There are many podcasts you can listen to, so no matter what your interest is in budgeting or money management tips, there are plenty of options. These podcasts can help you make better financial decisions, save money, or eliminate debt. These shows can inspire you to be financially independent. Below, you'll find our reviews of some of the best budgeting podcasts around.
The podcast, Afford Anything, is an excellent resource for anyone interested on finance. It covers budgeting and saving as well as economic trends as well as topics that are of interest to a wide audience. Tiffany Aliche (best-selling personal finance author) and Mandi Wruff (host), answer listeners' most difficult questions and offer insightful insights into all aspects of money. They offer tips on building wealth via real estate investing and mastering self-discipline. Interviews will also be posted with entrepreneurs and celebrities.
Her Dinero Matters hosts a podcast on financial topics for Latinas. In addition to interviews with successful entrepreneurs and experts, the show also addresses Latina-centric topics, such as the COVID-19 pandemic and a recent increase in marijuana use nationwide. The podcast is available both in Spanish and English. Each episode focuses on a different topic related to finances. The show also features a segment called Reinas, or reinas, who are Latinas who are also listeners.
Jesse Mecham created You Need a Budget to help you budget. He also founded the You Need A Budget App. The podcast is inspired by the blog that inspired it. This podcast offers budgeting strategies and tips as well as an online system for budgeting. Each episode of the podcast includes real-life scenarios, tips, and advice from listeners. You can also access a list of podcasts on the You Need a Budget site. Their website also contains information about the budgeting application.
Money Mistakes podcast features stories of people who have made costly mistakes when managing their money. Listeners are encouraged not to forget to keep a track of their spending. Anna Sale, the presenter gently solicits candid information from guests. It is a great way to learn from other's mistakes.
The Mo Money podcast is ideal for millennials looking to get their finances under control. Gaby Dunn hosts this podcast. Gaby is a New York Times best-selling author as well as a queer feminist. Before becoming a financial adviser, she was horrible with money. She now has $32,000 to her credit and helps others with their finances. Credit Canada sponsors the podcast, which is a great resource for learning about budgeting and money management. The podcast can also be downloaded free of charge.
Jean Chatzky, financial journalist for The Today Show, hosts Her Money. Her website features sections on investing, saving, and job sphere. You can also find articles on a variety of money-related topics, as well as an area dedicated to family. The podcast also has an episode titled "The Black Tax: The cost of being black in America," which discusses the unique financial challenges faced by minorities.
FAQ
How do I choose an investment company that is good?
It is important to find one that charges low fees, provides high-quality administration, and offers a diverse portfolio. Commonly, fees are charged depending on the security that you hold in your account. Some companies charge no fees for holding cash and others charge a flat fee per year regardless of the amount you deposit. Others charge a percentage on your total assets.
You should also find out what kind of performance history they have. A company with a poor track record may not be suitable for your needs. Avoid companies with low net assets value (NAV), or very volatile NAVs.
Finally, it is important to review their investment philosophy. A company that invests in high-return investments should be open to taking risks. They may not be able meet your expectations if they refuse to take risks.
What is a Stock Exchange and How Does It Work?
A stock exchange allows companies to sell shares of the company. This allows investors to purchase shares in the company. The market decides the share price. It is often determined by how much people are willing pay for the company.
Companies can also raise capital from investors through the stock exchange. Investors invest in companies to support their growth. Investors purchase shares in the company. Companies use their money for expansion and funding of their projects.
A stock exchange can have many different types of shares. Some shares are known as ordinary shares. These are the most common type of shares. Ordinary shares can be traded on the open markets. Stocks can be traded at prices that are determined according to supply and demand.
Preferred shares and debt securities are other types of shares. Priority is given to preferred shares over other shares when dividends have been paid. Debt securities are bonds issued by the company which must be repaid.
What is a fund mutual?
Mutual funds are pools or money that is invested in securities. They provide diversification so that all types of investments are represented in the pool. This reduces risk.
