In this episode we Ian Dempsey, an independent financial advisor with nearly two decades of experience in the financial services industry. He brings a wealth of knowledge garnered from his extensive career, including roles in mortgage advising before venturing into financial advising.

In this episode we discuss:

- The proposed Cash ISA changes

- Overpaying your mortgage vs investing in the stock marker: Pro's and cons

- How to decide whether you Overpay your mortgage or Invest

- A financial advisor's view on Global Index Funds and ETF’s

- Is it ever too late to invest in the stock market

- Steps to start investing in the stock market today and more

Connect with Ian:

Instagram: https://www.instagram.com/idthemoneyman

TikTok: https://www.tiktok.com/@idthemoneyman

📩 Sign up to my mailing list to be the first to know about upcoming events:

http://eepurl.com/hJEcLL

🤝 Sponsor

Tide - Earn 3.81% AER Variable on your business savings here:

https://glnk.io/91954/ato8fr

You'll get a free £100 when you use the code ‘SAVVYWALLET' and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply.

New Tide members receive a 0.77% AER boost on the standard 3.04% AER on unlimited balances until 01/06/25, after that the standard rate applies with no interest earned on balances over £75,000. Rates correct as of 06/02/2025. Terms and conditions apply. Visit tide.co/savings for up to date rates.

🤝Partners

Check out our partners who offer Stocks and Shares ISA and more:

⚡️Trading 212⚡️(The investing platform I use)

Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: https://www.trading212.com/join/SAVVY

If you don't get the free share automatically after depositing £1. Use the code "SAVVY" in the promo code box. You can use this code for up to 10 days after opening the account.

When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply.

⚡️Hargreaves Lansdown ⚡️

http://hl.7eer.net/B0mz50

Capital at risk

⚡️Interactive Investor ⚡️

https://prf.hn/click/camref:1101l3RTLM/ar:SW

Capital at risk

Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you.

TIMESTAMPS

0:00 - Savvy Wallet Ad

0:18 - Preview

1:24 - Intro

1:59 - Meet Financial Advisor, Ian Dempsey

3:17 - Why I became a financial advisor

10:22 - Lessons from being a financial advisor

15:12 - The Buy Now Pay Later Problem

18:28 - Tide Ad

19:44 - How my clients grew their wealth

25:22 - Challenges my clients faced

27:03 - The rumoured Cash ISA changes are a bad idea

31:41 - How to navigate the Cash ISA changes

38:30 - Instead of changing the ISA do this!

42:37 - Overpaying mortgages vs Investing in the stock market: Pro’s and Cons

46:15 - Overpaying mortgages vs Investing: If interest rates go up

48:06 - Why do people overpay their mortgages?

49:52 - How to decide: Overpay your mortgage or Investing 

52:31 - Benefits to invest vs overpaying your mortgage

54:31 - The risks to investing vs overpaying your mortgage 

56:58 - Is it ever too late to invest?

1:01:00 - Building wealth even if you start investing later

1:02:22 - How to catch up with your investments 

1:06:51 - Everyone should do this with their pension accounts 

1:08:51 - Why it’s not the best idea to take on more risk 

1:14:16 - Financial Advisors view on Global Index Funds and ETF’s

1:17:05 - Is there an age where it’s risky to invest in Global Index Fund/ETFs

1:19:41 - Message for you: If you feel it’s too late to invest

1:21:46 - Steps to start investing in the stock market today

1:26:55 - Behavioural science of money 

1:35:21 - Final words

#FinancialPlanning

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In this episode we have Benedicta, who is a CIMA Qualified Accountant with over 13 years experience working in Government Finance, she’s a Finance Management Consultant, Public speaker and the founder of Beniratio Finances.

In this episode we discuss:

- Impact of Personal allowance being frozen

- Capital gains tax changes and what that means for you

- How businesses, employees and contractors are affected by the National Insurance changes

- How to pay less tax in April 2025

- Why you need to build wealth outside of the UK

- What to do before and after the 5th April 2025 and much more

Connect with Benedicta:

Website: https://beniratiofinances.com

Instagram: https://www.instagram.com/beniratiofinances

*NOTE*: Regarding the deferred remittance - According to GOV.UK, UK residents who are non-domiciled can choose to be taxed on the remittance basis, meaning they are only taxed on their UK income and gains, plus any foreign income and gains that they bring (remit) into the UK

📩 Sign up to my mailing list to be the first to know about upcoming events:

http://eepurl.com/hJEcLL

🤝 Sponsor

Tide - Earn 3.81% AER Variable on your business savings here:

https://glnk.io/91954/ato8fr

You'll get a free £100 when you use the code ‘SAVVYWALLET' and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply.

