Podcasts about money tips podcast

This week - in 1987 - the ASX fell 25 per cent IN A DAY. Just now the local share market is going gangbusters: In fact, it is testing its all- time valuation peak. But here's the thing: The market will crash again - we just don't know when this will happen or what might trigger the downturn. What was it like to sit through a 25 per cent drop in a matter of hours and what can we learn from it as investors? Alex Moffatt of Joseph Palmer and Sons joins wealth editor James Kirby in this episode. ------ In today's show, we cover: Lessons from the great crash of 1987 Why markets overheat and how to protect yourself Is the scandal at MinRes a sign of things to come  NextDC - Why this value investor thinks it too hot to handle See omnystudio.com/listener for privacy information.

Mortgage & Property Update Money Tips Podcast ·        Property prices decline ·        Rents soar ·        Fixed rates fall Join me online on my free live money management training Wednesday at 8.00PM. Register now below https://bit.ly/3QPp8IH Watch full video - https://youtu.be/LboQYzyANnA Your belief system and mindset can seriously affect your wealth and the quality of your life. The answer lies within you. Your internal economy and mindset have a more profound impact on your financial success than external events. Recent events have exposed that many lack the financial resilience to handle unexpected crises like job loss or mounting bills. But the good news is, you can take control. Learn how to master your money in just 28 days, paving the way to wealth and financial freedom without sacrificing your life's pleasures. In this free live online training, I will reveal: - The 3-Step Formula for Successful Money Management - Strategies to Transform Your Money Mindset - Techniques to Build Lasting Wealth Unlock Financial Freedom: Master the Art of Money Management in 3 Simple Steps Discover the keys to prosperous money management that won't compromise your quality of life. Register here - https://bit.ly/3QPp8IH In today's challenging economic landscape, where inflation, higher interest rates, and downturns prevail, there are always those who not only survive but thrive. What sets them apart? Watch full video on YouTube - https://youtu.be/lE2q5J-TcCM See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA   Housing Market in DEEP Trouble: https://youtu.be/USGREwntT1I How To Develop A Millionaire Mindset I want to show you exactly how you can: •       Not only survive, but thrive in a recession or depression? •       Get control of your finances and spending? •       Save and invest for your future? •       Learn about money and finance? ·        Develop a millionaire mindset To help you, I am running a free training webinar.  3 Steps To Success Money Management and Financial FREEDOM! I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich! Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #mindet #money #wealth #landlord #property #financialfreedom #chasstashing

Mortgage & Property Update Money Tips Podcast ·        Property prices decline ·        Rents soar ·        Fixed rates fall Join me online on my free live money management training Wednesday at 8.00PM. Register now below https://bit.ly/3QPp8IH Watch full video - https://youtu.be/LboQYzyANnA Your belief system and mindset can seriously affect your wealth and the quality of your life. The answer lies within you. Your internal economy and mindset have a more profound impact on your financial success than external events. Recent events have exposed that many lack the financial resilience to handle unexpected crises like job loss or mounting bills. But the good news is, you can take control. Learn how to master your money in just 28 days, paving the way to wealth and financial freedom without sacrificing your life's pleasures. In this free live online training, I will reveal: - The 3-Step Formula for Successful Money Management - Strategies to Transform Your Money Mindset - Techniques to Build Lasting Wealth Unlock Financial Freedom: Master the Art of Money Management in 3 Simple Steps Discover the keys to prosperous money management that won't compromise your quality of life. Register here - https://bit.ly/3QPp8IH In today's challenging economic landscape, where inflation, higher interest rates, and downturns prevail, there are always those who not only survive but thrive. What sets them apart? Watch full video on YouTube - https://youtu.be/lE2q5J-TcCM See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA   Housing Market in DEEP Trouble: https://youtu.be/USGREwntT1I How To Develop A Millionaire Mindset I want to show you exactly how you can: •       Not only survive, but thrive in a recession or depression? •       Get control of your finances and spending? •       Save and invest for your future? •       Learn about money and finance? ·        Develop a millionaire mindset To help you, I am running a free training webinar.  3 Steps To Success Money Management and Financial FREEDOM! I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich! Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #mindet #money #wealth #landlord #property #financialfreedom #chasstashing

Following the Bank of England's 13th base rate hike to 5%, we look at the current mortgage deals on offer for fixed rates, discounts, trackers and buy-to-let.Also in this Money Tips Podcast episode: Transferring buy-to-let property to a limited company without paying CGT and Stamp Duty Improving your returns using holiday lets or serviced accommodation (SA) Getting around George Osbourne's Section 24 tax grab on buy-to-ley landlords See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA See also: Housing Market in DEEP Trouble: https://youtu.be/USGREwntT1IInterest Rates Will Rise, Property Prices Will Fall And Opportunities Will Open Up:https://www.youtube.com/watch?v=ziTf2jOagB8&t=179s How To Develop A Millionaire MindsetI want to show you exactly how you can: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? Develop a millionaire mindset To help you, I am running a free training webinar.  3 Steps To Success Money Management and Financial FREEDOM!I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich! Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment.https://bit.ly/3QPp8IH #interestrates #property #mortgages #remortgage #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth   #bankofengland #inflation #money  #housingmarket #propertycrash #section24 #GeorgeOsbourne #taxrise #millionaire #millionairemindset #andrewbailey #blackwednesday #georgesoros #andrewtateThis show was brought to you by Progressive Media

Best Mortgage Deals and Rates Following Base Rate Hike Following the Bank of England's 13th base rate hike to 5%, we look at the current mortgage deals on offer for fixed rates, discounts, trackers and buy-to-let. See video version on YouTube: https://youtu.be/QF-gAdIYkdo Also in this Money Tips Podcast episode: ·        Transferring buy-to-let property to a limited company without paying CGT and Stamp Duty ·        Improving your returns using holiday lets or serviced accommodation (SA) ·        Getting around George Osbourne's Section 24 tax grab on buy-to-ley landlords See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA   See also: Housing Market in DEEP Trouble: https://youtu.be/USGREwntT1I Interest Rates Will Rise, Property Prices Will Fall And Opportunities Will Open Up: https://www.youtube.com/watch?v=ziTf2jOagB8&t=179s How To Develop A Millionaire Mindset I want to show you exactly how you can: •       Not only survive, but thrive in a recession or depression? •       Get control of your finances and spending? •       Save and invest for your future? •       Learn about money and finance? ·        Develop a millionaire mindset To help you, I am running a free training webinar.  3 Steps To Success Money Management and Financial FREEDOM! I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich! Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH   Multiple Streams of Property Income - Flagship 3-Day Training Friday 14th to Sunday 16th July 2023   Register HERE for complimentary tickets: https://bit.ly/propertyABC   #interestrates #property #mortgages #remortgage #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth   #bankofengland #inflation #money  #housingmarket #propertycrash #section24 #GeorgeOsbourne #taxrise #millionaire #millionairemindset #andrewbailey  

Best Mortgage Deals and Rates Following Base Rate Hike Following the Bank of England's 13th base rate hike to 5%, we look at the current mortgage deals on offer for fixed rates, discounts, trackers and buy-to-let. See video version on YouTube: https://youtu.be/QF-gAdIYkdo Also in this Money Tips Podcast episode: ·        Transferring buy-to-let property to a limited company without paying CGT and Stamp Duty ·        Improving your returns using holiday lets or serviced accommodation (SA) ·        Getting around George Osbourne's Section 24 tax grab on buy-to-ley landlords See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA   See also: Housing Market in DEEP Trouble: https://youtu.be/USGREwntT1I Interest Rates Will Rise, Property Prices Will Fall And Opportunities Will Open Up: https://www.youtube.com/watch?v=ziTf2jOagB8&t=179s How To Develop A Millionaire Mindset I want to show you exactly how you can: •       Not only survive, but thrive in a recession or depression? •       Get control of your finances and spending? •       Save and invest for your future? •       Learn about money and finance? ·        Develop a millionaire mindset To help you, I am running a free training webinar.  3 Steps To Success Money Management and Financial FREEDOM! I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich! Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH   Multiple Streams of Property Income - Flagship 3-Day Training Friday 14th to Sunday 16th July 2023   Register HERE for complimentary tickets: https://bit.ly/propertyABC   #interestrates #property #mortgages #remortgage #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth   #bankofengland #inflation #money  #housingmarket #propertycrash #section24 #GeorgeOsbourne #taxrise #millionaire #millionairemindset #andrewbailey  

With some forecasters warning of somewhere between a depression and Armageddon, here are my thoughts on the UK housing market. For more great tips and money-making ideas and coaching offers see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.  The UK housing market will shrink - but not necessarily crash - next year, industry experts agree, as the government fights recession and higher mortgage rates. House prices have been dropping month-on-month with average prices down 2.3% in November from October – the most since the start of the financial crash in 2008 – according to Halifax. Watch video on my YouTube channel - https://youtu.be/ekDrJUZ6pUg Price growth will decline in 2023 as soaring inflation hits the economy and forces interest rates up. As the downturn intensifies, housing indicators are showing red with rates expected to go even higher and the UK goes into a long recession. The Bank of England is expected to raise interest rates into 2023 from 3.5% now to 4.75%, but there are signs that the rate of inflation is slowing. Higher interest rates will hit buy-to-let landlords and investors, as deals fail to stack up. Move from cities to the country is slowing, as more people move back to the office. Property experts forecast property price declines of 5% - 12% next year, although some warn of a crash by 15% to 20%.  Mortgage rates have since fallen back since the disastrous mini-budget in September to an average five-year fix at 5.6% according to Moneyfacts – still far higher than a year ago.  UK mortgage lenders expect to lend 23% less to homebuyers in 2023 following a two-year boom. UK Finance forecast gross mortgage lending for house purchases to decline to £131bn in 2023 from £171bn in 2022 and a peak of £189bn in 2021. Leading UK lenders have met with government officials to discuss measures to ease the burden on around 90,000 people in mortgage arrears, the FT reports. Property sales are set to drop to 1.01m next year from 1.27m in 2022. Savills warns of a severe drop in transactions, to 870,000, and a 10% fall in house prices in 2023. Estate agents Jones Lang LaSalle forecasts a 6% drop in house prices next year. Both firms expect a 1% price growth in 2024, as interest rates fall back and inflation cools. The Nationwide expects a “modest decline” or “soft landing” in house prices next year, but lenders seldom talk of a property crash. The lender said 85% of mortgage balances are currently on fixed interest rates. The Bank of England said 4m households face higher mortgage payments next year. Typical payments could rise by £250 to £1,000 a month causing severe financial difficulties for 220,000 households. Capital Economics' central forecast is for house prices to fall by 12% by the end of 2023, but Andrew Wishart, senior economist at the consultancy, said in a worst-case scenario prices could plummet by up to 20%. “The initial drop in house prices has been sharper than in the financial crisis or the early 90s, “For affordability to return to a sustainable level by the end of 2023, when we think mortgage rates will still be around 5%, the average house price would have to drop by 20%.  On the other hand, were market and mortgage interest rates to drop faster than we expect, that would limit the fall in prices.” Rent prices have surged to record levels due to a shortage of properties to rent and growing demand, as well as a slowing buy-to-let market and many first-time buyers are opting to rent in the hope of lower mortgage rates in 2023/24. Some 85,000 landlords have quit the buy-to-let market in the last 5 years.  See my Money Tips Podcast video - https://youtu.be/NME3nEu8dAQ UK private rents jumped by 4% in November, the highest since records began in 2016, official figures showed. Savills forecasts rental growth rising to 6.5% before slowing to 4% in 2024. Globally, many markets seem overheated and, in a bubble, – Sydney and Auckland for instance.  China's property market boom appears to be over with a 20% decline. In my next episode, I will be talking to one of Toronto's leading realtors about his housing predictions for 2023. As with all economic forecasts, much depends on government action and the prevailing winds of the economy, but more rests on your action in your U'conomy! Your goals for 2023 How was 2022 for you? Did you achieve your goals? What are your financial goals for 2023 and how do you plan to achieve them?  I wish you a happy and successful new year! For more tips and money-making ideas and coaching see Master Your Money the S.M.A.R.T Way training.   Check it out for free - https://bit.ly/3isugCr. #property #rentalmarket #finance #financialfreedom #freefinancialtraining #freetraining #money #wealth #landlord #buytoletlandlord #property #goals #plans #interestrates #bankofengland This show was brought to you by Progressive Media

