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Is Martin Lewis Teaching The Wrong Thing about Money?

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Manage episode 317545161 series 3303915
Content provided by moneytipps. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by moneytipps or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Is 'The Money Saving Expert' wrong about Credit Cards?

Credit cards charge insane interest rates, causing people to get into spiralling debts, making it easy to overspend and making purchases seem less real.

The dangers of credit cards are well known, they encourage us to spend more by offering us points, which may increase us getting caught up in the debt spiral.

In this episode Money Tipps questions Martin Lewis encouragement of credit cards and asks is it right to promote and profit from something so damaging to our long term wealth?

We also discuss the FIRE (Financial Independence and Retire Early) movement and we discuss Black Lives Matter.

This is the second of two episodes where Andy Webb from 'Be Clever With Your Cash' joins us to discuss money.

Listen today

  continue reading

75 episodes

Artwork
iconShare
 
Manage episode 317545161 series 3303915
Content provided by moneytipps. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by moneytipps or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Is 'The Money Saving Expert' wrong about Credit Cards?

Credit cards charge insane interest rates, causing people to get into spiralling debts, making it easy to overspend and making purchases seem less real.

The dangers of credit cards are well known, they encourage us to spend more by offering us points, which may increase us getting caught up in the debt spiral.

In this episode Money Tipps questions Martin Lewis encouragement of credit cards and asks is it right to promote and profit from something so damaging to our long term wealth?

We also discuss the FIRE (Financial Independence and Retire Early) movement and we discuss Black Lives Matter.

This is the second of two episodes where Andy Webb from 'Be Clever With Your Cash' joins us to discuss money.

Listen today

  continue reading

75 episodes

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