Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

Habits are the things we do every day, and in the long term, the things that make a real difference. You don’t just brush your teeth or drink water occasionally?   Join my Money Tips 365 Supporters Club on Spotify: - https://podcasters.spotify.com/pod/show/charles-kelly/subscribe   Just like good eating and healthy habits, sensible money habits will stand you in good stead for your financial future.

Habits are the things we do every day, and in the long term, the things that make a real difference. You don’t just brush your teeth or drink water occasionally?   Join my Money Tips 365 Supporters Club on Spotify: - https://podcasters.spotify.com/pod/show/charles-kelly/subscribe   Just like good eating and healthy habits, sensible money habits will stand you in good stead for your financial future.

Money Tips 36 Day 7 - End of Year Tax Planning   If you are listening to this in the UK in the month of March, you only have a few weeks remaining until the end of the current tax year on 5 April.    Join my Money Tips 365 Supporters Club on Spotify: - ⁠https://podcasters.spotify.com/pod/show/charles-kelly/subscribe⁠   Now is the time to think about tax-free allowances into pensions and ISA savings schemes, as well as other tax friendly investments. Other countries vary, but the principles are the same.   If you are in business, you should also be talking to your tax or financial advisor about what tax savings you could make before the end of the current tax year.  Don’t rely on your accountant to do this for you as most are not proactive.    New UK ISA allowance announced in the budget   This week, the Chancellor, Jeremy Hunt, announced a new £5000 additional tax free allowance for ISA investments provided they are invested into British shares.  This means you can invest the money directly into shares or i

Persistence is a quality found in all successful people, whether in business, sports, or any other endeavour requiring effort and ability to stick with it when the going gets tough.    Join my Money Tips 365 Supporters Club on Spotify: - https://podcasters.spotify.com/pod/show/charles-kelly/subscribe   Anything worth having requires work, effort, patience, and persistence to see it through. He will face obstacles, setbacks and disappointments, and this is where having a clear goal and mission will help fuel you with the persistence you need to see the job through.   In his book, think and grow rich, Napoleon Hill, describe, persistence as the carbon in steel.    You see millionaire sports stars, movie stars, entertainers when they’ve reached the top. They earn millions and enjoy the adoration and accolades.   What you don’t see is the years of work, sometimes, since early childhood, that they have put in in order to reach the top.    You don’t see the sacrifices that they’ve made the setbacks and disappo

Persistence is a quality found in all successful people, whether in business, sports, or any other endeavour requiring effort and ability to stick with it when the going gets tough.    Join my Money Tips 365 Supporters Club on Spotify: - https://podcasters.spotify.com/pod/show/charles-kelly/subscribe   Anything worth having requires work, effort, patience, and persistence to see it through. He will face obstacles, setbacks and disappointments, and this is where having a clear goal and mission will help fuel you with the persistence you need to see the job through.   In his book, think and grow rich, Napoleon Hill, describe, persistence as the carbon in steel.    You see millionaire sports stars, movie stars, entertainers when they’ve reached the top. They earn millions and enjoy the adoration and accolades.   What you don’t see is the years of work, sometimes, since early childhood, that they have put in in order to reach the top.    You don’t see the sacrifices that they’ve made the setbacks and disappo

Money Tips 36 Day 7 - End of Year Tax Planning   If you are listening to this in the UK in the month of March, you only have a few weeks remaining until the end of the current tax year on 5 April.    Join my Money Tips 365 Supporters Club on Spotify: - ⁠https://podcasters.spotify.com/pod/show/charles-kelly/subscribe⁠   Now is the time to think about tax-free allowances into pensions and ISA savings schemes, as well as other tax friendly investments. Other countries vary, but the principles are the same.   If you are in business, you should also be talking to your tax or financial advisor about what tax savings you could make before the end of the current tax year.  Don’t rely on your accountant to do this for you as most are not proactive.    New UK ISA allowance announced in the budget   This week, the Chancellor, Jeremy Hunt, announced a new £5000 additional tax free allowance for ISA investments provided they are invested into British shares.  This means you can invest the money directly into shares or

