The Meaningful Money Personal Finance Podcast

English, Finance, 545 seasons, 412 episodes, 1 day, 9 hours, 13 minutes

The Meaningful Money Personal Finance Podcast

English, Finance, 545 seasons, 412 episodes, 1 day, 9 hours, 13 minutes

About

Pete Matthew discusses and explains all aspects of your personal finances in simple, everyday language. Personal finance, investing, insurance, pensions and getting financial advice can all seem daunting, but with the right knowledge and easy-to-follow action steps, Pete will help you to get your money matters in order. Each show is in two segments: Firstly, everything you need to KNOW, and secondly, everything you need to DO to move forward on the subject of that episode. This podcast will appeal to listeners of MoneyBox Live, Wake Up To Money, Listen to Lucy, Which? Money and The Property Podcast. To leave feedback or ask a question, go to http://meaningfulmoney.tv/askpete Archived episodes can be found at http://meaningfulmoney.tv/mmpodcast

Listener Questions - Episode 1

It’s our first dedicated Q&A show! Roger and Pete answer six great questions from YOU - the listening audience. Shownotes: https://meaningfulmoney.tv/QA1

10/2/2024 • 39 minutes, 35 seconds

The Four Cornerstones of Financial Wellbeing, with Chris Budd

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

4/10/2024 • 50 minutes, 35 seconds

Pathfinders, with JL Collins

The Simple Path to Wealth is the most distilled, purest book on wealth-building I’ve found and I still recommend it all the time. Now the author, JL Collins, has followed up with a new book called Pathfinders, which is full of stories of how people have taken the teaching in the Simple Path, and applied it to their lives. Shownotes: https://meaningfulmoney.tv/session522

1/10/2024 • 36 minutes, 19 seconds

Buying A Used Car, with Dave O’Sullivan

Today I’m chatting with Dave O’Sullivan, a listener who got in touch wanting to share his decades of knowledge of and experience in the car trade. We’re going to discuss some key points about buying a car - one of the biggest purchases most of us ever make. Shownotes: https://meaningfulmoney.tv/session511 Car Buyer's Guide: https://meaningfulmoney.tv/wp-content/uploads/2023/09/Used-Car-Buyers-Guide-2023.pdf

10/4/2023 • 32 minutes, 30 seconds

Online Finance Communities with Alasdair Walker

Today I’m chatting with a colleague, a fellow financial planner, Alasdair Walker. It’s a conversation between fellow nerds really, specifically about Alasdair’s involvement with the UKPF Reddit community. Shownotes: https://meaningfulmoney.tv/session510

9/27/2023 • 36 minutes, 17 seconds

Business Protection Masterclass, with LifeSearch

Welcome to another Inbetweenisode where my guest is a senior member of the team at LifeSearch - Alan Richardson. This will be super-useful episode for anyone who has a business of any kind. Shownotes: https://meaningfulmoney.tv/session509

9/20/2023 • 44 minutes, 55 seconds

Retiring Well with Justin King

Today I’m bringing you a conversation I had with my friend Justin King for his podcast, which is called the Retirement Cafe podcast. Many of you will doubtless listen to that show as well as this one, and if you don’t you definitely should, especially if you’re heading towards retirement. Justin asked me to interview him on his show about his book which was released on 12th September - the Retirement Cafe Handbook. I’ve read a pre-release copy and I’m not exaggerating when I say that it was an outstanding read. Shownotes: https://meaningfulmoney.tv/session508

9/13/2023 • 40 minutes, 14 seconds

The 500th Episode!

So…this has been a lot of work! 500 episodes over ten and a half years, not to mention over 460 videos. Today we’re going to throw out the usual structure of the show and hear from lots of different voices, some friends of the show but also quite a few listeners, which will be excellent! Show Notes: https://meaningfulmoney.tv/session500

7/12/2023 • 1 hour, 13 minutes, 30 seconds

Choosing Investment Funds with Pickafund

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.

5/3/2023 • 26 minutes, 56 seconds

The Price of Money with Rob Dix

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…

4/5/2023 • 40 minutes, 21 seconds

Your money and its carbon footprint, with Dan Sherrard-Smith of Mother Tree

Today I’m chatting with Dan Sherrard-Smith, founder and CEO of MotherTree, a fascinating website which helps us calculate the impact of our investing on the environment, and helps us to figure out how to improve that. This is obviously very timely, so I think you’re going to enjoy my conversation with Dan.

1/18/2023 • 28 minutes, 31 seconds

Investing as a family with Youssef Darwich of Nosso

I’m joined today by Youssef Darwich, CEO and Co-Founder of Nosso, an interesting app which allows families to invest together for the benefit of children, but also does quite a bit more than that. I thought it was interesting, so I wanted to speak with Youssef to find out more…

1/11/2023 • 28 minutes, 10 seconds

Welcome to 2023 - Here's what's coming up…

Happy New Year! Many of us will be glad to see the back of 2022, but there’s plenty to look forward to in 2023 and I wanted to give you a bit of a heads-up as to where we’re going here at MeaningfulMoney in the next 12 months, and… to ask for your help.

1/5/2023 • 7 minutes, 54 seconds

Strategies For Impactful Giving

Today we’re going to be talking about strategies for impactful giving. Back in 2018 I interviewed a lady called Lauren Janus who gave us some great insights and I think it’ll be good to revisit things in this Strategies For season.

