Lytt til The Savvy Wallet Podcast

In this episode we have Debodun Osekita, former trader at Goldman Sachs, founder of stock pickers academy a community that educates you on investing in the stock market, founder of coach cube that helps you prepare for job interviews, he is an investing coach and angel investor. In this episode we discuss: - Why you need to invest - A simple way for you to start investing and building wealth today - How just investing in the S&P 500 isn't enough - S&P 500 vs Global ETF's/Index Funds - Some metrics to consider when looking at investing in individual stocks - Why Trumps tariffs on China is impacting the stock market and much more Connect with Debodun: Instagram: https://www.instagram.com/stockpickersacademy [https://www.instagram.com/stockpickersacademy] Instagram personal: https://www.instagram.com/coachdebs.spa [https://www.instagram.com/coachdebs.spa] 📩 Sign up to my mailing list to be the first to know about upcoming events: http://eepurl.com/hJEcLL [http://eepurl.com/hJEcLL] 🤝 Sponsor Tide - Earn up to 4.48% AER Variable on your business savings here: https://www.tide.co/offers/savvywallet/ [https://www.tide.co/offers/savvywallet/] You'll get a free £100 when you use the code ‘SAVVYWALLET’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply. Save more, earn more—up to 4.48% AER (variable). Interest rates are tiered, with the top rate for balances over £1M. Each tiered rate applies to the portion within that range. New Tide members get these rates free for 6 months; after that, your Tide plan’s rates apply. For the full offer T&Cs visit tide.co/savings. [tide.co/savings.] 🤝Partners Check out our partners who offer Stocks and Shares ISA and more: ⚡️Hargreaves Lansdown ⚡️ http://hl.7eer.net/B0mz50 [http://hl.7eer.net/B0mz50] Capital at risk ⚡️Interactive Investor ⚡️ https://prf.hn/click/camref:1101l3RTLM/ar:SW [https://prf.hn/click/camref:1101l3RTLM/ar:SW] Capital at risk Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. TIMESTAMPS 0:00 - Preview 0:54 - Intro 1:30 - Meet Ex-Goldman Sachs Trader Debodun 5:31 - Lessons from working in Goldman Sachs  11:44 - What is investing? 13:11 - Why should you invest?  14:37 - Investing in the S&P 500 is not enough! 20:11 - Tide Ad 21:40 - Why people are scared of investing? 28:13 - Should everyone have S&P 500 and Global Index fund in their portfolio?  32:12 - The truth about global index funds  37:56 - The case for S&P 500 over Global Index Funds  38:59 - At what point do you invest in individual stocks? 45:17 - The risks of investing in individual stocks  50:42 - Some factors to consider before investing in individual stocks 54:47 - Apple is more valuable than the FTSE 100  58:35 - The Bitcoin cycle 59:55 - Stock prices are irrational 1:05:21 - The impact of getting a stock at the wrong price 1:13:19 - Why is the US & China trade war happening?  1:17:11 - Why are tariffs having an impact on the stock market  1:27:32 - How to manage investing in the tariff situation 1:31:44 - Industries that thrive in difficult markets 1:35:29 - Building wealth from investing in the stock market 1:36:57 - Could the market drop more if more tariffs are introduced  1:37:43 - Industries that I like for the future 1:40:49 - Find out more about stockpickers academy 1:44:59 - Final Words Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

In this episode we have Frederick Afrifa who is a award winning global keynote speaker, TEDx public speaking coach, co-founder of communication coaching business “believe in greatness”, former professional athlete representing Italy and was a candidate on season 19 of The Apprentice 2025. In this episode we discuss - Frederik’s journey to becoming a pro athlete - Hitting rock bottom and wanting to change his life - Quitting athletics to become a public speaker - Habits and techniques to make you a better speaker - The do's and don'ts of speaking - Why he applied twice to The Apprentice - The unfiltered reality of being on The Apprentice - Challenges he faced on The Apprentice and much more! Connect with Frederick: Instagram: https://www.instagram.com/f17_afrifa Linkedin: https://uk.linkedin.com/in/frederick-afrifa-publicspeakingcoach 📩 Sign up to my mailing list to be the first to know about upcoming events: http://eepurl.com/hJEcLL [http://eepurl.com/hJEcLL] 🤝 Sponsor Tide - Earn up to 4.38% AER Variable on your business savings here: https://www.tide.co/offers/savvywallet/ [https://www.tide.co/offers/savvywallet/] You'll get a free £100 when you use the code ‘SAVVYWALLET’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply. The more you