Money Tips 365 Day 6 – Emergency Funds!   Emergencies. Have 3 to 6 months expenses in the bank   Join my Money Tips 365 Supporters Club on Spotify: - https://podcasters.spotify.com/pod/show/charles-kelly/subscribe   .Everyone needs backup funds to cope with emergencies and things that crop up in life.    When you don’t have an emergency fund, you are at the mercy of payday lenders and expensive credit. These lenders usually charge extortionate interest rates.   Day   Discipline   All successful or physically fit people, I know, have self discipline and control, all failures and unhealthy people don’t.    Just like keeping fit or living healthily, saving is a habit which requires a certain amount of self discipline and willpower.    Join my Money Tips 365 Supporters Club on Spotify: - https://podcasters.spotify.com/pod/show/charles-kelly/subscribe

Money Tips 365 Day 6 – Emergency Funds!   Emergencies. Have 3 to 6 months expenses in the bank   Join my Money Tips 365 Supporters Club on Spotify: - https://podcasters.spotify.com/pod/show/charles-kelly/subscribe   .Everyone needs backup funds to cope with emergencies and things that crop up in life.    When you don’t have an emergency fund, you are at the mercy of payday lenders and expensive credit. These lenders usually charge extortionate interest rates.    Join my Money Tips 365 Supporters Club on Spotify: - https://podcasters.spotify.com/pod/show/charles-kelly/subscribe

Money Tips 365 Day 5 - Frugality   Live frugally within your means.   Join my Money Tips 365 Supporters Club on Spotify: - https://podcasters.spotify.com/pod/show/charles-kelly/subscribe Even the wealthy, well off and some billionaires are frugal!   Watch video version on YouTube - https://youtu.be/UoO-aN5iarM   People who show off with fine watches and fancy cars on expensive finance are not always wealthy. They are quite often living on a knife edge on borrowed money and borrowed time.   This is not about living poor to become rich.  It’s about spending carefully on the things you need rather than things to impress others. It’s about waiting to save for something rather than buying it on a credit card and shopping around for the best deals.   Living comfortably, but with frugality. This does not mean that you are mean and tightfisted. Join my Money Tips 365 Supporters Club on Spotify: - https://podcasters.spotify.com/pod/show/charles-kelly/subscribe   #money #moneytips #frugal #rockafella #financialfr

Money Tips 365 Day 5 - Frugality   Live frugally within your means.   Join my Money Tips 365 Supporters Club on Spotify: - https://podcasters.spotify.com/pod/show/charles-kelly/subscribe Even the wealthy, well off and some billionaires are frugal!   People who show off with fine watches and fancy cars on expensive finance are not always wealthy. They are quite often living on a knife edge on borrowed money and borrowed time.   This is not about living poor to become rich.  It’s about spending carefully on the things you need rather than things to impress others. It’s about waiting to save for something rather than buying it on a credit card and shopping around for the best deals.   Living comfortably, but with frugality. This does not mean that you are mean and tightfisted. Join my Money Tips 365 Supporters Club on Spotify: - https://podcasters.spotify.com/pod/show/charles-kelly/subscribe   #money #moneytips #frugal #rockafella #financialfreedom    

Money Tips 365 Day 4 - Patience!   Practice patience.   Join my Money Tips 365 Supporters Club on Spotify: - https://podcasters.spotify.com/pod/show/charles-kelly/subscribe   Have the patience to save for something special, rather than buying it on a credit card.   Watch YouTube version - https://youtu.be/OdQ7Ffrqufs   Be patient with your investments and give them time to grow, just like planting seeds.   Be patient and take the long-term perspective for your investing journey.   Successful people take a long-term perspective and realise that they have to pay the price for success.   Unsuccessful people invariably “want it now”, are not prepared to take pay the price and give up too easily.   They don’t want to take the time to learn or study and work hard.   They go into debt to buy consumer goods rather than save for them.    Too many people spend money they haven’t earned, to buy things they can’t afford on expensive credit cards they can’t pay back!   Join my Money Tips 365 Supporters Club on Spot

