Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts

Sunday, January 11, 2026

‘Shop Away’ Your Mortgage and Save Thousands On Interest And Become Debt...


‘Shop Away’ Your Mortgage and Save Thousands On Interest And Become Debt Free

Jinesh Vohra, founder of Sprive.com explains how using his app while doing your weekly shop can save your thousands of pounds and help you pay your mortgage off years earlier.

Watch video - https://youtu.be/TfC85fdkCvM

House Prices Plunge In London And Stockbroker Belt As Silver And Gold Surge!

Watch video here -  https://youtu.be/tk1aT-TMAwo?si=3aDdg9cbbXyO-Foa

3 Steps To Success Money Management!

I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.

Join me online on my free live money management training Wednesday at 7.00PM.

Places are limited, so register now below to avoid disappointment.

https://bit.ly/3QPp8IH

USE THIS PROMO CODE CHARLES5 gets paid on first shopping (£5 towards the mortgage)

#mortgage #housepricesfall #UKPropertyTax #MoneyTips #CharlesKellyPodcast #TaxPlanning #sprive.com #savemoney


Monday, January 6, 2025

Start Building Wealth In 2025 And Break The Spending Habit

Start Building Wealth In 2025 And Break The Spending Habit

·        Stop spending! You can’t spend your way to financial freedom!

·        Stop blowing every penny and start saving and investing for your future.

·        Stop running up credit card debt and using credit to buy consumer goods.

·        Stop shopping! Make investing your hobby instead of shopping!

·        Stop living beyond your means and get a grip on your finances.

·        Stop wasting time and learn about money and investing.

·        Stop hoping and wishing for financial freedom and start taking ACTION!

See also:

7 Powerful Steps to Transform Your Finances in 2025

As we move closer to 2025, now is the perfect time to take charge of your finances and make it your most successful year yet. In the latest episode of the Charles Kelly Money Tips Podcast, we explore actionable strategies to help you achieve financial freedom and build wealth.

Watch full video - https://youtu.be/-k7HPn0u_Ok?si=j6ZpuTlRyCJzuIxY

Section 24 Landlord Tax Hike

Interview with Chartered Accountant and property tax specialist who reveals options and solutions to move your properties from your own name into a limited company or LLP whilst mitigating the potential HMRC pitfalls.

Email charles@charleskelly.net for a free consultation on how to deal with Section 24.

Watch video now: https://youtu.be/aMuGs_ek17s

Conclusion

Make 2025 the year you take control of your financial future. By setting clear goals, budgeting wisely, paying yourself first, reducing debt, and investing strategically, you’ll be well on your way to building wealth and achieving financial freedom. Remember, every small step you take today can lead to significant financial growth tomorrow.

For more tips and insights, watch the latest episode of the Charles Kelly Money Tips Podcast on YouTube and start your journey to financial success today!

3 Steps To Unlocking Financial Freedom!

I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.

Join me online on my free live money management training Wednesday at 7.00PM.

Places are limited, so register now below to avoid disappointment.

https://bit.ly/3QPp8IH

#FinancialFreedom #MoneyManagement #2025Goals #WealthBuilding #SmartInvesting #DebtFreeJourney #SaveMoney #InvestWisely #BudgetingTips #CharlesKellyMoneyTips #FinanceSuccess #PersonalFinance #finance #moneytraining #moneymanagement #wealth #money #debt #property #investment #Homeownership #financialplanning #moneymanagement #financialfreedom #section24tax #financialindependenceretireearly #RentersRightsBill #BuyToLet #LandlordLife #UKPropertyMarket #TenantsRights #RentalProperty #PropertyInvestment #LandlordChallenges #section24


Friday, February 23, 2024

Section 24 Tax Hike Solutions Revealed By Property Accountant


Section 24 Tax Hike Solutions Revealed By Property Accountant

Interview with Chartered Accountant and property tax specialist who reveals options and solutions to move your properties from your own name into a limited company or LLP whilst mitigating the potential HMRC pitfalls.

Email charles@charleskelly.net for a free consultation on how to deal with Section 24.

