How do younger generations deal with the financial challenges they’ve been dealt? And is it really harder than it was for their parents? Iona Bain is a writer, speaker, broadcaster and author of ‘Own It: How our generation can invest our way to a better future’. She started the Young Money blog in 2011 to help young people get to grips with personal finance and is currently BBC Morning Live’s money expert.

You can get Iona’s book here: https://amzn.to/4d0b0qW

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Hostinger (build your website) - and use the code MakingMoney to get 10% off: https://www.hostinger.com/makingmoney
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Investment platforms

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Trading 212
Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.
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InvestEngine
Get a £25 bonus when you invest at least £100.
https://investengine.pxf.io/daOD2Q

Vanguard
https://www.vanguardinvestor.co.uk/
This is not an affiliate link.
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This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

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Chapters:

00:00-00:28 - Intro
00:28-06:52 - Why are we talking more about money
06:52-13:53 - Financial challenges facing younger generations
13:53-14:49 - Hostinger ad
14:49-20:38 - Wealth and inheritance
20:38-23:33 - Why the tax system should be simplified
23:33-29:50 - The digitisation of money
29:50-34:46 - Is YouTube good or bad for financial information?
34:46-37:47 - Should we listen to rules of thumb?
37:47-44:49 - Are younger generations actually worse off?
44:49-51:24 - Compromise and financial milestones
52:24-01:01:54 - Own your success