In this week's podcast, Damien examines the latest wealth data, which reveals the average wealth of UK households by age and region, looking at everything from property and pensions to savings and investments. Damien also covers the significant update to the Winter Fuel Payment for the upcoming winter, explaining the new rules, who will be eligible, and how a new income threshold will affect higher-earning pensioners.
Check out this week's podcast article on the Money to the Masses website to see the full list of resources from this week's show
(00:00) - Money to the Masses Episode 508
(05:44) - Understanding Wealth in the UK
(06:41) - Household Wealth by Age
(08:55) - The Importance of Median Wealth
(12:10) - Wealth Distribution in the UK
(18:06) - Geographical Variations in Wealth
(18:55) - Savings Trends and Rates
(22:43) - Changes to Winter Fuel Payments
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Links referred to in the podcast:
- Direct Debit Warning
- Average UK Household Savings & Wealth 2025 Data by Nimblefins
- ONS Household Wealth Data
- Update to Winter Fuel Payment
- Try out the Money to the Masses Money MOT
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