Hi folks and welcome to the Meaningful Money Podcast this is season 16 episode 6.

This is the podcast dedicated to helping you put your finances in order.

My name is Pete Matthew and I'm going to share with you everything you need to know and everything you need to do to secure your financial future. I'm here to help you make sense of money.

Here we go once again great to have you with me. Thank you so much for joining me.

Now I don't care how rich you are it is impossible to overlook the importance of cash flow in your financial

planning.

There is a reason that lottery winners and Premiership footballers sometimes go bankrupt. If you are spending more than

is coming in, you're getting poorer. It's just fact. And as you prepare for retirement,

you're really going to need to get a grip on your cash flow.

And that's what we're going to be talking about today.

As usual, after the main body of the show, I'll be looking at recent reviews have been left.

Announce what we're going to be talking about next time.

Quick Ad for Meaningful Academy towards the end as well, but before any of that,

remember, as you know well by now, this podcast continues to be brought to you with the help of my friends at seven investment management. They've been helping me out for ages now since the spring of 2011,

which is just incredible.

So please do check out what they're up to.

They're at 7I.m. code. UK.

That's the number 7 I.m. dot code. UK. That's the number 7, I.m.

dot code at UK.

Now, as we build wealth throughout our working lives,

cash flow is obviously important.

Right, unless we spend less than we earn, we'll never build anything,

...