Not everyone gets help from their parents when they start out in life. From building a safety net or ‘rainy day fund’ to cobbling together a house deposit - many have to scrimp and save in order to achieve their early goals.

We’re delighted this week to be joined by HMRC’s Emma Ferris to help us dig into getting started with saving. Emma explains to Chris and Ed how the Help to Save scheme works, who it is available for and what to expect. 

Plus, the hosts both talk about their own experiences ‘starting from zero’ some of the things they’ve learned and mistakes they made along the way.

Let us know how you got started in life, we’d love to hear how people began their long-term savings journey!

SHOW NOTES

For more information on the UK Government’s Help to Save scheme please visit:

https://www.gov.uk/get-help-savings-low-income

Or on the HMRC app:

https://www.gov.uk/guidance/download-the-hmrc-app

Chapters

00:00 Starting from Zero: Personal Financial Journeys

06:06 Understanding Help to Save Scheme

14:50 Building Financial Resilience and Habits

18:46 The Importance of Saving and Planning for the Future

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DISCLAIMER

This video is produced for general informational purposes only. It should not be construed as investment, legal, tax, mortgage or other forms of financial advice. If in any doubt about the themes expressed, consider consulting with a regulated financial professional for your own personal situation. Past performance is no guarantee of future results. Investments can go down as well as up and you may get back less than you started with. Investments are speculative and can be affected by volatility. Never invest more than you can afford to lose. For more information visit ⁠⁠⁠www.fca.org.uk/investsmart⁠