This is Money Podcast3 Feb 2017

REVEALED: There is a way to save your money without losing out

We haven’t left the world’s biggest trading block yet so measuring the success of Brexit is tricky. It hasn’t happened. There’s still no plan.

But what we do know is this.

The inequality gap between rich and poor in Britain is growing.

More than 14million have not been able to save a penny in the last 12 months.

And HALF of earners of £25,000 or less haven’t put cash aside for the rainy days ahead.

But why would you save when the interest rates available are lower than inflation? It means saving is a way of losing money.

Unlike Brexit, there is a plan and it’s possibly an investment plan. And what if there was a timeframe over which you definitely don't lose out?

Join Simon Lambert, Georgie Frost and Lee Boyce for a round-up of how to save and invest, why and where, the pitfalls and the safety nets.

Also on the show:

Simon goes botty potty after an a artificially intelligent computer programme (bot) has beaten a team of leading human poker players. The ramifications for financial tools is colossal.

Mini bonds look too good to be true. They probably are.

How does pay-as-you go car insurance work and why does car finance fill us with dread?

And finally,

Lee, our coin correspondent, visited the Royal Mint coin making factory and is won over by the clinking of new pound coins.

Enjoy.

Email us hello@dmgmedia.co.uk

Text us 020 7938 6000.

Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen Crane

Producer: Georgie Frost

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