100 episodes

Money Tips by Charles Kelly, author of Yes, Money Can Buy You Happiness.  Charles spent over 25 years in financial services working for banks, Insurance companies and as a qualified Independent Financial Adviser running his practice, before setting up his speaking, consultancy and property business.  Money Tips will help you save, make and accumulate more money whether you are a business owner, entrepreneur, employee or still searching for your vocation.   For more tips and information visit Mondeytipsdaily.com. The Information given in this podcast is for your entertainment and should not be construed as financial advice. As always, take independent financial advice before making any investment decisions.

Money Tips Podcast Charles Kelly

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    • 5.0, 2 Ratings

Money Tips by Charles Kelly, author of Yes, Money Can Buy You Happiness.  Charles spent over 25 years in financial services working for banks, Insurance companies and as a qualified Independent Financial Adviser running his practice, before setting up his speaking, consultancy and property business.  Money Tips will help you save, make and accumulate more money whether you are a business owner, entrepreneur, employee or still searching for your vocation.   For more tips and information visit Mondeytipsdaily.com. The Information given in this podcast is for your entertainment and should not be construed as financial advice. As always, take independent financial advice before making any investment decisions.

    You Don't Make a Billion You Take a Billion by Paying Slave Wages

    You Don't Make a Billion You Take a Billion by Paying Slave Wages

    Is this statement made by an American politician accurate?

    By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

    In this Money Tips Podcast episode:
    Do billionaires make their money paying “slave wages”, as per Alexandria Ocasio-Cortez?
    Bill Gates and Henry Ford paid higher than average wages and made a lot of people rich
    The rich in the UK pay millions in taxes – David Beckham, JK Rowling and Sir James Dyson
    Top 1% of UK earners pay 28% of all income taxes
    Taxes are necessary and should be fair

    ”You don’t make a billion, you take a billion and make things by paying people slave wages that they can barely live on” a politician recently claimed. 

    You might be forgiven for thinking that the statement came from Jeremy Corbyn or somebody in Venezuela, but it actually came for an American Congresswoman Alexandria Ocasio-Cortez. 

    She has been accused of promoting dangerous radical left-wing policies, not that different from European social democratic views - free healthcare, college education, higher taxes for the very wealthy and more control over the financial sector. 

    She won her seat against all the odds with little or no funding and was actually working as a waitress before being elected.

    However, to say that all billionaires make their money off the back of slave labour and below minimum wage pay is a little unfair.

    Henry Ford actually increased wages and attracted thousands of workers to Detroit area, building forward into a multibillion-dollar company which produced cars for the masses. He was instrumental in building the American economy into a superpower through innovative mechanisation and assembly line manufacturing methods.

    I don’t think you could accuse Bill Gates of paying low wages when the company has actually created thousands of millionaires through their stock options.

    People are queueing up to work for the likes of Google and Facebook because their pay and benefits are out of this world.

    According to the Sunday Times new tops taxpayer list, Stephen Ruben the majority shareholder of JD sports paid £181 million in tax last year.

    British billionaire Denise Coates, who built her own business from a small family concern to multi-billion company, just paid £156 million in taxes.‬

    Sunday Times list of highest taxpayers in the UK demonstrates that high earners contribute billions to the UK economy in productivity and net taxes.

    Richest 1% in the UK contribute 28% of all income tax with notable high taxpayers like Sir Janes Dyson, David and Victoria Beckham and J. K. Rowling.

    Billionaire businessman so Jim Ratcliffe have a tax liability of £110.5 million and Mike Ashley, founder of sports direct and owner of Newcastle football club paid over £30 million in taxes last year.

    Politicians who go on about the rich “paying their fair share “should focus on the amount of tax collected rather than the tax rate.

    If you hike up the tax rate to a top rate of 98%, as it was in the 1970s, all you do is drive away wealthy people and more importantly investment.

    This has nothing to do with politics, it’s just common sense.

    It has been recently demonstrated by the increase in stamp duty for multi million pound properties. What happened? The tax take went down.

