The 3 Worst Money Accidents episode artwork

EPISODE · Feb 20, 2024 · 13 MIN

The 3 Worst Money Accidents

from The Money Podcast · host Rob Moore

Rob reveals the 3 worst things you could accidentally do with your money! He talks about why these three things are so devastating for your wealth but also discusses the reality of inflation and what we are told by the government and banks. KEY TAKEAWAYS Leaving your money in the bank: Leaving your money in the bank means your wealth just depreciates over time, you aren’t having your money work for you and it becomes worth less. Not reallocating your money and assets: Don’t just leave things where you initially put them, reassess yearly if you have things in the right places. Tax: Tax is your biggest expense and the only way to reduce this is to have your own business, where you pay tax last. BEST MOMENTS "Leaving your money in the bank is one of the silent killers of your money” “Inflation is wiping out your money” “You take all the risk they get all the profit”  “Assets therefore need reallocation” “You cannot master what you do not measure”  VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979   See omnystudio.com/listener for privacy information.

Rob reveals the 3 worst things you could accidentally do with your money! He talks about why these three things are so devastating for your wealth but also discusses the reality of inflation and what we are told by the government and banks. KEY TAKEAWAYS Leaving your money in the bank: Leaving your money in the bank means your wealth just depreciates over time, you aren’t having your money work for you and it becomes worth less. Not reallocating your money and assets: Don’t just leave things where you initially put them, reassess yearly if you have things in the right places. Tax: Tax is your biggest expense and the only way to reduce this is to have your own business, where you pay tax last. BEST MOMENTS "Leaving your money in the bank is one of the silent killers of your money” “Inflation is wiping out your money” “You take all the risk they get all the profit”  “Assets therefore need reallocation” “You cannot master what you do not measure”  VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979   See omnystudio.com/listener for privacy information.

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The 3 Worst Money Accidents

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This episode is 13 minutes long.

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This episode was published on February 20, 2024.

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Rob reveals the 3 worst things you could accidentally do with your money! He talks about why these three things are so devastating for your wealth but also discusses the reality of inflation and what we are told by the government and banks. KEY...

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