The Meaningful Money Personal Finance Podcast

For the month of November I conducted a survey of you, my excellent listeners and readers, to find out more about you and about how I can serve you better. In this week’s show, I’m going to take a look at those results and let you know what they mean for this show and the site in 2016.

Podcast: Subscribe in iTunes | Play in new window | Download

This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I’m doing, trying to get decent, easy-to-understand financial information out to the world. I’m very grateful to them for their support. You can see what they’re up to at 7im.co.uk

OK. The survey took on average two and a half minutes to complete, so you may wonder just how much information I can glean from such a short survey. But, I have been reading, folks. And those questions were very carefully chosen for maximum effect, so let’s look at the stuff I got to KNOW about you, my lovely audience, and then we’ll look at what I’m going to DO with that information.

In this session, you'll discover:

I love to read and respond to your comments, so please do join in and share. Question: What do you want to read/hear/learn about in 2016. Let me know and I'll do my best to cover it!

Hugs and kisses to JackNassisBaby, Steege77 and ap_in_dc for their reviews this week - much appreciated folks!

If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below:

This week, I answer a listener question about preparing for self-employment. You may also recall the session from a couple of weeks ago about adding a sideline income - this week’s show will help with that too…

Podcast: Subscribe in iTunes | Play in new window | Download

This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I’m doing, trying to get decent, easy-to-understand financial information out to the world. I’m very grateful to them for their support. You can see what they’re up to at 7im.co.uk

Regular listener Andy wants to know what he might need to put in place before going self employed, particularly bearing in mind that he may not be able to draw a regular monthly income at least in the early stages of his business. In this session, you'll discover:

I love to read and respond to your comments, so please do join in and share. Question: Are you preparing for self-employment? If so, what steps have you taken?

No reviews this week due to recording a couple of shows in quick succession.

If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below:

I will always bang the drum for advice, and while I obviously have a vested interest in doing so, I’m absolutely convinced that a good adviser will cover his or her fees many times over by adding value to the relationship in many ways.

You could call this Adviser Alpha, and that’s what my guest and I are talking about today…

I’ve talked lots on this podcast about budgeting and money management. I’ve encapsulated this one of the three steps to financial freedom: spend less than you earn. But there are two ways of thinking that little sentence. What if, instead of spending less than you earn, you earn more than you spend? In today’s show I’ll look at some ways for making more money…

If you have more than one end goal for your investing, it can confuse your plans a little. Should you have separate investment pots for each goal? Different portfolio risk strategies? How to go about setting multiple goals is a question I was asked by one of the respondents to my 2015 listener survey, so I thought I’d strike while the proverbial iron is hot, and answer this one right away…

Podcast: Subscribe in iTunes | Play in new window | Download

This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I’m doing, trying to get decent, easy-to-understand financial information out to the world. I’m very grateful to them for their support. You can see what they’re up to at 7im.co.uk

Podcast: Session 111 - Setting Targets Podcast: Session 106 - Risk & Returns MeaningfulMoney 2015 Survey

Finally, I have put together a cheatsheet which gives you an idea about the kinds of asset allocations you can use for different risk profiles and different timescales.

I love to read and respond to your comments, so please do join in and share. Question: How have you managed different goals and timescales? What have you learned in the process?

My thanks to AussieBoyUK and Simon Poulter for their reviews this week!

If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below:

State Pensions are changing. Again. In this podcast I’ll cover all you need to know about the State Pension changes in 2016, and show you how to make sure you have maximised your entitlement to this important state benefit…

Podcast: Subscribe in iTunes | Play in new window | Download

This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I’m doing, trying to get decent, easy-to-understand financial information out to the world. I’m very grateful to them for their support. You can see what they’re up to at 7im.co.uk

I realise that this subject will only be immediately relevant to a smallish proportion of my listeners, but it’s impossible to have every episode serve everyone listening. If this does affect you and you have any questions, then do let me know. Otherwise, remember that retirement is a very, very long holiday with lots and lots of free time to fill. That’ll cost you, so you need to get things in place to enjoy it to the full.

I love to read and respond to your comments, so please do join in and share. Question: Are you affected by the State Pension changes in 2016? If so, how? And what are you doing about it?

