S1 E7 Pensions - Financial Independence

On this episode of the Money Mentor, Ken discusses Your Spending. Your spending is the cornerstone of your personal finances. We cover:

Spending Time & Money
Psychology of Spending
Money Emotions
Lifestyle Spending
Time Management Jar
Prioritizing Your Spending
Difference between being Rich & Wealthy
The Diderot Effect
Professional Athletes & Lotto Winners
Financial Wellness
Reasons we find it difficult to change
Personal Finance Triage List
Example of Lucy's basic spending

Phone: (01) 539 2670

team@money-mentor.ie

www.money-mentor.ie

Thank you for listening - Money Mentor Team

On this weeks episode of the Money Mentor, Ken discusses Business Budgeting. Budgeting is 80% of being good with money. The first step is to understand how much you are spending and where you are spending it. We cover:

Goals
Time
Budgeting
Debt
Inflation

Phone: (01) 539 2670

team@money-mentor.ie

www.money-mentor.ie

Thank you for listening - Money Mentor Team

On this weeks episode of the Money Mentor, Ken discusses Your Income. Your ability to earn an income and an increasing income over time, plays a significant role in determining your financial future. We cover:

Types of income
How to value your income
Your current income
How much is enough
Your ideal income
Increasing your income
Risks to your income

https://www.youtube.com/watch?v=1np5_t24okE

(01) 539 2670

team@money-mentor.ie

www.money-mentor.ie

Thank you for listening - Money Mentor Team

On this weeks episode of the Money Mentor, Ken discusses What To Invest In? Having previously covered Investing in general, Investment Principles and How To Invest we now turn our attention to What To Invest In? We cover Inflation, Investment Market History, Loss Ladder, Diversification & Investment Portfolio Construction. Listen to this weeks episode to find out more.

https://money-mentor.ie/blog/what-to-invest-in

team@money-mentor.ie

www.money-mentor.ie

Thank you for listening - Money Mentor Team

On this weeks episode of the Money Mentor, Ken discusses The Nuts & Bolts of Money. Ever wondered what gives the money in your pocket or bank account it it's value, who is in control and how governments and central banks influence the economy? Listen to this weeks episode to find out.

https://money-mentor.ie/blog/how-to-invest

team@money-mentor.ie

www.money-mentor.ie

Thank you for listening - Money Mentor Team

On this weeks episode of the Money Mentor, Ken discusses How To Invest? Investing is simple but not easy. Are you setup for investing success?

https://money-mentor.ie/blog/how-to-invest

team@money-mentor.ie

www.money-mentor.ie

Thank you for listening - Money Mentor Team

On this weeks episode of the Money Mentor, Ken discusses whether to save into your pension or an investment? We compare both approaches and detail the pros and cons. Listen to find out which will deliver more wealth in the long run.

https://money-mentor.ie/blog/pension-or-investment

team@money-mentor.ie

www.money-mentor.ie

Thank you for listening - Money Mentor Team

On this weeks episode of the Money Mentor, Ken discusses how much State Pension will you be entitled to? Believe it or not, if working you are already contributing to your State Pension by paying PRSI. The State Pension is ground zero from which to begin building your passive income in retirement. How much State Pension you receive will depend on your career history and PRSI type.

https://money-mentor.ie/blog/how-much-state-pension-will-i-be-entitled-to

team@money-mentor.ie

www.money-mentor.ie

Thank you for listening - Money Mentor Team

On this weeks episode of the Money Mentor, Ken discusses whether to pay off the mortgage early or invest. We compare the certainty of paying off your mortgage with the uncertainty of chasing an investment market return that exceeds your mortgage interest rate. This financial decision has a significant amount of emotional wellbeing attached to it. Is the investment risk really worth it?

https://money-mentor.ie/blog/pay-off-the-mortgage-or-invest

team@money-mentor.ie

www.money-mentor.ie

Thank you for listening - Money Mentor Team

On this weeks episode of the Money Mentor Ken discusses car ownership and affordability. Purchasing and running your car is a big expense. Your emotions can get the better of you when deciding what car to buy. This may inadvertently lead to spending more than you can afford. Can You Afford Your Car? 

https://money-mentor.ie/blog/can-we-afford-our-car

team@money-mentor.ie

www.money-mentor.ie

Thank you for listening - Money Mentor Team