Podcasts seem to have taken the world by a storm. Their popularity has grown in the past years that they have become the ‘go-to’ for many things affecting human existence. From anti-racism, religion, sports, politics, art, literature to relationships, personal development, and even finance.
As we encourage you to be financially literate, we also bring you tools that can help you be that. Perhaps you may not have the time to read comprehensive books on finance due to work, business, or family.
But you can listen to podcasts that can help you make sound financial decisions. You can do this while commuting, exercising, driving, eating, literally anything.
In this article, we will furnish you with a list of the 10 best personal finance podcasts you should listen to. These podcasts will help you on your path to financial freedom.
What Is A Finance Podcast?
Finance podcasts are an online resource that are basically audio talk shows that specialize in finance. They are online and they exist to helping people grow their finances or manage the money they have got already.
Some of the recurring themes in many personal finance podcasts are debt management, finance management, and investment opportunities.
If you need any of these, financial podcasts are available for you. The people who host these podcast sessions are usually financial experts.
Where they are not, they invite those who have a proven track record of doing well financially so listeners can get quality money advice.
Why Listen To Personal Finance Podcasts?
Podcasts are becoming mainstream. They touch on various aspects of the wealth service industry. You should listen to personal finance podcasts because they are blends of financial advice that can help you develop yourself and your earnings.
One fine thing about finance podcasts is the fact that they offer practical, modern, and relevant financial advice. The hosts do not re-echo stuff they have read but things they have tried on their own and have seen work.
Some financial podcasts do not just give financial advice, they also talk about career pathways that are up for grabs in the finance world. Sounds cool, doesn’t it?
What Types of Finance Podcasts Are There?
We are currently in a podcast bloom. Many people have been creating and hosting podcasts for many reasons and they have loyal and committed listeners. In the finance aspect, there are many podcasts out there and each focuses on one or more issues about money.
Most podcasts are finance management podcasts that talk about how to manage your income for better productivity and lifestyle outcome. The second most popular type of podcasts are those that focus on debt payment. The third are podcasts that talk about savings and investing.
They say knowledge is power and so some podcasts bring to their audience lots of opportunities for investments which they may not have heard of.
The least most popular are the income-boosting podcasts that teach the audience how to increase their earnings or position themselves to earn more.
What Makes A Good Finance Podcast?
We can guess that we have piqued your interest in not just the best personal finance podcasts but podcasts in general. And maybe your question now is, “How do I know which podcast to follow?”
Maybe you have been listening to a particular one, but you are unimpressed and would like to switch to something better. What are the criteria you can use to measure if the new podcast you want to listen to is the right one for you?
What makes a finance podcast good for you depends on what you want. If you are in a debt crisis and you need sound advice, it may not make perfect sense to listen to one that talks about investment. So, the first thing to check is suitability for your needs.
The next thing you should check is how good their production is. A good podcast should have a high production quality that makes it stand out amongst others. Low-quality sounds, glitches are signs you should not choose that podcast.
After considering quality, check out the people and content of the podcast. Who are the hosts and what are they saying? For a serious subject like money, a rookie should not be the one giving financial advice.
The host-or the people the host invites-should have sound financial knowledge. In fact, they should be experts in their chosen field.
Any person who is talking about investment must have shown a record of brilliant investments he or she has made to prove that they know what they are talking about. If the people dishing out knowledge on the podcast are not credible, ditch the podcast.
When Are Financial Podcasts Helpful?
When do we adjudge a financial podcast to be helpful? What should a personal finance podcast do to show that it is living up to expectations? Well, it is when that finance podcast is actually guiding the listeners to success.
If none of the listeners have actually had success following the advice gleaned from the podcast, then the podcast is not actually helpful.
Some of these finance podcasts have social media platforms where people discuss the topic that was talked about in the podcast.
You can peruse their handles and search for testimonials from people who have been following the podcasts. If you cannot find any, then perhaps that podcast will not be useful for you.
10 Personal Finance Podcast You Need To Listen To
Now that we know what podcast is and how it works, here is a list that contains 10 of the best personal finance podcasts you have to listen to. Best Personal Finance Podcasts for Beginners
1. Money For The Rest Of Us
Money For The Rest Of Us is a podcast by David Stein. It guides people on the best investments available and how to choose which. What David Stein has built with his podcast on personal finance is a community of people who set out to meet financial goals together.
He believes people should not do investments in isolation, that investors should have a community that acts as a support system where people can learn, unlearn, and connect for financial or business purposes.
Stein is an expert investor who has led a team of investors and has recorded tremendous success.
