Hi folks and welcome to the Meaningful Money Podcast season 10, episode 9.

This is the podcast dedicated to helping you put your finances in order.

My name is Pete Matthew and I'm going to share with you everything you need to know and everything you need to do to secure your financial future. I'm here to help you make sense of money.

Well are we enjoying the weather folks? I don't know about where you are, but it's getting

very, very warm here, so... Now when I record, I have to shut my office window and and door and my office is on the second floor.

We got a bakery underneath us so it's warm all year round but in the summer it just goes a bit nuts

so prior to closing my window on my door it was 27 degrees in here yeah I know I need to just

fork out for some aircon right but anyway so it'd be interested to see what the

temperature is by the end of this show so I'll keep you posted.

Now long time listeners know that for some time I've been fascinated by the whole subject of

behavioral finance now that is the reasons we make the decisions

we do around money and the implications of those decisions. There is no question

that our responses to external events as we build wealth over time

has a massive effect on the eventual outcome and today I want to try and cover this

pretty huge subject in sort of pracy form if you like so let's see how we get

on with that after the main body of the show I'm going to look at some reviews that

have been left as usual announce what we're talking about next time but first

before all that remember this podcast is brought to you with the help of my friends

seven investment management.

They specialize in multi-asset investing, something I talk about a lot here, and I think that

should form the core of most people's investment portfolio.

7.I have been helping me out on here pretty much since the beginning,

...