Ep 284 - Student loans explained, investment trust drawbacks and old phone uses

Damien Fahy of moneytothemasses.com talks to Andy Leeks about money. On this week's show Damien talks about student loans and explain how much interest is applied and at what point as well as how much you need to earn in order to start paying it back and what percentage you will be expected to pay. Damien also looks at how maintenance grants are calculated and the factors that impact how much you receive. Damien also explains the drawbacks of investment trusts thanks to leveraging and Andy gives some tips on what you could do with your old mobile phone. Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show.   Damien's Money MOT - Take yours today 80-20 Investor - Click here to find out more about Damien's 80 20 Investor service Pension Calculator