Connect with us

Income Network

11 Best Personal Finance and Investing Podcasts

Money

11 Best Personal Finance and Investing Podcasts

I’m always baffled by people who “don’t do podcasts.” When I ask why I hear a lot of the same responses. I’m a big advocate for podcasts, so naturally, I try my best to convince them to give it a try.

Person: “I don’t have time.”

Me: “What about listening to it on your commute to work? Or when you go for a walk or run on the treadmill?”

Person: “I’m not a good listener.”

Me: “Podcasts can help you improve that! Did you know that listening may help trigger echoic memory in your brain? It means you’ll remember it longer.”

Person: “I don’t know.”

Me: [Blank face.]

If you’re in the “I don’t know” camp, it’s time to change that and start taking advantage of the power of podcasts.

For one, they’re free, and two, you can learn about so many different topics you’d normally not be able to consume so easily. A perfect kind of topic to learn about through podcasts is personal finance. I’d much rather listen than read.

The Best Financial and Investing Podcasts

Here are some of the best podcast shows about money and investing.

Some of the podcasts on this list aren’t specifically focused on teaching you how to invest or budget your money but encompasses an overall theme of money. I find that listening to a mix of shows that offer tangible advice about your money (how to’s, real takeaways) with learning about general financial topics (Planet Money, Freakonomics) is the way to go.

1. Planet Money by NPR

  • Show length: ~ 20 minutes
  • What you’ll learn: Fascinating stories about the economy and money

Examples of previous episodes:

  • Peanuts and Cracker Jack
  • The Fake Review Hunter

I’ve been a huge Planet Money fan since 2013. This award-winning, NPR-backed show does a superb job of teaching you something cool, quirky, or weird about money and the economy.

The show dives deep into a money topic. Even if some of the takeaways don’t deal with helping you invest or save money, it’s still really interesting.

These are two of my favorite episodes:

1. What are shell accounts and how easy is it to open one?

This episode gave listeners an in-depth view of what it takes to open a shell account in a foreign country.

2. The Best Places to Hide Your Cash

Planet Money reporters interviewed the citizens of Greece after the financial crash of 2008 and asked where they hid their money. At the time, financial chaos was high, employment was low. People did not trust banks, so many residents were resorting to hiding money in their homes.

One guy hid his money in the back of his refrigerator. Sounds like something you’d see in a Hollywood mafia movie or on “Breaking Bad,” but wait — he used unique screws that only worked with a special screwdriver so thieves couldn’t get to it. Brilliant!

2. The Stacking Benjamins Show

  • Length: ~ 1 hour, with four topics covered every 15 minutes
  • What you’ll learn: How to manage your money better

Examples of previous episodes:

  • Make Mistakes and Still Find Financial Independence
  • You CAN Stick to the Plan (with Nicole Lapin)

Stacking Benjamins has been around since 2012 and their mission is to make finance more fun and approachable. Their award-winning podcast offers episodes in a magazine-style format, which means each episode is an hour long, with four different topics that are 10 to 15 minutes in length.

They usually have guests and experts on the show.

3. The Dave Ramsey Show

  • Show length: ~ 45 minutes
  • What you’ll learn: Tangible steps to help you get out of debt, life money lessons

Examples of previous episodes:

  • Break Free from Money Stress in Your Marriage
  • Practical Help If You’re Drowning in School Loans

Dave Ramsey is a personal finance guru and author who helped many people get out of debt by using the debt snowball method. Using this strategy to pay off debt means you’re paying the smallest debt to largest debt (in that order).

Dave shares his tips and tricks to help you manage your money better and get out of debt, through his podcasts.

If you’re not familiar with Ramsey, he has a big personality and doesn’t sugar coat his messages. Sometimes, that’s exactly what you need to get motivated and get it done!