    Of course, we need taxes to run the country, but they need to be fair and balanced so that people have an incentive to work hard and build businesses. Countries like Hong Kong and Singapore attract businesses because they have an attractive tax system, which taxpayers have no need to evade.

    If you subscribe to the politics of envy, believing that all rich people are evil and crooked, how can you be wealthy and successful yourself?

    I talk about this in my book, yes, money can buy happiness, where we explore the mindset of money and success.

    Can you afford to r

    • 15 min
    Unemployment Claims Nearly Double to 2 million Despite Furlough

    Unemployment Claims Nearly Double to 2 million Despite Furlough

    The number of people claiming unemployment benefit has soared by 856,500 to over 2 million months, according to figures released by the Office for National Statistics (ONS), after the UK had recorded record numbers of people in work. Add this to over 6 million on furlough and 2 million self-employed claiming the bounce back loan or other support programmes we now have 10 million economically inactive workers in the UK.

    Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period. 

    Are you ready to adapt to the new economic model?

    As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution? 

    In this Money Tips Podcast episode:

     
    2.1 million now claiming state benefits such as Universal Credit
    Self-employed grant claims top 2 million with £6 billion paid out in claims
    6 million on job furlough scheme but 1 in 5 firms plans job cut this summer
    US jobless reach 33 million, while Germany, Japan join UK in deep recession 
    Most people have zero savings or back-up plan to cope with unemployment
    Property market up and running again but prices could plummet 20% this year
    Tenant demand increases after a quiet period in the early stages of lockdown 
    VE Day gives Children opportunity to learn about wartime rationing and values 
    Will your job be one of millions phased out by automation, innovation and AI?
    You can create a second income or get into property during the lockdown…

     

    Can you afford to retire?

    Millions of people, or over 80% of the population, will either retire in poverty or not be able to afford to retire at all. What’s your strategy?

    Quit the rat race and retire early

    You can learn how to build a second income, acquire cash flow generating assets using leverage in order to quit the rat race and become financially free. This crisis has taught us that the only way to be truly financially free is to build your own source of passive and semi-passive income, rather than working on someone else’s passive income. 

    If you’d like more information on how to quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community.

    See more articles at www.moneytipsdaily.com

    By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

    There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

     

    • 20 min
    Bank of England warns of 30% drop in GDP, is anywhere safe to put your money?

    Bank of England warns of 30% drop in GDP, is anywhere safe to put your money?

    With leaders driving the economy into almost certain depression by shutting down their country’s economies, you’d be forgiven for believing in the Coronavirus conspiracy theorists, like David Icke, that this is a deliberate plan to destroy the world order as we know it!

    Cash is King!

    By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

    In this Money Tips Podcast episode:

     
    Where can you put your money that is safe from the coming depression?
    BoE predict 30% fall in first 6 months and 15% fall in 2020 - highest ever
    I’m telling it like it is and do not dress up the facts with “positive” crap!
    Stock market prices are still way overvalued are likely to crash deeper
    “Buffett predictor” of imminent market crash is at highest level for 50 years
    What about shares, Bonds, Gold, Silver, Bitcoin, Property and bank deposits?
    UK Bank deposits government protected up to £85,000 per depositor per bank 
    Chancellor is bound to slash government aid for business furlough scheme soon
    Businesses need end to lockdown to get back to work now to come off state aid
    6.3 million furloughed on Job Retention Scheme costing us billions every month
    Builders stuck due to lack of materials while supermarket chains can sell everything
    Why opening a shop in the High Street is financial suicide for most business start-ups
    Your best investment could be investing in yourself through education to make money

     

     

    Can you afford to retire?

    Millions of people, or over 80% of the population, will either retire in poverty or not be able to afford to retire at all. What’s your strategy?

    Quit the rat race and retire early

    You can learn how to build a second income, acquire cash flow generating assets using leverage in order to quit the rat race and become financially free. This crisis has taught us that the only way to be truly financially free is to build your own source of passive and semi-passive income, rather than working on someone else’s passive income. 

    If you’d like more information on how to quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community.

