Podcasts are great. They’re like radio…but better. You’ve heard about Serial and how addictive it is – and now you have the top 15 finance podcasts on the go at any given time.
If you haven’t heard of podcasts, you’re doing it wrong. They’re awesome because you can listen to them while you get ready for work, ride the bus or even while you walk your dog. According to research conducted in 2014, more than 40 million Americans listen to podcasts every month – enjoying six shows a week on average. And almost all of them are free!
1. Listen, Money Matters
This podcast is the brainchild of Andrew Fiebert, Chief Nerd at Listen, Money Matters (LMM). He used to work at an investment bank and started his website/podcast after realizing that there wasn’t really a good place for people to learn about personal finance. He focuses on the big 4 of personal finance: budgeting, investing, paying off debt, and income-growth.
LMM is great for total n00bs and the more seasoned investors. It’s a great podcast for anyone looking for an edge in getting the maximum out of their money, really. The best part about the podcast is that Andrew and Thomas, the show’s hosts, speak to you like a friend imparting solid life advice…one playing the straight man to the other’s clueless-about-money bit. It’s not intimidating.
Examples of shows include “Do I Need Life Insurance?”, “How To Turn Your Family Into A Profitable Business” and “Budgeting For A Lifestyle Change”.
2. Planet Money
Oh man, Planet Money is fantastic. This NPR production focuses on telling great stories, sourced from the nooks and crannies of the financial world. They excel at weaving in lessons and takeaways on economics and financial concepts and breaking those concepts down for the lay person.
This podcast is great if you’re interested in learning more about the world around you – and why things are the way they are. Why did Argentina just decide not to pay off its debts? Why does ISIS keep detailed accounting records? Why didn’t the price of a coke change for 70 years? If that sounds enticing, this is probably the podcast for you.
Each episode lasts about 15 -30 minutes and a few examples of the episodes on the podcast are “DIY Finance”, “Why Do We Tip”, and “An Insider Trader Tells All”.
3. Stacking Benjamins
The host of this wonderful podcast, Joe Saul-Sehy, was a financial planner in a past life and the guy definitely knows his stuff. He also used to do his financial advice thing on radio for 15 years – so he’s able to bring all that considerable experience to the podcasting stage.
The show’s format generally revolves around interviewing people and digging into their stories to unearth gems of financial advice. The guests tend to be people who have managed to get out of large amounts of debt or people who have had success accumulating wealth.
The latest episode invites Mark Iwry from the US Department of Treasury to help listeners figure out how to take advantage of tax-saving opportunities. Worth a listen, given that we’re right in the middle of #TaxSZN!
4. The Investors Podcast
Stig Brodersen and Preston Psyh are the hosts of the Investors Podcast. Their tagline is “We study billionaires” and they have created a show that’s dedicated to studying the ways by which people have made it big in the stock market.
One fantastic thing these guys do is read the books that billionaires and other wealthy individuals have cited as being inspirational, summarize them and share them with their audience. Recently they read billionaire George Soros’ book “The Alchemy of Finance”, and distilled its lessons into a 30 minute podcast. If that weren’t enough, they even create pdf-summaries of the books they read – which you can access for free by signing up to their mailing list.
The show also focuses on interviewing people who have created successful businesses and provides plenty of commentary on the stock market. Brodersen and Pysh have a knack for cutting through the noise and their view is always informed and always nuanced. If you are someone who is looking to learn about how to invest your money in the market in a smart way…then look no further. These guys will teach you the importance of protecting your downside and always doing your homework.
5. The Dave Ramsey Show
Dave Ramsey has a very highly rated podcast where he talks to Americans about saving and investing. In the 80’s Ramsey was involved the real estate market and made his fortune there. Unfortunately, he would go onto lose it all. As someone who got burned by the real estate market, it’s easy to see why he fully embodies his message of “avoiding debt at all costs”.
It’s a good message. “If you can’t afford to buy it, you shouldn’t be buying it”.
The best part about Ramsey’s show is the call-in aspect. He takes calls from real people who describe their situation and he talks them through to a solution. It can be a real help to hear people across the country talk about the same problems that you encounter and that could be the impetus you need to get cracking your finances.
Warning: some people don’t like the religious mentions in his podcast…but if you can get past that, there’s some solid advice there.
6. You Need A Budget (YNAB)
This podcast zeroes in on one topic. If you guessed budgeting, you’re correct. YNAB is a budgeting app – but the podcast is great for short doses of musings on personal finance.
There are episodes where they interview experts on topics like student loan debt as well as episodes that cover the 4 rules of budgeting. YNAB’s 4 rules of budgeting are:
- Give every dollar a job
- Save for a rainy day
- Roll with the punches
- Live on last month’s income
This podcast is great because of how in-depth it gets. A lot of people will offer the advice of “you need a budget” and leave it at that. If you are someone who gets bogged down in or frustrated with the practical aspects of setting and following a budget then this is the podcast for you.
