The Finance Geeks Podcast

Episode 3: Budget Fallout - Weighing the Aftermath

In this episode of The Finance Geeks, Paul Cleworth and Warren Shute dig into the aftermath of the UK’s Autumn Budget, one of the biggest tax-raising budgets since 1993. With the government targeting £40 billion in taxes, they break down the key changes, including rises in employer National Insurance, adjustments to Capital Gains Tax, and a boost in the minimum wage.
They highlight the government’s 180-degree shift on tax policy, increasing taxes despite prior promises, and share insights on how these adjustments will impact businesses, investors, and homeowners alike.
Paul and Warren share advice for proactive planning in response to these changes, guiding listeners on how to stay ahead in this evolving financial landscape and keep the financial scales tipped in their favour.
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Chapters: 0:00 - Intro
4:59 - The Budget Fallout
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Podcast References:
The Budget - Autumn Budget 2024 – HC 295
https://assets.publishing.service.gov.uk/media/672232d010b0d582ee8c4905/Autumn_Budget_2024__web_accessible_.pdf
AUTUMN-STATEMENT – Tandem Budget Guide
https://tandemfinancial.co.uk/wp-content/uploads/2024/10/AUTUMN-STATEMENT-24_spreads.pdf
Chancellor Rachel Reeves admits she was 'wrong' to say higher taxes not needed during election | Sky News
https://news.sky.com/story/chancellor-rachel-reeves-admits-she-was-wrong-to-say-higher-taxes-not-needed-during-election-13247364
Republicans win Senate majority | AP News
https://apnews.com/live/senate-house-election-updates-11-5-2024
Autumn Budget 2024: Pensions to be subject to inheritance tax
https://www.moneysavingexpert.com/news/2024/10/pensions-liable-inheritance-tax-2027/
Pensions face “double tax” due to inheritance tax change - what are your options? | MoneyWeek
https://moneyweek.com/personal-finance/pensions/pensions-face-double-tax-due-to-inheritance-tax-change-options
Laffer curve - Wikipedia
https://en.wikipedia.org/wiki/Laffer_curve
Autumn Budget 2024: what do the experts say about the major changes? | Unbiased
https://www.unbiased.co.uk/news/personal-finance/autumn-budget-2024-what-do-the-experts-say-about-the-major-changes
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This show is designed to be informational only and does not constitute investment or financial advice. Please contact a regulated financial adviser before taking any specific action.

Episode 2: Wrangling Bulls & Bears - Insights for a Steady Financial Ride

In this episode of The Finance Geeks, Paul Cleworth and Warren Shute bring you on a journey through the unpredictable world of bull and bear markets.
Just like wrangling powerful forces in the wild, navigating market shifts requires skill, patience, and a clear strategy. Paul and Warren dive into what makes a market “bullish” or “bearish” and explore why these cycles occur, emphasizing the importance of staying calm and focused even in turbulent times.
They share insights on recent trends in major market indices, the dynamics of growth and value stocks, and why bull markets have historically lasted longer than bear markets.
Whether you’re an investing newcomer or a seasoned market watcher, Paul and Warren’s expert perspectives will help you stay balanced and resilient through all of the market’s twists and turns.
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Chapters: 0:00 - Intro
4:56 - The Focal Point: Bulls & Bears
37:53 - Quotes & Anecdotes
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Instagram: https://www.instagram.com/thefinancegeekspodcast/
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This show is designed to be informational only and does not constitute investment or financial advice. Please contact a regulated financial adviser before taking any specific action.