Exclusive free training for my Money Tips Podcast followers!   Welcome To The Course, Mastering Money The S.M.A.R.T Way Without Working Any Harder!    Lesson #6   TRACK YOUR INCOME AND EXPENDITURE Welcome to the final module and congratulations on sticking with it. Winners are finishers! If you can't measure it, you can't improve it. Peter Drucker   In this module, we are going to put it all together starting with monitoring your income and outgoings. Tracking your income and expenditure is the foundation of gaining control of your finances and accumulating wealth. Unless you know where your money is going you cannot make savings or accumulate cash, which is why I keep repeating this. Keep a spreadsheet, or an app and you'll be amazed at the results.    Good businesses and governments keep accurate records, and produce monthly management accounts. They use cashflow forecasts to project forward to anticipate peaks and troughs and nasty surprises.   When working as a financial adviser, I found that the average person had no idea. A regular annual spike in expenditure, such as Christmas or a service on the car, seemed to come as a big surprise to them.   People in this position were invariably broke or living close to the edge. They constantly worried and argued about money because money controlled them rather than the other way around.    Any large bill would send them deeper into debt.   Things always seemed to go wrong for them, or that's how they perceived a car breakdown or the boiler packing up over the Christmas holidays.    One family I met actually felt that the whole world was against them. The husband, despite being a skilled and intelligent design engineer, was the main problem. He was at odds with everyone and always going to court to dispute late payment fines or parking tickets. He would say things like, “it's just our luck” or “the system's a con”.    The wife said to me, “we just want to be normal”. I could see that the negativity and poverty mindset of the parents was being passed on to their six children who all looked slightly downtrodden and worried.    In reality, their “disasters” were no different to the things that happened to everyone else. Things go wrong and break down, especially when they are old or not serviced.     When you are in control of your finances you will still have problems. However, the difference is that you will be able to deal with them quickly without borrowing. You will have a contingency fund and insurance cover for breakdown and repairs or things that happen unexpectedly in our lives, like the death or injury to a breadwinner. That's what wealthy people have!   You will know you exactly where your money goes and where you can make savings.   Additional income when economising is not enough.   Mastering money is not just about saving money or cutting back. You obviously need to earn well and keep earning, learning and improving.   You can only reduce your expenditure so far. If you want to improve your lifestyle you will have to increase your income. Struggling businesses cannot just cut costs and staff in order to survive. They need sales and revenue.   You can increase your revenue in a number of ways. For instance:   Change your job or business    Upskill to become more valuable to the marketplace   Take a part-time job or start a part-time home-based business.   How many hours do you work each week?   The majority of people in developed countries work between 35 and 40 hours a week, unless you live in France where some work closer to 30 hours! This is not the case in Asian tiger economies.   Take the example of immigrants who usually progress rapidly in a country like the UK or US. Migrants I know don't just work a 40-hour week. They take all the overtime offered or have part-time jobs in the evenings and weekends. While others are watching all the ‘bad news' about the economy on TV, they are out earning money for their own u'conomy!   I know many migrants who came to the UK with “nothing to declare” and no contacts, but quickly prospered.    I meet migrants at seminars. Some have learned how to make money in property using none of their own money, which is handy, because they didn't have much to start with!   Others have started online businesses in their spare time or leaned how to trade stocks and FOREX.   If you don't think you have the time, take a look at how much time you spend watching TV or on social media. Instead of wasting time on social media, I now make money on social media.    The future is HERE NOW, watch out!   AI, automation and self-driving vehicles are no longer science fiction. Millions of jobs in the west will disappear over the next ten to twenty years, and some predict even sooner. There has never been a more pressing time to learn new skills and upgrade your knowledge.   Jobs no longer last for 40 years and governments around the world have already talked about how to reskill millions of workers who will become redundant when the machines take over, or someone in The Philippines or India can do the job faster and cheaper.   Only 10% of people keep learning after leaving school or college and many never read another book. Where do you think they are in the earnings league?    You don't need to go back to years of formal education to reskill. There are thousands of inexpensive vocational courses available at evening colleges and increasingly online. Universities offer part-time courses, from short diploma to master's degree, specifically aimed at mature and working students. I know, because in 2017 I gained a degree in leadership and management from my local university. All the lectures and tutorials were held at the weekend to suit working students who wanted to improve their prospects and expand their mind.   Summary Lesson 6   Tracking your income and expenditure is the foundation of gaining control of your finances and accumulating wealth.  Wealthy people know exactly what's coming in and where their money is going. Action Steps Start your money tracker spreadsheet now Record all money coming in and going out of your household Look ahead and anticipate peaks and troughs in income or expenditure Look for ways to earn extra money Think about your job in the future Never stop learning and upskilling.   Congratulations on reaching the end of this course!  You have learned how to Master Your Money and become a S.M.A.R.T Money Manager. Using this simple management system will help you to:   Spend wisely and avoid debt Manage and respect your money Accumulate wealth over time Review your finances on a regular basis Track your income and expenditure   Finally, take responsibility for where you are today. Your current bank balance reflects your lifetime decisions, habits and actions. Don't blame the government, the taxman or your parents.   As one of my mentors, Jim Rohn once said, “If you're forty, in good health, living in America and broke, something is wrong”.    We all have the opportunity to educate ourselves, learn from leaders in our field, get a better job or start a business, save and invest and build a better life.    Yes, some lucky people born into wealth have a leg up in life, but that doesn't exclude you from the millionaire's club. Membership to the club is still open and every year millions more join it!   Someone else becoming rich doesn't deprive you or mean there's not enough to go around – that's a ‘scarcity' mentality. Quite the opposite in fact. Wealth is expanding, wealthy people employ more people, successful business people employ people and help make others rich too.   I repeat. There are more opportunities today to become financially free than there has ever been in 7000 years of recorded history.   Thank you for joining me on your journey to becoming a S.M.A.R.TMoney Manager. Remember to follow the action steps. TAKE ACTION! There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, which you can find on Amazon.   Thank you for listening to this course! I hope you enjoyed it.   Would you like to take the next step towards becoming financially free?   Bonus Lesson   You have now learned how to manage you money the S.M.A.R.T way. I have created a special bonus lesson to take you to the next level by showing you how you can create more income!   I will send you the bonus lesson if you follow the steps below and watch my free video training. Just email once you have registered.   Millionaires and millionaire habits have been studied and documented at academic levels for the last hundred years. We know exactly what the millionaire habits and traits are, as success leaves tracks. All you have to do is follow their tracks to become wealthy and financially free!   If you would like to learn more about investing and managing your money, become a professional property investor, or would like tobe financially free without working any harder, watch this free on demand training.   I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2    See omnystudio.com/listener for privacy information.

Exclusive free training for my Money Tips Podcast followers!   Welcome To The Course, Mastering Money The S.M.A.R.T Way Without Working Any Harder!    Lesson #5   REVIEW YOUR FINANCES REGULARLY    Welcome to part 5 of this course and congratulations on making it this far! You are well on your way to becoming a Money Master.   In this lesson, we look at reviewing your finances. It's all very well planning, saving, economising and setting up investments, but unless you review your plans on a regular basis you are likely to get off-track or come unstuck. Just like a ship's captain, you have to review your course and make adjustments to reach your destination. Remember to think of yourself or your household as a business in terms of managing your finances.  What do well managed businesses do?  Businesses:   Have a mission statement, or purpose, and a business plan. Review plans at least once a year to keep the ship on course. Hold regular board meetings to review plans, performance and targets. Hold annual meetings with their accountants, legal or financial advisers. Have a disaster recovery plan in case of a fire, flood, robbery or IT failure. Hold reserves and contingency funds to see them through the lean times. Project forward using a cashflow forecast to anticipate peaks and troughs. Review mortgages, loans or leases to ensure they are getting the best deal. Review their insurance policies, liabilities and savings rates on their reserves.  Review expenditure on their utilities, suppliers, water and broadband contracts Your ‘head office' is your home and your ‘board room' can be your kitchen table.    When I was running a business, we never wasted office space by having a dedicated board room with a big shiny oak table and leather chairs. You don't even have to hold meetings in the home or office.    We held our most productive meetings in the local café over a cup of coffee and a croissant. We also generated ideas and built morale by taking the staff away on team building weekends or buying pizza on a Friday afternoon and just sitting down with everyone to eat together.   The general principle is to sit down – with your partner, family or adviser – on a regular basis (monthly or yearly) to review your finances and plans.    Most people never do this, and is it's no coincidence that most people struggle with money.   If you have a family, make sure you include them in your plans and dreams.   The 3 R's of Money Management TM   The 3 R's formula, featured in my book, Yes, Money Can Buy You Happiness, gives you a simple, but effective, 3 step plan to stay on top of your finances.   Read or Review   Read your bank, credit card and mortgage statements.  Read the list of regular payments going out of your account and credit cards. Read loan agreements and terms before you sign them and ask, take advice. Read a simple book on managing your finances or look online.   Whilst this may seem obvious, I can tell you from my experience in financial services that most people do not follow the above steps.    Brian Tracy once said that reading for an hour a day on a subject will make you an expert within a short period and a world-renowned authority within three to five years.   Revise   Revise your credit cards and loans and shop around for better deals. Revise the minimum payment you make each month to clear the debt faster. Revise your mortgage loan if you feel you can get a better deal without penalties. Revise your utility suppliers like gas or electricity if this is possible where you live.  Revise your insurance on your life, health, car, home and personal liability. Revise and adjust your savings and pension plans to keep up with inflation.   The next step after reviewing where you are is to make the necessary adjustments to get you where you want to be. This could include becoming financially free in the next five years or just living comfortably within your budget each month and putting something aside for the future.    Loyalty does not always pay and companies frequently offer better deals to new customers while leaving their existing “loyal” customers on poorer terms and even ‘walking the price up' by a small amount each year.   Shopping around for better deals will save you a small fortune over time. Remember the saying, “A penny saved is a penny earned”. Businesses know that cost saving adds to the bottom-line profits. And it's never been easier to do with all the online comparison websites, which can enable to save money almost instantly.   You don't always have to switch suppliers to save money. Why? Because it costs more to win a new customer than it does to retain one by offering a discount, but if you don't ask, you don't get!   Record   Record Income and Expenditure on a spreadsheet or one of the many App's.   Companies record income and expenditure and prepare monthly, quarterly or annual accounts to check on how they are doing and submit their tax return.    The directors hold board meetings to review the previous year and plan ahead. They budget, make plans and invest in their future in order to stay competitive in the marketplace. You should do the same and realise that you are your own corporation running your economy or ‘uconomy'.     Just like a garden, your finances need nurturing and watering to stay in shape. A small garden might only need an hour a week. A larger one will need more and may require some part-time help. A huge garden or estate requires full-time staff constantly working on it, just like a farm. A farmer knows when to plant seeds, when to weed and tend and when to harvest and sell.   Yes, these action steps require effort and discipline, but not doing them will cause you far more pain. What's easier, giving the lawn a quick trim every week or trying to hack your way through a jungle of thick weeds and thorns after years of neglect?   The rich and well-off look at their finances all the time, not just when there's a crisis. They know what's coming in and where it goes, and they are always shopping around for a better deal or investment opportunity.   The poor and less well-off, do not! It's that simple. Despite having limited income, I have found that those struggling with money are more likely to have no idea how much is coming in or where it's going. They also make poor financial decisions, buy expensive and overpriced consumer goods and rarely review their finances, which is why they remain broke and trapped in a rut.   Some of the new challenger banks have neat features that allow you to manage your cash more effectively on your smartphone. They give you expenditure summaries and send an alert to your phone when money goes in or out of your account. I've just had an alert on my phone advising me that a Direct Debit payment just left my account. If I use my card in a store I'm also immediately alerted.    Summary Lesson 5   Thinking of yourself as a business, and following best business practice, will transform your life. Even if you work for someone else you can still have the mindset of a company hiring yourself out for money. Action Steps Follow the 3 R's formula – Read or Review, Revise and Record Read everything to do with your money Revise agreements and investments Review your finances monthly, quarterly or at very least annually.  Congratulations on completing this module. In the next lesson, we will be looking at tracking your income and expenditure.   Millionaires and millionaire habits have been studied and documented at academic levels for the last hundred years. Bestselling books, like The Science of Getting Rich and Thinks and Grow Rich, were written almost a century ago. I have also published my own book on how people get wealthy: Yes Money Can Buy You Happiness. You can find it on Amazon:https://www.amazon.co.uk/Yes-Money-Can-Buy-Happiness/dp/1095175858   We know exactly what the millionaire habits and traits are, as success leaves tracks. All you have to do is follow their tracks to become wealthy and financially free!   If you would like to learn more about investing and managing your money, become a professional property investor, or would like tobe financially free without working any harder, watch this free on demand training.   I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2  See omnystudio.com/listener for privacy information.