Watch video now: https://youtu.be/aMuGs_ek17s

In this 45 minute interview we discuss:

·        What is Section 24 and when did George Osbourne introduce this tax hike on landlords?

·        6 options available to landlords with buy-to-let properties in their own name

·        What is classed as a property business and property partnership?

·        Ramsay v HMRC (2013) case explained

·        Incorporation Relief, Stamp Duty, CGT (Capital Gains tax) and much more…

Over 29,000 people signed a petition calling on the government to reverse this unfair tax o landlords to no avail. 

Find out what you can do in this video.

Email charles@charleskelly.net for a free consultation on how to deal with Section 24.

 

#buytoletlandlord #propertyinvestment #section24tax #georgeosborne #financialfreedom #FinancialEquality #FinancialIndependence #money #MoneyManagement #FinancialEducation #SecureYourFuture #TakeControl #FinancialWellBeing #BridgeTheDivide #EqualityInFinance #economy #recession #section24 #section21 #IncorporationRelief #SDLT #StampDuty #CGT #ramsayvHMRC #buytoletproperty #buytoletlandlord


Sunday, November 12, 2023

Where Will You Be In 5 Years?

Where will you be in 5 years?

 

Join me online on my free live money management training Wednesday at 8.00PM.

Register now https://bit.ly/3QPp8IH

Have you even thought about it?

 

What are your plans, goals or dreams?

 

What actions are you taking towards getting where you want to be?

 

Do you have a mentor?

 

Who do you need to become to reach your goal?

 

Will you have enough money to retire or quit the rat race?

 

TIME TO GET SERIOUS

There are 24 hours in every day. 

We all have something in common. We have the same amount of time and every day.

Other things may be differ between us but will have the same 24 hours in every day.

If you put in enough time and effort there’s no limit to what you can achieve.

Question is, how much of that time do you waste?

How much time do you spend thinking about getting started instead of taking action and starting?

How much time do you waste scrolling through social media or watching television?

TV Guide

How much time do you flush down the toilet playing video games, drinking and partying?

In the time that people spend watching television for 4 to 5 hours a day, they could upgrade their financial or business skills and knowledge, learn a new language, get super fit and improve their health or even take a degree in 2 to 3 years. 

Let’s say you wanted to write a book, “don’t have the time “.

Do you think you have a spare hour a day? Do you think if you are very busy spare one hour a day? Course you can!

Did you know that if you write for one hour a day and finish one page. If you did that for 365 days, you’d have 365 pages written.  That is equivalent to a book manuscript!

If you use your time more effectively, and make time work for you instead of wasting it, there is no limit to what you could achieve your life.

A.I. Could replace 1 billion jobs in next 3 years

Millions of lower paid and executive jobs could be replaced by machines within the next three years.

This will not only affect employment but will also reduce consumption as well as it in the income from the Ponzi like pension schemes.

Now is the time to become financially educated to protect yourself from the coming storms of AI and central bank digital currencies.

Now is the time to prepare yourself for one of the biggest changes in history. 

Now is the time to act before it’s too late. 

Join me on my free webinar, three steps to financial freedom and successful money-management, Wednesday at 8 pm.

Don’t miss it, click the link below.

See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA

 

How To Manage Your Spending And Develop A Millionaire Mindset

I want to show you exactly how you can:

       Not only survive, but thrive in a recession or depression?

       Get control of your finances and spending?

       Save and invest for your future?

       Learn about money and finance?

·        Develop a millionaire mindset.

To help you, I am running a free training webinar. 

3 Steps To Success Money Management and Financial FREEDOM!

I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!

Join me online on my free live money management training Wednesday at 8.00PM.

Places are limited, so register now below to avoid disappointment.

https://bit.ly/3QPp8IH

#mindet #money #wealth #landlord #property #financialfreedom #stockmarket #invest #pensions #millionairemindset #georgeosbourne #sec24tax #transferpropertytolimitedcompany


Saturday, November 4, 2023

Do You Ever Wonder Why You Never Have Enough Money?

Do You Ever Wonder Why You Never Have Enough Money?

Do you say: “I just don’t know where it all goes?”

