You asked us:
What is the secret to quick wealth?
When should you set up a limited company?
Where should you store your emergency fund?
Here's Damo's video where he talks about money market funds: https://www.youtube.com/watch?v=i0bBcjNyPWQ
Here's Ramin Nakisa's Pensiocraft video on money market funds if you want more detail: https://www.youtube.com/watch?v=hnFnm-HPjGw&t=627s
🤝 Want help from a financial advisor?
We’ve teamed up with advisors we like so you can get 1:1 support from a professional. Learn more:
https://makingmoney.email/financial-advisors-audio
📧 Free guides on personal finance
Learn how to build long-term wealth in the UK: https://linktr.ee/makingmoneypod
⛑️ Check your financial health
https://makingmoney.email/health-check-audio
📈 Investment platforms we use:
Trading 212
Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
https://www.trading212.com/promocodes/MM
If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account.
InvestEngine
Get a £25 bonus when you invest at least £100.
https://investengine.pxf.io/daOD2Q
Vanguard
https://www.vanguardinvestor.co.uk/
This is not an affiliate link.
If you purchase a product or service using one of these links, we may receive a small commission from the seller. There will be no additional charge for you.
Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.
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This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.
Ask us anything: What is the secret to quick wealth? | Making Money podcast - Listen or read transcript on Metacast