Exclusive free training for my Money Tips Podcast followers!   Welcome To The Course, Mastering Money The S.M.A.R.T Way Without Working Any Harder!    Lesson #4   HOW TO ACCUMULATE WEALTH OVER TIME   In this module, we are going to cover saving, investing, and accumulating wealth.   If you cannot save money, the seeds of greatness are not in you. Clement Stone   Get into the habit of saving until you get more satisfaction from rationally putting money aside than you do from irrationally spending it.   The events of the last year has exposed the fact that millions of people have no savings. After years of working in first-world prosperous countries they are broke, and dependent on benefits and foodbanks.    We all need savings to fall back on and to enable us to stop working or at least stop exchanging our time for money. If you have no form of passive income, you can never stop working.   In simple terms, savings can be categorised into three general areas:   Short term  Medium Term Long term    Short term savings can be for a contingency fund for emergencies, holidays or to buy something you need.   Medium term savings can be for larger items, like a deposit for a house, an investment into a business or a car.   Longer term saving is generally for retirement but can also include children's college education.    Pay yourself first   A basic principle is to pay yourself first before you pay everyone else.   Think of saving as paying yourself rather than depriving yourself of candy when your pocket money was taken away from you by your parents.   Savers automatically transfer a percentage of their income into some form of savings vehicle as soon as they receive it and live on the rest.   Spenders spend and live on their salary and save whatever is left over, if any.    Who do you think saves the most money?    Money Master savers also maximise their tax-free allowances into things like tax-efficient pensions and schemes to make sure their money is working hard for them and they are paying less tax.   The poor work hard for their money, the rich make their money work hard for them. Robert Kiyosaki    An easy way to save is to use the ‘jam jar' method that your grandparents used when money was tight, everything was paid in cash and people didn't use banks as they do today.   When the weekly wage came into the household it was divided up, usually by the women, and put into various empty jam jars to cover the rent, fuel, food and replacement items like children's shoes. People also saved for birthdays and Christmas.   You can use this method by dividing your monthly salary into virtual ‘jam jar' separate bank accounts rather than one account.   You can name the accounts whatever you like, but I would suggest something along the following lines:   Emergency or contingency fund Medium term savings Long term savings  Play account – fun things for yourself including trips, meals out and clothes Giving account – for charity donations.    You could also add a training and development account to be invested in yourself in the form of books and courses.   The percentages will vary according to your means.   But the important point here is to get started, even if you can only save 10% of your income. Start this process online right now. Many of the newer “challenger” banks operate entirely online and can set up an account within minutes.   If you're thinking that you cannot possibly save 10% of your income, look at your income and expenditure sheet. If you haven't done one yet check your bank and credit card statements to see where your money goes.    If your budget is so tight and you have economised everywhere and still have absolutely nothing leftover, you may have to consider ways of increasing your income by getting another job or starting a home-based business in your spare time.   I have helped people transform their wealth through my book and coaching programme.     Mark Victor Hansen, co-author of the Chicken Soup For The Soul book series which has sold 500 million copies all other the world, teaches a ‘10,10,10,70' wealth formula in his book, The One Minute Millionaire.   The multi-millionaire entrepreneur advises that you divide your income in the following way:   10% Giving 10% Investing – for the long-term needs 10% Saving – for short to medium-term needs 70% to live on.   Pensions   Start saving for your pension as early as you can and save as much as you can.    As a rough guide, every 5 years of delaying a pension savings plan means your eventual fund will halve in value. In other words, every 5 years you wait, means you will need to pay in twice as much to get the same result.    When we are young, we think we have all the time in the world. But you may not have as much time as you think.    For instance, if you are aged 30 now, you have roughly 30 years of working life ahead of you if you plan to retire at 60. Thirty years sounds like an awfully long time, however, if you break it down into pay or salary cheques, 30 years is just 360 salary payments - 12 per year times 30 years assuming full employment.   At 40, you have just 240 salary payments left, and at 50, just 120, assuming you manage to stay in work and in good health.    Even a full working life of 40 years is only 480 pay cheques. If you save $100 per month for 40 years, it will give you a fund of $48,000 plus growth, less charges. You couldn't live on that for the rest of your life today, let alone in 40 years' time. Even $1000 per month would still only be $500,000 plus growth.   You can still combine pensions with other forms of investing, such as property, stock market and business, and even use your pension scheme to buy shares and commercial property, subject to the rules. This is a specialist subject, and you should take independent professional advice.   Before you jump into something like property, remember that buy-to-let investing does not suit everyone and is certainly not a passive form of investment. Buying property requires knowledge and expertise, as well as a diligent work.     Take independent financial advice on this important area of your life. Don't leave it to chance and risk living in poverty in your old age. If your employer provides a good pension scheme, that's great, if not, or you are one of the millions of self-employed or casual workers, you're on your own and will have to “row your own boat” to retirement.   Don't rely on the government Pension ‘Ponzi' scheme to look after you in retirement   Most government state retirement pension schemes have no actual fund.   Benefits are paid to retirees out of tax collected by working people. If I ran a pension scheme using the ‘Bernie Madoff method' – keep collecting money and use that to pay investors – I'd be put in jail!    The UK Institute for Fiscal Studies (IFS) research found that in 2004, there were approximately 4 working age individuals (aged 20-64) for every 1 person aged 65 and over.    By 2056 this ratio is predicted to fall to about 2:1 or half the current level.    How can the government afford to fund state pensions at the same level if the income from working taxpayers drops by 50%?    The UK government has already started pushing back retirement ages for men and women and more cuts will be needed.     People are also living far longer in retirement than they did to when the state pensions schemes were introduced after the Second World War. The numbers no longer add up, if they ever did!   These schemes are bust!   Summary Day 4   Saving is a habit. If you cannot save money you will struggle with money and debt for the rest of your life and will never be able to afford to retire comfortably.   Action Steps   Pay yourself first. Set up an automatic transfer of a percentage of your income into ‘jam jar' accounts the day your salary hits your account. Save for retirement as soon as possible. See an adviser or research pensions. Always learn and do your own research before investing in any asset.   Congratulations on completing this module. In the next lesson, we will be looking at reviewing your finances to keep you on track.   If you would like to learn more about investing and managing your money, become a professional property investor, or would like tobe financially free without working any harder, watch this free on demand training.   I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2 See omnystudio.com/listener for privacy information.

Exclusive free training for my Money Tips Podcast followers!   Welcome To The Course, Mastering Money The S.M.A.R.T Way Without Working Any Harder!    Lesson #2   SPEND WISELY AND AVOID EXPENSIVE CONSUMER DEBT   In this module, we are going to learn how to spend wisely and avoid consumer debt.   “Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery”. Charles Dickens, David Copperfield   Spending wisely means living within your budget, buying the things you really need and not indiscriminately shopping for things you want.   For instance, you need basic necessities such as food, utilities and a roof over your head, but do you really need Netflix?    Consumer debt   “Borrowing money at 18% to buy consumer goods is dumb” Warren Buffett   The legendary investor Warren Buffett, whose Berkshire Hathaway company owns banks and credit card companies, actually warned investors against carrying a credit card balance!   Millions of Brits and Americans carry a permanent balance on their credit card – before the covid crisis, 110 million American had credit card debt paying a crippling average rate of 16%.   “You can't go through life borrowing money at those rates and be better off,” Buffett added.   Buffett said that an old friend of his who came into some money and asked his advice on what to do with it. He asked if she had credit card debt. She said she did, and was paying an interest rate of about 18%.   “If I owed any money at 18%, the first thing I'd do with any money I had would be to pay it off,” Buffett advised her.    By paying off the balance, she would save more money on interest than any return she could earn by investing the money, whether in the stock market or in real estate or elsewhere, Buffett advised. He added, “I don't know how to make 18%”.   If one of the greatest investors of all time admits that he cannot make more than the rate charged on a credit card, what makes you think you can?    You should still keep some money aside for a rainy day, but pay down expensive debt rather than keep cash in the bank earning less than 1% and don't buy stuff which go down in value using credits cards.    How much are you paying each month on your credit card bill?   Chances are, you are paying the minimum amount required.    Paying the ‘minimum payment' on your card balance will take between 10 and 20 years to clear the debt depending on the interest rate charged?   This practice is highly profitable for the card companies and extremely costly for consumers. UK card companies are now required to warn customers about the cost of paying off the minimum amount required.    Check your credit card statement now. If you are just paying the minimum ‘default' figure, increase this immediately to a higher amount you can afford, or clear the entire balance.   Questions to consider   How much interest are you paying on your credit cards?   How do you use your credit cards?   How much do you pay off each month?   Would you still buy that gadget or item of clothing if you had to pay for it in cash or straight out of your bank account?    Albert Einstein said ‘compound interest is one of the most powerful forces on earth'.    Using compound interest to your advantage in saving and investing, will make you rich. Used against you by borrowing, it will make you poor and someone else rich.    At an annual interest rate of 18%, how long would it take for the investment or debt to double?   The Rule of 72.   The Rule of 72 is a simple way to determine approximately how long an investment will take to double given a fixed annual rate of interest. By simply dividing 72 by the annual rate of return, you can obtain a rough estimate of how many years it will take for the initial investment to double.   72/18 = 4   In other words, a sum of money invested at 18% pa will double approximately every four years.    Similarly, a debt with interest rolled up will double in four years.   You can see how powerful compound interest is when applied to debt. The average UK mortgage holder will pay over half a million pounds in interest over their lifetime.   Summary Day 1   The first step to becoming a SMART MONEY MANAGER is to spend wisely and avoid expensive consumer debt. By taking this step alone you will see a dramatic improvement in your financial and emotional wellbeing.    It's not about how much you earn, but how you manage your money that counts.    You could earn more money by getting a pay rise, but unless you change your money habits, you'll soon be back where you started.   Action Steps   Think about how you spend your money.    Start making a list of all your income and expenditure using your bank and credit card statements including all the standing orders and direct debits. You can use a notebook, spreadsheet or a smartphone app to keep your record.    Your list of expenditure will fall into two categories – Fixed and Variable.   Fixed costs, which can include:   Rent or mortgage Food shopping Utilities and energy Regular bills Club membership and subscription payments   Variable expenditure, which can include:   Clothing, coffees, drinks and treats Meals out and takeaways Repairs  Any other stuff you indiscriminately buy on a whim or because it's ‘on sale'.   Simple money saving tips you can use right now.   If you are running short every month, think about where you can make savings.    There are so many ways of making savings from switching utility providers to finding a better loan or mortgage deal. Switching mortgage deals has saved me tens of thousands of pounds.   Here are a few simple money saving tips:   Cook your meals and cut back on eating out at restaurants and buying takeaways. Prepare proper meals using fresh ingredients instead of buying more expensive, and less healthy, ready microwavable meals?   Drink less alcohol. How often do you go to the pub of bars and how much do you spend on a night out?   Buy less coffees and make your own. How many visits to Starbucks do you make each week? You can make fresh coffee for a fraction of the price of Starbucks.   Save a fortune on credit card interest. You can save by switching to a lower rate or interest free deal which can help you increase your payment towards reducing the balance. Just Google ‘best credit card deals' and you'll find hundreds of offers which can save you money.   Use cards only when necessary and try to clear the balance in full each month to avoid interest charges.   Review insurance every year. Insurance companies make it easy to auto-renew your household and motor insurance every. Making the effort to shop around could save you hundreds of pounds.   Review your mobile phone contract and utility providers. Reviewing your phone contract or plan is a great way of saving cash and you don't have to change providers. Call your provider today.   Your expenditure list will immediately help you identify any obvious targets for cutting back, like that subscription you no longer need or the recurring payment you'd completely forgotten about – we've all been there.   I cover many more money saving ideas in my free Money Tips Podcast.    I'm not saying you should give up having fun and live a reclusive life living like a miser. You can enjoy life more if you live debt free within your budget, save for the things you really want and increase your income when you want more.    You don't have to follow the “I want it now” crowd!   Thank you for listening and congratulations on completing this module. In the next module, we will cover further steps on managing and respecting your money.   Would you like to learn how to become financially free without working any harder and spending your life exchanging your time for money watch this free on demand training now to learn how to become financially free without working any harder. As a thank you, I will give a special free gift which can help transform your finances when you attend the online training. If you enjoyed this and found it helpful, please like and share with your friends and follow me on social media to give more people free value.   Click on this link to watch the free training now https://bit.ly/3wLWqx2  See omnystudio.com/listener for privacy information.

Welcome To The Course, Mastering Money The S.M.A.R.T Way Without Working Any Harder! Lesson #1 Introduction And Course Overview Do you struggle with money? Do you worry about money? Do you have arguments with your partner over money issues? Do you have loans or credit card debt and struggle to keep up the payments? If you have answered “yes” to any of the above questions, this is definitelythe course for you. How To Master Your Money The S.M.A.R.T Way Congratulations on taking the first step to taking back control of your finances and life! Full text see - https://homebasedbusinessideasuk.blogspot.com/2021/07/exclusive-free-training-for-my-money.html Action Steps Starting today, make it your business to become a SMART MONEY MANAGER and you will start to see your fortunes turn around and you will find peace of mind. In fact, 99% of your money worries will evaporate, because the root of everyone's financial worries can be traced to the following 5 SMART rules. SMART MONEY MANAGERS: S. Spend wisely and avoid expensive consumer debt M. Manage and respect their money, making informed investment decisions. A. Accumulate wealth over time taking the long-term perspective R. Review their finances on a regular basis and make appropriate changes T. Track their income and expenditure on a daily or weekly basis Thank you for listening. In the next lesson, we will go into spending wisely and how to avoid expensive consumer debt. If you enjoyed this and found it helpful, please like and share with your friends and follow me on social media to give more people free value. Would you like to learn how to become financially free without working any harder and spending your life exchanging your time for money watch this free on demand training now to learn how to become financially free without working any harder. As a thank you, I will give a special free gift which can help transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2

