Episode Details

What if personal finance wasn’t just complicated, it was actually rigged against you, Tarun Ramadorai, professor of financial economics at Imperial College London, has advised central banks and sovereign wealth funds. And he’s co-written a book ‘Fixed: Why Personal Finance Is Broken and How to Make It Work for Everyone’.

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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 - The System Is Fixed

12:21 - The Broken UK Mortgage Market

20:39 - Vanta Ad

21:44 - How To Fix This?

31:21 - Who This Affects The Most

39:43 - TaxZap ad

40:58 - How To Beat The Insurance Industry

51:01 - Get The Basics Right

59:45 - Financial Education Isn’t Enough

01:05:37 - The Countries We Need To Learn From