New Tide members receive a 0.77% AER boost on the standard 3.04% AER on unlimited balances until 01/06/25, after that the standard rate applies with no interest earned on balances over £75,000. Rates correct as of 06/02/2025. Terms and conditions apply. Visit tide.co/savings for up to date rates.

🤝Partners

Check out our partners who offer Stocks and Shares ISA and more:

⚡️Trading 212⚡️(The investing platform I use)

Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: https://www.trading212.com/join/SAVVY

If you don't get the free share automatically after depositing £1. Use the code "SAVVY" in the promo code box. You can use this code for up to 10 days after opening the account.

When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply.

⚡️Hargreaves Lansdown ⚡️

http://hl.7eer.net/B0mz50

Capital at risk

⚡️Interactive Investor ⚡️

https://prf.hn/click/camref:1101l3RTLM/ar:SW

Capital at risk

Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you.

TIMESTAMPS

0:00 - Preview

0:55 - Intro

1:30 - Meet Accountant Benedicta

8:30 - This is like them taxing you more!

13:41 - Tide Ad

15:07 - Legal ways to reduce taxable income

17:02 - Impact of the employee NI threshold being frozen

19:49 - Council tax going up by 5%

23:50 - This capital gains tax went up by 80%!

27:58 - How not to pay capital gains tax

29:46 - How the increase in capital gains tax changes everything

33:25 - You need to build wealth outside of the UK

36:33 - How to build wealth outside of the UK

42:25 - Using tax free accounts to not pay any tax!

47:33 - Charging employers more impacts the employees!

54:34 - The importance of the employment allowance increasing

56:20 - How NI changes impacts contractors

59:21 - Employee vs Business Owner in the UK

1:01:14 - Subscriber questions

1:05:15 - HMRC Self-Assessment change

1:07:27 - Key actions to take before and after 6th April

1:10:40 - Top tips for minimising taxes in 2025

1:12:28 - Final words

Disclaimer: The information contained on this video is not intended as, and shall not be understood or construed as, financial advice. I am not a financial advisor and the information in this video is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.

#FinancialPlanning

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In this week's episode we have Priya Gill Liaudet, who is a divorce lawyer and a family law specialist. With over 10 years assisting couples who are forming a union and want an agreement in place to safeguard their future as much as possible.

In this episode we discuss:

- How the legal system views marriage and finances

- Why money causes a breakdown in marriage

- How a pre-nuptial and post-nuptial agreement work

- What happens to a couple assets if they decide to divorce

- Whether cohabiting couples have any legal rights and much more

Connect with Priya Gill Liaudet:

Website: https://www.familylawyerlondon.co.uk

Instagram: https://www.instagram.com/family_lawyer_london

📩 Sign up to my mailing list to be the first to know about upcoming events:

http://eepurl.com/hJEcLL

🤝 Sponsor

Tide - Earn 3.81% AER Variable on your business savings here:

https://glnk.io/91954/ato8fr

You'll get a free £100 when you use the code ‘SAVVYWALLET' and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply.

New Tide members receive a 0.77% AER boost on the standard 3.04% AER on unlimited balances until 01/06/25, after that the standard rate applies with no interest earned on balances over £75,000. Rates correct as of 06/02/2025. Terms and conditions apply. Visit tide.co/savings for up to date rates.

➡️ Follow Savvy Wallet on:

Instagram: https://www.instagram.com/savvywallet

TikTok: https://www.tiktok.com/@savvywallet

🤝Partners

Check out our partners who offer Stocks and Shares ISA and more:

⚡️Trading 212⚡️(The investing platform I use)

Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: https://www.trading212.com/join/SAVVY

If you don't get the free share automatically after depositing £1. Use the code "SAVVY" in the promo code box. You can use this code for up to 10 days after opening the account.