Exclusive free training for my Money Tips Podcast followers!   Welcome To The Course, Mastering Money The S.M.A.R.T Way Without Working Any Harder!    Lesson #1   Introduction And Course Overview    Do you struggle with money?   Do you worry about money?   Do you have arguments with your partner over money issues?   Do you have loans or credit card debt and struggle to keep up the payments?   If you have answered “yes” to any of the above questions, this is definitely the course for you.   How To Master Your Money The S.M.A.R.T Way   Congratulations on taking the first step to taking back control of your finances and life!   My name is Charles Kelly, and I am the author of three books and the creator of the Money Tips podcast which has over 200 episodes. As a qualified financial adviser, I spent 25 years working for banks, insurance companies and running my own business, as well as investing in property and the stock market.    This course is about personal finance and money, not global economics. It's about managing your internal economy, or what I call your ‘U'conomy', rather than worrying about what's going on in the external world of global markets, national debt, recessions and the daily crisis you see on the news.   Focus on your economy and what you can control.   In every town, there are people who are doing well and there are those who are struggling – even when they are in the same business.   During recessions and depressions, boom or bust, people build fortunes, while others fail.    It's not about the economy, the government or where you live.    It's about you!    It's about what you do and what's going on in your head that really counts.    We live in the most prosperous time in 7,000 years of recorded history. There has never been a better time to learn, start a business, build a career and live the life you truly deserve.   The things you learn and habits you form in this course will change your life and last a lifetime – if you follow the action steps.    By the end of this course, you will have learned how to Master Your Money and become S.M.A.R.T Money Manager. Using this simple management system will help you to:   Spend wisely and avoid debt Manage and respect your money Accumulate wealth over time Review your finances on a regular basis Track your income and expenditure   SMART Money System   Have you ever said “I don't know where it all goes”?    Millions of people who live their lives in poverty and debt. People go to work for forty, fifty, and even sixty-hours a week and bring home a pay cheque. After all that effort, by they have paid their bills, debt repayments and the family is fed, there is nothing left.    This pattern of behaviour can go on for years or a lifetime unless the habit is broken. Inbuilt behavioural patterns can only be interrupted by an awakening, attending a course or reading a book, or by a traumatic lifechanging event, such as bankruptcy, bailiffs towing away your car or repossessing your home.   Sometimes, we need to reach rock bottom in order to break a harmful addictive habit. Spending money you don't have on toys using expensive debt can be just as damaging as a gambling addiction. When the reality of bad debt finally catches up, it can destroy your life and the lives of those around you.    “Fast credit” should be called “fast debt”.   Debt repayments, such as credit cards and personal loans can quickly drain your bank balance, and forever place you in the servitude of banks. Millions of people never break free and spend their lives in debt and go to their graves owing money, which the banks still pursue even after death.    Credit card companies and banks, feed you the candy of easy credit like a drug dealer.    They send you letters offering credit limits you cannot afford, and increase them when you reach those limits!      You can juggle your debts with interest free (but not fee free) offers or consolidate your bills into “one easy payment” instead of a lot of small ones, but all this does is delay the inevitable. You need a lifestyle change starting with your spending.    “A penny saved is a penny earned”. Benjamin Franklin   It's not how much you've got, but how you use it.   Don't make the mistake of believing that it's all about how much you earn. In my years working as a financial adviser, I met hundreds of clients earning huge salaries who were still broke and overdrawn every month.    When I worked for a leading bank, one of our customers was a trader in the City of London. He was earning at least ten times the average income, plus he received an extremely generous quarterly bonus of around £40,000. Unbelievably, his account was so overdrawn by the end of each quarter that all of his bonus was needed to clear it. That was in addition to the various ‘gold' credit card debts and personal loans for luxury goods.   Banks love customers who spend and borrow, as long as they keep up the repayments. They are not too keen on customers who pay off their credit card balance in full each month or repay their mortgages early by accelerating the payments.   I also had many clients earning modest salaries who lived a good life, yet also saved a regular percentage of their income into pensions and savings. Some bought investment properties with their spare cash or built-up substantial stock and share portfolios. Managing and investing their money was their hobby.   One particular lovely couple comes to mind.    I was amazed to discover that they had saved over a quarter of a million pounds in cash and stocks and shares. They paid off their mortgage early and helped their Son buy his first house.    They were the typical ‘millionaires next door' with combined assets, when you include the value of their final salary pension schemes, of more than a million pounds, But you would never guess it because they did not act like the stereotypical “millionaire”.    Best of all, they were happy and looked a lot less stressed than my city trader client who always seemed to be under pressure. Unlike the trader, they were in control of their finances.    Control of finances is part of control of life.   Being in control and giving back are also key factors in feeling happy.    These are exactly the type of people I meet at Rotary Clubs, church groups or those helping out with community and charity work in their spare time. Giving back is not just virtuous, it also contributes to your own emotional wellbeing. I'm sure that it is no coincidence that everyone I know who has money, gives back their time and money. Which came first?    I explore giving back and the studies into ‘millionaires next door', in more depth my book, Yes Money Can Buy You Happiness.     MONEY TIP Keep a spreadsheet, or use one of the many app's, to record how much comes in from salary or investments and exactly where the money goes. You'll be amazed at the results.  If you found this Money Tip useful, check out my blog at www.moneytipsdaily.com       Action Steps   Starting today, make it your business to become a SMART MONEY MANAGER and you will start to see your fortunes turn around and you will find peace of mind. In fact, 99% of your money worries will evaporate, because the root of everyone's financial worries can be traced to the following 5 SMART rules.   SMART MONEY MANAGERS:   S. Spend wisely and avoid expensive consumer debt M. Manage and respect their money, making informed investment decisions.  A. Accumulate wealth over time taking the long-term perspective R. Review their finances on a regular basis and make appropriate changes T. Track their income and expenditure on a daily or weekly basis   Thank you for listening. In the next lesson, we will go into spending wisely and how to avoid expensive consumer debt.   If you enjoyed this and found it helpful, please like and share with your friends and follow me on social media to give more people free value.   Would you like to learn how to become financially free without working any harder and spending your life exchanging your time for money watch this free on demand training now to learn how to become financially free without working any harder. As a thank you, I will give a special free gift which can help transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2 See omnystudio.com/listener for privacy information.

Canada has announced that it will increase immigration into the country and simplify the process in order to help the economy recover and grow Canada aims to accept over 400,000 permanent residents each year under the 2021-2023 Immigration Levels Plan. The focus of the new plan will be geared towards economic growth, with the Economic Class accounting for 60% of new admissions. The new Canadian migrant visas are aimed at increasing numbers of people through the following programmes:   Self-Employed Persons Program Federal Skilled Trades Program Federal Skilled Worker Program Canadian Experience Class   Start-up Visa   In recent years, Indians have made up the largest nationality to obtain permanent residency in Canada. Migrants have been helped by a more straightforward path to citizenship, as well as schemes aimed at attracting entrepreneurs and highly skilled workers.  According to immigration analysts, the main reason behind increased migrants from the US to Canada is the confusion surrounding the H-1B scheme, as well as the extremely long waiting times for a US green card for Indians. Immigration is critical for Canada, not only for surviving the pandemic, but also to short-term and long-term economic recovery and growth Marco E. L. Mendicino, Minister of Immigration, Refugees, and Citizenship said, “As we look to the future, newcomers create jobs not only by providing our businesses with the skills they need to thrive, but also by starting their own businesses.” He added, “Our plan will help to address some of our most pressing labour shortages while also increasing our population to keep Canada competitive on the global stage.”. To fill critical labour market gaps and remain competitive on the global stage, the 2021-2023 levels plan aims to welcome immigrants at a rate of about 1% of the Canadian population, including 401,000 permanent residents in 2021, 411,000 in 2022, and 421,000 in 2023.  While Immigration, Refugees and Citizenship Canada (IRCC) continued to accept and process applications throughout the pandemic, global travel restrictions and capacity constraints resulted in a shortfall in admissions in recent months. In my recent Money Tips Podcast, I interviewed Toronto native, Jas Takhar, co-founded the REC and real estate firm Royal LePage. Jas, who runs one of the leading real estate companies in Canada and is the author of the book Real Estate Intelligence, pointed out that around three times more homes will need to be built to accommodate new arrivals as well as fast-growing local demand in a hot property market.   Canada has been a popular destination for migrants from all over the world including Hong Kong, India, The Philippines, Africa and European countries. This is due to a number of factors, such as Canada’s strong economy, migrant friendly policies and healthcare, but especially because their route to permeant residency and Canadiancitizenship is so much faster easier than in other countries.   The UK is also opening up new immigration routes post-Brexit having abandoned former Prime Minister David Cameron’s 2010 target of cutting net migration to the “tens of thousands”.  However, the UK government has pledged to clamp down on illegal immigration with plans to reduce the number of appeals against deportation.  UK lockdown slowly coming to an end giving hope to a battered economy. See also: Immigration Rule changes opens door to recruit overseas health and senior care staff to work in the UK Why Migrate Abroad When You Can Make Money From A Risk-free Online Business Have you ever tried to start an online business, but were then let down by software and web developers, or found web building software, such as Wordpress, too difficult to use? I certainly have. I recently discovered a new system that changed everything for me. GrooveFunnels software is helping me in my online marketing business – and I was able to setup a website in a matter of hours instead of weeks and months… It’s easy to use, it works and free to use and get started. Yes, free Access to GrooveFunnels - the new best way to build better funnels and web pages that sell! Take a closer look at it yourself, and pick up your free account while you’re there: https://groovepages.groovesell.com/a/uy9VcdqIvopT See omnystudio.com/listener for privacy information.

Toronto’s housing market has boomed during the lockdown, but there is still a massive shortage of homes, which will get worse as Canada opens the doors to 400,000 new economic migrants every year. In this week’s Money Tips Podcast, I interview Toronto native, Jas Takhar, co-founded the REC and real estate firm Royal LePage. Jas, who runs one of the leading real estate companies in Canada and is the author of the book Real Estate Intelligence, pointed out that around three times more homes will need to be built to accommodate new arrivals as well as fast-growing local demand in a hot property market.   Key Takeaways: Property prices in some parts of Greater Toronto Area grew by 36% last year  Jas believes the downtown Condo market is under-priced right now Jas puts out 20 pieces of content on social media every day Jas podcasts and was a guest on over 69 podcasts last year Most salespeople fail to follow-up on prospects Mortgage rates from as 1.6% fixed for 5 years Canada will recruit 400,000 immigrants a year Strong underlying economy Canada has been a popular destination for migrants from all over the world including Hong Kong, India, The Philippines, Africa and European countries. This is due to a number of factors, such as Canada’s strong economy, migrant friendly policies and healthcare, but especially because their route to permeant residency and Canadiancitizenship is so much faster easier than in other countries.   The UK is also opening up new immigration routes post-Brexit having abandoned former Prime Minister David Cameron’s 2010 target of cutting net migration to the “tens of thousands”.  UK lockdown slowly coming to an end giving hope to a battered economy. See also: Immigration Rule changes opens door to recruit overseas health and senior care staff to work in the UK Why Migrate Abroad When You Can Make Money From A Risk-free Online Business Have you ever tried to start an online business, but were then let down by software and web developers, or found web building software, such as Wordpress, too difficult to use? I certainly have. I recently discovered a new system that changed everything for me. GrooveFunnels software is helping me in my online marketing business – and I was able to setup a website in a matter of hours instead of weeks and months… It’s easy to use, it works and free to use and get started. Yes, free Access to GrooveFunnels - the new best way to build better funnels and web pages that sell! Take a closer look at it yourself, and pick up your free account while you’re there: https://groovepages.groovesell.com/a/uy9VcdqIvopT   See omnystudio.com/listener for privacy information.

Young people aged 25 to 34 face biggest risk of redundancy  Unemployment rate hits 5% with 1.7m jobless according to ONS 9 million people forced to borrow to cope with COVID-19 disruption 400,000 extra people were jobless in November 2020 compared to previous year Millions of jobs won’t return post lockdown, how can you survive in new economy? AI and new technology will force millions of workers to retrain and learn new skills By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. See more articles at www.moneytipsdaily.com There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. Proposed Leasehold Reforms Could Save You 1000’s Extending Leases Or Buying Freeholds Click Here For Free Leasehold Reforms Report - https://aw102f27.aweb.page/awlist5290445 See omnystudio.com/listener for privacy information.

Unemployment rises by highest rate since 2009 crisis – what can you do to earn extra money? · Young people aged 25 to 34 face biggest risk of redundancy · Unemployment rate hits 5% with 1.7m jobless according to ONS · 9 million people forced to borrow to cope with COVID-19 disruption · 400,000 extra people were jobless in November 2020 compared to previous year · Millions of jobs won’t come back after lockdown – how can you survive in new economy? · AI and new technology will force millions of workers to retrain and learn new skills Proposed Leasehold Reforms Could Save You 1000’s Extending Leases Or Buying Freeholds Click Here For Free Leasehold Reforms Report - https://aw102f27.aweb.page/awlist5290445 By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. See more articles at www.moneytipsdaily.com There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. Kickstart 2021 - 3 Day Insider Property Secrets Course CLICK HERE TO JOIN - http://bit.ly/3pnF9al

Thousands of small businesses are set to receive previously refused insurance claim payments covering losses from the first national lockdown last year, following a court ruling. Supreme Court judges found in favour of small firms receiving payments from Business Interruption Insurance policies. The ruling provides a lifeline to thousands of small businesses, allowing them to survive the coronavirus crisis, but could cost the insurance sector hundreds of millions of pounds and lead to higher premiums in the future. The financial watchdog, the Financial Conduct Authority (FCA), brought the test case, with eight insurers agreeing to take part in proceedings. The major business insurer Hiscox could see huge losses after being challenged by thousands of its policyholders as part of the case. Richard Leedham, who represented the Hiscox Action Group - on behalf of small businesses, told the BBC: "This is a landmark victory for a small group of businesses who took on a huge insurance player and have been fully vindicated. "What is important now is that Hiscox accepts the Supreme Court's verdict and starts paying out to its policy holders, many of whom are in danger of going under". Among the other insurance companies including in the test case are Arch, Argenta, MS Amlin, QBE and RSA - but over 60 insurers offered similar business insurance policies.  Last year, many small businesses made claims through business interruption insurance policies for loss of earnings when they had to close. Insurers refused to pay the claims, arguing only the most specialist policies had cover for such unprecedented restrictions. Insurance companies use phrases like an “act of God” to wriggle of of paying claims. Fortunately for policyholders, it was agreed that a selection of policy wordings should be tested in court, setting the parameters for what would be considered a valid claim. The court ruling provides guidance for over 700 policies, affecting 370,000 small businesses - although not all will benefit. Many small businesses paid annual premiums of over £1,000 for business interruption insurance, sometimes as part of a package of cover included with liability cover, and disease was covered. Many business owners formed a ‘Covid Claims Group’, calling for a quick resolution and settlement. Recent insurance policies would have been amended for new and renewing customers since Covid, so losses from the latest lockdown measures in different parts of the UK would be specifically stated as included, or not, in the cover of newer business interruption insurance policies. The advice is to read your policy document. Other Money News HSBC to close 82 branches in the UK China’s economy grew by 6.5% in last quarter of 2020 As London’s populations falls, will City Centres recover? Mastercard may have to pay millions of cardholders compensation following court ruling See also: Have you applied for the new lockdown grants? By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. See more articles at www.moneytipsdaily.com There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. See omnystudio.com/listener for privacy information.