Unlock Financial Freedom: Master the Art of Money Management in 3 Simple Steps

Discover the keys to prosperous money management that won't compromise your quality of life. Register here - https://bit.ly/3QPp8IH

In today's challenging economic landscape, where inflation, higher interest rates, and downturns prevail, there are always those who not only survive but thrive. What sets them apart?

Have you been hit by George Osborne’s Sec 24 Landlord TAX GRAB?

See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA

 

How To Manage Your Spending And Develop A Millionaire Mindset

I want to show you exactly how you can:

       Not only survive, but thrive in a recession or depression?

       Get control of your finances and spending?

       Save and invest for your future?

       Learn about money and finance?

·        Develop a millionaire mindset.

To help you, I am running a free training webinar. 

3 Steps To Success Money Management and Financial FREEDOM!

I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!

Join me online on my free live money management training Wednesday at 8.00PM.

Places are limited, so register now below to avoid disappointment.

https://bit.ly/3QPp8IH

#mindet #money #wealth #landlord #property #financialfreedom #stockmarket #invest #pensions #millionairemindset #georgeosbourne #sec24tax #transferpropertytolimitedcompany


Friday, October 6, 2023

Is Your Money Safe In Metro Bank?

Is Your Money Safe In Metro Bank?

In this week’s Money Tips Podcast:

·        Should you worry about Metro Bank’s finances, as they struggle to raise £600 million to maintain its ambitious expansion programme.

·        Property prices fall for sixth month in a row according the Halifax who say the slump will continue into 2024.

·        Help to Buy Scheme sees return of ‘Negative Equity’.

Watch full YouTube video -  https://youtu.be/hCLidk13PP4?si=fwM1e5xV6O6nR1vi

 

See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA

 

Housing Market in DEEP Trouble: https://youtu.be/USGREwntT1I

How To Develop A Millionaire Mindset

I want to show you exactly how you can:

       Not only survive, but thrive in a recession or depression?

       Get control of your finances and spending?

       Save and invest for your future?

       Learn about money and finance?

·        Develop a millionaire mindset

To help you, I am running a free training webinar. 

3 Steps To Success Money Management and Financial FREEDOM!

I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!

Join me online on my free live money management training Wednesday at 8.00PM.

Places are limited, so register now below to avoid disappointment.

https://bit.ly/3QPp8IH

#mortgage #fixedratemortgage #landlord #property #metrobank #houseprices


Sunday, September 10, 2023

5 Steps to Financial Freedom - Day 5 Video Financial Freedom

Day 5: Putting It All Together - Your Path to Financial Freedom

 

Congratulations! You've embarked on a journey to financial freedom by understanding its meaning, cultivating a healthy money mindset, mastering money management, and embracing saving and investing. Now, it's time to put it all together and create a roadmap to your financial dreams.

 

Start by setting clear, achievable financial goals. Whether it's retiring early, buying a home, or funding your children's education, having specific targets gives you direction and motivation. Break these goals into smaller, manageable steps and assign deadlines to them.

 

Next, create a comprehensive financial plan that includes budgeting, debt management, savings, and investment strategies. Your plan should reflect your current financial situation and outline the steps needed to reach your goals. Regularly review and adjust your plan as circumstances change.

 

It's essential to continue learning about personal finance to stay informed and adapt to changing economic conditions. Consider attending financial workshops, reading books, or seeking advice from financial professionals.

 

Lastly, stay disciplined and patient on your journey to financial freedom. There will be challenges along the way, but with determination and a clear plan, you can overcome them. Avoid comparing your progress to others and focus on your unique financial goals and timeline.

 

Remember that financial freedom is not a destination but a lifelong pursuit. As you work towards your goals, don't forget to enjoy the journey and celebrate your achievements along the way. Financial freedom means having the freedom to live life on your terms, and with dedication and the right strategies, you can attain it.

 

If you're ready to take your financial journey to the next level, consider joining our 1 Day SMART MONEY WORKSHOP. In this workshop, you'll learn the 3 Steps to Financial Freedom and Successful Money Management. Click the link below for further information and take the next step towards securing your financial future.