When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply.

⚡️Hargreaves Lansdown ⚡️

http://hl.7eer.net/B0mz50

Capital at risk

⚡️Interactive Investor ⚡️

https://prf.hn/click/camref:1101l3RTLM/ar:SW

Capital at risk

Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you.

TIMESTAMPS

0:00 - Preview

1:15 - Intro

1:50 - Meet Family & Divorce Lawyer Priya

7:27 - Why does finances create an issue in relationships 

9:09 - How does the legal system view marriage and finances? 

12:49 - Tide Ad

14:05 - How does a pre-nuptial agreement work? 

18:59 - How to have the pre-nuptial conversation?

22:18 - Who benefits the most from a pre-nuptial agreement?

24:55 - What assets are considered by the law in a divorce 

27:10 - People hiding their assets from their partner

30:56 - Scenario 1: Married couple no children with assets together divorcing 

34:15 - Scenario 2: Married couple and one person brought an asset in 

38:50 - Scenario 3: Married couple, with assets and children 

40:59 - How does spousal support work

43:02 - How does child maintenance work

43:54 - How do the courts decide how much money each party gets?

45:56 - What should people update after a divorce?

46:50 - What is a no fault divorce?

49:19 - The impact of divorce on both parties

52:18 - Commons reasons why people file for divorce

55:41 - Scenario 4: Couple that aren’t married but one owns all the assets 

58:04 - Scenario 5: Cohabiting couple with children

1:01:14 - What is a Cohabiting agreement ? 

1:02:56 - What is a declaration of trust?

1:05:59 - How to have difficult money conversations? 

1:07:51 - Final words

Disclaimer: The legal discussions regarding marriage and finances in this video are based on the laws of England and Wales. Legal rules may vary in other jurisdictions, so please seek professional legal advice for your specific situation.

Learn more about your ad choices. Visit megaphone.fm/adchoices

In this week's episode we have Bejay Mulenga MBE, who is the founder of the training, recruitment and development company, Supa Network where he has worked with brands such as Apple, Google, Amazon, Sony Music, Uber, Coca-Cola, Facebook, Nike and much more.

In this episode we discuss:

- Bejay's creating his first business at 14 and earning £200k at 18

- Building a training business and working with Facebook and Apple

- Why you shouldn't quit your job too soon for a business

- How Bejay generated £5 million with his business

- How to overcome mental obstacles as an entrepreneur

- Lessons from 15 years of business and much more

Connect with Bejay:

Instagram: https://www.instagram.com/bejaymulenga

Linkedin: https://www.linkedin.com/in/bejaymulenga

📩 Sign up to my mailing list to be the first to know about upcoming events:

http://eepurl.com/hJEcLL

🤝 Sponsor

Tide - Earn 3.81% AER Variable on your business savings here:

https://glnk.io/91954/ato8fr

You'll get a free £100 when you use the code ‘SAVVYWALLET' and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply.

New Tide members receive a 0.77% AER boost on the standard 3.04% AER on unlimited balances until 01/06/25, after that the standard rate applies with no interest earned on balances over £75,000. Rates correct as of 06/02/2025. Terms and conditions apply. Visit tide.co/savings for up to date rates.

➡️ Follow Savvy Wallet on:

Instagram: https://www.instagram.com/savvywallet

TikTok: https://www.tiktok.com/@savvywallet

🤝Partners

Check out our partners who offer Stocks and Shares ISA and more:

⚡️Trading 212⚡️(The investing platform I use)

Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: https://www.trading212.com/join/SAVVY

If you don't get the free share automatically after depositing £1. Use the code "SAVVY" in the promo code box. You can use this code for up to 10 days after opening the account.

When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply.

⚡️Hargreaves Lansdown ⚡️

http://hl.7eer.net/B0mz50

Capital at risk

⚡️Interactive Investor ⚡️

https://prf.hn/click/camref:1101l3RTLM/ar:SW

Capital at risk

Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you.

