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The Money Compass - Five Steps to Plan your Finances

Five Steps to Plan your Finances

The Money Compass

08/13/20 • 9 min

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In this weeks episode, Emma, Julie and Becky talk over the essential for every financial planner, PIPSI which is the order in which your financial objectives should be considered and achieved. What is PIPSI we hear you ask? Well it’s Protection, Income Protection, Pensions, Savings and Investments.

Podcast formerly Your Recipe for Financial Success.

Visit themoneycompass.co.uk for more information on this topic, news and more episodes.

08/13/20 • 9 min

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The Money Compass - Five Steps to Plan your Finances

Transcript

Julie Hunt

So today we're going to be looking at the bread and butter of any financial advisers recipe book, something we call PIPSI. Emma, do you want to tell us what PIPSI actually stands for.

Emma Knights

Yes, I will. So, PIPSI is the order that we start looking at different areas of investing and protection. What it actually stands for is Protection, Income Protection, Pensions, Savings and Investments.

Julie Hunt

So why is PIPSI so important?

Emma

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