Episode 01: Autumn Budget 2024 - The Geeky Guide to What’s Coming

After a summer break full of travels and downtime, Paul and Warren are back with The Finance Geeks! In this episode, they get straight to business, tackling the upcoming UK Budget on October 30th. The Geeks discuss the potential tax changes on the horizon and how they could affect everything from pensions to capital gains. Whether it's Capital Gains Tax (CGT), Inheritance Tax (IHT), or possible tweaks to pensions, Paul and Warren offer their expert insights on what might be coming your way—and how a good adviser can help you save. Tune in to find out what’s in store for your finances this autumn!
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Chapters:
0:00 - Intro
4:04 - The Focal Point: The Autumn Budget - What's Coming
31:49 - Quotes & Anecdotes
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Instagram: https://www.instagram.com/thefinancegeekspodcast/
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YouTube: https://www.youtube.com/@thefinancegeeks
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This show is designed to be informational only and does not constitute investment or financial advice. Please contact a regulated financial adviser before taking any specific action.

Episode 013: Raising Money Smart Kids - Conquering the Financial Playground

In this episode, financial experts Warren Shute and Paul Cleworth share their experiences and practical tips to help you equip your kids with the skills to navigate the financial ups and downs of life with confidence.
Discover why financial literacy is a must-have superpower for your kids, and learn how to teach them to navigate the financial ups and downs like pros. Warren and Paul will share age-appropriate strategies and systems that make money management a fun and engaging part of growing up.
From swinging into positive money habits to balancing on the financial seesaw, this episode is packed with practical tips and geeky insights. Learn how to use allowances as teaching tools and transform the sandbox of savings into a place of empowerment.
Tune in and transform your child's financial playground into a space of confidence and future success. Get ready to geek out on money and help your kids conquer the financial playground with flying colours!
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Chapters:
0:00 - Intro
8:12 - The Focal Point: Raising Money Smart Kids
47:17 - Quotes & Anecdotes
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Podcast Reference Links:
HyperJar | Free Money Management App & Card
https://hyperjar.com/
Go Henry - Teaching Kids & Teens Money Skills For Life
https://www.gohenry.com/uk/
Rooster money - NatWest Rooster Money | Kids' Prepaid Debit Card and Pocket Money App
https://roostermoney.com/
Nimbl - Mastercard
https://nimbl.com/
Morgan Housel - The best financial advice I know (what I want my kids to learn)
https://open.spotify.com/episode/13uqPBWgAyT4VHRZEfMfXH?si=f6e8cdd7595143fd
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Follow us our our social media channels:
Instagram:
https://www.instagram.com/thefinancegeekspodcast/
X:
https://twitter.com/TheFinanceGeeks
YouTube:
https://www.youtube.com/@thefinancegeeks
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This show is designed to be informational only and does not constitute investment or financial advice. Please contact a regulated financial adviser before taking any specific action.
#pocketmoney #kidsfinance #thefinancegeeks #moneymanagementforkids #moneysmartkids #teachingkidsfinance #youthfinancialeducation #youthfinance #kidsfinancetips
 

Episode 012: Love and Money - Navigating Finances with Your Partner

This episode tackles the ultimate two-player challenge: Love and Money! We're delving into the pixelated world of couples' finances, guiding you through your financial journey together. We'll decode the secrets of managing your money together, dodge hidden traps of financial infidelity, and explore how different spending habits can affect your relationship and how to manage them.
Level up your relationship with our essential strategies. This includes planning a romantic "financial date night" to discuss budgets and goals; establishing clear spending boundaries to avoid any surprises down the road; and learning how to manage your bank accounts together without causing financial strain on your relationship.
Join us in this episode to learn how to turn your financial woes into a victory dance for your relationship!
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Chapters: 0:00 - Intro
7:29 - The Focal Point: Relationships & Money
42:14 - Quotes & Anecdotes
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Follow us our our social media channels:
Instagram: https://www.instagram.com/thefinancegeekspodcast/
X: https://twitter.com/TheFinanceGeeks
YouTube: https://www.youtube.com/@thefinancegeeks
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This show is designed to be informational only and does not constitute investment or financial advice. Please contact a regulated financial adviser before taking any specific action.
#CouplesFinance #MoneyTalksLoveListens #LoveAndMoney #DateNightIdeas #FinancialPlanning #CoupleFinancialPlanning #GrowingTogether #FinancialInfidelity #TheFinanceGeeks #FinancialEducation #FinancialSuccess

