The Wallet

It can feel easier to spend than invest (especially with Black Friday coming up). But investing really isn't hard once you understand the basics. That's why we're bringing back this popular myth-busting episode.💸 Investing is key to building financial independence and reach long term goals. When you invest over a long period, you want your money to outpace inflation (the price of goods and services is increasing every year) and benefit from compound growth. While it’s essential to have ‘rainy day’ cash savings, playing it safe by stashing your money in low-interest-rate savings accounts is actually risky because that money will lose value over time.💥 Today on The Wallet: 1️⃣Investing can feel complex, laden with alienating jargon and sounds like something only others are good at – but I explain why this isn’t the case.2️⃣Before you start investing, it’s vital you ask yourself how long you’re willing to invest for. The longer your timeframe, the more volatility you should be able to deal with because you’d have more time to recover from any lows. Start small and invest regularly.3️⃣I explain why asking questions and giving yourself praise are super important to everyone’s investing journey. Resources mentioned in the episode:Vestpod POD groups: https://www.eventbrite.co.uk/o/vestpod-16058437670  Vestpod Facebook group: https://www.facebook.com/vestpod  Breaking Down Robo-Advisers And Understanding Your Investments: https://www.vestpod.com/news/2021/11/10/wallet-hotline-breaking-down-robo-advisers   The Wallet, Investing beats Day Trading: https://www.vestpod.com/news/2020/12/10/investing-beats-day-trading-f6q3   I’m Emilie Bellet, the founder of Vestpod - a thriving community that financially empowers women, author of You’re Not Broke, You’re Pre-Rich and host of The Wallet! You can learn more about Vestpod, join our events and subscribe to our newsletter at www.vestpod.com and on Instagram @vestpod. Join our private Facebook group: @vestpod.  Submit a question or a comment and email us a voicenote: podcast@vestpod.com.* Please note that we are not certified, financial advisers! The articles and information made available on Vestpod and this podcast are provided for information and educational purposes only and do not constitute financial advice.*

💸 According to the Bank of England (2020), "a typical UK household spends over £700 more in December compared to other months".⁠ December is almost upon us, so we're bringing back a hotline episode that will get you on track before Christmas! The pressure to spend money on countless presents, Christmas decorations and mountains of festive food can feel especially difficult. So how do we stay sane this season while still enjoying the holidays?The Wallet is hosted by Emilie Bellet - founder of Vestpod (a platform that helps women to save and invest more and provides money resources to financially empower women) and author of You’re Not Broke, You’re Pre-Rich.Vestpod:IG https://www.instagram.com/vestpod/ FB https://www.facebook.com/vestpod  Website https://www.vestpod.com/  *We are not certified financial advisers. The information made available on this podcast is for educational purposes only and does not constitute financial advice.*

☎️ Today, we answer a question from our listener Alexandra, who asks us about teaching children about money. I invited Helen Driver, Director of Collaboration at MyBnk charity, ex-fund manager and long-time Vestpod, to offer us her words of wisdom on the topic. 💸 Money can feel like a taboo in a lot of households, but it’s important to broach the topic to help children feel financially confident in their futures. Helen shares 3 tips to help children develop better money habits, from making the right choices in the day to day to managing pocket money.Today on The Wallet: 1/ It all starts with simply integrating money into daily conversations with your kids, so Helen gives examples of how we can do that without making the subject too weighty.2/ Pocket money is a powerful tool for learning about money, and Helen talks about why it’s important to let kids simply experience the process of spending and saving (and make mistakes along the way!). 3/ Children learn by watching and listening to the behaviours that they see around them, and Helen explains what this means for parents and their own attitudes to money. You can follow and connect with Helen:LinkedIn: https://uk.linkedin.com/in/helen-driver-5725b550 MyBnk: https://www.mybnk.org/Resources mentioned in the episode:Money Twist – KS1: https://www.mybnk.org/our-work/financial-education/money-twist-ks1/ I’m Emilie Bellet, the founder of Vestpod - a thriving community that financially empowers women, author of You’re Not Broke, You’re Pre-Rich and host of The Wallet! You can learn more about Vestpod, join our events and subscribe to our newsletter at www.vestpod.com and on Instagram @vestpod. Join our private Facebook group: @vestpod.  We want to open up a direct conversation with you on the podcast. You can submit a proud money moment, a question or a comment on a previous episode. Just email me a voice memo at podcast@vestpod.com.* Please note that we are not certified, financial advisers! The articles and information made available on Vestpod and this podcast are provided for information and educational purposes only and do not constitute financial advice.*

Welcome to today’s episode, where we look into the highlights and implications of the Budget 2024. On October 30th, Chancellor Rachel Reeves (UK's first female chancellor!) presented Labour’s first Budget in 14 years, announcing significant changes that could impact your finances. CONNECT WITH VESTPODIf you want to read the main takeaways from the episodes, subscribe to our newsletter: https://www.vestpod.com/subscribe Instagram: https://www.instagram.com/vestpod/ RESOURCESMain takeaways: www.vestpod.com/news/the-wallet-podcast/budget-2024DISCLAIMERWe are not certified financial advisers! The articles and information made available on Vestpod are provided for information and educational purposes only and do not constitute financial advice. You are advised to consult with an independent financial advisor for advice on your specific circumstances.

