Money Medics: Millennials can save

Ashley Agwuncha and Eve Obasuyi are pharmacists by day, bloggers by night and savers, always. In 2018, they founded the online money tips platform Money Medics, along with Ashley’s brother and Eve’s fiancé Nicholas Agwuncha. Their aim is to debunk millennial money myths.

https://linktr.ee/moneymedics

https://www.instagram.com/moneymedics/

Host: Charlotte Lorimer

Music: Milly Ashbridge

Artwork: Amber Haas

Definitions

Help to Buy: A government-backed initiative designed to help people get on the property ladder or buy a new home without a large deposit.

Mortgage: An agreement that allows you to borrow money from a bank or similar organisation, especially in order to buy a house.

Interest: Money that is charged by a bank or other financial organisation for borrowing money or money that you earn from keeping your money in an account in a bank or from investments.

Credit Score: A number based on information which financial organisations consider in making decisions about lending money.

ETF: Exchange-Traded Fund, a fund that follows the level of share prices on a stock market, and that is also traded on a market.

Articles

How to become a property developer in your twenties: Trio debunk myth that millennials can’t get on housing ladder after saving for a £750k portfolio by ditching lunches out, avoiding peak travel times and only buying clothes in the sales

https://www.dailymail.co.uk/news/article-6683857/Three-millennials-debunk-myth-home-ownership-building-property-portfolio-worth-750k.html

Apps

Monzo

https://apps.apple.com/gb/app/monzo-bank/id1052238659

Starling Bank

https://apps.apple.com/gb/app/starling-bank-mobile-banking/id956806430

Plum

https://apps.apple.com/gb/app/plum-grow-your-money/id1456139507

Moneybox

https://apps.apple.com/gb/app/moneybox-save-and-invest/id1049797239

ClearScore

https://apps.apple.com/gb/app/clearscore-credit-tracker/id1056640628

Hargreaves Lansdown

https://apps.apple.com/gb/app/hargreaves-lansdown/id450465506

Wealthify

https://apps.apple.com/gb/app/wealthify-saving-investments/id1204332482

Wealthsimple

https://apps.apple.com/ca/app/wealthsimple-invest-and-save/id948087968

Nutmeg

https://apps.apple.com/gb/app/nutmeg-saving-investment/id1127250193

Websites

Eventbrite

https://www.eventbrite.co.uk/

Shoptagr

https://beta.shoptagr.com/?source=old_shoptagr

Facebook Marketplace

https://www.facebook.com/marketplace/

Gumtree

https://www.gumtree.com/

eBay

https://www.ebay.co.uk/

Trainline

https://www.thetrainline.com/

The information provided is for educational purposes only and does not constitute financial advice. The views expressed in this podcast are our own, not those of the firms we work for.