Thousands of small businesses are set to receive previously refused insurance claim payments covering losses from the first national lockdown last year, following a court ruling. Supreme Court judges found in favour of small firms receiving payments from Business Interruption Insurance policies. The ruling provides a lifeline to thousands of small businesses, allowing them to survive the coronavirus crisis, but could cost the insurance sector hundreds of millions of pounds and lead to higher premiums in the future. The financial watchdog, the Financial Conduct Authority (FCA), brought the test case, with eight insurers agreeing to take part in proceedings. The major business insurer Hiscox... Full article...and more at www.moneytipsdaily.com Other Money News · HSBC to close 82 branches in the UK · China’s economy grew by 6.5% in last quarter of 2020 · As London’s populations falls, will City Centres recover? · Mastercard may have to pay millions of cardholders compensation following court ruling See also: Have you applied for the new lockdown grants? By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. See more articles at www.moneytipsdaily.com There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

Following the third Covid-19 lockdown, which started 5 January 2021, the UK Chancellor, Rishi Sunak, announced a further £4.6 billion in grants to the retail, hospitality and leisure sectors. This new round of support follows extensions to the job retention and loan schemes revealed on 17 December 2020. There may be more to come with the Budget on Wednesday 3 March 2021. New lockdown 3.0 grants  An extra £4.6 billion in lockdown grants has been directed at the worst affected sectors. New grants for closed retail, hospitality and leisure businesses have been introduced. The new grants are in addition to all other forms of support, such as the Lockdown Restrictions Support Grant (LRSG (Closed) Addendum) which applied to businesses that were forced to close between 5 November  and 2 December 2020. The new grants in England will be: £4,000 for businesses with a rateable value of £15,000 or under;   £6,000 for businesses with a rateable value between £15,000 and £51,000; and    £9,000 for businesses with a rateable value of over £51,000. In addition, £594 million is being made available for Local Authorities and the Devolved Administrations to support other businesses not eligible for the above grants, that might be affected by the latest restrictions. Businesses should apply to their Local Authorities. The Devolved Administrations will be receiving additional funding in line with the English measures, with £375 million for Scotland, £227 million for Wales and £127 million for Northern Ireland. The announcement of the new grants talks of helping business “through to the Spring”, with the Chancellor hinting that additional support measures are to come in the Budget on 3 March 2021.  Coronavirus Job Retention Scheme (CJRS)  The CJRS “job furlough” scheme is now running through to April 2021. According to Statistica.com, as of December 13, 2020, approximately 9.9 million jobs, from 1.2 million different employers were furloughed in the United Kingdom as part of the government's job retention scheme. The overall cost in 2020 exceeded £43 billion and continues to rise with more businesses forced to close in lockdown 3. On 17 December 2020 the Chancellor announced a further one-month extension of financial support under the Coronavirus Job Retention Scheme (CJRS) to the end of April 2021. As currently, the government will pay 80% of the salary of employees for hours not worked up to a maximum of £2,500. Employers will only be required to pay wages, National Insurance Contributions (NICs) and pensions for hours worked; and NICs and pensions for hours not worked.  Claims for furloughed employees can only be made for those who were employed and on payroll on 30 October 2020. The employer must have made a PAYE RTI submission to HMRC between 20 March and 30 October 2020, notifying a payment of earnings for that employee. This may differ where an employee has been made redundant, or they stopped working on or after 23 September 2020 and have subsequently been re-employed. Self-employed Income Support Scheme (SEISS) SEISS Continues. No changes to the SEISS were announced alongside the CJRS extension, as the SEISS already runs through to the end of April 2021. Details of the fourth SEISS grant that will cover the three months from February to April have not yet been released. How to apply for SEISS. Loan schemes Most schemes extended to 31 March 2021. On 17 December the Chancellor extended access to the Bounce Back Loan Scheme (BBLS), Coronavirus Business Interruption Loan Scheme (CBILS), and the Coronavirus Large Business Interruption Loan Scheme (CLBILS) until the end of March. Additional support measures In November 2020 the Financial Conduct Authority (FCA) published fresh guidance across a range of issues including mortgages and consumer credit and loans. The thrust of these was to limit the maximum payment holiday to six months, which had to be agreed three months at a time. Source: Tax Briefs. As the government hints at even tougher lockdown action, the Federation of Small Business estimates that 250,000 small businesses will go under this year. By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. See more articles at www.moneytipsdaily.com There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. See omnystudio.com/listener for privacy information.

The third Self-employed Income Support Scheme (SEISS) grant, announced by Chancellor Rishi Sunak on 5 November, has opened up for applications. This grant covers up to 80% of lost income between November and January. If you meet the eligibility criteria the grant will provide a lump sum up to £7,500 to cover up to 80% of your average trading profits. Beware of scams and only apply via the official Government claims portal, which you can do at any time until 29 January 2021. Once you apply, HMRC will check your claim and pay your grant into your bank account within six working days. You will get an email when your payment is on its way. To apply, or check eligibility, you will need the following official government information: Self-assessment unique taxpayer reference (UTR) – if you do not have this, find out how to get your lost UTR. National insurance (NI) number – if you do not have this, find out how to get your lost NI number. Government Gateway user ID and password – if you do not have a user ID, you can create one when you make your claim. UK bank details (only provide bank account details where a Bacs payment can be accepted) including the bank account number, sort code, name on the account and address linked to your bank account. You must make the claim yourself. Your tax agent or financial adviser must not claim on your behalf as this will trigger a fraud alert. We are expecting a fourth grant covering a percentage of average income from February to April 2021. Employees can still benefit from the ‘furlough’ Coronavirus Job Retention Scheme, paying 80% of a furloughed employee’s salary up to £2,500, which is being extended until the end of March 2021. Many self-employed people are slipping through the net and getting no support. Small business owners I speak to complain that they do not qualify for grants or even bounce back loans because they have recently set up their business or their profits are too low. Whilst there is always the option claiming income support benefits through Universal Credit, many self-employed people are still trying to keep their businesses going through the lockdown and are not technically unemployed. As the government hints at even tougher lockdown action, the Federation of Small Business estimates that 250,000 small businesses will go under this year. By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. See more articles at www.moneytipsdaily.com There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. See omnystudio.com/listener for privacy information.

Following the third Covid-19 lockdown, which started 5 January 2021, the UK Chancellor, Rishi Sunak, announced a further £4.6 billion in grants to the retail, hospitality and leisure sectors. This new round of support follows extensions to the job retention and loan schemes revealed on 17 December 2020. There may be more to come with the Budget on Wednesday 3 March 2021. New lockdown 3.0 grants An extra £4.6 billion in lockdown grants has been directed at the worst affected sectors. New grants for closed retail, hospitality and leisure businesses have been introduced. The new grants are in addition to all other forms of support, such as the Lockdown Restrictions Support Grant (LRSG (Closed) Addendum) which applied to businesses that were forced to close between 5 November and 2 December 2020...full article and details available at www.moneytipsdaily.com By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

The third Self-employed Income Support Scheme (SEISS) grant, announced by Chancellor Rishi Sunak on 5 November, has opened up for applications. This grant covers up to 80% of lost income between November and January. If you meet the eligibility criteria the grant will provide a lump sum up to £7,500 to cover up to 80% of your average trading profits. Beware of scams and only apply via the official Government claims portal, which you can do at any time until 29 January 2021. Once you apply, HMRC will check your claim and pay your grant into your bank account within six working days. You will get an email when your payment is on its way. https://www.gov.uk/guidance/claim-a-grant-through-the-self-employment-income-support-scheme To apply, or check eligibility, you will need the following official government information: · Self-assessment unique taxpayer reference (UTR) – if you do not have this, find out how to get your lost UTR. · National insurance (NI) number – if you do not have this, find out how to get your lost NI number. · Government Gateway user ID and password – if you do not have a user ID, you can create one when you make your claim. · UK bank details (only provide bank account details where a Bacs payment can be accepted) including the bank account number, sort code, name on the account and address linked to your bank account. · You must make the claim yourself. Your tax agent or financial adviser must not claim on your behalf as this will trigger a fraud alert. We are expecting a fourth grant covering a percentage of average income from February to April 2021. Employees can still benefit from the ‘furlough’ Coronavirus Job Retention Scheme, paying 80% of a furloughed employee’s salary up to £2,500, which is being extended until the end of March 2021. Many self-employed people are slipping through the net and getting no support. Small business owners I speak to complain that they do not qualify for grants or even bounce back loans because they have recently set up their business or their profits are too low. Whilst there is always the option claiming income support benefits through Universal Credit, many self-employed people are still trying to keep their businesses going through the lockdown and are not technically unemployed. As the government hints at even tougher lockdown action, the Federation of Small Business estimates that 250,000 small businesses will go under this year. By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. See more articles at www.moneytipsdaily.com There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

The Transport Minister has announced that all international travellers will shortly have to provide proof of a test negative for Covid-19 before departing to the UK. Passengers arriving by plane, train or boat, including UK nationals, must take a test up to 72 hours before leaving the country they are in. Passengers arriving from countries which not on the government's travel corridor list must still self-isolate for 10 days, regardless of their test result. Mr Shapps told LBC the testing rule will come into force "likely on Wednesday or Thursday next week", and details of how to get tests abroad will be published on the gov.uk website. Under the new rules - which are expected to come in from next week - anyone who arrives in the UK and has not got proof of a negative test could face an immediate £500 fine. But there will be exemptions for: children under 11 hauliers those travelling from countries without the infrastructure to deliver tests - although details of those have not been released yet arrivals from the CTA Common Travel Area with Ireland. The rule will be UK-wide, although Northern Ireland said it had only "agreed in principle" and was working to solve any policy and operational issues. Non-essential travel abroad is not currently allowed in the UK, after lockdowns were brought in. Source: BBC News For further information and updates see:  Mandatory COVID-19 testing introduced to bolster border measures - GOV.UK (www.gov.uk)  https://www.gov.uk/government/news/mandatory-covid-19-testing-introduced-to-bolster-border-measures Virgin Media jacking up prices again – Richard Branson must need the cash to bail out his airline? How I saved £200 with one phone call. Are you claiming your self-employed coronavirus relief aid? By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. See omnystudio.com/listener for privacy information.

The Transport Minister has announced that all international travellers will shortly have to provide proof of a test negative for Covid-19 before departing to the UK. Passengers arriving by plane, train or boat, including UK nationals, must take a test up to 72 hours before leaving the country they are in. Passengers arriving from countries which not on the government's travel corridor list must still self-isolate for 10 days, regardless of their test result. Mr Shapps told LBC the testing rule will come into force "likely on Wednesday or Thursday next week", and details of how to get tests abroad will be published on the gov.uk website. Under the new rules - which are expected to come in from next week - anyone who arrives in the UK and has not got proof of a negative test could face an immediate £500 fine. But there will be exemptions for: · children under 11 · hauliers · those travelling from countries without the infrastructure to deliver tests - although details of those have not been released yet · arrivals from the CTA Common Travel Area with Ireland. The rule will be UK-wide, although Northern Ireland said it had only "agreed in principle" and was working to solve any policy and operational issues. Non-essential travel abroad is not currently allowed in the UK, after lockdowns were brought in. Source: BBC News For further information and updates see: Mandatory COVID-19 testing introduced to bolster border measures - GOV.UK (www.gov.uk) https://www.gov.uk/government/news/mandatory-covid-19-testing-introduced-to-bolster-border-measures Virgin Media jacking up prices again – Richard Branson must need the cash to bail out his airline? How I saved £200 with one phone call! Are you claiming your self-employed coronavirus relief aid? By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

It’s not the strongest and fittest, but the most adaptable and flexible that survive a crisis 5 Quick Tips To Help Your Business Survive in 2021: If you haven’t done so already, get online and learn how to sell your goods and services to billions of people buying stuff on the internet every minute of every day. Stay open for business as much as legally possible when others close up. Increase your level of service instead of reducing it like most people do! Look for new opportunities which are always out there, especially in recessions. Check .gov website for any grants, support or relief available for your business. Lastly, hang in there and don’t despair! See also episode - 7 Steps to Transform Your Finances in 2021 Whatever New Year’s resolutions you make, set realistic, achievable goals and write them down! Here are my 7 steps to transform your 2021: Review your finances and start saving Review your consumer debts and credit cards Review you spending habits – Use the 3 R’s Review your utility suppliers – energy and mobile phone Review ISA and Pensions and use tax allowance Review your Will and inheritance tax liability Review Tax – have you submitted your tax return yet? Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution? By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community. See omnystudio.com/listener for privacy information.

It’s not the strongest and fittest, but the most adaptable and flexible that survive a crisis 5 Quick Tips To Help Your Business Survive in 2021: 1. If you haven’t done so already, get online and learn how to sell your goods and services to billions of people buying stuff on the internet every minute of every day. 2. Stay open for business as much as legally possible when others close up. 3. Increase your level of service instead of reducing it like most people do! 4. Look for new opportunities which are always out there, especially in recessions. 5. Check .gov website for any grants, support or relief available for your business. 6. Lastly, hang in there and don’t despair! See also episode - 7 Steps to Transform Your Finances in 2021 Whatever New Year’s resolutions you make, set realistic, achievable goals and write them down! Here are my 7 steps to transform your 2021: 1. Review your finances and start saving 2. Review your consumer debts and credit cards 3. Review you spending habits – Use the 3 R’s 4. Review your utility suppliers – energy and mobile phone 5. Review ISA and Pensions and use tax allowance 6. Review your Will and inheritance tax liability 7. Review Tax – have you submitted your tax return yet? Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution? By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.netor send me a message through Facebook or my Money Tips Daily community.

