Episodes

  • Ben Felix: Investing is Simple, So Why Is Everyone Getting it Wrong?
    Jan 12 2026
    Ben Felix has one of the few personal finance channels I watch. Chief Investment Officer at PWL Capital, he also co-hosts the Rational Reminder podcast. We discuss the finance ‘rules’ to avoid, why human behavior makes us bad investors, and the questions you need to ask if you want your money to support a better life. Ben also opens up about his cancer diagnosis earlier this year and how it’s changed his perspective. 🎉Sponsors The British and International Franchise Exhibition - go for free: https://makingmoney.email/franchise-exhibition-london TaxZap - Do your tax return / self-assessment: ⁠⁠⁠⁠⁠https://makingmoney.email/taxzap⁠⁠⁠⁠⁠ Vanta - Get your company secure and compliant: ⁠⁠⁠⁠⁠https://vanta.com/makingmoney⁠⁠⁠⁠ Odoo - Apps to run your business: ⁠⁠⁠⁠https://www.odoo.com/r/MM1⁠⁠ – If you purchase a product or service using one of the links above, we may receive a commission. 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. 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. Here are the papers referenced: Beyond the Status Quo: A Critical Assessment of Lifecycle Investment Advice Anarkulova, Aizhan and Cederburg, Scott and O'Doherty, Michael S. Finding and Funding a Good Life - Ben Felix Ben’s channel: https://www.youtube.com/c/BenFelixCSIRational Reminder podcast: https://www.youtube.com/c/RATIONALREMINDER Chapters: 00:00 - Franchise Exhibition ad 00:39 - Why finance? 06:29 - Home bias 13:42 - Vanta ad 14:47 - Are you over-exposed? 17:19 - Low US returns coming? 23:06 - 4% rule 27:09 - TaxZap ad 28:23 - Rational investing? 35:00 - Investment approach 38::45 - Money and happiness 41:24 - Funding a good retirement 45:25 - Trade-offs 50:03 - When you shouldn’t save 54:52 - Cancer diagnosis 01:09:09 - Best investment advice
    Show More Show Less
    1 hr and 15 mins
  • Financial Adviser Explains How to Get Ahead in 2026
    Jan 5 2026
    To kick off the year we asked for your biggest money questions, which we're answering with financial adviser and friend of the podcast, Lisa Conway-Hughes. This is Lisa’s advice firm LCH/WEALTH: https://lchwealth.co.uk Set up a Financial Diagnosis Session with Lisa via her assistant Abi: abi@lchwealth.co.uk Correction: At 5:06 Lisa misspoke and said Tom would need 12-24k for 3-6 months of expenses as an emergency fund. She meant to say 6-12k (as in her example he'd have 2k expenses per month). 🎉 Sponsors Franchise Exhibition - go for free: ⁠⁠⁠⁠https://www.franchiseinfo.co.uk/franchise-exhibitions/the-british-international-franchise-exhibition/⁠⁠⁠⁠ TaxZap - Do your self-assessment by Jan 31 & use code MONEY10: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://makingmoney.email/taxzap⁠⁠⁠⁠⁠⁠⁠⁠⁠ Vanta - Get your company secure and compliant:⁠⁠⁠⁠ ⁠⁠⁠⁠⁠https://vanta.com/makingmoney⁠⁠⁠⁠ – If you purchase a product or service using one of the links above (including Lisa's firm LCH Wealth), we may receive a commission. 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. 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. Chapters: 00:00 - Franchise Exhibition ad 00:39 - Happy New Year 03:29 - House or Pension at 30 09:56 - Rent vs Buy 15:08 - Salary Sacrifice rules have changed 16:56 - TaxZap ad 18:10 - How to derisk for retirement 22:10 - Running out of money 27:22 - How to retire early 29:37 - Pensions savings at 30/40/50 33:07 - Self-employed and pensions 38:11 - Vanta ad 39:16 - Will you get a state pension? 42:12 - Tax trick for low earners 46:45 - How to stop worrying about money? 49:55 - Know your number 54:19 - Can you spend more? 59:02 - How to pay less tax in retirement 01:02:33 - Pension or ISA? 01:04:22 - Inheritance tax 01:06:20 - Where to save to pay less tax? 01:07:15 - Basic money principles
    Show More Show Less
    1 hr and 14 mins
  • How 2025 Changed How We Think About Money
    Dec 29 2025
