Podcasts related to Personal Finance

Lockdown Britain has produced a nation of savers, ONS figures showed this week, with people salting away almost 30% of their disposable income on average. But for those hoping that we might finally have got the savings habit, there’s a catch. Those figures cover April to June, a three-month period when most shops were shut, along with pubs, restaurants, hotels and B&Bs, and going on holiday was a near-impossible task. Deprived of the opportunity to spend, Britain put money aside instead – but is not spending the same as saving? On this week’s podcast, Simon Lambert, Lee Boyce and Georgie Frost dive into the lockdown saving phenomenon and look at what triggered it, whether there was anything other than an inability to spend that drove saving so much higher than in previous recessions and how the paradox of thrift plays out. They also look at where people can put the money they have set aside – with interest on savings deals negligible – and whether the sudden imposition of a savings habit bodes well for people building up better nest eggs when life gets back to normal.Some won’t have been so lucky in lockdown, however, with job losses mounting. The team look at how this affects those already committed to moving home. And finally, are brand new mobile phones a waste of money? Chasing the latest handset is an expensive game, but a new breed of cheap but high quality phones are changing the minds of some of those committed to holding onto old ones.

Financial health is a crucial part of overall wellbeing, and yet we don’t talk about money. Listen to our experts: Maya Prabhu, Managing Director and Head of Wealth Advisory at J.P. Morgan Private Bank; and Kelly Hearn, psychotherapist and ex-investment manager, as they share their thoughts with Tamara Gillan on how and why you should be talking to your children about money from a young age.

Tiffany Aliche explains how she went from being unemployed and in debt, to founding a multimillion-dollar business – all while providing life-changing financial education.

After a great deal of fuss about air bridges and people being able to go on summer holiday, things suddenly changed last weekend. A swift about turn saw a 14 day quarantine period imposed for those arriving in the UK from Spain at just six hours’ notice, hitting tens of thousands of holidaymakers who are there already, those with trips booked and leaving Britons hoping for some Spanish sunshine stuck in travel limbo… again. So is this the end of summer holidays for 2020? Are holidays to Spain off the cards for some time, and can you go to France, Italy, Greece or anywhere else safe in the knowledge you can come home and not have to take an extra fortnight off work? On this week’s podcast Georgie Frost – in Spain and facing a 14 day quarantine if she can get back – is joined by Simon Lambert and Grace Gausden to talk holidays, travel insurance, refunds, air bridges and whether even a staycation is safe. Plus, as savings rates take another tumble should you lock your money away for five years at 1.1 per cent just to protect against further falls? And finally, is buy-to-let back? A stamp duty cut, low rates and a weaker property market has got property investors interested again but are they saving money now just to lose it in future?

In an unpredicted turn of events, the coronavirus lockdown has been good for some when it comes to their bank balances. People collectively tucked away £30billion in savings accounts in March and April, around three times as much as the two months previous - with this credited to surplus cash and moving money to safety. A large slab of that went into easy-access accounts despite plunging rates. Meanwhile, we cleared a record amount of personal debt, according to Bank of England figures. The ONS says households are spending £183 less a week, but while some might be lucky to salt that away, many wouldn't come anywhere near it. Lockdown saving is not a universal picture. Many are facing up to lost income or losing their jobs entirely. In this podcast, editor Simon Lambert, assistant editor Lee Boyce and host Georgie Frost take a look at the figures. Much of the money stashed away at big banks pays 0.1 per cent or less, meaning collectively, billions of lost interest – where are rates heading? National Savings and Investments currently has a few best buy accounts, how long can it prop up the market and are we turning our backs on stocks and shares Isas? Meanwhile, the IMF says the crisis will wipe £10trillion off the global economy: what's happened to the V-shaped recovery? With pubs and shops slowly reopening, will Britons head back and spend their cash to help the economy? Simon talks about investing like Warren Buffett and what opportunities are out the post-lockdown world. With the heatwave that has smothered Britain this week, we take a look at how much it costs to run items that are designed to cool us down, and those trendy garden gadgets.

Saving, spending, planning — you've got money questions and we've got answers. Every week host Alison Southwick and personal finance expert Robert Brokamp challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves. In this week's episode: We're joined by Jennifer Petriglieri, author of Couples That Work, to discuss her research on how dual-career couples can successfully navigate the tough transitions in life and ultimately thrive together.

Are you “financially fit”? According to a recent study, the cost of monthly bills is leaving some people forced to cut back on essentials like food, daily travel, and even medication. In this episode of the Share Interview, Vicky Sayers speaks to Mary Johnson – spokesperson for free home management site, Hoppy – to find out how we can improve our financial wellbeing.

Adam Cox talks to John-Paul Savant, CEO of ATG (Auction Technology Group) about the latest research revealing that unlike with other commodities, people don’t understand the environmental consequences of buying brand new furniture. He discusses that second-hand items can have a dramatic impact on the planet and that auctions can be the driver to making the world a more sustainable place.

The pros of the property market right now, and how to save energy this winter. If you can keep your head, while other home buyers lose theirs…you could get yourself a better deal! Plus, the team bust some energy-saving myths, looking at whether carbon credit offsetting is a big old waste of money – or a good way to save the planet. And ‘tis the season to book your festive break, but what are the top best-value destinations for your Christmas holiday?

Adam Cox talks to Charlie de la Haye from Epson UK regarding new research revealing the UK’s ignorance when it comes to the cost of printer ink. Some believe that ink is more expensive than scorpion venom, (the world’s most expensive liquid), and some believe that it’s less expensive than champagne, when printer ink is much more expensive. With students heading back to university en masse at this time of year, it means that many students will either overspend on ink by up to a thousand pounds over a 3-year degree or potentially avoid printing essential work to keep costs down. They discuss how new printing technology could help students save a lot of money.