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The Money Podcast

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Oct 29, 2024 • 1h 8min

Top 15 Money Misconceptions: The Truth Banks Don't Want You to Know

Rob shares 15 money misconceptions that could be holding you back from financial freedom. From debunking myths about savings accounts to revealing shocking truths about government currency manipulation, Rob shares insider knowledge gained from his own journey to building a £250 million company. Rob covers everything from silver investments to the truth about banks, with practical advice on protecting and growing your wealth in today's struggling economy.   KEY TAKEAWAYS   The banking system isn't designed to protect your wealth - banks pay 1.5% interest while lending at 8-10%, making savings accounts essentially "degrading accounts" that lose value over time Inflation isn't naturally occurring but a government strategy to reduce debt value - when governments print money, they're effectively stealing purchasing power from existing currency holders Hard work alone doesn't create wealth - success comes from combining opportunity with effort, explaining why a waiter working as hard as Elon Musk won't achieve the same results The LMD (Leverage, Manage, Do) time management system - start your day by delegating tasks to others, then manage those tasks, and only then focus on what you must do yourself True wealth comes from increasing the gap between income and expenses - focus on reducing expenses before increasing income to avoid lifestyle creep Asset ownership is key to beating inflation - physical assets like silver and property increase in value with inflation while debt becomes relatively cheaper, creating a double win for investors   BEST MOMENTS   "Money absolutely does make you happy. No rich person ever said money doesn't make me happy, take all my money away."   "People work really hard in the gold mines, but it's the people who own the gold mines that make all the money."   "The bank is not a public service. The bank does not care about you. The bank does not save your money. It invests your money."   "Why would someone spend a thousand quid on a TV that will be worth 150 quid in three years, but they wouldn't invest a thousand pounds into their health, wellbeing or their knowledge?"   VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979   See omnystudio.com/listener for privacy information.
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Oct 24, 2024 • 1h 10min

75 Ways You're Being Taxed (And How to Fight Back)

Rob passionately exposes the hidden world of taxation, revealing how we are all paying in at least 75 different ways! From VAT to "stealth taxes" on sugar, Rob breaks down why the current system is broken and proposes controversial solutions, including why you shouldn't take a salary. This episode gives useful advice on how entrepreneurs can navigate the tax system, maximise their earnings, and why flat-rate taxation could revolutionise the UK economy.   KEY TAKEAWAYS A flat rate tax of 20% across all income levels could attract more investment, encourage entrepreneurship, and generate more revenue than the current progressive system by bringing billionaires back to the UK. The current tax system penalises success through progressive taxation, with some brackets reaching 60% tax rates between £100,000-£125,000, effectively discouraging economic growth and overseas investment. Business owners should consider replacing traditional salaries with performance based commission structures to increase motivation, accountability, and potential earnings while reducing tax burden. Most employees are experiencing "Salary Stockholm Syndrome," becoming dependent on the perceived security of a regular salary while actually limiting their earning potential and paying the highest tax rates. Entrepreneurs can significantly reduce their tax burden by running expenses through their business, including hardware, travel, and vehicles, paying tax on what's left rather than the gross amount. Government inefficiency and complex tax codes are causing massive waste. Simplifying the system and reducing civil service bloat could improve economic outcomes.   BEST MOMENTS "When you take a pound or dollar you might be left with 20 pence or cents. When you save a pound or dollar, you save the whole pound. So when you save tax, you save the whole pound."   "If you borrow a million pounds from the bank, you have the problem. If you borrow a hundred million pounds from the bank, they have the problem."   "Small businesses account for 55 percent of all the economy. That's just small businesses and small businesses are the ones getting hurt the most." "Financial Stockholm syndrome is when you develop an addiction and a relationship with your salary, but your salary is keeping you broke."   VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979   See omnystudio.com/listener for privacy information.
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Oct 22, 2024 • 20min

