The Savvy Wallet Podcast

• EP. 161 - UK’s First ISA Millionaire: How I Turned £657 a Month into £1M+ (My Exact Strategy Revealed!) ft. Lord John Lee

  In this week's episode we have Lord John Lee, a House of Lords member, former MP, a Stock Market Investor with over 60 years of experience and author of the book “How To Make A Million Slowly Guiding Principles From A Lifetime of Investing”. In this episode we discuss: - Lessons John has learnt from 60 years of investing - How he became the UK's First ISA Millionaire in 2003 - The strategy he used to build his portfolio to £1 million+ - How he achieved an average annual return of 21% - How you can build a £1 million portfolio too - How to stay patient during stock market crashes and much more Connect with Lord John Lee: Lee and the IC on Youtube Lee and the IC website Grab John's books - How To make A Million Slowly: https://amzn.to/41jJRdv - Yummi Yoghurt: A First Taste of Stock Market Investment: https://amzn.to/4hYKwbv 📩 Sign up to my mailing list to be the first to know about upcoming events: http://eepurl.com/hJEcLL 🤝 Sponsor Tide - Earn 3.81% AER Variable on your business savings here: https://glnk.io/91954/ato8fr You'll get a free £100 when you use the code ‘SAVVYWALLETQ1’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply. New Tide members receive a 0.77% AER boost on the standard 3.04% AER on unlimited balances until 01/06/25, after that the standard rate applies with no interest earned on balances over £75,000. Rates correct as of 06/02/2025. Terms and conditions apply. Visit tide.co/savings for up to date rates. ➡️ Follow Savvy Wallet on: Instagram: https://www.instagram.com/savvywallet TikTok: https://www.tiktok.com/@savvywallet 🤝Partners Check out our partners who offer Stocks and Shares ISA and more: ⚡️Trading 212⚡️(The investing platform I use) Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: https://www.trading212.com/join/SAVVY If you don't get the free share automatically after depositing £1. Use the code "SAVVY" in the promo code box. You can use this code for up to 10 days after opening the account. When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply. ⚡️Hargreaves Lansdown ⚡️ http://hl.7eer.net/B0mz50 Capital at risk ⚡️Interactive Investor ⚡️ https://prf.hn/click/camref:1101l3RTLM/ar:SW Capital at risk Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. TIMESTAMPS 0:00 - Preview 1:05 - Intro 1:40 - Meet UK’s First ISA Millionaire Lord John Lee 8:51 - What inspired me to start investing in 1958  12:23 - What I now realise about investing  20:07 - Tide Ad 21:31 - Turning point that helped me become a better investor 26:13 - How build a £1 million portfolio with £126,200 over 16 years  33:28 - Other key factors to fuel growth to £1 million 36:24 - Why I invest in UK smaller companies but not startup companies 42:10 - My best performing investments  48:01 - How I achieved an Annual Average Return of 20% 56:11 - Does Lord John Lee’s investing strategy still work today? 59:34 - Why I invested in stocks and not funds  1:01:35 - How I stayed patient during stock market crashes  1:04:41 - Was Lord John Lee tempted to sell once he hit £1 million ? 1:06:08 - Did my strategy change when I reached £1 million 1:08:43 - Two companies I’m currently invested in 1:12:51 - Sectors that could be good in the next 5-10 years  1:15:25 - How to start your journey to a £1 million investment portfolio 1:18:20 - Why there’s such few ISA Millionaires in the UK  1:19:45 - Why it’s important to invest  1:22:08 - Lessons from 60 years in investing  1:23:55 - John’s Investment books 1:27:19 - Final words Learn more about your ad choices. Visit megaphone.fm/adchoices

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• EP. 160 - Ex-Recruiter: Why You’re Not Getting Hired! The Exact Formula for Landing Your Dream Job! ft. Amie Touray