10/5/2022 • 30 minutes, 26 seconds

An Update from MeaningfulMoney

In this short update, I wanted to let you know a bit about what's going on with me and MM, plus explain why I'll be taking a break from the podcast for a few weeks...

8/3/2022 • 10 minutes, 44 seconds

Damien Talks Money with ME!

Today I'm chatting with one of my absolute favourite personal finance YouTubers is Damien Talks Money. Today, he and I talk about the finance creator space, the dangers of it and its opportunities.

7/27/2022 • 37 minutes, 43 seconds

Healthy Financial Relationships with Nate Klemp

Today I’m chatting to Nate Klemp PhD, founder of Mindful Magazine and co-author with his wife Kaley of The 80/80 Marriage, all about how couples can work together selflessly to work towards a shared financial future.

6/29/2022 • 32 minutes, 41 seconds

The Evolution of Financial Advice, with Phil Billingham

Today I chat once again to Phil Billingham, who I chatted to back in Season 9, episode 4 about financial planning for ex-pats. Phil approached me with an interesting idea for a conversation about how financial advice has evolved over his 40-year career.

6/22/2022 • 44 minutes, 28 seconds

£35k Debt to Financial Freedom, with Lisa Atkinson

Today I'm chatting with Lisa Atkinson, a listener who cleared £35k of debt in 18 months on an ordinary salary as a single Mum of twin boys. But she didn't stop there. I know you'll find this conversation encouraging and motivating!

6/15/2022 • 36 minutes, 29 seconds

The Frugal Spender, with Brian Mitchell

So, I opened a TikTok account the other day. I know - this is not to be expected of a silver-haired, middle-aged dude, but you know, I do like to keep people guessing! Almost immediately, the almighty TikTok algorithm decided to show me a video by a guy with the handle Frugal Spender. And then a few days later, Brian DMd me, we booked a Zoom call and agreed to record a podcast together. And that’s what you’re about to listen to!

6/8/2022 • 46 minutes, 9 seconds

A Guiide To Retirement with Kevin Hollister

I’m always interested in new technology that can make financial decision-making easier. For most of us, being able to make a decision is based on having the right information, which often means projecting long years into the future. Today I’m chatting with Kevin Hollister from Guiide - that’s with two ‘i’s’ - about their app which aims to make retirement decision-making simpler.

6/1/2022 • 35 minutes, 19 seconds

Financial Independence and dealing with haters - Jillian Johnsrud

Today I’m chatting with Jillian Johnsrud, author of the book Fire The Haters. Jillian became financially independent at 32 years old and now creates content to help other achieve similar results. Inevitably though, when putting yourself out online, you’ll attract trolls and idiots, and Jillian shows us how she has dealt with that and also talks about her financial journey.

5/25/2022 • 39 minutes, 17 seconds

Manage Your Financial Expectations

Now and again, something comes across my desk which makes me sit up and take notice, and that’s exactly what happened when a book called Manage Your Financial Expectations landed in my in-tray. The book - one of three, eventually - and the whole project is the brainchild of Mark Hamilton, retired businessman and father of three. I’ve invited him on to tell his story and the why behind the books.

2/16/2022 • 39 minutes, 9 seconds

Mortgage-Free Faster, with Sprive

I’m joined today by Jinesh Vohra from a company called Sprive, and their tagline is Mortgage Free, faster - which immediately piqued my interest.

2/9/2022 • 33 minutes, 37 seconds

A Financial Journey with David Calder

I’m excited to bring you a real-life success story from a listener called David Calder. David reached out to me, basically to say thanks for the content, and told me the story of his journey over the past year or so. He suggested that he’d be happy to come on to the show and tell his story to inspire others, and hopefully, it’ll do just that.

2/2/2022 • 41 minutes, 23 seconds

Lessons from a Lifetime in Finance with Roger Weeks

This week, as an inbetweenisode, I thought we’d spend some time getting to know my good buddy Roger - he of the dulcet Cornish tones who has joined me for the past ten weeks or so on the podcast.

1/26/2022 • 54 minutes, 55 seconds

It's Not About The Money, with Catherine Morgan

I'm throwing in a little inbetweenisode here in the middle of Season 21 because a good friend of mine Catherine Morgan is releasing her new book this week. The book is called It's Not About The Money - Three Steps To Become A Wealthy Woman. While that might seem to alienate a reasonable proportion of this audience, it ought not to as there's meat in the book for anyone, regardless of sex.

12/6/2021 • 37 minutes, 6 seconds

MeaningfulMoney - The State Of The Nation

Today I want to look at where Meaningful Money has come, what’s going on right now and where I want to take it. Call it a state of the nation speech for your favourite financial education channel.

7/21/2021 • 24 minutes, 53 seconds

Positioning The Pieces

Today’s show is from February last year, 2020 - back when there were only rumours of something big about to go down. It was part of the Home Straight season, Season 16. The thinking is to get your ducks in a row as you approach retirement, but to be honest, it’s ALWAYS good to have your ducks in a row, so even if you’re in your 30s and retirement seems like miles away, there’ll be something here for you.

7/14/2021 • 18 minutes, 7 seconds

Planning To Invest? WAIT!