TIMESTAMPS

0:00 - Preview

1:10 - Intro

1:46 - Meet Creative Entrepreneur Bejay Mulenga MBE

7:04 - Growing up in East London 

12:16 - Tide Ad

13:40 - Creating my first business at 14

16:23 - Making over £200k at 18

23:08 - Working with Facebook in 2017 

25:16 - How to work with brands like Facebook, Apple etc 

27:40 - Success has many fathers 

33:25 - The importance of patience

35:04 - Creating the UK’s first pop up market

36:10 - How Bejay achieved so much at 19

39:36 - I’ve never been comfortable in business!

48:13 - Building an influencer marketing platform at 22

52:29 - Don’t leave your job to start a business!

58:11 - How I generated £5 million in revenue in 10 years

1:01:12 - Why I continue to show up even after 15 years of business

1:04:23 - What next set of problems could society have

1:07:57 - Key lessons from 15 years of business

1:12:23 - Overcoming mental obstacles

1:18:37 - What mistake would I change ?

1:23:53 - Inspiration for wanting to help people with their health

1:27:25 - How I’m helping people with their health

1:32:19 - Advice to new entrepreneurs

1:34:38 - Final words

Learn more about your ad choices. Visit megaphone.fm/adchoices

In this week's episode we have Lord John Lee, a House of Lords member, former MP, a Stock Market Investor with over 60 years of experience and author of the book “How To Make A Million Slowly Guiding Principles From A Lifetime of Investing”.

In this episode we discuss:

- Lessons John has learnt from 60 years of investing

- How he became the UK's First ISA Millionaire in 2003

- The strategy he used to build his portfolio to £1 million+

- How he achieved an average annual return of 21%

- How you can build a £1 million portfolio too

- How to stay patient during stock market crashes and much more

Connect with Lord John Lee:

Lee and the IC on Youtube

Lee and the IC website

Grab John's books

- How To make A Million Slowly: https://amzn.to/41jJRdv

- Yummi Yoghurt: A First Taste of Stock Market Investment: https://amzn.to/4hYKwbv

📩 Sign up to my mailing list to be the first to know about upcoming events:

http://eepurl.com/hJEcLL

🤝 Sponsor

Tide - Earn 3.81% AER Variable on your business savings here:

https://glnk.io/91954/ato8fr

You'll get a free £100 when you use the code ‘SAVVYWALLET' and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply.

New Tide members receive a 0.77% AER boost on the standard 3.04% AER on unlimited balances until 01/06/25, after that the standard rate applies with no interest earned on balances over £75,000. Rates correct as of 06/02/2025. Terms and conditions apply. Visit tide.co/savings for up to date rates.

➡️ Follow Savvy Wallet on:

Instagram: https://www.instagram.com/savvywallet

TikTok: https://www.tiktok.com/@savvywallet

🤝Partners

Check out our partners who offer Stocks and Shares ISA and more:

⚡️Trading 212⚡️(The investing platform I use)

Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: https://www.trading212.com/join/SAVVY

If you don't get the free share automatically after depositing £1. Use the code "SAVVY" in the promo code box. You can use this code for up to 10 days after opening the account.

When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply.

⚡️Hargreaves Lansdown ⚡️

http://hl.7eer.net/B0mz50

Capital at risk

⚡️Interactive Investor ⚡️

https://prf.hn/click/camref:1101l3RTLM/ar:SW

Capital at risk

Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you.

TIMESTAMPS

0:00 - Preview

1:05 - Intro

1:40 - Meet UK’s First ISA Millionaire Lord John Lee

8:51 - What inspired me to start investing in 1958 

12:23 - What I now realise about investing 

20:07 - Tide Ad

21:31 - Turning point that helped me become a better investor

26:13 - How build a £1 million portfolio with £126,200 over 16 years 

33:28 - Other key factors to fuel growth to £1 million

36:24 - Why I invest in UK smaller companies but not startup companies

42:10 - My best performing investments 

48:01 - How I achieved an Annual Average Return of 20%

56:11 - Does Lord John Lee’s investing strategy still work today?

59:34 - Why I invested in stocks and not funds 

1:01:35 - How I stayed patient during stock market crashes 

1:04:41 - Was Lord John Lee tempted to sell once he hit £1 million ?

