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Have you got financial confidence - could it make you richer?

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Manage episode 428547572 series 98838
Content provided by This is Money. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by This is Money 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.
Do you feel financially confident? When it comes to budgeting, saving, investing, and building your pension, are you clueless, comfortable, or cracking on?
A piece of research this week by Moneybox claimed that being financially confident could add £67,000 to your lifetime wealth – on average those with confidence were worth £145,000 on average, compared to £78,000 for the unconfident.
But what does being financially confident actually mean and how can you get there?
On this week’s podcast, Georgie Frost, Tanya Jefferies and Simon Lambert look at how to boost your financial confidence and whether the tips to do so could work.
Plus, a week into a new government and with a planned pensions review looming, the team look at what Labour could mean for our retirement savings.
Meanwhile, investors seem to be cheering Labour taking charge and this week investment giant BlackRock flagged Britain’s ‘relative political stability’ and cheap stock market, so does that mean good future returns?
Investing a large sum was on the mind of a reader who asked This is Money an unusual question: I’m inheriting £10million, should I set up an investment trust? So, what is the answer to that?
And finally, a new report has revealed Britain’s best places for customer service – did your favourite make the list?
  continue reading

500 episodes

Artwork
iconShare
 
Manage episode 428547572 series 98838
Content provided by This is Money. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by This is Money 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.
Do you feel financially confident? When it comes to budgeting, saving, investing, and building your pension, are you clueless, comfortable, or cracking on?
A piece of research this week by Moneybox claimed that being financially confident could add £67,000 to your lifetime wealth – on average those with confidence were worth £145,000 on average, compared to £78,000 for the unconfident.
But what does being financially confident actually mean and how can you get there?
On this week’s podcast, Georgie Frost, Tanya Jefferies and Simon Lambert look at how to boost your financial confidence and whether the tips to do so could work.
Plus, a week into a new government and with a planned pensions review looming, the team look at what Labour could mean for our retirement savings.
Meanwhile, investors seem to be cheering Labour taking charge and this week investment giant BlackRock flagged Britain’s ‘relative political stability’ and cheap stock market, so does that mean good future returns?
Investing a large sum was on the mind of a reader who asked This is Money an unusual question: I’m inheriting £10million, should I set up an investment trust? So, what is the answer to that?
And finally, a new report has revealed Britain’s best places for customer service – did your favourite make the list?
  continue reading

500 episodes

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