Personal finance can sometimes be a complex and perplexing topic, especially if you’re still learning the basics of money management. Having an expert you can consult for advice and guidance can make things like creating your first budget, making a get out of debt plan, saving for retirement, or purchasing a home easier to manage. While a financial planner can assist with all those things, you’ll pay a fee for their services. — Worldculturepost
Listening to podcasts is a more convenient—and less expensive—way to access expert knowledge. Finance podcasts can help you get clear on your money goals and make a plan for reaching them, all from the comfort of your home, car, or even the treadmill at the gym. With hundreds of thousands of podcasts to select from, you might be wondering which are the best. If you’re looking for some new finance podcasts to listen to, consider adding these eight picks to your playlist.
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| Best Finance Podcasts for Upgrade your Finance skill |
01. Best for Finance Beginners: So Money
Hosted by leading personal finance expert Farnoosh Torabi, "So Money" has been rated as the top female-hosted podcast by Entrepreneur magazine and it’s also the 2016 winner of the top financial podcast award from the Plutus Foundation.
During her weekly conversations with entrepreneurial leaders, finance authors, and influencers, Torabi covers all the essentials of money management. You can learn about everything from paying off credit cards to managing finances jointly as a couple to starting and growing a business. It’s a comprehensive take on money, with no financial stone left unturned.
The podcast format is casual, yet honest, with stories and examples that are based on real-life experiences of Torabi and her guests. Of all the finance podcasts around, "So Money" proves to be a solid choice for millennials or anyone else who’s just getting started on their personal finance journey.
02. Best for Getting Out of Debt: The Dave Ramsey Show
Radio host and finance expert Dave Ramsey is best known for his “baby steps” approach to personal finance, which involves following a specific set of steps in a certain order to achieve financial stability and wellness. One of those steps is paying off debt using the snowball method, a concept that can be used for student loans, credit cards, car loans, personal loans, mortgages, or any other kind of debt you might have.
Like the "Dave Ramsey" radio show, the podcast offers direct, no-nonsense advice on how to get rid of debt methodically and quickly so you can move on to other financial goals, such as planning for retirement. If you’ve been having trouble with paying off debt or you just don’t know where to start, Ramsey can help you make a practical plan for getting ahead and reducing the balances.
You’ll also be encouraged and motivated by the stories Ramsey's listeners share as they’ve worked towards debt freedom.
03. Best for Students and New Grads: The College Investor
Trying to master personal finance while pursuing a degree or exploring the job market can be difficult to say the least. You may be learning how to pay bills for the first time or getting familiar with credit and credit scores, without knowing how those things affect you financially. "The College Investor" podcast aims to make the financial part of the equation easier by addressing the issues that matter to students and recent grads the most: how to pay back student loans, how to avoid overdraft fees, best budgeting tools, and how to get started with investing, among others.
It’s a great podcast for younger adults who want to develop a solid money plan they can follow through their 20s and beyond, but older listeners can also learn a new financial tip or two. In addition to those topics, host Robert Farrington (who happens to be a millennial money expert and entrepreneur) talks extensively about side hustles and becoming your own boss in a way that’s relevant and easy to understand, which may be appealing if you’re dreaming of starting your own business after college.
04. Best for Women: The Fairer Cents
When it comes to money, women often encounter some unique financial difficulties. The gender pay gap, for example, means women earn less than men. Caring for children or aging parents can reduce women’s time in the workforce and in turn, their earning and saving ability over the course of a lifetime. Minority women can face even more hurdles in achieving income equality.
"The Fairer Cents" podcast focuses on those types of issues to highlight how they can affect the financial wellness of women. If you’re looking for a feminist perspective on finance that goes beyond the standard money podcast fare, "Fairer Cents" co-hosts Kara Perez and Tanja Hester offer plenty of enlightening discussions. They’re assisted by their expert guests, which include behavioral scientists and financial experts who can talk about the financial issues that most affect women.
05. Best for Beginning Investors: Money for the Rest of Us
Saving is what you do when you want to set aside money that you think you may need in the near term. Investing is what you do when you want your money to grow over the long term, as you can earn a better rate of return than a savings account can offer. If you’re not an investing expert yet and you don’t know a stock from a bond, you might need some podcast guidance in understanding the market and where to put your money.
David Stein, a former chief investment strategist, created the "Money for the Rest of Us" podcast for investors who want to create a path in the market while keeping their risk tolerance and goals in mind. The podcast blends personal stories with academic research to explain key concepts such as portfolio balancing, how market cycles move, and how to invest with small amounts of money.
06. Best for Seasoned Investors: The Disciplined Investor
The stock market is volatile—just when you think it might go up, it goes down instead. If you’ve been investing for a while, you may be looking for a more detailed, specific analysis of what the market’s doing and where it might be going next, versus conversations about basic investing topics. "The Disciplined Investor" podcast is designed for skilled investors who already have a sense of the market, but beginners can also tune in for high-level discussions.