Whatever New Year’s resolutions you make, set realistic, achievable goals and write them down! Here are my 7 goals to transform your 2021:    Review your finances and start saving Review your consumer debts and credit cards Review you spending habits – Use the 3 R’s Review your utility suppliers – energy and mobile phone Review ISA and Pensions and use tax allowance Review your Will and inheritance tax liability Review Tax – have you submitted your tax return yet?   More articles and money news available atMoney Tips Podcast - www.moneytipsdaily.com   Coronavirus lockdown financial lesson  What changes should you make in 2021? Tourist tax plan will wipe out jobs Wealth-tax planned on middle class Will stamp duty holiday be extended? Biggest economic decline in 300 years UK national debt now exceeds £2 Trillion  Government borrowing will reach £394bn Average house prices reach an all time high Thousands trapped in unsellable leasehold flats Government extends ban on landlords evicting tenants  Why UK Property prices rising after stamp duty cut, despite the downturn? New planning rules will open up more opportunities to make money in property You can create a second income during the lockdown…and come out stronger Learn how to make money from property without deposits, mortgages or cash   Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.  Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?  By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com See omnystudio.com/listener for privacy information.

Happy New Year or Happy New Tier! Every year, we change from one year to another, but last year it seemed that we were changing from one tier to another! This is a time to reflect on how things have gone for us, especially since 2020 was the strangest year in our lifetime. Of course, there have been losers, but there have been massive winners too. People running or adapting to an online business models have seen their wealth grow, while many traditional retailers have collapsed. The point is, it’s not the economy that matters is YOU and your U’Conomy Brexit has happened and the UK is now out of the European Union, but not out of Europe.... Full articles and money news available at Money Tips Podcast - www.moneytipsdaily.com There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.netor send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com A have happy and successful 2021!

In 2004, I attended an amazing three-day leadership Summit in Anaheim California. It was organised by the late great Jim ‘how to have your best year ever’ Rohn with a host of other speakers including Brian Tracy, Denis Waitley and Charlie ‘Tremendous’ Jones!   It was one of the best organised events I’ve ever attended. I bought a gold ticket and was given an allocated seats three rows from the front.   As I walked into this massive room with about 2000 people in attendance, there was a loud rock music playing and lights flashing with cameras flying all over the place recording every moment. To say the atmosphere was electric was an understatement. It was like an earthquake of energy.   I was pleased to have an allocated seat because I hate that scrum you get when the doors open. People charging up the aisles to reserve a good seat. This was civilised and organised.   During the intervals you didn’t have to queue up through one door to get out. All the side doors were opened and right opposite where the line of tables with a drink station of water and free coffee. There are no long queues and waiting 20 minutes to get a coffee.   I sat down on my seat and said hello to the people either side of me, one of whom was a friendly young guy called Jeff Roberti.   I got chatting to him and asked him what he did. He said he was a network marketing.   Immediately I thought, okay, struggling multilevel marketing who has invested a fortune in stock pod up in his garage and he’s not making any money. My assumption could not be further from the truth.   Turns out Jeff had gone from being a waiter in Florida to joining a vitamin company and building a massive worldwide team. At the time I met him, he had just passed the “$50 million in commissions”. I later had a chance to meet Jim Rohn who knew Jeff very well and confirmed his $50 million success story. I contacted Jeff 10 years later and he was pushing $100 million and still with the same company.   Later that day, one of the speakers gave us an exercise. He asked us to turn to the person next to us and exchange our number one best tip for success.   I turned to Jeff and he started with his tip.   He became very serious and looked me in the eye and said:   “Charles, if you want be successful you have to focus on one thing at a time and keep doing that thing to the best of your ability until you succeed”   He added that when he was a waiter, he was the best waiter in the restaurant and when he joined the vitamin network marketing company, he gave it everything he had with all of his focus and attention.   Then he said okay now it’s your turn.   How the hell can I follow that? What am I going to say to him? He is my tip to make another $50 million! I can’t even remember what I said but I mumbled some rubbish and he thanked me.   What am I saying here? Am I telling you to join a network marketing company, no! You have to find whatever is right for you, but whatever it is, you must focus with all your attention and energy on that.   Nowadays, we are bombarded by millions of messages and advertisements on social media, email and television all seeking our attention.   People find it so hard to focus and concentrate that they can barely finish a book.   It’s so easy to hop from one thing to another chasing that shiny penny like a lost butterfly.   I’ve just completed a mindfulness course and part of being mindful is developing the ability to focus. Focusing on your breathing for instance.   Most people find it difficult to focus on one thing at a time. Their minds drift from subject to subject like a butterfly. Mindfulness teaches you to keep coming back to your breathing. Just focus on your breath.   In your business and career this can often lead to a lack of success.   The ability to focus is crucial to success in any endeavour.   I once heard a talk by Brian Tracy who said that he was always amazed that the dumbest kid in the class often turned out to be the most successful. He joked at how it is always so annoying to find that somebody dumber than you, is richer than you.   What Brian was really talking about was that they are the people that just focus on one thing rather than multi-tasking on dozens of things.   My mother told me a story about when she was growing up in Ireland in the 1940s. There was one boy in class who are so dumb that he tried to push a donkey with two baskets on its back through an narrow gate. Everybody could see that there was no way the donkey could get through with two baskets either side of his back. At this boy did was to keep pushing it.   A few years later houses in rural areas were being wired for electricity. This same “dumb” boy watched how they did the job and somehow picked up on it.   He then went on to wire every house in the area making a substantial amount of money and building a new business. That’s all he focused on wiring houses.   Of course, being branded as dumb just because you are not academic is entirely wrong and discriminatory. Just because somebody is not academic it does not mean that they are not intelligent or ignorant. After all, not everybody is interested in the classics, literature and poetry – the sort of knowledge that Napoleon Hill described as the kind of “general” or non-specialised knowledge is not needed to make a fortune.    We now though that IQ, largely measured by solving problems, is not the only measure of intelligence.   Footballers are often mocked because they appear to be stupid and inarticulate and uneducated. This is a snobbish middle-class view of intelligence.   Wayne Rooney was ridiculed for being stupid in the media. Yet he had an amazing ability on the field to analyse complex positions and situations of play. He could judge the accuracy of the shots or pass with uncanny ability. He could also time a header or an overhead kick of a ball flying through the air at 50 mph and score a goal. Just because he lacked academic ability, because he spent his youth focusing solely on developing his skills as a footballer, does not mean that he is dumb.   If you want to have your best year ever, use mindfulness and focus to concentrate on the really important things that matter to you and your family most. Don’t waste your time on distractions or get hung up because you can’t answer the questions on Who Wants to be a Millionaire!   Set your goals and targets and keep focusing on them. And when you mind wanders, keep “coming back to the breath”.   I wish you a very merry Christmas and a happy and prosperous new year!   More articles and money news available atMoney Tips Podcast - www.moneytipsdaily.com By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com See omnystudio.com/listener for privacy information.

What changes should you make in 2021? More articles and money news available atMoney Tips Podcast - www.moneytipsdaily.com   London goes in Tier 3 Tourist tax plan will wipe out jobs Wealth-tax planned on middle class Will stamp duty holiday be extended? Biggest economic decline in 300 years UK national debt now exceeds £2 Trillion  Government borrowing will reach £394bn Average house prices reach an all time high Thousands trapped in unsellable leasehold flats Government extends ban on landlords evicting tenants  Why UK Property prices rising after stamp duty cut, despite the downturn? New planning rules will open up more opportunities to make money in property You can create a second income during the lockdown…and come out stronger Learn how to make money from property without deposits, mortgages or cash   Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.  Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?  By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com See omnystudio.com/listener for privacy information.

As the vaccine rollout starts, will the drug companies make huge profits and should you follow Warren Buffett by investing in big pharma shares?  More articles and money news available atMoney Tips Podcast - www.moneytipsdaily.com   Tourist tax plan will wipe out jobs Wealth-tax planned on middle class Will stamp duty holiday be extended? Biggest economic decline in 300 years UK national debt now exceeds £2 Trillion  Government borrowing will reach £394bn Average house prices reach an all time high Thousands trapped in unsellable leasehold flats Government extends ban on landlords evicting tenants  Why UK Property prices rising after stamp duty cut, despite the downturn? New planning rules will open up more opportunities to make money in property You can create a second income during the lockdown…and come out stronger Learn how to make money from property without deposits, mortgages or cash   Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.  Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?  By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com   See omnystudio.com/listener for privacy information.

Which drug companies will benefit from Covid vaccine? As the vaccine rollout starts, will the drug companies make huge profits and should you follow Warren Buffett by investing in big pharma shares? More articles and money news available at Money Tips Podcast - www.moneytipsdaily.com · Tourist tax plan will wipe out jobs · Wealth-tax planned on middle class · Will stamp duty holiday be extended? · Biggest economic decline in 300 years · UK national debt now exceeds £2 Trillion · Government borrowing will reach £394bn · Average house prices reach an all time high · Thousands trapped in unsellable leasehold flats · Government extends ban on landlords evicting tenants · Why UK Property prices rising after stamp duty cut, despite the downturn? · New planning rules will open up more opportunities to make money in property · You can create a second income during the lockdown…and come out stronger · Learn how to make money from property without deposits, mortgages or cash Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period. Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution? By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.netor send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com

Luxury goods and hospitality sector urge Rishi Sunak to drop planned tourist tax Harrods look dead just two weeks before Christmas Brexit negotiations in deadlock as deadline looms GDP slows prompting more recession fears More articles and money news available atMoney Tips Podcast - www.moneytipsdaily.com   Wealth-tax planned on middle class Will stamp duty holiday be extended? Biggest economic decline in 300 years UK national debt now exceeds £2 Trillion  Government borrowing will reach £394bn Average house prices reach an all time high Thousands trapped in unsellable leasehold flats Government extends ban on landlords evicting tenants  Why UK Property prices rising after stamp duty cut, despite the downturn? New planning rules will open up more opportunities to make money in property You can create a second income during the lockdown…and come out stronger Learn how to make money from property without deposits, mortgages or cash   Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.  Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?  By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com See omnystudio.com/listener for privacy information.

Luxury goods and hospitality sector urge Rishi Sunak to drop planned tourist tax Harrods look dead just two weeks before Christmas Brexit negotiations in deadlock as deadline looms GDP slows prompting more recession fears More articles and money news available at Money Tips Podcast - www.moneytipsdaily.com · Wealth-tax planned on middle class · Will stamp duty holiday be extended? · Biggest economic decline in 300 years · UK national debt now exceeds £2 Trillion · Government borrowing will reach £394bn · Average house prices reach an all time high · Thousands trapped in unsellable leasehold flats · Government extends ban on landlords evicting tenants · Why UK Property prices rising after stamp duty cut, despite the downturn? · New planning rules will open up more opportunities to make money in property · You can create a second income during the lockdown…and come out stronger · Learn how to make money from property without deposits, mortgages or cash Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period. Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution? By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.netor send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com

In case you’re wondering how we are going to pay back all of this money that the government have printed and borrowed this year, take a look in the mirror. A one-off tax grab on wealth above £500,000 could recover much of the £280 billion the government has spent fighting coronavirus this year, according to a group of experts. A commission was set up led by assistant Professor Arun Advani at Warwick University last April to look into a wealth tax in Britain. Measures being considered include a 5% levy on: housing pensions business equity and  savings wealth.  At £500,000, around 8 million Britons, or one and six adults, would be hit by the wealth tax.  Setting the threshold at £1 million would raise roughly half this amount and at £10 million would raise just £43 billion from 22,000 people.  The average three-bedroom house in most of the south-east cost the best part of half a million. Stealing people’s money is not uncommon in Europe. Let’s not forget Cyprus where the government stole its citizens bank balances to pay for their mess.  Phasing out cash for digital currency would obviously make this much easier. Currently there is around £50 billion of cash in circulation. An Economist I know told me recently that he was looking into the average person’s bank balance and found it had gone up by £8000 this year due to reduced spending. There is further bad news on the horizon for property owners as the government steps up measures to meet climate control targets. The average bill for householders could be as high as £8000 to make their homes more energy efficient. Fossil burning boilers will be phased out by 2028 and gas boilers by 2030.  The government is expected to bring forward the ban gas boilers on new homes from 2025 to 2023.  The government are also expecting us to eat 9% less meat by 2025 and 20% less by 2030 and also to reduce our consumption of dairy products by 20% over the next 10 years.  We will also be forced into exchanging our old petrol cars for overpriced electric vehicles, that’s assuming their will be any road space left on which to drive them! This week, Boris Johnson is making last ditched attempt to secure a deal with the European Union. Personally, I think we will end up with a watered down, fudge of a deal we concessions being made on both sides. The stock market went up on use of the vaccine but the pound went down on fears of a no deal Brexit! The shops are blooming it again following the end of the lockdown and supermarkets had the best month ever in November.  More articles and money news available atMoney Tips Podcast - www.moneytipsdaily.com   Will stamp duty holiday be extended? Biggest economic decline in 300 years UK national debt now exceeds £2 Trillion  Government borrowing will reach £394bn Average house prices reach an all time high Thousands trapped in unsellable leasehold flats Government extends ban on landlords evicting tenants  Why UK Property prices rising after stamp duty cut, despite the downturn? New planning rules will open up more opportunities to make money in property You can create a second income during the lockdown…and come out stronger Learn how to make money from property without deposits, mortgages or cash   Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.  Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?  By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com See omnystudio.com/listener for privacy information.