 

**Summary of the Series: Your Path to Financial Freedom**

 

This series of articles has explored the multifaceted concept of financial freedom, from defining what it means to you personally to understanding the importance of a positive money mindset, effective money management, and strategic saving and investing. Each article has provided valuable insights and practical tips to help you on your journey to financial independence.

 

Financial freedom is about more than just accumulating wealth; it's about taking control of your financial destiny and using money as a tool to create the life you desire. It involves setting clear financial goals, managing your money wisely, and making informed investment decisions.

 

Putting it all together requires discipline, patience, and a commitment to lifelong learning. It's a journey that may have its challenges, but with the right mindset and strategies, you can achieve your vision of financial freedom.

 

Finally, the importance of having a mentor or coach cannot be underestimated. All top performers in any field have a coach or mentor. They realise that they need other people to help them get to where they want to be and, more importantly, to stay there and keep improving.

 

If you're serious and eager to accelerate your progress, consider joining our 1 Day SMART MONEY WORKSHOP, where you'll gain valuable insights into the 3 Steps to Financial Freedom and Successful Money Management. Take the next step towards securing your financial future and living life on your terms. Click the link below for more information.

Click here to register:  https://buy.stripe.com/00g01E92W4R8cfebII

 

#financialfreedom #moneymindset #goalsetting #savingand investing #wealth #saving #investing #money

 


Sunday, August 13, 2023

Do This And Everything Will Change For You


Do This And Everything Will Change For You

This simple hack will Improve Everything in your life from relationships to health and wealth.

Join me online on my free live money management training Wednesday at 8.00PM.

Register now - https://bit.ly/3QPp8IH

Peter Drucker said, if you cannot measure you cannot improve it.

This not only applies to businesses management, but also life and money management.

In this short video, we explore relationships, health and money management…Watch on YouTube https://youtu.be/v4sZB70MDhc

See also:

Landlord - Serviced Accommodation V Buy-to-Let Property Rental And HMO’s - Exploring Alternative Buy-to-Let Strategies in the UK: Serviced Accommodation, Holiday Letting, and HMOs

https://youtu.be/5uJcr7YoPso

See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA


If you would like more information and an assessment on letting your property hassle free, hands-off with FULL MANAGEMENT using the serviced accommodation model, email southherts@localagent.co.uk with your property details and location.

Content for educational purposes only, not financial advice. Always speak to an independent financial or mortgage adviser.

3 Steps To Success Money Management!

I want to help you get control of your money, learn how to invest and become financially free.

Join me online on my free live money management training Wednesday at 8.00PM.

Places are limited, so register now below to avoid disappointment.

https://bit.ly/3QPp8IH

 

#peterdrucker #lifemanagement#interestrates #property #mortgages #remortgage #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth   #bankofengland #inflation #money #servicedaccommodation #holidaylet #HMOrental #holidatrental #airbnb #booking.com #buytoletlandlords #health #business


Tuesday, July 4, 2023

Summary Of Mortgage Deals and Fixed Interest Rates

Summary Of Mortgage Deals And Fixed Interest Rates

Following the Bank of England’s 13th base rate hike to 5%, we look at the current mortgage deals on offer for fixed rates, discounts, trackers and buy-to-let.

Join me online on my free live money management training Wednesday at 8.00PM. Register now https://bit.ly/3QPp8IH

See video version on YouTube: https://youtu.be/WY1AWe4fdTU

Also in this Money Tips Podcast episode:

·        Transferring buy-to-let property to a limited company without paying CGT and Stamp Duty

·        Improving your returns using holiday lets or serviced accommodation (SA)

·        Getting around George Osbourne’s Section 24 tax grab on buy-to-ley landlords

See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA

 

See also:

Housing Market in DEEP Trouble: https://youtu.be/USGREwntT1I

Interest Rates Will Rise, Property Prices Will Fall And Opportunities Will Open Up:

https://www.youtube.com/watch?v=ziTf2jOagB8&t=179s

How To Develop A Millionaire Mindset

I want to show you exactly how you can:

       Not only survive, but thrive in a recession or depression?

       Get control of your finances and spending?

       Save and invest for your future?

       Learn about money and finance?

·        Develop a millionaire mindset

To help you, I am running a free training webinar. 

