Sarah is a Chartered Financial Adviser and Certified Financial Coach and Georgia is a Senior Paraplanner. Together, they have over 20 years experience in financial services and are on a mission to educate others about money in a fun and non-jargon way. They will help you master your finances and money mindset so that you feel more confident with money and the decisions you make around money. They talk all things money from investments, pensions and benefits to your mindset around money and steps you can take to improve your relationship with money. They aim to make it fun, educational and are with you every step of the way. Together, we've got this!
Discover shows related to Money Confidence, based on actual content similarities. Explore podcasts with similar topics, themes, and formats, backed by real data.
On this final episode of Season 1, Sarah and Georgia discuss why we overspend and how we can stop overspending and get out of cycles of debt.
KEY TAKEAWAYS
Georgia passed her STEP exam in trusts and estates. An amazing achievement!
Money is emotive. We tend to overspend when we are in an emotional state such as stressed, sad, lonely or even happy. Spending often helps us feel good about ourselves, even if it’s just in that moment.
Many of us relate our self-worth to our net-worth. We need to separate money from who we are. Having more money doesn’t make you a better person or a worse person.
Consumerism drives our spending habits.
You need to bring awareness to the triggers that cause you to overspend.
Always consider your future self.
Create new habits that create a similar emotion.
Don’t beat yourself up if you slip up – you’re only human. We all slip up now and then.
Keep going in the right direction. Don't give up and have faith in yourself. Every time you decide not to make a purchase or save a little each month, you are building a new identity for yourself. Small steps in the right direction will result in huge changes over time.
ABOUT THE HOSTS
Sarah is a Chartered Financial Adviser and Certified Financial Coach and Georgia is a Senior Paraplanner. Together, they have over 20 years experience in financial services and are on a mission to educate others about money in a fun and non-jargon way. They will help you master your finances and money mindset so that you feel more confident with money and the decisions you make around money. They talk all things money from investments, pensions and benefits to your mindset around money and steps you can take to improve your relationship with money. They aim to make it fun, educational and are with you every step of the way. Together, you've got this!
The information given in this podcast is for your entertainment and should not be construed as financial advice. No liability can be accepted for any individuals relying on this information without seeking specific advice and guidance. As always, take independent financial advice before making any investment decisions. Our discussions are based on tax and legislation in England which may change.
On this episode Sarah shares some timeless advice from some notes she had written after reading some self-help books when she had finished University in her 20s.
KEY TAKEAWAYS
Fear will never go away as long as you continue to grow.
Over 90% of what we worry about never happens. We create our own reality.
The beginning is the most important part of the work.
Believe it can be done. Never give up. Help each other.
Think for yourself.
Never look back. You can't change the past. Learn from it.
Regrets weigh you down.
Good and quiet doesn't mean weak.
Sometimes you need space to think.
Live life to the full.
Angels fly because they take themselves lightly.
If you haven't made any mistakes lately you must be doing something wrong.
Be patient with yourself.
The most important investment you can make is in yourself.
ABOUT THE HOSTS
Sarah is a Chartered Financial Adviser and Certified Financial Coach and Georgia is a Senior Paraplanner. Together, they have over 20 years experience in financial services and are on a mission to educate others about money in a fun and non-jargon way. They will help you master your finances and money mindset so that you feel more confident with money and the decisions you make around money. They talk all things money from investments, pensions and benefits to your mindset around money and steps you can take to improve your relationship with money. They aim to make it fun, educational and are with you every step of the way. Together, you've got this!
The information given in this podcast is for your entertainment and should not be construed as financial advice. No liability can be accepted for any individuals relying on this information without seeking specific advice and guidance. As always, take independent financial advice before making any investment decisions. Our discussions are based on tax and legislation in England which may change.
Money Confidence - 5 Ways To Make Better Financial Decisions
Season 1 · Episode 26
Wednesday, October 12, 2022 • Duration 18:30
Georgia's back! On this episode Sarah and Georgia firstly discuss the Mini-Budget although most of what Georgia said was not family friendly so had to be cut out. They then discuss 5 ways to make better financial decisions.
KEY TAKEAWAYS
A study by the IFS found that households in every income distribution will on average lose more money from the freezes to the allowances, thresholds and benefits over the next 3 years, than they will gain from the tax-cuts announced in the Mini-Budget.
Half a million more families will lose some or all of their child benefit entitlement by 2025-26 compared with now.
