Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

World markets tumble as inverted yield curve signals a recession. Prepare for recession by eliminating the habit of spending and living off bad debt. Keep an emergency savings cash buffer of at least six moths worth of outgoings. If you’re starting a new business, I would advise against renting a shop in the High Street or signing leases for offices. If you must have an office, rent one of the many serviced offices, like Regus or We-Work, with a flexible short-term contract. The rent will be a little higher than a basic office room, but they provide you with telephone lines, answering service, photocopiers, printers, coffee machines, meeting rooms, cleaners and so on. The other advantage of a professional serviced office is that you will immediately look more credible and established. You can also work from home while using an office accommodation address and answering service.  The internet has opened up a new world of learning, working, socialising and doing business. We no longer need to go back to sc

The British Retail Consortium has asked the Chancellor, Sajid Javid to reform Business Rates to stop the decline of the High Street The internet has opened up a new world of learning, working, socialising and doing business. We no longer need to go back to school or university to learn new skills. We can work from home, start a business or find a new life partner all from the comfort of our home. Amazon has also enabled thousands of authors to easily self-publish their books online, as I have with my book, Yes, Money Can Buy You Happiness! See link - http://bit.ly/2MoneyBook If you want to quit the rat race and work from home, but can't quite replace your income from your paid job, why not try and gradually make the transition over a period of time?  You can learn how to get started on Amazon or Facebook by following the steps of people who have done all the hard work for you and now want to pass on their knowledge. For more information on Amazon and Facebook courses email charles@charleskelly.net Word o

Worldwide web inventor Tim Berners-Lee inventor has called for more control of the internet, which has changed everything in the last 30 years. We can now self-publish articles, books, videos, live broadcasts and podcasts online. We can buy, trade and sell online, which is destroying the high street as we know it. Shop vacancies have hit a 4-year high, which means landlords (which could be your pension fund) are also suffering.  Amazon started 25 years ago and has grown from start-up to one of the most valuable public companies on the planet, with Mr Bezos now the world's richest man. Starting as an online book retailer, it has become a global giant, selling multiple products and becoming the world's second-ever public company to hit a $1 trillion valuation. Amazon has sales of over $234 billion and is expected to rise to over $300 billion by 2020.   One of the reasons the company has grown is their partner programmes which enables online entrepreneurs and retailers to sell goods on the Amazon platf

 Are 100% Mortgages back? Well, almost. With a little help from the bank of mum and dad! Word of the Day Quantitative Easing Printing money or pumping money into the economy. Used by central banks after the 2008 financial crash. Quantitative easing, also known as large-scale asset purchases, is a monetary policy whereby a central bank buys predetermined amounts of government bonds or other financial assets in order to inject liquidity directly into the economy. I talk more about practical steps to managing your money, getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System, the Stars Who Lost it All and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

This week in Money Tips Daily Protecting your pension pot from scammers - 5 million people at risk China-Trump Trade and Currency War Stock Markets Plunge around the world Preparing for a recession UK Economy Shrinks 2nd Quarter of 2019 for first time since 2012 1 Million more young adults living with parents than a decade ago Home repossessions up 40% Word of the Day GDP or Gross Domestic Product The total value of goods and services produced by an economy based on three measures of a country’s economic activity: Output Expenditure Income You can learn more practical steps to managing your money, getting rich and being happy in my book, Yes, money can buy happiness, where I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System, the Stars Who Lost it All and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

UK Economy Shrinks in 2nd Quarter as 1 Million More Young Adults Still Living With Parents than a Decade ago 1 Million more young adults living with parents. Word of the Day Conveyance Legal term used to transfer title of a property from one person or body to another. Solicitors carry out conveyancing work during a property perchance.  I talk more about practical steps to managing your money, getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System, the Stars Who Lost it All and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

As money pours out of shares, investors are turning to Bonds and precious metals, like Gold which has risen 30% in the last 12 months. Financial Word of the Day “Bear” Bear Market, Bear Run, where markets are expected to fall – opposite to “bull” market. Investors are feeling “bearish” about the US stock market on news of a possible US-China trade war. I talk more about practical steps to managing your money, getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System, the Stars Who Lost it All and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

We heard of a pending trade war, now we have a looming currency war between China and the US. What can you do to prepare for a recession? Financial Word of the Day “Bull” Bull Market, Bull Run or the expectation the markets are going to go up. Feeling ‘bullish’ about the market, which we expect to rise. I talk more about practical steps to managing your money, getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System, the Stars Who Lost it All and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

5 Reasons Why A Stockmarket Crash Could Affect You Even IF You Don't Invest In Shares   What does the stock market crash into me when I don’t invest in shares? A lot of people will be saying that they fall in the share prices of the world stock markets will make no difference to them, because they don’t invest in shares. However, the value of the world’s largest companies indirectly affects everyone on the planet in one way or another.   1. Confidence The markets need the confidence to invest in new businesses and projects, which in turn provide jobs and prosperity. When markets are crashing and the value of companies is going down, there will be less money available to invest. A lack of confidence can ultimately lead to recession as people and businesses stop spending. 2. Investment People assume that investment comes from governments, but in most cases it comes from the private sector. Even if the government do invest directly, where do you think governments get their money?  3. Taxes Governm

Dow Jones closes down 767 points or 2.9% wiping billions off the value of companies after US China trade war escalates.

Take independent financial advice before “unlocking” or cashing in your defined benefit pension.

Weekly News Roundup 040819 Trump Trade War with China Backfiring Gold Price Soar Since 2016 Mortgage Lending up in June 15 Year Fixed Rate Launched Construction Sector Slows

Avoid comparison site car hire insurance rip-off paying twice for “comprehensive” cover. I talk more about practical steps to managing your money, getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System, the Stars Who Lost it All and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

UK Base Rates Held as Bank of England Downgrade Growth Forecasts Is this the time to consider a fixed rate mortgage?

If you feel that you have been short changed in any way by your bank, listen to my forthcoming interview with one of the UK’s leading experts in this field. He helps companies recover money taken unfairly from them by their bank.  If you have a question regarding this matter that you would like me to put to the expert, email me at charles@charleskelly.net

New 15 year fixed rate mortgage launched in UK at 2.55%. How many new houses are actually being built in the UK? PPI Deadline looms, as Lloyds sets aside a further £5 billion to cover claims.

Leading UK retailer is asking landlords to reduce its rents by up to 30% in return for extended leases.

In the news this week: Boris bounce following Boris Johnson’s election to No.10 Possible reforms to Stamp Duty Investment into infrastructure in the North 15-year-old boy from Essex wins over $1 million in world e-sports final.

Before you depart for your well earned holiday, listen to these 3 quick Money Tips, which could save you a small fortune. Looking for a good holiday read? Check out my new book, Yes, money can buy happiness. There are practical steps to getting rich and being happy including the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Order in paperback or Kindle version on Amazon http://bit.ly/2MoneyBook.

Foxtons Estate Agent's boss, Nic Budden, says the property market is the slowest since the 2009 crash, as the London based company reported a £3.2m loss this week. You can acquire property with No Money Down using proven strategies. Learn multiple no money down strategies by joining me at the next “No Money Down Weekend” seminar. I have a limited number of complimentary tickets. For more information, email me at charles@charleskelly.net