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ICR030: The cost of a housewife

ICR030: The cost of a housewife

03/07/2015 Posted by Martin Bamford Podcast

ICR030: The cost of a housewife

This week in episode 30 of the Informed Choice Podcast, Martin talks about what people want from the emergency Budget next week, properly qualified Financial Planners, the cost of a housewife, the Golden Age Index from PwC and what on earth is going on in Greece.

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According to some new research by SunLife, the public would cut state support for older people in the emergency Budget next week. Why do we favour short-term gratification over long-term reward?

Greece owes its various creditors an awful lot of money. Martin explains what has been happening with Greece this week as the possibility of a ‘Grexit’ draws ever closer.

When you seek advice from a Financial Planner, you expect them to be qualified. Here in the UK, the minimum qualification requirement is at QCF Level 4. Many Financial Planners believe the minimum should be higher. What’s the difference between Level 4 and Level 6 qualifications?

PwC has developed a new ‘Golden Age Index’ to compare how well different countries are utilising workers aged 55 and over. Their Golden Age Index includes relative employment, earnings and training rates for older workers for 34 OECD countries over the period since 2003. Martin reviews the findings.

How many hours do you work each week? Some new research from LV= has found that homemakers work an average of 56 hours a week, not including childcare duties. What are the financial and lifestyle implications?

Here are links to everything covered in episode 30 of the Informed Choice Podcast:

Cranleigh Food & Music Festival

52 Financial Planners (book)

The Original Supper Box Co.

Station Eleven by Emily St John Mandel (book)

The Long Mars by Stephen Baxter and Terry Pratchett

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About Martin Bamford

Your host for Informed Choice Radio is Martin Bamford, an award-winning Chartered Financial Planner and Fellow of the Personal Finance Society. Martin is Director of Client Education at Informed Choice and the author of several personal finance books including The Money Tree, Brilliant Investing and How to Retire 10 Years Early.

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