Ep 456 - Record gold prices explained, teaching the next generation and taxable benefits

The Money To The Masses Podcast

In this week's episode I explain the possible reasons behind the significant increase in the price of gold in recent months. I also reveal how a conversation with my daughter led to me explaining how compound interest works and her excitement at discovering how saving small regular amounts from a young age can lead to significant wealth over time. Finally, Andy explains how taxable benefits work and the importance of checking your tax code. Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show. Support the podcast You can now support the MTTM podcast by visiting our dedicated podcast page when making any financial decision. You may already compare products and services online and make purchases but by doing so via our dedicated page you might not only save money but could also earn cashback or take advantage of exclusive offers for MTTM listeners. Every time you use a link on the page we may earn a small amount of money for our podcast. We only use affiliate links that give you an identical (or better) deal than going direct. Thank you for being an incredible part of our community. Your support means the world to us. Support the show by visiting and bookmarking our dedicated podcast page:

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Resources:

Links referred to in the podcast:

• MTTM Podcast 120 - Investing in gold
• MTTM Podcast 144 - The truth about gold
• MTTM Podcast 317 - Bitcoin vs Gold
• MTTM Podcast 416 - Investing in gold & its outlook
• The Money to the Masses Investment Calculator
• How to become a millionnaire
• Check your tax code for this tax year
• Check your tax code for previous tax years
• Contact HMRC if you have a tax query
• Sign up for the Money to the Masses newsletter
• Join the MTTM Community group