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The Money To The Masses Podcast

Ep 513 - State Pension Warning, 30% Water Bill Rise & DaMoney Data Revealed

The Money To The Masses Podcast

Damien Fahy

Self-improvement, Education

4.8589 Ratings

🗓️ 27 July 2025

⏱️ 34 minutes

🧾️ Download transcript

Summary

In this week's episode, Damien discusses the sustainability of the UK state pension, explaining why younger generations are likely to experience significant increases in state pension age.

Damien and Andy then discuss the likely 30% increase in water bills over the next five years due to necessary infrastructure upgrades and what you can do to combat the rise.

Finally, having answered over 3,000 questions in its first week, Damien reveals the most popular topics being answered by DaMoney, our purpose-built AI guidance engine.

Check out this week's ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠podcast article⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ on the Money to the Masses website to see the full list of resources from this week's show

(00:00) - Money to the Masses Podcast Episode 513

(02:58) - Overview of the UK state pension system, eligibility, sustainability concerns, the triple lock, and future projections

(10:54) - Planning for retirement, checking your state pension age, and filling National Insurance gaps

(12:38) - Retirement planning tips

(15:51) - Water Bills: Why Are They Rising and What Can You Do?

(19:38) - Reducing water usage, seeking support if struggling to pay

(24:01) - DaMoney (our AI guidance tool) Overview of the most popular topics and questions asked by users


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Transcript

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0:00.0

Hello and welcome to episode 513 of the Money to the Massies podcast with your resident expert as always, Damien Faye and me and Alex. Damien, we're back. We had a bit of a break last week. Well, I say we did. You had a little bit of a break last week. Yeah, it was really nice to have a mini break because I went away. I went to Barcelona. So those of you who don't know, I've been to Barcelona

0:20.8

loads of times in the past, but I hadn't been there for almost a decade. In fact, my wife and I

0:25.9

hadn't been away just the two of us almost for a decade. There'd be so many people listening to

0:30.1

this that we understand that once you have children, you tend to only do things together. So it was

0:34.9

really nice for us to get away and wander around Barcelona.

0:38.3

I might share the odd picture on our socials this week so people can see. There's a couple of

0:43.1

really nice places that we went to. So yeah, I had a fantastic time. It was really hot out there.

0:48.0

It was great just wandering around the city, the back streets, down towards the port and the

0:53.8

beach. And I just absolutely loved it.

0:55.4

So I've come back fully recharged after a couple of days in Barcelona.

1:00.2

Yeah, and I mean, you had nice weather there, I'm assuming, but the weather here over the last

1:04.8

week has been pretty dreadful, so you couldn't have timed it better.

1:08.1

I seem, whenever I go away, I seem to always get good weather when I'm away but I seem to time it with good weather here so I come back and everyone says oh you should have stayed here you could have saved yourself a fortune. That's the sort of thing Andy that I've been doing all summer when I've been laying in the garden looking up at planes going overhead thinking oh yeah see with the same point going on holiday you know justification as to why we might not potentially go away this year in order to save money. So this time around, I seemed to be the person that went away and it immediate, in fact, it did start raining as I was on the plane, which made it feel even better. But anyway, on with this week's show. I'm going to tell you what's going to be on the podcast this week. I'm going to do a piece on the state pension. So the overriding questions that I'm going to be

1:49.4

answering are, will you even get a state pension, particularly if you're young? And if so,

1:55.1

or will it even be enough? There's been a lot in the press lately about the sustainability of the state pension.

2:02.2

We are then going to do a piece on water bills.

2:04.8

In particular, it's been stated that water bills are likely to go up by a significant amount

2:11.8

over the next five years for various reasons.

2:14.5

And they're going to be a huge overhaul or likely to be an overhaul

2:18.7

of the water sector in the UK. So that's going to impact everybody. It's going to be covering

2:23.6

that. And the final piece on the podcast. So in the last week since we've launched the money,

2:29.6

we've helped over 3,000 people and we've answered a whole host of questions covering a range of topics.

...

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