How to Get the Best Personal Finance Tips Every Day
It can seem daunting at first, but the more you read about managing your personal finances, the simpler it gets. One effective way to learn is to subscribe to the right people for daily personal finance tips, so when the time comes to make an important decision, you aren’t caught completely unprepared.
From newsletters, blogs, and podcasts to Twitter accounts and YouTube channels, here are the best places to get personal finance tips every day.
Blogs and Websites
Detailed articles are often the best starting point to the world of financial management. From aggregators to forums, here’s where you should head for advice.
Like many of us, Trent Hamm’s money was in a mess. He had a large amount of debt and no real plan to tackle it. Slowly but surely, by adopting sound practices, Hamm managed to pay off all his pending bills and get a strong financial foothold.
At The Simple Dollar, Hamm explains how to apply these practices, busts financial jargon, and lays out clear and simple strategies to tackle your problems. Apart from just debt, Hamm also uses layman’s terms to explain investments, mortgages, medical insurance, and other regular money matters.
All of this makes TSD one of the best personal finance sites around . It also offers a daily newsletter if that’s more up your alley, and posts regular updates on Twitter and Facebook.
The downside of not knowing enough about money and finance is that you don’t even know what you should be reading. Open up the Financial Times and it’s all jargon that you can’t wrap your head around. Instead, head to Rockstar Finance to get a dose of financial news that you can use.
Blogger J. Money, who is more famous on Twitter as @BudgetsAreSexy, gathers links to money-related articles that will help the layperson understand the world of finance. Apart from the top three articles, you’ll find a bunch of other must-read items as well as a collection of recommended websites, podcasts, and other Internet resources.
While most of the articles are about the U.S. economy, Rockstar Finance also does a good job of gathering links that explain macroeconomic concepts, as well as common sense money advice for people anywhere in the world.
Advice doesn’t always need to come from experts. Sometimes, the best person to ask is another layperson who has been in the same situation as you. Reddit’s r/personalfinance community is one of the most sociable sub-reddits , and is constantly updated with new information, personal stories, and Q&As.
The flairs in the right-hand sidebar help in navigating the forum based on topics (taxes, budgeting, housing, retirement, etc.), and the community also has regular events like Moronic Mondays and Triumphant Thursdays. And if you want a major overhaul of your money management, try a 30-day challenge for a better habit , which the sub-reddit organizes monthly.
The best way to get a daily dose of finance is if it’s being delivered to you in your Twitter feed. Helpful advice, important links, and chats with experts make up our recommendations of who you should follow.
A lot of financial advisors on Twitter tend to just focus on promoting their blog posts or videos, so the tweet doesn’t really offer value apart from a link. That’s where @AffordAnything is different. Most of the tweets here are short pieces of advice on how to approach your money.
Money-management boils down to 3 things: what you earn, what you spend, and what you invest.
— Paula Pant (@AffordAnything) March 10, 2016
The topics keep changing, from investments and retirement to savings and mortgages, but the words are always grounded in reality and pushing you into action. This insightful account can serve as an inspiration to keep you motivated as you tackle your money problems.
Michael Kitces is the author of the Nerd’s Eye View blog, where he comments about financial news and development. But more than that, Kitces is an active tweeter, constantly on the lookout for articles and blog posts that talk about finance. Unlike most tweeters, Kitces will also offer his opinion when sharing a link, telling you why it’s important.
— MichaelKitces (@MichaelKitces) March 9, 2016
His feed is full of links from different publications, and perhaps more importantly, filled with charts, graphs, and other images for a quick view of what he’s talking about. Plus, he often holds talks on Periscope, so you can get in on a live video chat and ask him questions.
Wise Bread is a pretty successful money blog by itself, but its Twitter account — helmed by Ashley Jacobs — is the real treat. Jacobs, an expert on college finance, is great at getting other financial experts to hold Twitter Q&As and quizzes so that followers can learn about sub-topics in finance.
It’s a great way to cut through the clutter of cliché money-related tweets and links, since these niche experts are able to talk with more clarity about specific topics, instead of offering generic advice that any blogger with Google access could give you.
Your daily commute is an excellent time to catch up with financial news and advice. From experienced journalists to two funny dudes, pop in your headphones and listen up.
Farnoosh Torabi might be a familiar face or name for many of you. She’s an award-winning journalist and television host, and frequent guest on several financial shows. Torabi hosts a podcast every weekday, talking to money advisors, investors, entrepreneurs, authors, successful business executives, and many more people with two helpful cents.