1:06:08 - Did my strategy change when I reached £1 million

1:08:43 - Two companies I’m currently invested in

1:12:51 - Sectors that could be good in the next 5-10 years 

1:15:25 - How to start your journey to a £1 million investment portfolio

1:18:20 - Why there’s such few ISA Millionaires in the UK 

1:19:45 - Why it’s important to invest 

1:22:08 - Lessons from 60 years in investing 

1:23:55 - John’s Investment books

1:27:19 - Final words

#FinancialPlanning

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In this week's episode we have ex-recruiter and proposal manager Amie Touray who is a former pharmaceutical recruiter where she helped job seekers land roles in the industry. She is now a proposal manager in clinical research and the founder of For My Interview.

In this episode we discuss

- Why the Job market in the UK and globally is so tough

- How to effectively prepare for an interview

- Using the SELL method to stand out in an interview

- Behaviours of the best and worst interviewers

- How to ask for the salary you want and much more!

Connect with Amie:

https://www.tiktok.com/@formyinterview

https://www.instagram.com/formyinterview

📩 Sign up to my mailing list to be the first to know about upcoming events:

http://eepurl.com/hJEcLL

🤝 Sponsor

Tide - Earn 3.81% AER Variable on your business savings here:

https://glnk.io/91954/ato8fr

You'll get a free £100 when you use the code ‘SAVVYWALLET’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply.

New Tide members receive a 0.77% AER boost on the standard 3.04% AER on unlimited balances until 01/06/25, after that the standard rate applies with no interest earned on balances over £75,000. Rates correct as of 06/02/2025. Terms and conditions apply. Visit tide.co/savings for up to date rates.

➡️ Follow Savvy Wallet on:

Instagram: https://www.instagram.com/savvywallet

TikTok: https://www.tiktok.com/@savvywallet

🤝Partners

Check out our partners who offer Stocks and Shares ISA and more:

⚡️Trading 212⚡️(The investing platform I use)

Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: https://www.trading212.com/join/SAVVY

If you don't get the free share automatically after depositing £1. Use the code "SAVVY" in the promo code box. You can use this code for up to 10 days after opening the account.

When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply.

⚡️Hargreaves Lansdown ⚡️

http://hl.7eer.net/B0mz50

Capital at risk

⚡️Interactive Investor ⚡️

https://prf.hn/click/camref:1101l3RTLM/ar:SW

Capital at risk

Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you.

TIMESTAMPS

0:00 - Preview

1:22 -Intro

1:57 - Meet Interview Expert & Proposal Manager Amie

4:30 - Lessons from working in recruitment 

14:41 - What are the different types of interview formats

17:38 - Tide Ad

19:02 - How to prepare effectively for an interview (Using the SELL method)

27:55 - How to get better at interviewing? 

32:38 - Behaviours of the best and worst interviewers 

36:39 - How to figure out what the employers are looking for

42:00 - How to stand out in your next interview 

51:04 - 3 things to do and not to do in every interview

55:37 - How prepare for a job where you don’t have any experience

1:02:26 - Behavioural question 1: How to answer: “How would you describe yourself”

1:06:22 - Behavioural question 2: How to answer: “What’s your greatest weakness

1:12:15 - Why’s it so tough to get a job right now?

1:20:42 - Salary: Rules for asking for what you really want? 

1:30:10 - How to pass your probation 

1:33:12 - What to do if you’re not successful in your interviews?

1:36:41 - Final Words

Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode we have Pete Matthew a 27-year veteran Chartered Financial Planner and the creator of Meaningful Money where he has developed over 600 videos and 550 podcast episodes, helping countless people understand how money works and how to make it work for them and he's the author of "The Meaningful Money Handbook".

In this episode we discuss:

- Stocks and Shares ISA vs Workplace Pensions v SIPPs

- How to much money you need in your pension to retire

- What to invest in your pension

- Living now vs investing in your pension

- How to avoid the UK Pension crisis and much more

Connect with Pete:

https://www.youtube.com/@MeaningfulMoney

https://meaningfulmoney.tv/

📩 Sign up to my mailing list to be the first to know about upcoming events:

http://eepurl.com/hJEcLL

🤝 Sponsor

Yesim - Get €5 off any plan with my code: savvy5

https://bit.ly/41OAO6i

Tide - Earn 3.81% AER Variable on your business savings here:

https://glnk.io/91954/ato8fr

You'll get a free £100 when you use the code ‘SAVVYWALLET' and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply.

