MMS #29 | Changing the future of food: the story behind The Pure Food Co

08/20/24 • 30 min

In this episode of Money Made Simple, Jennie is joined by the impressive Sam Bridgewater, co-founder and director of the Pure Food Co., a company revolutionising nutrition for seniors around the globe. Simplicity has invested in Pure Food Co. via our Private Capital business, and today, Sam shares his own story and the inspiring journey behind the company's mission to nourish the world's seniors with nutrient-rich, enjoyable food. This week's episode covers:

How personal family experiences led Sam to leave banking and start Pure Food Co. to address the nutritional challenges faced by seniors.
Discussion on how Pure Food Co. aims to improve seniors' quality of life through better nutrition, and the broad impact of their products in aged care and healthcare facilities.
Insights into the development of Pure Food Co.’s specialized nutritional foods, which combine great taste with high nutritional value.
Sam talks about overcoming industry challenges to create a scalable business model that delivers effective nutritional solutions.
Exploration of Pure Food Co.'s plans for growth, particularly their expansion into international markets like Australia and France.

Resources we mention in this episode:
- Simplicity’s website: https://simplicity.kiwi

By the end of this episode, you’ll learn all about how Pure Food Co. is not just changing the way we think about food for seniors but also setting new standards in healthcare nutrition. Tune in to discover how innovation in food technology is making a tangible difference in the lives of elderly populations around the world. And of course, is paving the way for a better future for us all!
NEW: Check out our YouTube channel (Simplicity KiwiSaver) for the full video version of this episode!

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Disclaimer: This podcast contains personal opinions and is intended to provide educational information only. It doesn't relate to your particular financial situation or goals and is not financial advice or recommendations. Simplicity New Zealand Limited is the issuer of the Simplicity KiwiSaver scheme and investment funds. For product disclosure statements please visit Simplicity's website simplicity. kiwi.

How personal family experiences led Sam to leave banking and start Pure Food Co. to address the nutritional challenges faced by seniors.
Discussion on how Pure Food Co. aims to improve seniors' quality of life through better nutrition, and the broad impact of their products in aged care and healthcare facilities.
Insights into the development of Pure Food Co.’s specialized nutritional foods, which combine great taste with high nutritional value.
Sam talks about overcoming industry challenges to create a scalable business model that delivers effective nutritional solutions.
Exploration of Pure Food Co.'s plans for growth, particularly their expansion into international markets like Australia and France.

Resources we mention in this episode:
- Simplicity’s website: https://simplicity.kiwi

Previous Episode

MMS #28 | Knowledge = Power! Simplifying the language of investing (step aside, finance bros)

In this episode of Money Made Simple, Jennie and Liv address the often intimidating and complex world of investing, breaking down the finance-bro jargon! Gaining a deeper understanding around some of these tricky terms is super useful for anyone looking to make informed investment decisions and manage their finances effectively. Today, we break down key investment terms into simple, easy-to-understand language to help you navigate the investment landscape confidently. This episode covers:

Definitions of need-to-know investment terms such as "investment" and "assets," and how they relate to your financial growth
Clarifications on stuff like shares, bonds and dividends, including their roles in personal finance and how they impact investment portfolios
Insights into investment funds - how they work and the benefits they offer to individual investors vs DIY investing
The concepts of diversification and asset allocation, explaining why they are critical for risk management in investments
The significance of understanding investment risk and return, and how to balance the two to suit your own goals, timing, and the "sleep test"
A very quick intro to hedging strategies and their relevance in protecting investments from currency fluctuations

Resources we mention in this episode:

Sorted.org: https://www.sorted.org.nz
- Investopedia: https://www.investopedia.com
- MoneyHub: https://www.moneyhub.co.nz

By the end of this episode, you'll hopefully have a solid grasp of essential financial terms and concepts... which will empower you to make smarter, more strategic investment choices. Whether you're a novice looking to start investing or seeking to deepen your existing knowledge, this episode is your guide to demystifying the complex language of finance. So tune in to tune up your financial literacy (and maybe take the plunge you've been putting off!).

Next Episode

MMS #30 | Help!! Top 5 FAQs that we get on investing, KiwiSaver and more

In this episode of Money Made Simple, Jennie and Liv address the most frequently asked questions by our KiwiSaver and Investment Fund members. With insights from across the Simplicity team, this episode aims to help troubleshoot common issues and queries, and provide practical tips to help you navigate your KiwiSaver and Investment Fund accounts more efficiently and effectively. We cover the following FAQs we see almost err' day:

Should I lump sum it, or do regular investment contributions? Exploring the benefits of both investment strategies and how they impact your long-term savings (including our fave, compounding returns)
What's the right fund type for me? Discussing ways you can select the most suitable fund for your financial goals and risk tolerance
How do I go about switching providers/funds? A step-by-step guide on how to switch providers or funds easily and what to consider before making a switch
Why haven't I received the govt contribution?! Detailing how government contributions work, eligibility criteria, and how to maximise these benefits
HELP!! I can't login! Tips on resolving super common issues related to logging into your KiwiSaver or Investment account and (the dreaded) 2FA

Resources mentioned in this episode:- Simplicity's KiwiSaver tools - including a fund selector tool, fees calculator and retirement planning tool
- Sorted.org's Fund Finder Tool - helps you find the best KiwiSaver fund that matches your risk profile and investment goals.
- IRD website - for comprehensive details on KiwiSaver rules, regs and guidelines.

By the end of this episode, we hope that we will have answered at least one of those burning questions you may have had (or will have) at some point when it comes to your KiwiSaver! And if not, hopefully it's helpful anyway - and feel free to get in touch with us via our socials (linked below!) and we'll do another FAQs episode soon :)
*Editor's note: Simplicity is not licensed to provide financial advice and that also applies to the tools that we provide - they are not financial advice or a substitute for seeking such advice.*