vang
    Instagram: MissKVang
    Francis
    Twitter: @FrancisAddai_
    For enquiries and bookings please contact Axum Management
    Twitter: @AxumManagement
    Instagram: axummanagement
    52 min
  • Episode 41: The Social Media Economy
    It’s fair to say that since the introduction of initial sites like Face-pic, social media has grown so much that it forms a significant part of society. From the things we buy, the views we hold and the way we vote, it’s safe to say that social media is a “THING”.
    In this week’s episode, we cover The Social Media Economy and how money is made and spent. Whether you have plans of becoming an influencer, know someone who is or merely use social media like a normal person; you will be sure to find out something you didn’t know.
    Topics covered include:
    • Our personal experience with social media
    • How do social media platforms make money?
    • How much are they making?
    • How do “Influencers” make money on YouTube, Instagram, Twitter and via blogging?
    • Does the social media economy drive certain behaviours?
    • Can you fake it until you make it?
    Thank you for listening and don’t forget to rate, subscribe and comment.
    MCP Team
    Don't be shy to contact us!
    Making Cents Team:
    Twitter & Instagram: @MakingCentsPC
    Sam
    Twitter: @Ms_sammi_xx
    Instagram: samma_xx
    Jay
    Twitter: @IMJ_33
    Instagram: think_king_jay
    Kalisha
    Twitter: @Miss_K_Vang
    Instagram: MissKVang
    Francis
    Twitter: @FrancisAddai_
    For enquiries and bookings please contact Axum Management
    Twitter: @AxumManagement
    Instagram: axummanagement
    59 min
  • Episode 40: The Cost of Technology
    Unless you have been hiding under a rock without Wi-Fi, you will have noticed that Technology, or Tech as the cool kids call it, is becoming a bigger and bigger part of our lives. It’s clear to see that the technological revolution is here, which brings the opportunity to SPEND and MAKE a lot of MONEY!!!!!!!!!!!!!!!
    This week the team introduce the topic and cover some of the keys drivers in the Tech industry. Whether you’re someone with all the latest gadgets like robot vacuums or still using your Noika 3210, you will find this episode interesting.
    Topics covered include:
    • Tech’s role in society and future developments
    • Our personal experiences of spending on tech
    • How much do people spend on Tech in general?
    • How are people financing Tech purchases?
    • Apple vs the World
    • What are the government regulations?
    As always thank you for listening and don’t forget to rate, subscribe and comment. 5 stars of course LOL
    MCP Team
    Don't be shy to contact us!
    Links:
    Laptop buyer guide
    https://www.digitaltrends.com/computing/laptop-buying-guide/
    IDC report on PC Market industry expectations
    https://www.idc.com/getdoc.jsp?containerId=prUS43734318
    Making Cents Team:
    Twitter & Instagram: @MakingCentsPC
    Sam
    Twitter: @Ms_sammi_xx
    Instagram: samma_xx
    Jay
    Twitter: @IMJ_33
    Instagram: think_king_jay
    Kalisha
    Twitter: @Miss_K_Vang
    Instagram: MissKVang
    Francis
    Twitter: @FrancisAddai_
    For enquires and bookings please contact Axum Management
    Twitter: @AxumManagement
    Instagram: axummanagement
    49 min
  • Episode 39: The Ins & Outs of the Gig Economy
    What is the Gig Economy? Who is in the Gig Economy? Why should I care?
    Well, this week’s episode will answer all those questions and hopefully a bit more. With the rise of online apps such as Deliveroo, Uber and Upwork, more and more people are able to gain flexible employment that suits their lifestyle. However, is this a good thing for everyone and what will it mean for the future of work?
    Topics covered include:
    • What exactly is the definition of the Gig Economy?
    • What are the most common platforms used?
    • What kind of people work in the Gig Economy?
    • How much are people earning in the Gig Economy?
    • What are the benefits/dangers to employees and employers?
    • How is the government being impacted?
    • Recent scandals involving big firms and their implications
    As always thank you for listening and don’t forget to rate, subscribe and comment. 5 stars PLEASE!!!!!!!!
    MCP Team
    Don't be shy to contact us!
    Making Cents Team:
    Twitter & Instagram: @MakingCentsPC
    Sam
    Twitter: @Ms_sammi_xx
    Instagram: samma_xx
    Jay
    Twitter: @IMJ_33
    Instagram: think_king_jay
    Kalisha
    Twitter: @Miss_K_Vang
    Instagram: MissKVang
    Francis
    Twitter: @FrancisAddai_
    For enquires and bookings please contact Axum Management
    Twitter: @AxumManagement
    Instagram: axummanagement
    50 min
  • Episode 37: I Bet You Any Money....
    With the World Cup in Russia underway, the team decided to discuss one of the major parts of all sports events, GAMBLING!!!! Whether it's going into your local bookmaker, downloading an app or taking part in the office sweepstake most people have taken part in one form of gambling or another.
    Topics covered include:
    • Regulatory changes to Fixed Odds Betting Terminals
    • The amount of money spent in the UK on gambling
    • How gambling compares to Investing and Insurance
    • The impact on society and potential issues
    • Impact of technology specifically the use of smartphones
    • Why the House ALWAYS wins?
    If you are currently suffering from gambling addiction or are impacted by someone who does, please get in contact with GamCare (link below), who offer information, advice, support and free counselling for the prevention and treatment of problem gambling
    As always thank you for listening and don’t forget to rate, subscribe and comment. 5 stars PLEASE!!!!!!!!
    Don't be shy to contact us!
    MCP Team
    Links:
    Help with gambling addiction
    http://www.gamcare.org.uk/
    Making Cents Team:
    Twitter & Instagram: @MakingCentsPC
    Sam
    Twitter: @Ms_sammi_xx
    Instagram: samma_xx
    Jay
    Twitter: @IMJ_33
    Instagram: think_king_jay
    Kalisha
    Twitter: @Miss_K_Vang
    Instagram: MissKVang
    Francis
    Twitter: @FrancisAddai_
    For enquires and bookings please contact Axum Management
    Twitter: @AxumManagement
    Instagram: axummanagement
    52 min

About The Making Cents Podcast

From the publisher's feed

#MakingCentsPodcast is a podcast for us by us, with the aim to provide a commentary on what is going on the world which impacts our lives and our money. We hope our discussions will help Improve and provide financial literacy, debunk and demystify financial jargon into simple and light hearted language that you can understand and appreciate. We will also fact check statements made by public figures, discuss current events and brekaodwn how they may impact you and your cash.