Podcasts about premium bonds

Welcome to the first podcast of 2026 where Roger and Pete answer more of your varied and interesting questions, covering everything from what to do when you've maxed out your pension and ISA, to whether you should borrow on your mortgage to invest! Shownotes: https://meaningfulmoney.tv/QA37   01:30  Question 1 Hello to Roger and his trusty sidekick Pete, Only kidding Pete, but it will make Roger feel good briefly. I must credit the pair of you for your continued dedication and commitment to educating the wider population on all things financial.  I have gone from strength to strength in planning my retirement with the guidance and abundance of free information you have provided, the books you have written Pete, as well as signing up to the Meaningful Academy Retirement Planning and now planning to retire several years earlier than originally intended. Using the information provided and learnt, I have got my finances in order but more importantly, that decision is to align my future life (and that of my wife) to the finances we need and when our needs are likely to be met, hence the realisation retirement is not as far away as we had originally perceived, so I really appreciate what you have done for me and my family. My question maybe very simple, but it was sparked during a previous Q&A session Listener Question – episode 20 - 30th July – Question 2 – The question surrounded company Shares. I am employed by BAE and I purchase company shares each month, partially as a sensible Tax saving being a higher rate tax payer (purchase them pre Tax) but also for the first £75 worth each month I buy each month, the company will match, so effectively £150 worth of shares which technically costs less than £50 in real money each month.  Now whilst I do sell some shares along the way (after the 5-year maturity to avoid tax payment), I continue to have a reasonable amount invested (£35k subject to tax relief period on some). A statement you made during the above session was "as a sideline issue we tend to say to people that investing in shares for the company you work for is a bad idea at any scale, thus to avoid backing one horse and it's not a good idea to hold onto shares for a company you work for." Now I thought I was onto a winner and being tax efficient and building an amount of money which I tap into on an occasional basis as well as additional source of income once retired, but are you implying, as you did to that listener, I might consider cashing some in and transferring the money else where? Perhaps in this instance it is suffice leaving it there, as the examples you gave were for smaller companies (in comparison) that folded, whereas BAE one of the larger Defence industry companies, doesn't appear to be going anywhere soon?  I do have a Royal Naval DB pension already paying out, as well as a part DB and part DC pension with BAE (continuing to build), so I'm not reliant upon the money, which is another factor why I've not considered moving them away or am I doing myself a bad deal, id value your opinions (not advice ha ha)? Thank you for your time Regards, John 08:02  Question 2 I'm 39, a basic rate taxpayer and I have a Lifetime ISA and a SIPP with HL. Can I save for retirement in my Lifetime ISA and invest in the same funds as my Pension after receiving the 25% bonus to achieve similar growth. Then at age 60, withdraw all that money tax free and pay it into my pension (up to my allowances and possibly using previous years) to gain the 20% tax relief just before I draw the pension? I would also save some money on platform fees as the LISA is 0.25% vs the SIPP at 0.45%. I know I can get cheaper platforms elsewhere but I find HL easy, intuitive, and feel like I can trust them with my money, which really encourages me to save in the first place. Thanks, Robert 13:40  Question 3 Hi Pete and Roger, Longtime fan and listener, thanks for all the great work you do! I'm 40 years old and a member of the LGPS DB pension scheme, which I've been paying into since my early 20s. My partner is also in a DB scheme (Central Government). We have no debt other than our mortgage. We currently live in a modest home we bought for £89k, but are thinking about upgrading to a bigger property for more space and comfort (no plans to have children). That said, we've enjoyed the low cost of living here. We've built up around £160k in savings, split roughly 40% in a Stocks & Shares ISA and 60% in Premium Bonds and cash. I've tried to keep the ISA intact as a form of flexibility/security around retirement, potentially to retire early or reduce hours in the future. The dilemma is: 1. Do we spend most of the savings on a better house and accept working longer? 2. Or do we stay where we are, keep our financial flexibility, and potentially one of us works less or retires earlier? 3. Or is there a sensible middle ground, spending some of the cash to improve our living situation while still preserving part of our financial cushion for future flexibility? We're just trying to balance quality of life now with freedom and options later, and would love to hear your take on it. Is there anything else we haven't thought about? Thanks so much for your thoughts! Gez   19:25  Question 4 Hi Pete and Rog, big fan of the show and I appreciate the helpful topics you cover. I am currently going through a remortgage and am extracting equity from our house to invest. The new mortgage rate is around 4% and our LTV will be around 80%. The additional monthly costs are within our budget too. My strategy is to invest the extracted amount in a stocks and shares ISA with my wife, utilising the £20k allowance each per tax year. This will be invested into globally diversified index funds. I have ran calculations on how much I will be paying in additional interest vs how much is probable from stock market returns. Over 25 years, the additional interest paid on £50k extracted at 4% is £29k Over 25 years, having invested £50k, I would need to return 1.84% to break even from this deal. This is due to the way mortgages are amortised via repayment vs the investments compounding positively. With conservative returns of 7% used, this will net £236k of interest. Am I missing anything here? Keep up the great work and I'm very interested to hear whether you have done this in the past. Stephen 26:40  Question 5 Hi Pete and Roger, Recent discoverer and now big fan of the show here - I have now caught up on all the Q&A episodes and am continuing to work my way through the back catalogue: a lot of material! My questions centre on tax-efficient options once ISAs and pensions are maxed out, and how to "bridge" savings if retiring before pension-age. I am 36, married and have 2 young daughters who are the apple of my eye. We have a very manageable mortgage and I benefit from a very well paid job. However, an extremely stressful period last year sent me on the track of better understanding personal finance (and ultimately finding you) in order to achieve financial independence and not need to tolerate that kind of situation ever again, as well as be free to dedicate my time and energy to things without worrying about how much money they pay. 1) I am trying to get to functional financial independence (i.e. paid work is entirely optional) as soon as possible - I now max out my annual pension and ISA allowance each year and am likely to continue to in the future. Are there any other normal vehicles I can use for additional saving and investing? Giving money to my wife to use her ISA allowance? Anything else? I don't want to overpay the mortgage for the next several years as we managed to get a fixed rate that is below the current rate of inflation. 2) I have a good understanding of our essential and discretionary spending, and with a conservative annualised rate of return I could theoretically stop contributing to my pension pot in the next 7ish years and compounding would mean it would be big enough to fully support us once we can access it. My question is - is there a good rule of thumb or approach for working out how much I need to save outside the pension if I wanted to stop working for money before 57? Is it just a case of working out # years x expenses or is there anything more sophisticated to it? 3) bonus question - feel free to cut if it doesn't fit: I'm familiar with the idea of asset allocation and rebalancing to "smooth the ride" for my portfolio. Most things I've read or listened to have focused on equities vs. bonds. When I was looking at a number of bond indexes recently the returns have been pretty flat, often 4% from a cash ISA, what's the point of the bonds? Am I missing something? Thanks so much for all the knowledge you put into the world, giving people the tools to look after themselves. The chat is pretty great too! Kind regards, Martin 37:18  Question 6 Hello Pete & Roger Thank you for your fantastic materials, so well explained. We're 62. We already have a standard pension pot Annuity and we have around £300,000 in savings in building society accounts. (We value peace of mind over the potential for big gains, so we're not really considering stocks and shares). We're wondering whether, rather than rely entirely on savings accounts, it would make sense to use a Purchase Life Annuity. With current annuity rates, it looks like that's a Yes, so we're curious what your expert view is on this. We're aware of the downside: that it leaves us without much of a savings pot for any unexpected very large need. Have watched the Annuities: Back from the dead? video - https://www.youtube.com/watch?v=alTTzrd2NbY -  which talked about buying an annuity with pension, but in our case it would be Purchase Life Annuity, so does that make a difference when purchasing an annuity? Thank you again! Moira  

