Money Clinic with Claer Barrett

The new year is a perfect time to rethink and reorganise your financial affairs but where should you start? Host Claer Barrett is joined by Iona Bain of Young Money blog, financial educator Timi Merriman-Johnson, aka Mr Money Jar, and Sara Williams of the Debt Camel. They discuss their own new year’s resolutions, whether it’s worth overpaying on your mortgage as interest rates are set to rise, and why paying more into your pension could be a good idea. Plus, advice on how to keep to your new year’s financial goals.Money Clinic is keen to hear from listeners and readers. If you would like to get in touch, please email us at money@FT.com or DM Claer on social media. She is @ClaerB on Twitter, Instagram and TikTok. Presented by Claer Barrett. Produced by Persis Love. Our executive producer is Manuela Saragosa. Sound design is by Breen Turner, with original music from Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

How does one of the UK’s most popular comedians handle his money and investments? In a repeat of one of Money Clinic’s most popular episodes, host Claer Barrett interviews Joe Lycett, the consumer campaigner and TV comedian. Joe shares his own personal money story - including his charity shop thrifting, ESG investments and money rules - and explains why he campaigns on consumer issues.If you would like to talk to Claer on a future episode, please email the Money Clinic team at money@ft.com with a short description of your problem, and how you would like us to help.  Say hello on social media: You can follow Claer on Twitter and Instagram @Claerb You can follow Joe Lycett on Twitter and Instagram @JoeLycett and FT Money on Twitter @FTMoneyPresented by Claer Barrett. Produced by Persis Love. Our executive producer is Manuela Saragosa. Sound design is by Breen Turner, with original music from Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

More than a million crypto investors around the world stand to be wiped out by the collapse of crypto exchange FTX. Presenter Claer Barrett is joined by Scott Chipolina, the FT’s digital assets correspondent, and Rob Armstrong, the FT’s US financial commentator, to discuss what the collapse means for the future of crypto. What should people still holding crypto investments do? Will crypto recover? What role should regulators play? And is there a way of keeping your crypto investments safe?Want more?Bahamas reels from FTX collapse: ‘Crypto was going to be our way out’More from Scott Chipolina and the FT’s cryptofinance newsletterMore from from Rob Armstrong on crypto regulation: The SEC should not touch cryptoMore from Rob Armstrong and his Unhedged newsletterMoney Clinic is keen to hear from listeners and readers. If you would like to get in touch, please email us at money@FT.com or DM Claer on social media. She is @ClaerB on Twitter, Instagram and TikTok. Presented by Claer Barrett. Produced by Persis Love. Our executive producer is Manuela Saragosa. Sound design is by Breen Turner, with original music from Metaphor Music. Clips: BBC, CBSRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

With more than 10mn people in the UK set to file their tax returns by January 31, are you dreading the annual nightmare - or have you already got it licked? This week presenter Claer Barrett revisits Money Clinic’s tax return guide from last year, with guests Jacquetta Brown, tax specialist at HMRC, and chartered accountant Deborah Edwards, who runs the money mentoring programme Raised Up Finance. They discuss how much extra income you need to earn before you have to submit a return, how apps can make the whole process easier, and whether it pays to get an accountant. Plus, how freelancers can legitimately reduce their bills by claiming tax-deductible expenses, or negotiate extra time to pay. If you would like to be a guest on the show, email the podcast team money@ft.com or follow Claer on Twitter and Instagram @Claerb.You can follow Deborah on Instagram @raisedup.finance Want more?For more about using salary sacrifice to legitimately reduce your tax bills, check out this free-to-read FT piece from Claer: https://www.ft.com/content/ff8021b9-7847-4ef5-9f20-abb2ea2d6d93And if you’re looking for more tips about running a freelance business, this free-to-read piece has plenty of them: https://www.ft.com/content/3462f359-8a1d-4a1e-9098-a14bded3f00dTo check out the HMRC YouTube channel, click hereRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Thirty-year-old Brooke struggles with a shopping addiction and feels as if no one is taking it seriously. With thousands of dollars of credit card debt spent at thrift stores and bargain clothes sales, shopping is an obsession that leaves her both mentally and financially exhausted. Presenter Claer Barrett speaks to financial therapist Amanda Clayman, and addiction specialist Pamela Roberts about why people get addicted to shopping, and what they can do to break the cycle. You can find Amanda Clayman through her website or follow her on Instagram. Pamela Roberts works for addiction and recovery hospital the Priory Group, and her personal website is here.Pamela has recommended the following resources for anyone struggling with a shopping addiction:Counselling Directory UKAddiction Counselling Psychology TodayAddiction ProfessionalsSpenders Anonymous Spent: Break the Buying Obsession and Discover Your True Worth by Sally PalaianMoney Clinic is keen to hear from listeners and readers. If you would like to get in touch, please email us at money@FT.com or DM Claer on social media. She is @ClaerB on Twitter, Instagram and TikTok. Presented by Claer Barrett. Produced by Persis Love. Our executive producer is Manuela Saragosa. Sound design is by Breen Turner, with original music from Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