Episode 011: Financial Wellbeing - Find Your Balance, Achieve Financial Nirvana

Join finance gurus Paul and Warren on a journey to financial nirvana! This episode tackles the essential question: what truly defines your financial wellbeing? The Finance Geeks unpack the key aspects that could help you to achieve financial peace of mind.
They'll discuss the core pillars of what financial freedom means, from getting organized and budgeting effectively to managing debt, saving for the future, and building resilience. Learn how to cultivate the right financial mindset and unlock the door to financial wellness and a life of balanced abundance.
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Chapters:
0:00 - Intro
7:47 - The Focal Point: Financial Wellbeing
48:48 - Quotes & Anecdotes
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Follow us our our social media channels:
Instagram: https://www.instagram.com/thefinancegeekspodcast/
X: https://twitter.com/TheFinanceGeeks
YouTube: https://www.youtube.com/@thefinancegeeks
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This show is designed to be informational only and does not constitute investment or financial advice. Please contact a regulated financial adviser before taking any specific action.
#financialfreedom #financialwellbeing #financialwellness #financialnirvana #debtfreejourney #thefinancegeeks #warrenshute #paulcleworth

Episode 010: Property vs Pensions - Showdown at the Retirement Corral

Saddle up, partners, for "The Showdown at the Retirement Corral". How do you wrangle in that perfect nest egg for your golden years? We'll be bustin' broncs of confusion surrounding property and pension investments.
On one side of the corral, we've got the familiar ranch hand, Property. It's a tangible critter, offering that steady stream of rental income and the potential for growth over time. Now, mosey on over to the other side of the corral, where the Pension stands guard. This fella offers some mighty attractive tax benefits and employer contributions.
Warren and Paul will be your trusty guides on this financial trail ride, providin' the information you need to make an informed decision and ride off into a happy retirement!
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Chapters: 0:00 - Intro
5:05 - The Focal Point: Property vs Pensions
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Follow us our our social media channels:
Instagram: https://www.instagram.com/thefinancegeekspodcast/
X: https://twitter.com/TheFinanceGeeks
YouTube: https://www.youtube.com/@thefinancegeeks
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Podcast References:
Clarkson's Farm Season 3
https://www.amazon.co.uk/Clarksons-Farm-Season-3/dp/B0CWTYDKJ7
Duke of Edinburgh Awards
https://www.dofe.org/
Property vs Pension - Frazer James
https://frazerjames.co.uk/property-vs-pension/
Pension Or Property Which Is The Better Investment - Unbiased
https://www.unbiased.co.uk/discover/pensions-retirement/starting-a-pension/pension-or-property-which-is-the-better-investment
Property or pension — which is the better investment? TEBI (evidenceinvestor.com)
https://www.evidenceinvestor.com/property-or-pension-which-is-the-better-investment/
Property or pension in retirement? Maybe blending is the answer (netwealth.com)
https://www.netwealth.com/ourviews/property-or-pension-in-retirement-maybe-blending-is-the-answer/
Pension protection - Check your money is protected - FSCS
https://www.fscs.org.uk/what-we-cover/pensions/
Tandem Talks: How are your monies protected on the platform? – Tandem Financial
https://tandemfinancial.co.uk/tandem-talks/tandem-talks-how-are-your-monies-protected-on-the-platform/
The Age of Humans: Evolutionary Perspectives on the Anthropocene
https://humanorigins.si.edu/research/age-humans-evolutionary-perspectives-anthropocene
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This show is designed to be informational only and does not constitute investment or financial advice. Please contact a regulated financial adviser before taking any specific action.
#retirementplanning #propertyinvestinguk #investingstrategies #pensionplanning #financialfreedom #goldenyears #pensionposse #propertyprospectors #financiallasso #greatretirementshowdown #propertyorpension

Episode 009: 12 golden rules of investing - Paul's nerdy nuggets get decoded by Warren

