Why Playing It Safe with Money Can Be Risky

In this first part of a two-episode investing special on A Little Bit Richer, our host Iona Bain sits down with financial educator and founder of Vestpod, Emilie Bellet, to explore the foundations of investing. Emilie and Iona talk through the differences between saving and investing and offer some tips for those who’re keen to build their longer term wealth. They delve into the emotional side of investing and how fear, greed, FOMO and panic can all influence our decisions, often at the worst possible moments. Emilie shares some of her early mistakes with tips on keeping calm in chaotic markets. Then they discuss balancing short-term goals with long-term investing. Whether you’re already investing, thinking about starting, or currently sitting on the sidelines, this episode will help you understand the mindset behind successful investing and why even small steps can make a meaningful difference, helping you be a little bit richer in the future. Stay tuned for Part Two where we’ll get practical on ways to build a diversified portfolio that works for you. You can watch episodes on L&G’s YouTube channel And see behind the scenes content on TikTok and Instagram You can play the podcast and find other useful content on L&G’s website: https://www.legalandgeneral.com/podcasts/a-little-bit-richer Follow Emilie on Instagram Iona and her guests share their own personal thoughts and opinions in this podcast. These might be different from L&G’s take on things. They give financial guidance for a UK audience that’s relevant at the time of recording. It’s general best practice, not the kind of personalised advice you’d get from a financial adviser.See omnystudio.com/listener for privacy information.