Today I’m chatting with my friend Alastair Ford about a project we’ve been working on together, but also about our rationale for it and why we think it’s a timely addition to the Meaningful family of services. Meaningful Coaching: https://meaningfulcoaching.co.uk Shownotes: https://meaningfulmoney.tv/session545
Today I’m joined by my friend Dave Algeo a mid-life health coach to talk about the link between health and wealth and lots more besides. Shownotes: https://meaningfulmoney.tv/session544 Dave’s Daily Sprout email: https://midlifereshape.com/MM24
Today we’re going to be taking about being financially prepared for life events. This is important because it’s so easy to make progress with your finances, only to have the rug pulled out from under your feet by something unexpected. Or even something that IS expected… Shownotes: https://meaningfulmoney.tv/YC3 Everything You Need To Know 03:00 Life events – like what? 03:55 Marriage 04:43 Having a Child 05:09 Buying a Home 05:24 Career Advancement 06:02 Starting a Business 07:47 Receiving an Inheritance 08:44 Job Loss or Career Change 09:10 Divorce or Separation 10:04 Serious Illness or Disability 10:41 Death of a Family Member 11:36 Caring for Aging Parents 12:25 Children’s Education Costs 12:53 Relocation 13:45 Retirement 14:14 Unexpected Large Expenses 15:15 Being prepared means mastering the 3F’s – Foundation, Forward-looking, Flexibility. Everything You Need To Do 17:03 Foundation – Emergency fund, workplace benefits and personal insurance. LifeSearch - affiliate agreement. 28:38 Forward-looking – consider what may happen and what is likely to happen. 43:02 Flexible – keep things flexible so that we can be able to make changes as needed. 51:47 If big events happen – take your time, seek help. 53:35 Podcast Review
In today’s episode, we show you how YOU CAN learn to invest. Honestly, it’s easier than you think! Shownotes: https://meaningfulmoney.tv/YC2 Everything You Need To Know 01:21 What is investing? Swapping your money for assets that grow in value, produce an income, or ideally both. 05:46 Why do people think it’s hard? 08:14 What you really need to know? Asset classes that matter - equities, bonds and property. Everything You Need To Do 29:48 Build a foundation first. 32:58 Start with money you’re probably already investing. 42:27 Open an ISA/LISA/Pension 48:40 Choose a fund - You want a global multi-asset fund. 52:25 Watch and learn - Commit to doing NOTHING for at least a year. 56:02 Don’t… 58:05 Podcast Review 59:20 The Meaningful Money Retirement Guide is due out on 6th May 2025
Today we kick off a brand new season designed to empower you to take control of your finances. We’re excited for this one as we hope to show you that you CAN be good with money! Shownotes: https://meaningfulmoney.tv/YC1 00:01 - Intro 03:27 - Everything You Need To Know 23:29 - Everything You Need To Do 49:08 - A Review From A Listener
Today we’re going to look at combining or consolidating pensions - a big subject which we’ll try to do some justice… Shownotes: https://meaningfulmoney.tv/HB10 What You Need To Know 02:15 Why transfer? 04:47 How the process works. 07:47 Things to watch out for. 14:39 About Defined Benefit transfers. Everything You Need To Do 26:44 Get up to date with your existing plans. Pension Transfer Checklist (PDF) 28:27 Decide if there’s any reason to leave the pension where it is. 29:44 Request the transfer. 31:07 Chase to completion. 35:07 Podcast Review.
In this episode, we want to look at the financial advice process, and give you the helpful basics that you need to think about if you are considering getting professional financial advice. Shownotes: https://meaningfulmoney.tv/HB9 What You Need To Know 02:24 Advice vs planning - Advice is product-led, Planning is outcome-led. 08:11 The Financial Planning process. 08:50 Establish and define the relationship. 11:50 Collect client information to have context for advice. 15:04 Analyse and assess the current position. 16:45 Develop the plan and make recommendations. 22:32 Implementation. 23:33 Ongoing review. 28:05 Costs and value. 35:00 Qualifications and designations. What You Need To Know 39:03 Begin with the end in mind. 41:30 Contact several advisers. 45:47 Get costs and scope in writing. 48:25 Be prepared to be vulnerable. 53:50 Podcast Review
Today we’re going to focus on a subject that we often allude to, but which we want to take a bit further and deeper. We’re always talking about the need to be intentional, but what does that actually mean, in practice? Shownotes: https://meaningfulmoney.tv/HB8 Everything you need to Know 02:03 The definition of being intentional . 02:59 About goals . 06:48 Consistency . Everything you need to Do 07:50 The Two Spheres . 08:58 Be intentional with our personal finances . 18:38 Be intentional with our investments . 37:37 Rinse and repeat. 38:49 Podcast review. Meaningful Academy Financial Foundations https://meaningfulacademy.com/financialfoundations
In today’s episode of our Helpful Basics season, we’re going to be talking about Pensions and ISA, explaining how they work, comparing them and helping you to know which ones to use and when. Shownotes: https://meaningfulmoney.tv/HB7 Everything you need to Know 02:07 Paying money IN. 13:50 Taking money OUT. 22:40 What happens when you die. Everything you need to Do 33:07 Join your employer's pension, or stay in it, or open one if self employed. 36:50 Use ISAs for medium term savings. 38:17 Use LISAs for first-time house purchase or to supplement retirement savings. 40:17 Blend 41:15 Be intentional, review regularly. 43:56 Podcast review.