One thing David Stein advises and pushes a lot on his podcast is making enough money that will ensure you have a blissful retirement. He is grooming a group of people who would not depend on kids or church or charity organizations to lead normal lives once the bones become weak and the muscles shrink.
The podcast, Money for The Rest Of Us, has over ten million downloads and has been on for six years. With this podcast, you will get one of the best ideas on investing and keeping money away for retirement.
Our best episode of this podcast so far is: How To Invest In Farmland.
2. So Money
So Money is a podcast that Farnoosh Torabi hosts. It is one of those podcasts that are women-centric. There are lots of financial tips for women-and for everyone.
One thing I love about this podcast is that it does not just focus on money. Farnoosh talks or invites people who talk about other aspects of life that also influence our pockets such as school, relationships, and family.
The podcast is one of those that covers a wide range of topics like student loans, retirement, budgeting, career, real estate, kids, savings, and entrepreneurship. So money also has a blog where you can read finance transforming articles.
Farnoosh Torabi is a multi-award-winning wealth strategist and author and what she brings to her podcasts are ideas and tips that are fresh from the current market. Occasionally, she brings financially successful people to the podcast to share their success stories.
She says this is to motivate her listeners, for them to know that indeed, they can do it and that the tips she doles out works. Every Friday on So Money, Farnoosh dedicates it to answering questions thrown to her from the audience.
My best episode of So Money is: Best Financial Advice for Generation X?
3. Side Hustle Pro
Side Hustle Pro is one of the best personal finance podcast around. It is a podcast that Nicaila Mathews Okome hosts.
One of the special things about this podcast is the fact that it spotlights the best of black and hardworking women across the globe. Nicaila is all about helping people take the first step in starting a business that is their passion.
She quit her job in 2017 to manage the podcast full time. Another incredible thing about her is that she is open to helping others start their podcasts.
I would say that Side Hustle Pro is arguably one of the most interesting podcasts on the list. The listeners do not just get the option of listening to Nicaila, they can also join her online classes.
Here she has some courses that can help readers develop themselves and their businesses. There is the Increase Your Productivity course that teaches the reader how to juggle between a job and a side hustle.
Learn to Master the Gram teaches business owners how to attract customers and keep them, especially via Instagram. The last is the Podcast Mogul that teaches readers how to become great podcasters themselves.
My favorite episode on Side Hustle Pro is: How Black Women Can Build Legacy Wealth
4. Future Rich
Barbara Ginty aka money whisperer runs the Future Rich Podcast. It is one of the best personal finance podcasts for beginners and rookies who do not know their left from their right as it concerns money.
The host is a professional financial planner who helps people meet their financial goals. Like Nicaila above, Barbara also has an online finance class where she teaches how to handle debts from student loans, budgeting, and financial planning, etc.
The podcast started on the 2nd of February 2018 and is still up and running. It ranks among the top 2 percent personal finance podcasts in the world. Here you get knowledge in savings and investments.
Barbara also has a space for letting in questions, which she answers. The podcast airs once every week and it lasts for an average of 33 minutes. Currently, the podcast has 124 episodes.
Why we love Barbara Ginty’s Future Rich is how it simplifies financial jargon so her listeners can understand. She also creates financial micro-steps that listeners can follow and make their lives better.
Lastly, Barbara holds interviews with people who book her. She helps them create a plan that leads to the actualization of their financial goals.
Our favorite episode of Future Rich is: Don’t Put All Of Your Eggs In One Basket
5. Planet Money
Planet Money is one of the best personal finance podcasts and it is also one of the most popular.
Adam Davidson and Alex Blumberg launched this podcast on the 6th of September 2008. The original purpose of the podcast was to bring people news about the financial crises that rocked the US in 2007/2008.
National Public Radio produces this podcast twice in a week. Currently, the podcast has about ten hosts and notable among them are Robert Smith and Jacob Goldstein.
The podcast talks about the economy in a funny and relatable way. A brilliant thing about the podcast is how it also helps educate students who are studying finance-related courses in school.
Some topics talked about in these classes are inflation and unemployment, debt, GDP, the way the government is spending money, etc.
Basically, NPR’s planet money is all about breaking down the economic gist in the most relatable way for the average person.
Our favorite episode of Planet Money is Interest Rates… Why So Negative?
Best Financial Market Podcasts
6. Nugget’s News Crypto and Financial Podcasts
It is no longer news that cryptocurrency is the future of money. We will be shocked if you have not heard of cryptocurrency until now. It means you must have been existing in an alternate universe. Nugget’s News Crypto and Financial Podcasts is one of the best personal financial podcasts that talks about cryptocurrency.