In the latest episode of the pod Andy's talking about the latest stories that are important to you and your money. Including:  What is a good credit score? How to cope with a supermarket stock re-shuffle 50K in Premium bonds: how did our savers fare this year? For links and further reading head to becleverwithyourcash.com/cashchats 00:00 Intro 00:39 What's a good credit score 16:32 Handling a supermarket re-organisation 26:37 Premium Bonds update ABOUT CASH CHATS Cash Chats is the award-winning podcast brought to you by the team of money geeks at Be Clever With Your Cash, sharing the latest updates from the world of personal finance and helping you to navigate the everyday money challenges we all face. Show notes can be found at becleverwithyourcash.com/podcast. BE CLEVER WITH YOUR CASH ON SOCIAL twitter.com/BeCleverCash instagram.com/becleverwithyourcash   youtube.com/@becleverwithyourcash   GET OUR WEEKLY NEWSLETTER You'll also get a free Quidco bonus for signing up https://becleverwithyourcash.com/newsletter/ MUSIC The music is Easter Island by Lonely Punk and provided on a creative commons licence 

A guaranteed income for your retirement years, earned through your working life, with no need to worry about getting caught out by the vagaries of the stock market.  Sounds good, doesn't it? That's what a public sector pension delivers - and it's a far better deal than the retirement funds most people in the private sector save into. So, why do we want to make the good thing worse, rather than the bad thing better? Shouldn't we be doing things the other way round? And shouldn't the government be doing everything it can to improve private sector pensions rather than chip away at their already inferior benefits? On this episode of the This is Money Podcast, Georgie Frost, Helen Crane and Simon Lambert talk pensions - and the gulf between the public and private sector that is getting ever wider. Just how good is a public sector pension? Do many of those in line for them even realise how good they are? And how can we make the private sector catch up rather than trigger a race to the bottom? Plus, why the Budget was very bad news if you earn £52,000, can Argos be saved - and is reviving the catalogue the answer, why are food prices so high, and finally, have you got one of the names most likely to win the Premium Bonds?

In our Question Time podcast, Martin Lewis gives you answers on anything and everything, including: how does the ISA limit actually work, is the online safety act really working, how can I get credit on a low income, is it time to ditch premium bonds, do student loans cost more for middle earners, and when does savings interest actually count for tax purposes?If you want to ask Martin a question, you now can! His Question Time podcast lets you ask Martin absolutely anything and everything (within reason!) – so if you've always wanted to know his favourite sandwich filling, how many sugars he has in his tea, or have a very complicated question about your personal finances, email it to MartinLewisPodcast@bbc.co.uk.

In the latest episode of the pod Andy's talking about the latest stories that are important to you and your money. Including:  Santander bank switch offer: get £200 Tax free cash from Chip Prize Saver account More O2 price hikes are coming, here's how to beat it For links and further reading head to becleverwithyourcash.com/cashchats 00:00 Intro 01:04 Santander bank switch 12:19 Chip tax free prize saver 29:29 O2 price hike ABOUT CASH CHATS Cash Chats is the award-winning podcast brought to you by the team of money geeks at Be Clever With Your Cash, sharing the latest updates from the world of personal finance and helping you to navigate the everyday money challenges we all face. Show notes can be found at becleverwithyourcash.com/podcast. BE CLEVER WITH YOUR CASH ON SOCIAL twitter.com/BeCleverCash instagram.com/becleverwithyourcash   youtube.com/@becleverwithyourcash   GET OUR WEEKLY NEWSLETTER You'll also get a free Quidco bonus for signing up https://becleverwithyourcash.com/newsletter/ MUSIC The music is Easter Island by Lonely Punk and provided on a creative commons licence 

A woman who won tens of thousands on Premium Bonds, sold her home and spent a year abroad before falsely claiming thousands in benefits on her return to Kent has avoided prison. Between 2021 and 2024, she received more than £23,000 after making false statements to the Department for Work and Pensions.Also in today's podcast, you can hear from the Ashford MP who's weighed in on the troubles being faced by Reform UK at County Hall. Sojan Joseph has been telling us why KCC leader Linden Kemkaran should lose her job. Residents say it's “total rubbish” their town is well served by pharmacies while their only closed branch “sits there like a ghost” - and prevents new ones from opening.Jhoots, in the Rainham Shopping Precinct, closed in August after months of troubles meaning 40,000 people in the town have been without direct easy access.A prototype of the game Medway Fighter, based on the classic arcade game Street Fighter will debut at Electric Medway Festival this weekend. You can hear from the creative director who says it's a new way for people to engage with Medway's heritage. And in football, Gillingham assistant boss Richard Dobson says he doesn't want his players to be affected by their winless run when they face Salford City this weekend. The Gills have gone four League 2 matches without a win after a blistering start to the season. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Martin Lewis has everything you need to know about children's saving and investing, including Junior ISAs, Child Trust Funds, top savings, Premium Bonds and even children's pensions. Plus, an update on the car finance mis-selling saga, an update on Lifetime ISAs, you tell us when you've felt the richest, and this week's Mastermind is on personal loans.

Dubai is doing its best to draw in disillusioned young Britons, offering cut-price properties, visa incentives for entrepreneurs and of course, the prospect of paying no income tax.  Footballer Rio Ferdinand and his family have even announced they are making the move - but two young families This is Money spoke to say it isn't just for sports stars and influencers. They say it's easier to start your own business, they can get petrol for 50p a litre, and send their children to private school.  Helen Crane, Georgie Frost are joined by Money Mail editor and This is Money alumna and Money Mail editor Rachel Rickard-Straus to discuss whether the money incentives would ever be enough for them to do the same.  It comes as yet another planned tax hike is being rumoured ahead of Labour's Autumn Budget.  This time, landlords are being threatened with paying National Insurance on the income they make from rent - but who will the tax hike really hurt? Elsewhere, our savings expert Sylvia Morris is convinced NS&I will slash the rate on its ever-popular Premium Bonds this October.  Georgie is ditching hers, but should you do the same - and where can you get a better rate?   Finally Helen discusses helping a reader who was told she couldn't get her money back for an £883 ferry crossing her husband booked, as she had the wrong kind of death certificate.  

Large parts of the UK were hammered by Storm Floris in the past 24 hours – Will Bain hears from one Scottish business uniquely placed to share their story.Following on from our item yesterday on Morecambe FC there are yet more financial issues in the EFL - we hear about what's going wrong for Sheffield Wednesday. And we probably all know someone who has won with Premium Bonds over the years but some people – millions, in fact – apparently don't actually collect their prize. We'll get into what these financial products are, how they work and why over one million pounds might be going unclaimed.

A family have been forced to leave a Kent holiday park in the middle of the night after finding bugs on their bedding.The Allen's had booked a five-night stay at Parkdean Resorts in St Margaret's Bay, near Dover - hear from reporter Oliver Leonard who has been following the story.Also in today's podcast, a Margate mum, who's battling breast cancer, says she's stuck in a nightmare legal battle to evict a tenant from her former family home.Kelly Eastland needs £60,000 to pay for pioneering treatment in Germany. She's been explaining what has happened over the past few months.Police have launched a crackdown on catapult crime in Kent following concerns about people and wildlife being targeted.Since the start of June, the force has received around 14 calls a day about the use or possession of the weapons. Hear the moment officers confronted children in Maidstone and Rochester.The boss of a Kent coffee business has thanked everyone who donated to a GoFundMe after they suffered a devastating fire.Around 100 emergency crews were called to Sittingbourne's Eurolink Industrial Estate when Hormozi Coffee went up in flames in April.New data's revealed thousands of pounds worth of premium bond winnings has been left unclaimed in Kent.The investment scheme works by entering savers in a monthly draw for tax-free prizes of up to £1 million.And in sport, ahead of Gillingham's first home game of the season, Armani Little has been speaking about being named captain.The midfielder was handed the armband ahead of Saturday's trip to Accrington Stanley.

