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?