Money Clinic podcast: Ought to I save, spend or make investments my bonus?

Record inflation, hovering power costs and tax rises — regardless of the gloomy financial and monetary headlines, three-quarters of readers who answered an FT ballot stated they anticipated their bonus to be larger, or considerably larger, than final yr’s.

If you’re fortunate sufficient to be a type of folks, this podcast episode is for you, as a result of the squeeze on residing requirements and turbulent inventory markets imply it’s much more necessary to make use of your bonus correctly.

Presenter Claer Barrett is joined within the FT studio by three specialists, FT columnist and former funding banker James Max, Nimesh Shah, chief government of tax specialists Blick Rothenberg, and Susannah Streeter, senior funding and markets analyst at Hargreaves Lansdown.

The three of them give their views on feedback from the FT readers who bravely bared their monetary souls to inform us whether or not they meant to spend, save or make investments their bonus — and why it pays to make use of tax environment friendly strategies like pensions and Isas.

If you wish to be a future visitor on Money Clinic podcast, please e-mail the workforce through [email protected] or observe Claer on social media @Claerb.

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