Today’s show is from May 2019 and was part of the New Accumulators season, Season 14. It’s a plea to take planning seriously before diving into an investment regime which, without planning, would be just done in the abstract. Investing without purpose is crazy, aimless and will never succeed because there are no goals to measure its success against.

7/7/2021 • 23 minutes, 21 seconds

Enjoying the Empty Nest

This week’s encore episode is from September 2017 and comes from Season 7 - Life Stages. This episode focuses on the Empty Nest, a stage I’m heading towards in the next few years! This stage very often coincides with our peak earning years, so it’s important both to enjoy the extra cash in the present and also to store up some serious wealth for the future.

6/30/2021 • 25 minutes, 33 seconds

Playing Catchup - Retirement planning for late starters

This week’s oldie-but-a-goodie is from way back in 2016 where I covered some tips on how folks who are coming to the party somewhat late can still make a big difference to their eventual retirement outcomes.

6/23/2021 • 23 minutes, 40 seconds

Simplifying Pensions

The podcast is currently on hiatus while I plan for Season 20 and also get things in place for the final launch of Meaningful Academy Retirement Planning. More on that in just a sec, but for the next few weeks I will be reviving some older episodes on various topics. This week’s old show is about simplifying pensions. The episode should stand alone, but the shownotes have been updated to meaningfulmoney.tv/session425

6/16/2021 • 24 minutes, 23 seconds

Securing an Income in Retirement

The podcast is currently on hiatus so for the next few weeks I will be reviving some older episodes on various topics. This week’s old show is about securing an income in retirement, something which has fallen out of favour a little bit since the pension freedoms of 2015. The episode should stand alone, but the shownotes have been updated to meaningfulmoney.tv/session424

6/9/2021 • 28 minutes, 10 seconds

Young Family Challenges, with Joe Okaly

Young families have lots of things to deal with. Even though my kids are 18 and 21, I still remember juggling childcare with work, making ends meet, wondering whether to move house and take on the extra mortgage. My guest today is an expert in this field, Joe Okaly of New Horizons Wealth Management in New Jersey. If you have a young family yourself or if you’re a grandparent to a young family today’s session will be both interesting and instructive.

6/2/2021 • 30 minutes, 50 seconds

Do Something Great For Your Family, with Once I've Gone

In my 20-odd year career as a financial planner, I have worked with many bereaved clients who have lost spouses, partners, parents and other loved ones. Obviously, the emotional impact is profound, but this is often compounded by the additional pressure of having to go through someone’s financial and other affairs to get things straight. This process is always made so much easier if the person who has died was organised beforehand. And essentially, that is what the company Once I’ve Gone are helping people to prepare, but I’ll let Ian Dibb, Founder and CEO of the company explain more.

5/26/2021 • 25 minutes, 41 seconds

Lasting Powers of Attorney with Dan Garrett of Farewill

Lasting Powers of Attorney are misunderstood and most often ignored by too many of us. Often that’s due to ignorance; sometimes concerns are about cost. Today I want to clear some of that up, and I’ve enlisted the help of just the right person…

3/3/2021 • 29 minutes, 49 seconds

Retirement Spending Patterns with Abraham Okusanya

Spending is one of the biggest levers in our control. When we’re building wealth, well….we won’t build wealth unless we control our spending. When we approach retirement, it’s really important to understand what our likely spending patterns might be so we can plan accordingly. Today I bring back repeat guest, the ever-popular Abraham Okusanya of Timeline, who has literally written the book on retirement spending and investing called Beyond the 4% Rule (link below), and continues to do great work in this field.

2/24/2021 • 34 minutes, 39 seconds

The Dangers of Financial Influencers with George Agan

There’s a lot of crap online, and there seems to be an increasing number of financial charlatans offering stock tips and ‘advice’ with no regulatory oversight, of course. George Agan and I talk about that, and more, in our conversation today - hope you enjoy it.

2/17/2021 • 37 minutes, 58 seconds

Investing Globally and Regionally with Justin Urquhart Stewart

It’s a joy to welcome back long-time friend of the show Justin Urquhart Stewart to the podcast to talk about the outlook of the world economy coming off the back of COVID and also his latest venture, called Regionally.

2/10/2021 • 40 minutes, 28 seconds

Protection Update with Tom Baigrie of Lifesearch

Today I bring back repeat guest and protection industry legend Tom Baigrie of Lifesearch to discuss the impact of Coronavirus on insurers and whether things might return to normal. We cover whether it’s arguably more important than ever for folks in their middle age to get life insurance given the disproportionate impact that Covid has had on older people.

2/3/2021 • 27 minutes, 14 seconds

The Money Wellness Index with Dr Ash Ranpura

Money is inextricably linked with our sense of wellbeing. That link is the reason for more and more research and initiatives into how to improve that relationship. Today I’m speaking with a real-life brain scientist to dig into this subject.

12/9/2020 • 40 minutes, 3 seconds

Racial & Financial Inequality with Ken Okoroafor of The Humble Penny

This is an important episode of the podcast, I reckon. Today I’m chatting with Ken Okorafor of The Humble Penny, one of my favourite UK Personal Finance YouTube channels and blogs. I reached out to Ken for input after the murder of George Floyd by police officers in the US, and the global outcry following it. I knew that I’d get honest and articulate responses from Ken, and that also follows for my conversation with him today.

