Free and Figuring It Out
#125 | Figuring Money Out | Investing and Pensions with Prerna Khemlani (Episode 4/5)
FIGURING MONEY OUT 5 part mini-series
Episode Four Investing and Pensions with Prerna Khemlani
Prerna is a qualified chartered accountant and founder of This Girl Invests.
This Girl Invests was born out of a frustration at the lack of basic financial education.
This Girl Invest’s mission is to help reduce the gender investment gap by using education as a tool to empower women to invest and to feel #financiallyconfident.
In this episode we discuss:
The difference between investing and trading (2)
What is a share? What is a bond? (5)
Why bonds are better than cash in the bank (6.30)
Inflation (7.30)
How the government manage inflation (9.30)
Should you invest if you are in debt? (11.30)
How Prerna started (13.30)
How investing is a journey and why women are more risk-averse (16.30)
Verity’s plan to invest (20)
Should you invest with money only if you can afford to lose it? (21)
Try not to take investment advice from friends, do your own assessment (23)
Loss aversion (25.45)
How to invest your first £100 (28.30)
Understanding your investing personality (30)
Making investing a habit (32)
What is the next step if you already have investments and want to level up? (32.30)
The core and the satellite investments framework (33.30)
What is a fund? (34.30)
Investments that excite you and NFT’s (36)
Bitcoin and cryptocurrency (38)
Let’s talk pensions (40)
What is the purpose of a pension and the different types (42)
Women and pensions - longer retirement but smaller pensions (43.30)
Gender pension gap (44)
Company pensions, what your employer contributes to (45)
How to understand what you already have in pensions (47)
Pension tracking service (48)
Consolidating your pensions (50)
Changing your pension funds (51)
Self-employment and private pensions (52)
Connect with Prerna
Resources mentioned
Check your state pension forecast
The Automatic Millionaire {book}
Have some feedback, a question you would like us to answer or a topic suggestion?
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Your hosts are...
Charelle Griffith (she/her), 32, is a marketing strategist for coaches and consultant, and founder of PropelHer (an online platform and book club for ambitious women). Connect with Charelle on Instagram.
Verity Brown (she/her), 34, is a northerner, proud queer woman and the founder of The Authentic DatA Revolution (tadar.org) Connect with Verity on Instagram.
Disclaimer: All information provided by Free and Figuring It Out is for informational and educational purposes only and does not constitute financial advice. Free and Figuring It Out provides general information only and does not provide individual advice. For individual financial advice about your circumstances, please refer to an independent financial advisor.