By 2030-31 the poorest tenth of households will lose 4.7% of their income while the highest-income tenth will lose 1.3%, as a result of the total changes to the tax and benefit system.
The pressure of making a large decision can be too much for a lot of people. Rather than seeing it as one decision, break it down into smaller, easier to answer decisions and tackle each one step by step.
Talk your decision through with either a professional or a friend or family member who can sense check your decision and provide a different perspective.
⭐If you wish to read about 5 ways to make better financial decisions, please either visit our blog (www.sarahtalksmoney.com) or our website (www.thegoodmoneycoach.com).⭐
BEST MOMENTS
'Rex has come back.'
'The world has gone mad.'
'What's important to you in the context of money?'
'Balance the needs and wants of yourself right now with the needs and wants of yourself in the future.'
'Information overload can lead to paralysis.'
'This should help you move forwards and make that decision that you keep putting off.'
Money Confidence - The Mini-Budget And The Falling Pound
Season 1 · Episode 25
Wednesday, October 5, 2022 • Duration 14:29
On this episode of the Money Confidence podcast, I talk about the Mini-Budget, what it means for you, why the pound is falling and how a falling pound may affect you.
KEY TAKEAWAYS
On Friday 23rd September the Chancellor (Kwasi Kwarteng) delivered his Mini-Budget, which sent the pound falling to a record low against the dollar.
I summarise the main tax cuts announced in the Mini-Budget as well as the potential tax savings.
On Monday 26th September the pound fell to it's lowest level against the dollar of $1.03. This was because of the large tax cuts announced in the Mini-Budget by the UK government, which is to be paid for by borrowing billions of pounds.
I discuss 5 ways the falling pound may affect you, including more expensive trips abroad, higher prices of goods and services and higher repayments for some mortgages.
Forecasts are predicting that interest rates will hit 6% by November. This will lead to increases in people's mortgage repayments who are on a tracker or variable rate, which is around 2 million people in the UK. Those coming to the end of their fixed rate or looking to buy for the first time will have fewer and more expensive deals to choose from.
Fixed rate mortgages depend on interest rate expectations as well as the rate today, which is why lenders are withdrawing mortgage deals in order to re-price them.
Since recording this episode, the Chancellor has done a U-turn and will NOT abolish the 45% tax rate. The pound bounced back but it is still weak against the dollar and euro and some economists predict it will go back down.
FREE RESOURCES
Visit ⭐https://www.thegoodmoneycoach.com/free-resources/⭐ to get your free resources to:
⭐Manage your debts and track your progress.
⭐Track your expenditure and find areas where you can reduce costs.
Money Confidence - My Story Part 1
Season 1 · Episode 24
Wednesday, September 28, 2022 • Duration 12:04
On this episode of the Money Confidence podcast, it's just me, Sarah! Georgia is away for 2 weeks and last week I wasn't feeling too well. This week I'm sharing the first part of my story. I've never shared this before but I hope it helps others who may resonate with how I was feeling back then.
KEY TAKEAWAYS
Listen to the episode to find out my story of what happened 7 years ago.
It's OK not to know what you’re doing or to do things differently. There’s no shame or judgement in that. Everyone looks like they've got it sorted but everyone else is just trying to do their best and to live up to the expectations that society puts on us. Getting the proper information, support and guidance can help you find the way that’s right for you and not to make decisions based on what other people are doing or saying.
⭐If you have any comments, if anything resonates with you or if you have any questions or need any support then please let me know. Feel free to email me at podcast@thegoodmoneycoach.com, message me on social media, or visit thegoodmoneycoach.com and sign up for my weekly newsletter which provides information, guidance and support on all things money, including your mindset around money. Please see below for the links.👇
ABOUT THE HOSTS
Sarah is a Chartered Financial Adviser and Certified Financial Coach and Georgia is a Senior Paraplanner. Together, they have over 20 years experience in financial services and are on a mission to educate others about money in a fun and non-jargon way. They will help you master your finances and money mindset so that you feel more confident with money and the decisions you make around money. They talk all things money from investments, pensions and benefits to your mindset around money and steps you can take to improve your relationship with money. They aim to make it fun, educational and are with you every step of the way. Together, you've got this!
The information given in this podcast is for your entertainment and should not be construed as financial advice. No liability can be accepted for any individuals relying on this information without seeking specific advice and guidance. As always, take independent financial advice before making any investment decisions. Our discussions are based on tax and legislation in England which may change.
