Shows
Headsup On Money96-The Recipe For Success Is The SameIncreased complexity doesn't mean better in personal finances. Whether you have a £100k pension pot or £1m, the underlying investment principles should hold consistent. Benjamin explains why in this episode. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd! More about me here 🚀Please note th...2025-05-0911 minHeadsup On Money95-Should You Take Your Pension Tax-Free Cash (Lump Sum)?It's one of the most common queries posed by retirees. Surely getting your hands on 25% of your pension tax free is an absolute no brainer, right? In this episode Benjamin discussed the pros and cons to taking your pension tax free cash straight away and hopefully gives you food for thought that it's not as black and white as it may seem. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances do...2025-05-0222 minHeadsup On Money94- Insurance & Trusts, Have You Done This?Is your life insurance or critical illness plan under Trust? Don't even know what that means, let alone why you would do this?! This is the episode for you. Benjamin explains all and outlines the tax savings and headaches this can avoid. As always, free from jargon and guff you don't need. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the onl...2025-04-2514 minHeadsup On Money93- What's The Best Portfolio For You?The answer to this one is perhaps not what you expect. Benjamin explains all in this episode. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd! More about me here 🚀Please note that nothing in this podcast can be relied upon as financial advice and t...2025-04-1817 minHeadsup On Money92- There's No Sense Dwelling On The PastSo we're into the new tax year at last. If you didn't start taking control of your money in the last tax year then you're probably feeling pretty unmotivated right now. In this episode Benjamin explains why it's not sensible to dwell on the past and instead keep your eyes forward and start planning now with a fresh and positive mindset. The new tax year has started, and now is the perfect opportunity. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another fina...2025-04-1109 minHeadsup On Money91 - Current Market Volatility, A Feature Not A BugFor some investors the current market volatility will be their first real taste of portfolio volatility. In this episode Benjamin provides a reminder that what you're currently seeing isn't a bug of the system, it's a feature of investing. Staying true to your financial plan will reward investors in the long-term, even if Donald Trump has other short-term goals. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be com...2025-04-0416 minHeadsup On Money90- Never Had A Pension? Open One Now (Even If You Don't Pay Into It!)As ludicrous as this sounds, if you've never been a member of a registered pension scheme then you should strongly consider opening a pension, even if you elect to pay nothing into it. Why? Because not doing so could hamper your ability to use carry forward in future tax years. This is a time sensitive action and something you should consider doing before the end of the current tax year. Future you will thank you for this one. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to2025-03-2812 minHeadsup On Money89- Pension Carry Forward ExplainedUnderstanding this crucial rule can allow you to pay more into your pension than you may think you're able to. But it's not without its complications and caveats. Wondering where to start and what this rule even means? Benjamin explains all in this episode and as always keeps this as high level as possible, and free from jargon so that you can understand how this might benefit your financial planning. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. ...2025-03-2122 minHeadsup On Money88- Should You Pay Voluntary National Insurance Contributions For Your State Pension?This one is an important one. The opportunity to pay for early missing state pension years is closing on the 5th April 2025. After this date you can only go back the preceding 6 tax years. This might not sound a big deal, but you could be missing out on your full state pension if you don't act now.This episode is your starting point and will help you to consider whether paying for these missing years/gaps is a sensible plan. Here's a link to get your state pension forecast as mentioned in...2025-03-1427 minHeadsup On Money87- The Theories Behind Your Irrational BehaviourFollowing on from last week's episode, here Benjamin outlines the main behavioural finance theories that are impacting our chances of investment success. How many are you guilty of? Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd! More about me here 🚀Please note that nothi...2025-03-0719 minHeadsup On Money86- If Investing Is So Easy, Then Why Aren't We Better At It?By now the diligent money nerds out there should realise that successful investing is really very simple. But in spite of this we still struggle to achieve good investment outcomes. Research shows that investor personal returns are often far less than the returns of the assets they actually invest in. In this week's episode Benjamin explains what may be causing this and why it matters so much to your investment pathway to success. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another fina...2025-02-2815 minHeadsup On Money85- Ridiculous Jargon When It Comes To Your FinancesWith so many acronyms and confusing terms accompanying the world of personal finance it's no surprise so many of us bury our heads in the sand. Thankfully, this episode will explain these apparently complex terms into simple language that you'll understand so you can make better financial life decisions. This one's a fun one. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself wit...2025-02-2120 minHeadsup On Money84- Investing At Retirement, The Logic Doesn't ChangeWhy abandon your investment principles when you reach retirement age? As you near retirement, inevitably there will be products out there that catch your eye, often cleverly marketed to prey on your insecurities and apprehensions going into retirement. Listen to this episode to learn why ignoring them will give your retirement journey the best chance of success. Being a disciplined investor doesn't change when you start to draw down upon your wealth. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mist...2025-02-1412 minHeadsup On Money83 - Better TogetherIn this episode Benjamin chats about why the most rewarding financial plans are created through transparency and planning together. