The Meaningful Money Personal Finance Podcast

So far we’ve covered budgeting - the thing that underpins it all, and also the essential emergency fund - putting a buffer between ourselves and whatever the world can throw at us. It might seem logical now to go on to talk about paying down debt, but according to the UKPF Flowchart, there’s a step before that, and we absolutely agree that this is in the right place - we need to talk about PENSION CONTRIBUTIONS   Show Notes UKPF Flow Chart

Today we continue our dance through the UK Personal Finance Flow Chart, which is serving as our map for building a kind of Financial Operating System. Last week we went deep into Budgeting, and today we want to talk about the Emergency fund. Might not sound the most gripping of subjects, but it IS important…   Show Notes UKPF Flow Chart  

Today we’re going to be starting our journey proper through the UKPF Flowchart and talking about the foundation of it all - Budgeting. Show Notes Meaningful Money Budget Tracker UKPF Flowchart

I’ve long been a lurker in the UK Personal Finance Subreddit. One of the key resources that they put out is the UK Personal Finance Flowchart, which is a masterwork, it really is. It’s basically a do this, then that, operating system for your personal finances. We’ll cover a section of the flowchart in each episode and expand upon it, adding some detail.

Today we have another quick inbetweenisode where I’m talking to Ted Moreau of a very interesting site called Pickafund which I think has the potential to really help a lot of people find the funds they want to invest in.

I this week’s inbetweenisode, I have a chat with long-time friend of the show, and one-half of the genius Property Hub duo, Mr Rob Dix about his book The Price of Money, which will REALLY help you understand the current economic state of affairs and what you should do about it…

We’ve covered some ground in this season, trying to make all of our lives easier when it comes to our finances. And today we need to talk about making other people’s lives easier - we’re talking about simplifying your legacy.

Today we’re getting into Roger’s specialist subject - retirement planning - and how to simplify the approach to it so that you can make it as easy as possible.

The podcast discusses the importance of simplifying behavior in personal finance and maintaining a positive attitude towards finances. It highlights the significance of small, consistent behaviors like spending less, saving money, and investing. The hosts emphasize the need to recognize triggers and decision points in order to achieve long-term financial goals and make mindful decisions in response to market news. Strategies for managing spending and making smart financial decisions include virtual travel wallets, avoiding impulse purchases, and clear-minded investment decisions. The importance of discipline behavior, tax control, and creating personal commandments for financial success is emphasized, along with insights on understanding insurance bonds and taxes.

Insurance is part of the the foundation on which all wealth is built, so it’s important not only that we have the right insurance, but that have it set up as simply as possible.