4. The Side Hustle Show

  • Show length: ~ 45 minutes
  • What you’ll learn: How to make side income, start your own business

Examples of previous episodes:

  • Choose Financial Independence: 10 Months to ‘FU Money,’ With Jonathan Mendosa
  • How to Start a $1,000/Month Freelance Writing Business in 60 Minutes a Day, with James Johnson

Who doesn’t want to make extra money?

I first started listening to The Side Hustle Show when I was thinking about starting an Amazon business on the side. What were other people doing to start their own side businesses? Also, I wanted to learn more about people who made the leap from full-time employee to small business owner.

Nick Loper, the host of the show, usually features guests who have a compelling side hustle story. Most guests are authors, entrepreneurs, and small business owners.

It was helpful to listen to what other people did to earn money — what was their pivotal or aha moment? How did they build their side business to eventually become their main business?

Loper asks solid questions and frames them in a way that offers the listener tangible takeaways.

I also appreciate the show notes that highlight what was discussed after each episode.

5. How I Built This

  • Show length:~ 30 minutes
  • What you’ll learn: Successful stories from iconic people behind some of the most well-known brands

Examples of previous episodes:

  • Lyft: John Zimmer
  • Lululemon Athletica: Chip Wilson

This is another NPR show about the entrepreneurs who successfully made millions, and sometimes, billions.

The show interviews iconic business leaders like Sarah Blakely, the woman who created the Spanx empire.

My favorite episode was about the rise of Compaq Computers and the story of its founders. Their story was actually turned into a documentary called “Silicon Cowboys.”

6. Money Peach Podcast

  • Show length: ~ 45 minutes
  • What you’ll learn: Stories from successful business owners and entrepreneurs

Examples of previous episodes:

  • The New Way to 401(k) – With Chris Costello
  • How He Became Dirt Rich – With Mark Podolsky

Chris Peach is a personal finance blogger (and full-time firefighter!) who talks to various guests who have started their own businesses, side gigs, or just knows a thing or two about money.

His show speaks to people who want to earn more money and create a budget that suits their lifestyle so they can achieve financial freedom.

7. Freakonomics

Show length: ~ 30 minutes

What you’ll learn: Two really smart guys who explore the hidden side of myths and just about anything else.

Examples of previous episodes:

  • The Most Vilified Industry in America Is Also the Most Charitable (A closer look at the pharmaceutical industry)
  • Does Doing Good Give You License to Be Bad?

If you haven’t heard of Freakonomics, you’re in for a treat! The two hosts, Steven D. Levitt and Stephen J. Dubner, co-authored several New York Times bestsellers together, including, “Freakonomics: A Rogue Economist Explores the Hidden Side of Everything.”

Dubner is a journalist and Levitt is a professor of economy. The two met when Levitt wrote about Dubner for a piece in New York Magazine.

Just like their books, the Freakonomics podcast dives into the hidden side of odd life stories and events, with an economic twist to it.

Their podcast explores “the inner workings of a crack gang. The truth about real-estate agents. The myths of campaign finance. The telltale marks of a cheating schoolteacher. The secrets of the Ku Klux Klan.”

8. Smart Passive Income Podcast

  • Show length: ~ 1 hour
  • What you’ll learn: How to earn extra money on the side through other people’s stories and interviews

Examples of previous episodes:

  • How to Be an Amazing Coach With Michael Bungay Stanier
  • How the “Rideshare Guy” Created a Business Helping Uber and Lyft Drivers

San Diego-based blogger, author, and podcast host Pat Flynn is really awesome. He strikes me as a genuinely nice guy.

In addition to The Side Hustle Show, I listened to Smart Passive Income regularly when I was starting my own business. Smart Passive Income really helped me understand the entrepreneurial mindset and set proper expectations.

Flynn focuses on helping people earn passive income in the digital space. Many of his episodes feature guests who are knowledgeable in affiliate marketing, podcasting, and email marketing.

I also read his book, “Will It Fly?” which helps people who want to start a side business.