We'll discuss proposals to reform the bailiff industry, hearing from a man whose small parking fine ballooned into a debt of more than £400 once bailiffs got involved. Paul Lewis interviews the minister responsible for the planned changes: will they be fair on both creditors and debtors and will they bring rogue bailiffs into line?Also, the Chancellor's changes to the Winter Fuel Payment have been broadly welcomed by Britain's pensioners, but how easy will it be for them to manage the payment when it comes to filling in their tax returns? With the help of a personal tax expert, we try to answer your questions.And what are Premium Bonds and what are your chances of winning a prize? We've got the definitive guide with Sir David Spiegelhalter, Emeritus Professor of Statistics at the University of Cambridge.Presenter: Paul Lewis Reporters: Dan Whitworth and Eimear Devlin Researcher: Jo Krasner Editors: Jess Quayle and Rob Cave(First broadcast 12pm Saturday 14th June 2025)

New research, seen exclusively by Money Box, suggests a third of households in England and Wales are trying to cut the amount of water they use to help reduce their bills. The research comes from the Personal Finance Research Centre at the University of Bristol which worked with the Financial Fairness Trust to speak to 6,000 households about their money situation. On water bills, 34% said they're using less to try to cut their bills with around 30% saying their bills have increased "a lot" over the past 6 months. What can people do to bring their bills down?Some major mortgage lenders have been relaxing their lending rules to make it easier for people to borrow the money to buy a home. They have been encouraged by a letter from the regulator, the Financial Conduct Authority, which reminded them that they had flexibility around what is called the stress test, which is supposed to ensure borrowers can meet their monthly payments even if rates rise or their circumstances change. What does that mean for the risks around lending?The listeners puzzled by a 25p rise in their state pension because of a rule that started back in 1971.And, how much do you know when it comes to savings? If you don't know your Premium Bonds from your ISA and where to put your money to make the most out of your cash, we'll give you a little bit of help.Presenter: Paul Lewis Reporters: Dan Whitworth, Peter Ruddick and Jo Krasner Researchers: Eimear Devlin and Rob Cave Editor: Jess Quayle(First broadcast 12pm Saturday 7th June 2025)

In the latest episode of the pod Andy and Amelia are talking about the latest stories that are important to you and your money. Including:  July savings update - including best rates Up to £175 on offer with NatWest switch 3 savers, 50k in premium bonds: 1 year update And more! For links and further reading head to becleverwithyourcash.com/cashchats 00:00 Intro 01:00 Latest poll results 02:00 NatWest switch offer 08:57 July savings update 22:17 3 savers, 50K premium bonds update  ABOUT CASH CHATS Cash Chats is the award-winning podcast brought to you by the team of money geeks at Be Clever With Your Cash, sharing the latest updates from the world of personal finance and helping you to navigate the everyday money challenges we all face. Show notes can be found at becleverwithyourcash.com/podcast. BE CLEVER WITH YOUR CASH ON SOCIAL twitter.com/BeCleverCash instagram.com/becleverwithyourcash   youtube.com/@becleverwithyourcash   GET OUR WEEKLY NEWSLETTER You'll also get a free Quidco bonus for signing up https://becleverwithyourcash.com/newsletter/ MUSIC The music is Easter Island by Lonely Punk and provided on a creative commons licence 

Why do governments lie about how we will be bankrupted by pension and health costs in 30 years? How can we persuade young people to start saving now to avert this catastrophe? And why is saving cash not enough? Robert and Steph speak to Karen Ward, Chief Market Strategist at JP Morgan Asset Management about her new and terrifying research into Britain's savings crisis. We appreciate your feedback on The Rest Is Money to help make the podcast and our partnerships better: ⁠⁠⁠⁠⁠https://opinion-v2.askattest.com/app/41f5060f-0f52-45bc-bf86-bf3c9793618e?language=ENG⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Sign up to our newsletter⁠⁠⁠⁠⁠⁠⁠ to get more stories from the world of business and finance. Email: ⁠⁠⁠⁠⁠⁠⁠restismoney@gmail.com⁠⁠⁠⁠⁠⁠⁠ X: ⁠⁠⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠⁠⁠⁠@RestIsMoney⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠https://⁠⁠⁠goalhanger.com⁠⁠⁠⁠⁠⁠⁠ Find out more about Premium Bonds at ⁠https://NSandI.com⁠ Visit: ⁠⁠⁠⁠⁠⁠⁠https://monzo.com/therestismoney⁠⁠⁠/⁠⁠⁠⁠ Assistant Producers: India Dunkley, Alice Horrell, Hannah Grieve Producer: Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

This week Damien explains why saving your first £100,000 is the crucial milestone if you want to be wealthy. He then looks at Premium Bonds, revealing the possible returns you can expect if you have the maximum £50,000 holding. He also explains how to improve your chances of winning a £1 million prize. Finally, Andy discusses the proposed changes to how council tax payments are collected.Check out this week's ⁠⁠⁠⁠⁠⁠⁠⁠podcast article⁠⁠⁠⁠⁠⁠⁠⁠ on the Money to the Masses website to see the full list of resources from this week's show(00:00) - Money to the Masses Podcast Episode 510(02:42) - How to Build Wealth: The Power of Compound Interest and the £100,000 Savings Milestone (15:42) - Premium Bonds Explained: Returns, Odds, and Are They Worth It in 2025? (27:04) - Council Tax Payment Changes in England: What Homeowners Need to KnowFollow Money to the Masses on social media:YouTube - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.facebook.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Tik Tok - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.tiktok.com/@moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠You may already compare products and services online and make purchases but by doing so via our dedicated page you might not only save money but could also earn cashback or take advantage of exclusive offers for MTTM listeners.Every time you use a link on the page we may earn a small amount of money for our podcast. We only use affiliate links that give you an identical (or better) deal than going direct. Thank you for being an incredible part of our community. Your support means the world to us.Support the show by visiting and bookmarking our dedicated podcast page:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Money to the Masses Dedicated Podcast Page⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Click to support the showLinks referred to in the podcast:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠NS&I set to cut premium bond rateWhat is the Financial Services Compensation SchemeCouncil tax payments set to changeFind your local councilCouncil tax explained and what to do if you are stuggling to paySubscribe to our NewsletterIf a link has an * beside it this means that it is an affiliated link. If you go via the link, Money to the Masses may receive a small fee which helps keep Money to the Masses free to use.

The nation's favourite savings product has just got a little less generous. The prize rate on NS&I's supremely popular Premium Bonds will be slashed from 3.8 per cent to 3.6 per cent from the August draw - the fifth cut since March 2024. On this week's podcast, Helen Crane, Tanya Jefferies and Georgie Frost discuss why Premium Bonds are the Marmite of the savings world, and ask whether the latest cut will prompt devotees to jump ship.  We also look at where else they could stash their rainy day fund - and keep the tax-free benefits.  Elsewhere, the team ask why a Lloyds Bank customer was turned away from the counter when they asked to withdraw £600 in cash - and told they could only do it at the machine outside.  We also hear from a reader who has a moral dilemma. They are having £40,000 of work done on their home, and the builder has asked them to pay in cash.  It seems there may be some creative accounting at work - but our reader hasn't been told that in so many words, and it could of course be perfectly above board.  Could they get in trouble if it does turn out the builder is evading tax? Will the bank ask questions? And can you even take out that much money in one go?  Next, Tanya discusses the latest number crunching which reveals that opting out of your work pension in your twenties, even for five years, could leave you £40,000 poorer at retirement.  With younger people's budgets stretched in many directions, paying into a pension isn't always a priority.  So how can they ensure they save enough for a comfortable retirement, and is it possible to make up for lost time?  Finally, we look at what most people would spend the money on if they received an inheritance - or at least, what they say they would spend it on.

