In today’s digital age, financial podcasts have become an incredibly popular way for young people to learn about money management, investing, and financial independence. These podcasts offer valuable insights, practical tips, and inspiring stories that can help you take control of your financial future. Whether you’re just starting out with basic money concepts or looking to deepen your financial knowledge, there’s a podcast out there for you. This guide will highlight the top financial podcasts for young people, explaining why each one is worth a listen and what you can learn from them.
Why Listen to Financial Podcasts?
Financial podcasts are a convenient and accessible way to learn about personal finance. You can listen to them while commuting, working out, or even relaxing at home. For young people, who might not have the time or resources to take formal financial courses, podcasts provide a flexible way to gain knowledge. They cover a wide range of topics, from budgeting and saving to investing and entrepreneurship, making it easier to find content that matches your interests and financial goals.
- Learn at Your Own Pace: Podcasts allow you to learn at your own speed, whether you’re a beginner or more advanced in your financial journey.
- Diverse Perspectives: Many financial podcasts feature interviews with experts, entrepreneurs, and everyday people who share their experiences and advice.
- Inspiration and Motivation: Hearing success stories and practical advice can motivate you to take action and stay focused on your financial goals.
Top 10 Financial Podcasts
Below, we have listed the 10 that we consider to be the best for young people:
1. The Dave Ramsey Show
The Dave Ramsey Show is one of the most popular financial podcasts for people of all ages, including young listeners. Dave Ramsey is known for his straightforward advice on getting out of debt, budgeting, and building wealth. His podcast covers topics like the importance of living debt-free, saving for emergencies, and investing for the future. For young people, Ramsey’s “Baby Steps” provide a clear roadmap for financial success.
- Key Takeaways: Learn the basics of budgeting, paying off debt, and the importance of financial discipline.
- Best For: Beginners looking to get their finances in order and start building a solid financial foundation.
2. Planet Money
Planet Money by NPR is a must-listen for young people interested in understanding the broader economic forces that shape our world. This podcast breaks down complex financial and economic topics into engaging, easy-to-understand episodes. From exploring how money works to discussing the latest economic trends, Planet Money is both educational and entertaining.
- Key Takeaways: Gain a deeper understanding of economics, how financial systems work, and the impact of global events on your personal finances.
- Best For: Young people who want to expand their financial knowledge and understand the bigger picture.
3. The College Investor
The College Investor podcast is specifically designed for young people, particularly college students and recent graduates. This podcast focuses on student loans, investing, and building wealth from a young age. It offers practical advice on how to manage student debt, start investing, and take advantage of financial opportunities early in life.
- Key Takeaways: Learn strategies for paying off student loans, investing in the stock market, and building wealth in your 20s.
- Best For: College students, recent graduates, and young professionals looking to build a strong financial future.
4. How to Money
How to Money is hosted by two friends, Joel and Matt, who share their experiences and tips on managing money in a relatable and fun way. This podcast covers a wide range of financial topics, from saving and investing to lifestyle choices that affect your finances. The hosts focus on practical, everyday advice that young people can apply to their lives immediately.
- Key Takeaways: Discover actionable tips on budgeting, saving, investing, and living a financially healthy life.
- Best For: Young people who want practical advice on how to manage their money better.
5. The Financial Independence Podcast
The Financial Independence Podcast, hosted by Brad Barrett and Jonathan Mendonsa of ChooseFI, explores the journey to financial independence. This podcast is ideal for young people who want to learn how to achieve financial freedom at an early age. The hosts interview people who have reached financial independence and share strategies on saving, investing, and creating passive income streams.
- Key Takeaways: Learn how to reach financial independence, retire early, and live life on your terms.
- Best For: Young people interested in achieving financial freedom and exploring alternative lifestyles.
6. Afford Anything
Hosted by Paula Pant, Afford Anything is a podcast that challenges the conventional wisdom about money and lifestyle. Paula explores how to make smarter financial decisions so that you can afford anything that matters most to you. The podcast covers a wide range of topics, including real estate investing, side hustles, and financial independence.
- Key Takeaways: Understand how to prioritize your spending, invest wisely, and build a life that aligns with your values.
- Best For: Young people looking for inspiration to create a financially flexible and fulfilling life.
7. The Mad Fientist
The Mad Fientist podcast focuses on achieving financial independence through smart investing and tax optimization. The host, Brandon, shares his journey to early retirement and interviews others who have done the same. This podcast is great for young people who are serious about investing and want to learn advanced strategies for maximizing their savings.
- Key Takeaways: Learn about tax-efficient investing, early retirement strategies, and financial independence.
- Best For: Young people with an interest in investing and reaching financial independence.
8. Millennial Money
Hosted by Shannah Compton Game, Millennial Money is a podcast that addresses the unique financial challenges faced by millennials. The podcast covers everything from managing student loans to buying a home and investing for the future. Shannah’s approach is practical and tailored to the needs of younger listeners.
- Key Takeaways: Get advice on handling student debt, saving for big life events, and making smart financial decisions.
- Best For: Millennials and young adults navigating the financial challenges of early adulthood.
9. The Side Hustle School
The Side Hustle School podcast, hosted by Chris Guillebeau, is perfect for young people interested in entrepreneurship and side income. This daily podcast shares stories of people who have successfully started side hustles and provides tips on how you can do the same. Whether you’re looking to earn extra money or turn a passion into a business, this podcast is full of inspiration.
- Key Takeaways: Learn how to start a side hustle, grow it into a significant income stream, and balance it with your day job.
- Best For: Young people interested in entrepreneurship and creating additional income streams.
10. BiggerPockets Money Podcast
The BiggerPockets Money Podcast is a great resource for young people interested in real estate investing and building wealth through property. Hosts Mindy Jensen and Scott Trench interview real estate investors and financial experts to provide actionable advice on building wealth. The podcast covers topics like buying your first property, managing rental properties, and scaling your real estate investments.
- Key Takeaways: Learn the ins and outs of real estate investing, from buying your first property to building a real estate portfolio.
- Best For: Young people interested in real estate investing and wealth-building strategies.
Conclusion
Listening to financial podcasts is a powerful way for young people to learn about money management, investing, and financial independence. The top podcasts listed above offer a wealth of knowledge, practical tips, and inspiration to help you take control of your financial future. Whether you’re just starting out or looking to deepen your financial knowledge, there’s a podcast that can help you achieve your goals. Remember, the key to financial success is continuous learning, so make listening to these podcasts a regular part of your routine.
Frequently Asked Questions
1. What are the best financial podcasts for beginners?
Some of the best financial podcasts for beginners include The Dave Ramsey Show, How to Money, and The College Investor. These podcasts offer practical advice and easy-to-understand financial concepts.
2. How can financial podcasts help young people?
Financial podcasts help young people by providing accessible financial education, practical tips, and inspiration to manage money, invest wisely, and achieve financial independence.
3. Are financial podcasts free to listen to?
Yes, most financial podcasts are free to listen to on platforms like Apple Podcasts, Spotify, and Google Podcasts. Some may offer premium content or ad-free experiences for a fee.
4. How often should I listen to financial podcasts?
You can listen to financial podcasts as often as you like. Regularly listening, even just a few times a week, can help you stay informed and motivated to reach your financial goals.
5. Can financial podcasts help with specific financial goals?
Yes, many financial podcasts focus on specific topics like debt repayment, investing, real estate, and financial independence. You can choose podcasts that align with your current financial goals for targeted advice.
Thank you for reading! We hope this guide helps you find the best financial podcasts to support your financial journey. Be sure to check out our other articles for more advice on managing your finances and achieving your goals.