This episode of the Mo Money podcast is about the offset account trap and why banks want you to feel safe. So, we get into the most common mistakes that people make when it comes to their offset accounts, why an offset account feel safe and why that's a problem. We get into a few examples of the impact on your money, of saving money in an offset, versus some of the alternatives that you can do instead, and talk about when an offset makes sense and some of the psychology that sits around this. So, this episode is perfect for anyone that's got an offset and wants to make the most out of their money, or that's thinking about getting into the property market and saving at a decent rate today.
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