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Strikes, Gas Shortages, Higher Interest Rates and Inflation Point To A Summer of Discontent and Recession Rail unions strike for higher pay and better working conditions. More industrial action on the way threatening to stall the economic recover and drive the country into recession. The US and China, the world’s two biggest economies are also stalling, and Germany is facing gas rationing. Inflation is at a 40-year high forcing central banks to raise interest rates pushing up the cost of borrowing for millions of cash-strapped consumers. Stock markets recovered slightly after falling sharply last week. People buying less at supermarkets as food prices rise, BBC reports. Interest Free Loans Launched To Help The Financially Vulnerable A Treasury-backed scheme offering interest-free loans to the financially vulnerable is being rolled out in various parts of the UK to help up to 20,000 people. The UK government scheme will be run by credit unions and other lenders, with an aim is to offer emergency loans to people who would normally be turned down due to the fact they would be unable afford the interest payments. The scheme was trialled in Manchester and is now being expanded in a larger pilot phase to various locations across the UK which will last for up to two years, after which a decision will be made on whether to roll it out further. What will the No Interest Loan Scheme offer? · Only available to people who have been turned down for normal borrowing · Can borrow between £100 and £2,000. The average amount borrowed is £500 · Can borrow the money for six to 18 months. The average length of time is 12 months · Customers can only have one no interest loan Soaring inflation led interest payments on government debt to hit the highest amount for May on record. Interest payments paid by the government for last month hit £7.6bn, up £3.1bn from a year earlier. That’s around £245,000,000 a day just to cover interest on government debt! Interest payments have totalled £14.1bn, up £4.7bn year on year, in the current financial year since April. Taxpayers will ultimately have fund the cost of trillions in debt through higher taxes. Even the Nasdaq darling, Netflix, is not immune to the economic slowdown announcing another round of job cuts as it struggles with slowing growth and increased competition. The streaming giant is slashing 300 more jobs - roughly 4% of its workforce - mostly in the US, after a sacking 150 people in May. The news come after the company reported its first subscriber loss in more than a decade in April. Learn how to create wealth and buy and control property using other people’s money! Claim your free Wealth Accelerator Discovery Callwith me: https://calendly.com/charleskelly/wealth-accelerator-discovery-call

Interest rates have been increased from 1% to 1.25%, the fifth consecutive rise, to reach the highest level in 13 years. In America, the Fed went further raising rates by .75% to a target range of 1.5-1.75 percent and forecasts a 3.25-3.5 percent fed funds rate by year-end. It comes as finances are being squeezed by the rising cost of living, driven by record fuel and energy prices. Inflation - the rate at which prices rise - is currently at a 40-year high of 9%, and the Bank – which last year said inflation was “transitory” now warns it could surpass 11% by October. But everyone knows inflation is already well into double digits with heating and fuels bills doubling for many families. Watch videoversion - https://youtu.be/hlTwicSwPIw In a survey carried out by the BBC some people revealed that they are skipping meals to save money and cutting back on spending on luxuries and entertainment. With no sign of oil and gas prices coming down soon, this all points to a recession. Crypto collapse continues as BTC losses top 70% Many major cryptocurrencies have fallen by up to a quarter of their value over the past day Bitcoin crashed below $21,000 on Wednesday, dropping a further 10 per cent overnight to reach its lowest level since the end of 2020 - at $20,630 as I write. Ethereum has collapsed from just under $5,000 in November 2021 to just over $1000 and other cryptos have fallen off the cliff. Some cryptocurrencies have since recovered slightly, though analysts warn that the volatility may not yet be over. Bitcoin is trading at $20,630, and has dropped 25% in the past five days alone its lowest value in 18 months. Its peak of almost $70,000, in November, feels like another era. There has never been a more pressing time to learn how to manage your money – you can watch my free training video by clicking here - https://bit.ly/3H2WcbA How to survive What will you do to survive and even thrive in this recession? 80% OF PEOPLE WHO WANT MORE NEVER DO ANYTHING TO EARN MORE Here are my 10 inflation-busting tips: 1. Loyalty cards and money saving and rewards websites can save you thousands 2. Maximise your returns on savings and investments and invest spare cash into assets 3. Clear credit card debts as fast as you can or transfer to interest free offers 4. Abandon ‘brand loyalty’ for better deals on similar products and services 5. Shop wisely at discount store, look for price reductions and stay flexible 6. Cook from scratch and avoid expensive pre-prepared microwavable meals 7. Get control of your finances and stop spending more than you earn 8. Earn more than you spend by increasing your income 9. Get a part-time job – there are millions of job vacancies in the UK 10. Start a part-time side hustle or retrain for a higher paid career. JOIN ME FOR UK PROPERTY TALK SAT 28 MAY 2022 10AM 75% of mortgages are fixed 40% of fixed rate mortgages are fixed for 5 years. More houses in the UK are owned out right with no mortgages than those with mortgages. Register - https://contexttraining.aweb.page/p/c1e369d0-56b1-45a3-8264-0c0a7e875d23 click here to register

