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  <title>Understanding RISK</title>
  <description>This is an important episode. Here, Roger and Pete dive deep into one of the most important subjects for anyone looking to improve their finances to understand - RISK. It’s misunderstood and it’s misrepresented, but risk can be your friend if you treat it right.  Shownotes: https://meaningfulmoney.tv/session604&amp;amp;nbsp;  Get the PDF emailed to you - Risk Lens Guide: https://meaningfulmoney.tv/risklens&amp;amp;nbsp; &amp;amp;nbsp; 02:18 Everything you need to KNOW  04:17 - Market &amp;amp;amp; investment risks (the ones everyone worries about)  08:37 - Inflation &amp;amp;amp; purchasing power risk (the silent wealth killer)  13:35 - Behavioural risk (where most damage is actually done)  18:31 - Planning risks – when the structure is wrong  23:31 - Life risks that derail even the best plans  26:06 - The risk nobody talks about: building the wrong life  29:35 Everything you need to DO 29:42 - Get clear what the money is for 32:28 - Match risk to time, not emotion 33:43 - Build shock absorbers before chasing returns  35:56 - Diversify like you mean it  38:03 - Design for behaviour, not brilliance  40:27 - Protect the foundations  42:32 - Review — don’t react  44:49 - Spend intentionally — now and later  47:25 The Meaningful Money Risk Lens  51:15 Summary  52:42 This week’s reviews &amp;amp;nbsp; </description>
  <author_name>The Meaningful Money Personal Finance Podcast</author_name>
  <author_url>https://meaningfulmoney.tv</author_url>
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