Disciplined Investor founder and host Andrew Horowitz weighs in weekly on topics like farmland investing, China and US relations, trading lessons, and financial independence. This is the podcast for you if you want prompt, up-to-date insight with a discussion of particular stocks and securities as you make portfolio decisions about where, when, and how much to invest.
07. Best for Boosting Your Earning Potential: Smart Passive Income
Pat Flynn is a blogger, influencer, and perhaps most importantly, he’s a seasoned entrepreneur who knows the subject of earning an income online inside and out. He successfully built a blogging empire and he’s established himself as a go-to guru for passive income. His biweekly podcast series offers an insider’s view of how to build a business and earn money online so you can leave the rat race behind for good. Whether you’re interested in making money as a blogger, creating passive income through affiliate marketing, enhancing your email marketing game, or becoming a money-making podcaster yourself, you’ll hear all about it on "Smart Passive Income."
And, it’s not just Flynn’s expertise you’re exposed to either. He’s regularly joined by online business leaders who have become influencers across a wide range of niches, such as Gino Wickman, Kristen Bor, and Heather Osgood, who share their best tips for keeping mental health, creating a podcast advertising strategy, and making a jump into the entrepreneurial world.
08. Best for Achieving Financial Independence: The Mad Fientist
The FIRE movement (financial independence, retire early) is driven by a desire to enjoy financial freedom sooner, rather than waiting until the conventional retirement age. It’s a topic that’s examined extensively in the "Mad Fientist" blog and podcast. The podcast uses an interview format to learn from some of the best-known FIRE movement pioneers, including personal finance icon Ramit Sethi, "ultralearning" expert Scott Young, and financial writer Morgan Housel. The advice you’ll hear is practical but also theoretical—the podcast challenges listeners to discard old ideas about what retirement and financial independence should look like and when it should happen.
Conversations revolve around saving and planning for retirement early (of course), but they also cover things like how to find happiness as you chase your money goals. It’s worth a listen if you’re interested in figuring out how to unleash your wealth-building potential and improve your lifestyle.
Frequently Asked Questions (FAQs)
What Is a Finance Podcast?
A finance podcast is an online, radio-like talk-show that focuses on personal finance topics to help individuals make better financial choices, such as investing money or paying off debt. Money management is considered an “evergreen” topic for podcasts because many people seek financial guidance. As such, there are plenty of finance podcast options available to listeners. These podcasts can be accessed through a number of online platforms, such as the Apple Podcasts app or iTunes.
What Types of Finance Podcasts are There?
Finance podcasts are all about money management, though the podcast focuses within that niche vary widely. Some focus on how to get out of debt, invest, increase your overall earning potential, and get familiar with money as a young or new-to-finance consumer. Others are generalist programs that focus on a single one of these topics each episode.
Each podcast typically takes on one of a few different formats. These include narrative podcasts where the host teaches listeners, guest-focused podcasts where the host talks to different guests each week who share their experience or expertise related to the week’s topic, or a combination of both formats.
What Makes a Good Finance Podcast?
A good finance podcast knows its audience and delivers what they want. The best finance podcasts have high-quality production, offer insights from various experts instead of a single host, and share relevant, valuable information in each episode that helps listeners improve their personal finances.
When Are Finance Podcasts Helpful?
Finance podcasts are helpful whenever they help a listener either make smarter personal finance choices or provide insights that are new to the audience. So, the answer to when such a podcast is helpful for you as a listener depends on your personal needs. There are many finance podcasts that are relatively unknown to the masses but have offered plenty of help to the few who have actually listened. Personal finance is a topic where there is a lot to learn all the time. If a podcast can help you navigate that journey, it’s helpful regardless of audience size.
How Do You Start a Finance Podcast?
Before you start a finance podcast, make sure you have the necessary knowledge or can get it through a list of knowledgeable guests who can guide the audience. Assess your existing knowledge by writing down all the different topics you want to cover and then deciding if you can offer insight on them or if guests with insight are required to help your future listeners with each topic.
Then, make sure you have the right equipment to record a high-quality podcast. At a minimum, you’ll need a dependable computer with internet access, a microphone (either a traditional microphone or a headset, earbuds, or built-in computer mics), and recording software. With your podcasting setup in place, start learning how to record and post your podcast.
How We Chose the Best Finance Podcasts
We looked at more than two dozen of the top finance podcasts nationwide and narrowed down the list to our top eight based on the overall production. We considered factors such as the topics of the podcasts, quality of production, host experience, quality of guests, and overall listener reviews.
https://www.thebalancemoney.com/best-finance-podcasts-4582978