This week we're bringing you one of our most popular hotline episodes about emotional spending. With the holidays coming up, we thought this might be the perfect time to remind ourselves how emotions can affect our finances!In today’s episode, we talk about emotional spending. With January sales in full swing, temptation to splurge is everywhere. And while spending impulsively on occasion is okay, it’s important to understand that the rush we get from shopping is short-lived. If you often find yourself having a hard time trying to control your spending, or impulse buying to improve your mood, it might be time to take a look at curbing the habit.Today on The Wallet: 1. Understand what emotional spending is and why it provides that all-too-familiar, albeit fleeting, feeling of the ‘shopper’s high’.2. Find out why it’s important to be conscious of your emotions and the role they play in your spending.3. Learn practical tips that will help reduce or completely stop your unintentional overspending.  I’m Emilie Bellet, the founder of Vestpod.com - a thriving community that financially empowers women, author of You’re Not Broke, You’re Pre-Rich and host of The Wallet! You can learn more about Vestpod, join our events and subscribe to our newsletter at www.vestpod.com and on Instagram @vestpod. Join our private Facebook group: @vestpod.  Be part of the podcast! You can submit a proud money moment, a question or a comment on a previous episode. Follow this link (https://telb.ee/abrzt) or email me your recording at podcast@vestpod.com. * We are not certified financial advisers, information shared in this podcast is for educational purposes & does not constitute financial advice. Invest what you can afford only and for the long term.*

We've had quite a few DMs recently from you about money mindset, so we thought we would bring back this popular episode from January 2024, all about how to cultivate a wealthy mindset! 💸 Looking to end the year on the right foot when it comes to your finances? In today’s Hotline episode - I’ll be helping you do exactly that, with practical tips to help you improve your finances in 2024. From cultivating a positive money mindset to practical strategies for saving and investing, we've got everything you need to make this your most financially successful year yet.CONNECT WITH VESTPODTo bring your brand to life in this podcast, email podcast(at)vestpod.comIf you want to read the main takeaways from the episodes, subscribe to our newsletter: https://www.vestpod.com/subscribe  Instagram: https://www.instagram.com/vestpod/  DISCLAIMERWe are not certified financial advisers! The articles and information made available on Vestpod are provided for information and educational purposes only and do not constitute financial advice. You are advised to consult with an independent financial advisor for advice on your specific circumstances.

TW: This episode contains a brief mention of suicide. 💸 Welcome back to The Entrepreneur's Blueprint - a podcast series featuring three stories from female founders. In this final episode, I speak with Alex Depledge MBE, co-founder and CEO of Resi. We dive into how she founded and sold Hassle.com, her bold approach to fundraising and scaling, and her views on building a team and negotiating. Plus, what’s next for Resi and why they’re raising more capital.PARTNERWe use Fiverr to find freelancers with specialist skills; it’s like a talent cloud that we can tap into whenever we need extra help. Fiverr is all about democratising access to talent so that anyone can grow their business, brand, or dreams. Whether you’re a freelancer looking for work or a business looking for help, check out Fiverr today: https://www.fiverr.com/ CONNECT WITH VESTPODIf you want to read the main takeaways from the episodes, subscribe to our newsletter: https://www.vestpod.com/subscribe Instagram: https://www.instagram.com/vestpod/ 

💸 Welcome back to The Entrepreneur's Blueprint - a podcast series featuring three stories from female founders. In this second episode, I talk to Elizabeth Uviebinené, multi-award-winning author of five books and Founder of journaling app Storia. Discover how she develops resilience and vision to build her brand, raise money, and make bold moves to create a category-defining product.PARTNERWe use Fiverr to find freelancers with specialist skills; it’s like a talent cloud that we can tap into whenever we need extra help. Fiverr is all about democratising access to talent so that anyone can grow their business, brand, or dreams. Whether you’re a freelancer looking for work or a business looking for help, check out Fiverr today: https://www.fiverr.com/ CONNECT WITH VESTPODIf you want to read the main takeaways from the episodes, subscribe to our newsletter: https://www.vestpod.com/subscribe Instagram: https://www.instagram.com/vestpod/ RESOURCES:Main takeaways: https://www.vestpod.com/news/the-wallet-podcast/vision-into-a-business-with-elizabeth-uviebineneDISCLAIMERWe are not certified financial advisers! The articles and information made available on Vestpod are provided for information and educational purposes only and do not constitute financial advice. You are advised to consult with an independent financial advisor for advice on your specific circumstances.