In this episode of "The Finance Geeks," get ready to embark on an epic quest as Paul unveils his twelve golden rules of investing. Each rule is a powerful tool in your arsenal, meticulously honed to guide you through the treacherous dungeons of financial decision-making. But fear not, fellow adventurers, for no quest through the realm of The Finance Geeks is complete without the sage wisdom of Warren, who will be deciphering Paul's Nerdy Nuggets with his own unique insights.
Join us as we delve into the depths of financial strategy, navigating through the twists and turns of investment success like seasoned adventurers in search of legendary loot. What secrets lie within Paul's twelve rules, and how many will gain the esteemed nod of Warren? Prepare your potions and sharpen your swords as we embark on this thrilling journey through the realm of investment geekery, and discover these fabled 12 golden rules.
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Follow us our our social media channels:
Instagram: https://www.instagram.com/thefinancegeekspodcast/
X: https://twitter.com/TheFinanceGeeks
YouTube: https://www.youtube.com/@thefinancegeeks
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Podcast Reference Links:
The Royal Albert Hall
https://www.royalalberthall.com/tickets/events/2024/film-music-gala-3/
Miles Karting IG Account
https://www.instagram.com/milesaheadmotorsport
Who are Vanguard
https://www.vanguard.co.uk/professional/about-vanguard
How many Humans have ever lived?
https://www.visualcapitalist.com/cp/how-many-humans-have-ever-lived/
Tandems 12 Golden Rules of Investing https://tandemfp.sharepoint.com/sites/Tandem/Documents/Forms/AllItems.aspx?id=%2Fsites%2FTandem%2FDocuments%2FTandem%20Team%20Folder%2FCreative%20Adviser%2F41%2E%20Podcast%20notes%2F12%20Golden%20Rules%2Epdf&parent=%2Fsites%2FTandem%2FDocuments%2FTandem%20Team%20Folder%2FCreative%20Adviser%2F41%2E%20Podcast%20notes&p=true&ga=1
4000 Weeks (book) by Oliver Burkman
https://amzn.eu/d/gQIT8Ol
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#goldenrules #goldenrulesforsuccess #investing101 #investingstrategies #investingeducation #thefinancegeeks #financialplanning #rulesofwealth #rulesofinvesting
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This show is designed to be informational only and does not constitute investment or financial advice. Please contact a regulated financial adviser before taking any specific action.

Episode 008: Mastering Money with Financial Rules of Thumb

A financial heuristic is a mental shortcut you use to make financial decisions quickly and easily. These are also known as financial rules of thumb, and can guide your financial choices without requiring extensive analysis and avoiding information overload. In this episode of The Finance Geeks, we're putting these financial rules of thumb under the microscope.
We'll explore popular rules like the 50/30/20 Rule (50% Needs, 30% wants, 20% invest), the Rule of 72 (calculating investment doubling time), the 100-minus-your-age asset allocation strategy and the Pareto Principle (80/20 Rule), plus many more, revealing their strengths and limitations.
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Chapters:
0:00 - Intro
8:33 - Hot Off The Press
18:40 - The Focal Point: Financial Rules of Thumb
44:07 - Two Pennies Worth
49:56 - Quotes & Anecdotes
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Follow us our our social media channels:
Instagram: https://www.instagram.com/thefinancegeekspodcast/
X: https://twitter.com/TheFinanceGeeks
YouTube: https://www.youtube.com/@thefinancegeeks
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Podcast Reference Links:
Everything you need to know about St George
https://www.english-heritage.org.uk/visit/inspire-me/everything-you-need-to-know-about-st-george-and-the-farleigh-hungerford-mural/
9 things you didn't know about St George
https://www.english-heritage.org.uk/visit/whats-on/st-georges-day/9-things-you-didnt-know-about-st-george/
Bitcoin Halving Event Of 2024: The Aftermat
https://www.forbes.com/uk/advisor/investing/cryptocurrency/bitcoin-halving-event-2024/
Bitcoin Will Pass $250K, Central Banks Will Jump In Before Next Halving
https://www.ibtimes.com/bitcoin-will-pass-250k-central-banks-will-jump-before-next-halving-bitwise-cio-3730541
Gold prices hit an all-time high
https://www.cnbc.com/2024/04/01/gold-prices-hit-all-time-high-what-to-know-before-investing.html
FTSE and why it is going up
https://news.sky.com/story/ftse-100-record-highs-do-not-reflect-a-recovery-for-uk-plc-heres-why-13121695
The Rule of 72: Definition, Usefulness, and How to Use It
https://www.investopedia.com/terms/r/ruleof72.asp
Budget Planning Guide
https://tandemfinancial.co.uk/wp-content/uploads/2022/05/Budget_Planning_Factsheet.pdf
The 10/10/10 Rule For Tough Decisions
https://www.fastcompany.com/3007613/10-10-10-rule-tough-decisions
Handy Money Rules of Thumb
https://www.nerdwallet.com/article/credit-cards/handy-money-rules-of-thumb-for-a-quick-financial-checkup
Financial Rules of Thumb
https://www.getrichslowly.org/financial-rules-of-thumb/
Pareto Principle (80:20 Rule)
https://en.wikipedia.org/wiki/Pareto_principle
The Obstacle is the Way (Book)
https://tandemfinancial.co.uk/book-reviews/the-obstacle-is-the-way/
The Money Plan (Book)
https://amzn.eu/d/6wwGjOe
City Mapper (App)
https://citymapper.com/?lang=en
Red Eye (Film)
https://www.itv.com/watch/red-eye/10a4437
 