9. The Tim Ferriss Show

  • Show length: ~ 1 hour
  • What you’ll learn: Tips and tricks from world-class experts from various lifestyle and business industries

Examples of previous episodes:

  • Brandon Stanton – The Story of Humans in New York and 25M+ Fans
  • How to Succeed in High-Stress Situations

The best-selling author of “The 4-Hour Workweek,” Tim Ferriss, also has a podcast. His show doesn’t focus solely on money. Ferriss explains how to hack your life, which means he offers tips and advice on how to live your best life ever.

Since money is unavoidable in life, the conversation sometimes revolves around how to invest wisely and how to be productive with your finances. Topics also deal with favorite books, routines, exercise, and productivity hacks.

He talks to experts who are knowledgeable in investing, sports, business, to name a few. The experts offer the tactics, tools, and routines they used to get where they are today.

10. Afford Anything Podcast

  • Show length: ~ 1 hour
  • What you’ll learn: How to better understand your finances and better manage your money. Many of the episodes focus on real estate.

Examples of previous episodes:

  • How I Save Half of My Income as a Firefighter, While Living in an Expensive City — With Kim E.
  • How I Bought 20 Houses, Debt-Free, While Serving Overseas in the Military — With Rich Carey

Personal finance blogger Paula Pant inched toward financial freedom in 2012. I read her blog and subscribed to her newsletter to find out how she was able to ditch the 9-5 and increase her net worth (and passive income) through buying and flipping homes.

Pant definitely practices what she preaches. She is candid about her frugal ways and how she scrimped and saved and sacrificed to buy her first home. Pant was able to buy and flip several homes and listed them on Airbnb.

Since then, Pant teamed up with financial rockstar J.Money and started a podcast, which focuses on how to achieve financial freedom.

Like many of the other podcasts on this list, they focus on the entrepreneurial side of people who have started their own businesses.

11. Well Kept Wallet Podcast

Show length: ~ 30 minutes

What you’ll learn: Stories people who earn a side gig, saved, invested, or paid off debt

Examples of previous episodes:

  • How to Sell a Website for $3M With Jim Wang
  • How to Make Money Creating Software With Spencer Haws

In case you didn’t know, Well Kept Wallet has a podcast!

Just like the website, Well Kept Wallet’s podcast features similar content that dives into personal stories of real people who have achieved financial success.

Well Kept Wallet’s founder Deacon Hayes interviews guests who have a compelling financial story to share, whether it’s learning how to increase your side income or investing wisely.

Why I Love Podcasts

So I’m biased — I’m a huge podcast and audiobook fan. In addition to personal finance, I’ve listened to podcasts about world history, marketing, and compelling stories about real people.

From learning about the inner workings of a tech startup company (StartUp Podcast) to becoming more mindful (Oprah’s SuperSoul Conversations), the topics you can listen to really are endless.

For some, podcasts are a form of entertainment but the way I see it, if you can learn something by turning on a podcast, why wouldn’t you?

What is a Podcast?

OK, let’s back up. If you’re not even sure what a podcast is, it’s basically a pre-recorded radio show. They can be streamed or downloaded on your smartphone or tablet. Most shows have their own website where you can listen to the podcast directly on your computer.

Podcasts are digital “channels” that many brands use to supplement their existing content, whether it’s a blog or TV show. Celebrities, experts, coaches, and comedians are good examples of people who tend to have podcasts.

Podcast Formats and Topics

The format is around a particular topic, such as sports, news, or latest entertainment.

Podcasts are often recorded in an interview format, with the host inviting a special guest on the show. Or maybe it’s a show with two or three podcast hosts who have a conversation with each other about a certain topic.

Think of it as your modern day TV show (without the visual element), shrunken down to an audio version so you can listen to anytime you want.

Anyone Can Have a Podcast

These days, just about anyone can have a podcast and the format can be just about anything.