Apple will launch a new ‘buy now pay later service’ (BNPL) scheme in the US to spread the cost of purchases over four to six weeks. The BBC reported last December that over 15 million people in the UK are already using BNPL services run by the likes of Klarna, Clearpay, Laybuy and PayPal. Challenge to traditional; banks. Citizens Advice reported concerns that 12 million adults are using BNPL services to pay for essentials such as food a toiletries. Deferring payment will be made even easier with millions of iPhone users tapping their way into easy debt. The BNPL market is expected to be worth £30 billion by the end of the decade. Apple’s move comes as the cost of living has reached new highs with the cost of unleaded petrol hitting £2 per litre! One haulage firm said the cost of fuelling a truck has risen by £20,000 a year, which will be passed on to customers. The pound fell this week after Boris Johnson survived a vote of no confidence. Although the Queen’s Jubilee celebrations gave a welcome boost to spending on hospitality, consumer spending was down in May as the cost of living continued to rise, according to the British Retail Consortium. Food prices continue to soar as India bans wheat exports and shortages are starting in some countries. There is nothing new about consumer debt, but the speed and ease of obtaining credit almost instantaneously has changed in the last few years. Consumer debt is “dumb” according to Warren Buffett, one of the world’s richest and most successful investors. There has never been a more pressing time to learn how to manage your money – you can watch my free training video by clicking here - https://bit.ly/3H2WcbA Good debt, used for instance to purchase assets, such as property, or start businesses, is smart borrowing, as I explain in my book, Borrow and Grow Rich. The rich and wealthy have been using smart borrowing or ‘other people’s money (OPM) for centuries to finance business ventures and build huge property portfolios. You can learn the secrets of property investing using OPM and build your own portfolio. With inflation running at near double figures the real purchasing power of your cash is being eaten away and will halve every 8 years if consumer prices continue to rise by 9%pa. However, you can use inflation to your advantage using the right assets and good debt. FREE TRAINING – PROPERTY INVESTING SECRETS This Property Investing Secrets free training webinar is designed by the industry’s top investing trainers to bring you 120 minutes of valuable content; providing you with the tools to successfully invest in buy-to-let properties, raise finance and build a mighty portfolio from the ground up. Live training Wednesday 8 June 2022 at 7pm UK time. CLICK TO JOIN THE LIVE ONLINE EVENT https://bit.ly/3DlSlCL

Has The Property Market Crash Started? In this episode: Market slowdown has already started in UK and US. Sales activity slowing as mortgage rates soar. Property slowdown usually follows a stock market fall, which has happened. Affordability at record high Average UK salary - £31,772 (2021) Average UK house price £278,000 (March 2022) 278,000/31772 = 8.75 x average salary to buy an average property in the UK Inflation over 8% in US and Eurozone, which means higher interest rates. Higher rates could crash the already weakened economy. How will UK market react? A 20% drop in prices will still only leave us to the market was in 2020. Buying and selling at auction – UK Property Talk JOIN ME FOR UK PROPERTY TALK SAT 4 June 2022 10AM Buying and Selling at Auctions – click here to register https://contexttraining.aweb.page/p/c1e369d0-56b1-45a3-8264-0c0a7e875d23 FREE TRAINING – PROPERTY INVESTING SECRETS This Property Investing Secrets free training webinar is designed by the industry’s top investing trainers to bring you 120 minutes of valuable content; providing you with the tools to successfully invest in buy-to-let properties, raise finance and build a mighty portfolio from the ground up. Live training Wednesday 8 June 2022 at 7pm UK time. CLICK TO JOIN THE LIVE ONLINE EVENT https://bit.ly/3DlSlCL

How To Solve The Energy Crisis At A Stroke Soaring oil and gas prices are crippling western economies and ordinary people are suffering. But there is a way western leaders can end the energy crisis in an instant…watch video. Check out full video - https://youtu.be/t-yniGn_SKA ECB Warns Of Housing Market Bubble The European Central Bank has warned this week that a housing market correction – caused by faltering economies, inflation and the Ukraine war – could put banks at risk of defaults and hit low-income families. Windfall tax to help people with fuel bills announced In the UK, Chancellor Rishi Sunak has announced a £5 billion package to ease the burden on soaring energy bills for millions of households. The aid will be funded by a controversial ‘windfall tax’ on energy companies which have profited from record oil and gas prices. Every household will receive £400 through their energy bills and the poorest will also receive £650 to help with the rising cost of living. FREE TRAINING – PROPERTY INVESTING SECRETS This Property Investing Secrets free training webinar is designed by the industry’s top investing trainers to bring you 120 minutes of valuable content; providing you with the tools to successfully invest in buy-to-let properties, raise finance and build a mighty portfolio from the ground up. Live training Wednesday 1 June 2022 at 7pm UK time. CLICK TO JOINTHE LIVE ONLINE EVENT https://bit.ly/3DlSlCL JOIN ME FOR UK PROPERTY TALK SAT 28 MAY 2022 10AM Number of rental properties growing in the UK – click here to register New research shows the number of UK rental properties has grown by over 1.1m in the last decade, placing the UK in the top 10 globally when it comes to the balance between homeownership and renting. Register - https://contexttraining.aweb.page/p/c1e369d0-56b1-45a3-8264-0c0a7e875d23

