On The Money

We're off traveling! Join us in this week's episodes as we share our exciting plans to take an extended travel break away from life in the UK.  While this will be the last episode we'll be releasing for a few months, we're excited to share with you:- Our motivations to independently embark on these journeys- Our travel plans and how we financially planned for this break- What we hope to learn and experience during our travelsP.S. We've already been travelling for a few months, so we'll be back before you know it! 

When you think of a trustee, what do you think of? Is it a white guy in his 60s?Whilst boards aren't particularly diverse today, this is changing and they need YOUR voice. In this week's episode, we are delighted to talk to Shirin Shah about her experience as a trustee on the board of a charity, including the impact she has been able to have and what she has learned in the process. We cover:- Why you would join a board- What qualifications you need - Diversity on boards - Building skills and owning your opinions- Imposter syndrome - Transferable skills that make you an asset to a board - Building confidence via a trustee role- Things to think about before signing up - Where to find roles 

Unsurprisingly, finances probably aren't top of you list of things you think about the moment you get engaged, nor should they be! But once you've done plenty of celebrating, planning a wedding can often come with quite a price tag, and the financial implications are worth putting some thought to. In this episode we sit down with our friend Lou and have a big debrief on the way we each planned financially for our own weddings, and top tips including:How we approached planning financially for our weddingsAny strategies for saving in advanceLargest expensesHow to choose where to prioritise and what made the biggest impact on the dayWhere you can cut costs with low impactThings we're very glad we did and things we would have done differentlyCommunicating with your fiancé on this topic

In today's episode of Career Crossroads we are joined by Teena Alimchandhani, a Communications & Change Management Consultant at Willis Towers Watson.Teena provides valuable insights into this exciting career path, covering a range of topics including: - What consulting entails, and why she chose consulting as a career- The essential skills needed to excel in this field- What Teena likes and dislikes about consulting, and an honest insight into the profession- Teena's personal definition of success as a change management consultant- Valuable advice on how to break into the industry, both as a graduate and an experienced hireThis episode is part of the Career Crossroads sub-series where we delve into all things careers and career change, bringing to light what people actually do day to day in their roles, what skills you need, how to break into the industry at a later stage, salaries, long term prospects, and lots more.

Do you ever get tired of the nagging voice in your head that tells you you're not good/smart/attractive enough? That you shouldn't speak up in that meeting and couldn't possibly put yourself forward for promotion? This devil on your shoulder is your inner critic, and despite what it tells you (and actually being designed to protect you), it's not always right and may be holding you back. In today's episode we discuss our inner critics and how to manage them with Molly Taylor, founder and CEO of Famn, a coaching business with a psychologically grounded approach to their coaching practice. Molly also leads a second business, F*ck Off Russell, which specifically focuses on managing your inner critic. In this episode we discuss:- What is your inner critic and why do we have them?- Molly's experience with her own inner critic- How our childhoods impact what our inner critic says to us- How our autonomic nervous system impacts us and our ability to manage our inner critic - Why going hard at the gym may not always be the best way to combat stress- Comparison and social media- Tools to quieten your inner criticCheck out Famn and F**k Off Rusell to find out more.

In this episode of Career Crossroads, we are delighted to be talking to our very own Shreenidhi Subramanian about what it means to be a product manager. We delve into: - What actually is a product manager- The key skills needed and how transferable they are- Why data is key, and helps with imposter syndrome- Taking people on the journey- Leaning into your strengths vs dwelling on your weaknesses- Defining success- Managing work life balance- What to expect at an interview- Salary expectations- Progression and exit opportunities ­­­- How to break into the role, and further resourcesThis episode is part of the Career Crossroads sub-series where we delve into all things careers and career change, bringing to light what people actually do day to day in their roles, what skills you need, how to break into the industry at a later stage, salaries, long term prospects, and lots more.

