Get your finances in order with the help of these popular podcasts
If you are one of the 20 per cent of Aussies who listen to podcasts every day (according to The Infinite Dial 2020 research), you'll already know how these audio gems can change a commute from boring to brilliant, or upskill you during downtime.
Podcasts offer insights, entertainment or knowledge that can be streamed or downloaded from platforms such as Apple Podcasts or Spotify to your smartphone, computer or laptop. While some enjoy the thrill of true crime conversations or laughs with a comedy show, switched on Australians are leaning into savvy self-help podcasts that are not only keeping them entertained, but also helping them get ahead financially.
We caught up with Kate Campbell, Founder and Editor of finance blog How to Money and co-host of The Australian Finance Podcast, to learn more about the influence of podcasts, the most common questions she receives from listeners, and her top financial tips for 2021.
Why are podcasts so popular?
Podcasts have gained a large following because they're run by people who are passionate about what they're talking about. As a lot of the content is broken up in into 30- to 60-minute chunks, it's easy to digest and a great way to learn something new. Podcasts can be accessed anywhere, at any time, so you can fit them into your daily routine such as during a walk or your daily commute.
What are the most common questions you get from listeners?
Currently, the most common questions relate to investing. Whether it's how to start investing, the best broker to use or whether shares or property offer the best returns, listeners are keen to learn more about how and where to invest their money.
Other listeners want to know the best sources to learn more about personal finance, what to read, what to watch and where to listen.
What are your top financial tips for 2021?
My top recommendations for 2021 would be to make sure you get the basics such as your budget, credit score and savings aligned before rushing into any big financial decisions or investments.
Once you have the basics organised, make a plan to pay off any consumer debts and keep on top of 'buy now, pay later' bills. Once you have that under your belt you can start to form your emergency fund, aiming for three to six months of essential living costs in a savings account.
Finally, don't forget there's plenty of free financial services or education courses you can access to help upskill yourself and learn more.
Top financial podcasts to educate and entertain you
Check out our recommended money-related podcasts that give you the inside edge on finance.
The Australian Finance Podcast
As a crash course to sorting your finances, The Australian Finance Podcast, hosted by Owen Raszkiewicz and Kate Campbell, offers listeners actionable steps they can put into practice. With thought-provoking guests, you can learn more about investing, savings money and everyday financial advice.
For more information, visit: rask.com.au/podcasts/australian-finance-podcast/
The Michael Yardney Podcast
As one of Australia's most trusted property commentators, Michael Yardney is a voice that aspiring investors should listen to. Whether you want to achieve success in property investing or get a handle on your personal finances, join Michael and his select panel of guests twice a week for investment strategies and financial secrets.
For more information, visit: propertyupdate.com.au/category/michael-yardney-property-investment-expert/michael-yardney-podcast/
The Smart Property Investment Show
Hosted by business podcaster Phillip Tarrant, The Smart Property Investment Show dissects the key issues and matters facing investors. Bringing together knowledge from a varied panel of property experts who share their uncut and authentic thoughts on the market, government regulation and the economy.
For more information, visit: smartpropertyinvestment.com.au/podcasts/the-smart-property-investment-show-podcast
The opinions expressed in this article are the opinions of the author(s) and not necessarily those of Resimac. The above is general commentary only and is not advice tailored to any individual's financial situation. We recommend seeking advice from a finance professional before implementing changes relating to your finances.