9/30/2020 • 56 minutes, 47 seconds

Cash Chats and Money Bloggers with Andy Webb

There are an increasing number of solid content producers here in the UK talking about personal finance. This week I’m talking to one of the prime movers, Andy Webb of Be Clever With Your Cash and the Cash Chats podcast

9/23/2020 • 40 minutes, 6 seconds

Chasing FIRE with Logan Leckie of Topia

The FIRE movement is an increasingly big deal in the UK, and I’ve chatted a couple of times with one of its biggest UK proponents, Barney Whiter AKA the Escape Artist, a couple of times here on the show. Today I chat with a chap who is building an app specifically to appeal to that community - Logan Leckie of Topia.

9/16/2020 • 35 minutes, 21 seconds

You Need A Budget with Jesse Mecham

Budgeting, that is, managing day-to-day cashflow is a fundamental skill for anyone looking to improve their financial situation. Before you understand investing, leverage, and all the rest, you need to be able to spend less than you earn. Today’s guest has built an international company based on his own method of budgeting, and I’m looking forward to bringing you my conversation with Jesse Mecham of You Need A Budget. Stay tuned till after the interview where I’ll be announcing a competition to win one of five annual subscriptions to YNAB.

9/9/2020 • 41 minutes, 57 seconds

The Money Guide with Mrs Mummypenny

Today I have my friend Lynn Beattie AKA Mrs Mummypenny on the show to talk about rolling with life’s punches, beating debt and her new book The Money Guide To Transform Your Life.

9/2/2020 • 36 minutes, 26 seconds

Transforming the DEATH Industry

Pretty much nothing has changed when it comes to writing wills, arranging funerals and applying for probate in…well, in a very long time. Today I’m chatting with Dan Garrett, CEO of Farewill and he’s on a mission to force change in what he calls the death industry!

6/8/2020 • 32 minutes, 51 seconds

Life Insurance and COVID-19

Hopefully it’s a nice surprise when an unexpected episode drops into the feed! I’m adding this in here because I had the chance to chat with Tom Baigrie of life insurance advisers LifeSearch about their experiences in the current pandemic - it makes for an interesting conversation…

5/25/2020 • 23 minutes, 52 seconds

Meaningful Academy: A taste of Voyant GO

A key part of Meaningful Academy: Build Wealth is access to Voyant GO, the best financial planning app in the world. In today's show I want to give you a tiny snapshot of what it can do...

5/15/2020 • 7 minutes, 22 seconds

10th Anniversary AMA

MeaningfulMoney is 10 years old! Not sure where that time went...! Didn't feel right to pull out all the stops to celebrate, so here's a more muted celebration. Today I’m answering the questions that you have left in the Facebook group and on social media - all the stuff you’ve always wanted to know, and probably some stuff you didn’t!

5/6/2020 • 43 minutes, 13 seconds

Meaningful Academy: Build Wealth is LIVE!

Today is an exciting day because I’m launching my flagship course on Meaningful Academy, the one that many of you have been waiting for. It's called Build Wealth, and it's ready RIGHT NOW!

5/1/2020 • 7 minutes, 44 seconds

COVID-19: Light at the end of the tunnel?

Today I’m bringing back ever-popular guest Barney Whiter, AKA The Escape Artist for his input on the current situation, and the road ahead after COVID-19…

4/29/2020 • 36 minutes, 12 seconds

In conversation with That Mint Podcast

As many of you know MM is ten years old, this month, and the podcast is just over seven years old. When I started, I was one of very few voices in the UK putting out decent regular content. Now, thank goodness, there are more options than ever, and today I want to introduce you to the newest personal finance podcast in the space.

4/22/2020 • 31 minutes, 2 seconds

COVID-19 - What should we DO as investors?

The world is pretty topsy-turvy right now, and for many of us, we’re experiencing the biggest and sharpest test of our investing resolve in light of very volatile markets. Should we be doing anything in light of these circumstances? What is the future likely to look like? Today I’m bringing back Lars Kroijer to talk about what on earth is going on…

4/15/2020 • 28 minutes, 32 seconds

Theory vs Reality

I had a question in the MeaningfulMoney Facebook group the other day, from Tom, who asks about staying the course in challenging investment markets, now that they're actually upon us...

3/27/2020 • 7 minutes, 40 seconds

Navigating Uncharted Waters

Neil Bage of Be-IQ and I riff about our response to what's going on with the Coronavirus and markets and everything else. We cover why it's important to understand that we're human, how to manage our emotional response and the necessity of being able to talk things through with trusted friends.

3/20/2020 • 32 minutes, 46 seconds

NEST Pension explained

A few people have asked about the NEST pension scheme in the MM Facebook Group recently, and so I thought I’d try and put together a five-minute guide to the default workplace pension that many of you will have.

3/20/2020 • 7 minutes, 34 seconds

Should? Best? Right? = PARALYSIS!

As I record this, There are almost 3,500 people in the MeaningfulMoney Facebook group asking questions. I get tons of emails every week and there are social media comments, podcast reviews and lots of other ways for people to get in touch me here. I’ve noticed a trend in the comments and questions I get of using absolutes when they shouldn't, and it has to STOP!

3/13/2020 • 5 minutes, 15 seconds

Under age 27? You need to change your NEST Pension

Spike Keizer approached me about something he found out about the default NEST pension fund. It could have huge consequences for you if you're under age 27 and investing in the NEST pension.