Global share prices experienced sharp falls in UK, US and Asia as rising prices and slowing economies spook investors. On Wednesday, US shares recorded the biggest one-day drop in two years since the start of the pandemic. The NASDAQ plummeted 4.7% and has opened down again continuing a longer-term decline – down 18% YTD and the DOW JONES declined 14% since the start of 2022. It’s not only tec stocks being sold off. Blue chips, like Unilever and Tesco’s, have also dropped by 4.4% and 5% respectively. The biggest Faller on the UK market was Royal mail plummeted 12%. The UK FTSE 100 index fell 150 points today. Inflation Inflation is eating away at your savings as well as costing you more to live. The buying power of your money in the bank is falling by around 10% every year, which means that £1000 will be worth just £900 next year. In other words, in 12 months’ time your £1000 will buy you the equivalent of £900 of the same goods. In the meantime, the price of those goods are going up by 10%. If inflation figures were calculated in the same way as they were previously headline rate would be double today’s official rate. Main points: · Retail prices index rising by 13% pa and includes the price of all goods excluding property costs – which have gone up massively. · Manufacturers price rises rising by over 15% pa. · Commodities, such as oil, wheat, fertiliser and animal feed have gone up by 50% to 100% in some cases. · The war is not causing inflation, sanctions are. · UK economy fell in April by 0.1%. · US economy declines for first time since 2020. What can you do to protect yourself and your family? UK Property Talk Show 10AM Saturday. Click link to join: - https://bit.ly/3sjxRa1 How can you not only protect your savings against inflation but also increase the value of your money! Invest in real assets which appreciate in value over time, such as property and shares in profitable businesses. Join me on UK Property Talk to discuss this and other property matters this Saturday at 10 am. Click here to register for UK Property Talk - https://bit.ly/3sjxRa1

Trouble Ahead For UK Landlords As Section 21 ‘No Fault Evictions Will Be Abolished In this episode: · Renters Reform Bill announced in Parliament. · Planning reform · Property prices · Demand has jumped for properties where all the bills are included in the rent, according to Rightmove. · The property website said inquiries for build-to-rent homes with bills included had risen by 36% over the past year. · It comes as two students had to pay £27,000 up front to secure a Cardiff flat, due to rental market demand. · The Welsh government plans to consult on rent control for private rentals. · Rents are rising at the fastest rate for more than 13 years, according to property experts Zoopla. They said this is because of limited supply, caused by an "exodus" of private landlords. · Last month, Wales had the biggest annual jump in rental prices outside of London - up 13.9% to £882 per month according to Rightmove. UK Property Talk Show 10AM Saturday. Click link to join: - https://bit.ly/3sjxRa1 UK Economy dips last month following US quarterly fall in output. The vast majority of 'buy-to-let' landlords are small investors with one or two properties, and many are accidental landlords. Landlords I have spoken to said they would pull out of the market if 'open tenancies' were forced upon them and would be too nervous to rent out a property to a tenant were they would not be sure about getting back possession at the end of the tenancy. Join me on UK Property Talk to discuss this and other property matters this Saturday at 10 am. Click here to register for UK Property Talk - https://bit.ly/3sjxRa1 You will be sent a link to join this exclusive live event.

Interest rates rise as Bank of England warn of recession and 10% inflation The Bank of England has warned that the UK economy will shrink this year as it raises interest rates to try to stem the pace of rising prices. Base rates were hiked to 1% from 0.75% (50% higher), their highest level since 2009 and the fourth consecutive increase since December. With fuel, energy and food costs soaring partly due to the Ukraine war, inflation is now at a 30-year high and will reach 10% by the end of the year, according to Bank of England Governor Andrew Bailey. Ordinary people are starting to rein in spending which is hitting growth. Watch video version – Click here https://youtu.be/ccHYLfMXBwA Will higher interest rates curb inflation? Higher interest rates make it more expensive for consumers and businesses to borrow, leading to lower spending and demand. People start spending less, demand for goods and services cool slowing the pace of price rises. However, there are some economists who think that that increases in interest rates may have little effect in a situation of rising global oil and gas prices. The Bank of England’s Monetary Policy Committee (MPC) said the UK economy is expected to contract in the final three months of this year. It is also expected to shrink by 0.25% in 2023, down from the Bank's previous forecast of 1.25% growth. The MPC has also slashed its growth outlook for 2024 to 0.25%, down from 1%. Bank of England governor Andrew Bailey said the UK was set for "a very sharp slowdown" but declined to call it a recession. A majority of six members of the Bank's MPC voted to lift interest rates to 1% but the remaining three members wanted a steeper rise to 1.25%. The Bank now expects inflation to hit 9% in the coming months - up from its previous forecast of 8% - and to reach 10.25% by the end of the year. Fed raise rates by highest in 22 years The US central bank has announced its biggest interest rate increase in more than two decades as it toughens its fight against fast rising prices. The Federal Reserve said it was lifting its benchmark interest rate by half a percentage point, to a range of 0.75% to 1% after a smaller rise in March. With US inflation at a 40-year high, further hikes are expected. Last year, the Fed and BOE claimed that inflation was transitory and temporary. Stock markets around the world ended the week in the red with the Nasdaq falling 5% on Thursday, the largest fall in two decades. To help you get through this and come out stronger at the other end I am offering subscribers a free MONEY MASTERCLASS. Join me for an intimate Money Masterclass this Wednesday The NEW WAY to build your wealth, IMMEDIATELY GET CONTROL of your money and learn how you can become FINANCIALLY FREE in 28 days using my S.M.A.R.T MONEY FORMULA! With inflation at a 30-year high there has never been a better time to join me for this brand new Money Masterclass! I am inviting a small group of people only to join me this WEDNESDAY 7PM for an intimate S.M.A.R.T Money Masterclass! >>> REGISTER HERE - https://contexttraining.aweb.page/p/101d6194-4fe4-4036-8cc8-615ecc35f857 Secure your seat now!