Episode 007 : The "Enough" Enigma - Cracking the Code to Financial Fulfilment

Feeling like you're constantly chasing more money? In this episode of The Finance Geeks, Warren and Paul crack the code to financial fulfilment! We delve into the "Enough" Enigma, revealing why clarity is key to achieving financial peace. Learn why knowing your desired lifestyle and values is crucial, and how Maslow's Hierarchy of Needs helps define your "enough." We'll explore the concept of lifestyle inflation and strategies to avoid the "keeping up with the Joneses" trap. Join us as we equip you with strategies to unlock financial fulfilment and build a life you truly love!
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Chapters: 0:00 - Intro
6:51 - Hot Off The Press
14:47 - The Focal Point: Exploring the concept of "enough"
38:50 - Two Pennies Worth
44:10 - Quotes & Anecdotes
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Follow us our our social media channels:
Instagram: https://www.instagram.com/financegeekspodcast/
X: https://twitter.com/TheFinanceGeeks
YouTube: https://www.youtube.com/@thefinancegeeks
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Podcast Reference Links:
Article on the Anxious generation
https://www.afterbabel.com/p/its-time-to-free-the-anxious-generation
Does winning the lottery ruin the lives of winners?
https://www.forbes.com/sites/johnjennings/2023/08/29/debunking-the-myth-the-surprising-truth-about-lottery-winners-and-life-satisfaction/?sh=648c01436ccc
Jonathan Haidt on Modern Wisdom Podcast number 766
https://open.spotify.com/episode/4JVyuByH1hq9rvB9Do6kF7?si=577bc8a74a324830
British UK ISA debacle
https://citywire.com/new-model-adviser/news/complete-nonsense-uk-isa-risks-confusing-savers-with-complexity-aj-bell/a2439784
Future Value Calculator (website)
https://www.calculatorsoup.com/calculators/financial/future-value-calculator.php
Compound Interest Calculator (website)
https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php
Oura Ring (gadget)
https://ouraring.com/
Scoop (Film)
https://www.netflix.com/gb/title/81600418
How Much is Enough? - Robert Skidelsky (book)
https://amzn.eu/d/gdf87ww
The Number - Lee Eisenberg (book)
https://amzn.eu/d/78tM6Bn
Die with Zero - Bill Perkins (book)
https://amzn.eu/d/a9w0EZS
The Beautiful Game (film)
https://youtu.be/pXWgl7pOpMM?si=GrPxCBFuMjyb6A0i
After Bable (Website)
https://www.afterbabel.com/