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd! More about me here 🚀Please note that nothing in this podcast can be relied upon as f...2025-02-0712 minHeadsup On Money82 - Changes to Pensions and Inheritance Tax (Will I Now Have To Pay Inheritance Tax on My Pension?)You've potentially heard there are some pretty massive changes coming into effect in April 2027 regarding how your pensions are counted for Inheritance Tax purposes. Wondering what's going on, and whether it affects you or not? If so, what should you now be starting to think about? In this episode Benjamin explains everything you need to think about and do when it comes to planning for the upcoming changes. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on t...2025-01-3126 minHeadsup On Money81- A Word On Buyer's RemorseIn this short episode Benjamin shares a tip on how to work around buyer's remorse. It's unlikely to ever go away in entirety, but recognising its existence is the first step in starting to plan around it. Buyer's remorse will appear at many junctures in your financial plan, as explained in this short and sweet episode, free from jargon as always. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be co...2025-01-2409 minHeadsup On Money80- Who Should Be In Charge Of Our Pensions?The 2024 budget was rife with speculation around pensions... the banishment of tax free cash, the restriction of tax relief, reintroduction of the lifetime allowance. Yo-yo. Swing-swing. U-turn. It's little wonder so many are disenchanted with retirement planning. In this episode Benjamin suggests an alternative way. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money no...2025-01-1719 minHeadsup On Money79- Return on Experience, Not Return on InvestmentIn this episode Benjamin has a suggestion for how to inject some colour and enjoyment into your financial planning. At this time of year it can be pretty hard to motivate yourself when it comes to good financial management, but there is one way to bring some fun to your personal finances. Listen to this episode to understand what you need to do and how to realign your focus to return on experience and not always return on your investment. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he hel...2025-01-1016 minHeadsup On Money78 - Reflecting on 2024 (Takeaways to Help Your 2025 Plans)New Year's Resolutions are hard enough to keep, let alone financial resolutions. With that in mind, in this episode Benjamin ignores corny resolutions and instead looks back at 2024 to review the key learns and takeaways.You can learn from these and take these into 2025 to ensure you remain on the track to financial independence. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself wi...2025-01-0317 minHeadsup On Money77- The 3 Levers That Unlock Great Financial PlanningIgnore the complexity that's out there. Your long-term financial success simply comes down to your ability to pull on the 3 levers mentioned by Benjamin in this episode. So whether you have time on your side, affordability to increase your investment rate, or ability and comfort to increase your growth/risk trade-off, these are the determinants of your financial success. As you'll learn in this episode, your ability to pull on these levers will naturally vary throughout life as your goals and timescales change. Join Benjamin Mitchell (themoneyscot), serial hater of f...2024-12-2019 minHeadsup On Money76- The Importance of Financial Education (With Guest Sarah Marks)In this episode Benjamin is joined by Sarah Marks, CEO of RedSTART Educate to chat about the importance of financial education.Together, they chat about: Why people need to stand up and take notice of their financial planning NOWGone are the days of low effort, maximum reward financial planning (death of the final salary pension scheme) The importance of financial education at a young ageMistakes we've all made when it comes to our money As always - jargon free. If anyone would like to know more about RedSTART and the amazing work they...2024-12-1333 minHeadsup On Money75- Questions To Ask Your Financial AdviserIf you currently work with a financial adviser to help you achieve your financial goals then it can be helpful to put them to the test with these questions. If they can confidently answer these questions then you know you're already working with a great firm. Similarly, if you're considering working with a financial adviser at somepoint, now or in the future, then you should consider asking them these questions. They'll help you feel more confident as you go into a first meeting with them. Knowledge is power money nerds! Join Benjamin Mitc...2024-12-0618 minHeadsup On Money74- Timing The Market: What Happens When You Miss The Best Days?We've all heard the saying time in the market beats timing the market... but how damaging can poor market timing actually be? Surely missing a few of the 'good days' won't matter too much in the grand scheme of things when looking at a 20 year investment timeframe? Wrong. Market mistiming destroys wealth. In this episode Benjamin brings this to life with a case study, with thanks to this incredible resource from Visual Capitalist. The Cost of Timing The Market Join Benjamin Mitchell (themoneyscot), serial hater of financial j...2024-11-2915 minHeadsup On Money73- The Art of WaitingInactivity is inferior to activity. Doing something beats doing nothing. This may be true in other walks of life, but when it comes to your investing journey it couldn't be further from the truth. What can Novak Djokovic's return game teach us about mastering the art of successful investing? It's all here in this episode. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be comp...2024-11-2218 minHeadsup On Money72- The Perils of Risk QuestionnairesRisk Questionnaires are designed to understand more about how you view investing and to guide you to invest in a suitable portfolio. Sounds good in theory doesn't it?In practise however they're extremely dangerous when used in isolation, because they encourage you to view investment risk as a bad thing. In this episode Benjamin explains why you should disregard the word 'risk' from your vocabulary entirely and why investment volatility is a good thing. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps y...2024-11-1513 minHeadsup On Money71- The 1% Tweak (How 1% Per Year Can Net You £178k)What if you didn't need to focus regimentally on curbing your expenditure? Good news - you can still indulge your caffeine fix and frequent your favourite coffee shop every day. Instead, by making a tiny annual tweak to your investment rate, you can impact your long-term planning much more than cutting back on a flat white or 2... And finally, here's the calculator referred to in this episode for you to run your own figures. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make an...2024-11-0819 minHeadsup On Money70- How Does The Budget 2024 Affect You?It's been an eventful week in personal finance. On Wednesday 30th October we had the first labour budget in 14 years. On the face of it there are a lot of changes at play and you're likely unsure which are relevant to you. To help you avoid the noise, in this episode Benjamin walks through the key takeaways of the Budget and how you should react to the changes. And if you stay to the end you'll find out what's actually more important to your long-term financial success. Spoiler - it's not...2024-11-0129 minHeadsup On Money69- Parents Should Watch Out For This Tax Trap (£100 Settlement Rule)If you gift wealth to your children and that wealth isn't held in a tax efficient wrapper (for example a Junior ISA) then you need to be aware of this quirky, lesser-known, tax rule. It isn't as complicated as it sounds, but you need to appreciate how it operates in practise so you can organise your financial planning around it. In this episode Benjamin explains everything you need to think about, jargon-free as always. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make ano...2024-10-2508 minHeadsup On Money68- Missing State Pension Years? Don't Miss Out (Act Before April 2025)Have you got gaps in your National Insurance history which may result in you receiving a lower state pension? You can 'backfill' these gaps, but only as far back as the preceding 6 tax years. However, at the moment a loophole exists that will allow you to go back all the way to 2006. You've only got until April 2025 to do this however and then the opportunity is gone. Benjamin explains all in this episode. Links discussed in the episode: Check your national insurance record here. Get your...2024-10-1815 minHeadsup On Money67- The Upcoming Budget, Keep Your Speculation PositiveThe Labour government's first budget is coming up on the 30th October 2024. There is a lot of negativity in the financial press at the moment and speculation is rife with rumours of changes to Capital Gains Tax, restrictions and caps on pensions tax relief and an overhaul to the long outdated Inheritance Tax regime. What should you pay attention to? What should you ignore? In this episode Benjamin sifts through the noise at the moment and encourages you to remain focused on what truly mattes when it comes to long-term success with...2024-10-1123 minHeadsup On Money66- The Magical Rule of 72It's a simple rule that will allow you to understand how long it'll take for your wealth to double in value. If compound interest confuses you and you've got no desire to understand the underlying mathematics (let's be honest - who does?!) then this is the episode for you. A super helpful cheat sheet that you can apply to your own financial plans. Here's the calculator referred to by Benjamin in this episode. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another f...2024-10-0407 minHeadsup On Money65- Are You Forgetting to Reclaim Higher & Additional Rate Tax Relief? It's a classic mistake made by many. If you're a higher rate or additional rate tax payer then you're entitled to further tax relief which you're maybe not reclaiming. Learn in this episode if this is relevant to you, and how you can go about reclaiming this. Word of warning - you can only go back 4 tax years so do yourself (and your wallet) a favour and look into this now! Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. 2024-09-2711 minHeadsup On Money64- The Top 3 Risks in Retirement (Not What You're Expecting)What do you think the biggest risks affecting retirees is? In this week's episode Benjamin covers the main dangers and pitfalls that retirees need to be aware of. You'll learn that stock market risk shouldn't be a primary concern when it comes to your retirement plan. Understand these 3 risks and you won't go far wrong. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scar...2024-09-2011 minHeadsup On Money63 - Want To Retire Early? Do This FirstIn this episode Benjamin picks up from where he left of last week and summarises the key steps you need to take if you want to retire early. You don't need to do anything particularly clever, but as always the sooner you start the better it will be for future you. By the end of this episode you'll be armed with the perfect recipe for early retirement success. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top...2024-09-1319 minHeadsup On Money62- How To Retire Early When Your Income Suddenly VanishesHave you thought about how your financial picture will look when suddenly your income tap gets turned off? The day will come, but so many of us choose to ignore it. How will you replicate that loss of income? The answer is you need to have sufficient investment capital behind you so that you can live life on your terms and retire with confidence. Budgeting is the first step to getting there and in this episode Benjamin explains why. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as h...2024-09-0617 min
The Elite Recruiter PodcastSuccess, Challenges, and Building a First-Class Recruitment Business with Stuart MitchellHave you ever wondered what it takes to build a successful recruitment business from scratch and steer through the complexities of the ever-changing recruitment landscape?
Finish The Year Strong Summit - https://finish-the-year-strong.heysummit.com/