Money Confidence - 5 Ways To Help Save For Christmas
Season 1 · Episode 23
Wednesday, September 21, 2022 • Duration 24:10
On this episode of the Money Confidence podcast, Sarah and Georgia talk about 5 ways to help save for Christmas.
KEY TAKEAWAYS
Christmas can be a time of worry for a lot of people and studies have shown that 53% of people feel financially stressed when it comes to Christmas.
Georgia's cat, Rex, joins us on this episode.
Now you've decided to start saving for Christmas, let's take the first step and set up a savings account and label it your 'Christmas pot'.
Make a list of of everyone you need to buy for and how much you can afford to spend on each person after your bills and essential expenditure is paid.
Work out how much you can afford to save each month and set up an automatic payment into your Christmas pot straight after payday.
Making little adjustments to your expenditure can really add up over the months. Look at your bank statements and see what you could cut back on.
Try and stick to your budget and track your expenditure.
⭐How do you save or prepare for Christmas? Please let us know using the email address below or message us on social media and we'll read it out on a future episode.👇
BEST MOMENTS
'It will be Christmas before you know it.'
'It's the football World Cup this year.'
'You look absolutely baffled.'
'I find it quite stressful.'
'That gives me severe hives.'
'We only buy for the children now.'
'He's still waiting 10 years later for the IOU.'
'Why not start now.'
'You can't recycle wrapping paper.'
Money Confidence - How To Reduce Financial Stress
Season 1 · Episode 22
Wednesday, September 14, 2022 • Duration 17:54
On this episode of the Money Confidence podcast, Sarah and Georgia talk about how to reduce financial stress.
KEY TAKEAWAYS
If you're worried about money then you're not alone. Money is a common source of stress for adults and Sarah and Georgia have both experienced this.
Being on top of your finances can help you feel less stressed and less overwhelmed with the situation.
The first thing you can do is to identify why you are feeling stressed or worried and to write these down.
Look at the things that you can do something about and put a plan in place. The plan needs to be realistic and achievable.
Look at ways to reduce your expenditure and ways you may be able to increase your income.
Think about what you're telling yourself about money and what you could be telling yourself instead.
Try and remain positive and ensure you take time out for self-care.
If you are struggling with debt then StepChange is a debt charity in the UK that can help you.
I have recently launched my website and if you would like to get in touch about financial coaching then please click here to book your free call.
BEST MOMENTS
'Everyone's experienced financial stress at some point.'
'Don't beat yourself up about it.'
'Do it gradually.'
'You can start and look at your bank account and your expenditure.'
'There's lots of free budget planners out there.'
Money Confidence - 5 Ways To Reduce Your Expenditure
Season 1 · Episode 21
Wednesday, September 7, 2022 • Duration 24:14
On this episode of the Money Confidence podcast, Sarah and Georgia talk about ways you can reduce your expenditure.
KEY TAKEAWAYS
There are lots of ways to reduce your expenditure and all the little cut backs you can make will really add up over the longer term.
Review your direct debits and subscriptions and look at those you don't need.
Shop around for cheaper deals. There's some good comparison sites that can help you with this.
Look for offers, discounts and vouchers so you don't have to pay full price. On the O2 priority app you can get things for free.
Swap brands for cheaper versions.
Cut back on convenience buys, such as takeaways coffees and food.
Don't forget about student discounts if you qualify.
unsubscribe from emails that tempt you to spend money on things you don't really need.
When you put an item in your basket online, wait 24 to 48 hours before you buy it, so that you have time to think about whether you actually need it.
Please get in touch with us through our email address, podcast@thegoodmoneycoach.com. We will read out your messages on the upcoming episodes.
BEST MOMENTS
'We have cancelled our Netflix.'
'Just have a look at things you don't really need anymore.'
'Shop around for cheaper deals.'
'You could shop around for your current bank account.'
'I got a student discount at the pub.'
'I've tried an alternative tomato ketchup, and I'm like no.'
'I never have time in the morning.'
Money Confidence - 4 Ways Rising Interest Rates May Affect You
Season 1 · Episode 20
Wednesday, August 31, 2022 • Duration 18:55
On this episode of the Money Confidence podcast, Sarah and Georgia discuss how the rising interest rates may affect you.