New Tide members receive a 0.77% AER boost on the standard 3.04% AER on unlimited balances until 01/06/25, after that the standard rate applies with no interest earned on balances over £75,000. Rates correct as of 06/02/2025. Terms and conditions apply. Visit tide.co/savings for up to date rates.

Invoice Home - Create a FREE invoice with hundreds of templates here:

https://invoicehome.com/to/savvy-wallet-audio

➡️ Follow Savvy Wallet on:

Instagram: https://www.instagram.com/savvywallet

TikTok: https://www.tiktok.com/@savvywallet

🤝Partners

Check out our partners who offer Stocks and Shares ISA and more:

⚡️Hargreaves Lansdown ⚡️

http://hl.7eer.net/B0mz50

Capital at risk

⚡️Interactive Investor ⚡️

https://prf.hn/click/camref:1101l3RTLM/ar:SW

Capital at risk

Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you.

00:00 - Preview

01:19 - Intro

01:55 - Meet Chartered Financial Planner Pete Matthews

05:44 - Money advice that changed my life 

10:56 - Yesim Ad

12:01 - Why pensions are so powerful

18:30 - How does money in a pension grow

21:51 - Tide Ad

23:16 - Cons of putting money into a pension 

27:53 - What’s the difference between a stocks and shares ISA and Pensions

30:08 - The amount you can put into a pension without getting taxed

34:57 - Invoice Home ad

35:57 - What’s a Self Invested Personal Pensions (SIPP) ? 

38:08 - This is the problem with a workplace pension…

39:10 - Why you need to contribute to your pensions

39:59 - What investments should you have in your pension?

48:39 - How does your investing strategy change approaching retirement?

58:20 - Example: How much pension would A 35 year old with a £37k salary get?

01:05:25 - How to figure out how much you need when retired?

01:08:39 - How to reduce tax with a pension if you’re self-employed 

01:12:06 - Why is it important to invest early in your pension 

01:15:54 - How to balance living for now vs investing in your pension

01:18:58 - How to minimise your pensions fees 

01:22:26 - You don’t need more than one pension pot

01:25:38 - UK Pension Crisis

01:30:30 - What to consider aside from pension

01:37:46 - Budget changes for the pension

01:42:22 - Pete’s Pension book

01:44:26 - Final Words

#FinancialPlanning

Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode we have Ken and Mary Okoroafor, founders of award winning companies “The Humble Penny” and “Financial Joy Academy”, they are financial coaches, best selling author of the book “Financial Joy, a 10-week plan to help you banish debt, grow your money and unlock financial freedom” and international speakers.

In this episode we discuss:

- The importance of winning back some of your freedom

- Unconventional activities Ken and Mary did to achieve financial freedom

- The importance of stewarding every part of your money

- A framework for pursuing financial freedom

- Is the financial situation in the UK as bad as it seems

- Whether you can still become financial free in the UK and much more

Connect with Ken and Mary:

https://thehumblepenny.com

https://www.youtube.com/thehumblepenny

Grab a copy of Ken and Mary’s book “Financial Joy” here:

https://amzn.to/4gxvRm4

📩 Sign up to my mailing list to be the first to know about upcoming events:

http://eepurl.com/hJEcLL

🤝Sponsor

Tide - Earn 3.81% AER Variable on your business savings here:

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You'll get a free £100 when you use the code ‘SAVVYWALLET' and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply.

New Tide members receive a 0.77% AER boost on the standard 3.04% AER on unlimited balances until 01/06/25, after that the standard rate applies with no interest earned on balances over £75,000. Rates correct as of 06/02/2025. Terms and conditions apply. Visit tide.co/savings for up to date rates.

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Yesim - Get €5 off any plan with my code "savvy5"

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Check out our partners who offer Stocks and Shares ISA and more:

⚡️Trading 212⚡️(The investing platform I use)

Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: https://www.trading212.com/join/SAVVY

If you don't get the free share automatically after depositing £1. Use the code "SAVVY" in the promo code box. You can use this code for up to 10 days after opening the account.

When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply.