save, the higher the rate—up to 4.38% AER (variable) on balances between £500K - £1M. New Tide members receive these rates free for 6 months, then your Tide plan’s savings rate applies. For the full offer T&Cs visit tide.co/savings. Rate correct as of 1st April 2025 🤝Partners Check out our partners who offer Stocks and Shares ISA and more: ⚡️Hargreaves Lansdown ⚡️ http://hl.7eer.net/B0mz50 [http://hl.7eer.net/B0mz50] Capital at risk ⚡️Interactive Investor ⚡️ https://prf.hn/click/camref:1101l3RTLM/ar:SW [https://prf.hn/click/camref:1101l3RTLM/ar:SW] Capital at risk Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. TIMESTAMPS 0:00 - Savvy Wallet Ad 0:18 - Preview 1:32 - Intro 2:08 - Meet Apprentice Star & Keynote speaker Frederick 4:03 - Growing up in Italy 7:33 - How I found myself 8:52 - How I got into athletics 11:25 - Getting my first pro contract at 21 16:52 - Tide Ad 18:15 - How athletics shaped my mindset  19:35 - Why I quit athletics 24:31 - Working 2/3 jobs just to survive then this happened 25:19 - This accident led me to pursue public speaking 28:32 - Hitting rock bottom made me want to change things 30:34 - Challenges of getting into speaking 33:28 - I was working at 60 schools a month!  34:47 - Tips to become a better speaker 37:04 - Speaking confidently as an introvert 39:01 - The do’s and don’ts of speaking  41:37 - Speaking habits you shouldn’t ignore 44:45 - How speaking changed my life 46:08 - My vision as a speaker  49:14 - Why I applied twice to The Apprentice 53:07 - Why I finally got selected for The Apprentice  56:05 - The Apprentice is really intense! 59:17 - Biggest challenge of being on The Apprentice 1:03:35 - Which task was the most challenging on the apprentice  1:08:25 - The most surprising thing about The Apprentice 1:12:06 - What’s Lord Sugar like in person? 1:14:50 - I don’t regret doing this on The Apprentice 1:17:45 - Was I happy with my portrayal on The Apprentice? 1:18:45 - Lord Sugar sharing my speaking pitch 1:20:41 - Memorable parts of the apprentice you didn’t get to see  1:21:41 - Was my firing on The Apprentice fair? 1:26:14 - Dealing with the pressure on The Apprentice 1:27:57 - Who Frederick wants to win The Apprentice  1:28:38 - The impact of being on The Apprentice 1:31:59 - Investing in myself to build wealth 1:38:03 - My plan to scale my wealth  1:44:25 - How Frederick helps people with speaking  1:48:00 - Final words Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

In this episode we have Michael Berhane, a software engineer and founder of POCIT a career platform for the underrepresented in tech. In this episode we discuss: - How he scaled POCIT to 7 figures but then had to PIVOT the business - Dealing with anxiety whilst growing the business - How being a CEO is like being a parent - Wealth building strategy to retire early - Biggest surprises of 7 years of entrepreneurship - How you're losing to people you're better than - Impact AI will have in the next 5 years and more Connect with Michael: Instagram: https://www.instagram.com/michaelberhane_ [https://www.instagram.com/michaelberhane_] Techish Podcast: https://www.youtube.com/@techishpod [https://www.youtube.com/@techishpod] 📩 Sign up to my mailing list to be the first to know about upcoming events: http://eepurl.com/hJEcLL [http://eepurl.com/hJEcLL] 🤝 Sponsor Tide - Earn up to 4.38% AER Variable on your business savings here: https://www.tide.co/offers/savvywallet/ [https://www.tide.co/offers/savvywallet/] You'll get a free £100 when you use the code ‘SAVVYWALLET’ and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply. The more you save, the higher the rate—up to 4.38% AER (variable) on balances between £500K - £1M. New Tide members receive these rates free for 6 months, then your Tide plan’s savings rate applies. For the full offer T&Cs visit tide.co/savings. Rate correct as of 1st April 2025 🤝Partners Check out our partners who offer Stocks and Shares ISA and more: ⚡️Trading 212⚡️(The investing platform I use) Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: https://www.trading212.com/join/SAVVY [https://www.trading212.com/join/SAVVY] If you don't get the free share automatically after depositing £1. Use the code "SAVVY" in the promo code box. You can use this code for up to 10 days after opening the account. When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply. ⚡️Hargreaves Lansdown ⚡️ http://hl.7eer.net/B0mz50 [http://hl.7eer.net/B0mz50] Capital at risk ⚡️Interactive Investor ⚡️ https://prf.hn/click/camref:1101l3RTLM/ar:SW [https://prf.hn/click/camref:1101l3RTLM/ar:SW] Capital at risk Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. TIMESTAMPS 0:00 - Savvy Wallet Ad 0:18 - Preview 1:27 - Intro 2:03 - Meet Entrepreneur Michael Berhane 3:34 - Growing up in North West London 9:37 - How my life experiences shaped me 13:03 - Why I started POCIT 16:46 - Tide Ad 18:10 - How I made me first $100 with my business 21:06 - Why Entrepreneurs should build an audience first! 