3/6/2020 • 8 minutes, 46 seconds

Hold Your Nerve! Riding out volatile stock markets

As I record this on February 28th 2020, world stock markets are down, quite a bit and predictably, that’s making for some juicy headlines and associated investor nervousness. But what about you? Are ya worried? ARE YA?

3/2/2020 • 6 minutes, 26 seconds

How To Set Up A Pension

I’ve had a few people recently ask about starting a pension. Now for many this will seem very basic, but clearly there’s a need for a simple, straightforward video on setting up a pension for the first time:

2/28/2020 • 6 minutes, 55 seconds

My thoughts on the Vanguard SIPP

This week is a big deal for many wealth-builders because it marks the official release of a pension plan by Vanguard, the darling of the FIRE movement. I want to go over the basic specs of the plan, and provide a little bit of balance…

2/21/2020 • 5 minutes, 51 seconds

Capital Gains Tax Planning

Last week we went over the basic rules of Capital Gains Tax and how it works. Like any set of rules, there are planning angle you can consider to minimise your exposure to this tax.

2/14/2020 • 6 minutes, 35 seconds

Capital Gains Tax (Updated for 2020)

Bizarrely, one of the most frequently- watched videos on my YouTube channel is one from 2010 simply called Capital Gains Tax. Not much has changed since then, but there are a couple of things to mention to bring that video up to date, which is what I’m doing today!

2/7/2020 • 6 minutes, 43 seconds

Preparing to take control under power of attorney

If you’re preparing to take over control of your elderly relative’s finances it can seem properly daunting. So let’s look at some things which you and your parents together can do to make the transition easier.

1/31/2020 • 5 minutes, 36 seconds

The Dangers of Buy Now, Pay Later

Buy Now, Pay Later schemes have always been around, but they seem to be gaining in popularity and are presenting a danger, particularly to young people as they are leading many into more serious and greater levels of debt. Today I want to address this subject with someone who has seen the results of this problem…

1/29/2020 • 27 minutes, 51 seconds

Lasting Powers Of Attorney

A power of attorney is an important part of pretty much everybody’s financial planning, or should be. But it’s especially the case for elderly parents and yet, it’s not an easy conversation to have…

1/24/2020 • 7 minutes, 22 seconds

The Bank of Mum and Dad

Today my guest is Mark Bogard of Family Building Society. They reached out to me because of some research they have done into the cost of supporting children, particularly once they are adults, the implications of this for the parents, and quite a bit more. It’s an interesting conversation - I hope you enjoy it…

1/22/2020 • 32 minutes, 35 seconds

Helping Elderly Relatives With Their Finances

Today I want to start a short series here on Five Minute Friday dealing with some things to consider and to be aware of when helping older family members with their finances.

1/17/2020 • 5 minutes, 7 seconds

JL Collins - The MeaningfulMoney Interview

Today I get to bring you what is easily my favourite interview in my nearly ten years of the MeaningfulMoney project. It was my privilege to chat with JL Collins, author of The Simple Path To Wealth, which is quite simply the greatest personal finance book ever written.

1/15/2020 • 57 minutes, 23 seconds

Getting Things Done - A Book Review

Dropping something a little different into the feed this Friday, summarising and reviewing a book which has impacted me massively since I read it some 15 years ago - Getting Things Done by David Allen.

1/10/2020 • 10 minutes, 19 seconds

Seven Timeless Financial Truths

A reminder of the basics is never a bad thing. No matter how advanced you are with your personal finances, and no matter what Lifestage you’re in, it’s always a good idea to review the basic truths about money.

1/8/2020 • 22 minutes, 54 seconds

Meaningful Academy - Financial Foundations is GO!

This New Year 2020 I am announcing the public launch of Meaningful Academy - Financial Foundations, a brand new course to help you set your finance off in the right way.

1/3/2020 • 7 minutes, 35 seconds

New Year, New Decade, New Financial YOU!

HAPPY NEW YEAR! Welcome to 2020 and a new decade! Let’s kick things off by affirming some time-honoured truths about money which will stand us in good stead for the weeks, months and years ahead.

1/1/2020 • 23 minutes, 27 seconds

Tax Relief and Salary Sacrifice

Over the past couple of weeks we’ve taken a look at how income tax and National insurance work. For those of us who are building wealth, the logical next step is how to save money on those taxes using some useful reliefs.

12/13/2019 • 8 minutes, 25 seconds

National Insurance Explained

Last week we covered income Tax, and this week we need to finish that off by talking about the other income tax, which masquerades as something else - National Insurance

12/6/2019 • 5 minutes, 57 seconds

How Income Tax Works, Part One

Income Tax is a part of all our lives, but how does it really work? It's important to know how income tax works, so that we can understand ways to pay a bit less of it...

11/29/2019 • 9 minutes, 8 seconds

The importance of PERSPECTIVE (and reinvesting income) - 5MF057

Listener Chris called me out on a comment I made in a recent episode of the podcast, talking about long term returns of stock markets. Turns out that income reinvestment REALLY matters, and that it's important to take a long term view.

10/18/2019 • 4 minutes, 57 seconds

The Greatest Personal Finance Book Ever?

The Maven Adviser calls J L Collins' 'The Simple Path To Wealth' the greatest personal finance book ever, and I'm inclined to agree. Here's my review of the book.

