19 episodes
The Money Shot Damien Fogg
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- Business
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4.7 • 6 Ratings
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You're listening to The Money Shot Podcast with Damien Fogg, Making personal finance and investing easy to understand, less intimidating and even bordering on fun.
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TMS020 Interest Rates
Today we’re talking about interest rates and how they impact both the economy, and us as individuals. Who controls them? Why do they shift up and down? You know. That sort of thing.
In This Episode
How interest rates work in the UK The average interest rate over the last 324 years How banks use interest and your money Savers, borrowers and the economy at large
“The main purpose of changing interest rates is to impact the overall economy”
“We’re pretty much still the lowest rates ever seen”
More Damien
www.theepinvestor.com
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TMS019 Getting Value From Purchases
Getting value from your purchases. That’s the philosophy behind today’s episode. What does that mean in terms of content? Damien is going to tell us how he spends his money! From food and shelter to all of the stupid things we buy, all of it has a value attached, and depending on where you are in the world, that can differ dramatically.
In This Episode
The Basics (Food, Shelter, etc.) Spending big money on cars Finding alternatives for your spending Is hiring a cleaner worthwhile?
“It’s all about attributing worth and value to what it is you’re spending money on”
“We have a huge desire to show off to other people”
“What am I spending my money on? Is it really worth it? Are there alternatives out there?”
“Make sure you’re strong value out of what you’re spending your money on”
Learn more about money
www.theepinvestor.com
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TMS018 Robo Investment Funds
Robo Funds are today’s topic of interest, and Damien can assure you that it does not mean Robocop manages your money. What it does mean is a cheaper, more automated way to invest online. Find out more by tuning in!
In This Episode
What are Robo Funds? The pros and cons of setting one up How do they differ from working with an advisors Is this a good place to get started?
“The biggest part for them to figure out is what your attitude to risk is”
“There are a whole bunch of difference assets out there”
“They do what good financial advisors have been doing for f***ing years”
“You’re putting a lot of faith and trust into the company that’s backing that ETF”
“There’s an awful lot of security that comes from having the biggest people out there looking after your money”
More Damien
www.theepinvestor.com -
TMS016 Loans and Credit Cards
Credit cards and loans are today’s topic on The Money Shot Podcast. From simple to more advanced
In This Episode
Credit cards, why we should clear them quickly, and how. When credit cards can be a great thing to have in your financial arsenal. The slippery slope of payday loans. Using other people’s money to invest. Cars, and the best ways to buy them. Dad jokes.
“In an ideal world, you’d have a credit card because they’re good for your credit file”
“Credit cards tend to be one of the more expensive types of debt you can get”
“If you’ve got good financial discipline, then credit cards are actually quite a good thing to have”
“Just make sure it genuinely is the best deal for you”
More Damien
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TMS015 Preparing For a Mortgage
Welcome back to The Money Shot Podcast! Damien is talking all about mortgage preparation in this episode. It’s actually not as boring as it sounds, in spite of what he’d tell you. He covers a lot of ground in a short period of time on this one, and points out some of the strange quirks of the credit game.
In This Episode
Addressing any issues with your address A special note for entrepreneurs Business expenses and their impact on a mortgage A few ways to better your chances at getting a mortgage, or a better rate on one Do you need a broker?
“Make sure you register wherever you move to”
“The more consistent you can be with your income, the better”
“It’s all just about planning further ahead”
“If it looks like you can’t afford life without using credit cards and loans, that’s a bit of an issue for them”
More Damien
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TMS014 Investing Remotely
Welcome back to The Money Shot Podcast! Damien talks about investing remotely on this episode. He shares his tips and ideas on how to manage your money while you’re travelling, or overseas.
In This Episode:
Damien’s sensibly long trip to Thailand The breakdown of what Damien is attempting to manage remotely The issues he’s been experiencing while managing his money overseas. The purchasing of property during his trip The financial angle of the trip. Rainy sounds.
“Such is life, silver linings and all that crap”
“It takes a little bit of getting used to, but it’s been very doable”
“I don’t bloody know how the postal system works in Thailand yet”
“I’ve been to the coworking space over here. It was perfectly good. It was adequate”
“Do I recommend this whole travelling thing?”
More Damien
www.theepinvestor.com
Customer Reviews
Who'd have thought it could be fun to learn about finance?
I listened to all of these episodes over the past few weeks, (in reserve which is definitely not the way to do it btw). They're packed with information that could be very dull but is delivered in a down to earth, easy to understand way. Damien tells it like it is, doesn't pull his punches but is non-judgemental and encouraging as well as geniunely funny and an all round decent human being. I've tried to listen to other finance podcasts but have never stuck with them as I either get lost or bored and drift off. Damien tries to empower his listeners to take control of their finances, and in turn, their future, by demonstrating how simple it can be. With a bit of guidance to get systems in place, we can all retire before we're too old to enjoy it.
Great pod but...
Really enjoy hearing your podcast and your take on all things finance and investing but the swearing is off putting. Would love to recommend it to friends and family but the language would not be well received.
Excellent approach to finances
This guy has a superb way of approaching everyday finances and his easy, relaxed manner of explaining it all makes it very simple to follow. He gives great advice on how to access where you’re at and how to move forward with your savings and investments. I will certainly be following his advice!