In this latest episode of The Elite Recruiter Podcast, our host Benjamin Mena is joined by Stuart Mitchell, the founder of Hampton North—a leading cybersecurity-focused recruitment firm. Today’s recruitment professionals face numerous challenges, from handling rejections and market fluctuations to building a reliable and high-performing team. Stuart’s rich experie...2024-09-041h 01Headsup On Money61- The First Steps You Need To Take To Retire EarlyIn this episode Benjamin discusses retiring early and what it means to different people. Good financial planning can give you independence and win you time to spend it as you wish, whether that's working (because you enjoy work), volunteering or quitting work completely.But you should ask yourself this first. There's also a shout-out to married couples at the start of the episode and a reminder that marriage presents new opportunities with your financial planning. Here's a link to an earlier episode on this very subject. Join Benjamin Mitchell (th...2024-08-3014 minHeadsup On Money60- Why Pensions Shouldn't Scare YouContinuing our 'Masterclass' series, in this episode Benjamin tells you everything you need to know about pensions. Even the word pension strikes fear into the heart of many. But it shouldn't. Pensions are incredibly tax efficient and using them well is what separates the amateurs from the money nerds out there. Confused by tax relief, tax free cash and what happens to your pension when you die?This is the episode for you to change your opinion on pensions. And as always, jargon is never welc...2024-08-2325 minHeadsup On Money59 - Beware of Financial InfluencersIn this episode Benjamin explains why you should approach online financial advice with a healthy dose of scepticism. Social media is currently rife with financial influencers ('finfluencers') sharing secrets of overnight success when it comes to investing. Taking this level of risk with your lifetime wealth is investment suicide. Here's why you shouldn't believe everything you read/watch. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your pers...2024-08-1609 minHeadsup On Money58- Masterclass on DividendsYou're probably familiar with the term 'dividends', but how much do you actually understand and how much is conjecture? In this week's episode Benjamin provides a masterclass 101 on everything you need to know about the humble dividend, how they're taxed and planning ideas to avoid paying too much in dividend tax now that the dividend tax regime is tighter than ever before. It's all here in under 20 minutes. Here's the link to the resource mentioned in this episode on JP Morgan's Guide to the Markets. Check out page 90 specifically!Money novice...2024-08-0917 minHeadsup On Money57- Have You Thought About Pensions For Your Children or Grandchildren?In this episode Benjamin explains why pensions aren't just for retirees and can in fact be used by any generation. When used effectively they can result in huge tax savings for you and your next generation. If you haven't thought about the role pensions can have for your children and grandchildren before then this is the episode to get started with. It's not as complicated as it might seem. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. ...2024-08-0213 minHeadsup On Money56- Masterclass, Everything You Need To Know About JISAsContinuing with our Masterclass series, in this episode Benjamin explains what the JISA is and how these tax-exempt wrappers can be used to plan for your children or grandchildren's futures. As always, there are some caveats around whether they will be relevant for your own situation, but Benjamin explains here the pro's and con's in his classic no-nonsense, no-jargon way.Listen up to become an expert on all things Junior ISA. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. 2024-07-2616 minHeadsup On Money55 - ISA Masterclass, Understanding The Humble ISAIn this episode Benjamin explains everything you need to know about the humble (or indeed not so humble) ISA or 'Individual Savings Account' to give it its full name! This episode explains what an ISA is, how they can help with good financial planning and also some of the quirks in the ISA regime that can be used for your benefit. It's all here in this episode. ISA money nerd in 20 minutes. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mist...2024-07-1917 minHeadsup On Money54- Are You Guilty Of These Investing Mistakes (Pt 2) ?We continue where we left off last week and re-join our countdown of the top 20 investment mistakes made by investors. Are you guilty of forgetting about inflation, letting your emotions run wild and chasing headline yields?In this episode Benjamin covers numbers 11-20. Here's the resource mentioned in this episode. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the o...2024-07-1218 minHeadsup On Money53- Are You Guilty Of These Investing Mistakes (Pt 1) ?This episode covers the classic investing mistakes that money novices make. How many are you guilty of? Benjamin covers topics such as erroneously timing the markets, failing to keep an eye on your costs and worrying too much about taxes. 1-10 will be covered in this week's episode, with 11-20 covered next week. Here's the resource mentioned in this episode. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal f...2024-07-0523 minHeadsup On Money52- Retirement Living Standards (Have You Thought About What You'll Need?)Would you rather have a minimum, moderate or comfortable standard of living in retirement? Silly question?The strangest thing however is so few of us actually start planning with the end in mind. Have you ever actually considered 'how much' you'll need in retirement or are you saving blindly every month and hoping for the best?! Here's the research mentioned in this episode. It's well worth a read to help bring your needs to life and help conceptualise where you're going. Because if you don't know what you're working towards then h...2024-06-2819 minHeadsup On Money51- The Upcoming General Election and Your PortfolioWe're entering a phase of increased noise and distraction in the UK at the moment. But what do you need to be thinking about as we near our next general election? In this episode Benjamin explains why politics should be regarded completely separate to your financial plan. We can become engrossed in short-termism and home country bias. This episode will help you to take a necessary step back. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. 2024-06-2115 minHeadsup On Money50- Outliving Your MoneyThis episode concludes our 'mini-series' on risks to be aware of in retirement. Longevity risk is the risk that your investments won't last as long as you live. So what does that mean for your financial plan? In this episode Benjamin explains the real risk is the risk of 'low returns' and if you are to have any chance of combatting longevity risk then you need to stay true to the fundamental principles you've adhered to pre-retirement: trust in the long-term and relying on the wealth creation engine that is the stock market. 2024-06-1414 min
