Whenever I’m doing a task that doesn’t require my full focused attention — think of doing laundry, gaming, making dinner or driving alone — I’ll usually be listening to a podcast. I use my phone to listen to podcasts on all kinds of topics, mostly history, self-improvement, real estate investing, finance and economic issues and of course PASSIVE INCOME. Here are six podcasts I really enjoy that are financial in nature.
This is the podcast that started started it all for me, it got me hooked to filling my time with more than just music in the background all the time. The focus of the “BiggerPockets Podcast” is real estate investing – everything from single family homes, to building a mobile home empire from out of state. The hosts Brandon Turner and David Greene interview real estate investors with all kinds of backgrounds and different levels of experience, talking to them about their “failures, successes, motivations, and lessons learned.”
There are some interviews with guests who aren’t involved directly in real estate but have expertise that can be useful for building a real estate business. Turner and Greene talk to a best-selling author with two books on what sets successful people in any business apart from the crowd, a podcaster who specializes in networking, and a group of investors who achieved financial independence by building passive income.
BiggerPockets also has a Money and Business podcast. I personally have listened to every episode of BiggerPockets Money Podcast, Scott Trench and Mindy Jensen do a great job interviewing everyday people who overcome sometimes crazy situations other times I think “wow that is exactly where I am right now!” and they really dig into the mindset and how-to’s of how that individual got it done and fixed their financial house.
Dave Ramsey’s personal finance radio show is hugely popular for a reason. He tackles real-life financial issues with a strong and straightforward coaching voice, with a no-nonsense perspective.
In my opinion, his show really clicks when he interacts with guests, who call in with really relatable ideas and desires. This is a call-in show, so it covers a wide array of money-related issues, including investing, homebuying, retirement, insurance, and how money is affecting marriage. However, there’s a consistent focus on getting out of debt and building a solid financial foundation. You will often hear him saying “Debt is dumb, cash is king” as part of his slogan.
Ramsey is a proud Christian, and has many Christian sponsors. There are times he brings up a callers church or their character in relation to faith and this may be off-putting for some, especially for someone not expecting it.
Investors Jonathan Mendonsa and Brad Barrett bill their “ChooseFI” podcast as “a finance podcast by the FIRE community and for the FIRE community.”
Episodes are around an hour long and come out twice a week, on Monday and Friday. Typically, the Monday episode is an interview with another member of the FIRE community, such as a blogger, author, or friend. The guests talk about their lives and their journey to FIRE, also their thoughts and strategies on all types of financial issues, such as cutting expenses, investing, and building passive income.
The Friday episode is generally a roundup in which Mendonsa and Barrett discuss their takeaways from Monday’s interview, answer listener questions, share stories from the community, and chat about whatever is going on in their lives and finances. Listening to these episodes is like overhearing a conversation between two friends who happen to talk a lot about money.
This podcast focuses directly on a topic near and dear to my heart: retiring early. From the beginning it’s been a part of my plan, even joining the military I knew that getting that military pension and additional benefits may not be enough. So I turned to real estate investing to make up the difference and my wife and I have the goal of retiring before our toddler grows up and goes off the college.
One of my favorite episodes was one of the earliest ones, in which the host and guest JL Collins discussed the issue of “walk away money”. That episode embodies something that has become a big part of my personal finance thinking in recent years, that having enough money that you could walk away from your career is not only a great stress reliever, but it also provides you with a ton of professional and personal opportunities that you would not have considered otherwise.
Part of what really appeals to me about the Mad FIentist is that it tackles a lot of typical personal finance issues from that somewhat different perspective of wanting to retire early, meaning that it is inherently assumed that listeners are very willing to have a high savings rate and want to get out of needing to work for money as early as possible in life. Because of that central perspective, the show can look at a lot of issues from a fresh angle.
Paula Pant is a real estate investor, blogger, and author of the e-book “Escape,” which is about ways to break free from the 9-to-5 routine. Her podcast, takes comes from her slogan, “You can afford anything, but not everything.” The show centers around her philosophy that living the good life is all about figuring out what matters most to you and then devoting your limited resources, your time, money, and energy, to that.
Episodes of “Afford Anything” usually run between 60 to 80 minutes. In about half the episodes, Pant interviews experts in fields such as investing, psychology, and behavioral economics.
In other episodes, Pant answers questions from listeners on all things money-related. For instance, she advises them on how to invest in real estate, earn extra income, catch up on retirement savings, and talk to skeptical friends about FIRE. These episodes are mostly just Pant talking solo, with recordings of listener questions added. Pant’s bubbly personality makes listening to her never grow tiresome.
Pat Flynn has already developed online businesses that earn him millions every year without needing his full-time attention, be backs this claim by regularly posting his monthly income on his website. His podcast, “Smart Passive Income,” aims to help you do the same. It has a following of over 150,000 listeners who either have, or want to have, an online business or side hustle.
Flynn consistently stresses that earning passive income isn’t the same as getting rich with no work. You have to put in a lot of effort upfront to create a business that can keep generating money month after month. But he also emphasizes the advantages of having an online business that isn’t a full-time job, freeing you to spend more time on the things that matter most. He starts off each episode of his podcast with the slogan “It’s all about working hard now so you can sit back and reap the benefits later.” This guy really hit’s close to home, it’s why I invest, why I buy real estate, why I build passive income, to be able to spend more time with my family and not be tied to a normal job when I get out of the military.
Episodes of “Smart Passive Income” range from 30 minutes to an hour in length. Most of them feature interviews with other successful online business owners, such as Tim Ferriss, Ramit Sethi, and Chalene Johnson. Flynn talks to them about how their businesses got started, what their sources of income are, and any particular areas of expertise they can share with listeners.
These are my most recommended podcasts on personal finance and investing, but this is only six out of hundreds of shows on the subject. There are podcasts devoted to earning, spending, saving, investing, and understanding your relationship with money. Try them out and you will none of these really connect with you, don’t give up on them there are way too many out there for a few to not be tailored for YOU! There is a boat load a great information to learn and get you thinking from podcasts.
So if the particular financial topic that interests you wasn’t included in this list, that doesn’t mean it isn’t out there. No matter what you want to learn about money, with a little digging, you should be able to find a podcast that covers it.
Did the money podcast you listen to not make the list? Tell us about it in the comments.