The world’s largest economy contracted by an annualised rate of 1.4% in the first three months of this year. The sharp drop follows growth of over 6% in the final quarter of 2021. Business insolvencies in England and Wales jump to 60 year high. Rapid increase in voluntary liquidation is driven by inflation and supply chain difficulties. World Bank warns of human food catastrophe and war causes shortages and soaring prices. Food prices are now at the highest rate since UN Food Index tracking records began 60 years ago after jumping 13% in March. Watch video version What does inflation mean to you? The costs of goods and services has risen by 49.4% since 2010, which means you need £14,936 to have the same buying power as £10,000 in 2010. Stock Markets jittery Stock markets in Europe and Asia fell sharply this week at n fears of Chinese lockdowns but later recovered. House prices still rising in the UK A shortage of family homes continues to drive up demand despite recent interest rate rises. 3 quick tips to GET CONTROL of your finances in times of rising prices. 1. Get control of your outgoings and expenditure. 2. Get control of debt. 3. Get control of spending. Also check out my ‘5 Inflation-Busting Tips’ for money saving ideas to help you through this. -https://youtu.be/2jZCO4V7uX0 Make the most of your money and resources and learn how to get control and manage your finances. Consider investing in real assets which tend to hold their value and act as a hedge during times of high inflation. Assets like property, stock and shares and gold have long been held as a long-term inflation hedge. Do people get rich during recessions and depressions? The answer is yes! To help you get through this and come out stronger at the other end I am offering subscribers a free MONEY MASTERCLASS. Join me for an intimate Money Masterclass this Wednesday The NEW WAY to build your wealth, IMMEDIATELY GET CONTROL of your money and learn how you can become FINANCIALLY FREE in 28 days using my S.M.A.R.T MONEY FORMULA! With inflation at a 30-year high there has never been a better time to join me for this brand new Money Masterclass! I am inviting a small group of people only to join me this WEDNESDAY 7PM for an intimate S.M.A.R.T Money Masterclass! >>> REGISTER HERE - https://contexttraining.aweb.page/p/101d6194-4fe4-4036-8cc8-615ecc35f857 Secure your seat now!

Food shortages and even rationing could be on the way as the Russia Ukraine war continues. Sanctions against Russia are forcing up the price of everything from oil and gas to wheat and Fertiliser chemicals. This is adding to existing problems of inflation caused by ‘government money creation’, soaring shipping costs and supply chain issues in China. Farmers are warning of coming food shortages, as items like cooking oil disappear from supermarket shelves. Watch video version. Economy is in winter season right now but…winters don’t last forever! · Bulk buy non-perishable consumer goodsand food as a hedge against inflation · Buckle down, tighten your belts and get through this, you will survive! · Consider spreading the cost on direct debit to cushion the blow. · Build your credit lines and watch your credit rating like a hawk. · Earn more cash by doing part-time jobs or a side-line business. Watch my ‘5 Inflation-Busting Tips’ for money saving ideas to help you through this. -https://youtu.be/2jZCO4V7uX0 Join me for an intimate Money Masterclass this Wednesday The NEW WAY to build your wealth, IMMEDIATELY GET CONTROL of your money and learn how you can become FINANCIALLY FREE in 28 days using my S.M.A.R.T MONEY FORMULA! With inflation at a 30-year high there has never been a better time to join me for this brand new Money Masterclass! I am inviting a small group of people only to join me this WEDNESDAY 7PM for an intimate S.M.A.R.T Money Masterclass! >>> REGISTER HERE- https://contexttraining.aweb.page/p/101d6194-4fe4-4036-8cc8-615ecc35f857 Secure your seat now! >>> REGISTER HERE- https://contexttraining.aweb.page/p/101d6194-4fe4-4036-8cc8-615ecc35f857 Join me LIVE… Here’s a reminder of what we’ll cover in the training: 1. HOW TO GET CONTROL OF YOUR FINANCES 2. HOW TO BE FINANCIALLY FREE IN 28 DAYS 3. HOW TO ACCUMULATE WEALTH >>> REGISTER HERE With so much uncertainty in the world, with businesses, jobs and the economy being turned on its head, there's never been a better time to take ownership for what you can control! Book your place now NOW. I look forward to seeing you there! P.S. There are limited places available. We’ve had a HUGE response already! Do not miss out - REGISTER YOUR SEAT NOW REGISTER HERE  - and join me to discover how to build wealth, IMMEDIATELY GET CONTROL of your money and learn how you can become FINANCIALLY FREE in 28 days using my S.M.A.R.T MONEY FORMULA!