Pivoting to WEB3AI: Successful Implementation with Benjamin Bohman and Donna MitchellSummary:Welcome to another insightful episode of "Pivoting to Web3" with your hosts, Donna Mitchell and Benjamin Bohman. Today, we have a captivating discussion lined up featuring Benjamin Bohman, the founder of Stratashield AI and a technology strategist with over two decades of expertise. In this episode, Benjamin shares his wealth of knowledge on implementing AI, cybersecurity, and other technologies, offering free consulting services to help businesses make informed decisions.We'll delve into Benjamin's vision of using blockchain and AI to decentralize healthcare records, giving individuals greater control over their data. He will...2024-06-1145 minHeadsup On Money49 - Sequencing Risk Explained & Why It MattersIn last week's episode Benjamin explained that the risk of running out of money doesn't just come down to market risk. You need to understand something called 'sequencing risk'. Fear not, it's not as complicated as it sounds.It is however a tricky issue to navigate in any retirement plan, so arming yourself with the fundamentals is key. Fortunately this episode helps you do exactly that. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top...2024-06-0715 minHeadsup On Money48- How To Avoid Running Out Of MoneySo you've worked hard all your life to build up a healthy level of investments and pensions. Naturally, the biggest worry you'll then have is how to make sure your wealth lasts for life. How can you avoid running out of money when there are so many unknowns? You don't know how long you will liveYou don't know how markets are going to performYou don't know how inflation is going to behave. How can you develop a solid financial plan amidst all this uncertainty?!This episode provides a backdrop to...2024-05-3117 minHeadsup On Money47- Big QuestionsIn this episode we take attention away from the good practises, behaviours and actions you should adopt with your financial planning and instead take a big step back to ask what is it all for?Have you asked yourself these important questions? If not, then now is the time. If not today then when? Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or...2024-05-2421 minHeadsup On Money46- All That Glitters Is Not GoldIn this episode Benjamin explains what is meant by investing in gold and why doing so could be a costly distraction to you securing long term financial independence. As you'll see, gold doesn't glitter quite as much as you may think it would... Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money n...2024-05-1715 minHeadsup On Money45- Things To Think About As A Buy-To-Let InvestorOne of the most common questions my clients ask me is: 'should I invest more in property?' Property is a solid inflation hedge, can offer rental income and capital appreciation and can nicely diversify your stocks and shares portfolio...BUT. Are you aware of the drawbacks before you embark on this potentially costly and hassle heavy strategy? Benjamin explains everything you need to know in this episode.Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial m...2024-05-1024 minHeadsup On Money44- Don't Let The Tax Tail Wag The Investment DogTaxes, taxes taxes. Nobody likes paying them, but they're an inevitable part of any good financial plan. In this episode Benjamin explains why focusing solely on taxes can be detrimental to your plan and why there are more important ingredients for success. What are they? This episode explains all. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you nee...2024-05-0314 minHeadsup On Money43- The Costs of Financial ProcrastinationTime is money. Timing the market beats time in the market. Want to know how 5 years can cost you £119k? This is the episode for you. Don't procrastinate and say you'll listen to this tomorrow. Act now! Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money...2024-04-2615 minHeadsup On Money42- Fund FundamentalsYou've heard of 'funds' before but how confident are you on what it actually means? Funds are vital building blocks for your long-term financial plan, but you need to understand what they are and which funds are suitable for you. In this episode Benjamin shares the summary in a classic no-nonsense, no-waffle way . By the end you'll be far more confident about what to do next. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of you...2024-04-1916 minHeadsup On Money41- Understanding The Money Purchase Annual Allowance (MPAA)The Money Purchase Annual Allowance (MPAA) is one of the more bizarre rules and common trip hazards when it comes to our pensions. You need to understand what it is before you take any pension benefits from a pension. Why? Because triggering the MPAA can result in costly complications and hefty tax charges. Fear not though, it's not as complicated or dull as it may seem. Benjamin explains all you need to know in under 20 minutes. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to...2024-04-1218 minHeadsup On Money40- The Perils Of Pension LifestylingPension lifestyling is an investment strategy that automatically moves your pension out of 'higher risk' assets into 'lower risk' assets as you reach pension age. It makes sense doesn't it? In this episode Benjamin explains why you need to go into this strategy with your eyes open and how a simple tick-box could end up costing you thousands over your investment lifetime. Knowledge is power! Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of y...2024-04-0519 minHeadsup On Money39- Positive Changes To Child BenefitThe child benefit system is changing for the better. In this episode Benjamin explains what child benefit is and the nasty 'high income child benefit charge' that often arises. Are you aware of the changes coming into effect and what this might mean for your family? Consider this your official no-nonsense debrief. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with...2024-03-2922 minHeadsup On Money38- The Pros and Cons To Owning SharesShares are great for building long-term wealth and beating the Terminator of Wealth that is inflation. But they also have quite a few drawbacks too, which can cost you. Luckily there is a solution. Benjamin explains what that is in this episode. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from mone...2024-03-2213 minHeadsup On Money37- The Most Important Step When It Comes To Your PensionHow do you make sure that your loved ones get their hands on your pension in the most tax-efficient way? This is so easy to do but yet so many of us just aren't aware of it. Your pension doesn't fall under your Will, so you need to be aware of this. Listen for the only summary you need to know, as always sans financial BS! Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Gett...2024-03-1515 minHeadsup On Money36- Use It Or Lose It Before The End of The Tax YearIt's the most important time of the year when it comes to personal finances.The new tax year is almost upon us. Are you aware of the freebies and allowances you'll lose come the 6th of April? Act now before it's too late (well... perhaps listen to this episode first!)Warning - this episode contains horrific singing. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need t...2024-03-0820 minHeadsup On Money35- Watch Out For Financial BSThere is a lot of bull**** out there in financial services that is aimed at capturing your short term interest and taking hefty fees for the privilege. Our industry is 95% marketing! Keeping it simple can be incredibly hard when you want short-term rewards. But you need to avoid these distractions at all costs. Your long-term financial life plan depends on it. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn...2024-03-0112 minHeadsup On Money34- Are Cash ISAs Even Worth It?The humble cash ISA is one of the most misunderstood financial products out there. If you don't really understand what an ISA is, let alone whether it's beneficial for you, then this is the episode for you. You can expect Benjamin's usual approach of binning the jargon and telling you what you truly need to know. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or...2024-02-2320 minHeadsup On Money33- What Should You Order From The Menu Of Life?In this episode Benjamin talks about the importance of making good decisions when it comes to your money. But with an infinite number of possibilities, how do you know which path to take? Benjamin brings this to life with help from Oliver Burkeman's bestselling book 'Four Thousand Weeks'. What if, what if, what if ... Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be comp...2024-02-1611 minHeadsup On Money32- Get a 67% Return On Your Investment With No Investment Risk WhatsoeverThis probably seems to good to be true and you're wondering what the catch is... Benjamin explains all in under 10 minutes.As you'll see, the headline 67% return isn't a fairytale, it's perfectly within your grasp. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only knowledge you need to transform yourself from money novice to money nerd! 2024-02-0911 minHeadsup On Money31- You Need To Know This If You Have a Workplace PensionIf you have a pension through your work, then you need to know how it's set up. You could be missing out on free money from the government and potentially saving £000s on your tax bill every year. In under 20 minutes you'll know the fundamentals and how you can take this forward to save yourself money. Here's the link I referred to at the end of this show. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. 2024-02-0218 minHeadsup On Money30- What Is The Footsie?You'll no doubt have heard of the FTSE or 'footsie'. It's important to know what it is, but you also need to understand it's limitations and why worrying about 'what level the FTSE is at' is a pointless strategy. Learn all you need to know in 10 minutes. Who said finance needs to be complicated?Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be com...2024-01-2613 minHeadsup On Money29- Pearls of Financial Wisdom Courtesy of Charlie MungerFinancial life lessons from the late, great Charlie Munger. Charlie died with a fortune of over $2 billion.But what were the secrets to his success? Did he think he could time financial markets? Nope. Was he smarter than everyone else in the room? Nope. Was he just trying to be 'consistently not stupid' ? Tune in to find out. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your person...2024-01-1916 minHeadsup On Money28- Achievable New Year's Resolutions When It Comes To Your MoneyLet's be honest, we could all do without another New Year's Resolution. And certainly not one to do with our personal finances! In this episode, our first of 2024, Benjamin breaks down how to get on top of your personal finances but more importantly how to ensure you stay on top of them. Your fad diet and January exercise regime may flop, but your financial plan wont. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. 2024-01-1219 minHeadsup On Money27- The Gift Of Giving This Christmas'Tis the season ... for thinking about Inheritance Tax. Are you aware of the annual gifts you can make that are good for your pocket and also good for your soul? Inheritance Tax is a massive, and complicated, subject. This episode arms you with the fundamentals you need to know when it comes to using up your freebie allowances. Something to think about this festive period! Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on to...2023-12-1520 minHeadsup On Money26- Active Versus Passive FundsWhat are the differences between active management and passive management of funds? And more importantly, why should you care? Do you have a crystal ball? Are you aware how much you're paying for active management? Does it make a difference to the growth of your hard-earned money? It's all here covered in this episode as Benjamin's objectivity is truly tested ... Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your pers...2023-12-0818 minHeadsup On Money25- Investing FundamentalsIgnore all the financial noise you've heard before. It's not as complicated as you think it is. When it comes to investing, there are 3 strings to make a successful bow. 1. Platforms 2. Wrappers3. InvestmentsListen to this episode and you'll arm yourself with the solid foundation to start your wealth creation journey, or if you're already on the ride then make sure you're doing everything you should be. You can also expect a Headsup on active versus passive management. Happy days!2023-12-0118 minHeadsup On Money24 - Think You Don't Understand The Stock Market? Think Again.So you know you should be investing in the stock market, but the trouble is you don't understand what it actually is!Join Benjamin for a 'day in the life' tour of the stock market and you'll soon realise that you know a lot more than you think you do. The stock market is all around us. In fact, you'd be hard pressed to find evidence of the stock market not playing a role in everyday life. This one is a fun one!Join Benjamin Mitchell (themoneyscot), se...2023-11-2413 minHeadsup On Money23- Your Black Friday Stock Market SaleWhy is it that when there's a sale on in the stock market ... most customers leave the shop?You wouldn't behave that way when other sales are happening. As Black Friday sales draw nearer, this episode will condition you to regard stock market sales in the same way. You'll learn that they're something to take advantage of, not run away from. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your p...2023-11-1713 minHeadsup On Money22- Financial Planning for Couples Part 3 - Why Cohabitees Get Short ChangedIt's our final episode in the financial planning for couples mini series. In this one Benjamin explains why cohabitee couples get a really c**p deal when it comes to perks and financial security, compared with married/civil partners.So what are the key risks to be aware of? And what can you do to help alleviate them? It's all explained here in under 20 minutes!Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on...2023-11-1018 minHeadsup On Money21- Financial Planning for Couples Part 2 - The Perks of MarriageIn this episode Benjamin explains why being married offers you significant tax and investment perks. If you're married or in a civil partnership, you get a pretty sweet deal. Listen up to save thousands £££ in tax. But is that a reason alone to get married?! You can be the judge! Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yours...2023-11-0322 minHeadsup On Money20- Financial Planning for Couples Part 1 - Where To StartCouples who financially plan together, stay together. In this episode Benjamin explains why it's always better to approach managing your finances together as a couple. Teamwork makes the dream work... and all that jazz. And if you've never heard of 'money dates' then this is the episode for you. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the...2023-10-2720 minHeadsup On Money19- Market Crashes Come, Market Crashes GoJoin Benjamin for a brief history of market crashes over the last 100 years. If that doesn't sound very interesting, then what might be of more interest is learning why market crashes shouldn't really matter to you at all. So tune them out completely. As you'll find out, they come and they go. Stay the course and go with the flow. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal financ...2023-10-2017 minHeadsup On Money18- 'You PI' (Your Personal Rate of Inflation)It's nigh on impossible to escape the chat about inflation in the news (or 'Never Ending Worry Service') at the moment.CPI, or RPI, or... who cares?!These measures have absolutely nothing to do with you and your standard of living, unless you've a penchant for e-bikes or surveillance cameras... The only rate of inflation you need to worry about is your personal rate of inflation: 'You PI'.It's all explained in this episode. And here's the calculator Benjamin refers to.Join...2023-10-1314 minHeadsup On Money17- Are You Suffering From Lifestyle Creep?You probably aren't even aware you're suffering from the creep. The creep is what's standing between you and your future goals. So stop competing with the Joneses. Stop the creep coming in. When it comes to the fight, make sure you win every time. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with the only...2023-10-0623 minHeadsup On Money16- The Triple Lock Guarantee & Your State PensionIn this episode Benjamin chats about one of the more politically contested topics in personal finance. But what is the 'triple lock guarantee'?Is it a good thing or a bad thing, and will it stay around? Don't sweat the small stuff here, governments have been known (once or twice) to go back on their word...You just need the fundamentals. Explained here in under 20 minutes. No jargon. No waffle. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never...2023-09-2918 minHeadsup On Money15- Should You Invest or Pay Off Your Mortgage?In the current higher interest rate environment, you may be considering using some of your surplus income to pay off your mortgage. But is this sensible ?Or should you instead be investing your money in the greatest companies in the world via the stock market? It's a classic debate.Invest or overpay? Here's the calculator I referred to in the show: Run your own numbers Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another f...2023-09-2226 minHeadsup On Money14- Your Guide to Income TaxTax really doesn't have to be taxing. In this episode, Benjamin explains how the Income Tax system works in the UK and helps you to understand the various allowances and tax freebies you have available to you. By the end of the podcast you'll be a ITP (Income Tax Pro) and will have some quality chat to impress your friends with. Who said tax isn't cool? If you understand how tax works, you can then plan on how best to avoid it. Join Benjamin Mitchell (t...2023-09-1528 minHeadsup On Money13- Financial Must-Do's for Small Business OwnersAs a small business owner, you're often left behind. You don't have a workplace pension. You've no life insurance through work. You'll get no sick pay. You're distinctly lacking in financial benefits. But plugging these gaps isn't as hard as you think. In this episode, Benjamin outlines a high level summary of everything you need to be thinking about as a small business owner when it comes to your finances. You love your business. But sometimes a bit of healthy distance can be the best me...2023-09-0821 minHeadsup On Money12- Let's Get Ready to (Pension) Rumble: Defined Contribution vs Defined BenefitIn what has been described by nobody as the fight of the millennium, Benjamin introduces the 2 behemoths of the pension world. It's time to pit Defined Benefit against Defined Contribution. Which one do you have? And what does this mean for your long term financial planning? Let the fight commence. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be complicated or scary. Arm yourself with...2023-09-0124 minHeadsup On Money11- Salary Sacrifice Like a ProWhy would you choose to take a lower salary? What possible benefit could there be to you? Salary sacrifice isn't something to avoid at all costs. In fact, it's one of the big personal finance freebies.In this episode, Benjamin takes you on a jargon-less explanation of what salary sacrifice is and why it may be one of the smartest financial decisions you make this year! Here's the link to the calculator referenced in the show. Try it out with your own figures and see the difference salary sacrifice...2023-08-2522 minHeadsup On Money10- Asset ClassesBenjamin covers the 4 main asset classes and what you need to know about each of them. CashBondsEquities Property ... they're all here. In 20 minutes you'll understand more about investing than the majority of the nation and importantly what each asset class means for your wealth journey. All aboard! Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Getting on top of your personal finances doesn't need to be compli...2023-08-1822 minHeadsup On Money9- How To Run Your Bank AccountsHaving a well organised bank account system doesn't have to be complicated. It's incredibly simple to do and is the first step towards nailing your long term financial life plan. This episode covers key points, such as how many bank accounts you need and also reminds you that the most important direct debit you should arrange each month is to pay YOURSELF. You pay for broadband, electricity and council tax, so why not invest in yourself too? Join Benjamin Mitchell (themoneyscot), serial hater of fi...2023-08-1114 minHeadsup On Money8- Default Pension Funds & Jeremy Hunt's Worrying ProposalsWarning - Jeremy Hunt is making changes to your workplace pension scheme without your agreement!And these changes are worrying. Benjamin shares what you need to do to avoid your pension being invested in high risk, high expense assets and to regain control of your pension fund. Jeremy and his cronies are making these changes to benefit the government agenda and NOT with you in mind. As Fleetwood Mac once said: 'you can go your own way (in your workplace pension scheme)'Listen why. 2023-08-0414 minHeadsup On Money7- What Is The Stock Market?If you want to outperform the terminator of wealth that is inflation, then you need to be investing in the stock market. But it's hard when you don't know the fundamentals...What even is the stock market? Is it even suitable for everyday investors? How will I know what to invest in? Sound familiar? By the end of this episode you'll be a master of the market and you'll be armed with the most solid foundations possible to begin your journey to long term wealth creation, whatever that means...2023-07-2822 minHeadsup On Money6- Understand Your PayslipBecome a master at understanding your payslip!By the end of this episode you'll be a pro at reading your payslip and you'll understand the key things you need to know; cold payslip sweats no more! Income Tax ... National Insurance contributions...Pension contributions ... They're all explained here but with zero financial jargon. Next time you read your payslip you'll be full of confidence, and can even challenge your employer's payroll department if you think there may be an error. And here's the link I refer to in...2023-07-2122 minHeadsup On Money5- Saving Is Not The Same As InvestingIn this episode you will become a resident money nerd on the differences between saving and investing. These two concepts are often used interchangeably, but as you will learn they are completely different in meaning, and serve very different purposes when it comes to your long term financial plan. Should you be a saver?Or should you be an investor? This episode is your definitive guide. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to never make another financial mistake. Gett...2023-07-1418 minHeadsup On Money4- Investment Compounding - Become a Millionaire With No EffortNo, it's not a get rich quick scheme...Instead, in this episode Benjamin shares one of the most important concepts in personal finance: the wonder that is investment compounding. Benjamin brings this marvellous concept to life through real life examples to help you see (hear) that what can start as humble beginnings can grow into something very special. Would you rather have £1,000,000 today, or 1p that doubles every day for a month?!In this episode you'll learn how you can make compounding work for you. Often all y...2023-07-0713 minHeadsup On Money3- How To Solve a Problem Like InflationIn this episode Benjamin tackles the terminator of wealth that is ... INFLATION (duh, duh, duh). Fear not money nerds, as he will share some tips on how you can tackle inflation to make sure you stay on top of it, before it gets on top of you!As you'll see, it's not as tricky as you might think. And in the silly question of the week we learn if inflation is always a bad thing. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you t...2023-06-3013 minHeadsup On Money2- Where To Start With Your Financial PlanAre you keen to kick off your long term financial life plan, but don't know where to start?!In this episode, Benjamin shares a real life story to highlight the priorities you should be focussing on when it comes to your financial freedom journey. By the end of the episode you'll know exactly where to direct your precious time and resources.As you'll see, it's simply a case of putting 3 crucial things to BED ... Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to...2023-06-2318 minHeadsup On Money1- Five Classic Money Mistakes (& How to Avoid Them)In this episode, Benjamin highlights the 5 classic money mistakes that separate the money nerds from the money novices!Join this riveting (we try!) countdown to ensure your financial life plan is free from classic blunders, including:1. Planning blind2. Losing track of your fees3. Delaying things until tomorrow4. Judging your success by that of others5. Jumping in at the deep endBank gone bust? The FSCS to the rescue!Who owns my bank? Bank family trees Join Benjamin Mitchell (themoneyscot), serial hater...2023-06-1717 minHeadsup On MoneyAn Introduction to Headsup on MoneyWelcome to the very first (very shiny, very new) episode of Headsup on Money, the podcast that brings colour and fun to your personal finances. In the trailer, Benjamin introduces himself and climbs onto his personal finance soapbox to explain why the podcast has come to be and more importantly, why you should care! Listen today and and transform yourself from money novice to money nerd. The first step begins right here. Join Benjamin Mitchell (themoneyscot), serial hater of financial jargon, as he helps you to n...2023-06-1605 min
If It's Not 1 Thing It's Your MotherBenjamin Davis Mother of a Story - Playlist for my Mother's FuneralBenjamin Davis shares his poem, The Playlist At My Mother’s Funeral. We talk about how his mother would like a party when she dies which got him thinking of the playlist and how the songs that remind him of his mother and also track his memories with her throughout his childhood. Our conversation went from his rebellious teens and how he thought his parents showed great restraint for not throwing him in the basement and only feeding him scraps to the time when we all come to the realization that all the adults in our life are just wi...2019-07-3100 min