We all know buying a house is a stressful experience, and when you’re looking to buy your next house and sell your current one, it can be even more stressful. In this episode we’re going to help you to get through the process with less stress and a calm mind, while also minimising the costs involved. When my wife and I had our first house we were quite happy in it until we decided that we want to… sell it. Not sure why all of a sudden but I’m sure you’ll have those moments. Maybe you want to have more children and you think the house you live in is not suitable for this purpose. You also might ..read more

Buying a house can be an exciting time especially if you’ve waited for a long time beforehand. However, the process of buying could be stressful depending on the various circumstances. What steps would you take? Where would you start? Are you scared that you can make a costly mistake? Don’t worry, we’ve decided to have this episode just for you and by the end of it I promise you won’t think it’s that bad. 1. Property type First consider the type of property you’re looking to buy, whether you’d like a flat or a house. Usually flats are sold as leasehold properties where you don’t own the land u ..read more

If you’ve ever been out in a small boat, you will have worn a life jacket. The chances are you won’t need to use it, but if things did go wrong on the water, you’d certainly be glad you were wearing one! Insurance is like the life jacket for our money, and having the right cover in place can make all the difference should you ever need it. You have insurance for your house, for your car, maybe for your pet, but do you have insurance for you? Have you considered what would happen to those closest to you when you’re no longer around? In this episode we’re going to look at life insurance, what it ..read more

Has anyone ever told you you’re weird? If you call me weird, I wouldn’t be offended at all; in fact I definitely describe myself as weird and I’m proud of it. And when it comes to how we handle money in our society, it’s definitely good to be weird! In this episode we’re going to look at three ways to be weird, to go against what most people are doing, but things that could save you big time. The first one will save you hundreds of pounds, the second one thousands, and the last one tens of thousands. Phones First up, I want to talk about phones. The way most people buy their phones in this cou ..read more

Do you ever find it hard to know what the right thing to do is when it comes to money? I don’t know about you, but I really don’t want to look back in ten or twenty years time and think I’ve made a foolish decision. But there’s no way to predict the future, so how can we be wise with what we have now, not knowing what’s to come? In this episode, we’re going to look at one simple technique that has helped me to make smarter decisions with my money, and I hope can do the same for you. This is a technique I’ve picked up from listening to financial guru Dave Ramsey. The idea is simply that you tak ..read more

For most of us, Christmas is the most expensive time of the year. There are presents to buy, meals out with friends and colleagues, travel to see family, and a whole lot of food and drink. And with the cost of living crisis hitting us all, these seasonal expenses are going to be even more of an issue. So how can we have a great time at Christmas without it crippling us financially? In this episode we’re going to look at some practical ways we can take control of our spending at Christmas. Budget Firstly, as with all of your finances, you need to create a budget and stick to it. Work out how ma ..read more

Do you ever dream of becoming a millionaire? Maybe it seems like a ridiculous idea to you — something that you can only achieve if you’re famous, or win the lottery, or have your own successful business. What if I told you that even on a modest salary, millionaire status is within your reach? In this episode we’re talking about the everyday millionaire — people who achieve a net worth of one million pounds. They don’t drive a Lamborghini or live in a mansion, but they make great decisions throughout their life to achieve financial freedom. Let’s find out how we can do the same. An everyday mil ..read more

What’s your greatest asset? If you’re a home owner, it might surprise you that the answer is probably not your house. In this episode we’ll talk about why that is, as well as what an asset truly is and what your life aim should be if you want to thrive financially. So what is an asset and what is a liability? In his book “Rich Dad, Poor Dad”, Robert Kiyosaki defines them this way: An asset is anything that makes you money — a liability is something that loses you money. So let’s look at some examples. How about a diamond ring? Diamonds are forever, right? We’re told that things like that are a ..read more

What’s the best place for your savings? Cash under the bed? In your current account? In a cash ISA? Actually, all of those things will lose you money. In this episode we explain why that is and what you can do about it. So, the trouble with just having money in the bank is inflation. Let’s say you go out this week and you spend £100 on groceries. Over the last 5 years, the Retail Price Index for inflation has been about 2.5% per year, so if you go next year and buy the exact same set of items, it will cost you on average about £102.50. So that means if you kept £100 in the bank for a year with ..read more

Do you ever dream of getting rich quick? Wouldn’t it be amazing to suddenly have an incredible amount of money? Actually, no. There’s a better way. Find out more in this episode of Financial University. Links Smart Passive Income Proclaimers ..read more