KEY TAKEAWAYS
Increasing interest rates is one way to try and control inflation as it raises borrowing costs and should encourage people to borrow and spend less. It can also encourage people to save more.
However, many households will be squeezed further following the interest rate rise including some mortgage-holders.
The Bank of England has warned the UK will fall into recession as it raised interest rates by the most in 27 years.
Interest rates in the UK rose to 1.75% as the Bank battles to stem soaring prices, with inflation now set to hit over 13%.
Because higher interest rates mean higher borrowing costs, people will eventually start spending less. The demand for goods and services will then drop, which will cause inflation to fall. Similarly, to combat the rising inflation in 2022, the Fed has been increasing rates throughout the year.
Rising interest rates is a positive for savers.
When interest rates increase, there's usually trouble for bonds and equities.
BEST MOMENTS
'I am getting my moneys worth, definitely.'
'My parents told me that back in the day when they were younger the interest rate was 15% to 16%.'
'Interest rates rose to 1.75% in the UK.'
'homeowners on a typical tracker mortgage will have to pay about £52 more a month. Those on standard variable rate mortgages will see a £59 increase each month.'
'Borrowing becomes more expensive.'
'Savings rate increase.'
'Most bonds pay a fixed interest rate that become more attractive as interest rates fall.'
Money Confidence - Four Tips For Managing Your Investments During Worrying Times
Season 1 · Episode 19
Wednesday, August 24, 2022 • Duration 12:45
On this episode of the Money Confidence podcast, Sarah shares her top tips for managing your investments during turbulent times.
KEY TAKEAWAYS
Resist the urge to keep checking your investment portfolio every 10 minutes. You will see your investments rise and fall. If you're not used to seeing your investments fall then you may panic.
Checking your investments all the time reinforces your worries. Just check it every month or every few months instead.
Stick to your long term strategy and basic investment principles.
Don't make decisions based on your emotions of stress, fear and anxiety. Take a step back and base those decisions on an informed consideration of the bigger picture. Keep in mind your long term vision.
Don't just focus on the negative headlines. Look at new information that comes to light that's not so negative and try and get a balanced picture.
BEST MOMENTS
'Everything's on an app these days.'
'We're emotional beings by nature.'
'The way our emotions change during the highs and the low of investing is why lots of us decide to invest when the markets are doing well and sell when the markets are falling which goes against basic good investment practices.'
'We would advise against timing the market .'
'It's time in the market not timing the market.'
'Resist making emotional decisions in the heat of the moment.'
'Don't just concentrate on the negative headlines.'
Sarah is a Chartered Financial Adviser and Certified Financial Coach and Georgia is a Senior Paraplanner. Together, they have over 20 years experience in financial services and are on a mission to educate others about money in a fun and non-jargon way. They will help you master your finances and money mindset so that you feel more confident with money and the decisions you make around money. They talk all things money from investments, pensions and benefits to your mindset around money and steps you can take to improve your relationship with money. They aim to make it fun, educational and are with you every step of the way. Together, you've got this!
The information given in this podcast is for your entertainment and should not be construed as financial advice. No liability can be accepted for any individuals relying on this information without seeking specific advice and guidance. As always, take independent financial advice before making any investment decisions. Our discussions are based on tax and legislation in England which may change.
⭐Track your savings and build up your cash reserves.
⭐Set realistic and achievable financial goals.
ABOUT THE HOSTS
Sarah is a Chartered Financial Adviser and Certified Financial Coach and Georgia is a Senior Paraplanner. Together, they have over 20 years experience in financial services and are on a mission to educate others about money in a fun and non-jargon way. They will help you master your finances and money mindset so that you feel more confident with money and the decisions you make around money. They talk all things money from investments, pensions and benefits to your mindset around money and steps you can take to improve your relationship with money. They aim to make it fun, educational and are with you every step of the way. Together, you've got this!
The information given in this podcast is for your entertainment and should not be construed as financial advice. No liability can be accepted for any individuals relying on this information without seeking specific advice and guidance. As always, take independent financial advice before making any investment decisions. Our discussions are based on tax and legislation in England which may change.
Sarah is a Chartered Financial Adviser and Certified Financial Coach and Georgia is a Senior Paraplanner. Together, they have over 20 years experience in financial services and are on a mission to educate others about money in a fun and non-jargon way. They will help you master your finances and money mindset so that you feel more confident with money and the decisions you make around money. They talk all things money from investments, pensions and benefits to your mindset around money and steps you can take to improve your relationship with money. They aim to make it fun, educational and are with you every step of the way. Together, you've got this!