7. The Clark Howard Show
Clark Howard is one name that’s been around for years in the personal finance industry. Apart from being a radio show and podcast host, he’s also considered to be an expert on consumer behavior, and hosts one of the most-listened to financial podcasts. His podcast focuses mainly on how to reduce expenses, build up your savings accounts and smelling investment and consumer product scams from a mile away. This podcast will help you get ready for your financial future.
Howard’s radio show airs on weekdays from 1 to 3 p.m. Eastern Standard Time.
8. The Money Tree
If you’re the type of person who likes to consider all the options before making decision, then this podcast is for you! Every week, experts from 4 different fields of personal finance interview a personal finance guest expert. The topics covered in the interviews range from personal finance in general to passive income.
The 4-person panel is comprised of a finance blogger, an entrepreneur, a financial advisor and a certified or registered financial planner. With each expert coming from different fields of personal finance, you’re sure to get multiple perspectives on a particular personal finance topic.
9. Feed The Pig
This podcast is unlike any other on our list. No, it’s not because it has references to Porky and Ms. Piggy but because this is considered a static podcast, i.e., one that isn’t updated often. However, it’s still one of the top finance podcasts for 2 reasons.
First, the goal of this podcast was to assemble the best in the business as far as personal finance goes. Who are these experts? The American Institute of Certified Public Accountants. No one knows more about personal finance than a group of accountants!
Second, the podcast covers all the basic stuff you need to know about personal finances – stuff that never goes out of style or gets outdated. That’s why there’s very little need to update the podcast. These include, advice on buying your first car, creating your household budget and mutual fund investing.
10. Consumerism Commentary
This podcast – hosted by Tom Dziubek – covers different personal finance topics, such as living a minimalist lifestyle, being an entrepreneur and living debt-free. The show regularly interviews personal finance experts and authors on a wide range of consumer-related issues that can help you save a lot of money on the things you normally spend money on.
A particularly interesting podcast episode talks about classroom economics, where teachers impart economic or personal finance lessons to students by providing them with make-believe cash and charging them the students rent and interest for the seats they occupy in class.
11. PT Money Podcast
What makes this personal finance podcast very interesting is that it focuses on the different ways that ordinary people are earning part-time income. So if you feel like you want to be an entrepreneur or simply want to earn money on the side, this podcast is for you.
In this podcast, you’ll get to hear interviews with people from different walks of life whose part-time incomes come from being a barista at a high-end coffee shop to reselling stuff on Craigslist. This podcast will help spark great ideas and encourage you to achieve your financial goals, be it a major purchase or living debt-free.
This podcast is the top rated iTunes podcast on the subject of real estate. It’s hosted by Brandon Turner and Josh Dorkin and in each episode, they interview real estate experts and give valuable advice on how to expand a real estate business.
The podcasts’ loyal followers commend it for the practical and real advice about real estate investing, making it one of the best business podcasts around. Whether you’re in the process of considering a career shift to real estate or are already a veteran in the field, you will definitely learn something that will help you grow as a real estate investor and of course, earn more money.
13. Freakonomics Radio
If it sounds familiar to you, it’s because this podcast is the offshoot of the immensely popular personal productivity books co-authored by economist Steven Levitt and journalist Stephen Dubner that were aptly titled Freakonomics, Super Freakonomics, and Think Like A Freak.
The podcast covers a wide range of seemingly odd topics from eating champions to cheating school teachers. But the common thread uniting all of the podcast episodes is how to think more productively, rationally and creatively – all of which can help you manage your personal productivity and consequently, finances, much better.
Whether you like or hate the episodes you listen to, one thing’s for sure: you’ll end up smarter – even just a wee bit more – after listening to them.
14. Smart Passive Income
With all the buzz surrounding the topic of passive income lately, this podcast easily makes it to our list of best financial podcasts. If you’re looking to earn more while working less and less, passive income’s your best bet and Smart Passive Income can help you do just that.
The podcast’s host – Pat Flynn – shows you the ins and outs of investing passively. He also interviews entrepreneurs who have successfully earned – and continue to do so – good amounts of passive income. To get a good idea of what passive income really is and how to go about earning it, I highly recommend listening to episodes 192 to 194 at the start before listening to the rest of the episodes.
15. Entrepreneurs On Fire
While many people dream of being an entrepreneur for reasons ranging from complete freedom from an evil boss to becoming the evil boss, it’s a highly risky proposition. Especially for first timers! There’s a world of difference between working as an employee and running one’s own business. Great research and planning is needed to succeed at entrepreneurship.
There are 2 ways to go about it: trial-and-error or learn from others’ mistakes and successes. Obviously, the best option’s the latter because it can save you a lot of money, time and headaches. Plus, it can increase your chances of becoming richer.
Entrepreneurs On Fire is one of the top financial podcasts because it can give you a big boost in terms of planning your transition into entrepreneurship. Or, if you’re already an entrepreneur, it can help you become a much better one. Primarily, this podcast features the testimonies of entrepreneurs who have failed at first but eventually succeeded.
Okay – that’s all from us for now. Now pick one and get listening!