We’re carrying on our season of Big Mistakes and today we’re covering the mistake of not planning for later life, which is truly a big mistake. There’s lots to think about in later life and too many people leave it too late, causing problems for themselves and their loved ones. Shownotes: https://meaningfulmoney.tv/BM5 

Today we’re going to look at the big mistake of Being Too Cautious, or to put it another way, taking too little risk. Obviously we’re talking primarily about investing here, and we want to talk about why risk is your friend and the impact of taking too little risk on your future outcomes. Should be an interesting discussion!   Shownotes: https://meaningfulmoney.tv/BM4 

This podcast delves into the importance of considering costs in financial planning, stressing how neglecting costs can lead to unnecessary financial losses. It explores various aspects like investment costs, tax planning, and strategies for supporting young adult children. The discussion also covers financial strategies for children and grandchildren, emphasizing the need for awareness and optimization of costs in order to build wealth and invest wisely.

Explore the challenges and strategies of starting late on the wealth-building journey, emphasizing the importance of financial education and adopting golden rules. Learn about planning for retirement, maximizing tax reliefs, investing wisely despite market volatility, and embracing mistakes for financial success. Discover tips for navigating pension transfers, dealing with provider inefficiencies, and avoiding neglecting costs in personal finance.

In this new season covering some big mistakes that any of us can make with our finances, we start with the mistake of listening to the wrong people. But how can we determine who the wrong people might be? Show Notes: https://meaningfulmoney.tv/BM1

Today I am joined by repeat guest and financial planning legend, Chris Budd. He has a new book called the Four Cornerstones of Financial Wellbeing and it’s a very helpful read for anyone struggling to keep money in its place, or with the effects that money can have on our mental health.   Shownotes: https://meaningfulmoney.tv/session533 

The podcast explores the idea that most people don't need financial advice. It discusses the evolution of financial planning, the value of financial coaching versus traditional advice, and navigating the complexities of pensions and retirement decisions. The hosts emphasize the importance of finding qualified advisors and maximizing returns with investment bonds.

Today we’re covering the ideal order of financial priorities, something Pete and Rog learned early on in their financial planning training. The order was summarised by the acronym PIPSIO Protection Income Protection Pensions Savings Investments Other PIPSIO is nothing more than a useful mnemonic, but it really does serve a purpose. I still remind the advisers at Jacksons of it now and again. Shownotes: https://meaningfulmoney.tv/BI9

Today we’re covering a classic piece of financial advice - definitely a Big Idea of investing: Time IN the market, not timing the market! Shownotes: https://meaningfulmoney.tv/BI8  

Exploring the shift to client-centered financial planning, emphasizing the importance of understanding individual goals and making decisions based on desired outcomes. Discussing retirement planning, importance of cashflow modeling, and achieving long-term financial success through compound growth. Delving into challenges of pension division in divorce and celebrating podcast milestones.