• #45 - How To Build Wealth: Lessons They Should Teach in School - Andrew Craig, Founder of Plain English Finance

  • Jan 17 2025
  • Length: 1 hr and 40 mins
  • Podcast

#45 - How To Build Wealth: Lessons They Should Teach in School - Andrew Craig, Founder of Plain English Finance

  • Summary

  • 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 Literacy

    08:19 The State of Pensions and Future Challenges

    11:47 The Power of Compounding and Early Investment

    14:41 Government Policies and Economic Implications

    26:38 Understanding Inflation and Investment Strategies

    31:37 What It Means to Invest in Shares

    37:09 The Misconceptions About Financial Markets

    45:49 The Importance of Regular Investment

    57:52 Future Trends

    01:10:23 Comparing US and UK Economies

    01:11:15 The US Advantage in Technology and Innovation

    01:11:37 Challenges Facing the UK Economy

    01:14:08 Historical Market Trends and Lessons

    01:25:20 The Importance of Supporting British Companies


    Discover Andrew


    Website - https://plainenglishfinance.co.uk/


    YouTube - https://www.youtube.com/channel/UCME6xVzdcA7q_RfhRaRIkPA


    LinkedIn - https://www.linkedin.com/in/andrewcraigpef/?originalSubdomain=uk


    Books - https://plainenglishfinance.co.uk/books


    Get In Touch


    LinkedIn - www.linkedin.com/in/jay-lawrence-5a4b3357/


    Website - ambitiousmindspodcast.com


    Instagram - www.instagram.com/ambitiousmindspodcast



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