The controversial Tesla boss has offered $54 a share valuing Twitter at $40 billion. Musk, who refused a seat on the board after becoming Twitter’s largest shareholder earlier this month, said he is the right person to “unlock” the social media platform’s “extraordinary potential”. As the share price jumped 5%, he warned that he would have to “reconsider” his stake in the company if his bid was refused. The billionaire has taken Tesla from start-up to the world’s most valuable car maker. See video version- https://youtu.be/NcZztHe9qzs Trouble ahead as consumer prices reach highest level since 1992 “Over 36 countries depend on Russia or Ukraine for half their wheat imports” Antonio Guterres, UN Secretary General In a broadcast this week, the UN Secretary General warned of rising poverty and added: · Wheat up 30% · Oil up 60% · Natural Gas up 50% · Fertiliser up 100% These essential commodities affect all our daily lives and have risen in price far above the published inflation rate. Official CPI inflation in the UK is now at 7% pa and, with commodity prices soaring, could reach double digits before the year end. Prices are going up at the fastest rate for 30 years when the UK was in recession and the property market was stagnant. Pay rises are falling behind against the cost of living, which means people have less money to spend on luxuries after paying for essentials. Businesses are facing the dark prospect of higher costs and lower income. Savers are seeing the value of their capital eroded by inflation – every £100 will buy £93 next year if the rate stays the same. Economy is in winter season right now but…winters don’t last forever! · Buckle down, tighten your belts and get through this, you will survive! · Consider spreading the cost on direct debit to cushion the blow. · Build your credit lines and watch your credit rating like a hawk. · Earn more cash by doing part-time jobs or a side-line business. · Bulk buy non-perishable consumer goods and food as a hedge against inflation. Watch my ‘5 Inflation-Busting Tips’  for money saving ideas to help you through this. -https://youtu.be/2jZCO4V7uX0 Make the most of your money and resources and learn how to get control and manage your finances. Consider investing in real assets which tend to hold their value and act as a hedge during times of high inflation. Assets like property, stock and shares and gold have long been held as a long-term inflation hedge. Remember, you are not alone. Get help, take advice, and use debt counselling services like Citizens Advice if you are having trouble. Can you take proactive steps to increase your wealth? Do people get rich during recessions and depressions? The answer is yes! To help you get through this and come out stronger at the other end I am offering subscribers a Free Wealth Discovery Accelerator Call.  - https://calendly.com/charleskelly/wealth-accelerator-discovery-call I will personally speak to you to help you accelerate your wealth building journey. Click HERE to schedule a call with me.

UK house prises continue to rise due to a shortage of family homes, the Halifax reports Despite the worst recession since the second world war, the price of the average home in the UK has rocketed by £43,577 since the start of the first lockdown two years ago, the Halifax has said. The UK’s biggest mortgage lender said the 18.2% rise increased the cost of an average home to £282,753. Buyers seeking more space saw a 21% rise in the price of detached homes compared with a 11% rise in flat prices over the same period. Higher mortgage rates will start to reduce buyer affordability and the amount people can borrow, which may dampen prices. Increased living costs will inevitably affect how much first-time buyers can save, borrow and spend on a property. As we enter the traditional springtime buyer activity season, estate agents are already reporting continued demand and a shortage of larger family houses, which means sellers can obtained higher prices. Funeral plan provider goes bust – what do you now if you have a prepaid plan? Following the recent utility providers bankruptcies, another inflation-led disaster is brewing in the funeral industry. Safe Hands, a UK ‘prepaid funeral plan’ provider, has collapsed into administration, leaving thousands of customers worried about what to do now, plus many others concerned that other companies will follow suit amid soaring costs and inflation. Insurance vs Prepaid Funeral Plans Full article Other Financial News NI tax rises kick in, most employers and employees will pay an extra 1.25p in the pound, but lower paid will pay less due to recent threshold changes in Rishi Sunak’s budget. Economic winter The economy is in winter, but winters are tough but they never last forever. Like the farmer who prepares for the next season’s work, now is the time get ready and come out even stronger when the recession ends. To help you get through this and come out stronger at the other end I have prepared a brand-new training, which you can access right now from the comfort of your home. To help you get through this and come out stronger at the other end I am offering subscribers a Free Wealth Discovery Accelerator Call. I will personally speak to you to help you accelerate your wealth building journey. Click HEREto schedule a call with me.

