Ep 404 - The Big Mac index, romance scams and the banks with the best online security

Damien Fahy of moneytothemasses.com talks to Andy Leeks about money. On this week's show Damien discusses the Big Mac index, a price index created in 1986 by The Economist. It provides some light-hearted insight into the purchasing power of currencies using the price of a Big Mac as a benchmark and I explain which currencies are under and over valued based on the index. He also discusses romance scams, explaining how they work before providing some tips that can help you to avoid becoming a victim. Finally, Andy talks about banking apps and reveals the best and worst for online security.   Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show. 80-20 Investor - Take out a free trial The Big Mac index Demand flexibility service explained Which banks have the best online security?

Om Podcasten

Hosted by Damien Fahy of www.moneytothemasses.com, the Money To The Masses Podcast covers a wide range of personal finance topics. Released every Sunday - Damien and Andy talk about a range of personal finance topics including Investing, Savings, Insurance and Pensions, as well as ways to make and save money and the scams you should avoid. Released every Wednesday - Damien discusses what is happening in investment markets and what to look out for. Each show lasts between 10-15 minutes and is aimed at DIY investors (including novices) seeking contemporary analysis to help them understand how investment markets work. Damien is one of the most widely quoted money and investment experts in the national press and has made numerous radio & TV appearances. He created MoneytotheMasses.com while working in the City when he became disillusioned with the way the public were left to fend for themselves because they could not afford financial advice. If you have any questions or comments on the podcast, contact Damien by emailing [email protected]