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The Money To The Masses Podcast

Ep 538 - The worst stealth wealth destroyers

The Money To The Masses Podcast

Damien Fahy

Self-improvement, Education

4.8589 Ratings

🗓️ 22 February 2026

⏱️ 41 minutes

🧾️ Download transcript

Summary

In this episode, Damien identifies the "stealth" wealth destroyers that can quietly erode your long-term financial wealth. He reveals how these factors can cost you hundreds of thousands of pounds over your lifetime, explaining how to recognise the common pitfalls and take control of your financial future.


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.


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Transcript

Click on a timestamp to play from that location

0:00.0

Before we start, this episode is brought to you by Wealthify, who are backed and owned by Aviva.

0:05.4

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you deposit or transfer into a Wealthify Stockton shares, ISA. To get started, open your account at Wealthify.com or by

0:39.7

downloading the Wealthify app. Please note the offer registration is extended until the 31st of May

0:45.6

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0:51.6

£5,000 is required and terms and conditions apply.

0:55.7

Investing gives your money the opportunity to grow over the long term,

0:59.1

although returns can rise and fall with market conditions.

1:03.0

Walthify is authorised and regulated by the Financial Conduct Authority.

1:07.3

Hello and welcome to episode 538 of the Money to the Masses podcast with your resident

1:12.0

expert as always Damien Faye and me Andy Leagues. Damien, welcome back. How are you doing? Yeah, I'm good. It's

1:16.9

good to be back. We had a mini break and I just want to thank everybody for the comments on our

1:23.0

Spotify channel. I know lots of you don't necessarily listen via Spotify, but you can go over there

1:29.0

and leave comments even if you don't use that as the app of choice to listen to the podcast. And

1:34.2

it's great because it gives a real sense of community on there. And we are answering people's

1:39.3

questions, responding to their witty remarks. Whatever you want to do, go over there because

1:43.9

it's started to really build a sense of community within the Spotify app. And it's helping us when it comes to the podcast being served to other people. So the number of followers we have on Spotify is increasing. So overall, it's good for the podcast in general. So please do keep leaving

2:03.7

those comments. And it goes without saying, do go to our other social channels and subscribe

...

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