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As more of us invest in index funds, is that a good thing? Tim Edwards from S&P Dow Jones Indices, the company behind the S&P 500, joins us to explore whether trying to beat the market pays off, and reveals fascinating data on the cost of waiting for the next stock market crash. 🤝 Want 1:1 financial help from us? Answer a few questions to find the right service & book free call: https://getmost.typeform.com/pod-episodes  🎉 Sponsors: Uswitch - See if you can save by switching to solar: ⁠https://makingmoney.email/uswitch Vanta - Get your company secure and compliant: ⁠https://vanta.com/makingmoney – If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. Here are some of the reports we discuss with Tim: Spiva report: https://www.spglobal.com/spdji/en/research-insights/spiva/  ‘Waiting For a Bear’ paper: https://www.indexologyblog.com/2025/03/19/waiting-for-a-bear/ Listen to our episode with Elroy Dimson here: https://pod.link/1674547187/episode/YTk5ZGNjYzQtOGZlNi0xMWYwLTkzZTktOWZiY2NmYTE0OGQ4?view=apps&sort=popularity

The NHS now costs around £240 billion a year across the UK. We're spending more than ever before. It employs more people than ever before. So why doesn’t it feel like it’s getting Max Warner is an economist at the Institute for Fiscal Studies who specialises in health and social care. 🎉 Sponsors: Uswitch - See if you can save by switching to solar: https://makingmoney.email/uswitch Vanta - Get your company secure and compliant: https://vanta.com/makingmoney – If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

Marcia is a 45 year old counsellor from Birmingham. Has investing changed your life? ⁠https://makingmoney.email/listener-story-form 🎉 Sponsors: Uswitch - See if you can save by switching to solar: ⁠https://makingmoney.email/uswitch⁠ Vanta - Get your company secure and compliant: ⁠https://vanta.com/makingmoney – If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

The Bank of England has a key target: to keep inflation at 2%. Its main tool is interest rates. Dr Swati Dhingra is an external member of the Bank’s Monetary Policy Committee, which she joined in August 2022, making her one of just nine people who decide what that interest rate should be. 🎉 Sponsors: Uswitch - See if you can save by switching to solar: ⁠https://makingmoney.email/uswitch⁠ Vanta - Get your company secure and compliant: ⁠https://vanta.com/makingmoney – If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. ------- Use the ONS calculator to find out your personal inflation rate: https://www.ons.gov.uk/economy/inflationandpriceindices/articles/howisinflationaffectingyourhouseholdcosts/2022-03-23

Former trader Tom Hayes was sentenced to 14 years in prison for manipulating LIBOR, which used to be one of the world's most important interest rates. Prosecutors said Tom was the ringleader of a conspiracy to influence the rate. Tom says he was made a scapegoat for the financial crisis and that what he did was commonplace. He ended up spending five and a half years in prison before being released in 2021. Then in 2025 the Supreme Court overturned his conviction. *LIBOR has now been replaced by other benchmarks. 🎉 Sponsors: Uswitch - See if you can save by switching to solar: ⁠https://makingmoney.email/uswitch⁠ Vanta - Get your company secure and compliant: ⁠https://vanta.com/makingmoney – If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. —- You can listen to the BBC Lowball Tapes, which we discuss in the episode, here: https://www.bbc.co.uk/programmes/m0014wtn

Many of us dream of retiring early, or at least having the option to. Gareth, one of our viewers, retired at just 48. But what happens when the plan you've spent years building is finally put to the test? Check out our AI financial planning tool: https://makingmoney.email/AI  🎉 Sponsors: Uswitch - See if you can save by switching to solar: ⁠https://makingmoney.email/uswitch⁠ Vanta - Get your company secure and compliant: ⁠https://vanta.com/makingmoney – If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

Rob Dix says we can’t rely on the rules of the past to get the financial future we expect, and shares some new ideas for what we can do instead. Rob is a finance expert, host of The Property Podcast and has just released a new book called 'Seven Myths About Money: And The Truth About Finding Financial Freedom’.   *This episode was originally published on the 6th of January 2025* Rob’s book: ⁠https://shorturl.at/btaw 🎉 Sponsors: Uswitch - See if you can save by switching to solar: ⁠https://makingmoney.email/uswitch⁠ Vanta - Get your company secure and compliant: ⁠https://vanta.com/makingmoney – If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

From performing on the streets at 16 to becoming a stand-up comedian, Stuart Goldsmith has never had a salary.  🎉 Sponsors: Uswitch - See if you can save by switching to solar: ⁠https://makingmoney.email/uswitch⁠ Vanta - Get your company secure and compliant: ⁠https://vanta.com/makingmoney – If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. —----------- You can find out more about Stuart: https://www.stuartgoldsmith.com/ IG : @stuartgoldsmithcomedy LinkedIn: www.linkedin.com/in/stuartgoldsmith —------------ If you’re self-employed, check out our episode with Tom Ashworth: https://pod.link/1674547187/episode/NzVjOGExMzYtYzVlYi0xMWYwLWIzYTctOWI0YmYyZDZlYjcz?view=apps&sort=popularity

