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Headsup On Money
Headsup On Money.
Never make another financial mistake.
Join Benjamin Mitchell (The Money Scot) - a chartered financial planner and serial hater of financial jargon, as he helps you to make better financial life decisions, retire on your terms and never make another financial mistake.
In this weekly podcast we answer the money questions you're too scared to ask and arm you with the knowledge and power to help you get on top of your personal finances.
Episodes
161 episodes
160- Retirement Planning Misconceptions
We're all approaching retirement with too many misconceptions and confusions. In this episode Benjamin explains that retirement planning isn't as black and white as you may think it is. You don't have to retire when your State Pensi...
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159- Tax Misconceptions
The last two episodes have focused on the myths surrounding pensions and ISAs. In this episode Benjamin reviews the main tax misconceptions we all typically share. By the end of this episode you'll hopefully feel a lot more positive...
158- ISA Misconceptions
Benjamin continues the misconception series in this episode by addressing the humble ISA. How many of these were you aware of? Here's the link Benjamin mentioned in the episode:
157- Pension Misconceptions
In this, the first episode in a 'misconceptions' mini-series, Benjamin talks all things pensions. Benjamin shares the most frequent misconceptions we tend to have when it comes to our pensions and why these may be damaging to our longer term fi...
156- A Different Way To Think About Tax
None of us like to pay more tax than we need to, but in this episode, Benjamin tries to change your views around tax and financial planning. Adopting a short-term tax reduction perspective can be detrimental to your long-term financial goals. B...
155- The Retirement Danger Zone, Planning Before Your State Pension Kicks In
For many people, the years between your income stopping and your state pension commencing represent the greatest risk and worry in your retirement plan. In this episode, Benjamin gives you a full MOT of things to be thinking about in this often...
154- Is Your Platform Nabbing Your Interest Payments?
In this episode, Benjamin discusses why the FCA are currently looking into how interest is dealt with on your platforms. There's also some homework for you in this episode: to reach out to your investment platform to understand how ...
153- The SpaceX IPO: Why You Shouldn't Care
This episode, Benjamin discusses the SpaceX IPO, arguably one of the bigger financial news stories of the year, explaining why, as a diversified global investor, you will always own the beasts and don't need to be concerned about FOMO.
152- Should You Consolidate Your Pensions?
In this episode, Benjamin explains why you shouldn't automatically transfer and consolidate your pensions.There can be benefits in doing so, but you need to first understand what you may potentially be losing out on or giving up. Underst...
151- Is A Market Crash Around The Corner?
The Never Ending Worry Service is rife at the moment with conjecture that 'the market has peaked' and 'a downturn is around the corner'. It might be. It mightn't be. We cannot know for certain. But looking at the data it tells us that just beca...
150- Why Passive Investing Should Be Your Gold Standard
In this episode, Benjamin explains why passive investing is actually an active investment decision based on sound evidence rather than conjecture. The active versus passive debate is all around us, and often, passive is framed as the second-bes...
149- My Business Is My Pension, Avoid This Red Flag
Small company business owners often believe that their business is their pension and that pensions are inefficient and subject to too much change to even start with in the first place. Benjamin climbs on his soapbox ...
148- Investment Bonds Explained, Does Your Financial Plan Need One?
In this episode of Headsup on Money, Benjamin explains the pros and cons of investment bonds. They can appear very confusing, and you are probably unsure whether or not your financial plan needs one. But by the end of this episode, you'll have ...
147- A Different Way To Protect Your Family
So many of us have heard of life insurance as a way to protect our family and our financial plans, but too few of us have heard of another product that, instead of providing a lump sum, can provide us with a regular monthly income in the event ...
146- What's Changing With ISAs?
In April 2027, the amount you can subscribe to Cash ISAs is likely to change. In this episode, Benjamin summarises the key points you need to be aware of and ultimately why these changes are unlikely to have any material impact on y...
145- Record Keeping & Inheritance Tax Planning (Don't Make This Same Mistake)
In this episode, Benjamin outlines why record-keeping when it comes to your inheritance tax planning, is as important as the planning itself.Yet, so few of us are keeping necessary detailed records, accounting for the information that yo...
144- Your Behaviour Is The Problem (With Guest Fabrizio Zumbo, MBA from Vanguard)
In this episode Benjamin is joined by guest host Fabrizio Zumbo, MBA who joins us from Vanguard. Fabrizio is an expert in behavioural biases and investment management and shares the main behavioural mistakes that nearly all investor...
143- 8 Money Laws To Live By
Benjamin shares the wisdom from Morgan Housel's new book, "The Art of Spending Money". There are eight laws to live by when it comes to looking after your wealth and yourself. See how many resonate with you; how ma...
142- Legal Must Haves Part 2: Why You Need A Power of Attorney (POA)
In this, the follow-up episode to last week's episode on Wills, Benjamin reinforces the importance of having a Power of Attorney (POA) and why this matters for your financial plan. Nailing this stuff down now will offer spades of pe...
141- Legal Must Haves Part 1: Why You Need A Will
In this episode, Benjamin shares the importance of having a Will when it comes to your financial plan. You've spent years carefully building your wealth and creating a solid financial plan, but without a Will, it can all be undone e...
140- How The Annual Allowance Works In Defined Benefit Pension Schemes
Benjamin explains the key differences between defined contribution and defined benefit pension schemes and how they use up the annual allowance. By the end of this episode, you'll understand the intricacies of each scheme and be abl...
139- Saving & Investing for Your Children or Grandchildren (The Key Things To Know)
In this episode Benjamin covers everything you need to know and do when it comes to saving and investing for your child or grandchild. There can be a lot of contradictory noise out there, but in this episode you'll understand that whilst the ru...
138- Why Age 75 Matters
Turning 75 plays a significant role in your financial plan, and more specifically the tax efficiency (or tax inefficiency) of your affairs. Whether this applies to you or someone close to you, following this episode you'll understan...
137- Making Sense of Financial Adviser Qualifications
When seeking financial advice, it can appear very overwhelming to understand the various qualifications that financial advisers have. How do they compare? What's 'good' and what's 'bad?'In this episode Benjamin tr...