Why Youre Not Earning More
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=-QJe0RqYRWY
Who doesn’t want to know if they’re doing better than the person next door? In this episode we talk with Timi Merriman-Johnson, author, creator and founder of Mr MoneyJar, a financial education charity, to get under the bonnet of wealth gaps - wages, gender, ethnicity - and to lay out some key steps to help you climb the ladder. • This episode was recorded in October 2023. The data we reference may have changed. • Damo's video (What Salary Puts You In The Top 10%) is here: • What Salary Puts You In The Top 10% I... . • 💼 Want 1:1 guidance from a financial advisor? • Email [email protected] for more info. • 📈 Investment platforms we use: • Trading 212 • Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1. • https://www.trading212.com/promocodes/MM • If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account. • InvestEngine • Get a £25 bonus when you invest at least £100. • https://investengine.pxf.io/daOD2Q • Vanguard • https://www.vanguardinvestor.co.uk/ • This is not an affiliate link. • If you purchase a product or service using one of these links, we will receive a small commission from the seller. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. • 🎉 Sponsors: • Sensate: Get help with your anxiety 10% off with the code MM10: https://www.getsensate.com/makingmoney • Manual: Get help with your hair loss and use the code MM55 to get 55% off. • 🏥 What's your financial health? • Take our quiz: https://makingmoneypod.scoreapp.com/ • ✉️ Newsletter: • If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/S2E5 • Disclaimer: • This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. • Chapters: • 00:00-00:40 - Intro • 00:40-05:02 - What is the average wage in the UK? • 05:02-10:38 - How to earn more money • 10:38-11:20 - Manual ad • 11:20-14:08 - How the Gender Pay Gap affects you • 14:08-20:01 - The economic value of raising a child • 20:01-21:36 - Sensate ad • 21:36-25:19 - How the Ethnicity Pay Gap affects you • 25:19-29:39 - The Wealth Gap • 29:39-35:00 - How to reduce pay gaps • 35:00-40:20 - The single biggest tax raise since the 1970s • 40:20-45:40 - Who is in charge, and does it matter? • 45:40-47:44 - How Warren Buffett got his wealth
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