28:37 - The book that made me quit my job 31:24 - Key Challenges in building my business 37:18 - Founder should share their business with their employees! 38:40 - Pro’s and cons of having a team 42:57 - We generated 7 figures but then how to pivot our business 47:23 - Vision for my business 50:34 - Biggest surprises from 7 years of entrepreneurship 52:55 - Habits, skills that enabled my business to flourish 57:13 - Biggest adversity as an entrepreneur 1:05:00 - Ingredients of a successful entrepreneur 1:09:25 - My building wealth strategy 1:13:34 - Cons of my wealth building strategy 1:18:08 - The plan to retire early! 1:20:45 - Investing startups 1:23:45 - Why I invested in Tressly Co- Founder, Antoinette 1:27:26 - What impact will AI have on the next 5 years 1:32:42 - Final words Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

In this episode we Ian Dempsey, an independent financial advisor with nearly two decades of experience in the financial services industry. He brings a wealth of knowledge garnered from his extensive career, including roles in mortgage advising before venturing into financial advising. In this episode we discuss: - The proposed Cash ISA changes - Overpaying your mortgage vs investing in the stock marker: Pro's and cons - How to decide whether you Overpay your mortgage or Invest - A financial advisor's view on Global Index Funds and ETF’s - Is it ever too late to invest in the stock market - Steps to start investing in the stock market today and more Connect with Ian: Instagram: https://www.instagram.com/idthemoneyman [https://www.instagram.com/idthemoneyman] TikTok: https://www.tiktok.com/@idthemoneyman [https://www.tiktok.com/@idthemoneyman] 📩 Sign up to my mailing list to be the first to know about upcoming events: http://eepurl.com/hJEcLL [http://eepurl.com/hJEcLL] 🤝 Sponsor Tide - Earn 3.81% AER Variable on your business savings here: https://glnk.io/91954/ato8fr [https://glnk.io/91954/ato8fr] You'll get a free £100 when you use the code ‘SAVVYWALLET' and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply. New Tide members receive a 0.77% AER boost on the standard 3.04% AER on unlimited balances until 01/06/25, after that the standard rate applies with no interest earned on balances over £75,000. Rates correct as of 06/02/2025. Terms and conditions apply. Visit tide.co/savings [https://cms.megaphone.fm/organizations/0c7f5008-2b99-11ec-ad9e-a733f256927c/podcasts/4e244c66-1787-11ef-91af-2fe15a647bb2/episodes/15281c42-eccc-11ef-9dde-bb47d01606ca/tide.co/savings] for up to date rates. 🤝Partners Check out our partners who offer Stocks and Shares ISA and more: ⚡️Trading 212⚡️(The investing platform I use) Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: https://www.trading212.com/join/SAVVY [https://www.trading212.com/join/SAVVY] If you don't get the free share automatically after depositing £1. Use the code "SAVVY" in the promo code box. You can use this code for up to 10 days after opening the account. When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply. ⚡️Hargreaves Lansdown ⚡️ http://hl.7eer.net/B0mz50 [http://hl.7eer.net/B0mz50] Capital at risk ⚡️Interactive Investor ⚡️ https://prf.hn/click/camref:1101l3RTLM/ar:SW [https://prf.hn/click/camref:1101l3RTLM/ar:SW] Capital at risk Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. TIMESTAMPS 0:00 - Savvy Wallet Ad 0:18 - Preview 1:24 - Intro 1:59 - Meet Financial Advisor, Ian Dempsey 3:17 - Why I became a financial advisor 10:22 - Lessons from being a financial advisor 15:12 - The Buy Now Pay Later Problem 18:28 - Tide Ad 19:44 - How my clients grew their wealth 25:22 - Challenges my clients faced 27:03 - The rumoured Cash ISA changes are a bad idea 31:41 - How to navigate the Cash ISA changes 38:30 - Instead of changing the ISA do this! 42:37 - Overpaying mortgages vs Investing in the stock market: Pro’s and Cons 46:15 - Overpaying mortgages vs Investing: If interest rates go up 48:06 - Why do people overpay their mortgages? 49:52 - How to decide: Overpay your mortgage or Investing  52:31 - Benefits to invest vs overpaying your mortgage 54:31 - The risks to investing vs overpaying your mortgage  56:58 - Is it ever too late to invest? 1:01:00 - Building wealth even if you start investing later 1:02:22 - How to catch up with your investments  1:06:51 - Everyone should do this with their pension accounts  1:08:51 - Why it’s not the best idea to take on more risk  1:14:16 - Financial Advisors view on Global Index Funds and ETF’s 1:17:05 - Is there an age where it’s risky to invest in Global Index Fund/ETFs 1:19:41 - Message for you: If you feel it’s too late to invest 1:21:46 - Steps to start investing in the stock market today 1:26:55 - Behavioural science of money  1:35:21 - Final words Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]