10/11/2019 • 6 minutes, 48 seconds

DON'T invest from platform buy lists

The recent scandal over the Woodford funds included concern over why, when the fund was struggling, it was still on various platform buy lists. Here's why those lists have no relevance to your investing needs.

9/27/2019 • 4 minutes, 59 seconds

What would I do with a MAJOR WINDFALL?

Listener John asks what I would do with a major windfall - I mean REALLY major. That's an opportunity for some thinking...

9/13/2019 • 7 minutes, 15 seconds

There is NO perfect way to invest! 5MF053

I've had several guests on the show recently who all have different views on how you should invest your money. So am I sending mixed messages, or what? Let me explain...

9/6/2019 • 6 minutes, 25 seconds

5MF052 - You CAN Build Wealth Without A Financial Adviser

A point of clarification after some feedback received about this point. I believe that anyone can build wealth effectively on their own. But you'll make fewer mistakes, save money and build wealth faster if you do work with a professional financial planner...

8/30/2019 • 7 minutes, 26 seconds

The MOST IMPORTANT Insurance Policy You'll Ever Own

This week I’m pleased to welcome back Tom Baigrie of Lifesearch for a bit of a study into Income Protection which, while misunderstood and underused, is inarguably the most important personal insurance you can have.

8/28/2019 • 33 minutes, 17 seconds

A Little Bit Of Knowledge... with Andy Hart

So here’s a little bonus episode that came out of a conversation between my good friend Andy Hart and myself. We’re noticing a pattern in the people who are getting in touch and wanting to work with us, and we’re concerned…

8/22/2019 • 1 hour, 8 minutes, 55 seconds

Financial Independence is for EVERYONE - Choose FI

Today’s guests are giants in the FI/RE community. Their podcast and blog is massive and deservedly so as they communicate a clear passion for their subject and inspire others to follow them on their journey. Today I’m speaking with Brad Barrett and Jonathan Mendonsa from ChooseFI

8/21/2019 • 46 minutes, 19 seconds

How To Own The World with Andrew Craig

Continuing in this series of interviewing other luminaries in the world of wealth-building and FI, today I chat with Andrew Craig, Author of How To Own The World and founder of Plain English Finance.

8/14/2019 • 1 hour, 2 minutes, 5 seconds

RESET with David Sawyer

Today I’m chatting with Dave Sawyer, author of a book called RESET. A few of you have mentioned the book to me, and asked me to get Dave on. His book has received high praise indeed from none other than Monevator and also Brad and Jonathan from ChooseFI.

8/7/2019 • 38 minutes, 10 seconds

MMP332 - Network Design and Financial Wellbeing with Catherine Morgan

My guest today, Catherine Morgan, is really going places and is doing great work as a financial coach, financial planner, podcaster - I’m telling you, she’s tireless! I wanted to get Catherine on to the show to help her spread her message about financial wellbeing.

7/31/2019 • 39 minutes, 47 seconds

Best Intentions with Tara Gillespie

I get a load of request for people wanting to come on the show, but today’s guest asked the opposite - could she use my resources at her live events? I emailed back to find out what those events were, and I was impressed by her passion and mission so I invited her on to the show. Today I’m chatting with Tara Gillespie of Best Intentions

7/24/2019 • 33 minutes, 29 seconds

Investment Behaviours: Three More Biases

Finishing the little series here about investment behaviours that can derail our investing success, I cover Overconfidence bias, Loss-aversion bias and Endowment bias.

7/19/2019 • 4 minutes, 26 seconds

MMP330: The Escape Artist - The MeaningfulMoney Interview

I think you’re going to enjoy this. Lots of you have suggested that I get today’s guest onto the show, and though it took a while (down to me, not him) I’m delighted that we’ve made it happen, and I don’t think it’ll be the last time, either. Stay tuned for a blinding conversation with Barney Whiter, AKA The Escape Artist.

7/17/2019 • 52 minutes, 54 seconds

Investment Behaviours: Confirmation Bias - 5MF050

Confirmation bias is an insidious threat to our future wealth by keeping us closed against alternative views of investing and wealth-building approaches. In this week's Five Minute Friday, I offer three tips to keep it at bay.

7/12/2019 • 4 minutes, 28 seconds

The Retirement Cafe with Justin King

My good friend Justin King is a fellow financial planner, and one of the good guys. More than most advisers he really has a passion for spreading the word about the power of financial planning, in his case specifically to retirees, more widely than just to his local clients. Remind you of anyone?!

7/10/2019 • 25 minutes, 42 seconds

Investment Behaviours: Hindsight Bias 5MF049

Hindsight is a wonderful thing. Except when you’re investing, when it tries to trick you. Constant Vigilance!

6/7/2019 • 4 minutes, 32 seconds

Investment Behaviours: Anchoring

We’re spending some time looking at some of the major biases that we bring to bear when we’re investing, and how they often hold us back from being really successful investors. Today, we’re talking about ANCHORING.

5/31/2019 • 5 minutes, 12 seconds

Behavioural Finance: Self-Attribtuion Bias - 5MF047

Long-time listeners and viewers will know that I have a fascination with the subject of behavioural finance. This is simply biggest there is no bigger determinant of your future financial success than your won behaviour towards money. If it’s that big a deal, I figured I should dedicate a few videos to the subject, starting today.

