Most people learn financial literacy in schools. However, you can only learn about finance when you study a business-related course in college. Although financial education is part of the school curriculum, very few teachers want to teach their students financial skills. According to CNBC, most teachers believe that teaching financial education is the responsibility of parents. So whose job is it to teach financial literacy? Indeed, it is the responsibility of the individual. You don’t have to wait for a parent or school to educate you. Instead, you can educate yourself by watching personal finance podcasts. If you’re wondering which podcasts to listen to, here are 10 personal finance podcasts to get you started.
10. So Money by Farnoosh Torabi
So Money discusses money-related topics with guests from all walks of life. Let’s face it; most people find it difficult to listen to the financial advice of a president’s child, for example. Instead, they prefer to listen to the advice of someone who has worked hard to get out of poverty. Fortunately, Farnoosh primarily welcomes people from underrepresented groups to share their financial stories.
9. Meaningful Money Podcast by Pete Matthew
Financial literacy is important in all walks of life, but why are most people reluctant to learn about finance? according to your story, people find financial concepts complicated and therefore choose not to learn about finances. In this podcast, Pete discusses financial concepts in simple, everyday language. Before describing a concept, he also first defines it.
8. Money for the Rest of Us by J. David Stein
People worry about money for many reasons. For example, people choose not to spend money so as not to deplete their savings. However, this is impossible because you will still need to spend money. You just have to invest and use the profits on expenses. This podcast will teach you how to invest money and how investing works. Additionally, the podcast will teach you how to overcome your fear of losing money through spending or a bad investment.
7. Give It All by Paula Pant
Financial prioritization is difficult for most of us. When you first earned your paycheck, you probably wondered how much of it would go to food, electricity, emergency funds, etc. Fortunately, this podcast will help you distinguish between important and unimportant things if you’re currently struggling to prioritize your finances.
6. His Money by Jean Chatzky
In general, women spend more money than men. According to Forbes, women spend more on inexpensive items like clothes while men spend their money on expensive items like cars. Because of this study, you may erroneously conclude that women don’t need financial advice. However, women still need financial advice even though they spend less than men. After all, some women spend as much as men, and they could benefit from a podcast like this.
5. Jonathan and Brad’s ChooseFi
Many people hope to achieve financial independence but fail to do so for various reasons. One of the ways people achieve this is through employment. Without financial independence, you will start depending on loans or other people for money. In the long run, you will end up with debt. So if you’re ready to learn how to be financially independent, this podcast is for you.
4. The Money Guy Show by Brian Preston and Bo Hanson
Making smart decisions is necessary when buying an item. Without being financially smart, you will end up buying an overpriced or poor quality item. So how would you know if it’s the right item to buy? This question will be answered once you listen to this podcast. Both hosts specialize in handling practical topics related to personal finance.
3. The Clark Howard Podcast by Clark Howard
The only person who should manage your money is you. Clark shares in his podcast how you can take control of your finances with great deals, money-saving tips, consumer advice, and business news. In addition to teaching you how to manage your money, it also helps auditors identify instances where unscrupulous dealers may be cheating them.
2. Millennial Investing Podcast by Robert Leonard and Clay Finck
Most people don’t teach young people how to invest or save money. Fortunately, this podcast targets young people who intend to invest in one way or another. Hosts invite experts, leading investors and entrepreneurs to guide millennial investors. Through this podcast, millennials also learn about trendy long-term investing options such as options trading , real estate investment, stock market investment, etc.
1. Women and Money by Suze Orman
Even though the podcast is aimed at women, Suze still encourages men to listen to her podcast. His podcast challenges listeners who use money to solve certain problems. Most people hate getting to the root cause of a problem and instead throw money at it. This may temporarily fix the issue, but the issue will still remain unresolved. In this podcast, you will learn to see money not as an end goal but rather as a means to live a meaningful life. People act extremely anxious when they cannot access money. As a result, they do what they can to get the money due to their impatience. So, you can therefore live a good life with money and just enough.
There’s no reason you can’t educate yourself about financial matters in the digital age. After all, almost everyone owns a smartphone. However, we understand how entertaining it is. The smartphone offers games and social networks, and millennials prefer to use it for entertainment rather than learning financial literacy skills. One reason that should motivate you to watch these podcasts is the amount of money you save. For example, how much does a university course in finance cost? On average, you would need around $50,000. Luckily, you’ll only have to pay for your internet connection or a few cents for some podcasts. In addition to saving money, you’ll also enjoy the presentations. Let’s face it, learning finance from a course tends to be boring. Many teachers have flat voices. On the other hand, most podcasters are artists and therefore know how to convey information in an interesting way.