Money Clinic with Claer Barrett

Gen Z’s in the UK are facing the toughest start to adult life than any generation in half a century, with key financial milestones like leaving home, buying a property and starting a family becoming even harder to achieve. In addition, millions of graduates are grappling with repaying student loans in a tough jobs market. Ahead of the government’s October Budget, how can the finances of Gen Z be fixed?

In a podcast recorded live at the FT Weekend Festival, the FT’s consumer editor Claer Barret is joined by Oliver Gardner, founder of the student loans campaign group Rethink Repayment and Abigail Foster, the former accountant turned financial educator and author, debating whether the new prime minister can “bring back hope” for younger generations.

Plus, there’s career advice from Tolani Talks Money, the investment industry professional who went public about her six-figure salary and bonus on social media, investment tips from professional trader Michael Taylor, better known online as Shifting Shares, and property and savings strategies from Brian Byrnes, director of personal finance at MoneyBox.

Follow Claer on social media @Claerb

This episode was made available thanks to FLIC, the FT’s Financial Literacy and Inclusion Campaign. Read more about FLIC here or click here, and to donate, click here.

Presented by Claer Barrett, edited by Tamara Kormornick, and mixed by Alan Leer.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

The holiday season is the most wonderful time of the year, but it's also the most expensive. Between gifts, food and travel, people can end up spending a lot of money this year. The Financial Times' Marc Filippino talks with Claer about why people are feeling the pinch this season and what they can do about it.

Mentioned in this podcast:
FT Financial Literacy and Inclusion Campaign
Find Claer on TikTok and Instagram

Note: The FT does not use generative AI to voice its podcasts

This episode of Money Clinic was produced by Marc Filippino, Mischa Frankl-Duval, and Victoria Craig. Our show was mixed by Kent Militzer. Additional help from Michael Lello. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.

Hosted on Acast. See acast.com/privacy for more information.

It’s been a rollercoaster week for both UK politics and our personal finances, with chancellor Rachel Reeves setting out tens of billions of pounds of tax rises in the Budget. But how will these new taxes be applied and what could they cost you? In a podcast recorded live at the FT, host and consumer editor Claer Barrett is joined by Dan Neidle, the founder of Tax Policy Associates; Stuart Kirk, the FT’s investment columnist; and Tej Parikh, the FT’s economics leader writer, to field questions from readers and listeners. They cover everything from what the Budget means for people investing in UK markets, the new rules on pensions and salary sacrifice, how to stay under the £100,000 threshold for childcare support and much more.

To find out how much the five-year freeze to tax thresholds could cost you, find a free link to the FT’s Budget stealth tax calculator here

Claer’s Budget column: A horrid Budget for ‘Henrys’

Salary sacrifice shake-up: what it means for staff and employers

Follow Claer on social media @Claerb

This episode was made available with thanks to FLIC, the FT’s Financial Literacy and Inclusion Campaign.
Read more about FLIC here or click here, and to donate, click here.

Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.

Fifty-eight-year-old Margo has amassed a very healthy retirement fund, in part by buying shares in Berkshire Hathaway, the investment company run by Warren Buffett. When even the ‘Sage of Omaha’ is reducing his exposure to certain US stocks, Margo wonders if it’s time for her to follow his lead and look to invest in other parts of the world.

Presenter Claer Barrett, the FT’s consumer editor, is joined by not one but two FT columnists: Simon Edelsten, Partner at Goshawk Asset Management, and finance veteran and Skin in the Game columnist Stuart Kirk. Together, they chew over Buffett’s succession plans, the lure of Japanese stocks and why even Margo’s seven-figure portfolio could be particularly vulnerable to a market correction.

Disclaimer: the Money Clinic podcast is intended as a general discussion about investing, and is not intended as financial advice or any kind of investment recommendation. Everybody's financial situation is different. You should always do your own research before you make any investment decisions.

If you would like to be a guest on a future episode of Money Clinic, email us at [email protected] or send Claer a DM on social media — she’s @ClaerB on Twitter, Instagram and TikTok.

Want more? Free links:
Read this FT story about how Warren Buffett has reassured investors over Berkshire Hathaway’s record cash pile: https://on.ft.com/3RtjE7D
Read all about Stuart Kirk’s views on the US stock market in his latest FT column: https://on.ft.com/43yzQvH

Presented by Claer Barrett, produced by Mischa Frankl-Duval, with mix and sound design from Breen Turner and Joe Salcedo. The executive producer is Manuela Saragosa. Cheryl Brumley is the FT’s head of audio.

Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.

Matt started investing at just 22 with the help of his financial adviser father. Now, at 29, and with a wedding on the cards, he’s got an extra reason to be diligent about his money. Some of Matt’s stock picks (such as Glencore) haven’t been performing as he might like. Is it time to leave stock-picking behind, and focus on a more diversified approach?

Presenter Claer Barrett is joined by Adam Walkom, the co-founder of Permanent Wealth Partners, and Investors’ Chronicle editor Taha Lokhandwala, to discuss Matt’s situation. Adam and Taha disagree on the merits of stock-picking – but they’re in agreement about the concentration risk lurking within Matt’s portfolio.

Want more? Free links:
Read Moira O’Neill’s recent FT article about diversifying your stocks and shares Isa here: https://on.ft.com/4l0xrAk
Read FT columnist Simon Edelsten on how investors can build more resilient portfolios: https://on.ft.com/41YJWUn

Presented by Claer Barrett, produced by Mischa Frankl-Duval, with mix and sound design from Breen Turner, Sam Giovinco and Joe Salcedo. The executive producer is Manuela Saragosa. Cheryl Brumley is the FT’s head of audio.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.