⚡️Hargreaves Lansdown ⚡️

http://hl.7eer.net/B0mz50

Capital at risk

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https://prf.hn/click/camref:1101l3RTLM/ar:SW

Capital at risk

Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you.

TIMESTAMPS

0:00 - Savvy Wallet Ad

0:18 - Preview

1:21 - Intro

1:55 - Meet Ken & Mary from The Humble Penny

5:37 - What most people don’t know about Ken and Mary

9:00 - Tide Ad

10:35 - Why we pursued financial freedom 

17:29 - Anticipation is necessary to manage money

18:52 - What does financial freedom mean to The Humble Penny

22:32 - My workplace wanted to own all of my time

24:46 - How we achieved financial freedom?  

27:08 - The POST framework 

29:41 - From cleaner to Chief Financial Officer! 

37:08 - Why 95% of people won’t achieve financial freedom

39:21 - You have to be obsessed to achieve financial freedom

45:58 - Every pound has a value!

49:59 - Impact of a successful marriage 

53:28 - Practical tips for discussing money in a couple

58:04 - Is the financial situation in the UK as bad as it seems?

1:06:52 - Is financial freedom still possible in the UK? 

1:09:02 - Becoming a Millionaire from investing 

1:16:38 - You need to do unconventional things to achieve wealth 

1:20:31 - Define what your financial joy is 

1:22:25 - What inspired us to create our book Financial Joy

1:26:31 - Final words

#FinancialPlanning

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In this episode we have Sahil Bloom is an inspirational writer providing actionable ideas to help people build a high performing, healthy, wealthy life. He’s also the author of the book "The 5 Types of Wealth"

In this episode we discuss:

- How we're playing the wrong wealth building game

- Working smart vs working hard

- The 5 types of wealth

- How to define your 'enough' life

- The dangers of just pursuing financial wealth

- How to change your life in a year and much more!

🔗 Connect with Sahil:

https://www.sahilbloom.com

https://www.instagram.com/sahilbloom

Grab a copy of Sahil's book "The 5 Types Of Wealth" here:

https://amzn.to/3PYtmyj

📩 Sign up to my mailing list to be the first to know about upcoming events:

http://eepurl.com/hJEcLL

🤝Sponsor

Tide - Earn 3.81% AER Variable on your business savings here:

https://glnk.io/91954/ato8fr

You'll get a free £100 when you use the code ‘SAVVYWALLET’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply.

New Tide members receive a 0.77% AER boost on the standard 3.04% AER on unlimited balances until 01/06/25, after that the standard rate applies with no interest earned on balances over £75,000. Rates correct as of 06/02/2025. Terms and conditions apply. Visit tide.co/savings for up to date rates.

➡️ Follow Savvy Wallet on:

Instagram: https://www.instagram.com/savvywallet

TikTok: https://www.tiktok.com/@savvywallet

🤝Partners

Yesim - Get €5 off any plan with my code "savvy5"

https://bit.ly/41OAO6i

Check out our partners who offer Stocks and Shares ISA and more:

⚡️Trading 212⚡️(The investing platform I use)

Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: https://www.trading212.com/join/SAVVY

If you don't get the free share automatically after depositing £1. Use the code "SAVVY" in the promo code box. You can use this code for up to 10 days after opening the account.

When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply.

⚡️Hargreaves Lansdown ⚡️

http://hl.7eer.net/B0mz50

Capital at risk

⚡️Interactive Investor ⚡️

https://prf.hn/click/camref:1101l3RTLM/ar:SW

Capital at risk

Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you.

TIMESTAMPS

00:00 - Savvy Wallet Ad

00:18 - Preview

01:39 - Intro

02:14 - Meet Sahil Bloom

05:15 - A lot of success is based on assumptions 

08:12 - Tide Ad

09:47 - Growing up in Boston, USA

13:11 - I made millions and still wasn’t fulfilled 

15:21 - The moment I knew I had to change my life

17:47 - Anyone can change their life in a year! 

21:59 - When you’re young you can’t work smart! 