My thanks to MonsoonGold for her review this week! If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below:

New rules governing pension death benefits which came into force in April 2015 have led to a large number of enquiries from people in deferred final salary pensions looking to transfer their benefits elsewhere.

But final salary, or defined benefit pensions are considered the gold standard of retirement planning, so why would these people want to transfer out, and are they crazy even to consider it? In today’s show we’ll look at all the ins and outs of this very thorny issue. This is an important one…

Podcast: Subscribe in iTunes | Play in new window | Download

This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I’m doing, trying to get decent, easy-to-understand financial information out to the world. I’m very grateful to them for their support. You can see what they’re up to at 7im.co.uk

After listening to this session, you may get the impression that I’m absolutely not in favour of transferring DB schemes. That’s not true, but for the vast majority of people the guarantees of DB schemes are worth their weight in gold and when compared to the many risks involved in transferring, 999 out of 1000 schemes will be best left where they are.

Please think very carefully about making the decisions to transfer and do seek competent advice.

I love to read and respond to your comments, so please do join in and share. Question: Are you looking into transferring your final salary pension scheme? If so, what are your reasons?

My thanks to AmyInMorden for her review this week!

If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe. Just click the button below:

For years now I’ve been preaching here that money management is simple, and I do hold to that. But, while it may be simple, that doesn’t mean it is EASY. Financial success takes time, sometimes a long time, and it can be difficult to keep the faith and stick to it for a long time. In today’s show, we’re going to talk about how to keep going when the voice in your head when they tell you to quit… 

Podcast: Subscribe in iTunes | Play in new window | Download

This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I’m doing, trying to get decent, easy-to-understand financial information out to the world. I’m very grateful to them for their support. You can see what they’re up to at 7im.co.uk

Inspiration is just as important as financial knowledge. I hope to bring some more inspiring stories to you over the coming weeks. There’s a wealth of information here, and I’ll keep going with that too, don’t worry. But I want this show to become more rounded as it matures. Always interested to hear what you think of that, so do let me know in the comments.

MeaningfulMoney Goal- setting podcast: Session 42 MeaningfulMoney Mid-year goals update podcast: Session 68 Daily practice: Five Minute Journal Podcast: The Property Podcast Podcast: Money To The Masses Podcast: The Informed Choice Podcast MeaningfulMoney Podcast: The Power of Cashflow with J. Massey MeaningfulMoney Podcast: Session 107, Budget to win with Martin O Book: Getting Things Done MeaningfulMoney Podcast: Session 46 - How to organise financial paperwork

I love to read and respond to your comments, so please do join in and share. Question: What resources do you use to keep on track when times are tough?

Today’s guest is a financial powerhouse who has transformed his life and that fortunes of his family through embracing the teachings of Robert Kiyosaki, the author of the seminal work, Rich Dad, Poor Dad. In this interview, we get an insight into the mind of J. Massey and into the power of Cashflow…

Podcast: Subscribe in iTunes | Play in new window | Download

This podcast is brought to you with the help of Seven Investment Management, a firm of investment managers based in London. They specialise in multi-asset investing, bringing institutional investing techniques to ordinary people like you and me. 7IM put their name to my show and to my site because they believe in what I’m doing, trying to get decent, easy-to-understand financial information out to the world. I’m very grateful to them for their support. You can see what they’re up to at 7im.co.uk

J. Massey is an inspiring guy. You can find out a lot more about him at the links below, but I definitely will be checking out the Cashflow board game, which looks really interesting; I'll try it out on my kids and get back to you! I'll also be re-reading the Rich Dad Poor Dad book that started it all. As always, a full transcript is available by clicking the mahoosive blue button below: [Insert Leadbox script here]

Website: cashflowdiary.com Podcast: Cashflow Diary Book: Rich Dad, Poor Dad

I love to read and respond to your comments, so please do join in and share. Question: Have you read Rich Dad, Poor Dad? If so, what did you learn?

My thanks to £ Greggor £ for his review this week!

If this show is of any use to you, it would help me massively if you would take the time to leave me a review on iTunes. This has a huge impact on keeping me near the top of the rankings, which in turns helps more people to find the show and to subscribe.