Are Your Learned Limiting Beliefs Holding You Back? Many of us have baggage that we carry around throughout our lives like a camel. Most of these limiting beliefs or fixed ideas are things that we have learnedthrough experience from people or events in our lives. Some of these come from a parents, friends, lovers, teachers and so on. Watch video version. Unfortunately, many of these beliefs are negative. They have not come from successful, positive people, but usually from unsuccessful, negative people that we encounter in our lives. We carry these beliefs around like backpacks which weighs us down throughout our lives. We drag them into new relationships and expect people to accommodate us and our emotional baggage. Examples of these beliefs could be: · I don’t trust men, I don’t trust women · Rich people are greedy crooks or evil · Money is the root of all evil or is bad for us · People who are nice to us want something in return. · People of a certain race, age or gender are this way or that way Learned beliefs are deeply ingrained into our minds like a default setting, which you can replace with a new setting. We will continue to carry beliefs around and unless we deal with them they will slow us down for the rest of our lives. Instead of taking the ‘beliefs backpack’ off of our backs and mentally throwing on a virtual fire, we expect people to “deal with it” because “this how I am” so “take it or leave it”! There are many books, techniques and guided meditations available to help you unblock or get rid of limiting beliefs. Find something that works best for you and helps free you from any beliefs which are holding you back. Economic winter The economy is in winter, but winters are tough but they never last forever. Like the farmer who prepares for the next season’s work, now is the time get ready and come out even stronger when the recession ends. To help you get through this and come out stronger at the other end I have prepared a brand-new training, which you can access right now from the comfort of your home. Check out my new training to help you get control of your financesand learn how to become financially free in 28 days! Click to join: https://bit.ly/3isugCr

5 Inflation-Busting Tips To Survive The Coming Recession Spring may be in the air, but the economy is still very much in winter! Like the seasons, the economy and markets are subject to natural cycles. We have had a long upturn and bull market and now we are entering a downturn or bear market. Inflation has reached a 40-year high, prices of everything going through the roof and a war causing a food a fuel crisis. Stock markets have been falling from their recent highs, and the property market may have reached a peak as demand slows. Watch videoversion - https://youtu.be/2jZCO4V7uX0 Last week, hundreds of workers for P&O Ferries were fired without warning on Twitter and replaced by cheaper agency staff. How would you cope if you lost your job? Do you have sufficient savings to pay your bills? How long will your savings last? What will you do to survive and even thrive in this recession? Here are my 5 inflation-busting tips: 1. Loyalty cards and money saving and rewards websites can save you thousands 2. Maximise your returns on savings and investments 3. Clear credit card debts as fast as you can or transfer to interest free offers 4. Abandon ‘brand loyalty’ for better deals on similar products and services 5. Get control of your finances and stop spending more than you earn Winters are tough but they never last forever. Like the farmer who prepares for the next season’s work, now is the time get ready and come out even stronger when the recession ends. To help you get through this and come out stronger at the other end I have prepared a brand-new training, which you can access right now from the comfort of your home. Check out my new training to help you get control of your financesand learn how to become financially free in 28 days! Click to join: https://bit.ly/3isugCr #money #business #stockmarket #property #foodprices #freetraining #financialfreedom #inflation

The US Federal Reserve is raising interest rates for the first time since 2018 in an attempt to bring fast-rising prices under control. The US central bank said it was lifting its benchmark rate by 0.25% and signalled plans for further rate rises in the months. Watch video version The Bank of England increased rates for the third time in the last six months to .75%. The moves come as the economy faces new uncertainty caused by the Ukraine war and coronavirus outbreaks in China. They are expected to have widespread global repercussions. By increasing rates, the Fed will make it more expensive for households, businesses and governments to borrow. It is hoping that will cool demand for goods and services, helping to ease price inflation in the US, which hit a new 40-year high of 7.9% last month. U.S. and other global stock prices have been falling since the Federal Reserve warned that they would finally slow down their massive monthly bond-buying scheme and begin hiking interest rates – kept artificially low since the 2008 financial crash - in 2022. The Fed's aggressive bond-buying scheme literally just ended last week. Rising interest rates do not necessarily mean falling stock prices, as was the case in previous hikes. Consider this simple chart I recently created which shows how the S&P 500 index has reacted to Fed interest rate changes over the last 20 years. US stocks ended 2.2% higher on the news. · OECD warns that Ukraine war “could” hit world growth, really? We’d never have guessed! · What is the real inflation rate…and what are the consequences of soaring prices for ordinary people? · Free Financial Training! Get control of your finances in 2022. We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free! If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2. #property #inflation #money #business #stockmarkets #interestrates #nomoneydownproperty

