Who doesn’t want to manage their money perfectly? Can you boast with having lots of money or do you need some professional advice on how to improve your personal finances?
Let’s be honest: if you are reading this, then you are probably looking for some help. If you are willing to boost your personal finances and get the most out of it, here are the best YouTube channels on this topic. These are the people who know more about managing money and investments and are eager to share this information with their viewers.
Why Do You Need to Learn about Money?
According to Statista.com, 24.4 million families are living under $25,000 per year in the USA today. This is very frustrating as household income usually defines if a person is eligible for particular financial help or loans. Many people have lots of questions before taking a loan and not all of them get approved. If your monthly income is also limited and you often run out of money before the next payday, keep reading about the YouTube channels that can make a difference.
It’s essential to learn how to manage your money so that you can get out of debt or save for an expensive purchase. What can be better than living a debt-free life and having the opportunity to fund your expenses?
It can be challenging to find a decent counselor or understand the finance-related articles. However, watching the following YouTube blogs can save your time and help you grasp the idea of finance management by just watching the videos and applying their tips in real life.
The Budget Mom
This YouTube Channel is run by a young woman named Kumiko Love. She has started it 3 years ago and now has almost 60,000 subscribers. Kumiko is an Accredited Financial Counselor, blogger, successful business owner, and mom to her 6-year-old son.
Her aim to have this personal finance channel was to help thousands of other women across the world take better control of their finances, save money, pay off the debt, have extra passive income with no money and just live a happy life. “Real Women. Real Life. Real Finance.” – this is her motto.
Kumiko offers practical and unique budgeting techniques and methods that are easy to implement in real life and are easy-to-understand by everyone. She has already helped thousands of women with her inspirational videos on her YouTube channel as well as her effective budgeting workbook which is called “The Budget-by-Paycheck Workbook” and is available on her website. If you are looking for some useful tips without boring and hard-to-swallow financial terms, go ahead and subscribe to her channel.
Wealth Hacker – Jeff Rose
This is a channel of a successful certified financial planner Jeff Rose which has now over 270,000 subscribers. His motivational and helpful videos are dedicated to people who haven’t been taught about personal finance at school.
Jeff Rose gives new ways of managing your money and living on a budget. You can find lots of online marketing strategies, wealth building tips and top methods of using passive income. He knows how to make your online brand grow and develop so that your overall income boosts as well.
The name of the channel is very attractive yet relevant – every person wants to become a Wealth Hacker and learn some productivity and wealth hacking tactics to use in real life. Jeff Rose not only concentrates on practical personal finance tips and wealth building but also shares successful examples of other Wealth Hackers who have implemented these tips and changed their life completely.
The Financial Diet
This is another popular YouTube Channel which has over 600,000 subscribers and offers lots of useful tips. You can find various playlists with videos about managing personal finances, lifestyle tips, and professional advice about budgeting, career, and investments. There are many helpful interviews with the top financial coaches and experts who also share their expert advice on various financial topics.
This is a great channel for those who are just at the beginning of their money-management journey and want to learn more without boring financial terms and lingo. You can also find useful tips for beginners and college students to help you understand your finances better and avoid debt. This channel has been around for over 5 years and is a great helper when it comes to living a better and debt-free life.
Hopefully, these personal finance YouTube channels will help you understand the basics of budgeting and change your attitude to money management.