The Wallet

We’re back again with some of our favourite moments from this year’s Money Matters festival! You’re about to hear a talk by husband and wife duo: Ken and Mary Okoroafor from The Humble Penny - all about financial joy and living the life you want.

Having swiftly cleared their mortgage and achieved financial independence by Ken's 34th birthday, they opted to prioritise family time and pursue their passions.

In this conversation, they delve into the concept of financial joy and share insights on how individuals can chart their path towards living a fulfilling life.

On March 3rd, 2024, Vestpod's Money Matters festival took centre stage at the iconic KOKO in Camden, London. In this panel discussion, we deep dive into ways to empower women financially and tackle important challenges, such as the gender wage gap, limited access to financial resources, and barriers to career progression.

Watch the Full talk on Youtube: https://www.youtube.com/watch?v=A2whuF8Q668

PARTNERS

Our festival and this recap series is made possible thanks to a handful of amazing sponsors who have supported Vestpod to bring financial education to women year in year out, JP Morgan

Women on the Move, PensionBee and the Financial Times.

CONNECT WITH VESTPOD

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RESOURCES

Main takeaways: https://www.vestpod.com/news/money-matters-festival-2024-the-humble-penny-financial-joy

DISCLAIMER

We are not certified financial advisers! The articles and information made available on Vestpod are provided for information and educational purposes only and do not constitute financial advice. You are advised to consult with an independent financial advisor for advice on your specific circumstances.

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Are you wondering, "Should I work with a financial adviser? How do I find one that suits me? And how much does it actually cost?" Well, you're not alone. In a sometimes complex financial landscape, managing your finances effectively is crucial, and sometimes, getting help and support is essential. Today's episode is all about demystifying the world of financial advice. I recently had a fascinating conversation with Karen Barrett, the Founder and CEO of Unbiased, and she shared valuable insights on what you can expect from a financial adviser and how they can add value to your financial journey.

PODCAST SERIES

Road to Wealth is available on The Wallet: https://pod.link/1520695849/episode/e839d25c5b41ad4c15287426ef4d28d7

RESOURCES

Cost of advice tool: https://www.unbiased.co.uk/tools/cost-of-advice

Unbiased.co.uk adviser checklist: https://www.unbiased.co.uk/find-an-adviser-checklist.pdf

SPONSOR

Thank you to our partner Unbiased.co.uk, a matching service that helps to connect you with the most experienced and regulated financial experts: https://www.unbiased.co.uk/

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If you want to read the main takeaways from the episodes, subscribe to our newsletter: https://www.vestpod.com/subscribe

Or read on: https://www.vestpod.com/podcast

Hosted on Acast. See acast.com/privacy for more information.

💸Today's episode is all about breaking the silence around salaries and how to navigate those conversations. We talk about common misconceptions people have about discussing salaries, how to navigate discussions about finances when there's a significant income disparity between partners and how working with a financial planner can help you plan for the future.

In this episode of The Wallet, I interview Laura Newman, NatWest Premier’s Head of Financial Planning.

SPONSOR

Thank you to our partner NatWest Premier. Whether it's discovering ways to make your money grow, or planning your next new goal, your Premier Manager will help take your money to the next level so that it serves all your needs.

RESOURCES:

Salary Secrets – one in five Brits don’t share how much they earn, even with their partners by NatWest

Psychology research mentioned by Laura is by Olson et al 2023.

CONNECT WITH VESTPOD

If you want to read the main takeaways from the episodes, subscribe to our newsletter: https://www.vestpod.com/subscribe

Instagram: https://www.instagram.com/vestpod/

DISCLAIMER

We are not certified financial advisers! The articles and information made available on Vestpod are provided for information and educational purposes only and do not constitute financial advice. You are advised to consult with an independent financial advisor for advice on your specific circumstances.

Hosted on Acast. See acast.com/privacy for more information.

💸 Investing is key to building financial independence and reach long term goals. When you invest over a long period, you want your money to outpace inflation (the price of goods and services is increasing every year) and benefit from compound growth. While it’s essential to have ‘rainy day’ cash savings, playing it safe by stashing your money in low-interest-rate savings accounts is actually risky because that money will lose value over time.

💥 Today on The Wallet:

1️⃣Investing can feel complex, laden with alienating jargon and sounds like something only others are good at – but I explain why this isn’t the case.

2️⃣Before you start investing, it’s vital you ask yourself how long you’re willing to invest for. The longer your timeframe, the more volatility you should be able to deal with because you’d have more time to recover from any lows. Start small and invest regularly.

3️⃣I explain why asking questions and giving yourself praise are super important to everyone’s investing journey.

Resource mentioned in the episode:

• The Wallet Live recording in London at Mortimer House: https://www.eventbrite.co.uk/e/live-podcast-recording-the-wallet-london-pod-tickets-305074946377
• Vestpod POD groups: https://www.eventbrite.co.uk/o/vestpod-16058437670
• Vestpod Facebook group: https://www.facebook.com/vestpod
• Breaking Down Robo-Advisers And Understanding Your Investments: https://www.vestpod.com/news/2021/11/10/wallet-hotline-breaking-down-robo-advisers
• The Wallet, Investing beats Day Trading: https://www.vestpod.com/news/2020/12/10/investing-beats-day-trading-f6q3

Our podcast sponsor Moneybox is an award winning app helping people reach their goals and build wealth with confidence. You can sign up in minutes with as little as £1. Download the Moneybox app today or go to moneyboxapp.com/vestpod for more information. Capital at risk.

I’m Emilie Bellet, the founder of Vestpod - a thriving community that financially empowers women, author of You’re Not Broke, You’re Pre-Rich and host of The Wallet! You can learn more about Vestpod, join our events and subscribe to our newsletter at www.vestpod.com and on Instagram @vestpod. Join our private Facebook group: @vestpod.

Submit a question or a comment and email us the recording: [email protected].

Please note that we are not certified, financial advisers! The articles and information made available on Vestpod and this podcast are provided for information and educational purposes only and do not constitute financial advice.*

Hosted on Acast. See acast.com/privacy for more information.

Emilie Bellet speaks with Nina Mohanty, co-founder and CEO of Bloom Money, an app designed to help diaspora communities build generational wealth. Nina discusses the significant challenges that migrants face in accessing financial services, sharing her personal struggle of opening a bank account and her journey from working in fintech to raising funds for her startup. A passionate advocate for technology, Nina believes in the transformative power of fintech to make finance fair, transparent, and accessible for everyone.

PARTNER

Thank you to our partner PensionBee. With PensionBee you can combine, contribute and withdraw online. Take control of your pension, so that you can enjoy a happy retirement and join over 240,000 customers saving with PensionBee. When investing, your capital is at risk.

CONNECT WITH VESTPOD

If you want to read the main takeaways from the episodes, subscribe to our newsletter: https://www.vestpod.com/subscribe

Instagram: https://www.instagram.com/vestpod/

RESOURCES

Main takeaways: https://www.vestpod.com/news/the-wallet-podcast/immigrants-generational-wealth-with-nina-mohanty

Bloom Money: https://bloommoney.co/

Listen to PensionBee’s monthly podcast, The Pension Confident Podcast to better understand the world of personal finance and pensions: https://podfollow.com/the-pension-confident-podcast

DISCLAIMER

We are not certified financial advisers! The articles and information made available on Vestpod are provided for information and educational purposes only and do not constitute financial advice. You are advised to consult with an independent financial advisor for advice on your specific circumstances.

Hosted on Acast. See acast.com/privacy for more information.