Sanctions on Russia are having a negative impact on Western economies at a time when they were starting to recover from the pandemic led recession. As the US and UK bans imports of Russian oil, and price of oil soars to near record levels, it has been reported that Middle East leaders refused to speak to President Biden. This could signal a major shift in the world balance of power away from US dominance. View Video Version - https://youtu.be/_Z0_kwsD8rs Food prices will rise even higher as wholesale wheat and fertilizer prices rise. The price of filling up the average family car with petrol has gone above £90, and in the US where petrol was always so cheap it has now hit $4 a gallon. This will inevitably mean less available money for people to spend in the wider economy. Stock markets around the world have been falling in the last month, but commodity prices and precious metals are going through the roof! Take a look at Gold, Silver, platinum and Uranium. · Gold up 13.9% in last month. · Silver up 13% in the last month · Palladium up 9%. The price of Uranium, used in nuclear fuel, has risen to a near 10 year high and 30% in the last six weeks. Some Uranium stocks have shot up by over 50% recently. When you include higher interest rates, this mirrors the situation we had before the 2008 financial crisis. The price of oil impacts just about every part of our economy. Money Saving Tips There have already been warnings last year of rising food prices due to higher fuel costs, and even the UK post office has announced that it will be increasing the price of a first class stamp by 10p to 95p on the 4th April. Tip. If you want to stock up on stamps you could save yourself a 12% rise, which about 120 times more than you can earn leaving your money in the bank on deposit! If you live in the UK, now is the time to start thinking about topping up your ISAs and Pensions before the end of the tax year on 5 April. Don’t leave your money in the bank! Well, not the same bank anyway. Firstly, your deposits are only protected up to £85,000 by the Deposit Protection Scheme. Secondly and more importantly, you could double the return on your deposits and ISAs by switching banks for a better deal. My own bank has not increased savings rate despite TWO recent interest rate hikes. Loyalty does NOT pay! Get control of your finances in 2022. We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free! If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2.

Oil and Gas price soar amid supply chain worries after the Russian invasion of Ukraine. With inflation already soaring to 30-year highs there is no sign of relief for businesses and consumers recently hit with higher prices for petrol and gas. UK and European stock markets fell sharply with the FTSE 100 closing down 190 points (2.57%) and the FT250 down 696 or 3.57%. US markets are also down wiping billions of dollars off the value of western companies. Watch video version Russia’s economy appears to be in freefall as sanctions force a collapse of the Rouble and Russian stock market. Businesses are severing ties with Russia and lending markets are being closed off. Property News HMO landlords renting rooms on an ‘bills included’ basis will be hit with massive cost increases this year. Gas prices have already doubled and could go even higher if the war chokes off supplies. The Nationwide survey was published this week and reported a 12.6% annual increase in UK house prices to February 2022. The cost of a typical UK home rose by a record £29,162 in the last year, the biggest cash increase in property prices since it started collecting comparable data in 1991, according to the Building Society. The price of an average UK home is £260,230 but around double that figure for most of London and the Southeast. Property prices are being driven by continued demand from buyers who are competing for relatively few properties on the market, especially larger homes outside of big city centres. Second property owners in some parts of Wales could face a 300% council tax hike in a bid by the Welsh government to make homes more affordable for local people. London sales and rentals appear to be bouncing back as people start to return to the office, but retail shops and cafes have taken a hammering in the last two years and thousands have closed for good. Take a look around any shopping mall or high street and you will see many empty units. Whether property prices can continue to rise in the current economic climate remains to be seen. You can learn how professional property investors make money whether the average market is moving up or down, with the biggest opportunities coming during a recession or downturn which is looking more and more likely. Get control of your finances in 2022. We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free! If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2

Markets Crashing Around The World As Russia Invades Ukraine Billions are being wiped of the value of stock markets all over the world today on the news that President Putin has sent his army into Ukraine. The prices are flashing red and moving down. On Thursday, the FTSE lost over 3% or 300 points and the Dow Jones was down nearly 700 points by 2%. Watch video version - https://www.linkedin.com/groups/8943012/ The FTSE is down 10% since January. The US S&P and Nasdaq indices are also down over 10% from recent highs, which is entering into correction territory. Oil topped $100 a barrel and gas prices jumped again threatening to send western economies further into recession. Consumers will be hit with higher petrol, gas and food prices as sanctions are imposed on Russia. Will property follow stock market falls? Property prices in the US could have peaked after a 20% spike last year as higher mortgage rates (anticipating a rate increase by the Fed) are already hitting buyers and refinance applicants. UK average asking prices in February were up by a record £7,785 compared to last month. Demand is being driven by ‘second steppers’ in search of more space sending prices nearly £40,000 higher than since the start of the pandemic. The price of property coming to market rose 2.3% in February, or £7,785, according to Rightmove’s latest House Price Index. Whilst the UK market is still buoyant, the two recent interest rate hikes to .5% will make it more expensive to buy and remortgage property. End of tax year tax saving hints. With the end of the fiscal year looming on 5 April, now is the time to start tax planning your ISA and pension contributions. You can put up to £20,000 into a tax-free ISA each fiscal year, as well as maximising your pension contributions. If you are in the UK and earn less than £18,570 a year from income and savings interest, your savings interest is tax-free due to tax-free savings and the starting savings rate. There are other more specialist tax saving investment schemes, such as Enterprise Investment Scheme (EIS) and Venture Capital Trusts(VCTs). Talk to an independent final adviser. Get control of your finances in 2022. We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free! If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2. #property #inflation #money #business #stockmarkets #interestrates #nomoneydownproperty #financialfreedom #isa #pension #EIS #VCT #mortgage #mortgage #propertybuyer