UK government planning emergency wealth tax grab to pay for coronavirus pandemic In case you’re wondering how we are going to pay back all of this money that the government have printed and borrowed this year, take a look in the mirror. A one-off tax grab on wealth above £500,000 could recover much of the £280 billion the government has spent fighting coronavirus this year, according to a group of experts. A commission was set up led by assistant Professor Arun Advani at Warwick University last April to look into a wealth tax in Britain. Measures being considered include a 5% levy on: · housing · pensions · business · equity and · savings wealth. At £500,000, around 8 million Britons, or one and six adults, would be hit by the wealth tax...... Full articles and money news available at Money Tips Podcast - www.moneytipsdaily.com · Will stamp duty holiday be extended? · Biggest economic decline in 300 years · UK national debt now exceeds £2 Trillion · Government borrowing will reach £394bn · Average house prices reach an all time high · Thousands trapped in unsellable leasehold flats · Government extends ban on landlords evicting tenants · Why UK Property prices rising after stamp duty cut, despite the downturn? · New planning rules will open up more opportunities to make money in property · You can create a second income during the lockdown…and come out stronger · Learn how to make money from property without deposits, mortgages or cash Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period. Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution? By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.netor send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com

The national debt reached £2.08 trillion by October 2020, up £276.3bn since the start of the financial year. Monthly borrowing, required because the treasury is spending more than it earns in taxes due to the recession, reached over £40bn in April and close to that again in May of this year following the first lockdown. Borrowing is on target to exceed £300bn for the year since the start of the coronavirus crisis. The UK economy bounced back in the third quarter, but will falter again due to the current second lockdown which is killing businesses and jobs. Two more high street clothing chains went into administration this week putting thousands more jobs at risk. UK debt exceeds the size of the UK economy, with debt having reached 100.8% of the country's gross domestic product (GDP). Debt levels of this magnitude have not been seen since the early 1960s while paying off the debts of World War Two. Whilst the government always repays debt on due dates, it has to borrow new money - and take on more debt - to do so, like people do when living on credit cards or “robbing Peter to pay Paul”. More articles and money news available atMoney Tips Podcast - www.moneytipsdaily.com   Property prices fall in London Job Furlough Scheme extended UK state pension age rises to 66  How a crash will affect your pension plan House prices rise will reach all time high Why live in expensive town centres anymore? Thousands trapped in unsellable leasehold flats Government extends ban on landlords evicting tenants  Self-employed, have you claimed your government grant? Why UK Property prices rising after stamp duty cut, despite the downturn? New planning rules will open up more opportunities to make money in property You can create a second income during the lockdown…and come out stronger Learn how to make money from property without deposits, mortgages or cash   Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.  Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?  By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com Heal your money wounds the Japanese way with Ken Honda Japan’s #1 bestselling personal development guru. Ken will take you on a journey where he will teach you the Japanese art of healing your money wounds and making peace with your money. Too often, money is a source of fear, stress, and anger, often breaking apart relationships and even ruining lives. We like to think money is the centre of our lives and everything depends on our financial status, but Ken challenges our beliefs to install more liberating perceptions of money and delivers concrete tools that have the power to change your life. Click to join his free masterclass – Click: https://bit.ly/2GqyYki See omnystudio.com/listener for privacy information.

Buy to let landlords and property investors could be hit with another tax blow to the solar plexus.     Someone has to pay for all of this money they are printing and throwing around, so why not even investors saving for their retirement? Who is going to have sympathy for them?   Estate agents report a sharp fall in activity and asking prices in the London property market.   Larger houses in the suburbs are in demand but the flats and London properties sales are sluggish and have dropped off sharply since the summer mini-boom.   UK economy recovered in the third quarter but slowed after the end of the heat out to help out campaign ended.   UK economy recovers in third-quarter but is expected to slow in the last quarter following the second lockdown.   Last week, the Chancellor, Rishi Sunak announced a raft of new stimulus measures, which could cost the Treasury £6billion on top of billions already spent this year propping up the economy.    Mr Sunak also increased grants for self-employed workers to 40 per cent of the average profits, up to a maximum of £3,750 a month, which could cost about £3billion.   Government borrowing was revealed to be running at £1billion a day during the pandemic.    More articles and money news available atMoney Tips Podcast - www.moneytipsdaily.com     New Job Support Scheme Welsh Government lockdown UK state pension age rises to 66  Emergency help for energy bills - Ofgem How a crash will affect your pension plan House prices rise will reach all time high How to avoid bankruptcy in business Is this the end of office work as we know it? Why live in expensive town centres anymore? Thousands trapped in unsellable leasehold flats Government extends ban on landlords evicting tenants  Self-employed, have you claimed your government grant? Why UK Property prices rising after stamp duty cut, despite the downturn? New planning rules will open up more opportunities to make money in property You can create a second income during the lockdown…and come out stronger Learn how to make money from property without deposits, mortgages or cash   Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.    Are you ready to adapt to the new economic model?   As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?  By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.   There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.   If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com   Heal your money wounds the Japanese way with Ken Honda Japan’s #1 bestselling personal development guru. Ken will take you on a journey where he will teach you the Japanese art of healing your money wounds and making peace with your money. Too often, money is a source of fear, stress, and anger, often breaking apart relationships and even ruining lives. We like to think money is the centre of our lives and everything depends on our financial status, but Ken challenges our beliefs to install more liberating perceptions of money and delivers concrete tools that have the power to change your life. Click to join his free masterclass – Click: https://bit.ly/2GqyYki See omnystudio.com/listener for privacy information.

Pressure is mounting on the UK government Chancellor Rishi Sunak to extend the stamp duty holiday in order to avoid thousands of property purchases falling out of bed because they cannot meet the 31 March deadline. Experts warn thousands of property transactions will run out of time and collapse  Thousands of Mortgages approved on the basis that no stamp duty is payable  Tens of thousands will miss the 31 March stamp duty holiday deadline Borrowers could have to find up to £15,000 more to fund their purchase Lenders were may withdraw mortgage offers, causing thousands of transactions to collapse Not enough man power in the market to get these transactions through before 31 March 2021  Mortgage processing delays, shortage of surveyors and solicitors available to complete legal work  Bank of England figures published this morning reveal a spike mortgages approved in October Mortgages up 5.9% on previous month to 97,532 and 51% up on the same period last year.  HMRC figures showed housing transactions hit 105,630 last month, up 9.8% on September 2020  Transaction completions generally follow mortgage approvals by between three and five months Zoopla is predicting transactions in December to hit 140,000, the highest December since 2006 Mortgage rates rising despite record low Bank of England base near zero lending rates Mortgage lenders hiking rates amid the scramble taking advantage of borrowers’ panic  Anthony Codling of property analysis firm Twindig said: 'The average rate for a new 95 per cent 2 year-fixed rate mortgage was 4.09 per cent in October 2020, an increase of 35 per cent since the start of 2020, according to the Bank of England. House prices shrugged off the economic hit from Covid-19 have risen by about 6% this year Andrew Wishart, UK economist at the research house said: 'The usual channels through which a recession hits the housing market, of rising unemployment and mortgage payment difficulties, have been mitigated by the furlough scheme, mortgage payment holidays, and a moratorium on repossessions.  'Meanwhile, the market has been boosted by pent up demand from the first lockdown, a revaluation of space needs due to working from home, and an extra kick from the stamp duty holiday.  'But the policy support that has protected and boosted the market this year is due to be withdrawn in 2021, just when we expect the unemployment rate to peak at 7%. 'The housing market has never escaped unscathed from a drop in employment of the scale we forecast.  'In fact, in isolation the historical relationship between employment and house prices suggests a 25 per cent house price crash is in the offing. Our view, however, is that an annual fall closer to 5 per cent in Q4 2021 is more likely.'  Tombs added: 'The outlook remains exceptionally unclear, given that government policies might change; the stamp duty holiday could be extended, or the government might follow through on plans to introduce a new mortgage guarantee scheme.' Source: This is Money.co.uk Other Financial News   25,000 retail jobs in jeopardy as Debenhams and Arcadia collapse Businesses may force us to be vaccinated says government minister  Growing divide between rich and poor and north and south of England   More articles and money news available atMoney Tips Podcast - www.moneytipsdaily.com   Philip Green’s Arcadia could go bust He is in Monaco sitting on his billions Buying Arcadia and BHS, a classic BRR He bought businesses and got his cash out Mike Ashley wants to buy the assets cheap Business Buying Opportunity Webinar UK introduces Tier system lockdowns Biggest economic decline in 300 years UK national debt now exceeds £2 Trillion  Government borrowing will reach £394bn Average house prices reach an all time high Property marketing slows down in London How a crash will affect your pension plan Why live in expensive town centres anymore? Thousands trapped in unsellable leasehold flats Government extends ban on landlords evicting tenants  Self-employed, have you claimed your government grant? Why UK Property prices rising after stamp duty cut, despite the downturn? New planning rules will open up more opportunities to make money in property You can create a second income during the lockdown…and come out stronger Learn how to make money from property without deposits, mortgages or cash   Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.  Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?  By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com See omnystudio.com/listener for privacy information.

Should the government extend Stamp Duty holiday? Pressure is mounting on the UK government Chancellor Rishi Sunak to extend the stamp duty holiday in order to avoid thousands of property purchases falling out of bed because they cannot meet the 31 March deadline. · Experts warn thousands of property transactions will run out of time and collapse · Thousands of Mortgages approved on the basis that no stamp duty is payable · Tens of thousands will miss the 31 March stamp duty holiday deadline · Borrowers could have to find up to £15,000 more to fund their purchase · Lenders were may withdraw mortgage offers, causing thousands of transactions to collapse · Not enough man power in the market to get these transactions through before 31 March 2021 · Mortgage processing delays, shortage of surveyors and solicitors available to complete legal work · Bank of England figures published this morning reveal a spike mortgages approved in October · Mortgages up 5.9% on previous month to 97,532 and 51% up on the same period last year. · HMRC figures showed housing transactions hit 105,630 last month, up 9.8% on September 2020 · Mortgage lenders hiking rates amid the scramble taking advantage of borrowers’ panic Anthony Codling of property analysis firm Twindig said: 'The average rate for a new 95 per cent.... Full articles and money news available at Money Tips Podcast - www.moneytipsdaily.com If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.netor send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com Someone will make a fortune from the collapse of Debenhams and Arcadia… The 2020 business buying opportunity webinar will reveal: · The 10 strategies and tactics which have CHANGED as a result of lockdown · Three compelling reasons why now is the right time to buy a business and why you just can’t miss out · Why the number of businesses coming to market over the next twelve months will at least triple - and it’s not just because of Coronavirus · How to, without insulting the seller, lower the price by at least 50%, with one simple sentence · The real secret of finding businesses to buy – and it’s not cold calling or LinkedIn · Why Business Brokers are now your friend – even though for years I’ve been saying that they are the enemy... Your webinar host Jonathan Jay: "During lockdown I completed the purchase of SIX business, without meeting anyone face to face and without leaving my home. And I have another three at exchange, about to complete. But here’s the best part – because of the lockdown, the deal structure changed overnight and this combined £3m a year annual revenue became mine, WITHOUT any of my personal cash invested." Join Jonathan on Wednesday, 2nd December to find out how to utilise his exact strategy. Claim your spot now! Click for more details - https://bit.ly/36dbTvS

Key points to consider:   The UK government is pumping billions into the economy and… Asset prices usually inflate after a fiscal stimulus, as they did after 2008 Property has been on a 12-year bull run and prices are at an all-time high Stamp Duty holiday, Furlough and tenant protection will end by March 21 OBR report for government says property prices will fall by 8% next year Anti-landlord legislation and taxes could push investors into selling mode Interest rates are at an all-time low and are expected to remain low for years Government 5% deposit help scheme could boost first-time buyer purchases   More articles and money news available atMoney Tips Podcast - www.moneytipsdaily.com   Philip Green’s Arcadia could go bust He is in Monaco sitting on his billions Buying Arcadia and BHS, a classic BRR He bought businesses and got his cash out Mike Ashley wants to buy the assets cheap Business Buying Opportunity Webinar UK introduces Tier system lockdowns Biggest economic decline in 300 years UK national debt now exceeds £2 Trillion  Government borrowing will reach £394bn Average house prices reach an all time high Property marketing slows down in London How a crash will affect your pension plan Why live in expensive town centres anymore? Thousands trapped in unsellable leasehold flats Government extends ban on landlords evicting tenants  Self-employed, have you claimed your government grant? Why UK Property prices rising after stamp duty cut, despite the downturn? New planning rules will open up more opportunities to make money in property You can create a second income during the lockdown…and come out stronger Learn how to make money from property without deposits, mortgages or cash   Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.  Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?  By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com The 2020 business buying opportunity webinar will reveal: The 10 strategies and tactics which have CHANGED as a result of lockdown Three compelling reasons why now is the right time to buy a business and why you just can’t miss out Why the number of businesses coming to market over the next twelve months will at least triple - and it’s not just because of Coronavirus How to, without insulting the seller, lower the price by at least 50%, with one simple sentence The real secret of finding businesses to buy – and it’s not cold calling or LinkedIn Why Business Brokers are now your friend – even though for years I’ve been saying that they are the enemy... Your webinar host Jonathan Jay: "During lockdown I completed the purchase of SIX business, without meeting anyone face to face and without leaving my home. And I have another three at exchange, about to complete. But here’s the best part – because of the lockdown, the deal structure changed overnight and this combined £3m a year annual revenue became mine, WITHOUT any of my personal cash invested." Join Jonathan on Wednesday, 2nd December to find out how to utilise his exact strategy. Claim your spot now!  Click for more details - https://bit.ly/36dbTvS   See omnystudio.com/listener for privacy information.