5/24/2019 • 5 minutes, 20 seconds

Practical Advice For Using TRUSTS - 5MF046

We've looked at what trusts are and a little bit about how they work, so let's cover some practicalities now, when it comes to YOUR financial planning

5/17/2019 • 5 minutes, 47 seconds

Using Trusts In Financial Planning

Last week we talked about what a trust actually is, but this week we need to go deeper and look at the benefits, and the downsides and how they can be used in your financial planning.

5/10/2019 • 6 minutes, 17 seconds

What is a TRUST? - 5MF044

I get asked about trusts a great deal, but they're something of an abstract concept. My goals today is to try and explain them to you!

5/3/2019 • 6 minutes, 39 seconds

DON'T invest in your employer! 5MF043

It can be dangerous to invest too much money in the same company that pays your wages. This week I tell a story of a client who lost a LOT of money this way, and why you should be careful not to fall into the same trap

4/26/2019 • 6 minutes, 3 seconds

Spread The Message - 5MF042

Plenty of you a spreading the word about MeaningfulMoney to your friends and family, but we can all do more! So I thought I'd take five-ish minutes to highlight some great ways to share the MeaningfulMoney goodness to everyone that needs to hear it.

4/19/2019 • 6 minutes, 28 seconds

MeaningfulMoney in 2019 and Beyond

Let me introduce you to Kaloyan Tsilev, my right-hand man here at MeaningfulMoney. In this last Inbetweenisode before we get going with Season 14, Kal and I chew the fat about what's coming in 2019 with the podcast, the socialz, and Meaningful Academy.

4/17/2019 • 40 minutes, 7 seconds

Pound Cost Averaging and Human Emotion

Pound cost averaging - is it about maths and investment success, or is it about human emotion and behaviour?

4/12/2019 • 7 minutes, 13 seconds

Lars Kroijer - The Rational Investor

Long-time listener Matt P was at the November meet up in London which I held with Damien Fahy of Money to The Masses. At the meet up, Matt presented me with a gift of a book called Investing Demystified by Lars Kroijer. This latter book is an outstanding work dealing with the fundamentals of investing, and today, thanks to Matt putting us in touch, I get to chat with Lars himself. I’m telling you, it’s a great conversation!

4/10/2019 • 48 minutes, 34 seconds

Core and Satellite Investing

I talk a lot about core and satellite investing here on MeaningfulMoney, but what is it, and why is it important for YOUR investment success?

4/5/2019 • 7 minutes, 20 seconds

How To Become A Financial Adviser

I get asked at least once per week for advice on how to become a financial adviser, and for ages I’ve thought that I really should sit down and deal with the subject definitively so that in future I can just reply to these good people with a link! Today I’m going to consider everything you need to know and everything you need to do if you fancy a career in financial advice.

4/3/2019 • 36 minutes, 1 second

Peer-to-peer Lending Explained

Peer-to-peer lending is entering the mainstream - you can even hold it in an ISA now. But what is it, and should you consider it for your investment portfolio?

3/29/2019 • 5 minutes, 37 seconds

Introducing Damien's Money MOT

There are still precious few personal finance podcasts here in the UK, let alone shows with hundreds of episodes. One such is Money To The Masses, led by my good friend and real kindred spirit, Damien Fahy. Today I chat to Damien about his new tool, the Money MOT.

3/27/2019 • 49 minutes, 49 seconds

Lessons from London Capital and Finance 5MF038

London Capital and Finance recently went under taking £263million of investors' money with them. What are some key lessons we can learn from this that might prevent you from being caught in future?

3/22/2019 • 7 minutes, 4 seconds

MMP314: Life Protection with Tom Baigrie

My guest today is a man I have admired in our profession since forever. He’s a larger than life personality who fills a room when he enters it, and in a good way! And he has built a great business helping ordinary folks put in place life protection to secure their family’s financial future.

3/20/2019 • 28 minutes, 41 seconds

Dave Ramsey's Baby Steps - For the UK

Dave Ramsey is a personal finance megastar in the US. His daily radio show is syndicated across the states and around the world in the form of a podcast. He has helped countless people achieve financial peace - I’m a big fan, but sometimes he needs, well, Anglicising a bit!

3/15/2019 • 9 minutes, 26 seconds

BIG NEWS! Introducing The 7IM Self-Invest Service - 5MF036

This is a big day! Today I get to announce something that 7IM and I have been working on for a long time.

3/7/2019 • 4 minutes, 49 seconds

Overcoming Financial Inertia - 5MF035

When starting out on our financial journey, it can be hard to know where to start, and that can lead to not starting at all...

3/1/2019 • 6 minutes, 20 seconds

NEVER Write a DIY Will! 5MF034

It can be tempting to cut corners and write your own will. Here are at least three reasons why that's a bad idea...

2/22/2019 • 6 minutes, 26 seconds

Paying Yourself First - 5MF033

What does it really mean to pay yourself first?

2/15/2019 • 4 minutes, 32 seconds

Three Budgeting Tips - 5MF032

This week I share three-ish top tips for winning with your budgeting

2/8/2019 • 4 minutes, 36 seconds

Three Great Personal Finance Books - 5MF031

Listener Shak asks for my three book recommendations for folks getting started with their finances...

