Figuring Out Finance: Top 5 Finance Podcasts for Busy Mums

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So not too long ago, I realized that I'm not financially literate.

Ok, I lie, I've always known it, but this year I was forced to admit it! The truth is, I've always found finance incredibly overwhelming. Savings, investments, fixed term deposits, portfolios, retirement planning...there are too many things to think about!

But I also realized that this ignorance is not getting me any closer to building the life I want now and in the future. So I had to do something about it.



My Financial Fuck Ups

I've learned some hard lessons in my life when it comes to finance. Like many university students in the US in the early 2000s, I was saddled with horrible credit card debt by the time I graduated. A few years later, my divorce and subsequent single parenthood drained me of savings and any opportunity to make large contributions to my superannuation. Years after that, moving to Australia became another drain on my finances - spouse visas are very expensive!

Throughout all that, just like a lot of mums, I was juggling all sorts of jobs mostly on a freelance, part-time, or contract basis. I never quite found the balance between financial security and being present for my children, but over time, I feel like I'm getting close.

Of course, as it is with most parents, I have experienced firsthand the need for emergency funds, and how quickly that can be drained! Through the years, I've had to deal with hospital stays, emergency room visits, cars breaking down or getting hit, and - more recently - my lovely husband accidentally drilling a hole in a water pipe (funny now but not too funny then!).

So I know firsthand how bloody hard it is for mums to figure out finance, believe me. And I've decided that I'm going to share my journey to financial literacy with you!

Figuring Out Finance - The Series!

I've got a lot of incredible content and guest bloggers lined up for the coming months, and I cannot wait to be able to share more soon. I hope this series can help you in some way, particularly if you have felt the same struggle as I have.

First up though, let's start with the easy stuff - I'd like to share my favourite finance podcasts! I have enjoyed reading personal finance books and articles, but I have found that podcasts are a much more convenient way for me to consume finance information throughout my chaotic daily life. So if you're into podcasts the way I am, or if you're a busy mum like I am, give these a listen!

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Top 5 Finance Podcasts for Busy Mums

1. She's On The Money

I love love love this podcast because it really drills down on the basics of finance! My favourite part is when the hosts Victoria Devine and Annabelle Lee share their own money wins or fails, as well as the stories of real people's money woes (makes me feel less alone in my struggle *lol*). The podcast is aimed primarily at millennial women in Australia, but a lot of the content is relevant for busy mums around the world too! 

My episode recommendations: 

- A rookie's guide to investing - Part 1 and Part 2.
- The psychology of saving
- The price of comparison
Average episode duration: 30 mins
Listen on: Apple Podcast, Whoosh


2. My Millennial Money Express

This express version of My Millennial Money by Glen James features condensed episodes where only the key parts of each full episode of My Millennial Money are aired. With mini episodes ranging from 3 to 15 minutes, this is great as a financial literacy snack when you’re really busy. It's also really funny, and I appreciate that because I always assumed finance is dry and boring. This podcasts throws that assumption out the window!

My episode recommendations:
- Side hustles
- Saving money and not apologising for it
- Debt and one income
Average episode duration: 3-15 mins
Listen on: Apple Podcast, Whoosh. Also on the My Millenial Money website (full episodes only, not Express)

3. Starving Artist

In this podcast, Honor Eastly interviews artists and asks them tough questions about what finance means to them. It's a mixed bag of characters, but a lot of the content is poignant, relatable, and relevant. Now this podcast is really specific to those working in the arts. As both a freelance writer and a weaver, a lot of the content is relevant to me. Not a creative yourself? No worries! Because if you've been looking at working part-time, from home, or just wanting to know what it might be like to unplug from the corporate world, this podcast is a treasure trove of information.

My episode recommendations: 
- Making A Full-Time Living Through Instagram with Frances Cannon
- Designing Your Creative Life with Sarah Firth
- Taking Control Of Your Finances with Sarah Firth
Average episode duration: 30 mins - 1.5hrs

4. Popcorn Finance

This podcast describes itself as a “short form podcast discussing finance in about the time it takes to make a bag of popcorn”, and with most episodes going for about 5 mins, it’s a pretty accurate description! This is a great podcast for particularly busy days where you only have a few minutes to spare for podcast listening. And don't let the short episode duration fool you - this podcast is super informative, and Chris (the host) keeps it fun too!

My episode recommendations:
- The Pros and Cons of Online Bank Accounts
- Stop Overspending with One Percent Rule
- Mini Budgets & Investing 101
Average episode duration: 5-15 mins
Listen on: Apple Podcast, Stitcher, Popcorn Finance website.

5. Mad Fientist - Financial Independence Podcast

The main focus of Mad Fientist is financial independence and early retirement, but even if that’s not your main goal, there’s a lot of incredible content to help you manage your finances. A lot of the episodes are interviews with folks who are getting it right, financially speaking, and there’s some amazing nuggets of information scattered throughout to help you become more financial literate.

My episode recommendations:
- Scott Trench - Set for Life
- Elizabeth Willard Thames - Meet the Frugalwoods
- Your Money or Your Life - An Interview with Author Vicki Robin
Average episode duration: 30 mins - 1 hour
Listen on: Apple PodcastsMad Fientist website


How To Listen To Podcasts

I know, I know. You’re busy. You’ve got work, you’ve got the kids, and you can’t even remember the last time you had a relaxed poo without someone needing your attention right now. But believe me, podcasts are so fun to listen to, and chock full of easy-to-digest information. If you’ve never listened to podcasts before, now’s the time to start!

So how can you find the time to listen to podcasts? Well, I often listen to podcasts in the car or when I'm cooking, and sometimes when I'm folding my clothes (which is a chore that is never finished, let's be honest). Sometimes I listen while I weave or knit, depending on how focused I need to be.

I would recommend that you line up a couple of hour’s worth of podcasts and listen to them when you can. This could mean just finishing one episode, or twenty, but the main thing is that your playlist is set up for when you do make the time.

My favourite way to listen to podcasts is via the Apple Podcasts app on my iPhone, but there are plenty of other apps that allow you to listen to podcasts on the go, including Google Podcasts, Stitcher, and Spotify. You could also listen to some podcasts online on the podcast’s website - I’ve included a few in my list above!

I look forward to sharing more information soon for this Figuring Out Finance series - stay tuned for updates!

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