Get ready to be inspired in this episode of On The Money! We're joined by Teena Alimchandhani, who takes us through her journey with TeenaTeaches, a South Asian wedding dance business that she balances alongside her career in consulting. Discover the motivations that sparked Teena's entrepreneurial spirit and learn how she overcame challenges to create her own success story.In this episode, we cover:- Teena's leap into entrepreneurship and what drove her to make that first move- The evolving path of TeenaTeaches, from its inception to a steadily growing customer base- The delicate art of managing limited capacity while juggling work, personal time, and maintaining balance- Teena's insights into finding motivation, dealing with challenges, and the financial considerations of a side hustle

Career paths today don't look like they once did, with linear, corporate careers no longer the default expectation and many people increasingly considering entrepreneurship as an option. But despite everyone you know having a business idea (including you), very few people take the necessary steps to turn that idea into a reality, let alone a success. In this episode we sit down with Molly Taylor, founder and CEO of coaching business Famn, to discuss her journey to starting a business in her twenties. We discuss: - First steps to bring a business idea to fruition- Managing dynamics when working with family - The value of coaching and democratising access to it- Pivoting from your initial idea - How to know what you don't know and identify your blind spots - Hiring - The challenges and benefits of leading a business in your twentiesThis episode is part of the Career Crossroads sub-series where we delve into all things careers and career change, bringing to light what people actually do day to day in their roles, what skills you need, how to break into the industry at a later stage, salaries, long term prospects, and lots more.

Money can be deeply personal and something we deal with in private for much of our lives. But living with someone else, whether it be a friend or a partner, means you have to work together to manage your joint finances in some form or another. Beyond the pure financials there are also plenty of other considerations to make when sharing money or a living space with a friend or a loved one. Almost all young people will do this and very few give it conscious thought. It can often be a source of friction - but it doesn't have to be. In this episode we discuss the key things you should be thinking about and discussing together to maintain a healthy approach to cohabiting and joint financial planning. Whether you're living with friends or a partner, we've got you covered. We discuss: Housemates- What should you be thinking about when you move out for the first time?- What bills do you have to pay?- How can you approach difficult conversations on joint financial issues? (e.g. how to discuss bills and rent with your housemates whilst keeping your friendships intact)- How do you budget for house bills?- Should you get a joint account with your housemates? (And crucially, how to avoid it impacting your finances 10 years later…) Partners- How to talk about joint financial goals with your partner- What if they're different to your goals?- What shapes our attitudes to finances?- Considerations for buying property together- The different options for splitting your finances 

In today's episode of ‘Career Crossroads' we are delighted to be joined by Shirin Shah, Legal Counsel at Exscientia, a biotech company at the forefront of AI drug discovery.Shirin shares with us: - Her personal journey into law, through working for a law firm and then choosing to move to an in-house role at Exscientia- The differences between in-house law and working in a law firm, including the varying nature of the day-to-day work, demands, and lifestyle- The impact of company size on the type of work you do as an in-house lawyer, comparing the dynamic responsibilities of setting up the legal function in a smaller startup to the specialized focus on technical law details in larger organizations- Her insights on the process of getting into a career in lawThis episode is part of the Career Crossroads sub-series where we delve into all things careers and career change, bringing to light what people actually do day to day in their roles, what skills you need, how to break into the industry at a later stage, salaries, long term prospects, and lots more.

Hello lovely listeners! We're delighted to be back with brand new episodes of On The Money, discussing all things personal finance, careers, and lifestyle. In our first episode for a little while, we cover where we've been and why we're so excited for the new content we have to share with you. Our money conversations haven't stopped whilst we've been away but we've decided to get back in front of the mics (and camera's now too!). After much reflection, what we've learned since where we left you is that money and finance are impossible to separate from the rest of our lives - it's so intertwined with our careers, our relationships, and our lifestyle. We're so proud of the 30+ episodes we've published so far packed with financial knowledge, but going forward we want to put this knowledge in the context of broader life and bring you actionable insights to help empower you to achieve both your financial and life goals. We'll still be sharing plenty of finance content, but alongside that we discuss topics such as starting a business, personal branding, managing finances with a partner, investing, mortgages, and arguably the topic we're most excited to announce - 'Career Crossroads'. We are delighted to be announcing a new sub-series of episodes focused exclusively on careers, but hold on - this is different from most of the career content out there today. Why? Because these episodes are designed to support those interested in exploring careers and career change once they already have some experience in the world of work, or are looking to break into an industry at a later stage. We know how opaque lots of industries can be from the outside and we are on a mission to bring to light what people actually do day to day in their roles, what skills you need, how to break into the industry at a later stage, salaries, long term prospects, and everything else you could possibly want to know. These episodes will be peppered throughout our normal content and we know they're going to help you achieve your personal, professional, and financial goals.So welcome back, and if you're new remember you can find all our previous episodes on Apple Podcasts, Spotify, or wherever you're listening to this podcast.