  In this week's episode we have ex-recruiter and proposal manager Amie Touray who is a former pharmaceutical recruiter where she helped job seekers land roles in the industry. She is now a proposal manager in clinical research and the founder of For My Interview. In this episode we discuss - Why the Job market in the UK and globally is so tough - How to effectively prepare for an interview - Using the SELL method to stand out in an interview - Behaviours of the best and worst interviewers - How to ask for the salary you want and much more! Connect with Amie: https://www.tiktok.com/@formyinterview https://www.instagram.com/formyinterview 📩 Sign up to my mailing list to be the first to know about upcoming events: http://eepurl.com/hJEcLL 🤝 Sponsor Tide - Earn 3.81% AER Variable on your business savings here: https://glnk.io/91954/ato8fr You'll get a free £100 when you use the code ‘SAVVYWALLETQ1’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply. New Tide members receive a 0.77% AER boost on the standard 3.04% AER on unlimited balances until 01/06/25, after that the standard rate applies with no interest earned on balances over £75,000. Rates correct as of 06/02/2025. Terms and conditions apply. Visit tide.co/savings for up to date rates. ➡️ Follow Savvy Wallet on: Instagram: https://www.instagram.com/savvywallet TikTok: https://www.tiktok.com/@savvywallet 🤝Partners Check out our partners who offer Stocks and Shares ISA and more: ⚡️Trading 212⚡️(The investing platform I use) Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: https://www.trading212.com/join/SAVVY If you don't get the free share automatically after depositing £1. Use the code "SAVVY" in the promo code box. You can use this code for up to 10 days after opening the account. When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply. ⚡️Hargreaves Lansdown ⚡️ http://hl.7eer.net/B0mz50 Capital at risk ⚡️Interactive Investor ⚡️ https://prf.hn/click/camref:1101l3RTLM/ar:SW Capital at risk Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. TIMESTAMPS 0:00 - Preview 1:22 -Intro 1:57 - Meet Interview Expert & Proposal Manager Amie 4:30 - Lessons from working in recruitment  14:41 - What are the different types of interview formats 17:38 - Tide Ad 19:02 - How to prepare effectively for an interview (Using the SELL method) 27:55 - How to get better at interviewing?  32:38 - Behaviours of the best and worst interviewers  36:39 - How to figure out what the employers are looking for 42:00 - How to stand out in your next interview  51:04 - 3 things to do and not to do in every interview 55:37 - How prepare for a job where you don’t have any experience 1:02:26 - Behavioural question 1: How to answer: “How would you describe yourself” 1:06:22 - Behavioural question 2: How to answer: “What’s your greatest weakness 1:12:15 - Why’s it so tough to get a job right now? 1:20:42 - Salary: Rules for asking for what you really want?  1:30:10 - How to pass your probation  1:33:12 - What to do if you’re not successful in your interviews? 1:36:41 - Final Words Learn more about your ad choices. Visit megaphone.fm/adchoices

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• EP. 159 - Financial Advisor: Your UK Pension Won’t Be Enough If You Do This! ft. Pete Matthew (Meaningful Money)

  In this episode we have Pete Matthew a 27-year veteran Chartered Financial Planner and the creator of Meaningful Money where he has developed over 600 videos and 550 podcast episodes, helping countless people understand how money works and how to make it work for them and he's the author of "The Meaningful Money Handbook". In this episode we discuss: - Stocks and Shares ISA vs Workplace Pensions v SIPPs - How to much money you need in your pension to retire - What to invest in your pension - Living now vs investing in your pension - How to avoid the UK Pension crisis and much more Connect with Pete: https://www.youtube.com/@MeaningfulMoney https://meaningfulmoney.tv/ 📩 Sign up to my mailing list to be the first to know about upcoming events: http://eepurl.com/hJEcLL 🤝 Sponsor Yesim - Get €5 off any plan with my code: savvy5 https://bit.ly/41OAO6i Tide - Earn 3.81% AER Variable on your business savings here: https://glnk.io/91954/ato8fr You'll get a free £100 when you use the code ‘SAVVYWALLETQ1’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply. New Tide members receive a 0.77% AER boost on the standard 3.04% AER on unlimited balances until 01/06/25, after that the standard rate applies with no interest earned on balances over £75,000. Rates correct as of 06/02/2025. Terms and conditions apply. Visit tide.co/savings for up to date rates. Invoice Home - Create a FREE invoice with hundreds of templates here: https://invoicehome.com/to/savvy-wallet-audio ➡️ Follow Savvy Wallet on: Instagram: https://www.instagram.com/savvywallet TikTok: https://www.tiktok.com/@savvywallet 🤝Partners Check out our partners who offer Stocks and Shares ISA and more: ⚡️Trading 212⚡️(The investing platform I use) Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: https://www.trading212.com/join/SAVVY If you don't get the free share automatically after depositing £1. Use the code "SAVVY" in the promo code box. You can use this code for up to 10 days after opening the account. When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply. ⚡️Hargreaves Lansdown ⚡️ http://hl.7eer.net/B0mz50 Capital at risk ⚡️Interactive Investor ⚡️ https://prf.hn/click/camref:1101l3RTLM/ar:SW Capital at risk Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. 00:00 - Preview 01:19 - Intro 01:55 - Meet Chartered Financial Planner Pete Matthews 05:44 - Money advice that changed my life  10:56 - Yesim Ad 12:01 - Why pensions are so powerful 18:30 - How does money in a pension grow 21:51 - Tide Ad 23:16 - Cons of putting money into a pension  27:53 - What’s the difference between a stocks and shares ISA and Pensions 30:08 - The amount you can put into a pension without getting taxed 34:57 - Invoice Home ad 35:57 - What’s a Self Invested Personal Pensions (SIPP) ?  38:08 - This is the problem with a workplace pension… 39:10 - Why you need to contribute to your pensions 39:59 - What investments should you have in your pension? 48:39 - How does your investing strategy change approaching retirement? 58:20 - Example: How much pension would A 35 year old with a £37k salary get? 01:05:25 - How to figure out how much you need when retired? 01:08:39 - How to reduce tax with a pension if you’re self-employed  01:12:06 - Why is it important to invest early in your pension  01:15:54 - How to balance living for now vs investing in your pension 01:18:58 - How to minimise your pensions fees  01:22:26 - You don’t need more than one pension pot 01:25:38 - UK Pension Crisis 01:30:30 - What to consider aside from pension 01:37:46 - Budget changes for the pension 01:42:22 - Pete’s Pension book 01:44:26 - Final Words Learn more about your ad choices. Visit megaphone.fm/adchoices

