Personal finances are a universal concern. From bills to budgets, income to investments, there are plenty of considerations that come with creating a personal financial strategy. The number of factors involved can make it difficult to know how to begin.
Fortunately, there's an easy answer to the issue of where to start your personal finance journey: gaining knowledge. And not just any knowledge. Audible knowledge.
Listening to financially-focused podcasts is a great way to glean information from those who have gone before you. You can hear from various successful individuals and hear them break down how they've handled finances in their own personal lives. Some focus on larger, big-picture strategies. Others have nitty-gritty recommendations that can revolutionize how you function on a daily basis.
Whether you're trying to establish your own personal financial strategy or revamping an existing one, here are several podcasts you should subscribe to as soon as possible.
1. Tap Into Wealth Woman's Wisdom
Mary Lyons has seen a lot over her career. She's used her vast collection of knowledge and experience to build her wildly successful brand, Wealth Woman. The personal finance company focuses on sharing wealth-generating tips and financial industry news. Lyons's inspiring and transparent style balances out the information with a healthy dose of personal stories and reflections, too.
Along with a large catalog of blog posts full of knowledgeable advice, Lyons also hosts The BIG Wealth Podcast with her co-host, Eric Alexander of Benchmark Income Group. The show is wrapping up its second year on the air, and it continues to be an enduring source of information for those eager to improve their personal finances.
From incredible personal stories to entertaining guests, the Wealth Woman podcast is chock-full of witty wisdom and sound financial advice. It keeps audiences entertained while equipping them with essential tips to improve their personal finances at every step.
2. Get a 10-000 Foot Overview With Planet Money
"Wanna see a trick? Give us any topic and we can tie it back to the economy." That's the first line on Planet Money's podcast page description - and it says it all. The venerable podcast masterfully takes any topic and deftly explains the economic and financial factors that lie at its roots.
The podcast, which boasts a stellar eight-person crew, fired up way back in 2008. It has won multiple awards in its fourteen-year run since. That timeline also means it's already supplied countless individuals with important information during the Great Recession.
After helping millennials hone their financial acumen over a decade ago, the show continues to equip Gen Zers with the knowledge that they need to get comfortable with the way money moves the world around them. It may not dive deep into the minutiae of personal finances, but Planet Money is a great way to learn terminology, develop financial literacy, and gain a greater appreciation for how important money is in daily life.
3. How To Money Brings Beer and Finances Together
Sometimes the best way to diffuse the intense pressure that surrounds personal finance is by having a nice conversation ...over a beer. How To Money is a podcast hosted by Joel and Matt, two friends who love to talk finances over a drink.
The show doesn't present deep dives into investing or complex breakdowns of financial strategies. It starts at the beginning of basic finance.
The pair of hosts tackle important concepts like paying off debt and DIY investing while avoiding mind-numbing jargon and unnecessarily complicated takes. The end product is a podcast that is as easy on the ears as it is helpful for listeners' bank accounts. It's a great launching point for any and all newbies who want to take their finances seriously.
4. Journey to Launch Kickstarts Healthy Financial Habits
Millennials and Gen Zers are the future of finance. As these younger generations become an increasingly important part of the economy, they are creating goals and setting ambitious objectives - many of which require money to turn into reality. That's where Journey to Launch comes into the picture.
The Journey to Launch brand started by following the real-world pilgrimage of Jamila Souffrant as she worked her way toward financial independence. The brand's relatable take on finance eventually sparked the creation of a podcast, which has become one of the biggest personal finance shows out there.
Souffrant's approach to money is perfect for younger generations with ambitious goals, piles of debt, and a lack of understanding of how to get on the right track. From interviews to answering listener questions, the show is a one-stop shop for getting one's finances on track and moving in a positive direction.
Setting the Stage for Financial Success
You can't flip a switch and suddenly be a personal finance connoisseur. Mastering the art of healthy money management and wealth generation takes years of learning and experience.
Podcasts are the perfect place to start the adventure. They allow you to discover new tricks and gain insights into the world of finance - all by living vicariously through the successes and failures of others.
So, look up the shows listed above and give each one a listen. Find the ones that suit your entertainment style. Then plug in, turn up the volume, and start setting the stage for your future personal financial success.
