This episode is sponsored by Unbiased a platform that connects you easily and quickly with over 27,000 FCA regulated financial advisors, accountants and mortgage brokers.

Connect with a financial advisor for FREE by visiting Unbiased here: [ Ссылка ]

Joining us in the booth this week is Zee who is a chartered accountant and EX-KPMG auditor.

In this episode we discuss:
- How Zee became an accountant accidentally
- Why accounting is the plumbing of a business
- Why people on £60,000 are struggling!
- Tips to weather the cost of living crisis
- Why it’s important to engage with your local government
- Possible solutions to the cost of living crisis
- How the wealthy pay less tax!
- What are our taxes used for?
- Is our tax money being used efficiently ?
- How to save taxes with your 9-5?
- The pro’s and con’s of capitalism and much more

Connect with Zee
Instagram: [ Ссылка ]
TikTok: [ Ссылка ]

Follow me on socials:
[ Ссылка ]
[ Ссылка ]

Listen to The Savvy Wallet Podcast on:
Apple Podcasts: [ Ссылка ]
Spotify: [ Ссылка ]

Check out our partners:
⚡️Trading 212⚡️
Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: [ Ссылка ]

Alternatively type SAVVY" directly in the app to get the free fractional share.

When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply.

⚡️Coursera⚡️
Learn AI, Cybersecurity, Project Management, Data Analysis & more with Coursera. Ato has personally used Coursera to obtain an AI certificate. Learn with Coursera: [ Ссылка ]

⚡️NordVPN⚡️
Get 3 extra months free with a 2 year plan: [ Ссылка ]

Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you.


TIMESTAMPS
0:00 - Preview
1:13 - Intro
1:48 - Meet Accountant Zee
7:01 - Language is key to getting business done
9:15 - What I learnt from growing up in South London
13:33 - How I became an Accountant (by accident!)
19:33 - Confidence opens doors!
20:28 - Accounting is the plumbing of your business!
22:04 - Don’t take a loan to pay your staff’s wages…!
23:54 - A business can be profitable but go under?!
25:51- This business was taking out loans and saying it was income!
27:38 - Unbiased Ad
28:26 - Why are people on £60,000 struggling?!
33:30 - Is there a way to protect yourself against a financial crisis?
34:43 - Pay lowest interest debt first?
36:25 - Tips to weather the cost of living crisis
37:17 - We should have more empathy for our peers
38:06 - Possible solutions to the cost of living crisis?
38:41 - Opting out from interacting with local government doesn’t serve you!
39:38 - The most revolutionary way to combat the cost of living crisis
44:41 - Knowing the value of things and not the price of things
45:38 - Economic depressions makes us do this…!
47:34 - £54 million spent on a bridge that doesn’t exist..!
49:41 - What is our taxes spent on?
50:45 - inflation causes people to pay more tax
51:34 - How the wealthy pay less taxes…!
57:12 - Is it possible to save taxes like the wealthy?
58:37 - If taxes were used efficiently. What would our lives look like?
1:02:42 - In France, they tell you what your tax is used for!
1:05:34 - Saving taxes with your 9-5
1:08:33 - Pro’s and cons of capitalism
1:17:08 - Final words!

Other EPISODES to watch:
EP. 117 - FINANCIAL ADVISOR: You’ll Never Retire With A UK Pension If You Don’t Do This..! ft. Godfrey Asare
[ Ссылка ]

EP. 112 - ACCOUNTANT REVEALS: 4 Things You MUST Do To Build And Preserve Wealth! ft. Crosby Enninful
[ Ссылка ]

EP. 110 - ACCOUNTANT EXPOSES: The UK Tax System Isn’t Designed For You To Get Rich…! ft. Benedicta
[ Ссылка ]

The information contained on this video is not intended as, and shall not be understood or construed as, financial advice. I am not a financial advisor and the information in this video is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.

We have done our best to ensure that the information provided on this video are accurate and provide valuable information. Regardless of anything to the contrary, nothing available on this video should be understood as a recommendation that you should not consult with a financial professional to address your particular information.

#thetakeoff #businesspodcast #motivationalpodcast

свернуть