There are many podcasts available that will help you with money management or budgeting. These informative shows will help you make smart financial choices, save money, and eliminate debt. They can also help you get financially independent. Here are our reviews on some of the top budgeting podcasts.
The podcast Afford Anything is great for anyone with an interest in 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 is the host and Mandi, a best-selling author on personal finances, provides answers to listeners' most complex questions and well-researched insights about all things financial. They offer tips on building wealth via real estate investing and mastering self-discipline. You'll also find interviews with celebrity and entrepreneur guests.
Her Dinero Matters hosts a podcast on financial topics for Latinas. Along with interviews with successful entrepreneurs and professionals, the show also covers Latina-centric subjects such as the COVID-19 Pandemic and the recent increase in marijuana consumption nationwide. The podcast is available both in Spanish and English. Each episode focuses on a different topic related to finances. Also, the show features Reinas, Latinas who are also listeners.
Jesse Mecham, the founder of You Need A Budget, created You Need a Budget. The podcast is based on the blog that inspired the app. It provides budgeting strategies, tips, and a system to manage your budget online. Every podcast episode features real-life situations and tips from listeners. You can also find a variety of podcasts at the You Need a Budget webpage. The website contains more information about the budgeting app.
Money Mistakes, a podcast about budgeting, features stories from people that have made mistakes with money. To keep track of progress, listeners are asked to keep a journal. Anna Sale, the host, gently asks for raw facts. It's a good way to learn from others' mistakes.
Mo Money is the podcast for millennials that want to manage their money. Gaby Dunn hosts the show. She is a New York Times bestseller and a self-described queer feminist. Before becoming a financial consultant, she was terrible 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. You can also download it for free.
Jean Chatzky hosts Her money, a podcast about personal finances. She is also a financial journalist on the Today Show. 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. There is also an episode entitled "The Black Tax" that discusses financial issues faced by minorities.
FAQ
How Do People Lose Money in the Stock Market?
The stock market is not a place where you make money by buying low and selling high. It's a place you lose money by buying and selling high.
The stock market is for those who are willing to take chances. They would like to purchase stocks at low prices, and then sell them at higher prices.
They want to profit from the market's ups and downs. If they aren't careful, they might lose all of their money.
What is a mutual fund?
Mutual funds can be described as pools of money that invest in securities. Mutual funds provide diversification, so all types of investments can be represented in the pool. This reduces the risk.
Professional managers are responsible for managing mutual funds. They also make sure that the fund's investments are made correctly. Some funds also allow investors to manage their own portfolios.
Most people choose mutual funds over individual stocks because they are easier to understand and less risky.
What is a Stock Exchange exactly?
Stock exchanges are where companies can sell shares of their company. This allows investors the opportunity to invest in the company. The market decides the share price. It is often determined by how much people are willing pay for the company.
The stock exchange also helps companies raise money from investors. Investors give money to help companies grow. They do this by buying shares in the company. Companies use their money to fund their projects and expand their business.
There are many kinds of shares that can be traded on a stock exchange. Some shares are known as ordinary shares. These shares are the most widely traded. These are the most common type of shares. They can be purchased and sold on an open market. The prices of shares are determined by demand and supply.
Preferred shares and debt security are two other types of shares. When dividends are paid, preferred shares have priority over all other shares. The bonds issued by the company are called debt securities and must be repaid.
What is security in a stock?
Security refers to an investment instrument whose price is dependent on another company. It could be issued by a corporation, government, or other entity (e.g. prefer stocks). If the asset's value falls, the issuer will pay shareholders dividends, repay creditors' debts, or return capital.
What is the difference in the stock and securities markets?
The whole set of companies that trade shares on an exchange is called the securities market. This includes options, stocks, futures contracts and other financial instruments. Stock markets are usually divided into two categories: primary and secondary. Large exchanges like the NYSE (New York Stock Exchange), or NASDAQ (National Association of Securities Dealers Automated Quotations), are primary stock markets. Secondary stock markets are smaller exchanges where investors trade privately. These include OTC Bulletin Board Over-the-Counter (Pink Sheets) and Nasdaq ShortCap Market.
