The Money To The Masses Podcast

• Ep 494 - Improve your odds of getting a mortgage, maximising pension income & energy price hack

  On this week's episode, we explain how to improve your chances of getting a mortgage. Then, we look at how you can maximise your retirement income by using a combination of annuities and drawdown. Finally, Andy highlights three websites that can help predict upcoming changes to the energy price cap before revealing that it's not too late to fix your energy tariff and avoid the likely price increases.Thank you to our sponsor LightyearThis show is sponsored by Lightyear - https://moneytothemasses.com/redir/lightyear-isa-pod, a new, straightforward platform offering a Stocks & Shares ISA. With no account, subscription or custody fees, Lightyear’s Stocks & Shares (S&S) ISA will be 10 times cheaper than the average market provider over 10 years (based on research conducted by Capital Economics) and its Cash ISA offers easy access to the Bank of England base rate. Both accounts are flexible, so you can withdraw and re-invest without affecting your annual limit. Capital is at risk and ISA rules apply. Other fees - like foreign exchange fees - may apply. Lightyear UK Ltd is authorised and regulated by the Financial Conduct AuthorityWatch the whole show on YouTube ⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠:Check out this week's ⁠⁠⁠⁠⁠⁠⁠⁠⁠podcast article ⁠⁠⁠⁠⁠⁠⁠⁠⁠on the MTTM website to see the full list of resources from this week's show.00:00 - Podcast Episode 49403:31 - Mortgage Preparation and Tips05:17 - Understanding Credit Reports08:07 - Managing Debt and Financial Health09:25 - Understanding Debt to Income Ratio10:15 - The Importance of Credit Utilization11:40 - Managing Old Credit Accounts12:47 - Avoiding New Lines of Credit13:31 - Social Media's Role in Mortgage Applications14:18 - Managing Overdrafts and Direct Debits15:09 - Annual Payments vs Monthly Commitments16:26 - Saving for a Mortgage Deposit17:06 - Understanding Employment History and Mortgages18:20 - Self-Employment and Mortgage Applications20:17 - The Importance of Budgeting21:12 - Working with a Mortgage Advisor22:00 - The Dangers of Misrepresentation22:49 - Maximizing Pension Income31:29 - Understanding Energy Price CapsFollow Money to the Masses on social media:YouTube - ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook - ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.facebook.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram - ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠⁠ Tik Tok - ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.tiktok.com/@moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠⁠You 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 showLinks referred to in the podcast: Speak to a Mortgage Broker* Mortgage Comparison Tool How to find a financial adviser you can trust Energy Price Cap predicted to rise again in April What is the cheapest fixed-price energy tariff Should I fix my energy prices British Gas - Energy price cap prediction EDF - Energy price cap prediction Eon Next Energy price cap prediction

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• Ep 493 - Best investing apps, top banks to switch to & the risks of paying via your banking app

  In this episode Damien provides an in-depth look at the best investment and trading apps for UK investors. He covers a range of scenarios to help listeners/viewers identify the platform that best suits their needs - whether that's a hands-off managed portfolio, a cost-conscious passive approach, or an active stock trading strategy. Next, Andy looks at the latest data from the Current Account Switching Service (CASS). He highlights the key findings, including the total number of switches in the last 12 months, as well as the banks that have seen the highest net gains and losses. Finally, Andy discusses the rising popularity of a payment method being offered by some online retailers - the 'pay by bank app' option, including the pitfalls.Thank you to our sponsor LightyearThis show is sponsored by Lightyear - https://moneytothemasses.com/redir/lightyear-isa-pod, a new, straightforward platform offering a Stocks & Shares ISA. With no account, subscription or custody fees, Lightyear’s Stocks & Shares (S&S) ISA will be 10 times cheaper than the average market provider over 10 years (based on research conducted by Capital Economics) and its Cash ISA offers easy access to the Bank of England base rate. Both accounts are flexible, so you can withdraw and re-invest without affecting your annual limit. Capital is at risk and ISA rules apply. Other fees - like foreign exchange fees - may apply. Lightyear UK Ltd is authorised and regulated by the Financial Conduct AuthorityWatch the whole show on YouTube⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠:Check out this week's ⁠⁠⁠⁠⁠⁠⁠⁠podcast article ⁠⁠⁠⁠⁠⁠⁠⁠on the MTTM website to see the full list of resources from this week's show.00:00 - Introduction to Episode 49301:30 - Interest Rate cut by 0.25% 02:37 - Best Investing and Trading Apps Overview03:48 - Checklist for Choosing Investment Apps05:15 - Investment Scenarios for Different Investor Types10:28 - Best Investing App for Hands-Off Investors and Managed Portfolios12:56 - Best Investing App for Cost-Conscious Passive Investors15:56 - Best Investing App for Socially Conscious Investors16:47 - Best Investing App for Active Stock Traders18:35 - Best Investing App for Investing in Lifetime ISAs19:16 - Best Investing App for Automating Savings and Investments21:03 - Understanding CFD Trading Risks21:28 - The Importance of Research in Investing Platforms22:10 - Current Account Switching Service Overview22:53 - Analysing Bank Switching Trends24:28 - Consumer Protection when paying onlineFollow Money to the Masses on social media:YouTube - ⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠Facebook - ⁠⁠⁠⁠⁠⁠⁠⁠https://www.facebook.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠Instagram - ⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠ Tik Tok - ⁠⁠⁠⁠⁠⁠⁠⁠https://www.tiktok.com/@moneytothemasses⁠⁠⁠⁠⁠⁠⁠⁠You 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 showLinks referred to in the podcast:Interactive Investor reviewInvestEngine reviewAJ Bell Dodl reviewFreetrade reviewMoneyfarm reviewWealthify reviewNutmeg reviewLightyear reviewBest investing apps in the UKCheck out all our investing reviewsLatest bank switch dataBest bank account switching offers