26:35 - How to change your life in a year 

30:16 - What are the five types of wealth 

31:51 - How to define your “enough” life 

34:04 - How to stop people impacting your expectations 

37:56 - How your expectations are a liability 

43:01 - How to develop your financial wealth 

48:57 - Salesmanship is the most important 

51:32 - The 3 pillars of financial wealth

56:26 - The dangers of pursuing just financial wealth 

57:22 - How to use financial wealth to build the other 4 types of wealth

01:01:30 - The importance of investing in assets

01:04:43 - Lessons from best selling book: “Just Keep Buying” 

01:06:30 - How much should you allocate to your investments 

01:09:53 - The biggest investment you can make is yourself! 

01:14:17 - Lessons from working in venture capital

01:19:02 - The five types of wealth book

01:21:41 - This one wisdom changed my life

01:23:17 - Final words

Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode we have UK Mortgage Advisor, Dan Knott who has helped hundreds of first time buyers secure their first mortgages.

In this episode we discuss:

- How credit impacts your mortgage options

- Whether you can use stocks, crypto, pensions, side hustle income for a mortgage

- Getting a mortgage as a self-employed person

- What to do if you're a struggling landlord

- What to do if you're remortgage is coming up

- Stamp duty changes and more

🔗 Connect with Dan:

https://www.instagram.com/dandoesmortgages_

https://www.linkedin.com/in/dan-knott-1740b31b0

📩 Sign up to my mailing list to be the first to know about upcoming events:

http://eepurl.com/hJEcLL

🤝Sponsor

Tide - Earn 3.81% AER Variable on your business savings here:

https://glnk.io/91954/ato8fr

You'll get a free £100 when you use the code ‘SAVVYWALLET’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply.

New Tide members receive a 0.77% AER boost on the standard 3.04% AER on unlimited balances until 01/06/25, after that the standard rate applies with no interest earned on balances over £75,000. Rates correct as of 06/02/2025. Terms and conditions apply. Visit tide.co/savings for up to date rates.

➡️ Follow Savvy Wallet on:

Instagram: https://www.instagram.com/savvywallet

TikTok: https://www.tiktok.com/@savvywallet

🤝Partners

Yesim - Get €5 off any plan with my code "savvy5"

https://bit.ly/41OAO6i

Check out our partners who offer Stocks and Shares ISA and more:

⚡️Hargreaves Lansdown ⚡️

http://hl.7eer.net/B0mz50

Capital at risk

⚡️Interactive Investor ⚡️

https://prf.hn/click/camref:1101l3RTLM/ar:SW

Capital at risk

Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you.

TIMESTAMPS

00:00 - Savvy Wallet Ad

00:18- Preview

01:23 - Intro

01:59 - Meet Mortgage Advisor Dan Knott 

05:33 - The amount of first time buyers in 2024 vs 2023 

07:52 - House prices in 1997 was 5x salary

10:07 - Tide Ad

11:41 - Labour’s pledge to build 1.5 million homes

12:57 - Things you should think about prior to getting a Mortgage 

15:08 - How your credit score & report impacts mortgage options

20:05 - The impact of a missed payment, default or CCJ

22:57 - Buy Now Pay Later & Mortgages

28:52 - How to improve your credit score 

29:45 - What other information is important for a mortgage?

31:44 - How much mortgage can you get with your income? 

38:40 - Using crypto, stocks, pensions or property for a mortgage

43:35 - Can side hustle income be used for a mortgage?

45:47 - Any income or deposit sources a lender wouldn’t consider?

48:34 - How do lenders determine affordability? 

52:10 - Can car finance stop you getting a property? 

56:15 - How is the term length of a mortgage determined?

01:01:09 - Getting a mortgage as a Self-employed person

01:04:34 - Don’t attempt Mortgage fraud

01:06:38 - If you start a new job can you get a mortgage? 

01:08:29 - Does business experience impact your mortgage offer? 

01:09:29 - How a mortgage advisor can help you to get the best interest rate

01:13:39 - What to do if you’re struggling landlord

01:15:24 - What to do if your remortgage is coming up?

01:20:38 - Stamp duty changes

01:25:23 - Fixed mortgages: 2 year vs 5 year

01:26:55 - How to choose the right mortgage advisor 

01:28:16 - Final words

#FinancialPlanning

Learn more about your ad choices. Visit megaphone.fm/adchoices