We are so excited to be BACK with an extra special mini series for you all on how to buy a property! This is a much requested topic and is for all of you who are thinking you might want to buy something in a few years time, through to those who are currently in the property buying process and secretly have no idea what's going on. As we discuss in this episode there are lots of buyers in the market at the moment in part due to the stamp duty holiday. Whilst this expires at the end of June, some people will still pay reduced rates until the end of September. We discuss the end to end property purchase process, from what you'll need before you put in an offer, to mortgage brokers, solicitors, surveys, exchange, and completion, and everything in between. This episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

When it comes to money, it's not uncommon for individuals to have particular thoughts and feelings associated with money. These thoughts can be positive or negative, conscious or unconscious but no matter what, it can have a big influence on the way we handle our personal finance. In this episode, we are joined by Ayana, from the Millennial Money Guide, who will be helping us:- Learn more about money mindset- Understand what our mindset is- Use it to our advantage when it comes to personal financeYou can find some great personal finance resources and inspiration on her Instagram, @millenialmoney.guideThis episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

With Black Friday behind us and Christmas round the corner, finances might be a little tight and it's common for many of us to reach for our credit cards to help us in these instances. Credit cards can be a useful tool when used mindfully however there are also a few things to be aware when purchasing on your credit card. In this episode we'll be covering the:fundamentals of how credit cards workdifferent types of credit cards and how best to use themthings you should be mindful of when using your credit cardThis episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers. If you are struggling with debit, below are a few organisations with resources and guidance to help you. Citizens AdviceStepChange Debt CharityNational Debt Line

After all we've been through this year, this Christmas will probably also be (dare we say it) - unprecedented. In this episode we discuss ways to make this year special for the right reasons, whilst saving yourself money and time:- Embracing minimalism to give meaningful gifts without generating more physical and mental clutter- Gift inspiration if you're struggling!- How to stay on budget, but not be TOO drawn in by Black FridayResources mentioned: @theminimalists @weratedogs (thank us later)@olio.app@idealio.uk

On The Money aims to help both genders improve their financial wellbeing, but we can’t ignore the clear disparities between genders in investing, earnings, pensions and financial confidence and understanding. This episode we are really excited to be joined by Prerna who founded This Girl Invests, whose goal it is to help women feel financially confident through education and creating a community of like-minded individuals, and Shirin, co- founder of South Asian Sisters Speak, who create safe spaces for South Asian women to share their experiences.In this episode we discuss:- Where risk preference comes from- The gender pay gap and the reasons behind it- Flexible working and the impact of COVID-19- What we can do to help rectify the balance and improve things for everyoneTo find out more about This Girl Invests or South Asian Sisters Speak, find them on Instagram at @thisgirlinvests and @weare_sass respectively.

When used knowingly, debt can be a useful tool to help pay for large expenses over time and even get out of difficult financial situations. However without a clear strategy for repayment, it can quickly feel like your debt is getting get out of hand. Therefore becoming debt-free is a common and important financial goal for many and is often the first step to improving your financial wellbeing. Today we're joined by Cheryl, Founder of the Debt Free community and The Frugal Me Free blog, who will be sharing with us:- Her experiences during her own debt free journey - How to stay motivated as you strive to become debt free- Tips on reducing your spending day to dayYou can find more resources from Frugal Me Free below: InstagramYoutubeThis episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers.

