In this week's episode Damien provides some technical analysis on the FTSE 100 and the GBP/USD exchange rate, explaining where both might head next and how you can carry out your own research for free. Damien also talks about a major credit card provider's change to the minimum payments on its credit cards, including the potential impact it could have on your debt and what you can do to avoid it. Finally, Andy explains why it might be worth considering a number of smaller mobile phone providers over the big four mobile networks.   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show. Support the podcast You can now support the MTTM podcast by visiting our dedicated podcast page when making any financial decision.   You 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 show

Resources:

Links referred to in the podcast:

• Check out the podcast article to view the FTSE and GBP vs USD images
• See the climate projects that Money to the Masses is currently supporting
• Barclaycard to cut minimum payment on all credit cards
• Best credit cards in the UK
• Best and worst mobile phone providers - Which? research
• Compare the best mobile phone providers for roaming abroad
• Sign up for the Money to the Masses newsletter
• Join the MTTM Community group

In this week's episode I explain the possible reasons behind the significant increase in the price of gold in recent months. I also reveal how a conversation with my daughter led to me explaining how compound interest works and her excitement at discovering how saving small regular amounts from a young age can lead to significant wealth over time. Finally, Andy explains how taxable benefits work and the importance of checking your tax code.   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show. Support the podcast You can now support the MTTM podcast by visiting our dedicated podcast page when making any financial decision.   You 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 show

Resources:

Links referred to in the podcast:

• MTTM Podcast 120 - Investing in gold
• MTTM Podcast 144 - The truth about gold
• MTTM Podcast 317 - Bitcoin vs Gold
• MTTM Podcast 416 - Investing in gold & its outlook
• The Money to the Masses Investment Calculator
• How to become a millionnaire
• Check your tax code for this tax year
• Check your tax code for previous tax years
• Contact HMRC if you have a tax query
• Sign up for the Money to the Masses newsletter
• Join the MTTM Community group

Welcome to Damien's Market Update for April 2024.

Every month Damien will be dissecting the market and providing you with his own unique take on what it may mean for you and your investments.

Subscribe now for your monthly insight into the Global Investment Markets. 

Remember, you can also watch Damien deliver his monthly insights on our Youtube channel

Damien and Andy make an important announcement about the future of the Money to the Masses podcast.   You can now support the MTTM podcast by visiting our dedicated podcast page when making any financial decision.   You 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 show

 

On this week's episode Damien looks at the launch of the new NS&I British Savings Bond. How does it work, who is eligible and is it any good? Damien and Andy then explain the new rules that have come into force allowing parents of children as young as 2 years old to get 15 hours of free childcare a week. Finally, Damien discusses the Loud budgeting phenomenon that has taken social media by storm.   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show. Support the show:

Check out the latest cashback deals:

• Best ISA cashback offers and fee-free deals 
• Best pension cashback offers and fee-free deals
• Download the JamDoughnut Cashback app* - Use referral code MTTM to get a £5 welcome bonus

Resources:

• NS&I launches new British Savings Bonds - Are they any good?
• Best Savings Accounts in the UK
• Build a cash savings ladder
• How to apply for 15 hours of free childcare for 2-year-olds
• How does tax-free childcare work?
• Best Savings Accounts in the UK
• Sign up for the Money to the Masses newsletter

 

 

If 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. But as you can clearly see this has in no way influenced the above editorial. The following links can be used if you do not wish to help Money to the Masses or take advantage of the exclusive Money to the Masses offers - Jam Doughnut App

On this week's show we discuss the Best Stocks and Shares ISA for different types of investor. We also analyse whether our Perfect ISA Portfolio has maintained its track record of making money in every tax year since the year 2000. Finally, we explain how you can get paid to use energy thanks to a particular energy tariff and something called plunge pricing.   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show.   Watch the roundup of the Best Stocks and Shares ISAs in 2024

• Best Stocks and Shares ISAs 2024

Support the show:

Check out the latest cashback deals:

• Best ISA cashback offers and fee-free deals 
• Best pension cashback offers and fee-free deals
• Download the JamDoughnut Cashback app* - Use referral code MTTM to get a £5 welcome bonus

Resources:

• Best Stocks and Shares ISAs 2024
• Agile Octopus Tariff review
• Octopus Tracker Tariff review
• 80-20 Investor

 

 