Mutual funds are managed by professional managers who look after the fund's investment decisions. Some funds let investors manage their portfolios.
Because they are less complicated and more risky, mutual funds are preferred to individual stocks.
Statistics
- "If all of your money's in one stock, you could potentially lose 50% of it overnight," Moore says. (nerdwallet.com)
- The S&P 500 has grown about 10.5% per year since its establishment in the 1920s. (investopedia.com)
- US resident who opens a new IBKR Pro individual or joint account receives a 0.25% rate reduction on margin loans. (nerdwallet.com)
- Our focus on Main Street investors reflects the fact that American households own $38 trillion worth of equities, more than 59 percent of the U.S. equity market either directly or indirectly through mutual funds, retirement accounts, and other investments. (sec.gov)
External Links
How To
How to Open a Trading Account
It is important to open a brokerage accounts. There are many brokerage firms out there that offer different services. Some charge fees while others do not. Etrade, TD Ameritrade and Schwab are the most popular brokerages. Scottrade, Interactive Brokers, and Fidelity are also very popular.
Once you have opened your account, it is time to decide what type of account you want. You should choose one of these options:
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Individual Retirement accounts (IRAs)
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Roth Individual Retirement Accounts (RIRAs)
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401(k)s
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403(b)s
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SIMPLE IRAs
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SEP IRAs
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SIMPLE 401 (k)s
Each option comes with its own set of benefits. IRA accounts have tax benefits but require more paperwork. Roth IRAs permit investors to deduct contributions out of their taxable income. However these funds cannot be used for withdrawals. SIMPLE IRAs can be funded with employer matching funds. SEP IRAs work in the same way as SIMPLE IRAs. SIMPLE IRAs have a simple setup and are easy to maintain. They enable employees to contribute before taxes and allow employers to match their contributions.
Finally, you need to determine how much money you want to invest. This is your initial deposit. Most brokers will give you a range of deposits based on your desired return. Depending on the rate of return you desire, you might be offered $5,000 to $10,000. The lower end of this range represents a conservative approach, and the upper end represents a risky approach.
You must decide what type of account to open. Next, you must decide how much money you wish to invest. Each broker sets minimum amounts you can invest. These minimums vary between brokers, so check with each one to determine their minimums.
After deciding the type of account and the amount of money you want to invest, you must select a broker. Before choosing a broker, you should consider these factors:
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Fees-Ensure that fees are transparent and reasonable. Many brokers will offer rebates or free trades as a way to hide their fees. However, some brokers actually increase their fees after you make your first trade. Be cautious of brokers who try to scam you into paying additional fees.
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Customer service: Look out for customer service representatives with knowledge about the product and who can answer questions quickly.
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Security – Choose a broker offering security features like multisignature technology and 2-factor authentication.
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Mobile apps - Check if the broker offers mobile apps that let you access your portfolio anywhere via your smartphone.
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Social media presence – Find out if your broker is active on social media. If they don’t, it may be time to move.
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Technology – Does the broker use cutting edge technology? Is the trading platform intuitive? Are there any glitches when using the system?
Once you have selected a broker to work with, you need an account. Some brokers offer free trials. Other brokers charge a small fee for you to get started. After signing up, you will need to confirm email address, phone number and password. You will then be asked to enter personal information, such as your name and date of birth. The last step is to provide proof of identification in order to confirm your identity.
Once you're verified, you'll begin receiving emails from your new brokerage firm. You should carefully read the emails as they contain important information regarding your account. These emails will inform you about the assets that you can sell and which types of transactions you have available. You also learn the fees involved. Also, keep track of any special promotions that your broker sends out. These promotions could include contests, free trades, and referral bonuses.
Next, you will need to open an account online. Opening an account online is normally done via a third-party website, such as TradeStation. Both of these websites are great for beginners. You'll need to fill out your name, address, phone number and email address when opening an account. Once you have submitted all the information, you will be issued an activation key. This code will allow you to log in to your account and complete the process.
Now that you have an account, you can begin investing.