Is this the calm before the storm for market reaction? How will China influence Iran's response? Will the bombing undermine Starmer's friendship with the US President? Robert and Steph assess the economic consequences of Trump's geopolitical gamble. We appreciate your feedback on The Rest Is Money to help make the podcast and our partnerships better: ⁠⁠⁠⁠https://opinion-v2.askattest.com/app/41f5060f-0f52-45bc-bf86-bf3c9793618e?language=ENG⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠Sign up to our newsletter⁠⁠⁠⁠⁠⁠ to get more stories from the world of business and finance. Email: ⁠⁠⁠⁠⁠⁠restismoney@gmail.com⁠⁠⁠⁠⁠⁠ X: ⁠⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠⁠⁠@RestIsMoney⁠⁠⁠⁠⁠⁠ ⁠⁠⁠https://⁠⁠⁠goalhanger.com⁠⁠⁠⁠⁠⁠ Find out more about Premium Bonds at https://NSandI.com Visit: ⁠⁠⁠⁠⁠⁠https://monzo.com/therestismoney⁠⁠⁠/⁠⁠⁠ Assistant Producer: India Dunkley, Alice Horrell Producer: Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

A bit of a themed Q&A this week, with some great questions from folks in their 30's. We cover share save schemes at work, large inheritances and retirement planning - yes, even in your 30's! Shownotes: https://meaningfulmoney.tv/QA17  01:29  Question 1 Hi Pete and Roger, First of all I wanted to say I'm a new but avid listener to the MM Podcast, I'm so glad I found it while I'm still (relatively) young,  I'm 39 and after years of making bad financial decisions the MM podcast has turned my attitude to money/investing and pensions on its head. I now relish the challenge of taking care of my finances rather than what felt like years of fighting against it. I wanted to ask a question regarding selling Investments vs taking a short term loan. I work for a large pharmaceutical company and as a perk of being an employee I pay into 2 share schemes through work. The one I'm thinking of selling is a plan whereby I'm limited to a certain amount a month I can pay in and whatever I pay in is matched by my employer, so half the shares in this scheme are free. Needles to say I pay the maximum into this to benefit from the BOGOF offer. I've recently had a large unexpected bill that even my emergency fund can't cover! And I wanted to know if selling the shares would be advisable over getting a 12 month loan? If I sell the shares the money will be paid to me through my next pay so it will be subject to tax and NI contributions, after a bit of number crunching I've worked out that what I'll pay back on the loan is a lot less than the tax and NI I'll pay on the shares, however it does mean being in debt for 12 months, but I'm reluctant to sell the shares as I'd earmarked it as a supplement to my pension. If this was cash sitting in an account then it'd be a no brainer but I'm sure that I've heard people advise against selling investments. Please could you help and offer some advice as I'm really not sure what's best as I do what to avoid debt too. Thanks in advance, Anthony 05:30  Question 2 Hi Pete and Roger Thank you so much for the podcast and content you put out - for free! - it's incredibly generous and has helped thousands of people including myself. I appreciate this is not a typical situation, but I am 30 years old and am due to inherit £500,000 (yes, really, though due to unhappy circumstances). Up until now (in no small part due to your content!) I've been confident managing my finances. I am single, and am just approaching becoming a higher-rate tax-payer as an NHS doctor. It is a stable job with a great pension and guaranteed pay progression. I have a £200,000 mortgage on my house which I am comfortably paying out of my salary. I also have a £10,000 cash emergency fund in place, and no other debt apart from my student loan. Due to the NHS pension (and the complexity of avoiding annual allowance breaches with a SIPP alongside a DB pension), I have favoured directing all my personal savings into my stocks and shares ISA rather than a SIPP, all in a 100% equities passive global tracker (currently about £60,000). I don't know what to do with this inheritance. I will put the first £50,000 in Premium Bonds. After that, I like the simplicity of £20,000 per year into the stocks and shares ISA in a passive global tracker. But in the short-term this still leaves a vast sum in cash. Even if I paid off the mortgage (which I'm unsure about, as I've had plans to spend on house renovations fairly soon), there is still a vast amount of cash left unsheltered. (First-world problems, granted.) I could pay for advice, but I would rather self-manage as I feel I don't want to do anything too complicated if someone could explain a simple strategy using a GIA. Option 1: GIA Is it easy to calculate the dividends on an accumulation global tracker fund? Should I ditch the simplicity of global trackers to find dividend-paying funds/investment trusts to try and pay less tax?  Option 2: Cash Option 3: Holding gilts to maturity Have I missed anything? Does it really matter whether I do Option 1 or 2 in the grand scheme of things? Any thoughts would be much appreciated! Kind regards, James 14:30  Question 3 Hi Pete (and Roge) Thanks for all you have done and continue to do on the podcast. I've now read both your books which I would warmly recommend to anyone. I've tried to keep this brief but tricky not missing out key details! My wife and I are in our mid 30s and have SIPPs invested in passive, 100% global equity, accumulation funds. With a reasonable time horizon, and stomach for volatility, we're very happy with this approach. We would like the option to retire as soon as we reach the Normal Pension Age minus 10years which we assume will be 60 by then if we assume the state pension age will rise to 70. Given this background, how do I pivot away from 100% equities to a cash flow ladder? My current thinking is to do the following: - 10 year prior to retirement buy a Gilt with a 10 year maturity - do this for following years working my way up the cashflow ladder - I would need to plan for what I would do if the market was down at any point during this period - perhaps something like - if down by >10% in a given year only sell enough equities to cover minimum expenses for the applicable year and hope for a recovery. This would seem like a reasonable hedge between being prepared and missing out on a recovery. Does this sound like a reasonable approach? What other approaches could I consider? I appreciate I wouldn't be acting upon this question til about 2039, ahead of retiring in 2049, but I guess that is a testament to how you have helped me with my financial planning. If you think this is too far out for planning when do you think I should revisit it? Thanks, Dave 21:02  Question 4 Dear Pete and Roger, I've been a faithful listener for some time and yours is one of the best financial podcasts in the UK. Thank you for all your hard work. I've recently read Pete's new book. Gosh, it was not a light read but it was extremely valuable to me. My question is whether it is worth stopping contributions to the NHS pension if the money is needed more now rather than in retirement. Me (34yo) and my husband (43yo) are in an incredibly privileged position where we have 800k pounds in our ISAs (majority) and SIPPs  and no debt. I love my NHS job and have no plans to leave it any time soon.  My husband couldn't care less for his work. We figured we would like him to retire soon so we can enjoy benefits of having a stay at home dad at home for our child. The problem is, we cannot live off my salary alone and will have to supplement it. I calculated that if he retired in 3 years we would have 3 years worth of cash to cover the shortfall, 5-6 if I have more take home pay due to not contributing to pension. Basically leaving the NHS pension would give us 2 extra years of not having to draw from our investments but would cost circa 1k of guaranteed annual income in retirement for every year of missed contributions, plus benefits - death in service etc. I just wonder if it is worth it for potential returns which are obviously not guaranteed.  Based on historical returns, allowing our investments to grow for 8 years will bring us to our FI number (25x annual expense). I feel this would be more valuable then having guaranteed income later in life. To me, being able to take out NHS pension in 34 years is completely abstract. I know you cannot give specific financial advise but I would love to hear your thoughts. Thank you in advance, Jane. 29:04  Question 5 Hi Roger and Pete, Love the podcast and have learnt so much! Thank you! I am 34 and have paid into the teacher's pension (TPS) for the last 8 years. For 5 years, I worked abroad and did not contribute to it. Living back in the UK, I am not sure how much longer I will be a teacher or eventually my school might even withdraw from it and offer a private pension instead. Missing 5 years of my pension whilst away, I did a few years whereby I increased my contributions using faster accrual from 1/57th to 1/45th of my salary, however I wasn't convinced this was actually going to make up for my lost contributions. This tax year, I decided to stop this and have now got back £300 a month into my salary. My question is whether I would be best to pay this £300 into a LISA (already have £1500 in there for my pension) or ditch this and pay it into a SIPP. I want to have access to some money if I retire early before I can access my TPS which I can imagine will be 70 by the time I am older. Thanks in advance. Rachel 32:07  Question 6 Hi Pete (and the fabulous Rodge) Me and my husband both listen to your podcast and absolutely love your content. We've gone from not really having a clue to having more than £50k between investments and savings for the first time this month, and we put it all down to you and your excellent advice. The question I have is about raising our children with good money attitudes. You like to say "your attitudes towards money are set by the time you're 7", and that makes me think about my kids, who are currently 1 and 3. Me and my husband are both second children, and couldn't be more different from our older siblings in terms of money attitudes. Both our older siblings are spenders, and both in significant amounts of bad debt, making what we would consider poor financial choices. On the flip side, we are both savers, sometimes to the point of unhelpfulness, and we've had to do a lot of learning about spending money to enjoy ourselves more in the here and now. Obviously, we've had functionally identical upbringings to our siblings, so I'm not sure what's made us so different, but certainly I never remember having any direct advice from my parents of money management, investing, budgeting ETC. What is your advice on imparting finical wisdom to our offspring? How is it different at 3 to aged 7, for example? What about their early/late teenage years and young adulthood? I haven't told my husband I'm submitting a question, but if he hears this he'll definitely know it was from me so I'll look forward to our conversation later based on your answers! All our best Hannah