The host of this podcast is Alex Saunders, and he dedicates time every week to talk about cryptocurrency and how one can use its bloom to amass wealth. Alex does not host his podcasts alone; he invites other guests who are good at cryptocurrencies to explain a lot of things to his audience.
Many people have differing opinions about cryptocurrency, and the points on both sides of the divide are valid. But we believe it is a huge oversight not to at least pay heed to what cryptocurrencies offer. And that is why this podcast makes our list.
Our best episode of Nugget’s News Crypto and Financial Podcasts is: Exposing Online Scams – The Secrets They Don’t Want You To Know.
7. What Goes Up
What Goes Up is one of the best personal finance podcasts. Mike Regan with Sarah Ponczek are the hosts of the podcast. The popular Bloomberg produces the podcast.
Mike Regan is a financial advisor, analyst, and financial writer for Bloomberg. His experience with Bloomberg makes him the prime host for What Goes Up. He has been a senior editor for Bloomberg and has covered Wall street for them for years.
What Goes Up podcasts air every week and currently it has 118 episodes. Every week, they invite experts on finance that educate the audience on which financial service to purchase.
On this podcast, the audience gains insight into the factors that are driving the global market. Here you can get fresh updates and advice on bonds, stocks, commodities, and currencies.
Many people may find it hard to follow the updates of Wall Street maybe because of jargon there. In What Goes Up, the hosts explain all that ‘goes on’ on Wall Street. They also study the market and predict what each happening in the financial world translates to for investors.
One of our favorite episodes of what goes up is: The Melt-up After the Meltdown
8. Motley Fool Money
Motley Fool Money Podcast is one of the best personal finance podcasts that talks about investments. Chris Hill and some others from the Motley Fool panel do regular investment analysis on the podcast every Friday. If you want to listen to prompt news in the world of finance, Motley Fool Money is your best bet.
One thing they do in the podcast is the fact that they analyze business headlines and financial news for people in a language that is easy to grab. The next thing they do is to break down the implication of the stock market changes for investors.
On some episodes, the Motley Fool Money podcast invites some industry gurus, finance authors who are actually breaking grounds in finance. These people observe stocks as they are and then make predictions based on history and expertise.
So, if you are looking to up your game in finance, listen to this podcast and get trustworthy information you can work with. The podcast also talks about cryptocurrency and its implication on global finance.
Our favorite motley fool money episode: 21 Stocks for 2020
9. Business Daily
Even media houses have discovered how instrumental podcasts have become in entertainment and the passage of information. Business Daily is a podcast of the British Broadcasting Corporation (BBC). It is a rich podcast that airs every day.
One beautiful thing about BBC’s Business daily is that it does not just focus on wealth or finance, it also talks about other factors that are precursors to finance and wealth.
Work politics also get extensive airtime where the audience gets advice on how best to manage office politics and the nuances associated with corporate organizations.
In fact, BBC’s business daily is one of the best personal finance podcasts because of the variety of topics they handle and publish for their audience.
Perhaps the popularity of this podcast is based on the established popularity of the BBC as a whole. While that may be true, it is still great to see a podcast that started in April 2020 have such amazing content and huge followership.
If you are looking for a place to get firsthand information on finance in the UK and also in other parts of the world, then BBCs Business Daily is a cool one to try.
My favorite episode on Business Daily is Teaching Children About Money.
10. Investing Insights
One cannot say it enough that investing is one of the best ways to amass wealth and what’s more? It rarely needs your active participation. Unlike your daily job, you can earn while sleeping or on vacation.
The money you save should go into more of investing because while savings ensure that there is money in your hands, investments ensure that there is more money.
There are a lot of investment opportunities that might pass by because we don’t know about them and this is where Investing Insights Podcasts come in. The podcast gives insights and advice on investments.
Investment Insight is the financial podcast of Morningstar, an investment analysis and research company in the US. Investing advice and insight is not all Investing Insight does, they are also great at providing software and data services and can also give tips on how to effectively manage money.
Looking for great investment ideas and advice? Head to Investing Insights and pick their brain. The earlier you invest, the better.
Our favorite episode of Investing Insights is: Rethinking Retirement Income and Investment Strategies
Conclusion
Now that you have seen our list of the 10 best personal finance podcasts, which one will you listen to? Remember, if you are to make progress financially, invest not just money but time in getting financial literacy and one way to do that is by listening to podcasts.
They are a rich online resource that can help you move up the financial ladder.
The podcasts mentioned here have a vast coverage-debt payment, investment, savings, starting a business, budgeting, and financial planning- and will be instrumental in whatever financial challenges you may have. So, listen, learn, implement, and grow rich.
Save this for later!