Money Tips 365 Day 4 - Patience!   Practice patience.   Join my Money Tips 365 Supporters Club on Spotify: - https://podcasters.spotify.com/pod/show/charles-kelly/subscribe   Have the patience to save for something special, rather than buying it on a credit card.   Be patient with your investments and give them time to grow, just like planting seeds.   Be patient and take the long-term perspective for your investing journey.   Successful people take a long-term perspective and realise that they have to pay the price for success.   Unsuccessful people invariably “want it now”, are not prepared to take pay the price and give up too easily.   They don’t want to take the time to learn or study and work hard.   They go into debt to buy consumer goods rather than save for them.    Too many people spend money they haven’t earned, to buy things they can’t afford on expensive credit cards they can’t pay back!   Join my Money Tips 365 Supporters Club on Spotify: - https://podcasters.spotify.com/pod/show/charles

Money Tips 365 Day 3 - Start!   Get started!   Join my Money Tips 365 Supporters Club on Spotify: - https://podcasters.spotify.com/pod/show/charles-kelly/subscribe   Start early and save as much as you can in order to allow compound growth and interest to work in your favour.    Watch video version - https://youtu.be/lVUv0oJDLbI   The sooner you start saving, the more money you can accumulate over time using the power of compound interest.    Delay in the start by five years could as much as halve the value of your retirement fund.   If you can join an employer sponsored pension scheme, this will work to your advantage as the employer will also contribute to your pension.   Most pensions have favourable tax advantages which can increase the value of your pension fund.    There are other forms of medium to long-term tax efficient saving schemes. Always take independent financial advice before investing.    When investing, use the tax breaks offered by your government.    In my supporter content, I will

Money Tips 365 Day 3 - Start!   Get started!   Join my Money Tips 365 Supporters Club on Spotify: - https://podcasters.spotify.com/pod/show/charles-kelly/subscribe   Start early and save as much as you can in order to allow compound growth and interest to work in your favour.    The sooner you start saving, the more money you can accumulate over time using the power of compound interest.    Delay in the start by five years could as much as halve the value of your retirement fund.   If you can join an employer sponsored pension scheme, this will work to your advantage as the employer will also contribute to your pension.   Most pensions have favourable tax advantages which can increase the value of your pension fund.    There are other forms of medium to long-term tax efficient saving schemes. Always take independent financial advice before investing.    When investing, use the tax breaks offered by your government.    In my supporter content, I will be going into more depth about where to invest for t

Money Tips 365 Day 2 – Save It’s not how much you earn that counts, it’s how much you keep that makes you wealthy.   The average person can build wealth without a high income, but you cannot build wealth without a high savings rate.   We cannot easily control the return on investment, but we can easily control our rate of savings.   I’ve known many clients on average incomes become wealthy, but many more on high incomes end up broke.    Get into the habit of living on a percentage of your income for life’s essentials, and saving and investing the rest to build wealth.   The wealth that you accumulate through your savings efforts will be what is left over after you’ve spent the rest on living.    Exercises for today   Start with what you can get started, and from the habit of saving a percentage of your income.    What percentage of your income do you save right now?     How much can you start saving right now?   Save for short-term emergencies, medium-term goals and retirement.   Join my Money Tips

