Financial education is important for everyone looking to save, budget, or invest better. With the advances in technology, we can now digest this type of educational information by reading online articles or books and even through listening to podcasts on the go. Podcasts are starting to become the best way to learn new financial tips and tricks when trying to get better with your finances because it’s so easy to listen to while at the gym or on a drive.
Whether you’re looking for some inspiration, a way to become more financially literate, or a new way to manage your finances, we’ve compiled a list of the top five financial podcasts you should be listening to.
The Dave Ramsey Show Podcast
- Host: Dave Ramsey
- Average Episode Length: 40 Minutes
- Episode Release Schedule: 3 Episodes every weekday
Dave Ramsey is a mainstay in financial education and commentary. He first started his radio show, which was an effort to help consumers better understand finances and get out of debt, in 1992. The radio program airs every weekday for three hours, and the Dave Ramsey team turns each day’s radio show into three podcast episodes. This makes the show more digestible and edited for the direct podcast audience.
The show reaches 18 million combined weekly listeners via radio or through his podcast. Dave Ramsey is the author of seven bestselling books on finance and has reached over 1 million people through live events. While Dave offers plenty of financial advice, his podcast is the one worth listening to the most if you’re ready to change things and get out of debt. His shows are filled with people sharing their stories who took his advice and got out of debt within a matter of months.
- Host: Farnoosh Torabi
- Average Episode Length: 30 Minutes
- Episode Release Schedule: 3 Episodes per week
Farnoosh Torabi started as a financial reporter living in New York City with a low-paying job and a lot of debt. She has written best-selling books, coached hundreds of Americans who struggle with money, and was the star of a reality show called Bank of Mom and Dad. She also speaks about financial issues for women and young adults across the country.
A lot of Farnoosh’s content is focused on teaching young adults how to avoid or get out of debt and how to live great with less money. Her podcasts deliver “candid conversations for a richer, happier life.” The show’s main focus now is to interview thought leaders who have seen success with finance and who can offer you a new perspective on how to live a more fulfilled life and manage your money properly. She also routinely offers a Q&A episode where she answers your questions.
- Host: A variety of NPR hosts
- Average Episode Length: 22 Minutes
- Episode Release Schedule: 2 Episodes per week
The Planet Money Podcast is produced by National Public Radio (NPR) and is hosted by a variety of hosts who are all experts with finances. NPR is famous for providing in-depth coverage and education on a number of topics, and money is no different. The hosts dive into the economy, managing finances, and other financial news to help people understand what it all means to the average person.
Planet Money was originally produced in 2008 by Adam Blumberg and Adam Davidson, both popular journalists and podcasters, and now has produced well over 1,000 episodes. Like many NPR shows, the podcast focuses on a narrative to explain why certain things happen and how it impacts the finances of the nation. Many consider it to be a crash course in all things related to the economy.
How to Money
- Host: Joel Larsgaard and Matt Altmix
- Average Episode Length: 55+ Minutes
- Episode Release Schedule: 3 Episodes per week
The How to Money podcast features nearly an hour-long episode average and aims to help listeners live a richer life with less money. The hosts are Joel and Matt, who started the podcast because they felt like there could be a better way to educate people about the many issues in personal finance. With only 40% of Americans able to cover an unexpected $400 expense, the podcast wants to help you figure out how to budget and live well on what you earn.
The topics covered on the podcast are as wide as they are deep. You can find something interesting no matter what area of personal finance interests you the most. They cover things like how to quit your job, investing trends, how to start a business, how to become smarter with your money, overviews of financial products like loans, and reactions to finance-related news. The show has a more laid-back approach to the discussion of finances than the others on the list, as each host drinks a beer while they talk through the issues.
- Host: Jonathan Mendonsa and Brad Barrett
- Average Episode Length: 50 Minutes
- Episode Release Schedule: 1 Per week
ChooseFI is a podcast that has created an active community to help people accelerate their path to financial independence, which is what the “F” and “I” stand for in its name. Through a variety of topics on personal finance and intentional living, the hosts provide analysis and insight to help listeners earn more and spend less. This approach, they believe, brings individuals closer to living the lives they’ve only been dreaming about.
The hosts, Jonathan Mendonsa and Brad Barrett, both believe that the pursuit of financial independence offers the power to change lives. Their background is varied, but both have experience understanding difficult financial situations. Brad was a CPA prior to starting the podcast, while Jonathan was a Pharmacist who started his career, after his PharmD degree, with $168,000 in student loans. Each wanted to help others do better financially, so the podcast was born.
As you can see, there are plenty of great finance-focused podcasts available today. Each has a slightly different slant on how and what you can learn about personal finance. From getting out of debt to planning for retirement, regularly listening to one of these podcasts could be the difference in achieving your financial goals. The most crucial part is finding something that works for you so that you can make the necessary changes to start achieving more financially.
This information is provided as guidance only. Deere Employees Credit Union is not responsible for the material or content in any of the podcasts referenced in this blog. In return, DECU assumes no responsibility or liability for the accuracy or completeness of the podcasts referenced above.