Torabi’s journalism background helps in asking the right questions to these guests and stitching together a narrative worth listening to. Also, every Friday, Torabi turns the spotlight on her listeners to answer questions submitted by people like you.
The Clark Howard Podcast
Clark Howard has over 25 years of experience as a radio host who gives consumers practical advice on what to do with their money. And for most of those 25 years, he has had a nationally syndicated show. So when he starts talking, you better listen. This is one of the best podcasts about the world of finance .
Howard’s podcast is newsy, and touches on everything from the financial topics that matter today to special shows on occasions like Christmas or Halloween. Apart from the podcast, Howard also has a daily live stream of his show on his personal website.
Everyone has different tastes in podcasts (our own MakeUseOf staff has varied listening recommendations ). If you prefer a more casual approach to talking about money, check out Andrew and Matt’s Listen Money Matters, where they yap about everything from investments to debts, liberally cussing and joking as they go along.
This one isn’t for someone seeking serious financial advice. Instead, think of it more like a discussion about money matters among people from the younger generation. The topics, the approach, and the general conclusions are ideas that will appeal to the youth, not someone who has their finances sorted and is looking at saving for retirement .
Financial concepts often need a combination of visual and auditory cues to be thoroughly explained. Our YouTube picks will make sure you understand how to apply money tips in your life.
Watching videos about financial advice from experts can be intimidating. They seem to have it all sorted out, and you feel a bit dumb for not knowing stuff. It helps to know that Talaat and Tai, a married couple, made their share of mistakes in the past and are now helping you avoid them.
The videos at His and Her Money never seem condescending or overly spoon-fed. These are two adults talking to you, as an adult, and making it seem like we’re all on a journey together to get control over our finances. Plus, their natural chemistry and banter helps in making the videos entertaining while being educational. These are the kind of videos that help you see money in a different way .
Money Talks has been syndicated by some of the top news channels for over 20 years, and there’s one reason for that: Stacy Johnson. The host of the popular money-matters show simplifies complex topics while presenting them in an energetic style that stops it from being boring.
Money Talks News covers explanations of complex financial concepts, quick tips and advice on handling your money, informational guides with helpful illustrations, and a host of other useful information. Updated almost daily, there’s plenty for you to watch here.
One of our favorite financial apps, You Need A Budget (YNAB) helps you stick to a budget . Over the past year, the makers of the app have moved from a regular podcast to a YouTube channel where they discuss basic financial planning.
We’re cheating a bit here, as YNAB’s YouTube is a weekly, not a daily, update. But the advice is so good and rooted in the present that you shouldn’t be missing out on this. From hour-long talks on handling your credit cards to small five-minute segments on the need for a budget, YNAB will get you through the basics and teach you how to implement them, preferably with the app itself.
Some advisors are worthy of being followed everywhere: Twitter, Facebook, their blog, newsletter, YouTube channel, or whatever else they do. Since they don’t fit into any one category, here are our top financial experts who you should track.
One of the most respected financial gurus in the public space, Dave Ramsey has done it all: books, TV shows, university lectures , and everything else. Plus, Ramsey has multiple areas of expertise and plenty of years of experience.
In fact, Ramsey’s financial principles inspired EveryDollar , one of the coolest apps to start saving money and creating a budget. His ability to break things down into small steps makes all his advice actionable.
- Dave Ramsey Website
- Dave Ramsey Twitter
- Dave Ramsey Facebook
- Dave Ramsey YouTube
- Dave Ramsey Show YouTube
The author of I Will Teach You To Be Rich, Ramit Sethi has a humongous following across the web for his practical and detailed tips on money management. Sethi’s advice is nothing out of the ordinary. In fact, most of it is basic stuff. But his ability to demonstrate how to put it into action sets him apart.
Sethi has an active YouTube channel, is one of the must-follow Twitter accounts for financial insights , and his website is always being updated with new content. I highly recommend checking out his backlog of videos, where he shares his own life experiences to tell you how you can be better off than you are now.
Mr. Money Mustache
Many of us dream of retiring at an early age. Mr. Money Mustache actually did it! He figured out how to manage his money so well that he semi-retired at 30 and lives a fulfilling life now. How did he do it? Find out by following him.
The Money Mustache website should be your first stop, beginning with this post. From there, follow his journey and then follow him on various social media to get a wholesome outlook on how to balance work and life to handle your finances.
Who Did We Miss?
While we’ve covered several information sources here, it’s still not an exhaustive list. There are a lot of great personal finance resources out there where you can get daily tips on how to better manage your money.
We want to know where you go to get your daily fix of financial news or advice. Share your best sources of financial wisdom in the comments below!
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