S3E12: Everyone gets this wrong about building wealth - Financial Advisor Chris Bourne
Description
Can you really get rich by cutting costs? Is the 4% rule right for everyone? What are the biggest mistakes we make when it comes to tax? Chris Bourne has worked in the finance industry for over 20 years and is a personal finance Youtuber. We got him on to talk about our biggest misconceptions about building wealth and how we can do it in the most tax efficient way.
đ¤ Want guidance from a financial advisor 1:1?
Email will@getmost.co.uk for more info.
đ Investment platforms we use:
Trading 212
Get a free share worth up to ÂŁ100 when you sign up for a new Invest or ISA account and deposit at least ÂŁ1.
https://www.trading212.com/promocodes/MM
 If you do not get your free share after depositing at least ÂŁ1, use the promo code âMMâ (for Making Money). You can use this code for up to 10 days after opening the account.
InvestEngineÂ
Get a ÂŁ25 bonus when you invest at least ÂŁ100.
https://investengine.pxf.io/daOD2Q
Vanguard
https://www.vanguardinvestor.co.uk/
This is not an affiliate link.
đĽ Life insurance, income protection and critical illness cover
We work with Heath Protection: https://heathprotection.co.uk/
If you purchase a product or service using one of the links above, we may receive a small commission. 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.
đSponsors
Vanta - Get your company secure and compliant, with $1k off: https://vanta.com/makingmoney.
Tide - Get 4.33% AER Variable for your business account: https://makingmoney.email/tide.
MoneyWeek - Get 6 editions of quality financial journalism for free: moneyweek.com/makingmoney.
âď¸ Newsletter
If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/S3E12
Disclaimer:
This is not financial advice. The reason itâs not financial advice is because itâs not tailored to you. We explain the principles of building wealth but if you want personalised advice, itâs 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.