In this episode we reflect on what we've learnt about our finances under COVID-19 and lockdown in 2020. It's been a very unusual year and many people are thinking differently about their finances. We want to make sure we navigate the current situation as best as possible and have rounded up our thoughts so far in this episode, so grab a cuppa and join us in reflecting on:- What we've learnt about our own finances in lockdown- What we wish we'd done differently- What we will take forward to more 'normal' times- What we should be doing going forwards to protect our finances This episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

Welcome to Part 2 of our conversation with Lauren Burrows from Money to the Masses. In this episode we continue our discussion of the key things to think about in your 20s to nail your personal finance, including:- Lauren's own experience of paying off debt- What you actually need to do with your pension now- The all important one: how to get a pay riseThis episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

We know there's so much to think about in your 20s, so we wanted to bring to life the key things to focus on during this period of your journey. We are delighted to be joined for a special two-part episode by Lauren Burrows from Money to the Masses to help us do just that. Money to the Masses have a fantastic podcast, and Lauren’s Millennial Money series really speaks to the key challenges we may face in our 20s. In Part 1 of this episode we discuss:- Budgeting to make sure you enjoy your money- Bills to think about when you first move out- Purposeful spending and paying yourself first- Emergency funds- How to improve your credit score This episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

Taking the first steps is always the most difficult part of any journey and this is even more so the case when it comes to your financial wellbeing journey. Often it's difficult to know where to start and how to break down the steps into easy, manageable actions. In this episode, we're joined by Founder and CEO of The Fiscal Femme, Ashley Feinstein Gerstley (and her dog), who'll be sharing with us:Tips on how to take these first small but crucial steps Practices and tools to help you on your financial wellbeing journeyInsight into the common struggles and pitfalls, and how to overcome themBelow are links to the resources discussed in the episode:Money Journal TemplateNet Worth TrackerMoney Party GuideFiscal Femme Slack CommunityHappiness Allocation (Budgeting) Spreadsheet You can find more insights, hints and tips at The Fiscal FemmeThis episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

There can be so much to think about when starting uni and lots of exciting things to look forward to, so you want to make sure that managing your finances is as simple as possible. We've created this episode to cover all the things you need to know before you go to uni. Whether you're a fresher or a returning student, we've got some useful tips for whilst you're there.In this episode we discuss:What to think about before you go, including Student Finance and other sources of financeHow to keep on top of your finances whilst there, including our key learnings and the things we wish we'd done ourselvesTop tips to cut costs and get the most out of your student budgetThis episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

In recent years, what makes people happy has come under increased scrutiny, with some countries even adopting the Happiness Index as a measure of national progress alongside things like GDP. While there are many factors that could influence happiness, the impact of money on happiness has been long debated in research and society.In this episode, we discuss:- The relationship between money and happiness- How money can help and hinder our happiness- Tips to get more happiness from your hard earned cashThis episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

Markets have sold off dramatically over the last few weeks, the world is facing the coronavirus pandemic, and it is easy to feel unsure about what to do with your investment portfolio. This isn't helped by the natural behavioural factors that influence how we make financial decisions.In this episode we discuss:- What has happened in the market over the last few weeks and why- How it compares to the financial crisis- Ways to bias-proof your financial decision making- How to know what to do nowThis episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

Insurance helps you financially protect yourself from unexpected events in life. However it tends to be something most people either ignore because they believe those unexpected events won't happen to them, or they overspend on insurance they don't really need. It's also complicated and let's be honest - not very exciting.In this episode we talk to Shren's colleague Tim about:- How insurance works and why would we should be considering it- Which types of insurance are important to think about at our age- How to make sure you're properly covered for the unexpectedThis episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

We find getting your head around the different types of ISAs, their uses and all the rules can get quite confusing.In this episode, we discuss:- The different types of ISAs on the market- Saving for you first home with LISAs or Help to Buy- Using LISAs to supplement retirement savingsThis episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

It's easy to think that it's our parents who need to be worrying about having enough money to retire and not us, but understanding your pension and starting to contribute early makes achieving a comfortable retirement a lot easier. Spending half an hour considering your options now could make so much difference to the size of your pension pot further down the line! To help us understand more about pensions, we are joined by Chloe's brother Harry, who works in pension investments and is going to share his wisdom with us today on:- Different types of pensions and how they work- The benefits of contributing early- Factors to consider when choosing the investment strategy for our pensionsThis episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

Investing apps are a really accessible way for most people to start investing, but how do you know which app to go for, particularly if you don't have any experience in investing?In this episode we:- Discuss the pros and cons of using investing apps- Arm you with the tools to assess the different platforms yourself- Share our own experiences using these appsThis episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

