Hi folks and welcome to the Meaningful Money Podcast season 10, episode 4.

Here we go.

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.

Here we go, Great to have you with me once again. Now, uh, Einstein, you know that sort of big

eyebrowed genius of a few years ago. He apparently labeled compound interest the eighth

wonder of the world. But what is it about this fairly simple mathematical concept

that got one of the greatest minds in the 20th century all

shook up let's find out so we're going to talk about compounding today compound interest

or I tend to just shorten it to compounding because it's really not just about interest.

So that's what we're dealing with today after the main body of the show as usual.

I'll read out a couple of reviews that have been left this week and announce what we're going to be talking

about next week. Before all that though, as ever, remember, this podcast is brought to you with the help of my friends

at Seven Investment Management, who specialised in multi-assert investing,

something I'm always banging on about here.

I reckon that should form the core of most people's portfolio.

Seven IM, they've been helping me out on here for cheaper,

I think it's about eight years now, certainly six or seven years,

since way before the podcast when I was just

doing video so thank you massively to them please do check out what they're up to

...