3 Steps To Success Money Management and Financial FREEDOM!

I want to help you get control of your money, learn how to invest and become financially free by developing a millionaire mindset – which is not about buying flashy things and looking rich!

Join me online on my free live money management training Wednesday at 8.00PM.

Places are limited, so register now below to avoid disappointment.

https://bit.ly/3QPp8IH

 

Multiple Streams of Property Income - Flagship 3-Day Training

Friday 14th to Sunday 16th July 2023

 

Register HERE for complimentary tickets:

https://bit.ly/propertyABC

 

#interestrates #property #mortgages #remortgage #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth   #bankofengland #inflation #money  #housingmarket #propertycrash #section24 #GeorgeOsbourne #taxrise #millionaire #millionairemindset 

Monday, May 29, 2023

Let Them Eat Cake...Huw "Stay Poor" Pill Reminds Me Of The French Queen ...

Let Them Eat Cake...Huw "Stay Poor" Pill Reminds Me Of The French Queen Marie Antoinette!

Inflation falls, but more rate rises on the way from the men in grey suits.

3 Steps To Success Money Management! I want to help you get control of your money, learn how to invest and become financially free. https://bit.ly/3QPp8IH

Average inflation may have fallen below 10%, but mortgage costs, rent, food and energy costs have risen by far more.

• Official inflation rate stands at 8.7% - four times the target rate

• Core inflation excluding items like food rose to 6.8%

• Food costs are rising at highest rate in 45 years

• Food inflation is 19% according to official figures

• Learn how to manage your money on my free webinar

Watch full video - https://youtu.be/Fej9_rVc4eI

See also:

Watch More Mortgage Misery For Property Buyers As Bank Raise Rates Again

 - https://youtu.be/BNe5eV37iiM

Interest Rates Will Rise, Property Prices Will Fall And Opportunities Will Open Up - https://www.youtube.com/watch?v=ziTf2jOagB8&t=179s

What is your biggest money worry?

I want to show you how can you:

• Not only survive, but thrive in a recession or depression?

• Get control of your finances and spending?

• Save and invest for your future?

• Learn about money and finance?

To help you, I am running a free training webinar. 

3 Steps To Success Money Management!

I want to help you get control of your money, learn how to invest and become financially free.

Join me online on my free live money management training Wednesday at 8.00PM.

Places are limited, so register now below to avoid disappointment.

https://bit.ly/3QPp8IH

 

#interestrates #property #mortgages #remortgage #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth   #bankofengland #inflation #money #huwpill #marieantoinette


Monday, May 22, 2023

MASTER YOUR MONEY IN 28 DAYS PART 1. SPENDING



MASTER YOUR MONEY IN 28 DAYS PART 1. SPENDING

Learn how to get control of your finances and spending in 28 days.

Learn more - https://youtu.be/uAREkaOI4e4

 


Thursday, May 18, 2023

3 Steps To Success Money Management! - Webinar Replay


3 Steps To Success Money Management! - Webinar Replay

Financial Freedom Journey - https://bit.ly/3KY9CJA - Get Started Today! What is your biggest money worry? I want to show you how can you: • Not only survive, but thrive in a recession or depression? • Get control of your finances and spending? • Save and invest for your future? • Learn about money and finance? To help you, I am running a free training webinar.   3 Steps To Success Money Management! I want to help you get control of your money, learn how to invest and become financially free. https://bit.ly/3KY9CJA - Get Started Today

Saturday, April 8, 2023

Spiritual Wealth, how to be rich and spiritual

Spiritual Wealth, how to be rich and spiritual

In a world that often seems to value material possessions over inner peace, it can be easy to lose sight of what is truly important in life. While money can certainly provide a sense of security and comfort, it is spiritual wealth that ultimately leads to lasting happiness and fulfilment. In this blog post, we will explore the concept of spiritual wealth and offer some tips on how to cultivate it in your own life.

Join me online on my free live money management training. Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH

Wealth can be defined as an abundance of valuable possessions or resources. It is commonly associated with financial resources such as money, investments, and property, but it can also refer to non-material resources such as health and wellbeing, security, peace, knowledge, skills, relationships, and time. In broader terms, wealth can be seen as the capacity to meet one's needs and desires and to live a comfortable, secure, and fulfilling life.

