meta_pixel
Tapesearch Logo
Log in
The Meaningful Money Personal Finance Podcast

Big Ideas: PIPSIO - The Order Of Financial Priorities

The Meaningful Money Personal Finance Podcast

Pete Matthew

Business, Investing, Education

4.81.6K Ratings

🗓️ 27 March 2024

⏱️ 39 minutes

🧾️ Download transcript

Summary

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

Transcript

Click on a timestamp to play from that location

0:00.0

Hi folks and welcome to the Meaningful Money Podcast this is season 27 episode 9.

0:07.0

Yes here we are once again. Welcome back. We are now on the Home Straight of

0:17.7

season 27, just two more episodes to go, including this one. Two more

0:21.3

episodes before I beg Roger to come back and do it all over again.

0:24.1

Yes and the end of the season is nice so I'm looking forward to a few weeks off

0:27.3

before fielding your groveling messages asking me a different come back. You know it.

0:31.2

Yeah you love it really. I really enjoy it. Yeah.

0:34.0

Love the mess today. Today we're covering the ideal order of financial priorities

0:39.1

something Pete and I learned on early on, should I say, in our careers.

0:43.8

The order was summarized by the acronym Pipsio.

0:46.6

Yes, I remember learning this so early on.

0:50.7

I mean, we're talking what, 1998? Seems like a lifetime. God, it does it. early on the

0:55.0

the 1998 seems like a lifetime. God it does it but it seems like two minutes ago at the same time

0:56.5

but I don't actually remember the oh on the end but we'll come back to that in a bit

1:00.0

I probably introduced to be by Lloyd I think it was I think it was CIS for me when it was

1:03.3

I think it was CIS for me but it was PIPC definitely but yeah there you go see

1:07.3

Some things you just remember us, but I think it's great because it's a simple way of staying on track with our financial priorities, provides a

1:14.0

bit of a sort of a hook and a framework for our regular reviews as well, so it's going to be good.

1:18.0

Yeah, I think that's right, Pete. We're approaching generally for one reason, but we need to make sure

1:22.2

the foundations of everything else has been

1:23.8

considered to before finally providing some advice and this mnemonic certainly helps yeah

1:28.0

it does yeah what we are doing right as usual after the main part of the show we'll

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Pete Matthew, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Pete Matthew and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.