If 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. But as you can clearly see this has in no way influenced the above editorial. The following links can be used if you do not wish to help Money to the Masses or take advantage of the exclusive Money to the Masses offers - Jam Doughnut App

On this week's show, Damien delves into how you could unexpectedly face thousands of pounds in charges for a 'courtesy' car provided by your car insurance following a claim—even if it is included as a free benefit in your policy. Damien and Andy then discuss the increasing complaints about loans that have been mis-sold, explaining what constitutes a mis-sold loan and how you can file a complaint (and potentially claim compensation) without the need for a claims management company. Finally, shares his essential end-of-tax-year checklist.   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show. Support the show:

Check out the latest cashback deals:

• Best ISA cashback offers and fee-free deals 
• Best pension cashback offers and fee-free deals
• Download the JamDoughnut Cashback app* - Use referral code MTTM to get a £5 welcome bonus

Resources:

• Pension needed in retirement rises in 2024
• Analysis by Pensions & Lifetime Savings Association
• MTTM - Ep 372 - Retirement Spending Truths
• 7 tips on how to boost your state pension
• HSBC launches £220 switching offer
• Best bank account switching offers
• Chase changes 1% cashback rules
• 80-20 Investor

 

 

If 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. But as you can clearly see this has in no way influenced the above editorial. The following links can be used if you do not wish to help Money to the Masses or take advantage of the exclusive Money to the Masses offers - Jam Doughnut App

Welcome to Damien's Market Update for March 2024.

Every month Damien will be dissecting the market and providing you with his own unique take on what it may mean for you and your investments.

Subscribe now for your monthly insight into the Global Investment Markets. 

Remember, you can also watch Damien deliver his monthly insights on our Youtube channel

On this week’s episode Damien discusses how much annual income you need to have the retirement you want. Damien also explains the pros and cons of deferring your state pension. Finally, Damiena nd Andy reveal an emerging trend in the latest bank switching offers.   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show. Support the show:

Check out the latest cashback deals:

• Best ISA cashback offers and fee-free deals 
• Best pension cashback offers and fee-free deals
• Download the JamDoughnut Cashback app* - Use referral code MTTM to get a £5 welcome bonus

Resources:

• Pension needed in retirement rises in 2024
• Analysis by Pensions & Lifetime Savings Association
• MTTM - Ep 372 - Retirement Spending Truths
• 7 tips on how to boost your state pension
• HSBC launches £220 switching offer
• Best bank account switching offers
• Chase changes 1% cashback rules
• 80-20 Investor

 

 

If 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. But as you can clearly see this has in no way influenced the above editorial. The following links can be used if you do not wish to help Money to the Masses or take advantage of the exclusive Money to the Masses offers - Jam Doughnut App

On this week's podcast Damien and Andy analyse what was and wasn't announced in this week's Spring Budget and what it means for your finances.   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show. Support the show:

Check out the latest cashback deals:

• Best ISA cashback offers and fee-free deals 
• Best pension cashback offers and fee-free deals
• Download the JamDoughnut Cashback app* - Use referral code MTTM to get a £5 welcome bonus

Resources:

• Spring Budget 2024 Summary - How will it impact you?
• New National Insurance cuts
• UK ISA announced - How will the 'British ISA' work?
• Income threshold for Child Benefit tax increased to £60,000
• Start or restart Child Benefit payments
• Spring Budget in full from GOV.UK
• 80-20 Investor

 

If 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. But as you can clearly see this has in no way influenced the above editorial. The following links can be used if you do not wish to help Money to the Masses or take advantage of the exclusive Money to the Masses offers - Jam Doughnut App

On this week's show, we discuss the new Rate Reducer Scheme which could cut a new-build buyer's mortgage rate down to as low as 0.99%. We also discuss the income fund opportunities for those looking to build a portfolio that generates an income to keep pace with inflation. Finally, I explain the Japanese method of saving money as well as the benefits of financial journalling.   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show. Support the show:

Check out the latest cashback deals:

• Best ISA cashback offers and fee-free deals 
• Best pension cashback offers and fee-free deals
• Download the JamDoughnut Cashback app* - Use referral code MTTM to get a £5 welcome bonus

Resources:

• Rate reducer scheme
• 80-20 Investor

 

If 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. But as you can clearly see this has in no way influenced the above editorial. The following links can be used if you do not wish to help Money to the Masses or take advantage of the exclusive Money to the Masses offers - Jam Doughnut App,