    See more articles at www.moneytipsdaily.com

     

    • 23 min
    It's Never Too Late to Start Investing as Elon Musk of Tesla Has Proved

    It's Never Too Late to Start Investing as Elon Musk of Tesla Has Proved

    By Charles Kelly, Property Solutions Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

    In this Money Tips Podcast episode:

     
    Tesla overtakes Volkswagen to become the world’s second largest car manufacturer 
    People who say “it can’t be done nowadays” or “it was alright in your day” are wrong!
    Most valuable companies, Apple, Microsoft, Amazon are relatively new to the market
    Never too late for you to get started investing in property, e.g. to build a pension
    Contact me if you want to get started in property using none of your own money

     

    See also my YouTube Channel: Will house prices rise or fall in 2020?

    Can you afford to retire?

    Millions of people, or over 80% of the population, will either retire in poverty or not be able to afford to retire at all. What’s your strategy?

    You can learn how to acquire income producing assets using other people’s money and other no money down strategies in order to become financially free.

    Smart investors are using these creative finance, ‘no money down’ tools to build massive property portfolios in a few short years, as their hands are not tied by mortgage lenders and the need to save large deposits and pay higher taxes. 

    Before you buy another, or your first, property, take time out to learn proven successful strategies from expert multi-millionaire property investors on a free taster ‘property discovery day’.

    If you’d like more information on how to acquire wealth building assets using none of your money, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community.

    See more articles at www.moneytipsdaily.com

    There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. 

    • 22 min
    Coronavirus Borrowing Cost Will Reach Wartime Levels And Plunge Country Into Generational Debt - £298 Billion and Counting

    Coronavirus Borrowing Cost Will Reach Wartime Levels And Plunge Country Into Generational Debt - £298 Billion and Counting

    Are you ready to adapt to the new economy? Build a second income source fast. Register for a free training session to learn more about how to survive and thrive in the changing property market - https://bit.ly/2ApM4LH

    By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

    In this Money Tips Podcast episode:

     
    Cost of Coronavirus to the UK government has risen to £123 billion
    Borrowing for this year expected to reach a staggering £298 billion!
    The UK’s World War 2 debt to the US took 61 years to be paid off by 2006
    UK annual borrowing will hit 15.2% of economy, highest since WW2’s 22%
    Further billions will be spent by taxpayers to cover bad bank debt and benefits
    Rishi Sunak confirms the UK economy is in recession with 6 million unemployed
    1 in 4 US workers now claiming benefits as jobless figures soars by 3 million to 36M
    As WHO says Coronavirus will “never go away” we need to adapt to a new economy
    The UK property market is changing rapidly and will not go back to pre-coronavirus
    How can you benefit from the changing property market? Free seminar by experts

     

    Register for a free training session to learn more about how to survive and thrive in the changing property market - https://bit.ly/2ApM4LH

    Can you afford to retire?

    Millions of people, or over 80% of the population, will either retire in poverty or not be able to afford to retire at all. What’s your strategy?

    Quit the rat race and retire early

    You can learn how to build a second income, acquire cash flow generating assets using leverage in order to quit the rat race and become financially free. This crisis has taught us that the only way to be truly financially free is to build your own source of passive and semi-passive income, rather than working on someone else’s passive income. 

    If you’d like more information on how to quit the rat race, email me at Charles@CharlesKelly.net or send me a message through Facebook or my Money Tips Daily community.

    See more articles at www.moneytipsdaily.com

    https://progressiveproperty.online/offers-property-revolution-web-2-ih-amb-2/amb1927

    • 16 min
    Warren Buffett Remains Cautious On The Economy

    Warren Buffett Remains Cautious On The Economy

    • 22 min

Customer Reviews

5.0 out of 5
2 Ratings

2 Ratings

Eric Heize ,

Real Practical and Contstructive Advise

Charles has a way of conveying infromation in such a laid-back manner with a clear choice of words to appetise everyone's need of this much-needed info.
His podcasts has given me food for thought and truly have impacted in my professional life and career once implemented.

I can't recommend Charles enough.

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