UK chancellor Jeremy Hunt’s Autumn Budget Statement spelled out gloomy times ahead for the UK economy, but what does it mean for your money? Host Claer Barrett, the FT’s consumer editor, is joined by political editor George Parker and Chris Giles, economics editor, to discuss taxes, energy bills, mortgages rates and why this Budget will squeeze the finances of lower and middle earners. Plus, why were young people left out of the new Budget plans?Money Clinic is keen to hear from listeners and readers. If you would like to get in touch, please email us at money@FT.com or DM Claer on social media. She is @ClaerB on Twitter, Instagram and TikTok. Want more?Votes for rents as Autumn Statement squeezes younger workersJeremy Hunt offers no jam today and none tomorrowThe FT’s quick guide to the autumn statementA dismal outlook for the UK economyPresented by Claer Barrett. Produced by Persis Love. Our executive producer is Manuela Saragosa. Sound design is by Breen Turner, with original music from Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Should you overpay on your student loan to try and beat rising interest rates? Or are you better off putting your hard-earned salary towards other things? Presenter Claer Barrett hears from recent graduate James who is struggling with these very questions, and speaks to Ben Waltmann, research economist at the Institute for Fiscal Studies. Ben explains how student loan repayments work and what the statistics tell us about repayments. Plus, FT columnist and former financial adviser Jason Butler gives his view on how graduates should approach their loans as part of a long-term financial plan.Money Clinic is keen to hear from listeners and readers. If you would like to get in touch, please email us at money@FT.com or DM Claer on social media. She is @ClaerB on Twitter, Instagram and TikTok. Want more?Student loans: should the bank of mum and dad step in?Don’t raise more hurdles to university entranceEconomic distress lifts stigma of discussing money troublesPresented by Claer Barrett. Produced by Persis Love and Philippa Goodrich. Our executive producer is Manuela Saragosa. Sound design is by Breen Turner and Jan Sigsworth, with original music from Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Childcare in the UK is among the most expensive in the world, with parents spending an average of two thirds of their salary on nursery costs for children under two. Host Claer Barrett speaks to Joeli Brealey, author and founder of campaign group Pregnant then Screwed, about why the UK childcare system is in crisis. She also hears from Megan Jarvie, the head of Coram Family and Childcare, about how to navigate a complicated system of government support for families with young children. Plus, mother Jess tells Claer how unaffordable nursery costs pushed her out of full-time work..Money Clinic is keen to hear from listeners. If you would like to get in touch, please email us at money@FT.com or DM Claer on social media. She is @ClaerB on Twitter, Instagram and TikTok.Want more?England’s childcare in crisis as costs rise and staff leave https://www.ft.com/content/f07886fa-becc-4491-88e0-dbfe2c07c225What’s driving the rich world’s falling fertility? https://www.ft.com/content/2f90b924-3122-4548-85fa-4c5a775c2caeChildcare: female-led social enterprises tackle dysfunctional system https://www.ft.com/content/d576fedd-6577-4c4c-98ac-f3c73fcf6346Joeli Brearley and Pregnant then Screwed can be found at https://pregnantthenscrewed.com/Further details on childcare options in Scotland, Wales and Northern Ireland, can be found here: https://www.familyandchildcaretrust.org/help-your-childcare-costsTo download the FT Edit app, click here https://apps.apple.com/app/apple-store/id1574510369?pt=246269&ct=FT-E-22Q4-HAD-AD-US-Anon&mt=8Presented by Claer Barrett. Produced by Persis Love and Philippa Goodrich. Executive producer is Manuela Saragosa. Sound design is by Breen Turner, with original music from Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

How can you make the most of your savings at a time when inflation is eating into the value of your cash? Host Claer Barrett, the FT’s consumer editor, speaks to Iona Bain, personal finance writer and author, and Sarah Coles, senior personal finance analyst at Hargreaves Lansdown, and sources, for practical advice about how to get the best interest rates on your savings and how to use savings to achieve your financial goals. Plus, should you use your cash savings to overpay your mortgage?If you would like to be a future guest on Money Clinic, email the team via money@ft.com or send Claer a DM on social media — she’s @Claerb on Twitter, Instagram and TikTok. Iona Bain can be found at https://www.youngmoneyblog.co.uk/Sarah Coles is on Twitter @sarahecolesPresented by Claer Barrett. Produced by Persis Love and Philippa Goodrich. Executive producer is Manuela Saragosa. Sound design is by Breen Turner, with original music from Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Pension funds have been the focus of some worrying news over the past few weeks. But don’t panic! Money Clinic host Claer Barrett is joined by the FT’s global pensions correspondent, Josephine Cumbo, and chartered financial planner David Hearne to explain what’s going on, and to offer some reassurance. Whatever type of retirement fund you have, this episode is packed with information to help you understand your pension better.If you would like to be a future guest on Money Clinic, email the team via money@ft.com or send Claer a DM on social media - she’s @Claerb on Twitter, Instagram and TikTok. Presented by Claer Barrett. Produced by Persis Love and Philippa Goodrich. Executive producer is Manuela Saragosa. Sound design is by Breen Turner, with original music from Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.