Have the leaders of the G7 ever been more divided? Why have markets been relatively calm about the Israel-Iran conflict so far? What are the scenarios that could cause oil prices to surge and stock prices to collapse? Steph and Robert discuss. We appreciate your feedback on The Rest Is Money to help make the podcast and our partnerships better: ⁠⁠⁠⁠https://opinion-v2.askattest.com/app/41f5060f-0f52-45bc-bf86-bf3c9793618e?language=ENG⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠Sign up to our newsletter⁠⁠⁠⁠⁠⁠ to get more stories from the world of business and finance. Email: ⁠⁠⁠⁠⁠⁠restismoney@gmail.com⁠⁠⁠⁠⁠⁠ X: ⁠⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠⁠⁠@RestIsMoney⁠⁠⁠⁠⁠⁠ ⁠⁠⁠https://⁠⁠⁠goalhanger.com⁠⁠⁠⁠⁠⁠ Visit: ⁠⁠⁠⁠⁠⁠https://monzo.com/therestismoney⁠⁠⁠/⁠⁠⁠ Find out more about Premium Bonds at nsandi.com Assistant Producer: India Dunkley, Alice Horrell Producer: Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

This week, Premium Bonds are the most popular saving product in the UK - but should they be? How do they work, and do they represent a sensible home for your money? That’s our focus today. Host, Ed Monk, and his occasional guests provide a well-balanced take on the latest financial developments together with expert insights to help you grow your capital, manage your investment portfolio and make the most of the money markets. Popular for its jargon-free approach, clear analysis and fresh perspective, The Personal Investor podcast helps shine a light on the latest market developments for the savvy UK investor.See omnystudio.com/listener for privacy information.

Send us a textWelcome to The Vault with Financielle.This week, Laura's talking premium bonds, debt free journeys and we had the best follow up!Connect with our Partners

Resident Doctors, GP Funding, and Tax Trivia: Medics Money Podcast Episode In this Multidisciplinary Team (MDT) Medics' Money podcast episode, resident doctors voice frustrations regarding pay and working conditions, leading to discussions of potential industrial action. Dr. Cyra Mackintosh shares her personal experience with stressful specialty applications and her upcoming move for a histopathology training post. The episode also features contributions from specialist medical accountant Andy Pow and Dr. Ed Cantelo, who highlight major issues in GP funding, discrepancies in government financial support, and unravel the recent news surrounding VAT on Premium Bonds and trade agreements. An entertaining segment dives into VAT trivia, emphasising premium bond efficacy and the implications of NAO and McCloud pension judgments on doctors' finances. 00:00 Introduction and Frustrations with the Government 01:08 Welcome to the Medics Money Podcast 01:32 Dr. Cyra Mackintosh's Exciting News 04:51 Discussion on Resident Doctors' Strike 15:43 Tax Trivia: VAT on Food and Medical Procedures 25:47 Pensions and McCloud Judgment Updates 27:59 Tax Refund Adjustments and Annual Allowance Charges 28:44 The Impact of Annual Allowance Tax on Doctors 30:03 Self-Identification for Annual Allowance Tax Refunds 31:11 Medics Money: Connecting Doctors to Specialist Advisors 32:57 UK-India Trade Agreement and National Insurance Exemptions 37:22 GP Funding and Contract Issues 46:07 Premium Bonds: Not an Investment 49:26 AISMA Conference and Final Thoughts

In this week's AJ Bell Money and Markets podcast, Charlene Young and Laura Suter break down the latest headlines affecting your finances and investments.  We cover Tesla and Netflix earnings (05:11), how political uncertainty in the US is driving gold prices higher (03:22), and what NS&I's latest savings rates mean for savers (14:29). Charlene reveals the real odds of winning with Premium Bonds after an FOI request (12:21), and Tom Sieber from Shares magazine joins to explore whether fund managers with hands-on industry experience hold a performance edge (09:39).  Dan Coatsworth speaks with Peter Fitzgerald from Aviva Investors about how rising tariffs are shifting investment strategies (19:16), and pensions expert Rachel Vahey explains how tax-free cash works when taking money from your pension (31:37). 

Have you ever won big on Premium Bonds?Welcome back to The Chris Moyles Show on Radio X Podcast. This week we discovered that someone on the show is the voice of an advert…We had the one and only Chesney Hawkes in the studio this week ahead of his comeback to music, and he could neither confirm or deny whether he is or isn't doing Celebrity Big Brother, but he did confirm his love for Nik Kershaw.We let your impulsive thoughts win when we played out more of your WhatsApp messages. We love hearing your voices in the studio but some are better than others, pass it on…And finally, 20 Seconds To £20k returned, and the aim of the game is the name of the game, all you have to do is name the track in 20 seconds. Some find it harder than others, so prepare to shout at the radio, or if you're Johnny Vaughan, prepare to shout on the radio…It's been a hell of a week so listen out for these devils:Pippa's sexy voiceSimon Rimmer rests his beefDom's deep in Saint James Enjoy!The Chris Moyles Show on Radio XWeekdays 6:30am - 10am

You ask, Martin answers. A must-listen at this crucial time of year. Martin and Adrian go through the big questions from you as a number of big changes come into force. Plus you tell us about customer service done well, and Adrian tackles a mastermind on credit scores. You can email the podcast team via martinlewispodcast@bbc.co.uk.

