Money Box Money Box Live: What You Wish You'd Known
Aug 26, 2025
Join Deborah Meaden, renowned Dragons' Den investor and entrepreneur, as she shares invaluable insights on the financial wisdom many wish they had known earlier. Listeners reveal regrets about budgeting, understanding compound interest, and handling workplace pensions. Entrepreneur Dave Fishwick discusses his money mistakes and offers essential tips for financial success. Maths teacher Bobby Seagull emphasizes the critical need for financial education, while planner Kirsty Stone addresses the importance of cultivating positive financial habits for a secure future.
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Ask For Total Repayment Upfront
- When taking a loan, ask the lender plainly how much you will repay in total including fees.
- Divide the total by months to see the true monthly cost and compare offers.
Use Credit Cards Carefully
- Avoid paying only the minimum on credit cards and contact providers if repayments become unmanageable.
- Use credit cards only if you can discipline yourself to repay monthly and shop around for better deals.
Cashing Out A First Pension
- Bill regretted cashing out a pension from his first job and losing employer contributions.
- He warns younger people to take pensions seriously even if retirement seems distant.