8 Awesome Podcasts for Getting Out of Debt
If you’re struggling to get out of debt, believe it or not, you’re in the majority. In fact, about 63% of millennials have more than $10,000 in debt from college student loans alone (Source). Most though, owe far more than 10k and that doesn’t include other debts that you may have incurred over the years.
Debt doesn’t have to be forever, though, and with a bit of planning and a lot of commitment, it’s more than possible to dig yourself out of debt, no matter how overwhelming it may seem. Podcasts are a great resource that you can listen to on your commute to work, while you hit the gym, or on a long road trip. The follow list of podcasts are hosted by financial experts and are designed to help real people get out of real debt. It may not be easy, but, as these podcasts will tell you, a debt-free lifestyle is always worth it.
The Dave Ramsey Show, hosted by the financial guru himself, is aimed at giving practical money advice to people of all ages. He has actionable tips for getting out of debt and stories from real people who have done it.
2) Man Vs. Debt
Although at first glance this podcast might not look like much, after a few minutes of listening to Adam Baker share his point-blank “sell your crap, pay off your debt, do what you love” message, you’ll be hooked. Their website and podcast are both loaded with information that you don’t want to miss if you’re hoping to get out of debt quickly.
3) Wall Street Journal’s Your Money Matters
It may not be as quirky or light-hearted as the others, but you can rest assured that any publication put out by WSJ is full of evidence-based advice and tips that will actually help.
Hosted by Joshua Sheats, a financial advisor with years of experience and enough credentials to make you trust anything he says, this podcast is one of the most highly rated financial podcasts out there, and truly a must-listen to anyone wanting to clean up their budget.
Approachable yet helpful, this podcast is hosted by two friends who discuss a wide range of topics to help you “go beyond common sense” with your money.
With each episode lasting about 12 minutes, these podcasts are meant to give you tips you can apply to your life right now.
7) So Money With Farnoosh Torabi
A well-deserved string of awards follows this financial podcast, and for good reason. “So Money” is hosted by Farnoosh Torabi, an award winning financial correspondent and author, and is meant to help people find “profound ways to live a richer, fuller life.”
Although they rely on humor most of the time, this podcast is actually “dead serious” on increasing literacy among young people on issues of finance and debt. Their goal is to make your money more interesting, approachable, and fun.