As most of the UK goes into the second lockdown this year, Chancellor Rishi Sunak has changed direction by extending the furlough scheme until the end of March and promising more generous help for self-employed people. Barely a week ago the Chancellor announced £22 billion package of aid for businesses affected by Covid restrictions, but infection rates have continued to climb forcing the government to adopt a new approach. Support through the Self-Employment Income Support Scheme (SEISS) will be increased, with the third grant covering November to January calculated at 80% of average trading profits, up to a maximum of £7,500. However, millions of small business owners are slipping through the net and will not qualify for any help. Stock markets went up and house prices have hit new highs following the bad news during the worst economic crisis since the second world war! More articles and money news available atMoney Tips Podcast - www.moneytipsdaily.com   Job Furlough Scheme extended UK state pension age rises to 66  How a crash will affect your pension plan House prices rise will reach all time high Why live in expensive town centres anymore? Thousands trapped in unsellable leasehold flats Government extends ban on landlords evicting tenants  Self-employed, have you claimed your government grant? Why UK Property prices rising after stamp duty cut, despite the downturn? New planning rules will open up more opportunities to make money in property You can create a second income during the lockdown…and come out stronger Learn how to make money from property without deposits, mortgages or cash   Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.  Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?  By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com Heal your money wounds the Japanese way with Ken Honda Japan’s #1 bestselling personal development guru. Ken will take you on a journey where he will teach you the Japanese art of healing your money wounds and making peace with your money. Too often, money is a source of fear, stress, and anger, often breaking apart relationships and even ruining lives. We like to think money is the centre of our lives and everything depends on our financial status, but Ken challenges our beliefs to install more liberating perceptions of money and delivers concrete tools that have the power to change your life. Click to join his free masterclass – Click: https://bit.ly/2GqyYki   See omnystudio.com/listener for privacy information.

What is the outlook for the UK property in the next 12 months? Key points to consider: · The UK government is pumping billions into the economy and… · Asset prices usually inflate after a fiscal stimulus, as they did after 2008 · Property has been on a 12-year bull run and prices are at an all-time high · Stamp Duty holiday, Furlough and tenant protection will end by March 21 · OBR report for government says property prices will fall by 8% next year · Anti-landlord legislation and taxes could push investors into selling mode · Interest rates are at an all-time low and are expected to remain low for years · Government 5% deposit help scheme could boost first-time buyer purchases More articles and money news available at Money Tips Podcast - www.moneytipsdaily.com There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.netor send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com The 2020 business buying opportunity webinar will reveal: · The 10 strategies and tactics which have CHANGED as a result of lockdown · Three compelling reasons why now is the right time to buy a business and why you just can’t miss out · Why the number of businesses coming to market over the next twelve months will at least triple - and it’s not just because of Coronavirus · How to, without insulting the seller, lower the price by at least 50%, with one simple sentence · The real secret of finding businesses to buy – and it’s not cold calling or LinkedIn · Why Business Brokers are now your friend – even though for years I’ve been saying that they are the enemy... Your webinar host Jonathan Jay: "During lockdown I completed the purchase of SIX business, without meeting anyone face to face and without leaving my home. And I have another three at exchange, about to complete. But here’s the best part – because of the lockdown, the deal structure changed overnight and this combined £3m a year annual revenue became mine, WITHOUT any of my personal cash invested." Join Jonathan on Wednesday, 2nd December to find out how to utilise his exact strategy. Claim your spot now! Click for more details - https://bit.ly/36dbTvS

Biggest economic decline since 1709, as cost of coronavirus crisis rises to unprecedented levels. Headlines: · Economic output falls 11.8% worst for 300 years · Unemployment will rise to 7.5% or 2.6 million by Q2 2021 · Borrowing now at £394 billion, national debt £1 trillion · Millions face work-based pensions cut · Public sector worker pay freeze · Overseas aid budget cut · Council tax set to rise · Markets still riding high despite downturn · Britain’s largest estate agent in rescue plan More articles and money news available at Money Tips Podcast - www.moneytipsdaily.com Register now for life changing BLACK FRIDAY exclusive business skills offers: https://bit.ly/39fNPKQ Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution? By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.netor send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com Get exclusive, MASSIVE discount offers, plus receive instructions on what to do, & when. Register now to be the first one to know! In times of disruption and lack of control, this is one way YOU can secure your financial future. This is ultimately the BEST time to start gaining new business skills, a new mindset or a new income stream. Register now for life changing BLACK FRIDAY exclusive business skills offers: https://bit.ly/39fNPKQ

Register now for life-changing BLACK FRIDAY exclusive business skills offers: https://bit.ly/39fNPKQ   Headlines Economic output falls 11.8% worst for 300 years Unemployment will rise to 7.5% or 2.6 million by Q2 2021 Borrowing now at £394 billion, national debt £1 trillion Millions face work-based pensions cut Public sector worker pay freeze Overseas aid budget cut Council tax set to rise Markets still riding high despite downturn Britain’s largest estate agent in rescue plan More articles and money news available atMoney Tips Podcast - www.moneytipsdaily.com Property prices fall in London Job Furlough Scheme extended UK House prices rise will reach all time high Why live in expensive town centres anymore? Government extends ban on landlords evicting tenants Self-employed, have you claimed your government grant? Why UK Property prices rising after stamp duty cut, despite the downturn? New planning rules will open up more opportunities to make money in property You can create a second income during the lockdown…and come out stronger Learn how to make money from property without deposits, mortgages or cash   Register now for life changing BLACK FRIDAY exclusive business skills offers: https://bit.ly/39fNPKQ Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution? By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com Get exclusive, MASSIVE discount offers, plus receive instructions on what to do, & when. Register now to be the first one to know! In times of disruption and lack of control, this is one way YOU can secure your financial future. This is ultimately the BEST time to start gaining new business skills, a new mindset or a new income stream. Register now for life changing BLACK FRIDAY exclusive business skills offers: https://bit.ly/39fNPKQ     See omnystudio.com/listener for privacy information.

The national debt reached £2.08 trillion by October 2020, up £276.3bn since the start of the financial year. Monthly borrowing, required because the treasury is spending more than it earns in taxes due to the recession, reached over £40bn in April and close to that again in May of this year following the first lockdown. Borrowing is on target to exceed £300bn for the year since the start of the coronavirus crisis. The UK economy bounced back in the third quarter, but will falter again due to the current second lockdown which is killing businesses and jobs. Two more high street clothing chains went into administration this week putting thousands more jobs at risk. UK debt exceeds the size of the UK economy, with debt having reached 100.8% of the country's gross domestic product (GDP). Debt levels of this magnitude have not been seen since the early 1960s while paying off the debts of World War Two. Whilst the government always repays debt on due dates, it has to borrow new money - and take on more debt - to do so, like people do when living on credit cards or “robbing Peter to pay Paul”. More articles and money news available at Money Tips Podcast - www.moneytipsdaily.com Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution? By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.netor send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com Heal your money wounds the Japanese way with Ken HondaJapan’s #1 bestselling personal development guru. Ken will take you on a journey where he will teach you the Japanese art of healing your money wounds and making peace with your money. Too often, money is a source of fear, stress, and anger, often breaking apart relationships and even ruining lives. We like to think money is the centre of our lives and everything depends on our financial status, but Ken challenges our beliefs to install more liberating perceptions of money and delivers concrete tools that have the power to change your life. Click to join his free masterclass – Click: https://bit.ly/2GqyYki

Chancellor announces £22 billion package of aid for businesses affected by new covid restrictions. Rishi Sunak promised grants of up to £2,100 a month for ‘Tier 2’ companies that are not forced to close but are struggling to be commercially viable. As many as 150,000 businesses could qualify for the payments, which could cost the Treasury £1.2billion.  The new Job Support Scheme replaces the furlough and will be extended to firms that are legally allowed to open. It will be more generous allowing employers to pay just 5 per cent of staff wages, while the minimum threshold for hours worked will be reduced to one day. If an estimated two million people enrol, it could cost the Treasury £6billion.  Mr Sunak also increased grants for self-employed workers to 40 per cent of the average profits, up to a maximum of £3,750 a month, which could cost about £3billion. Government borrowing was revealed to be running at £1billion a day during the pandemic.  More articles and money news available atMoney Tips Podcast - www.moneytipsdaily.com   New Job Support Scheme Welsh Government lockdown UK state pension age rises to 66  Emergency help for energy bills - Ofgem How a crash will affect your pension plan House prices rise will reach all time high How to avoid bankruptcy in business Is this the end of office work as we know it? Why live in expensive town centres anymore? Thousands trapped in unsellable leasehold flats Government extends ban on landlords evicting tenants  Self-employed, have you claimed your government grant? Why UK Property prices rising after stamp duty cut, despite the downturn? New planning rules will open up more opportunities to make money in property You can create a second income during the lockdown…and come out stronger Learn how to make money from property without deposits, mortgages or cash   Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.  Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?  By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com Heal your money wounds the Japanese way with Ken Honda Japan’s #1 bestselling personal development guru. Ken will take you on a journey where he will teach you the Japanese art of healing your money wounds and making peace with your money. Too often, money is a source of fear, stress, and anger, often breaking apart relationships and even ruining lives. We like to think money is the centre of our lives and everything depends on our financial status, but Ken challenges our beliefs to install more liberating perceptions of money and delivers concrete tools that have the power to change your life. Click to join his free masterclass – Click: https://bit.ly/2GqyYki See omnystudio.com/listener for privacy information.

Today in Parliament, Boris Johnson announced further lockdown measures and business closures in selected cities where infection rates have increased.  Liverpool and Nottingham are among the cities where businesses such as gaming will be forced to close.  Last week, Chancellor Rishi Sunak Employees announced that people working for UK firms forced to shut by law because of coronavirus restrictions will receive two-thirds of their wages paid for by the government. The scheme starts on 1 November for six months and could cost hundreds of millions of pounds a month according to a Treasury source speaking to the BBC. The leisure and performing arts sectors have been hit hard and will welcome government new aid announced by the Culture Secretary, Oliver Dowden. Venues and organisations including Liverpool’s famous Cavern Club and the London Symphony Orchestra will receive a share of £257m government arts funding. Markets have barely reacted to the poor economic forecasts and the property market is up in most areas. Other articles available atMoney Tips Podcast - www.moneytipsdaily.com   UK state pension age rises to 66  How will a crash affect your pension? House prices rise to reach all time high How to avoid bankruptcy in business Will demand for HMO rooms rise or fall? Is this the end of office work as we know it? Home workers one step closer to outsourced Why live in expensive town centres anymore? Buy-to-let landlords ignore “NO DSS” tenant ban Thousands trapped in unsellable leasehold flats 2m homeowners apply for mortgage payment holiday Government extends ban on landlords evicting tenants  Self-employed, have you claimed your government grant? UK property prices jumped by 3% since June following stamp duty cut Why UK Property prices rising after stamp duty cut, despite the downturn? New planning rules will open up more opportunities to make money in property You can create a second income during the lockdown…and come out stronger Learn how to make money from property without deposits, mortgages or cash   Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.  Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?  By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com Heal your money wounds the Japanese way with Ken Honda Japan’s #1 bestselling personal development guru. Ken will take you on a journey where he will teach you the Japanese art of healing your money wounds and making peace with your money. Too often, money is a source of fear, stress, and anger, often breaking apart relationships and even ruining lives. We like to think money is the centre of our lives and everything depends on our financial status, but Ken challenges our beliefs to install more liberating perceptions of money and delivers concrete tools that have the power to change your life. Click to join his free masterclass – Click: https://bit.ly/2GqyYki See omnystudio.com/listener for privacy information.

The state pension ‘Ponzi’ scheme becomes harder to fund as people live longer and the demographic ratio of working to retired people changes. There is no fund and the scheme relies on new entrants to pay out people in retirement. The age at which the majority of UK retirees qualify for the state pension has now officially changed to 66 following rises in the qualifying age in the last few years. For men and women born between 6 October, 1954, and 5 April, 1960, they will miss out on at least one year of state pension income and will only start receiving their pension – worth up to £175.20 per week - when they reach age 66. It gets worse for those born later. The government will gradually phase in an increase in the state pension age to 67, and 68. Eventually, we will all have to work until 70 to get a state pension. Use the government's calculator to find out your state pension age Rishi Sunak, the UK chancellor, said he will maintain the "triple lock" pledge under a conservative government. This means the state pension will increase each year in line with the highest of average earnings, prices (as measured by inflation) or 2.5%. How will you be able to afford to retire? Other articles available atMoney Tips Podcast - www.moneytipsdaily.com How will a crash affect your pension? House prices rise to reach all time high How to avoid bankruptcy in business Will demand for HMO rooms rise or fall? Is this the end of office work as we know it? Home workers one step closer to outsourced Why live in expensive town centres anymore? Buy-to-let landlords ignore “NO DSS” tenant ban Thousands trapped in unsellable leasehold flats 2m homeowners apply for mortgage payment holiday Government extends ban on landlords evicting tenants Self-employed, have you claimed your government grant? UK property prices jumped by 3% since June following stamp duty cut Why UK Property prices rising after stamp duty cut, despite the downturn? New planning rules will open up more opportunities to make money in property You can create a second income during the lockdown…and come out stronger Learn how to make money from property without deposits, mortgages or cash Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period. Are you ready to adapt to the new economic model? As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution? By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com Heal your money wounds the Japanese way with Ken Honda Japan’s #1 bestselling personal development guru. Ken will take you on a journey where he will teach you the Japanese art of healing your money wounds and making peace with your money. Too often, money is a source of fear, stress, and anger, often breaking apart relationships and even ruining lives. We like to think money is the centre of our lives and everything depends on our financial status, but Ken challenges our beliefs to install more liberating perceptions of money and delivers concrete tools that have the power to change your life. Click to join his free masterclass – Click: https://bit.ly/2GqyYki See omnystudio.com/listener for privacy information.