Stock markets are important as they allow people to trade shares of businesses and buy or sell them. The value of shares depends on their price. When a company goes public, it issues new shares to the general public. Investors who purchase these newly issued shares receive dividends. Dividends are payments that a corporation makes to shareholders.
Stock markets are not only a place to buy and sell, but also serve as a tool of corporate governance. Boards of Directors are elected by shareholders and oversee management. The boards ensure that managers are following ethical business practices. In the event that a board fails to carry out this function, government may intervene and replace the board.
Statistics
- The S&P 500 has grown about 10.5% per year since its establishment in the 1920s. (investopedia.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)
- 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)
- Even if you find talent for trading stocks, allocating more than 10% of your portfolio to an individual stock can expose your savings to too much volatility. (nerdwallet.com)
External Links
How To
How to open an account for trading
The first step is to open a brokerage account. There are many brokers that provide different services. Some have fees, others do not. Etrade (TD Ameritrade), Fidelity Schwab, Scottrade and Interactive Brokers are the most popular brokerages.
After opening your account, decide the type you want. One of these options should be chosen:
-
Individual Retirement Accounts, IRAs
-
Roth Individual Retirement Accounts (RIRAs)
-
401(k)s
-
403(b)s
-
SIMPLE IRAs
-
SEP IRAs
-
SIMPLE 401K
Each option comes with its own set of benefits. IRA accounts offer tax advantages, but they require more paperwork than the other options. 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 require very little effort to set up. They allow employees to contribute pre-tax dollars and receive matching contributions from employers.
Finally, you need to determine how much money you want to invest. This is your initial deposit. Many brokers will offer a variety of deposits depending on what you want to return. Depending on the rate of return you desire, you might be offered $5,000 to $10,000. This range includes a conservative approach and a risky one.
You must decide what type of account to open. Next, you must decide how much money you wish to invest. You must invest a minimum amount with each broker. These minimums vary between brokers, so check with each one to determine their minimums.
You must decide what type of account you want and how much you want to invest. Next, you need to select a broker. You should look at the following factors before selecting a broker:
-
Fees - Be sure to understand and be reasonable with the fees. Many brokers will offer trades for free or rebates in order to hide their fees. However, some brokers charge more for your first trade. Avoid any broker that tries to get you to pay extra fees.
-
Customer service - Look for customer service representatives who are knowledgeable about their products and can quickly answer questions.
-
Security - Look for a broker who offers security features like multi-signature technology or two-factor authentication.
-
Mobile apps: Check to see whether the broker offers mobile applications that allow you access your portfolio via your smartphone.
-
Social media presence – Find out if your broker is active on social media. If they don’t, it may be time to move.
-
Technology - Does the broker utilize cutting-edge technology Is the trading platform simple to use? Are there any glitches when using the system?
Once you've selected a broker, you must sign up for an account. Some brokers offer free trials, while others charge a small fee to get started. After signing up, you will need to confirm email address, phone number and password. Next, you'll need to confirm your email address, phone number, and password. Finally, you'll have to verify your identity by providing proof of identification.
Once verified, your new brokerage firm will begin sending you emails. You should carefully read the emails as they contain important information regarding your account. This will include information such as which assets can be bought and sold, what types of transactions are available and the associated fees. You should also keep track of any special promotions sent out by your broker. These promotions could include contests, free trades, and referral bonuses.
The next step is to open an online account. An online account is typically opened via a third-party site like TradeStation and Interactive Brokers. These websites are excellent resources for beginners. You'll need to fill out your name, address, phone number and email address when opening an account. After this information has been submitted, you will be given an activation number. To log in to your account or complete the process, use this code.
After opening an account, it's time to invest!