In this episode of The Problem With Podcast, James Smith sits down with Damien Jordan, the voice behind the hugely popular YouTube channel Damien Talks Money, for a no-nonsense conversation about money, taxes, investing, and the uncomfortable truths most people ignore. Damien breaks down why the average person feels poorer despite “doing everything right,” how inflation and fiscal drag quietly erode wealth, and why property, pensions, and taxes are stacked against younger generations. From inheritance tax and housing shortages to crypto hype, market timing fears, and whether moving abroad actually solves anything. This episode challenges how you think about money and the system around it. 👁️ Try Neutonic: https://www.neutonic.com/jamessmith 🧪 Check your Test: https://www.manual.co/smith 📝 Business Mentoring: https://www.jamessmith.business 🏋🏼‍♂️ Online Coaching: https://www.jamessmithacademy.com We cover: ⬛ Why Inflation & Tax Quietly Kill Wealth ⬛ Property, Pensions & The Rigged System ⬛ Investing Fears, Crypto Hype & Reality ⬛ Living Now vs Chasing Retirement Timestamps 00:00 Real Returns After Inflation 02:55 Bank Money Creation Explained 06:55 Fiscal Drag Tax Trap 09:06 UK Vs Australia Taxes 11:49 Is Inheritance Tax Fair? 16:10 Untaxed Housing Windfalls 17:15 Why Homes Stay Scarce 21:33 Aging Population Pension Crunch 26:24 Retirement Vs Living Now 35:06 Mortgage Payoff Vs Investing 40:39 Beating Market Timing Fear 43:14 Crypto Hype Vs Bitcoin 47:00 Invest In Business Growth 52:17 HENRY 100K Tax Cliff 56:05 Wealth Tax Reality Check 59:12 Moving To Dubai Debate 65:04 UK Debt And Spending Truth 68:24 Daily Pain Of Commuting Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related