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• Ep 492 - Investors' behavioural biases, crowdfunding and financial planning week

  On this week's episode, Damien discusses seven of the main behavioural biases that can affect your investment decision making and hurt your investment returns. Damien also explores crowdfunding, the potential rewards, risks and examples of crowdfunding successes and failures. Finally, Andy looks at financial planning week and the free tools and advice that are available for those wanting to sort their finances. Thank you to our sponsor Lightyear This show is sponsored by ⁠Lightyear⁠, a new, straightforward platform offering a Stocks & Shares ISA. With no account, subscription or custody fees, Lightyear’s Stocks & Shares (S&S) ISA will be 10 times cheaper than the average market provider over 10 years (based on research conducted by Capital Economics) and its Cash ISA offers easy access to the Bank of England base rate. Both accounts are flexible, so you can withdraw and re-invest without affecting your annual limit. Capital is at risk and ISA rules apply. Other fees - like foreign exchange fees - may apply. Lightyear UK Ltd is authorised and regulated by the Financial Conduct Authority Watch the whole show on YouTube ⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠: Check out this week's ⁠⁠⁠⁠⁠⁠⁠podcast article ⁠⁠⁠⁠⁠⁠⁠on the MTTM website to see the full list of resources from this week's show. 00:00 - Celebrating 15 Years of Money to the Masses 02:43 - Understanding Behavioral Biases in Investing 19:46 - Mitigating Investment Biases for Better Decisions 20:13 - Understanding Crowdfunding: An Overview 21:02 - Types of Crowdfunding Explained 23:27 - How Crowdfunding Works 24:05 - Potential Rewards of Crowdfunding 25:40 - Risks Involved in Crowdfunding 28:03 - Behavioural Biases in Crowdfunding 30:28 - Final Thoughts on Crowdfunding 30:44 - Financial Planning Week Overview 31:00 - Get a Free Financial Review Follow Money to the Masses on social media: YouTube - ⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠ Facebook - ⁠⁠⁠⁠⁠⁠⁠https://www.facebook.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠ Instagram - ⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/moneytothemasses⁠⁠⁠⁠⁠⁠⁠  Tik Tok - ⁠⁠⁠⁠⁠⁠⁠https://www.tiktok.com/@moneytothemasses⁠⁠⁠⁠⁠⁠⁠ 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 Links referred to in the podcast: Can you solve this (YouTube video) Get a FREE Financial Review Get a FREE pension review Financial Planning Week Top 5 alternatives to Vanguard

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  32:59
• Ep 491 - Should you fix your mortgage, best travel insurance checklist, money q's most get wrong