5k to 25 Million | Rob’s Greatest Move as an Entrepreneur

Rob speaks to Kane about one of his greatest moves as an entrepreneur. He shares how he bought Think Big Education, an Australian education company, for just 5k and rebranded it to Progressive Success, transforming it into a multi-million-pound business.    KEY TAKEAWAYS Rob was actually working for someone else at the time and took a game-changing speaking course in Australia, Think Big Education. After his success after attending the course he began speaking for them and created a network. During the 2008 recession, he then heard from his network that the company was struggling, he found a way to buy it. Rob can make £2-£5 per person from an email database and at least £1-£2 per person on social media, even though data and reach are so much harder now! Buying his horrible ex-boss’ furniture after his company went bust is one of Rob’s career highlights!   BEST MOMENTS "I paid 5 grand for this company” “In ’08 5k is what 10k is now” “If I couldn’t make £5 per person from an email database I’d need shooting in the face” VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979   See omnystudio.com/listener for privacy information.
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Oct 17, 2024 • 41min

Why Is Warren Buffett Selling All His Stocks?

Warren Buffett is warning us of potentially the largest financial crash we've ever experienced. He’s offloading tens of millions in stock, and in this episode, Rob explains what this means for you, and the market and reveals some shocking truths. Rob also shares the best assets to invest in to shield yourself against a crash and maximise your potential earnings. KEY TAKEAWAYS Even the largest banks are trading insolvently, putting all our savings at risk of vanishing overnight. Only 10% of deposits are kept in reserve, making them vulnerable to bank runs. Warren Buffett's sale of $7 billion in Bank of America stock signals potential trouble in the banking sector. Rob advises keeping minimum amounts in bank accounts and spreading money across multiple banks to mitigate risk. Real estate remains a strong investment due to high demand and relatively low interest rates in the UK. Rob predicts a significant market crash, potentially the biggest in our lifetime, with mid-2025 as a possible timeframe. There are risks associated with exit taxes and unrealised gains taxes, they could stifle investment and economic growth. Diversification across physical and non-physical assets is essential to protect wealth during economic downturns.   BEST MOMENTS  "If Warren Buffett is selling 7 billion of Bank of America, if you've got any shares in banks, sell them." "Mark my words. If you leave money in savings accounts or current accounts, in mainstream banks or even challenger banks, that's a fucking risk."  "More millionaires are made in recessions than any other time in the cycle. Observe the masses, do the opposite." "Your spending power is the lowest it's been since the second world war. It's the lowest it's been in a hundred years." "Basically, this is all socialism and communism. This is where it comes from. Communism. State owns everything. Socialism. We take off the rich. We give to the poor. Capitalism, we're all equal, and we distribute and tax based on merit."   VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979   See omnystudio.com/listener for privacy information.
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Oct 15, 2024 • 27min

What Is Your Opinion On Cashless Societies?

Rob warns of the dangers a cashless society could present to society. He talks about the risks with centralised digital currency, what it means for our freedom and how inflation and big corps are already stealing your money without you realising. Kane and Rob live check some of these companies, including Tesco, to prove just how much corruption there is. Rob also gives his thoughts on how governments and taxes could be managed differently and his thoughts on Donald Trump running again for office.   KEY TAKEAWAYS   Cash provides privacy and freedom centralised digital currencies offer no privacy which means you can be controlled. Think about what it would mean for cash to be completely eradicated, who in society would that impact the most and what control does it give governments and companies? Black Rock are the biggest fund in the world, they are the biggest controller of money, they are also the biggest shareholder of Tesco, who has stopped cash in some of its cafés already. Pure shareholder profit is one of the things driving this change, as a society we need to look at purpose as well as profit as a metric for businesses. If a business knowingly trades insolvently it's illegal but the government can do this for decades. Rob believes in privatisation, completion, merit and award, and more than anything, accountability and penalties for poor performance.  Inflation isn't a natural consequence of money. It's caused by the actions of governments and is essentially made up!   BEST MOMENTS  “It is the next apocalypse” “Cash is privacy, cash is freedom” “You can no longer pay for cash in 40 Tesco cafes” “Cashless society is a move to control you, to survey you” “Follow the money, follow the motive”  "How can anything owned by the government become net positive"  VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979   See omnystudio.com/listener for privacy information.
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Oct 10, 2024 • 8min