Today we’re going to be covering Helpful Basics in the area of self employment and side hustles. We’ll be talking about what you need to know and what you need to do if you’re planning on going it alone in business or supplementing your income in some way… Shownotes: https://meaningfulmoney.tv/HB6 What You Need To Know 01:55 What is self-employment? 04:08 What is a side-hustle? 09:18 How tax works as a self-employed person. Everything You Need To Do 20:37 Start as you mean to go on. 26:44 Register for self employment. 29:22 Start a pension. 31:07 Think about insurance. 34:03 Plan for the future. 39:25 E-myth Revisited book. 40:40 Review of the podcast
We have a slightly different episode because today I am speaking with the good people from a company called CheckMyFile all about credit files and credit scores - why they are important and how we can optimise them to our benefit. CheckMyFile: https://meaningfulmoney.tv/checkmyfile Shownotes: https://meaningfulmoney.tv/HB5 01:33 - Pete chats with Beth. 04:15 - What is a credit record / credit report / credit score 06:50 - Purpose of a credit record. 08:52 - What makes a good / bad credit file 12:00 - Credit card to increase your score before buying a house - is that true? 13:26 - Important to be on Electoral Role. 14:28 - Bad debts, using debt responsibly. 18:15 - What can be done to improve your credit score? 21:24 - Credit is attached to person, not address. Financially linked people. 23:40 - Check your credit file. 26:35 - Is there a business equivalent? 27:43 - What is CheckMyFile and why should people use it. 32:00 - Pete and Roger chat and a podcast review.
In this episode we want to cover the helpful basics of a subject that underpins EVERYTHING to do with personal financial success - behaviour. Shownotes: https://meaningfulmoney.tv/HB4 Everything You Need To Know 02:06 We are really bad at making good decisions. 07:18 Many things are objective. 13:40 Our higher functions allow us to pre-think decisions. 15:56 Our goal is to be intentional. Everything Your Need To Do 19:05 Know yourself. 27:35 Set clear goals to keep you on the path. 32:33 Use all the tools at your disposal. 42:55 Pursue higher thinking. 52:40 This week’s reviews
In this episode we’re going to do our best to give a decent run down of the State Pension - something that will form the backbone of most people’s retirement income. We need to understand how it works, how to check what we’re due and how to maximise it. Shownotes: https://meaningfulmoney.tv/HB3
Today in our Helpful Basics season, we’re going to talk about choosing your first investment. Lots to cover, but should be fun! Shownotes: https://meaningfulmoney.tv/HB2
This new season is called Helpful Basics. Each week, Roger and Pete will pick a subject each week which might seem like a fundamental or basic subject, but we’ll try to go pretty deep so that everyone learns something. For the first episode of the Helpful Basics season, we’re going to cover what you need to know when you first start working. Shownotes: https://meaningfulmoney.tv/HB1
Today we want to talk about the last Big Mistake, one which we come across all the time with our older clients, and that is worrying about care fees. This is an important one that we want to cover to give you some reassurance. Shownotes: https://meaningfulmoney.tv/BM10
Today, in the penultimate episode of this series, we’re talking about the Big Mistake of Not Spending Enough, which might surprise some people! Shownotes: https://meaningfulmoney.tv/BM9
We’re on the home straight of a season covering the big mistakes we can all make with our finances, and today we’re talking about neglecting our financial reviews. It’s easy to put things off, but keeping a regular eye on our financial situation is so, SO important. We’re going to talk about why that’s the case and how to make it as easy as possible to make sure they happen every time. Shownotes: https://meaningfulmoney.tv/BM8
Today we’re going to be talking about the big mistake of waiting until… Until what? Well, we mean putting off making decisions until some arbitrary point the future, or until some self-determined set of circumstances come to pass - all will become clear, we hope! Shownotes: https://meaningfulmoney.tv/BM7
Today we revisit the vitally important subject of what the experts call behavioural finance or behavioural economics, which is really the study of how we interact, as emotional human beings, with the cold, hard world of finances. Shownotes: https://meaningfulmoney.tv/BM6
basil saman
loving it! Digital Marketing Strategist in Malappuram https://basilsaman.com/
Chris Johnson
Hi I often hear that your money is safe to the value of £85,000 per bank. To clarify, is this not 'per banking group' so if you had 2 or 3 accounts under the Natwest umbrella, not all of your money will be safe as it's not 'per account' as I think os comonly believed. If this is the case then the clarification needs to be made, surely? Thank you.
Liza Dias
Thanks, Pete and Rodger, for educating the masses. Working my way through back catalogue. This one is very pertinent to me as my husband is 15 years older. It was like you were in the room speaking into my life. You have changed my current and future life. I am intentional with my finances and have a long-term financial plan. I have shared my knowledge with family, friends, and colleagues. With pensions being down to the individual, you are helping people out of potential poverty in old age.
Emma Goto
It is not necessarily mean to not want to care for older members of the family. People do not always have the kindest experience in childhood. Some simply survive an awful start. Even for those of us who have been a bit more fortunate, relationship can be hard and people may not get on well. Would you want to care for someone who showed you no love and care or someone who abused you? I know you weren't meaning to judge but I feel we should avoid flippant comments about it being a bit mean.
Terri Collier
Really useful thankyou. As a woman who holds a lot of shame around my inability to handle money I am reflecting some beliefs. I am working on forgiving myself.