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The Money To The Masses Podcast

Ep 545 - Spring clean your finances & the UK investment gap

The Money To The Masses Podcast

Damien Fahy

Self-improvement, Education

4.8589 Ratings

🗓️ 26 April 2026

⏱️ 31 minutes

🧾️ Download transcript

Summary

In this week's episode, Damien and Andy discuss 9 ways to spring-clean your finances, covering everything from budgeting to taxes. Damien then discusses the UK investment gap and the 15 million Brits who are hoarding £610 billion in cash, and why that is a problem.


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

Hello and welcome to episode 545 of the Money to the Masses podcast with your resident expert as always Damian Faye and me Andy Licks, Damian. Welcome back. How you doing?

0:09.2

I've been better, Andy. I had a disaster this week. So if you're watching this podcast, Andy's going to show a clip. I don't mind him sharing it. And if you're listening to it, just in audio, you're going

0:21.8

to hear what happened. But on, I think it was last Thursday, I was in my house working. I was

0:27.5

actually about to film something. And suddenly, my wife came running up the stairs and said,

0:33.7

there's water coming through the ceiling in the kitchen. So long story short, went downstairs.

0:39.5

There was water starting to run down the walls and didn't know where it was coming from.

0:43.3

And then it started to pour through the downlight. And there was a video which Andy will show

0:49.1

where you can see the water. And that water coming out in that video is after I eventually stopped the leak.

0:57.0

Now it transpires that the toilet actually broke upstairs. So when you're looking at a system,

1:04.4

it was the inflow broke for whatever reason, maybe age. And then that water, so effectively mains water was just firing down the back of

1:14.1

the toilet which was boxed in which was above my kitchen and it was just flooding into the floor

1:19.9

board so mad panic and I was running around trying to turn the water off and trying to locate this

1:26.6

league and stop the damage it still took me quite a bit

1:29.5

of time to do it i mean if we've been out i dread to think if we'd be on holiday my house would

1:34.9

have been underwater all my ceilings would have fallen down and really it just goes as a reminder

1:41.3

to people out there make sure you know how to turn your water off.

1:46.2

Now, I do, and that's because in the past I've had troubles in my last house.

1:50.6

I always, with aware, you should know how to turn your water off, but also, like the toilet

1:55.5

could be isolated and turned off.

1:57.5

So even though I had to go through the boarding, the boxing to get to where the valve was,

2:04.3

it's always worth checking how things are set up because don't forget, I moved into this house,

2:08.6

I didn't install the bathroom or paid to have it installed. So sometimes if you buy a house and you

...

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