Podcasts can help entrepreneurs and those just looking to reduce debt. The best podcasts are informative, entertaining and fun. These podcasts also provide information about current economic trends, financial strategies, and other useful information.
The fact that many podcasts about money are free to listen to will be appreciated by podcast lovers. These podcasts are a great resource for anyone who has some spare time. These podcasts are great for anyone looking to make some extra money. Podcasts can easily be listened in your car, on TV, or while you work on your computer. It's important that you listen to the podcast if you are going to make lasting change.
First, you should know that podcasts about best money are not all created equally. Some are targeted towards specific audiences while others are more general. A money podcast should be suited to your needs and budget. There are many choices.
Paula Pant hosts Afford It! To teach listeners money, the show uses a funny format. Pant also interviews experts who can offer valuable advice. Using her bubbly personality, Pant intersperses her answers with sound effects. Pant encourages her listeners, as well as herself, to get started on their goals. She recommends that you save for retirement, and suggests earning an extra income. She also covers real estate, property investing, and managing debt.
Farnoosh Torabi is an award-winning financial strategist and TV host. He has interviewed some of the most prominent names in business and self improvement. He is also a New York Times bestselling author. He has a podcast where he shares tips and tricks that will help you build credit and get out of debt. His podcast is perfect for college students needing advice on paying for school.
The Stacking Benjamins money podcast is a podcast that's both educational and entertaining. This podcast features internet personalities sharing their top tips and tricks for living a financially smarter life. The show includes segments on financial technology and freelancing, as well as a money question from listeners. They have a website as well as a blog. Stacking Benjamins has also received recommendations from Forbes and Entrepreneur.
The So Money podcast features stories about financial leaders, including entrepreneurs and bestselling authors. Its main objective is to make difficult topics understandable. The featured guests include entrepreneurs, professional athletes, and other notable people who have achieved greatness. There are also a number of recommended readings.
The Millennial Money podcast, a money podcast for millennials, is a great resource. You will find advice on how you can make money in your job, how to save for retirement, and much more. It's also got a lot of information about mental health and wellness. It aims to inspire millennials to create their own lives. Its slogan says "Candid conversations for richer, happier lives."
FAQ
What types of investments do you have?
Today, there are many kinds of investments.
Some of the most popular ones include:
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Stocks – Shares of a company which trades publicly on an exchange.
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Bonds – A loan between two people secured against the borrower’s future earnings.
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Real estate – Property that is owned by someone else than the owner.
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Options – Contracts allow the buyer to choose between buying shares at a fixed rate and purchasing them within a time frame.
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Commodities: Raw materials such oil, gold, and silver.
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Precious metals are gold, silver or platinum.
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Foreign currencies – Currencies not included in the U.S. dollar
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Cash - Money that is deposited in banks.
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Treasury bills are short-term government debt.
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Commercial paper - Debt issued to businesses.
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Mortgages: Loans given by financial institutions to individual homeowners.
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Mutual Funds - Investment vehicles that pool money from investors and then distribute the money among various securities.
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ETFs (Exchange-traded Funds) - ETFs can be described as mutual funds but do not require sales commissions.
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Index funds – An investment strategy that tracks the performance of particular market sectors or groups of markets.
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Leverage: The borrowing of money to amplify returns.
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Exchange Traded Funds, (ETFs), - A type of mutual fund trades on an exchange like any other security.
These funds offer diversification benefits which is the best part.
Diversification is the act of investing in multiple types or assets rather than one.
This helps to protect you from losing an investment.
Is it really a good idea to invest in gold
Gold has been around since ancient times. And throughout history, it has held its value well.
As with all commodities, gold prices change over time. Profits will be made when the price is higher. You will lose if the price falls.
It doesn't matter if you choose to invest in gold, it all comes down to timing.
What are the different types of investments?
These are the four major types of investment: equity and cash.
You are required to repay debts at a later point. It is typically used to finance large construction projects, such as houses and factories. Equity is when you buy shares in a company. Real Estate is where you own land or buildings. Cash is the money you have right now.
You can become part-owner of the business by investing in stocks, bonds and mutual funds. You are part of the profits and losses.
Statistics
- Over time, the index has returned about 10 percent annually. (bankrate.com)
- An important note to remember is that a bond may only net you a 3% return on your money over multiple years. (ruleoneinvesting.com)
- As a general rule of thumb, you want to aim to invest a total of 10% to 15% of your income each year for retirement — your employer match counts toward that goal. (nerdwallet.com)
- Most banks offer CDs at a return of less than 2% per year, which is not even enough to keep up with inflation. (ruleoneinvesting.com)
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How To
How to save money properly so you can retire early
Planning for retirement is the process of preparing your finances so that you can live comfortably after you retire. It's when you plan how much money you want to have saved up at retirement age (usually 65). You should also consider how much you want to spend during retirement. This includes travel, hobbies, as well as health care costs.
You don't have to do everything yourself. Financial experts can help you determine the best savings strategy for you. They will assess your goals and your current circumstances to help you determine the best savings strategy for you.
There are two main types of retirement plans: traditional and Roth. Traditional retirement plans use pre-tax dollars, while Roth plans let you set aside post-tax dollars. The choice depends on whether you prefer higher taxes now or lower taxes later.
Traditional Retirement Plans
Traditional IRAs allow you to contribute pretax income. If you're younger than 50, you can make contributions until 59 1/2 years old. You can withdraw funds after that if you wish to continue contributing. After you reach the age of 70 1/2, you cannot contribute to your account.
If you have started saving already, you might qualify for a pension. The pensions you receive will vary depending on where your work is. Employers may offer matching programs which match employee contributions dollar-for-dollar. Others provide defined benefit plans that guarantee a certain amount of monthly payments.
Roth Retirement Plans
Roth IRAs are tax-free. You pay taxes before you put money in the account. Once you reach retirement age, earnings can be withdrawn tax-free. However, there are limitations. For medical expenses, you can not take withdrawals.
Another type is the 401(k). These benefits may be available through payroll deductions. Extra benefits for employees include employer match programs and payroll deductions.
Plans with 401(k).
Employers offer 401(k) plans. They let you deposit money into a company account. Your employer will automatically contribute a portion of every paycheck.
You decide how the money is distributed after retirement. The money will grow over time. Many people prefer to take their entire sum at once. Others may spread their distributions over their life.
Other types of savings accounts
Some companies offer different types of savings account. TD Ameritrade can help you open a ShareBuilderAccount. With this account you can invest in stocks or ETFs, mutual funds and many other investments. Plus, you can earn interest on all balances.
Ally Bank allows you to open a MySavings Account. This account allows you to deposit cash, checks and debit cards as well as credit cards. You can also transfer money from one account to another or add funds from outside.
What's Next
Once you know which type of savings plan works best for you, it's time to start investing! First, find a reputable investment firm. Ask your family and friends to share their experiences with them. Online reviews can provide information about companies.
Next, decide how much to save. This step involves determining your net worth. Your net worth is your assets, such as your home, investments and retirement accounts. It also includes debts such as those owed to creditors.
Once you know your net worth, divide it by 25. This is how much you must save each month to achieve your goal.
For example, if your total net worth is $100,000 and you want to retire when you're 65, you'll need to save $4,000 annually.