    It’s our final episode of 2025! To celebrate, we’ve brought back the hat to answer your questions. What’s been our favourite episode? Which guest completely changed our mind? And would we rather fight a duck-sized bear or a bear-sized duck? Plus, watch out for an incredible reveal from T… enjoy! 📩 We want to hear more from you in 2026. If you’ve had a big financial lesson you’d like to share with us, email our producers Ruth and Emma at ruth@getmost.co.uk 🎉 Sponsors Franchise Exhibition - go for free: ⁠⁠⁠⁠https://www.franchiseinfo.co.uk/franchise-exhibitions/the-british-international-franchise-exhibition/⁠⁠⁠⁠ TaxZap - Do your self-assessment by Jan 31 & use code MONEY10: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://makingmoney.email/taxzap⁠⁠⁠⁠⁠⁠⁠⁠⁠ Vanta - Get your company secure and compliant:⁠⁠⁠⁠ ⁠⁠⁠⁠⁠https://vanta.com/makingmoney⁠⁠⁠⁠ – If you purchase a product or service using one of the links above, we may receive a commission. 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. 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. Chapters: 00:00 - Franchise Exhibition ad 00:39 - Our favourite episode 07:10 - Why we get along 10:35 - Vanta ad 11:39 - 2025 Proudest Moments 14:03 - 2025 Mistakes 21:08 - Long v short term 24:44 - What we’ve changed 34:43 - TaxZap ad 36:00 - What’s changed our mind? 37:29 - Hair transplant 41:53 - What we want to do in 2026 43:22 - What if we were in charge? 49:23- Duck-sized bear or a bear-sized duck? 51:54 - 2026 market predictions 52:29 - T’s military camp experience 54:57 - 2026 resolutions
    Show More Show Less
    59 mins
  • ARCHIVE: I Did Everything Right...Then Lost Nearly £20,000!
    Dec 22 2025
    Amy is a member of the Making Money audience. Many of us have made mistakes in our investing journey but not everyone is brave enough to come on and tell us about it. This episode was first published in November 2024 If you’ve had a big financial lesson like Amy and you’d like to share it with us, email our producers Ruth and Emma at ruth@getmost.co.uk 🎉 Sponsors Franchise Exhibition - go for free: ⁠⁠⁠⁠https://www.franchiseinfo.co.uk/franchise-exhibitions/the-british-international-franchise-exhibition/⁠⁠⁠⁠ TaxZap - Do your self-assessment by Jan 31 & use code MONEY10: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://makingmoney.email/taxzap⁠⁠⁠⁠⁠⁠⁠⁠⁠ Vanta - Get your company secure and compliant:⁠⁠⁠⁠ ⁠⁠⁠⁠⁠https://vanta.com/makingmoney⁠⁠⁠⁠ – If you don’t know Bill’s work here’s where I suggest you start:The Four Pillars of Investing: https://amzn.eu/d/hKCTHVJ The Intelligent Asset Allocator (recommended by Jack Bogle himself): https://amzn.eu/d/6NKLjTu The Investor’s Manifesto: https://amzn.eu/d/3kDgo57 – If you purchase a product or service using one of the links above, we may receive a commission. 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. 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. Chapters: 00:00 - Moneyweek ad01:07 - 15 years in an index fund 09:15 - Pulling out in a crash 17:58 - Taxzap ad 19:12 - Looking for advice online 29:25 - Stock picking 36:26 - Vanta ad 37:40 - Knowing when to sell 44:03 - Making mistakes 54:33 - How much money did Amy lose? 59:19 - Lessons
    Show More Show Less
    1 hr and 8 mins
  • If You Understand This, You’ll Never Fear a Market Crash Again
    Dec 15 2025
    Most of us just want to know one thing: what’s the best way to invest? Decades ago, William J. Bernstein had the same question, so he decided to find out. That led him to become an early supporter of the simple, evidence-based approach: keeping costs low, diversifying widely, and not trying to beat the market. It’s basically the philosophy behind modern index investing and he shared it through several classic books, including The Four Pillars of Investing. 🤝 Learn about our financial adviser services & book free consultation: ⁠https://makingmoney.email/financial-advisors-audio⁠ 🎉 Sponsors Franchise Exhibition - go for free: ⁠⁠⁠⁠https://www.franchiseinfo.co.uk/franchise-exhibitions/the-british-international-franchise-exhibition/⁠⁠⁠⁠ TaxZap - Do your self-assessment by Jan 31 & use code MONEY10: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://makingmoney.email/taxzap⁠⁠⁠⁠⁠⁠⁠⁠⁠ Vanta - Get your company secure and compliant:⁠⁠⁠⁠ ⁠⁠⁠⁠⁠https://vanta.com/makingmoney⁠⁠⁠⁠ – If you don’t know Bill’s work here’s where I suggest you start:The Four Pillars of Investing: https://amzn.eu/d/hKCTHVJ The Intelligent Asset Allocator (recommended by Jack Bogle himself): https://amzn.eu/d/6NKLjTu The Investor’s Manifesto: https://amzn.eu/d/3kDgo57 – If you purchase a product or service using one of the links above, we may receive a commission. 