Getting your financial year off to the right start

Whether you’re one for making resolutions or not, the start of a new year is a good time to take stock of your finances. In this episode, host Andrea Fox joins Georgie Frost, award-winning financial journalist and radio presenter, and Josh Widdicombe, comedian, writer and co-host of Channel 4’s The Last Leg, to talk about the impact of the Covid-19 pandemic, self-employment and managing your finances in uncertain times, and how to set and stick to your money goals in the year ahead. How can you find more information? Royal London recommends you seek professional independent financial advice before making financial decisions. You can learn more about the value of financial advice on our website, or visit Unbiased to find a trusted professional in your area. You can also find lots of helpful information on some of the topics discussed in this episode on the following sites:Saving and budgetingMoney Advice Service: www.moneyadviceservice.org.uk/en/tools/savings-calculator Citizens Advice: www.citizensadvice.org.uk/debt-and-money/budgeting/budgeting/work-out-your-budget Royal London: www.royallondon.com/articles-guides/your-money/budgeting Cutting your bills Money Advice Service: www.moneyadviceservice.org.uk/en/articles/how-to-save-money-on-household-bills Energy Saving Trust: energysavingtrust.org.uk/energy-at-homePaying off debtStepChange: www.stepchange.org Citizens Advice: www.citizensadvice.org.uk/debt-and-money/help-with-debtRoyal London: www.royallondon.com/articles-guides/your-money/debt Managing your finances when you’re self-employed GOV.UK: www.gov.uk/working-for-yourself Money Advice Service: www.moneyadviceservice.org.uk/en/categories/self-employmentCoronavirus support Royal London: www.royallondon.com/coronavirus/your-financesMoney Advice Service: www.moneyadviceservice.org.uk/en/hub/coronavirus-money-guidance This episode was recorded in December 2020 during the coronavirus outbreak. For the latest information on financial support and benefits, visit gov.uk/coronavirus. Please note that all topics discussed in this episode can vary depending on your personal circumstances. The value of investments can fall as well as rise and you could get back less then you pay in. Any figures quoted were accurate at the time of recording.

Om Podcasten

Confused about your finances? The penny drops podcast is here to help you understand your money and make better informed financial decisions. Presenter and Broadcast Journalist Andrea Fox will be grilling financial experts on your behalf to get the best tips on topics such as savings, pensions, budgeting, debt and retirement. This podcast series is brought to you by Royal London, the UK’s largest mutual life, pensions and investment company.