In the latest episode of the pod Andy & Amelia are talking about the latest cut to the UK Base Rate, what's in Andy's physical and digital wallets and Premium Bonds explained:  UK Base Rate cut to 4.5% What's in my wallet? Premium Bonds explained For links and further reading head to becleverwithyourcash.com/cashchats ABOUT CASH CHATS Cash Chats is the award-winning podcast brought to you by the team of money geeks at Be Clever With Your Cash, sharing the latest updates from the world of personal finance and helping you to navigate the everyday money challenges we all face. Show notes can be found at becleverwithyourcash.com/podcast. BE CLEVER WITH YOUR CASH ON SOCIAL twitter.com/BeCleverCash instagram.com/becleverwithyourcash   youtube.com/@becleverwithyourcash   GET OUR WEEKLY NEWSLETTER You'll also get a free Quidco bonus for signing up https://becleverwithyourcash.com/newsletter/ MUSIC The music is Easter Island by Lonely Punk and provided on a creative commons licence 

This time… Premium Bonds… are they unique to the UK?  Coronation Street AXED?  How reporting is so different between sources.  Youtube viewers like Andy and Nick are losing patience with the length of videos, the ads, and the moaning vloggers!    Real bread week… why is sliced white so dreadful? We note the death of actor Brian Murphy and discuss 70s sitcoms. Why are tomatoes so tasteless?  Finally… a good news story about a well-travelled cat!  Its all here! Get in touch via our website: twovoices.co.uk  

In the latest episode of the pod Andy & Amelia are talking about: Section 75: the ultimate purchase protection from your credit card How to save money on your Christmas dinner The latest update on 3 savers with 50K each of Premium Bonds For links and further reading head to becleverwithyourcash.com/cashchats ABOUT CASH CHATS Cash Chats is presented by Andy Webb and Amelia Murray from the award winning personal finance site becleverwithyourcash.com. The podcast was "Show of the Week" in the Radio Times, and it has been featured as one of the top money podcasts by publications including Apple, Good Housekeeping and the Independent. In 2021 and 2019 it was awarded Best Money Podcast at the SHOMOS - the UK Money Bloggers community annual awards, and runner-up in 2020. BE CLEVER WITH YOUR CASH ON SOCIAL twitter.com/BeCleverCash instagram.com/becleverwithyourcash   youtube.com/@becleverwithyourcash   GET OUR WEEKLY NEWSLETTER You'll also get a free Quidco bonus for signing up https://becleverwithyourcash.com/newsletter/ MUSIC The music is Easter Island by Lonely Punk and provided on a creative commons licence 

On this week's AJ Bell Money & Markets podcast: the US-focused fund manager with a market-beating performance over the past 12 months and where he sees markets going next Stateside. The team talk ChatGPT and why car insurance should get cheaper next year. You can also hear about the challenges facing automotive companies, an expert on UK shares and big changes to Premium Bonds. Takeovers continue to come thick and fast on the UK market and Dan Coatsworth is here to talk about the latest deals being made. Tom Sieber also updates on the challenges in the automotive sector and why Elon Musk is being denied $56 billion. [10:52] Cormac Weldon from the Artemis US Select Fund talks to Dan about what Donald Trump could do next, and where he sees the US market heading in 2025. His fund has returned 38% in the 12 months to 2 December 2024 versus 33% from the S&P 500 index, in sterling terms. [14:07] Drivers could be in line for a £50 car insurance saving next year, predict experts. That's down to an important change in how personal injury compensation payments are calculated. Tom explains all. [26:27] Dan has been celebrating ChatGPT's second anniversary by digging into the impact it's had on companies. [29:03] Amid news that NS&I is cutting the effective rate on Premium Bonds from January, Tom asks if the savings products are still worth it. [34:56] We also hear from Polar Capital UK Value Opportunities Fund manager Georgina Hamilton on the outlook for UK shares in 2025. [37:21]

In the latest episode of the pod Andy & Amelia are talking about: Our December savings update Premium bonds cut the rate again! For links and further reading head to becleverwithyourcash.com/cashchats ABOUT CASH CHATS Cash Chats is presented by Andy Webb and Amelia Murray from the award winning personal finance site becleverwithyourcash.com. The podcast was "Show of the Week" in the Radio Times, and it has been featured as one of the top money podcasts by publications including Apple, Good Housekeeping and the Independent. In 2021 and 2019 it was awarded Best Money Podcast at the SHOMOS - the UK Money Bloggers community annual awards, and runner-up in 2020. BE CLEVER WITH YOUR CASH ON SOCIAL twitter.com/BeCleverCash instagram.com/becleverwithyourcash   youtube.com/@becleverwithyourcash   GET OUR WEEKLY NEWSLETTER You'll also get a free Quidco bonus for signing up https://becleverwithyourcash.com/newsletter/ MUSIC The music is Easter Island by Lonely Punk and provided on a creative commons licence 

Martin Lewis asks are you one of over 1m who overpaid their student loan and can get it back? We are looking at the latest car finance update, which could double the number of people who are due a payout on their claims. The listeners ‘Tell Us' about the best thing they've learnt about money from work. And a Mastermind looking at premium bonds…

In the latest episode of the pod Andy's talking about: Everything you need to know about the latest Natwest bank switching offer The Premium Bond prize rate is about to drop - so is it time to ditch them? For links and further reading head to becleverwithyourcash.com/cashchats ABOUT CASH CHATS Cash Chats is presented by Andy Webb and Amelia Murray from the award winning personal finance site becleverwithyourcash.com. The podcast was "Show of the Week" in the Radio Times, and it has been featured as one of the top money podcasts by publications including Apple, Good Housekeeping and the Independent. In 2021 and 2019 it was awarded Best Money Podcast at the SHOMOS - the UK Money Bloggers community annual awards, and runner-up in 2020. BE CLEVER WITH YOUR CASH ON SOCIAL twitter.com/BeCleverCash instagram.com/becleverwithyourcash   youtube.com/@becleverwithyourcash   GET OUR WEEKLY NEWSLETTER You'll also get a free Quidco bonus for signing up https://becleverwithyourcash.com/newsletter/ MUSIC The music is Easter Island by Lonely Punk and provided on a creative commons licence 

In the latest episode of the pod, Amelia's talking to special guest, Simon Read, about the stories from the last week that most affect your money. Including: Millions of savers being caught in the interest tax net next year as a result of higher interest rates How lucky are YOUR Premium Bonds - are some more likely to win than others? How parents are teaching their kids important money lessons Deals of the week And more! For links and further reading head to becleverwithyourcash.com/cashchats ABOUT CASH CHATS Cash Chats is presented by Andy Webb and Amelia Murray from the award winning personal finance site becleverwithyourcash.com. The podcast was "Show of the Week" in the Radio Times, and it has been featured as one of the top money podcasts by publications including Apple, Good Housekeeping and the Independent. In 2021 and 2019 it was awarded Best Money Podcast at the SHOMOS - the UK Money Bloggers community annual awards, and runner-up in 2020. BE CLEVER WITH YOUR CASH ON SOCIAL twitter.com/BeCleverCash instagram.com/becleverwithyourcash   youtube.com/@becleverwithyourcash   GET OUR WEEKLY NEWSLETTER You'll also get a free Quidco bonus for signing up https://becleverwithyourcash.com/newsletter/ MUSIC The music is Easter Island by Lonely Punk and provided on a creative commons licence 

Sometimes you need a safe place to stash your cash. Savings accounts, bonds and money market funds are all options but how can you maximise returns? And should you ‘lock in a rate'? And in today's Dumb Question of the Week: What's wrong with Premium Bonds? --- Thank you to Saxo for sponsoring this episode. Sign up to claim GBP 200 back in online trading fees when you open an account with Saxo today via: PensionCraft | Saxo (home.saxo) Capital at risk. T&C's apply. ---Get in touch

How much do you need in Premium Bonds to win the jackpot? And if you haven't maxed them out to the full £50,000, is it even worth bothering? This is Money has run some in-depth analysis on all the £1million prizes over the past four years and this week revealed how much those lucky people held. On this week's podcast episode, Georgie Frost, Lee Boyce and Simon Lambert look at what it takes to win the Premium Bonds. Simon gives us his tax manifesto to get us out of the mess Britain's tax system is in. Plus, one of our readers is in their mid-40s, would like to semi-retire to work on their own terms, travel and enjoy life in a decade, and wants to know if their £180,000 investments can grow enough to achieve that.  What does someone with those ambitions need to consider? The team take a look. Should you consider buying a cheap electric car? Prospective buyers are worried about batteries but get over that and Simon says it could prove even cheaper to run than you think. And finally, the new King Charles notes are out but what are the serial numbers to check your wallet for that could make them worth big money?