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• EP. 158 - Money Experts: The Truth About Financial Freedom in the UK! ft. The Humble Penny

  In this episode we have Ken and Mary Okoroafor, founders of award winning companies “The Humble Penny” and “Financial Joy Academy”, they are financial coaches, best selling author of the book “Financial Joy, a 10-week plan to help you banish debt, grow your money and unlock financial freedom” and international speakers. In this episode we discuss: - The importance of winning back some of your freedom - Unconventional activities Ken and Mary did to achieve financial freedom - The importance of stewarding every part of your money - A framework for pursuing financial freedom - Is the financial situation in the UK as bad as it seems - Whether you can still become financial free in the UK and much more Connect with Ken and Mary: https://thehumblepenny.com https://www.youtube.com/thehumblepenny Grab a copy of Ken and Mary’s book “Financial Joy” here: https://amzn.to/4gxvRm4 📩 Sign up to my mailing list to be the first to know about upcoming events: http://eepurl.com/hJEcLL 🤝Sponsor Tide - Earn 3.81% AER Variable on your business savings here: https://glnk.io/91954/ato8fr You'll get a free £100 when you use the code ‘SAVVYWALLETQ1’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply. New Tide members receive a 0.77% AER boost on the standard 3.04% AER on unlimited balances until 01/06/25, after that the standard rate applies with no interest earned on balances over £75,000. Rates correct as of 06/02/2025. Terms and conditions apply. Visit tide.co/savings for up to date rates. ➡️ Follow Savvy Wallet on: Instagram: https://www.instagram.com/savvywallet TikTok: https://www.tiktok.com/@savvywallet 🤝Partners Yesim - Get €5 off any plan with my code "savvy5" https://bit.ly/41OAO6i Check out our partners who offer Stocks and Shares ISA and more: ⚡️Trading 212⚡️(The investing platform I use) Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: https://www.trading212.com/join/SAVVY If you don't get the free share automatically after depositing £1. Use the code "SAVVY" in the promo code box. You can use this code for up to 10 days after opening the account. When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply. ⚡️Hargreaves Lansdown ⚡️ http://hl.7eer.net/B0mz50 Capital at risk ⚡️Interactive Investor ⚡️ https://prf.hn/click/camref:1101l3RTLM/ar:SW Capital at risk Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. TIMESTAMPS 0:00 - Savvy Wallet Ad 0:18 - Preview 1:21 - Intro 1:55 - Meet Ken & Mary from The Humble Penny 5:37 - What most people don’t know about Ken and Mary 9:00 - Tide Ad 10:35 - Why we pursued financial freedom  17:29 - Anticipation is necessary to manage money 18:52 - What does financial freedom mean to The Humble Penny 22:32 - My workplace wanted to own all of my time 24:46 - How we achieved financial freedom?   27:08 - The POST framework  29:41 - From cleaner to Chief Financial Officer!  37:08 - Why 95% of people won’t achieve financial freedom 39:21 - You have to be obsessed to achieve financial freedom 45:58 - Every pound has a value! 49:59 - Impact of a successful marriage  53:28 - Practical tips for discussing money in a couple 58:04 - Is the financial situation in the UK as bad as it seems? 1:06:52 - Is financial freedom still possible in the UK?  1:09:02 - Becoming a Millionaire from investing  1:16:38 - You need to do unconventional things to achieve wealth  1:20:31 - Define what your financial joy is  1:22:25 - What inspired us to create our book Financial Joy 1:26:31 - Final words Learn more about your ad choices. Visit megaphone.fm/adchoices

