ICP065 - Love and Money

In this episode of the Informed Choice Podcast, Martin talks about love and money.

There is also a roundup of the latest personal finance news and an update from the world of Informed Choice.

Love and Money

With Valentine’s Day coming up, this episode of the podcast is all about love and money.

Martin starts by sharing some tips for martial bliss with money. 

Talking about money in your marriage is really important. Understanding how each spouse feels about money, what they want it to achieve in your life together and their preferred approach to managing finances will help with marital harmony.

Keeping secrets about money can place unnecessary strain on a marriage. According to research by BlackRock, most people don’t keep financial secrets from their significant others. 

With Valentine’s Day coming up, lots of the personal finance press releases we have been sent have romantic theme.

According to new research from American Express, Brits are set to spend £431 million this Valentine’s Day as 41% of UK adults plan on celebrating with their loved ones.

Confused.com found that Brits are expected to splurge more than £240 million in last minute Valentine’s Day spending on February 14th. 

TopCashback research reveals single Brits feel short-changed from their dating experience – some are even asking their dates for money back!

Ocean Finance have done some research and found that uncovering secret debts is the biggest financial turn-off in a relationship.

Please let Martin know what tips you have for money and relationships. Email him at martin@icfp.co.uk or get in touch on Twitter @martinbamford, he would love to hear from you.

Personal finance news update

-Stock markets in Europe and the US remain shaky with investors worry about the state of the global economy.

-A surge in buy-to-let property investing is raising house prices.

-Food shoppers are failing to identify the best deals.

-Charity Age UK has reportedly stopped a commercial deal with energy supplied E.On, after facing criticism.

-Low interest rates could be here to stay.

Martin and Informed Choice

Martin Bamford is a Chartered Financial Planner, Chartered Wealth Manager and SOLLA Accredited Later Life Adviser. As Managing Director of Informed Choice, the award-winning firm of Chartered Financial Planners in Surrey, he is responsible for nearly £200m of client assets.

Martin is the author of several bestselling personal finance books and produced his first feature-length documentary in 2014, about the post-war Baby Boomer generation in retirement.

“Bamford excels at making even the dullest topics interesting” – Pensions Management

Visit www.icfp.co.uk to find out more about Informed Choice, or follow us on Twitter at www.twitter.com/informedchoice.

Follow Martin on Twitter at www.twitter.com/martinbamford or email him at martin@icfp.co.uk.