Investopedia defines wealth as: “the value of all the assets of worth owned by a person, community, company or country. Wealth is determined by taking the total market value of all physical and intangible assets owned, then subtracting all debts. Essentially, wealth is the accumulation of resources. Specific people, organizations and nations are said to be wealthy when they are able to accumulate many valuable resources or goods.”   

We need both to be happy and comfortable or secure in the world.

What is Spiritual Wealth?

Spiritual wealth refers to the abundance of inner resources that enable us to live a meaningful and purposeful life. It is the wealth that is not dependent on material possessions or external circumstances, but rather on our own inner state of being. Some of the key components of spiritual wealth include:

·        A strong sense of purpose and meaning in life

·        A deep connection with oneself and others

·        A sense of inner peace and contentment

·        A capacity for compassion and empathy

·        A commitment to personal growth and development

While these qualities may not be tangible, they are nonetheless essential to living a happy and fulfilling life.

How to Cultivate Spiritual Wealth

So how can we cultivate spiritual wealth in our own lives? Here are some tips to get you started:

1.      Practice mindfulness and self-awareness

One of the first steps towards cultivating spiritual wealth is to become more self-aware. This means paying attention to your thoughts, feelings, and behaviours, and understanding how they impact your overall well-being. Mindfulness practices such as meditation, yoga, or simply taking a few moments to breathe deeply can be helpful in developing this awareness.

2.      Connect with others

Another key component of spiritual wealth is the ability to connect with others on a deep level. This can involve cultivating close relationships with family and friends, participating in community activities, or volunteering your time to help others. By connecting with others in meaningful ways, you can experience a sense of belonging and purpose that contributes to your overall sense of well-being.

3.      Cultivate gratitude

Gratitude is an essential aspect of spiritual wealth. By focusing on what you have rather than what you lack, you can cultivate a sense of contentment and inner peace. One way to cultivate gratitude is to keep a gratitude journal, where you write down three things you are grateful for each day.

4.      Practice forgiveness

Holding onto anger, resentment, or bitterness can be a significant barrier to spiritual wealth. By practicing forgiveness, you can release negative emotions and free yourself from the past. Forgiveness does not mean condoning or excusing harmful behaviour, but rather choosing to let go of the negative emotions associated with it.

5.      Commit to personal growth

Finally, cultivating spiritual wealth requires a commitment to personal growth and development. This can involve pursuing education or training, engaging in self-reflection, or seeking out new experiences that challenge you to grow and evolve as a person.

In conclusion, while material wealth may provide a temporary sense of satisfaction, it is spiritual wealth that leads to lasting happiness and fulfilment. By cultivating mindfulness, connecting with others, practicing gratitude and forgiveness, and committing to personal growth, you can develop the inner resources necessary to live a meaningful and purposeful life.

Can you be spiritual and wealthy?

Yes, it is possible to be both spiritual and wealthy. Spiritual beliefs and practices do not necessarily have to conflict with financial success or material wealth.

There are many examples of wealthy individuals who also lead a spiritually fulfilling life, such as philanthropists who use their wealth to make positive changes in the world or those who incorporate spiritual practices into their daily routines, such as meditation or prayer.

It's important to note that wealth should not be the sole focus of one's life, as material possessions and money cannot provide lasting happiness or fulfilment. However, being wealthy does provide opportunities to do good in the world and live a comfortable life, while also practicing spiritual principles such as gratitude, compassion, and generosity.

Need help with your money, finances or debt?

We are living in challenging economic times.

I want to show you how can you:

·        Not only survive, but thrive in a recession or depression?

·        Get control of your finances and spending?

·        Save and invest for your future?

·        Learn about money and finance?

To help you, I am running a free training webinar. 

3 Steps To Success Money Management!

I want to take you to the next level, help you get control of your money, learn how to invest and become financially free.

Join me online on my free live money management training Wednesday at 8.00PM.