In this episode we have Benedicta, who is a CIMA Qualified Accountant with over 13 years experience working in Government Finance, she’s a Finance Management Consultant, Public speaker and the founder of Beniratio Finances. In this episode we discuss: - Impact of Personal allowance being frozen - Capital gains tax changes and what that means for you - How businesses, employees and contractors are affected by the National Insurance changes - How to pay less tax in April 2025 - Why you need to build wealth outside of the UK - What to do before and after the 5th April 2025 and much more Connect with Benedicta: Website: https://beniratiofinances.com [https://beniratiofinances.com] Instagram: https://www.instagram.com/beniratiofinances [https://www.instagram.com/beniratiofinances] *NOTE*: Regarding the deferred remittance - According to GOV.UK, UK residents who are non-domiciled can choose to be taxed on the remittance basis, meaning they are only taxed on their UK income and gains, plus any foreign income and gains that they bring (remit) into the UK 📩 Sign up to my mailing list to be the first to know about upcoming events: http://eepurl.com/hJEcLL [http://eepurl.com/hJEcLL] 🤝 Sponsor Tide - Earn 3.81% AER Variable on your business savings here: https://glnk.io/91954/ato8fr [https://glnk.io/91954/ato8fr] You'll get a free £100 when you use the code ‘SAVVYWALLET' and fund the Instant Savings Account with £5,000 within the first 30 days. Ts&C's apply. New Tide members receive a 0.77% AER boost on the standard 3.04% AER on unlimited balances until 01/06/25, after that the standard rate applies with no interest earned on balances over £75,000. Rates correct as of 06/02/2025. Terms and conditions apply. Visit tide.co/savings [https://cms.megaphone.fm/organizations/0c7f5008-2b99-11ec-ad9e-a733f256927c/podcasts/4e244c66-1787-11ef-91af-2fe15a647bb2/episodes/15281c42-eccc-11ef-9dde-bb47d01606ca/tide.co/savings] for up to date rates. 🤝Partners Check out our partners who offer Stocks and Shares ISA and more: ⚡️Trading 212⚡️(The investing platform I use) Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: https://www.trading212.com/join/SAVVY [https://www.trading212.com/join/SAVVY] If you don't get the free share automatically after depositing £1. Use the code "SAVVY" in the promo code box. You can use this code for up to 10 days after opening the account. When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply. ⚡️Hargreaves Lansdown ⚡️ http://hl.7eer.net/B0mz50 [http://hl.7eer.net/B0mz50] Capital at risk ⚡️Interactive Investor ⚡️ https://prf.hn/click/camref:1101l3RTLM/ar:SW [https://prf.hn/click/camref:1101l3RTLM/ar:SW] Capital at risk Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. TIMESTAMPS 0:00 - Preview 0:55 - Intro 1:30 - Meet Accountant Benedicta 8:30 - This is like them taxing you more! 13:41 - Tide Ad 15:07 - Legal ways to reduce taxable income 17:02 - Impact of the employee NI threshold being frozen 19:49 - Council tax going up by 5% 23:50 - This capital gains tax went up by 80%! 27:58 - How not to pay capital gains tax 29:46 - How the increase in capital gains tax changes everything 33:25 - You need to build wealth outside of the UK 36:33 - How to build wealth outside of the UK 42:25 - Using tax free accounts to not pay any tax! 47:33 - Charging employers more impacts the employees! 54:34 - The importance of the employment allowance increasing 56:20 - How NI changes impacts contractors 59:21 - Employee vs Business Owner in the UK 1:01:14 - Subscriber questions 1:05:15 - HMRC Self-Assessment change 1:07:27 - Key actions to take before and after 6th April 1:10:40 - Top tips for minimising taxes in 2025 1:12:28 - Final words Disclaimer: The information contained on this video is not intended as, and shall not be understood or construed as, financial advice. I am not a financial advisor and the information in this video is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation. Learn more about your ad choices. Visit megaphone.fm/adchoices [https://megaphone.fm/adchoices]