Two Open University academics who encourage people to enjoy their daily dose of ‘financial nourishment’ have released a podcast series that does just that.
Their “Financial Five-a-Day” podcast is a series of interviews with leading financial experts in their field.
They share expert tips that will inspire everyone to rethink the way they approach their spending, saving, and investing habits.
Reform your spending habits
According to Zoopla, the average monthly price for a rental property in the UK is currently £1,220, and the average house price is currently £263,900, which is out of reach for many unless they can change their income and spending habits. There is no amount.
OU economics and personal finance expert Professor George Callaghan and senior lecturer Dr Martin Higginson say the podcast will help people look beyond their immediate financial future, to a comfortable retirement. I hope that it will help you move forward in your life.
financial educator
The podcasts are hosted on OU’s free education platform OpenLearn, Spotify, and Apple’s podcast platform, and feature well-known names in the field, including financial educator and broadcaster Alvin Hall, whom Gen Xers will remember from the BBC series. Contains qualified experts.Money or life?‘.
George said:
“This is the most difficult time for families in the last 40 years. We currently live in a world where a pint of milk costs over 65p, but in 2020 it cost around 35p and this type of Price increases are not something we experienced a generation ago.
“People who are saving for the future are spending much of their disposable income paying exorbitant rents, and many are giving up on owning real estate, which would give them security in retirement. Changing the way you think about how you spend money every day can be transformative.”
Dr Martin Higginson
Martin said:
“These podcasts are aimed at getting people to take a hard look at how they spend their money, and many of our interviewees are interested in knowing what they want their lives to be like as mature adults. says that is the key.
“This is really important because it determines what you buy, how you save and invest, and how you deal with debt.
“The podcast is full of tips you can take on board and make you think deeply about what your end goals are and whether you want your money to work for you, rather than working for it.” I encourage people.”
The ‘Financial Five-a-Day’ research forms part of the OU’s Open Societal Challenges Programme, which addresses the most important social challenges of our time through impact-driven research that transforms lives and drives social change. It aims to address several things.