2/1/2019 • 5 minutes, 50 seconds

MMP305: Transforming UK Investing with Michael Johnson

Today I chat to Michael Johnson, a man who has been influential in changing the landscape of savings in the UK as he was the man who first proposed the Lifetime ISA. The product that eventually surfaced wasn’t quite what he had in mind, however. I was looking forward to having the chance to someone who clearly is very influential, but the conversation blew my mind. I’m telling you, you are going to love this…

1/21/2019 • 42 minutes, 44 seconds

The differences between OEICs and Investment Trusts - 5MF030

Listener Marc asks about the main differences between OEICs (that's Open-Ended Investment Companies) and ITs (that's Investment Trusts). Does it even matter?

1/18/2019 • 6 minutes, 11 seconds

She's On The Money with Molly Benjamin

Molly Benjamin is one of those people who, when you meet her, you just know that she’s going places and will leave a big impression wherever she goes. I met her at Chris Ducker’s Youpreneur summit back in early November last year, as soon as she told me what she was up to, I knew I had to get her on the show.

1/14/2019 • 28 minutes, 58 seconds

ISAs Explained - 5MF029

There are five different types of Individual Savings Account, or ISA, available. They are the mainstay of saving and investing in the UK, and you need to know how they work.

1/11/2019 • 6 minutes, 23 seconds

MMP301: Coaching for Financial Clarity

Today I chat to a good friend of mine, a fellow financial planner, who has embarked on quite a journey over the past year. He’s now setting up a tandem business to his planning practice, coaching clients earlier in their financial journey.

1/8/2019 • 36 minutes, 12 seconds

Session 300 - New Year 2019

Yes, Happy New Year and welcome to the 300th episode of MeaningfulMoney. Can that really be true? Episode number 1 was in November 2012, just over six years ago. We’ve come some way since then, and there’s lots still to come! Today I want to give you a heads-up on that a bit later, but not before my 15yo daughter Kate takes over for a bit.

1/2/2019 • 50 minutes, 38 seconds

Finding Passive Funds - 5MF028

Listener Claire asks about how to tell if a fund is passive or active, when looking at a list of available funds in her workplace pension.

12/21/2018 • 6 minutes, 16 seconds

Too many funds? 5MF027

Listener Mark asks if it's possible to have too many funds in your portfolio?

12/14/2018 • 5 minutes, 50 seconds

MMP296: The Leverage Equiation with Todd Tresidder

My guest today, Todd Tresidder was on the show back in August 2015 answering the question: “How much do I need to retire?” Now he’s back to talk about his latest book The Leverage Equation, which will help anyone looking to accelerate and maximise their wealth building.

12/10/2018 • 40 minutes, 42 seconds

MMP294 - Wellbeing in the Workplace, with Jason Butler

My guest today is a well-respected figure in the financial services world, having owned and managed a very successful financial planning business in London. Since exiting that business, he has devoted himself to spreading the message about financial wellbeing, and that’s what he’s going to talk to us about today…

12/3/2018 • 36 minutes, 11 seconds

Drawdown or Annuity? 5MF026

Listener Gregg asks whether he should consider an annuity for his pensions or a drawdown plan, in light of current market volatility...

11/30/2018 • 10 minutes, 7 seconds

Invest or Wait? - 5MF025

Listener Stuart asks whether he should invest his bonus all in one go now with, you know, the whole Brexit mess on the horizon, or hold off for a while.

11/23/2018 • 8 minutes, 47 seconds

The Money Mindset, Part 2 - 5MF024

Following from last week's Five Minute Friday, I cover the two things you need to DO to get into the all-important Money Mindset

11/9/2018 • 5 minutes, 18 seconds

MMP290 - Navigating Volatile Markets

I’ve been trading emails on and off with a listener called Matt Powell for a couple of months, and recently he sent me his own checklist for, as he puts it, ‘navigating the stormy seas of market volatility’. It is so good that I immediately emailed him back and asked him on the show to go through it with me. You’re going to really enjoy this episode.

11/7/2018 • 38 minutes, 52 seconds

The Money Mindset, Part 1 - 5MF023

I'm going right back to basics with the videos, updating some of the old classics and bringing them up to date, starting with how to get into the Money Mindset

11/2/2018 • 5 minutes, 57 seconds

MMP289: The Behavioural Investor, with Dr Daniel Crosby

Long-time listeners will know that I’m fascinated by the whole area of behavioural finance. Today I’m joined by previous guest Daniel Crosby who has written what might just be the definitive book on the subject written so far.

10/31/2018 • 40 minutes, 42 seconds

Making the most of the Capital Gains Tax Allowance - 5MF022

Listener Ian asks about whether he should keep some money in unwrapped investments, in order to make the most of the capital gains tax allowance...

10/26/2018 • 5 minutes, 57 seconds

Offset mortgage or invest? 5MF021

Listener Matt asks if he should continue offsetting his mortgage with cash in the bank or invest that money instead?

10/12/2018 • 5 minutes, 1 second

MMP285: The Eternal Business with Chris Budd

Today we welcome back three-time guest Chris Budd to the show to talk about his new book and a really exciting concept for business owners across the UK. If you have a business and you’re wondering about getting some value out of it one day, you’ll love this show...

10/9/2018 • 47 minutes, 18 seconds

Diversifying Pensions - 5MF020

I'm always banging on about simplifying pensions, but listener Carl wants to know if there's merit in spreading your money over multiple pensions pots...

10/5/2018 • 5 minutes, 7 seconds