In the latest episode of the pod Andy's talking about: 1 year, 3 savers, £50K premium bonds - who wins? The British Bank awards winners UK base rate announcement  Andy's deals of the week For links and further reading head to becleverwithyourcash.com/cashchats ABOUT CASH CHATS Cash Chats is presented by money blogger and broadcaster Andy Webb. The podcast was "Show of the Week" in the Radio Times, and it has been featured as one of the top money podcasts by publications including Apple, Good Housekeeping and the Independent. In 2021 and 2019 it was awarded Best Money Podcast at the SHOMOS - the UK Money Bloggers community annual awards, and runner-up in 2020. On each Cash Chats episode you can hear Andy share ways to get the most from your money.  Andy also runs the award-winning website Be Clever With Your Cash, presented Channel 5's Shop Smart Save Money and founded the community ukmoneybloggers.com. To contact Andy email Andy@Becleverwithyourcash.com ANDY ON SOCIAL   twitter.com/BeCleverCash instagram.com/becleverwithyourcash   youtube.com/@becleverwithyourcash   GET ANDY'S WEEKLY NEWSLETTER You'll also get a free Quidco bonus for signing up https://becleverwithyourcash.com/newsletter/ MUSIC The music is Easter Island by Lonely Punk and provided on a creative commons licence 

This week, we're taking the temperature of markets after a weekend of worrying geopolitical news. How will the tension in the Middle East affect economies - and what can or should investors do to mitigate geopolitical risk? And then - our semi-regular check in on Premium Bonds - what is the case for them now? Host, Ed Monk, and his occasional guests provide a well-balanced take on the latest financial developments together with expert insights to help you grow your capital, manage your investment portfolio and make the most of the money markets. Popular for its jargon-free approach, clear analysis and fresh perspective, The Personal Investor podcast helps shine a light on the latest market developments for the savvy UK investor.See omnystudio.com/listener for privacy information.

In the latest episode of the pod I'm talking about: How to get up to £225 from TSB via a bank switch offer Whether you should ditch Premium Bonds following a cut to the prize rate How unlimited cinema memberships compare Deals of the week For links and further reading head to becleverwithyourcash.com/cashchats ABOUT CASH CHATS Cash Chats is presented by money blogger and broadcaster Andy Webb. The podcast was "Show of the Week" in the Radio Times, and it has been featured as one of the top money podcasts by publications including Apple, Good Housekeeping and the Independent. In 2021 and 2019 it was awarded Best Money Podcast at the SHOMOS - the UK Money Bloggers community annual awards, and runner-up in 2020. On each Cash Chats episode you can hear Andy share ways to get the most from your money.  Andy also runs the award-winning website Be Clever With Your Cash, presented Channel 5's Shop Smart Save Money and founded the community ukmoneybloggers.com. To contact Andy email Andy@Becleverwithyourcash.com ANDY ON SOCIAL   twitter.com/BeCleverCash instagram.com/becleverwithyourcash   youtube.com/@becleverwithyourcash   GET ANDY'S WEEKLY NEWSLETTER You'll also get a free Quidco bonus for signing up https://becleverwithyourcash.com/newsletter/ MUSIC The music is Easter Island by Lonely Punk and provided on a creative commons licence       

After a good year for Premium Bonds when the only way was up for the prize fund rate, savers got a blow this week as a cut arrived. The prize fund rate is being cut to 4.4 per cent from 4.65 per cent.   That edges the average return - which you may or may not get - from Premium Bonds further below the best savings deals, so should you save instead? Or would many Premium Bond holders be better off investing? On this podcast episode, Georgie Frost, Lee Boyce and Simon Lambert discuss whether Premium Bonds stack up. Plus, as the US securities regulator aproves bitcoin ETFs, is the price now headed for $200,000 as some suggest, or could this be enticing more naive investors into the volatile world of crypto that's been dogged by fraud? Later, Lee reveals his car insurance woes - and shares tips on how to deal with your own renewal quite pain. And finally, find out who on the podcast team is not drinking for January, who is taking an extremely haphazard approach to it, and who is planning to go all the way to Easter, as we discuss the no and low-alcohol beer boom and the ones we rate the best.

Have interest rates peaked? After an inflation spike rudely awoke them from their slumbers, the Bank of England and the US Federal Reserve have shown us that rate hiking can be a difficult habit to break. But 14 consecutive rate rises into an astonishing run from 0.1 per cent to 5.25 per cent for the base rate, the Bank of England suddenly paused six weeks ago. And then, on Thursday, it did it again. On both of those occasions, the Fed had also just done the same thing across the Atlantic. So, are we finally there? When does a pause become a peak? And if we have reached the top of the interest rate cycle, what happens next? On this episode of This is Money podcast, Georgie Frost, Helen Crane and Simon Lambert look at the decision to hold rates again and what it means for savers, mortgage borrowers and investors. Plus, what are Andrew Bailey's Bank of England and Jay Powell's Fed telling us about their respective economies – and how divergent are the paths of the UK and US? Also on this episode, Crane on the Case digs into a how an entirely explainable and obvious error somehow led to a reader facing more than £8,000 of fines and Transport for London refusing to budge… until we stepped in. Plus, some previous high-flying investment trusts are going cheap, so is this the time to invest? Simon takes a look. And finally, what have the Premium Bonds and a pop quiz on number one hits in 2000 and 2008 got to do with each other? Listen to the end if you want to find out why you need to know that the UK number one in February 2008, was Duffy singing Mercy.

Many people may be feeling in a state of financial flux at the moment and wondering where to put their money. And it's not an easy choice. Savings rates have improved, gold is holding steady, but property prices are slipping and stocks are sticky. And that is just some of the myriad of options Britons are contemplating right now, alongside other areas such as overpaying the mortgage or saving for retirement. So, where would you put your money for the next five years? That's the question the This is Money team put to the experts – and our readers – with a mixed response. Georgie Frost, Simon Lambert and Lee Boyce reveal what they told us, the results of a reader poll and how they're grappling with these big financial decisions. Could unloved and cheap investment trusts be the answer? Simon runs the rule. Premium Bonds have been boosted again – Lee reveals why they are giving them a headache. And NS&I have boosted its green savings deal to 5.7 per cent. Is it a good deal now? Elsewhere, Ofgem has announced the new energy price cap for October 2023 will be £1,923. What does it mean for households – and why are many still facing higher bills this winter regardless? Loyal listeners may might remember a few years ago predictions from a chap called Fred Harrison - a housing market crash in 2026. The British author and economic commentator identified the 18-year property cycle and believes it can accurately predict the next house price crash. But have today's inflation and high mortgage rates thrown the cycle off track? And property prices have become less expensive relative to average earnings, according to new data – but there's a sting in the tail: higher mortgage rates mean homes are now LESS affordable. Finally, would you pay £25million for a car?