It's common for people to avoid thinking about the money they pay in taxes, especially when you start working and can't make head or tail of your payslip. However, having a basic understanding can come in handy to make sure you are getting paid the right amount. In this episode we are joined by Dan and Laven, who help us understand:- How we get taxed on the money we make- What else comes out of our salary - The practical ways to understand and question what's on your payslipThis episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

Whether you’re new to investing or have been doing it a while, our generation place increasing importance on making sure our investments align with our social values, but it’s not always clear how to go about doing it.In this episode, we are joined by Tom who helps us understand:- What is ethical investing and why more people are doing it- The different forms of ethical investing, to ensure your investments meet your personal values- The factors to consider before you get started, and how to do it in practiceThis episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

Buying a Property: An IntroductionBuying your own property is an aspiration most people have at some point in their lives, but also one of the biggest financial goals you can set for yourself.In this episode we are joined by our first guests, Anna and Lou, who:- Compare their different experiences of buying their first properties- Provide an overview of the key steps involved- Share their top tips and key learnings This episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

Financial New Year's ResolutionsNew Year is a great time to reset and think about your goals for the year, and what better goal than to make 2020 the year you get on top of your finances?!In this episode we:- Breakdown common financial goals - Identify strategies to help you achieve them - Highlight steps you can take to improve your financial wellbeing in 2020This episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

Food waste is responsible for 8% of global greenhouse gas emissions and 1/3 of all food produced is wasted, making a huge impact on the environment and our wallets.In this episode we discuss:- Daily things we can do to make a difference- Minimising our food waste and our supermarket bill- Sharing food in our local communitiesThis episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

Many of us want to make sure our spending habits are sustainable, both for ourselves and the world we live in. In this episode we discuss:- Practical ways to live more sustainably without breaking the bank- Changing your spending mindset- Tools to make it easy

There are many tools out there to make our lives easier, especially when its comes to helping us make and stay on top of budgets.In this episodes, we review the budgeting apps Yolt, Emma and Money Dashboard, and discuss:- What we liked- What we disliked - How the apps worked for our budgeting needsThis episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

So many of us will need to borrow in one form or another at some point in our lives, and we think it's important to have a fundamental understanding of how debt works to make sure we do it responsibly with our eyes wide open. Today we'll explore: - The basics of debt- How it might be relevant to you- Debunking debt jargon - What to consider when taking on debtThis episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

Once you've committed to saving a little more, it's hard to know where to start and how to choose the right account for you. In this episode, we are going to be exploring:- The different savings products out there- How they work- How they can be useful in different scenariosThis episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

Everyone knows that it's important to save, but often the reality is its just not something we prioritise, meaning we feel like we could always be doing more. In this episode, we are going to be exploring:- Why we need emergency savings- The difference between savings and investments - Practical ways to make saving easier This episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

The investment world is notorious for using lots of jargon and confusing concepts, and is often thought of as something only for the wealthy. As a result most people are missing out on making their money work harder for them and the ability to grow their wealth. In this episode we are going to be covering the practicalities of get started on your investing journey by exploring:- How to know what to invest in- How to go about investing in practice- Why you should start todayThis is the second of a two part episode on investing, so to get the most of this we'd encourage you to check out part one where we cover some of the basic concepts and terminology around investing. This episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

We don't always have enough money to do all the things we'd like to. Budgeting can be helpful in prioritising where you spend your money and help you focus on the most important things to you. In this episode we explore:- What a budget is and why it's important?- How to create a budget - Top tips to stay on top of your budgetThis episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

The investment world is notorious for using lots of jargon and confusing concepts, and is often thought of as something only for the wealthy. As a result most people are missing out on making their money work harder for them and the ability to grow their wealth. In this episode, we break into the investing world by exploring:- Why should you invest?- Do you have enough money to invest?- What are stocks and bonds?- How does the stock market work?This episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/

In our first episode we share our thoughts on why personal finance is such an important life skill that much of our generation struggle with. We discuss our motives for launching this podcast, our own personal finance experiences and what you can expect from the podcast going forwards. We hope you enjoy it and feel inspired to come back for our first topic!This episode does not constitute investment, tax, legal or any other form of advice. Please look here for more details and our disclaimers: https://onthemoney.contactin.bio/