Places are limited, so register now below to avoid disappointment.

https://bit.ly/3QPp8IH

#interestrates #property #mortgages #remortgage #firsttimebuyer #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth #spiritualwealth #rich


Monday, March 20, 2023

Banking Crisis And UK 2023 Budget Summary, What You Need To Know

Banking Crisis And UK 2023 Budget Summary, What You Need To Know

Another US bank bailed while Paris burns.

3 Steps To Success Money Management! Join me online on my free live training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH

As expected, Jeremy Hunt’s first budget did little to excite investors and the property industry.

With the country still recovering from the events of the last two years and massive Government debt there was not much money to give away in this budget. Chancellors usually save that for a pre-election budget!

Jeremy Hunt highlighted concerns about the banking sector, following the collapse of America’s Silicon Valley Bank, Signature Bank and a further bailout by the US banks, but reassured us that the UK banking industry is safe.

European Central Bank supervisors see no contagion for euro zone banks from recent sector turmoil, a source said on Friday, after U.S. lenders threw First Republic Bank a $30 billion lifeline and tapped record amounts from the Federal Reserve.

Large U.S. banks on Thursday were forced to rescue the San Francisco-based lender, which was caught up in market volatility triggered by the collapse of two other mid-size U.S. banks.

This week, Credit Suisse went ‘cap in hand’ to the central for an emergency bank loan of up to $54 billion to shore up its liquidity – banking terms for having no money!

The National Residential Landlords Association described it as missed opportunity to tackle the supply crisis in the private rented sector and the Royal Institution of Chartered Surveyors (RICS) said it was disappointed by the lack of housing ambition in the budget.

However, the Chancellor did announce 12 new Investment Zones across the UK and relaxed Immigration Rules to help the construction industry cope with staff shortages.

Most of us will be paying more tax  in the coming years due to the ‘fiscal drag’ caused by tax allowances not rising in line with inflation each year.

Here’s a summary of the main points, but you can read the full budget speech at the commons library - https://commonslibrary.parliament.uk/research-briefings/cbp-9748/

Budget main points

·        Energy cap limiting typical household energy bills to £2,500 a year extended to June

·        £200m to bring energy charges for prepayment meters into line with prices for customers paying by direct debit - affects 4m households

·        Lifetime Allowance – the cap on amount workers can accumulate in pensions savings over their lifetime before having to pay extra tax (currently £1.07m) to be abolished

·        Tax-free yearly allowance for pension pot to rise from £40,000 to £60,000

·        The 5p cut to fuel duty on petrol and diesel, due to end in April, kept for another year

·        Office for Budget Responsibility (OBR) predicts the UK will avoid recession in 2023, but the economy will shrink by 0.2%? Economy shrinking but not in recession!

·        Growth of 1.8% predicted for next year, with 2.5% in 2025 and 2.1% in 2026

·        UK's inflation rate predicted to fall to 2.9% by the end of this year, down from 10.7% in the last three months of 2022

·        Underlying debt forecast to be 92.4% of GDP this year, rising to 93.7% in 2024

·        Corporation tax, paid by businesses on taxable profits over £250,000, confirmed to increase from 19% to 25% making the UK a less competitive place to invest

·        Companies with profits between £50,000 and £250,000 to pay between 19% and 25%

·        Companies able to deduct investment in new machinery and technology to lower their taxable profits

·        Tax breaks and other benefits for 12 new Investment Zones across the UK, funded by £80m each over the next five years

·        £200m this year to help local councils in England repair potholes

·        £900m for new super computer facility, to help UK's AI industry

·        30 hours of free childcare for working parents in England expanded to cover one and two-year-olds, to be rolled out in stages from April 2024

·        A £600 "incentive payments" for those becoming childminders, and relaxed rules in England to let childminders look after more children

·        New fitness-to-work testing regime to qualify for health-related benefits

·        New voluntary employment scheme for disabled people in England and Wales, called Universal Support

·        Tougher requirements to look for work and increased job support for lead child carers on universal credit

·        £63m for programmes to encourage retirees over 50 back to work, "returnerships" and skills boot camps

·        Immigration rules to be relaxed for five roles in construction sector, to ease labour shortages

Source: BBC News

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