Money Tips 365 Day 2 – Save It’s not how much you earn that counts, it’s how much you keep that makes you wealthy.   The average person can build wealth without a high income, but you cannot build wealth without a high savings rate.   We cannot easily control the return on investment, but we can easily control our rate of savings.   I’ve known many clients on average incomes become wealthy, but many more on high incomes end up broke.    Get into the habit of living on a percentage of your income for life’s essentials, and saving and investing the rest to build wealth.   The wealth that you accumulate through your savings efforts will be what is left over after you’ve spent the rest on living.    Exercises for today   Start with what you can get started, and from the habit of saving a percentage of your income.    What percentage of your income do you save right now?     How much can you start saving right now?   Save for short-term emergencies, medium-term goals and retirement.   Join my Money Tips

Money Tips 365 Day 1 – Live Within Your Means Starting March 2024, each day I will be recording a short daily money tip - each day for 365 days.   You’ll be able to find these tips, wherever you listen to your podcast, as well as my YouTube channel Charles Kelly money tips podcast.   This episode is exclusive, more in depth exclusive content for my supporters on Spotify.   Live within your means.   The fastest way to go broke is to spend money you don’t have, buying things you don’t need, to impress people you don’t like and who don’t give a damn about you!   Look, I get it! We live in a consumer led economy where big business and the government need us to spend money to grow the GDP. But that doesn’t mean you have to spend money you don’t have.   When singer Rihanna almost went bankrupt, after earning millions and then spending it, she sued her financial advisor who responded:   “Was it really necessary to tell her that if you spend money on things, you will end up with the things and not the money”.   

Money Tips 365 Day 1 – Live Within Your Means Starting March 2024, each day I will be recording a short daily money tip - each day for 365 days.   You’ll be able to find these tips, wherever you listen to your podcast, as well as my YouTube channel Charles Kelly money tips podcast.   This episode is exclusive, more in depth exclusive content for my supporters on Spotify.   Live within your means.   The fastest way to go broke is to spend money you don’t have, buying things you don’t need, to impress people you don’t like and who don’t give a damn about you!   Look, I get it! We live in a consumer led economy where big business and the government need us to spend money to grow the GDP. But that doesn’t mean you have to spend money you don’t have.   When singer Rihanna almost went bankrupt, after earning millions and then spending it, she sued her financial advisor who responded:   “Was it really necessary to tell her that if you spend money on things, you will end up with the things and not the money”.   

Money Tips 365 - Day 1 – Live Within Your Means Starting March 2024, I will be recording a short daily money tip - each day for 365 days.   You’ll be able to find these tips, wherever you listen to your podcast, as well as my YouTube channel Charles Kelly money tips podcast.   For those of you who want more in depth exclusive content, I will also be producing a more detailed money tip for my paid supporter subscribers on Spotify.   For just £4.99 per month you can access exclusive content for my Money Tips supporters.   You can register to become a supporter on my Spotify channel clickig the link: ⁠⁠https://podcasters.spotify.com/pod/show/charles-kelly/subscribe⁠⁠⁠ Day 1 - Live within your means.   The fastest way to go broke is to spend money you don’t have, buying things you don’t need, to impress people you don’t like and who don’t give a damn about you!   Look, I get it! We live in a consumer led economy where big business and the government need us to spend money to grow the GDP. But that doesn’t m

Money Tips 365 - Day 1 – Live Within Your Means Starting March 2024, I will be recording a short daily money tip - each day for 365 days.   You’ll be able to find these tips, wherever you listen to your podcast, as well as my YouTube channel Charles Kelly money tips podcast.   For those of you who want more in depth exclusive content, I will also be producing a more detailed money tip for my paid supporter subscribers on Spotify.   For just £4.99 per month you can access exclusive content for my Money Tips supporters.   You can register to become a supporter on my Spotify channel clickig the link: ⁠https://podcasters.spotify.com/pod/show/charles-kelly/subscribe⁠⁠ Day 1 - Live within your means.   The fastest way to go broke is to spend money you don’t have, buying things you don’t need, to impress people you don’t like and who don’t give a damn about you!   Look, I get it! We live in a consumer led economy where big business and the government need us to spend money to grow the GDP. But that doesn’t mea