The penny drops podcast: Getting your financial year off to the right start


In this episode, host Andrea Fox joins Josh Widdicombe, comedian, writer and co-host of Channel 4’s The Last Leg, and Georgie Frost, award-winning financial journalist and radio presenter, to reflect on the challenges of 2020 and talk about money tips, habits and goals to set us up for the new year.

What will we be talking about?

Whether you’re one for making resolutions or not, the start of a new year is a good time to reflect and take stock of your finances. This month we cover:

  • Common financial resolutions and why we may not stick to them
  • How to set financial goals and habits that are more likely to last
  • Saving and budgeting tips to cut down on spending
  • Prioritising debt to meet your financial goals
  • Building up a financial buffer to see you through difficult times
  • How Covid-19 has impacted industries, jobs and incomes
  • The impact of the pandemic on the self-employed
  • Managing your finances as a self-employed person or freelancer

Who are our guests?

Josh Widdicombe is a comedian, writer and radio and TV presenter, best known for his appearances on shows including Channel 4’s The Last Leg and the BBC’s Mock the Week. Georgie Frost is an award-winning experienced finance broadcaster and journalist, and host of the ‘This is Money’ podcast. Georgie has written for the Financial Times, Sunday Times and The Daily Mail and appeared as a commentator and broadcaster in national newspapers and radio stations, as well as ITV, Sky Sports and BBC 1. 

All views and opinions expressed in the podcast are those of the guests and not of Royal London.

Where can you listen?

You can download and listen to episodes using the iTunes Podcasts, Google Podcasts, Spotify or Castbox apps – just search for ‘The penny drops’. Make sure to subscribe so you don’t miss any new episodes, and please do leave us a review. We’d love to know what you think of the series.

If you don’t have access to an app, you can listen to the podcast online. We’ll send you reminders about any new episodes in your quarterly member emails.


How can you find more information?

Royal London recommends you seek professional independent financial advice before making financial decisions, if you are able to. You can learn more about the value of financial advice on our website.

You can also find lots of helpful information on some of the topics discussed in this episode on the following sites:

Saving and budgeting
Cutting your bills
Paying off debt
Managing your finances when you’re self-employed
Coronavirus support

This episode was recorded in December 2020 during the coronavirus outbreak. For the latest information on financial support and benefits, visit

Please note that all topics discussed in this episode can vary depending on your personal circumstances. The value of investments can fall as well as rise and you could get back less then you pay in. Any figures quoted were accurate at the time of recording.

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Take a look at our podcast page for more information on other episodes and topics we've covered, or search for 'The penny drops' on the app you use to listen to podcasts. 

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