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  1:34:07
• EP. 157 - Finance Author: You Won't Build True Wealth If You’re Doing This! ft. Sahil Bloom

  In this episode we have Sahil Bloom is an inspirational writer providing actionable ideas to help people build a high performing, healthy, wealthy life. He’s also the author of the book "The 5 Types of Wealth" In this episode we discuss: - How we're playing the wrong wealth building game - Working smart vs working hard - The 5 types of wealth - How to define your 'enough' life - The dangers of just pursuing financial wealth - How to change your life in a year and much more! 🔗 Connect with Sahil: https://www.sahilbloom.com https://www.instagram.com/sahilbloom Grab a copy of Sahil's book "The 5 Types Of Wealth" here: https://amzn.to/3PYtmyj 📩 Sign up to my mailing list to be the first to know about upcoming events: http://eepurl.com/hJEcLL 🤝Sponsor Tide - Earn 3.81% AER Variable on your business savings here: https://glnk.io/91954/ato8fr You'll get a free £100 when you use the code ‘SAVVYWALLETQ1’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply. New Tide members receive a 0.77% AER boost on the standard 3.04% AER on unlimited balances until 01/06/25, after that the standard rate applies with no interest earned on balances over £75,000. Rates correct as of 06/02/2025. Terms and conditions apply. Visit tide.co/savings for up to date rates. ➡️ Follow Savvy Wallet on: Instagram: https://www.instagram.com/savvywallet TikTok: https://www.tiktok.com/@savvywallet 🤝Partners Yesim - Get €5 off any plan with my code "savvy5" https://bit.ly/41OAO6i Check out our partners who offer Stocks and Shares ISA and more: ⚡️Trading 212⚡️(The investing platform I use) Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: https://www.trading212.com/join/SAVVY If you don't get the free share automatically after depositing £1. Use the code "SAVVY" in the promo code box. You can use this code for up to 10 days after opening the account. When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply. ⚡️Hargreaves Lansdown ⚡️ http://hl.7eer.net/B0mz50 Capital at risk ⚡️Interactive Investor ⚡️ https://prf.hn/click/camref:1101l3RTLM/ar:SW Capital at risk Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. TIMESTAMPS 00:00 - Savvy Wallet Ad 00:18 - Preview 01:39 - Intro 02:14 - Meet Sahil Bloom 05:15 - A lot of success is based on assumptions  08:12 - Tide Ad 09:47 - Growing up in Boston, USA 13:11 - I made millions and still wasn’t fulfilled  15:21 - The moment I knew I had to change my life 17:47 - Anyone can change their life in a year!  21:59 - When you’re young you can’t work smart!  26:35 - How to change your life in a year  30:16 - What are the five types of wealth  31:51 - How to define your “enough” life  34:04 - How to stop people impacting your expectations  37:56 - How your expectations are a liability  43:01 - How to develop your financial wealth  48:57 - Salesmanship is the most important  51:32 - The 3 pillars of financial wealth 56:26 - The dangers of pursuing just financial wealth  57:22 - How to use financial wealth to build the other 4 types of wealth 01:01:30 - The importance of investing in assets 01:04:43 - Lessons from best selling book: “Just Keep Buying”  01:06:30 - How much should you allocate to your investments  01:09:53 - The biggest investment you can make is yourself!  01:14:17 - Lessons from working in venture capital 01:19:02 - The five types of wealth book 01:21:41 - This one wisdom changed my life 01:23:17 - Final words Learn more about your ad choices. Visit megaphone.fm/adchoices

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