  On this week's episode, Damien discusses whether you should fix your mortgage or take out a tracker mortgage. He then talks about how to find the best travel insurance for you, including what to look for in a policy and some tips to save money. Finally, Andy revisits the 2024 weekly podcast quizzes, revealing which questions listeners struggled with the most Thank you to our sponsor Lightyear This show is sponsored by Lightyear, a new, straightforward platform offering a Stocks & Shares ISA. With no account, subscription or custody fees, Lightyear’s Stocks & Shares (S&S) ISA will be 10 times cheaper than the average market provider over 10 years (based on research conducted by Capital Economics) and its Cash ISA offers easy access to the Bank of England base rate. Both accounts are flexible, so you can withdraw and re-invest without affecting your annual limit. Capital is at risk and ISA rules apply. Other fees - like foreign exchange fees - may apply. Lightyear UK Ltd is authorised and regulated by the Financial Conduct Authority Watch the whole show on YouTube ⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠: Check out this week's ⁠⁠⁠⁠⁠⁠podcast article ⁠⁠⁠⁠⁠⁠on the MTTM website to see the full list of resources from this week's show. 0:00:00 - Money to the Masses Podcast Episode 491 0:03:15 - Mortgage Decision-Making: Fixed vs. Tracker Rates 0:06:39 - How mortgage rates are influenced by the Bank of England base rate 0:09:16 - Bank of England base rate predictions over the next 5 years 0:10:48 - What are the best fixed-rate mortgage rates right now? 0:11:32 - What are the best tracker mortgage rates right now? 0:11:52 - What are the best remortgage rates right now? 0:13:20 - Working out how much a mortgage rate increase will cost you when you remortgage 0:14:48 - Should I fix my mortgage? 0:15:05 - Should I go for a 2 or 5 year fix? 0:16:44 - Pros and cons of going for a fixed-rate mortgage 0:17:00 - Pros and cons of going for a tracker mortgage 0:20:08 - When should you start the process of remortgaging? 0:22:13 - What is travel insurance 0:24:43 - How to compare the best travel insurance policies 0:25:15 - How much travel insurance do you need? 0:30:00 - The best travel insurance policies for 2025 Follow Money to the Masses on social media: YouTube - ⁠⁠⁠⁠⁠⁠https://www.youtube.com/moneytothemasses⁠⁠⁠⁠⁠⁠ Facebook - ⁠⁠⁠⁠⁠⁠https://www.facebook.com/moneytothemasses⁠⁠⁠⁠⁠⁠ Instagram - ⁠⁠⁠⁠⁠⁠https://www.instagram.com/moneytothemasses⁠⁠⁠⁠⁠⁠  Tik Tok - ⁠⁠⁠⁠⁠⁠https://www.tiktok.com/@moneytothemasses⁠⁠⁠⁠⁠⁠ 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 Links referred to in the podcast: ⁠⁠⁠

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• Ep 490 - Turn £100 a month into £37k a year pension, bonds explained & self-assessment check

  In this week's podcast, Damien explains what's going on in bond markets and how rising bond yields could impact your personal finances, including mortgage rates and pension funds. Next, Damien explains how those aged 30, 40 or even 50 with no pension savings, can still build a retirement income equivalent to £37,500 a year (the average UK salary), by saving as little as £100 per month. Finally, with the self-assessment deadline approaching, Andy provides a simple checklist of scenarios that dictate whether a self-assessment tax return is necessary. Watch the whole show on YouTube ⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠: Check out this week's ⁠⁠⁠⁠⁠podcast article ⁠⁠⁠⁠⁠on the MTTM website to see the full list of resources from this week's show. 00:00 - Introduction and Lola's Update 02:47 - Understanding Bond Markets 15:50 - Pensions and Retirement Planning 19:18 - Strategies for Building a Pension at 30 24:39 - Strategies for Building a Pension at 40 26:14 - Strategies for Building a Pension at 50 28:37 - Navigating Self-Assessment Tax Returns Follow Money to the Masses on social media: YouTube - ⁠⁠⁠⁠⁠https://www.youtube.com/moneytothemasses⁠⁠⁠⁠⁠ Facebook - ⁠⁠⁠⁠⁠https://www.facebook.com/moneytothemasses⁠⁠⁠⁠⁠ Instagram - ⁠⁠⁠⁠⁠https://www.instagram.com/moneytothemasses⁠⁠⁠⁠⁠  Tik Tok - ⁠⁠⁠⁠⁠https://www.tiktok.com/@moneytothemasses⁠⁠⁠⁠⁠ 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 Links referred to in the podcast: ⁠ Best mortgage rates in the UK Best questions to ask a mortgage broker Pension Calculator from Moneyhelper Pension Calculator from Hargreaves Lansdown What is auto-enrolment Check if you need to complete a self-assessment tax return Set up a payment plan with HMRC Tips for completing your self-assessment tax return for 2023/24  

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