Ready to get real about money?
Whether you’re 25 or 55, it’s never too late to take back control of your finances. Books, blogs and even Youtube videos are a great way to learn about personal finance, investing and more. Problem with these resources is that they require your full attention. Now let’s be honest, you probably aren’t going to read this whole article, but what if we were to read it to you whilst you work, exercise or drive? That’s like killing 2 birds with one stone! Well, That’s the beauty of podcasts, and part of the reason why they’ve absolutely soared in popularity in the past 5-10 years.
Finding a good money-focused podcast can be tough, especially because there are so many options out there. While many podcasts tend to be educational some are, unfortunately, dry. So we’ve found 5 money-focused podcasts that every millennial should check out!
Millennials and money: What’s the go?
People born between 1981 and 1996, otherwise referred to as ‘millennials,’ have had a bit of a bad wrap when it comes to money. You’ve probably read the headlines. They’re labelled as lazy, materialistic, spoilt, entitled and much more. But does this paint the real picture? Research shows that the Australian dream of owning a home and having a successful career is not lost on millennials. But unfortunately, some people find it hard to find the time and the resources to learn how they can make this a reality.
In a lot of homes, finance is not an openly discussed topic, even to this day! In school, we might’ve had a glimpse of the basics of finance, but it certainly wasn’t much. And if you didn’t study a business or finance degree in tertiary education, then where are you supposed to gain the knowledge to make informed financial decisions? Well, it’s now up to you to self-learn. But don’t worry! Helpful resources like podcasts can help you get there.
Oiyo’s top 5 money-focused podcasts
When it comes to your money, knowledge is power. Below we’ve listed our top 5 money-focused podcasts. All of them are helpful in their own right and focus on different topics relating to personal finance. So whether you want to get on top of your debt, become an expert on the stock market, or just want to get more informed, these podcasts are a great starting point!
The Dave Ramsey Show
Focus: Paying off debt and becoming more financially secure
You may have heard of American radio personality and finance expert, Dave Ramsey. He’s mostly known for his approach to personal finance which he refers to as ‘baby steps.’
Ramsey’s approach revolves around steps you can take to achieve better financial security and wellness. One of Dave’s more commonly known practices is the snowball method, an approach to paying off debt quickly. This method can be applied to credit cards, personal loans, student loans, or any other debt you may be struggling with.
The beauty of this podcast is it’s no-BS, to-the-point nature. You’re going to get the advice you need, especially if you’re trying to get out of debt. Ramsey will help give you the motivation to create a plan and pay down your debt. Additionally, Ramsey shares his stories with his listeners’ to give you that extra bit of inspiration and motivation.
She’s on the Money Podcast
Focus: Empowering woman to make smart financial decisions
She’s on the Money Podcast, hosted by award-winning financial advisor, Victoria Devine, is a fun and relatable listen designed to help young women reach their financial goals. This is great for any beginner starting their journey to achieve a better financial future.
Victoria and her guests delve deep into the world of modern finance, including HECS debt, Afterpay and savvy savings, whilst also sharing personal finance stories and mistakes. She’s on the Money can also be found on Instagram, where Victoria likes to share memes and quick tips as well as interacting with her fans.
My Millennial Money
Focus: Managing money from a millennial perspective
Aussie financial advisor Glen James and property expert John Pidgeon consider themselves the ‘Hamish and Andy for your finances’. These two larrikins take you on a lighted-hearted journey discussing all things finance including how to win at tax time, budgeting like a pro, entrepreneurship and much more.
The format of the podcast is like an open-table conversation at the pub. There’s a lot of laughs and banter but they also get down to business and discuss some of the nitty-gritty topics of personal finance. With regular expert guests, they’re committed to teaching young people how to take back control of their money whilst also keeping it fun for the listener.
Smart Passive Income
Focus: For increasing future earnings through passive income
Ah, the ever-illusive passive income. Real? Fiction? Feasible? We’ll let you decide for yourself after listening to how blogger and influencer Pat Flynn made his first $3 million.
Flynn is an experienced entrepreneur who understands the concept of income, inside and out. This podcast gives listeners an inside view into how Flynn takes moments of panic and moulds them into purpose and profit. We’re not just making that up – he literally wrote a book about it. This podcast will help increase your productivity, develop a selling strategy, and achieve your online money-focused goals.
Focus: For beginners getting into investing in the stock market
Hosted by mates Bryce and Alec, Equity Mates focuses on a variety of topics including the ASX, taxation, investing, etc.
This podcast can help beginners take their first step into investing – something we know can be particularly daunting. Where do you even start?
Equity Mates can help you tackle the challenges of investing and answer some general finance questions. The best part is that it’s easy to follow and understand.
Bryce and Alec focus their work on providing education on how to go about investing. If it’s a goal of yours but you’re not sure where to start, make Equity Mates your go-to resource to begin with!
Tell us your favourites
What are some of your favourite podcasts – money-related and otherwise? Write to us – we might just need your honest reviews for our next podcast round up. Email firstname.lastname@example.org
More about Oiyo
So, you want to begin your journey to secure a better financial future? Congratulations! A lot of people don’t even make it this far. If you’re looking for a reliable online resource to fall back on, Oiyo has you covered. We are dedicated to empowering people to make smart financial decisions. Scroll to the top of this page to find more interesting reads and helpful guides.
Find out how the big 4 banks have failed consumers during COVID-19.