Making Money listener Amy followed all the right steps for 15 years, but one decision ended up costing her tens of thousands of pounds.

Get in touch with us: makingmoney@getmost.co.uk

🚀 6 steps to build wealth in the UK - free guide

Learn how to get better with money. Get our 6-part newsletter series: https://makingmoney.email/newsletter-series

📈 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.

🏥 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 these links, we may 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

Vanta - Get your company secure and compliant, with $1k off: https://vanta.com/makingmoney.

Tide - Get 4.07% AER Variable for your business account: https://makingmoney.email/tide.

MoneyWeek - Get 6 editions of quality financial journalism for free: moneyweek.com/makingmoney.

✉️ Get a summary of this episode through our newsletter:

Sign up: https://makingmoney.email/S5E4

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.