I once met a guy who said he had a podcast. The podcast was simply him and a few other people from other parts of the world playing a video game together. They only played ‘80s video game Dungeons and Dragons. I’m not kidding.

The Best Podcasts Have…

I’ve listened to and subscribed to so many podcasts. Thanks to the many hours I’ve devoted to podcasts, I’ve learned a thing or two about what I like and don’t like.

I prefer to listen to podcasts where there is a guest, as opposed to one person talking. Sometimes when it’s just one person, it can become a rambling monologue of nonsense.

Also, because anyone can have a podcast (remember Dungeons and Dragons?), the sound quality may not be the best. For more popular, high-production podcasts, you may hear one too many commercials.

So, I’ve learned that the best podcasts adopt these elements into their shows.

A Consumable Length of Time

I prefer shows that hit the 20- to 30-minute mark. It’s a realistic time frame to start and finish the podcast in one sitting, and because it’s only a half hour, you feel like you’ve accomplished something.

If the show is good, I can tolerate an hour or so, but any longer than that and I start to lose focus and interest.

On the flip side, I’ve also listened to podcasts that were 5 to 10 minutes in length. For me, it’s just too short to really gain anything of substance. I’m not knocking it, though — it could be the perfect length for you and I’m sure many find it to be useful. It’s all a matter of trying it to see if it fits your listening style and needs.

Consistency

If the show has one new podcast a week, I have a regular cadence of shows to listen to every week. I appreciate Shows that have a schedule for episodes makes it easier for you to become a regular listener.

My once-favorite podcast “This American Life” has lots of reruns. High-production shows sometimes operate like TV shows. They have months where they record new episodes, and then rest or “go dark” to prepare for the following season.

I get it, but it was kind of a bummer to see that only reruns were being offered.

Not Too Many Ads

I actually don’t mind commercials in podcasts. I admit I bought a few things after listening to podcast hosts who wholeheartedly recommended certain products and services.

However, for some of the longer podcasts, too many commercials can be overkill (once every 15 minutes). Having a commercial or two in the beginning or end is fine, but too many is kind of a turn-off.

It’s not a tragedy since you can always hit the fast-forward button.

Awesome Sound Quality

Because just about anyone can have their own podcast, the equipment they’re using may not be the best.

The easiest way to gauge production value is by the sound quality. Does it sound like they have professional equipment or does it sound like they’re recording in their bathroom?

Many times, podcasts feature virtual guests who are Skyped in or somehow patched into the show through a computer.

There’s just something about a “computer-sounding” voice or robot voice that makes a podcast difficult to listen to.

An Easy-to-Follow Conversation Between Hosts and Guests

One of the reasons why I listen to higher-production shows is for the host. This person is usually experienced and asks the right questions. More importantly, though, the host knows how to respond to the guest and make sure the show has a good flow.

Seasoned hosts are conscious about positioning the conversation towards the listener — a telltale sign that the host is controlling the conversation.

How to Find the Best Podcasts

I use an iPhone, which means I go to the App Store to find podcasts. I usually sift through the most popular and highest-rated podcasts. Just like the next person, I mostly trust what other reviewers have to say. I don’t read every single review, and sometimes I’ll give low-rated shows a chance too. A few negative reviews don’t prevent me from giving it a try.

However, filtering by the most popular or highest-rated are usually the easiest ways to find quality podcasts. Seriously, you can’t go wrong with thousands of great reviews!

If you use an Android, you can go to the Google Play store and filter podcasts in the same way.

For both iOS and Android, you may want to find a podcast player that houses your podcasts so you can easily subscribe, find your episodes, and download them.

iOS comes with Podcast Player, which is simple to use and does the job quite well.

What Will You Listen to?

Hopefully, you feel more educated when it comes to the best financial podcasts and understanding podcasts in general.

Embrace this list and start learning more about money and how you can save and invest wisely!

What’s your favorite personal finance podcast?

Continue Reading
You may also like...

More in Money

To Top