Alasdair Walker is a financial planner but he’s also one of the people behind the popular UK Personal Finance flowchart and former moderator of the Reddit community. So we’re not exaggerating when I say he's helped millions of people make better money decisions. Check out our AI financial planning tool: https://makingmoney.email/AI  UK Personal Finance Flowchart: https://ukpersonal.finance/flowchart/  🎉 Sponsors: Uswitch - See if you can save by switching to solar: ⁠https://makingmoney.email/uswitch⁠ Vanta - Get your company secure and compliant: ⁠https://vanta.com/makingmoney – If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. —-----------

Former Premier League footballer Clarke Carlisle has spoken openly about his struggles with mental health, including five suicide attempts, but rarely about the role money played throughout his life. In this episode, Clarke reveals how money became tied to his identity and self-worth, and reflects on the financial decisions he made during and after his football career. 🎉 Sponsors: Uswitch - See if you can save by switching to solar: ⁠https://makingmoney.email/uswitch⁠ Vanta - Get your company secure and compliant: ⁠https://vanta.com/makingmoney – If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. -------- If you've been affected by anything in today's episode: NHS mental health: https://www.nhs.uk/mental-health/ Mind the mental health charity: https://www.mind.org.uk/information-support/ Bet Know More Gambling charity: https://www.betknowmoreuk.org/ Clarke is the Chair of Mind and works for BetKnowMore UK.

Most investors are scared about the same thing: what if I invest and the market crashes tomorrow? Ben Carlson is author of the popular investing blog A Wealth of Common Sense and Director of Institutional Asset Management at Ritholtz Wealth Management. In his new book Risk and Reward, he looks at history's biggest market crashes, and what they can teach us about investing when the future feels uncertain. With Damo recovering from his injuries, personal finance YouTuber and friend of the podcast Toby Newbatt kindly steps in to co-host alongside Timeyin. Ben’s book: https://amzn.eu/d/06cqX44V  🎉 Sponsors: Uswitch - See if you can save by switching to solar: ⁠⁠https://makingmoney.email/uswitch⁠⁠ Vanta - Get your company secure and compliant: ⁠⁠https://vanta.com/makingmoney⁠ – If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. —----------- Ben’s blog: https://awealthofcommonsense.com/  Damien goes into more detail about his accident here:: ⁠https://www.youtube.com/watch?v=BKvUB0ks2BU⁠

*This episode was originally published in July 2024 - some facts and figures may have changed* We can’t talk enough about the pensions crisis. Most people aren’t saving enough for the life they are going to want and something has to be done about it. We cover the big questions: why is there a problem, how much we really need to be saving and will the state pension even exist when you retire? Tom McPhail is a pensions industry expert. He no longer works for finance consultancy firm Lang Cat. If you want to watch me talk about my accident: https://www.youtube.com/watch?v=BKvUB0ks2BU  🎉 Sponsors: Uswitch - See if you can save by switching to solar: ⁠⁠https://makingmoney.email/uswitch⁠⁠ Vanta - Get your company secure and compliant: ⁠⁠https://vanta.com/makingmoney⁠ – If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

How should you invest in retirement? Are annuities actually a good idea again? What if you’ve only got 5 years to get to your goal? We put your biggest money questions to friend of the podcast and financial adviser Lisa Conway-Hughes. You can learn more about Lisa’s advice firm here: https://lchwealth.co.uk/most/  🎉 Sponsors: Uswitch - See if you can save by switching to solar: ⁠⁠https://makingmoney.email/uswitch⁠⁠ Vanta - Get your company secure and compliant: ⁠⁠https://vanta.com/makingmoney⁠ – If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. —----------- Follow T on instagram: https://www.instagram.com/t_is_making_money/  Here are the sites Lisa said to check out when looking for a financial advisor: https://www.vouchedfor.co.uk/  and https://www.unbiased.co.uk/  And as always check if they are on the FCA register: https://www.fca.org.uk/firms/financial-services-register

On this podcast we speak to investors, economists and money experts. But some of the most interesting perspectives come from people outside the finance industry. Today's guest is Cam, a serving soldier in the British Army and the creator of the Savvy Squaddie YouTube channel. Do you want to share your money stories on the podcast? ⁠https://makingmoney.email/listener-story-form 🎉 Sponsors: Uswitch - See if you can save by switching to solar: ⁠⁠https://makingmoney.email/uswitch⁠⁠ Vanta - Get your company secure and compliant: ⁠⁠https://vanta.com/makingmoney⁠ – If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. Here's the episode with Dave: https://pod.link/1674547187/episode/ZDFjMDdlYjgtMjc5ZS0xMWYxLWI3NTUtNWIwZWVhZTJmMWY0?view=apps&sort=popularity

What would happen if someone else got access to your phone? I’d not really thought about how serious that could be until this conversation with Victoria. 🎉 Sponsors: Uswitch - See if you can save by switching to solar: ⁠⁠https://makingmoney.email/uswitch⁠⁠ Vanta - Get your company secure and compliant: ⁠⁠https://vanta.com/makingmoney⁠ – If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. — Victoria mentioned an app and checklist she’s built after her experience, you can find it here: https://theftresponse.app/  Rules around fraud reimbursement, crypto regulation and consumer protections vary depending on the provider and the circumstances. If you've been the victim of fraud, contact your financial provider immediately and seek guidance from the relevant authorities.