What can you do to prepare for the coming recession? Signs of a downturn include: Watch video version 8 tips to survive the coming recession 1. Make a spreadsheet of all your income and outgoings. I cover this in my books and many of my podcasts. This is vital if you are going to get control of your finances and a must during a downturn when your income will be squeezed. 2. Tighten your belt. Cut out all unnecessary expenditure and check those standing orders and direct debit‘s to get rid of memberships and services you no longer require or use. Unfortunately, this has a knock on effect on businesses and almost becomes a self filling prophecy driving the world further into recession. 3. Reduce credit card balance or pay off if possible. With credit card interest running anywhere between 18 and 40%, it makes no sense to have money in the bank earning less than 1%. You should still have a cash reserve but if you can pay off cards or switch them to lower interest or interest free deals then by all means do so as this will save you a fortune in interest payments. 4. Build up a cash reserve of 6 to 12 months of outgoings. This is essential during a downturn when the job may not be safe. Everyone should have cash reserves equivalent to 6 to 12 months of household expenditure. In reality, 90% of people have no savings and are only a couple of salary payments away from bankruptcy and homelessness. 5. Take a part-time job to earn extra money or change jobs. With inflation running at record rates, your income, even with pay rises, will not be keeping pace with rising costs. You may need to consider finding ways of earning extra money through a part-time job or home-based business. 6. Review your investments. Review your investments to ensure that you are not exposed to a stock market downturn or crash. This includes your pension funds and any savings ISAs or mutual funds. Seek independent financial advice. Fund managers and advisers will often advise you to stay in the market even if it’s going down. 7. Review your mortgage, insurance loans and suppliers. Reviewing your loans and suppliers can save your fortune and is even more important during the recession. Loyalty does not pay. I have saved thousands of pounds by switching mortgages, utility suppliers and insurance contracts. 8. Finally, stay positive and plan to come out of this recession even stronger. During a recession, many people give up and say things like, there’s no point in working because nobody’s got any money. Make sure you are working harder than the competition. Warning Free access to Groove Funnels and lifetime offer ends 22nd of February. Yes, free Access to GrooveFunnels - the new best way to build better websites, sales funnels and web pages that sell and build your business! - Free for LIFE - No games. No fine print. - No credit card needed ever! - $99/month value… Now free. - Grab your account while you still can! Take a closer look at it yourself, and pick up your free account while you’re there: https://groovepages.groovesell.com/a/uy9VcdqIvopT Lifetime access offer ends 22 Feb! If you get your account right now, you’ll still be able to keep your account for life, including all the future updates to the tools. Take some time to learn all about the software, but be sure to grab your free account before it’s too late.

With central bank rates rising around the world to control inflation, mortgage rates will be going up for millions of borrowers. If you have a long-term fixed rate mortgage you have nothing to worry about at the moment. However, roughly one quarter of borrowers in the UK are on variable or tracker rates, which means they could be facing substantial payment increases as base rates look set to continue upwards. The UK has just increased rates again - by .25% to .5%, and the US Federal reserve in look set to raise interest rates earlier than expected to combat a 7.5% inflation rate not seen since the 1980’s. City property rental increases as workers return to office Zoopla reports that the cost of renting a property in a city centre is going up as office workers, students and international residents come back. The UK is effectively dropping Covid restrictions this month and cities appear to be getting back to some form of normality. Renters are paying an average of £62 more a month than pre-pandemic rents Zoopla found. Unlike the US, most UK borrowers are on relatively short-term fixed rate mortgage deals, which means they could be in for a nasty shock when their rate expires. Now could be the time to talk to your financial adviser or mortgage broker about switching before rates go up again? Check the lender penalties to calculate the benefits of switching now. Mortgage lenders also whack on hefty fees for giving you a mortgage rate, plus early redemption and final redemption fees, which they used to call a ‘deed handing fee’! End of tax year tax saving hints. With the end of the fiscal year looming on 5 April, now is the time to start tax planning your ISA and pension contributions. You can put up to £20,000 into a tax-free ISA each fiscal year, as well as maximising your pension contributions. If you are in the UK and earn less than £18,570 a year from income and savings interest, your savings interest is tax-free due to tax-free savings and the starting savings rate. There are other more specialist tax saving investment schemes, such as Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCTs). Talk to an independent final adviser. Get control of your finances in 2022. We know exactly what the millionaire and billionaire habits and traits are, as success leaves tracks. All you need to do is follow their tracks to become wealthy and financially free! If you would like to learn more about investing and managing your money, become a professional property investor, or would like to be financially free without working any harder, watch this free on demand training. I will give a special free gift which can help you to immediately transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2.