There are many podcasts about budgeting. There are many topics that can be covered and many ways to start. Here are some suggestions from NPR: Planet Money, You Need a Budget and Optimal Finance Daily.
NPR's Planet Money
Planet Money is a NPR podcast that has been running for over ten years. Its quirky humor has helped it to become one of the top podcasts. Podcasts discuss economic topics and the economy. Each episode explains the reasons why current events have impacted markets and economy generally.
Planet Money podcasts typically last around 20 minutes, and cover a range of financial topics. Podcasts are often focused on real-world scenarios. For example, one episode discusses land ownership in Barbuda, while another explores buybacks and the legitimacy of government bailouts. The Indicator's shorter episodes are approximately 10 minutes long and focus on economic issues today.
You Need a Budget
You Need a Budget podcast can be a great resource for anyone with bad money habits or struggling to manage their finances. Start by listening for 32 days and see if you like the podcast. If you find the program helpful, you can purchase the software or try it out for 32 days.
Many listeners to this podcast have variable incomes. This makes it difficult for them to set a budget. They don’t want to spend their entire income on one item and have to make tradeoffs. This means they will have months with high incomes and months with low incomes.
Optimal Finance Daily
This podcast is a mixture of audio blogging as well as personal finance content. It compiles articles from popular blogs on personal finance and distills them into an easy-to-understand 15-minute podcast. This is a great resource for anyone who needs practical advice about personal finance. It also offers a lot of information for those who are interested in marketing online and business. This podcast is a great addition to your commute.
Chris Browning, host of the podcast, speaks about personal finances and investing. He does this in short, digestible podcast episodes. His podcasts are short and simple, with the goal of helping people understand the importance to saving and investing. His recent topics included retirement planning, investing 101, saving for a stormy day, and investing 101. This podcast is one in five that Optimal Daily Living has produced. It is made up of articles taken from personal finance blogs.
The Tim Ferris Show
The Tim Ferris Show podcast is a great choice if you are looking for a podcast about budgeting. Its topics are varied and relevant, and it offers a wealth of practical advice. Tim Ferriss is the host of this podcast. He is also the best-selling author "The 4-Hour Workweek." Although the show doesn't only focus on money but also covers other important topics, such as productivity, fitness and health.
The podcast is packed with advice from celebrities and successful business people. Tony Robbins is one of the guest, as well as Jamie Foxx and Arnold Schwarzenegger. Although this podcast isn't a budgeting podcast it can help you improve financial situations. Meditation, creativity, building a company, and other topics are discussed.
Suze Orman's Women & Money
Suze Orman (American television host) is a personal finance advocate and woman's advocate. Her special role is with the National Domestic Violence Hotline, which helps women who have been victim to financial abuse to find their voice. She has been awarded numerous honors, including two honorary doctorsates and the Human Rights Campaign's National Equality Award.
In her book, she examines the dysfunctional and often unfavorable relationship women have with money. She focuses on equipping women with the financial knowledge and emotional awareness they need to make smart, informed decisions about their finances. She also offers actionable plans, the Save Yourself Plan. These plans are designed to help women build a financial future.
FAQ
How Do People Lose Money in the Stock Market?
Stock market is not a place to make money buying high and selling low. You can lose money buying high and selling low.
The stock exchange is a great place to invest if you are open to taking on risks. They will buy stocks at too low prices and then sell them when they feel they are too high.
They expect to make money from the market's fluctuations. But if they don't watch out, they could lose all their money.
Stock marketable security or not?
Stock is an investment vehicle that allows investors to purchase shares of company stock to make money. This is done through a brokerage that sells stocks and bonds.
You can also directly invest in individual stocks, or mutual funds. There are more mutual fund options than you might think.
The key difference between these methods is how you make money. Direct investment earns you income from dividends that are paid by the company. Stock trading trades stocks and bonds to make a profit.
In both cases, ownership is purchased in a corporation or company. If you buy a part of a business, you become a shareholder. You receive dividends depending on the company's earnings.
With stock trading, you can either short-sell (borrow) a share of stock and hope its price drops below your cost, or you can go long-term and hold onto the shares hoping the value increases.
There are three types of stock trades: call, put, and exchange-traded funds. Call and Put options give you the ability to buy or trade a particular stock at a given price and within a defined time. ETFs, also known as mutual funds or exchange-traded funds, track a range of stocks instead of individual securities.
Stock trading is very popular because investors can participate in the growth of a business without having to manage daily operations.
Stock trading is a complex business that requires planning and a lot of research. However, the rewards can be great if you do it right. To pursue this career, you will need to be familiar with the basics in finance, accounting, economics, and other financial concepts.
How can I find a great investment company?
A good investment manager will offer competitive fees, top-quality management and a diverse portfolio. The type of security in your account will determine the fees. Some companies charge no fees for holding cash and others charge a flat fee per year regardless of the amount you deposit. Some companies charge a percentage from your total assets.
Also, find out about their past performance records. Poor track records may mean that a company is not suitable for you. Avoid companies with low net assets value (NAV), or very volatile NAVs.
It is also important to examine their investment philosophy. An investment company should be willing to take risks in order to achieve higher returns. If they are unwilling to do so, then they may not be able to meet your expectations.
Statistics
- Individuals with very limited financial experience are either terrified by horror stories of average investors losing 50% of their portfolio value or are beguiled by "hot tips" that bear the promise of huge rewards but seldom pay off. (investopedia.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)
- For instance, an individual or entity that owns 100,000 shares of a company with one million outstanding shares would have a 10% ownership stake. (investopedia.com)
External Links
How To
How to make a trading plan
A trading plan helps you manage your money effectively. It helps you identify your financial goals and how much you have.
Before you begin a trading account, you need to think about your goals. You may want to save money or earn interest. Or, you might just wish to spend less. If you're saving money, you might decide to invest in shares or bonds. If you earn interest, you can put it in a savings account or get a house. You might also want to save money by going on vacation or buying yourself something nice.
Once you have an idea of your goals for your money, you can calculate how much money you will need to get there. This depends on where you live and whether you have any debts or loans. It is also important to calculate how much you earn each week (or month). Income is what you get after taxes.
Next, you will need to have enough money saved to pay for your expenses. These expenses include bills, rent and food as well as travel costs. All these things add up to your total monthly expenditure.
The last thing you need to do is figure out your net disposable income at the end. This is your net available income.
You now have all the information you need to make the most of your money.
To get started, you can download one on the internet. You can also ask an expert in investing to help you build one.
For example, here's a simple spreadsheet you can open in Microsoft Excel.
This will show all of your income and expenses so far. Notice that it includes your current bank balance and investment portfolio.
Another example. This was designed by a financial professional.
It will allow you to calculate the risk that you are able to afford.
Remember, you can't predict the future. Instead, be focused on today's money management.