Episode Details

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Five financial advisers. Hundreds of clients earning great money and still feeling skint. And every single one of them says the same thing: your salary isn’t the problem.

In this episode of the Money Gains Podcast I’ve pulled together the best bits from five of my favourite conversations with Jason Butler, Andy Hart, Emmanuel Asuquo, Holly Guscott and Pete Matthew, to work out why so many of us are broke on a good salary and what to actually do about it.

✅ Why someone on £150k can still feel hard done by, and the line I can’t shake: “wealthy people ask how much, poor people ask how much a month” (Jason Butler)
✅ Why a pay rise is usually terrible news for your financial plan, unless you do this one thing (Andy Hart)
✅ The system that’s quietly built to take your money, and the 48-hour rule that stops most impulse buys (Emmanuel Asuquo)
✅ The couple on £140k who chose holidays with the kids over retiring at 55, and why that’s fine (Holly Guscott)
✅ “What’s the point in saving if I get hit by a bus tomorrow?” answered
✅ My £400 a month “anti-budget”
✅ Why you might not need a financial adviser yet, and the most dangerous money advice out there (Pete Matthew)

Watch the full episodes 👇
Jason Butler: I Advised 2,500 Millionaires: The REAL Reason You’re Not Rich! 👉 https://www.youtube.com/watch?v=pp4aabuRGeY
Andy Hart: The REAL Reason You’re Not Rich Yet! 👉 https://www.youtube.com/watch?v=ie01ppyybWU
Emmanuel Asuquo: Why You’re Broke (Even On A Good Salary) 👉 https://www.youtube.com/watch?v=TCkVhowbg3o
Holly Guscott: What’s ACTUALLY Making People Rich In The UK 👉https://www.youtube.com/watch?v=EjKWPnUwKtM
Pete Matthew: Why You Don’t ACTUALLY Need A Financial Adviser 👉 https://www.youtube.com/watch?v=X7hv5EPAIkw&t

Chapters
0:00 Why you’re broke on a good salary
0:34 Jason Butler: it’s not what you earn, it’s what you keep
9:07 Andy Hart: why a pay rise is bad news for your plan
14:43 Other people’s money: why retirement feels different
19:01 Emmanuel Asuquo: the system built to take your money
25:01 Give your money an induction
28:26 Holly Guscott: is it too late to start in your 40s?
32:52 “What’s the point? I could get hit by a bus”
36:14 The anti-budget
40:09 Pete Matthew: why you might not need a financial adviser
47:58 The most dangerous money advice
50:27 The one thing to do after this episode

DISCLAIMER:
This episode is meant for educational purposes and should not be considered financial advice or UK tax advice. When you invest your capital is at risk. Past performance is not a guarantee of future success. Always do your own research.

Octopus Legacy Limited is authorised and regulated by the Financial Conduct Authority (FRN 955266).

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