Should I Be Using a Brokerage Account?

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Education, Business, Investing

4.6 • 1.9K Ratings

🗓️ 1 November 2021

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you don't have a huge salary, and you know you'll have a pension come retirement, should you also be using a taxable brokerage account?

Have a money question? Email us, ask jill [at] jill on money dot com.

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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Transcript

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0:00.0	Are you ready for a Monzo Business Bank account?
0:03.3	Heather from the Accountant's Growth Club was?
0:05.3	Knowing what cash I have is really important.
0:08.0	And Monzo Business makes it easy.
0:09.8	It automatically puts 20% of my income into a tax pot.
0:14.0	When it's time to pay your VAT, I always know the money's there.
0:16.8	If you're ready for a Monzo Business account, apply today.
0:19.9	Just search Monzo Business.
0:21.5	Only sole traders or limited company directors in the UK can apply.
0:25.0	Get tax pots with Monzo Business Prove for £5 a month.
0:58.1	Go Business Journey with GoDaddy.
1:04.1	Welcome to the Jill Ann Money Show.
1:06.6	It is.
1:07.4	What day is it, Mark?
1:08.4	Monday, November 1st, the first day of the month falling on a Monday?
1:14.2	Oh my gosh, only two months left in the year.
1:16.8	I'm ready to put the book ends on 2020 and 2021, which is really essentially
1:22.8	just one long, awful year.
1:24.5	Would you agree with that, Mark?
1:26.5	I don't think normal is the right way to think about 2022.
1:29.6	But I think better.
1:31.6	I really do think better.
	...

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