Listen "#45 - How To Build Wealth: Lessons They Should Teach in School - Andrew Craig, Founder of Plain English Finance"
Episode Synopsis
It wasn’t until I started working in the financial industry that I understood how essential investing was for building long-term wealth.This week, I’m joined by Andrew Craig, founder of Plain English Finance and author of the must-read personal finance book How To Own The World.In this episode, Andrew and I dive into how investing can serve as a powerful tool for wealth creation. We explore what it really means to invest in shares, the importance of starting early, why relying on the state for a retirement pension is risky, how inflation erodes your cash savings, and so much more.Expect to learn:03:19 The Importance of Financial Literacy08:19 The State of Pensions and Future Challenges11:47 The Power of Compounding and Early Investment14:41 Government Policies and Economic Implications26:38 Understanding Inflation and Investment Strategies31:37 What It Means to Invest in Shares37:09 The Misconceptions About Financial Markets45:49 The Importance of Regular Investment57:52 Future Trends01:10:23 Comparing US and UK Economies01:11:15 The US Advantage in Technology and Innovation01:11:37 Challenges Facing the UK Economy01:14:08 Historical Market Trends and Lessons01:25:20 The Importance of Supporting British CompaniesDiscover AndrewWebsite - https://plainenglishfinance.co.uk/YouTube - https://www.youtube.com/channel/UCME6xVzdcA7q_RfhRaRIkPALinkedIn - https://www.linkedin.com/in/andrewcraigpef/?originalSubdomain=ukBooks - https://plainenglishfinance.co.uk/booksGet In TouchLinkedIn - www.linkedin.com/in/jay-lawrence-5a4b3357/Website - ambitiousmindspodcast.comInstagram - www.instagram.com/ambitiousmindspodcast Hosted on Acast. See acast.com/privacy for more information.
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