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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
146 episodes
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...
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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...
136- Why You Should Avoid Target Retirement Funds
In this episode Benjamin explains why these funds, despite often sounding very sophisticated and bespoke, are in fact a dead-end to financial independence. Knowledge is power, money nerds.
135- Your Tax Year End Checklist
With the end of the 2025/26 tax year now only a few weeks away, now is the time to make use of your freebies and allowances and focus on paying as little tax as possible. Knowledge is power money nerds and by strategically timing in...
134- What Can We Learn From The WASPI Campaign?
It was in the news last month. Women Against State Pension Inequality. Women who argue they were not fairly notified about a rise in the State Pension age will not be paid compensation. But what can we learn ...
133- How To Protect The Greatest Asset In Your Financial Plan (Income Protection Masterclass)
Income protection insurance is often thought of as too expensive and surplus to requirements, but this couldn't be further from the truth. It's not as complicated as it may seem and is absolutely vital for most people's financial pl...
132- When Wealth Stops Being Just About You
Benjamin reflects this week on the subject of when wealth stops being just about you. In early life we focus on saving, investing and insuring primarily for our own benefit. But there comes a time in most people's lives when they ha...
131- Trusts (What Are They And Do You Need One?)
The word 'Trust' brings many things to mind, and often the truth of what a Trust is, and what they can be used for, is lost in translation. In this episode Benjamin explains the role of Trusts in financial planning...
130- How Many Good Summers Do You Have Left?
Benjamin takes a step back from the heavy finances this week and focuses instead on the heavier questions that we all need to ask ourselves from time to time. We're all aware of the finitude of time, but continue to 'plod on' with o...
129- Million Pound Pension Tick-Box Mistakes
We've all been there... You tick a certain option on a pension form because you don't really understand it and surely it can't make that big an impact, can it? ...Fear not, in this episode Benjamin shares the £M pension tick-box mistakes...
128- Why A Cash Flow Model Is Critical For Your Financial Plan
Without a cash flow model you are simply planning blind. How do you know if you have 'enough' if you don't start with the end in mind and work backwards? In this episode Benjamin describes what a cash flow model is, and explains why...
127- Quick Wins To Start 2026
Fear not money nerds, this isn't a generic run through of the dreaded financial new year's resolutions. Nobody ever sticks to those anyway. Financial planning is dull and sticky, and you want low effort, maximum reward steps to impr...
126- A £1.5M Portfolio Is Easier To Achieve Than You Think
In this, the final episode of Headsup on Money for 2025, Benjamin builds on last week's discussion on how much you should target in your 'retirement pot' to achieve a comfortable retirement. Achieving a £1.5M portfolio may seem chal...
125- How Much You Need In Your Portfolio To Retire on £4,000 A Month
Planning for retirement can be hard when you don't know how retirement will take shape. How much do you need to afford a good standard of retirement? The answer is higher than you think it is. Probably much h...
124- What You Avoid Is More Important
With the Never Ending Worry Service (news) all around us when it comes to our money it can be hard to know what to do. However, in this episode Benjamin challenges the normal convention that we should focus our attention on what we ...
123- Budget 2025 Special (What You Need To Know)
As promised, in this special episode Benjamin summarises the main takeaways from the 2025 Autumn Budget. Rachel Reeves delivered her second Budget a little over a day ago, and everything you need to know and do is contained in this ...
122- Earning Over £100,000 A Year (Or Close To It)?, Avoid The 60% Tax Trap
If you're earning over £100,000 a year, or are closing in on that level then this is the episode for you. For every £2 of income above £100,000 you lose £1 of your personal allowance, which means previously tax-free income is now su...
121- Master Your Financial Health (With Guest Rob Macdonald)
In this episode Benjamin is joined by our first international guest, Rob Macdonald to chat about mastering your financial health. Rob brings a wealth of knowledge and experience on the subject of behavioural finance and why investor...