Ep 18 - Smart Family Finances: Planning, Saving and Growing Your Wealth


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Jan 09 2025 24 mins  

Summary


In this conversation, financial advisor Christian discusses various aspects of financial planning for families, focusing on savings accounts, Junior ISAs, pensions, and budgeting strategies. He emphasizes the importance of starting early with savings, understanding compound interest, and the benefits of tax relief on pension contributions. The discussion also touches on the challenges faced by families in the current economic climate and the need for professional financial advice.



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Chapters


00:00 Introduction to Financial Planning for Families

03:00 Understanding Junior ISAs and Compound Interest

06:03 Pensions: Importance and Contributions

08:52 Comparing Property Investment and Pensions

12:11 Financial Planning During Divorce

15:02 Budgeting and Saving Strategies for Families

18:03 Long-term vs Short-term Savings Options

21:00 Final Thoughts and Professional Advice


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The Burnt Out Mumma’s:


Isla is a thriving entrepreneur who runs a dynamic dance academy 💃🏼, is a published children’s book author 📚, and is also navigating the joys and challenges of being a burnt-out mum to 3-year-old Iona. Explore her world at www.boomartsacademy.com and www.boomstarbooks.com


Paisley started in entertainment, moved into fashion and beauty after university, and became a globe-trotting celebrity PA, launching tech companies along the way. Now an entrepreneur in property and a busy mum of two, ages 3 and 6, she’s powered by ambition—and a little Thermo Tea.


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📸 Follow us on Instagram for a dose of real-life burnout and chaotic mum moments - www.instagram.com/burntoutmummas 🎵 Or if TikTok is your thing, find us there - / burntoutmummas And of course you'll find us over on Facebook too - www.facebook.com/burntoutmummas



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Join us on January 26th for Vision and Vibes, Mumma’s Retreat – a soulful day to refresh your spirit and set your intentions for 2025. ✨


Don’t miss out – secure your spot now! 💖

https://www.ticketsource.co.uk/boom-arts-academy/vision-vibes-2025-mum-s-retreat/2025-01-26/16:00/t-lngvgqo

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