Ep 505 - Pension transfer tips, 10 common credit myths & SIM swap fraud
In this week's episode, Damien takes an in-depth look at pension transfers. He provides a list of pros and cons, shares the latest research on how long pension transfers take with different providers and finishes up with a guide on how the pension transfer process works. Next, he debunks 10 common credit myths, addressing misconceptions about credit scores, debt management and the impact of making various financial decision. Finally, Andy highlights the alarming rise of SIM swap fraud, explaining how it works, the risks of compromised two-factor authentication and the essential steps you can take to avoid becoming a victim.This episode is sponsored by Coinbase - Visit Coinbase* to learn more. Crypto comes with unique risks, take 2 minutes to learn moreCheck out this week's podcast article on the Money to the Masses website to see the full list of resources from this week's show (00:00) - Episode 505 of The Money to the Masses podcast(04:45) - Pension Transfers(13:26) - 10 popular credit myths(21:12) - Sim Swap fraudFollow 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:Pension Transfer OffersBest Pension in the UKHow to transfer your pension - everything you need to knowHow to find a good financial adviser you can trustTake out a free trial of 80 20 investorIf 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.
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31:00
Ep 504 - Holiday Scams, Tax Code Checks & Direct Debit Warning
On this week's show, Andy highlights seven of the most prevalent holiday scams to watch out for as summer approaches. Next, Damien takes a look at UK tax codes, explaining how they work, what the letters and numbers mean (eg. 1257L), why they can often be incorrect and the steps you can take if you think your code is wrong. Finally, Damien shares a critical warning for those who diligently pay off their credit card in full each month after he discovered a little-known issue that could inadvertently harm your credit score. This episode is sponsored by Coinbase - Visit Coinbase* to learn more. Crypto comes with unique risks, take 2 minutes to learn moreCheck out this week's podcast article on the Money to the Masses website to see the full list of resources from this week's show (00:00) - Episode 504 of The Money to the Masses podcast(04:45) - Holiday Scams: Seven Ways Fraudsters Target Your Getaway(13:26) - Decoding Your Tax Code: Are You Paying the Right Amount?(21:12) - A Word of Warning for Those Who Clear Their Credit Card in FullFollow 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:Best travel insurance providers in the UKEpisode 477 - Ghost BrokersMore information on Tax Codes and how to get them resolvedTake out a free trial of 80 20 investorIf 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.
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31:20
Ep 503 - Cut prescription costs, my 10 year portfolio insights & get an energy refund
On this week's show Damien explains how to cut the cost of prescriptions, particularly for those requiring multiple items or those receiving HRT. Damien then shares some key lessons from successfully managing his £50k investment portfolio over the last 10 years. Finally, Andy explains how the energy payment cycle works and why late spring/early summer is an opportune time to check your energy account for potential credit and request a refund from your supplierCheck out this week's podcast article on the Money to the Masses website to see the full list of resources from this week's show (00:00) - Episode 503 of The Money to the Masses podcast(05:18) - Prescription Charges and HRT Savings(08:57) - Investment Insights from 10 Years of 80-20 Investor(24:56) - The Energy Cycle and Managing Energy AccountsFollow 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:How to cut prescription costsCheck if you are eligible for help with prescription costsAre you owed money from your energy supplierTake out a free trial of 80 20 investorIf 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.
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32:18
Ep 502 - Changes to Help to Save, the latest on Gold and Warren Buffet insights
On this week's show Andy explains how the Help to Save scheme works including how you can get a free £1,200 Government bonus. He also discusses the recent changes to eligibility rules that have resulted in over half a million more people now being able to benefit from the scheme. Damien then takes a look at the soaring price of gold, discussing the reasons behind its recent rally to all-time highs and the potential outlook. Even if you're not an investor, listen closely as it can have important implications for your home insurance. Finally, Damien takes a look at the investment strategy of Warren Buffett, exploring how he managed to make money while other billionaires lost out during recent market turbulence and what lessons ordinary investors can learn from his approach.Check out this week's podcast article on the Money to the Masses website to see the full list of resources from this week's show - https://moneytothemasses.com/news/podcast/mttm-podcast-episode-50200:00 - Money to the Masses Podcast Episode 50202:14 - Understanding the Help to Save Scheme06:58 - Eligibility Changes and Benefits of the Help to Save Scheme09:43 - Lock-In Feature of the Help to Save Scheme11:35 - The price of Gold: Analyzing Trends19:50 - Why the gold price could impact your insurance23:00 - Warren Buffett's Investment StrategiesFollow 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:Take out a free trial of 80 20 investorHelp to save scheme extended (and eligibility rules expanded)Help to Save Scheme explainedWhere next for the price of silver and gold? (Ep 479)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.
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32:03
Ep 501 - Trade war special
In this week's podcast, Damien breaks it all down. We explain recent developments (which are changing by the hour), discuss the immediate impact on investments, look at what could unfold in the coming weeks and explain how this might impact your finances.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 - Trade War special03:20 - Understanding Trade Tariffs and Their Implications07:59 - The Economic Impact of Tariffs on Consumers and Businesses14:38 - Market Reactions and Historical Context of Tariffs17:43 - The Impact of Tariffs on Global Markets24:14 - UK Investor Sentiment and Economic Outlook31:38 - Haven Assets in Times of Market TurmoilFollow 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 show
Join Damien and Andy as they break down personal finance topics including investing, saving, budgeting and more, giving you the tools and knowledge to achieve your financial goals
Each week, they cover three topics, cutting through unnecessary financial jargon, providing practical tips and actionable advice to help you make the most of your money.
To provide feedback or ideas for future shows, contact: damien@moneytothemasses.com or visit https://moneytothemasses.com
Ireland