1 hr 4 min

How economics really affects you I The Bank of England comes for tea I Economists Rupal Patel & Jack Meaning Making Money

    • Investing

Studies show that basic economic literacy means doing better with money over the long-term. So we invited Bank of England economists, Rupal Patel and Jack Meaning, round to tea to ask them the big questions:

Why does inflation feel higher than it is?

Is raising interest rates the best way to bring inflation down?

Do politicians understand economics?

Should we be optimistic about the UK's future?


Thank you to everyone who sent us their questions.
--
Sponsors
Hostinger (build your website) - and use the code MakingMoney to get 10% off: https://www.hostinger.com/makingmoney
Sensate: Get help with your anxiety & 10% off with the code MM10: https://www.getsensate.com/makingmoney
Unbiased: Get help with your money from a financial advisor: https://www.unbiased.co.uk/makingmoney
Manual: Fix your hair loss with code MM55 via https://bit.ly/48QBBo6.
--
Newsletter
If you want a bullet point summary from this episode, please subscribe to our newsletter: https://makingmoney.email/ep6.
You can find all our previous newsletters on our website: www.makingmoneypodcast.co.uk/episodes.
--
What's your financial health?
Take our quiz: https://makingmoneypod.scoreapp.com/
--
Investment platforms
Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. 
Some of these are affiliate links. If you purchase a product or service using one of these links, we will 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.

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.

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.

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.

Studies show that basic economic literacy means doing better with money over the long-term. So we invited Bank of England economists, Rupal Patel and Jack Meaning, round to tea to ask them the big questions:

Why does inflation feel higher than it is?

Is raising interest rates the best way to bring inflation down?

Do politicians understand economics?

Should we be optimistic about the UK's future?


Thank you to everyone who sent us their questions.
--
Sponsors
Hostinger (build your website) - and use the code MakingMoney to get 10% off: https://www.hostinger.com/makingmoney
Sensate: Get help with your anxiety & 10% off with the code MM10: https://www.getsensate.com/makingmoney
Unbiased: Get help with your money from a financial advisor: https://www.unbiased.co.uk/makingmoney
Manual: Fix your hair loss with code MM55 via https://bit.ly/48QBBo6.
--
Newsletter
If you want a bullet point summary from this episode, please subscribe to our newsletter: https://makingmoney.email/ep6.
You can find all our previous newsletters on our website: www.makingmoneypodcast.co.uk/episodes.
--
What's your financial health?
Take our quiz: https://makingmoneypod.scoreapp.com/
--
Investment platforms
Here are some of the biggest investment platforms in the UK - and Damo uses all of them too. 
Some of these are affiliate links. If you purchase a product or service using one of these links, we will 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.

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.

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.

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.

1 hr 4 min