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. 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. Chapters: 00:00 - Moneyweek Ad 01:07 - Learning How To Invest 05:07 - What To Read (And What Not To Read) 09:07 - Ignore Forecasts 12:07 - The Biggest Risk In Investing 16:59 - Vanta Ad 18:12 - Should you be in 100% Equities? 24:03 - How To Fight Inflation 29:28 - Bitcoin 32:18 - Learning From History 35:49 - TaxZap Ad 37:03 - Are Too Many People Passive? 43:50 - Don’t Invest To Get Rich 46:07 - Returns Over The Next 100 Years 49:52 - Will You Survive Retirement? 01:00:23 - Why Young People Want A Bad Stock Market
    Show More Show Less
    1 hr and 13 mins
  • Most People Don't Understand What Money Actually Is
    Dec 8 2025
    How To Own The World’ was probably the biggest influence on me getting into investing. Its author, Andrew Craig, has now released a new edition tailored for readers under 30 (https://amzn.eu/d/4QqRHdJ). 🤝 Learn about our financial adviser services & book free consultation: ⁠https://makingmoney.email/financial-advisors-audio⁠ 🎉 Sponsors Franchise Exhibition - go for free: ⁠⁠⁠⁠https://www.franchiseinfo.co.uk/franchise-exhibitions/the-british-international-franchise-exhibition/⁠⁠⁠⁠ TaxZap - Do your self-assessment by Jan 31 & use code MONEY10: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://makingmoney.email/taxzap⁠⁠⁠⁠⁠⁠⁠⁠⁠ Vanta - Get your company secure and compliant:⁠⁠⁠⁠ ⁠⁠⁠⁠⁠https://vanta.com/makingmoney⁠⁠⁠⁠ – If you purchase a product or service using one of the links above, we may receive a commission. 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. 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. Chapters: 00:00 - The Power of Compounding 06:47 - The One Rule For Investing 10:59 - Wealth And Money 16:06 - Vanta ad 17:17 - Capitalism And Prosperity 23:21 - Index Funds 31:18 - TaxZap ad 32:34 - Saving the UK Economy 43:06 - Wealth Inequality 51:13 - Wealth And Value 54:57 - Tax Wealth or Work? 58:35 - What You Should Know at 25
    Show More Show Less
    1 hr and 3 mins
  • How Worse Off Will You Be After the Budget?
    Dec 2 2025
    Who are the winners and losers of the Budget? What happened to growth? Will the tax changes actually happen? We sat down with Helen Miller, Director of the Institute for Fiscal Studies (IFS) to answer your questions. 🤝 Learn about our financial adviser services & book free consultation: ⁠https://makingmoney.email/financial-advisors-audio⁠ 🎉 Sponsors Franchise Exhibition - go for free: ⁠⁠⁠⁠https://www.franchiseinfo.co.uk/franchise-exhibitions/the-british-international-franchise-exhibition/⁠⁠⁠⁠ TaxZap - Do your self-assessment by Jan 31 & use code MONEY10: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://makingmoney.email/taxzap⁠⁠⁠⁠⁠⁠⁠⁠⁠ Vanta - Get your company secure and compliant:⁠⁠⁠⁠ ⁠⁠⁠⁠⁠https://vanta.com/makingmoney⁠⁠⁠⁠ – If you purchase a product or service using one of the links above, we may receive a commission. 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. 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. Chapters: 00:00 - What Happened? 06:00 - Doom and Gloom 09:58 - Public Services 16:13 - TaxZap Ad 17:28 - Winners and Losers 21:03 - What About Growth? 27:58 - Mansion Tax 30:23 - Vanta ad 31:34 - Will The Changes Happen? 35:34 - Freezing of Tax Bands 41:00 - Broken Manifesto Promises 44:05 - Salary Sacrifice 48:56 - Tax Complexity 53:40 - Tax Reform 59:44 - Why Don’t Politicians Listen 01:03:34 - ISAs 01:10:40 - What’s The One Thing?
    Show More Show Less
    1 hr and 18 mins
  • Stay Tuned...Budget Special Coming Later Today!
    Dec 1 2025
    Sorry there's no episode for you to get stuck into yet, that's because we're recording a special budget episode with the Director for the Institute of Fiscal Studies, Helen Miller today. We'll be uploading the episode as soon as it is done so stay tuned!
    Show More Show Less
    Less than 1 minute