Who doesn’t love a good podcast? They are an amazing resource for both information and entertainment and they are available on demand.
The other good thing about podcasts is their flexibility. One can stop for a while and pick up again or go back to the interesting parts and listen again to make notes or research the guests.
Here are five amazing podcasts for women about money.
Farnoosh Torabi’s “SoMoney” is at the top of the list. The Iranian-American host is warm and engaging and has the knack of getting the best guests in the finance industry.
For an entrepreneur, listening to Farnoosh and her guests is like getting a master class in entrepreneurship for free.
Life coach Tony Robbins was her first guest, talking about the steps to financial freedom. Fellow podcast host Jean Chatzky talked at length about mastering financial goals.
“Rich Dad Poor Dad’s” Robert Kiyosaki, brand guru Seth Godin and MoneyZen’s Manisha Thakor have all been on the show.
So have entrepreneur and angel investor Tim Feriss, DailyWorth’s Amanda Steinberg and many other big names.
Personal finance expert Jean Chatzky’s book “Money Rules: The Simple Path to Lifelong Security” appeared on last year’s list of “Best Finance Books for Women for 2019 and Beyond” and her podcast is called HerMoney.
Diverse topics, such as skillsets, sex, health, dating, divorce and death and how all these relate to money are discussed.
Actress, author and mathematician Danica McKellar, who played Winnie Cooper on the television series “The Wonder Years”, tackled how to help girls become more comfortable with math, since this translates into confidence about money later on.
Chatzky describes her money philosophy this way, “I come to the world of money believing that if I have been able to learn to manage my money successfully – and I have – then anyone who is willing to put a little effort into it should be able to accomplish this too.
That’s because I came to personal finance not as an economist or a financial planner but as a journalist who dug into the topic of money to get my own money in order as well as to earn a pay cheque.”
3. Girlboss Radio
Girlboss Radio host Sophia Amoruso is a must-listen for anyone who wants to make it as an entrepreneur. And it is not just for girls, boys can learn a lot too.
Creatives and artists, as well as CEOs and bigwigs in the finance world, are guests on the podcast, including Gwyneth Paltrow, who has a foot in the creative and business worlds with her GOOP lifestyle blog.
Amoruso has a no-nonsense style. “If you’re tempted to buy something, just imagine that those new shoes were actually made out of crisp twenty-dollar bills. Do those twenty-dollar bills look good getting dirty on the sidewalk? No, they do not. That’s because money looks better in the bank than on your feet.”
But she also says this, “It is natural at some point to realise that it’s worth it to spend a little extra (if you can afford it) to get something that is just right.
“This is true when it comes to buying clothes and it is true when hiring employees – sometimes it pays to spend a little more than you bargained for on real quality.
“Spend money because it is an investment in your own well-being, not because you are bored and have nothing else to do.”
4. Afford Anything
Paula Pant’s “Afford Anything” podcast discusses personal finance and dives deeply into real estate. The main goal is to help listeners achieve financial independence as they invest and build wealth.
Of particular interest are the frequent discussions on how to develop passive income and the kind of lifestyle that’s stress-free, away from the grind.
Pant’s advice is to the point. “Mind the gap. If I can distil personal finance advice into three words: Mind the gap. Focus on ramping up your income while keeping your expenses the same or less. That gap will naturally grow wider and wider.”
5. Mo’ Money
Last but not least is Canadian Jessica Moorhouse’s “Mo’ Money”. This one is good for millennials.
Her down-to-earth style is relatable. She calls herself a “huge money nerd” who became a personal finance expert and Accredited Financial Counsellor in Canada along the way. Moorhouse breaks financial topics down so they are easy to understand.
If one is interested in side hustles, budgeting, entrepreneurship, saving, debt repayment, and investing, catch “Mo’ Money”. It can be addicting and it has seen over 400,000 downloads.
Moorhouse’s advice on trying out a cash diet: “If you really need some help curbing your spending, a cash diet is a great strategy to try out. Do not be put off by the name, it doesn’t necessarily mean having to live off cash alone (though that is one way to do it).
To do it the old-school way, take out the exact amount of cash budgeted for variable spending (such as groceries, entertainment, alcohol, takeout and so on), divide that cash into categorised envelopes and only spend what you have until you run out.
“When you run out, hopefully it is the end of the month and you are about to replenish your envelopes. If not, stay home on the weekend and eat soup and beans from your pantry for dinner.”
This article first appeared in The New Savvy.
The New Savvy is Asia’s leading financial, investments and career platform for women. Our bold vision is to empower 100 million women to achieve financial happiness. We deliver high-quality content through conferences, e-learning platforms, personal finance apps and e-commerce stores.