The information given in this podcast is for your entertainment and should not be construed as financial advice. No liability can be accepted for any individuals relying on this information without seeking specific advice and guidance. As always, take independent financial advice before making any investment decisions. Our discussions are based on tax and legislation in England which may change.
'Write out what debts you have and your monthly payments and the interest rates.'
'The worst thing that can happen is that they say no.'
'George's mum tested different butters and got £50 for doing it.'
'If you can deal with the stress and the pressure, then maybe try a car boot sale.'
'All you've been doing Georgia is revising.'
'Small baby steps.'
'Ask for help.'
ABOUT THE HOSTS
Sarah is a Chartered Financial Adviser and Certified Financial Coach and Georgia is a Senior Paraplanner. Together, they have over 20 years experience in financial services and are on a mission to educate others about money in a fun and non-jargon way. They will help you master your finances and money mindset so that you feel more confident with money and the decisions you make around money. They talk all things money from investments, pensions and benefits to your mindset around money and steps you can take to improve your relationship with money. They aim to make it fun, educational and are with you every step of the way. Together, you've got this!
The information given in this podcast is for your entertainment and should not be construed as financial advice. No liability can be accepted for any individuals relying on this information without seeking specific advice and guidance. As always, take independent financial advice before making any investment decisions. Our discussions are based on tax and legislation in England which may change.
'I've given up alcohol so I'm saving a lot not drinking alcohol.'
'When I was a kid we used to make perfume with flowers.'
'The other day they had a free breakfast so we went and got one.'
You could get a coffee once a week and it'd be free.'
'I'm a sucker for a bargain.'
'Every little helps.'
'Don't switch your teabags.'
'Knowing you, it'll break down next week.'
'I've not had an alcoholic drink for 17 days.'
ABOUT THE HOSTS
Sarah is a Chartered Financial Adviser and Certified Financial Coach and Georgia is a Senior Paraplanner. Together, they have over 20 years experience in financial services and are on a mission to educate others about money in a fun and non-jargon way. They will help you master your finances and money mindset so that you feel more confident with money and the decisions you make around money. They talk all things money from investments, pensions and benefits to your mindset around money and steps you can take to improve your relationship with money. They aim to make it fun, educational and are with you every step of the way. Together, you've got this!
The information given in this podcast is for your entertainment and should not be construed as financial advice. No liability can be accepted for any individuals relying on this information without seeking specific advice and guidance. As always, take independent financial advice before making any investment decisions. Our discussions are based on tax and legislation in England which may change.
'The relationship between equites and interest rates is less direct.'
'The good news though is that the currency strengthens.'
'It could be good if you're going on holiday then.'
ABOUT THE HOSTS
Sarah is a Chartered Financial Adviser and Certified Financial Coach and Georgia is a Senior Paraplanner. Together, they have over 20 years experience in financial services and are on a mission to educate others about money in a fun and non-jargon way. They will help you master your finances and money mindset so that you feel more confident with money and the decisions you make around money. They talk all things money from investments, pensions and benefits to your mindset around money and steps you can take to improve your relationship with money. They aim to make it fun, educational and are with you every step of the way. Together, you've got this!
The information given in this podcast is for your entertainment and should not be construed as financial advice. No liability can be accepted for any individuals relying on this information without seeking specific advice and guidance. As always, take independent financial advice before making any investment decisions. Our discussions are based on tax and legislation in England which may change.
'Shout out to all those dentists who are actually taking children.'
ABOUT THE HOSTS
Sarah is a Chartered Financial Adviser and Certified Financial Coach and Georgia is a Senior Paraplanner. Together, they have over 20 years experience in financial services and are on a mission to educate others about money in a fun and non-jargon way. They will help you master your finances and money mindset so that you feel more confident with money and the decisions you make around money. They talk all things money from investments, pensions and benefits to your mindset around money and steps you can take to improve your relationship with money. They aim to make it fun, educational and are with you every step of the way. Together, you've got this!
The information given in this podcast is for your entertainment and should not be construed as financial advice. No liability can be accepted for any individuals relying on this information without seeking specific advice and guidance. As always, take independent financial advice before making any investment decisions. Our discussions are based on tax and legislation in England which may change.