10k Millionaires Leaving the UK

Almost 10k millionaires will leave the UK this year. Many people might not have sympathy for billionaires but this many leaving at the same time will have a significant impact on the country. In this episode, Rob talks about the reasons behind the millionaires leaving and what we should be doing as a country instead.   KEY TAKEAWAYS Businesses and millionaires may avoid some taxes but they pay billions in corporation tax, business rates, VAT and national insurance. Labour are suggesting a capital gains tax for those who leave the UK. Under Labour, it’s predicted 9500 millionaires will be leaving the UK this year. The public sector repels the people who contribute the most to the economy. BEST MOMENTS “Who employs you, who pays your wages” “Even if they avoid all main taxes they are still generating billions for the economy” “They are sending everyone away as they are taxing the shit out of them”   VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979   See omnystudio.com/listener for privacy information.
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Oct 8, 2024 • 8min

How to Protect Yourself From Keir Starmer's Tax Hikes

Rob reveals the speculated tax increases by Keir Starmer and why they will devastate so many of the people of the country. However, it’s not all negative as Rob also shares what you can do to help protect yourself and the solutions to some of these issues.   KEY TAKEAWAYS  Keir accepts thousands of pounds in donations for things that benefit him and his wife, yet wants to tax us more. What conditions are coming with these donations? Inheritance tax across the board is most likely going to increase significantly. Minimise all your spending that goes towards governments and public sector services. You need to try to get your tax bill down before these tax hikes come into play.   BEST MOMENTS “Apparently, there’s a 20billion black hole in the economy and it looks like 7 or 8 of our taxes are going to go up” “The public sector ate biting the hand that feeds them” “I believe it’s an absolute scandal” “Minimise giving them your money”   VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979   See omnystudio.com/listener for privacy information.
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Oct 3, 2024 • 8min

Why Labour Already Starting to Ruin the UK

WARNING, This is a rant from Rob surrounding Labour’s concept of an employees' right to switch off. Listen in to find out why Rob thinks this is such a bad idea and why it could backfire for employees, employers and society in the UK.   KEY TAKEAWAYS Labours' ‘right to switch off’ is to bring in legislation to prevent employers from contacting employees out of hours. This could be detrimental to employees by giving them fewer opportunities. The UK is in its worst economic state since the Second World War. Good mental health can be created a built from the satisfaction of creating good things, work and feeling valuable.   BEST MOMENTS “Everyone is entitled to my opinion” “What sort of communist, socialist, victim entitled nonsense is that” “Labour are basically saying let’s be lazier, let’s do less”  "What about growth?"   VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979   See omnystudio.com/listener for privacy information.
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Oct 1, 2024 • 14min

Jailed For a Social Media Post and Why That Should Scare You!

Since the lockdown in the UK, Rob has warned that a revolution was coming, and that the impacts of lockdown would create at least 10 years of chaos in society and the economy. In this episode, he talks about its implications for free speech and the recent sentencing for an opinion posted by a woman on Facebook and what this means for free speech in the UK. KEY TAKEAWAYS In recent years, those right of the centre of politics have been systematically cancelled for their opinions. We have to start defending other people’s right to free speech, even if it doesn’t align with our own values. Rob is on a mission to educate as many people as he can on money and finance, so they can protect themselves in this current climate.   BEST MOMENTS  “There’s 1984 happening in the UK because people are getting jailed for posting an opinion” “I’m not going to jail someone for their opinion” “This is mass control on another level” “I will not shut up about this, the school system is not gonna teach you this stuff, the banks and governments don’t want you to know this stuff they just want you to comply”   VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979   See omnystudio.com/listener for privacy information.
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Sep 26, 2024 • 6min

Emergency House Price Crash Warning

Rob is issuing an emergency house price crash warning! One of the biggest signs of a major house price crash has just happened and in this episode, Rob talks about what this is, the impact it will have as well as the other causes that are putting pressure on house prices.  KEY TAKEAWAYS  Don’t wait to buy property, buy it and wait, it should always be seen as a long-term investment. Interest rates have soared after being so low for a decade. More people will be moving from a fixed rate lower interest rate to a much higher one, which means repossession will be happening at an accelerated rate. Taxes will be increasing in October. People’s affordability is already at an all-time low. Gold prices are at an all-time high, which generally means other assets and cash are generally at an all-time low, including houses.   BEST MOMENTS “What goes up, must come down” “Interest rates have gone up 5000%” “This stuff is happening, just cus you can’t see it” “Taxes are the highest in 100 years”   VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979

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