MMP093: Net Worth – Define it, Build it, Protect it.
The Meaningful Money Personal Finance Podcast
Pete Matthew
4.9 • 1.7K Ratings
🗓️ 21 January 2015
⏱️ 34 minutes
🧾️ Download transcript
Summary
This week, we’re going to be talking about Net Worth. What does that even mean, and how do we build and protect our net worth? This is a subject I’ve been asked to cover by various people who have emailed me, so let’s take a good look under the bonnet of this throwaway jargon term - net worth - so we can get the most from it.
Transcript
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| 0:00.0 | Hi folks and welcome to the Meaningful Money podcast. It's session number 93. |
| 0:04.0 | You want to be rich, don't you? |
| 0:06.0 | Oh yeah, sure. Right. That's rich. You're going to make me rich? |
| 0:10.0 | This is the podcast dedicated to helping you put your finances in order. |
| 0:23.2 | My name is Pete Matthew and I'm going to share with you everything you need to know |
| 0:26.2 | and everything you need to do to secure your financial future. |
| 0:30.0 | I'm here to help you make sense of money. |
| 0:55.4 | Okay, session number 93. Gosh, where does the time go? We're going to be talking about net worth today. Networth. What does that even mean? How do we build net worth? How do we protect our net worth? This is a subject I've been asked to cover by various people who have emailed me or left comments on iTunes and stuff. So what I want to do is take a good |
| 1:00.5 | look under the bonnet of this kind of throwaway jargony term net worth so that we can get the |
| 1:05.8 | most of it and we can understand what it is we're talking about when we use that term. |
| 1:09.6 | So more on that in a minute. As usual, after the main body of the show, I'll look at the most recent reviews which have |
| 1:14.7 | been left. I'll talk about what we're going to be discussing next time as well. My weekly |
| 1:19.7 | beg for you, if you can lead me a review on iTunes, it really does help me out massively. |
| 1:25.2 | So if this show is of any help to you, if you think I sound cool and groovy and you'd like to say a big cheers to me, then leave me |
| 1:32.3 | a review on iTunes, please. It really does help me out. Meaningfulmoney.tv slash iTunes. It's quite |
| 1:37.0 | simple, doesn't take long. Give me three minutes of your time for the half an hour that I'm |
| 1:40.5 | giving you now. That'd be really, really great and massively appreciated. |
| 1:48.6 | Also, as I remind you every week, this podcast is brought to you with the very kind help of my good friends at Seven Investment Management, who are a firm of investment managers based up in the |
| 1:53.3 | city of London. They specialize in multi-asset investing, and that brings institutional standard |
| 2:00.2 | investing techniques to ordinary people like you and me. |
| 2:03.4 | 7im continue to put their name to my show because they believe in what I'm doing, which is trying to get decent, easy to understand financial information out to the world. |
| 2:11.3 | So, so grateful to them for their support. |
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