In the latest episode of the pod I'm talking about: How to beat the new Disney+ price changes Which student bank accounts have the largest 0% overdrafts and best freebies Whether the increased Premium Bond prize rate is better than savings A listener question about keeping track of savings interest My deals of the week For links and further reading head to becleverwithyourcash.com/cashchats333 ABOUT CASH CHATS Cash Chats is presented by money blogger and broadcaster Andy Webb. The podcast was "Show of the Week" in the Radio Times, and it has been featured as one of the top money podcasts by publications including Apple, Good Housekeeping and the Independent. In 2021 and 2019 it was awarded Best Money Podcast at the SHOMOS - the UK Money Bloggers community annual awards, and runner-up in 2020. On each Cash Chats episode you can hear Andy share ways to get the most from your money.  Andy also runs the award-winning website Be Clever With Your Cash, presented Channel 5's Shop Smart Save Money and founded the community ukmoneybloggers.com. To contact Andy email Andy@Becleverwithyourcash.com ANDY ON SOCIAL Andy's handle is @AndyCleverCash and you can follow him over at: twitter.com/AndyCleverCash instagram.com/andyclevercash   youtube.com/andyclevercash   GET ANDY'S WEEKLY NEWSLETTER You'll also get a free Quidco bonus for signing up https://becleverwithyourcash.com/newsletter/ MUSIC The music is Easter Island by Lonely Punk and provided on a creative commons licence       

After months of mortgage mayhem some better news finally arrived this week with major lenders delivering a slew of hefty rate cuts. Halifax, Nationwide, and NatWest have all delivered big chops to their home loans, with analysts saying that we may be past the moment of peak panic in the mortgage market. That's the silver lining to a very dark cloud though, as mortgage rates are far higher than they have been in recent years and almost all of those whose fixes come up for renewal will face paying much more. So if this is the end of Mortgage Mayhem Part 2 (the uncalled for sequel to Liz Truss and Kwasi Kwarteng's original instalment), what happens next? On this week's podcast, Georgie Frost, Helen Crane and Simon Lambert survey the wreckage of the past few months and look at what could come next for mortgage rates and homeowners? With higher rates here for the foreseeable future, they also discuss what this means for people's finances and how mortgage hikes are likely to eat most people's pay rises and then some. Simon explains why after such a long period of stagnant real wages, this is a major problem. In cheerier news, Premium Bonds have had another big bump up in the prize rate, so are they now a no-brainer? (For those listening to the podcast and looking for it, here is the link to our Premium Bonds winning stats piece Simon mentions). Plus, what is the tale of good customer service that Simon has returned from holiday with? And finally, how did Helen go viral with an old carrier bag?

In the latest episode of the pod I'm talking about: My month in money, including Checking my energy bill to claim back overpaid energy bills Understanding when cashback could be declined on partial returns Making sure you return Ocado bags How much I won on Premium Bonds Plus my deals of the week For links and further reading head to becleverwithyourcash.com/cashchats ABOUT CASH CHATS Cash Chats is presented by money blogger and broadcaster Andy Webb. The podcast was "Show of the Week" in the Radio Times, and it has been featured as one of the top money podcasts by publications including Apple, Good Housekeeping and the Independent. In 2021 and 2019 it was awarded Best Money Podcast at the SHOMOS - the UK Money Bloggers community annual awards, and runner-up in 2020. On each Cash Chats episode you can hear Andy share ways to get the most from your money.  Andy also runs the award-winning website Be Clever With Your Cash, presented Channel 5's Shop Smart Save Money and founded the community ukmoneybloggers.com. To contact Andy email Andy@Becleverwithyourcash.com ANDY ON SOCIAL Andy's handle is @AndyCleverCash and you can follow him over at: twitter.com/AndyCleverCash instagram.com/andyclevercash   youtube.com/andyclevercash   GET ANDY'S WEEKLY NEWSLETTER You'll also get a free Quidco bonus for signing up https://becleverwithyourcash.com/newsletter/ MUSIC The music is Easter Island by Lonely Punk and provided on a creative commons licence       

Premium Bonds are a national institution and their prize-giving place in British savers' hearts was only cemented further through the low interest rate years. But now interest rates are on the rise and Premium Bonds offer not only the chance to win £1million but also a much better rate of return. The average prize fund rate on Premium Bonds has reached the heady heights of 3.3 per cent - going head-to-head with top easy access savings deals. But what many savers may not realise is that their chance of winning a big prize of £100,000 or £50,000 has got much better too. So, is it time to back Premium Bonds even further, or would you be better off with a standard savings account? On this week's podcast, Georgie Frost, Sam Barker and Simon Lambert look at the numbers and the pros and cons. Plus, an even better return of up to 4.6 per cent is offered now by five year fixed rate savings accounts, but are they worth going for and choosing over stocks and shares? This week brought yet more news of annoyingly high inflation, as CPI stubbornly stuck above 10 per cent, but why are food prices still rising so rapidly, are supermarkets or producers cashing in, and what can you do about it? And finally, supermarkets have a new loyalty card wheeze - lower prices for those with them and more expensive groceries for those without. Sainsbury's Nectar Prices has followed Tesco's Clubcard Prices and now the Co-op has member prices too.  Is this enough to change Simon's mind on loyalty cards?

Laura Suter and Tom Sieber bring you the podcast this week. We've got not one, but two inflation updates for you, and we'll look at how markets reacted to the news. We look at a dodgy start to UK banks reporting season from Barclays and shedding light on why Lyft stock crashed this week. We've also got the latest update from everyone's favourite savings company, NS&I, with a boost to the prize fund for Premium Bonds, and our fund manager interview this week is with Tom Caddick, Head of investments at NedGroup investments, about where he sees opportunities in the current market. Finally, we've also got the first in our series of interviews with investors, talking about why they invest and how it makes them feel. Matt spoke about his journey into investing, with a few key life moments spurring him on, from having a daughter, to getting a windfall of money.

With interest rates on mortgage going up, the banks haven't been that generous with passing on the rates to savers. Here are some of the best rates around right now https://my.captivate.fm/e%20with%20a%20lifetime%20ISA%20who%20this%20could%20affect,%20please%20share%20%20Join%20my%20discord%20-%20https://discord.gg/7tPFd6m3f9 (Join my discord ) https://my.captivate.fm/theconvo.io (Subscribe to my monthly magazine) https://my.captivate.fm/conversationofmoney.com/courses (Take my £59.99 investment course for beginners) https://calendly.com/conversationofmoney/discoverycall (Book a discovery call) SUPPORT THE SHOW https://www.buymeacoffee.com/conversation (Buy me a beer) https://uk.trustpilot.com/evaluate/conversationofmoney.com (Leave a Trustpilot review)

This week, the chief executive of the energy regulator Ofgem warned the energy price cap could rise to £2,800 a year for a typical home. A few days later, the Chancellor, Rishi Sunak, unveiled a £15 billion package to help households with their fuel bills - the second in three months. We'll discuss the details of what that means for pensioners with Helen Morrisey from Hargreaves Lansdown. We'll hear from the CEO of Amigo loans on a new scheme, approved by the High Court this week, which will allow thousands of people who were mis-sold loans to apply for compensation. What to do if you end up paying for a subscription unwittingly or can't cancel it – and how the government plans to try and prevent consumers losing out. And a Money Box mini on the new interest rate for Premium Bonds announced this week. Presenter: Paul Lewis Reporter: Dan Whitworth Researcher: Sandra Hardial Editor: Jess Quayle (First broadcast 12pm on Saturday 28th May, 2022)

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Leighton Cusack, Co-founder of PoolTogether, and community advocates Mkkoll and Gio, join us to introduce the crypto-powered savings protocol and its role in creating accessible onramps to DeFi for new users. --- Crypto Sapiens is produced in partnership with Bankless DAO.  https://bankless.community   --- Crypto Sapiens hosts lively discussions with innovative Web3 builders to help everyone learn about decentralized money systems including Ethereum, Bitcoin and DeFi. https://twitter.com/CryptoSapiens_    --- Resource links: PoolTogether is a crypto-powered savings protocol based on Premium Bonds. https://pooltogether.com/  https://twitter.com/PoolTogether_  Connect with PoolTogether Co-Founder, Leighton Cusack. https://twitter.com/lay2000lbs  --- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Talk to your accountant. Do your own research.