More people are listening to podcasts than ever before. This is partly due to recent events, like the COVID-19 pandemic, which drove millions of people to learn from the comfort of their phone.
And because there are plenty of people who prefer listening to financial advice rather than reading it, it's worth knowing which Canadian financial podcasts stand out from the crowd.
We’ve covered some of the top Canadian personal finance blogs you should be following, but a recent study revealed that more than 8 million Canadian adults are tuning in to podcasts every single month. What they’re listening to runs the gamut from world news and celebrity interviews to sports and fitness. And today, there is a different type of podcast that has captured the attention (and hearts) of many Canadians: personal finance podcasts.
The Top 9 Best Canadian Finance Podcasts
There are a lot of great financial podcasts out there, hosted by famous professionals such as Dave Ramsey and Suze Orman. But finding the right Canadian finance podcast for any given topic takes a bit of internet-sleuthing, so we did the research for you. Here are our top nine personal finance podcasts for Canadians, by Canadians, in alphabetical order.
1. Because Money
Although this podcast is currently on a hiatus (and fingers-crossed they come back soon!), it contains tons of great gems. Chris is a financial planner, a farm boy, and an opera singer. Sandi is a blogger, a mom, and a loud laugher; and John is a PhD, an investor, and a scientist (yes, you read that right). Together, this trio tackles anything and everything to do with personal finance, debt freedom, credit building, and building wealth.
Episodes of this financial podcast (and there are many; they have six seasons) usually feature a guest and cover topics like “Money & Mental Health” and “Talking About Money by Yourself.” Addicted to Friends? Check out season four for episodes like, “The One Where Insurance Is Important” and “The One Where We Plan for Emergencies.”
2. MapleMoney Show
MapleMoney’s blog is the most read Canadian money management blog, and its complementary personal finance podcast is popular ear candy, too! Founded by financial analyst and family man Tom Drake, a Calgary resident, the MapleMoney Show aims to help Canadians who are drowning in debt to begin taking control of their money and turn their financial lives around.
MapleMoney’s Canadian finance podcasts are led by different financial experts, with topics ranging from, “The 4 Rules to Adulting with Money” to “Turn Your Struggles into Stepping Stones.”
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3. More Money
With over 1.8 million downloads and more than 270 episodes across 12 seasons, More Money is one of the best Canadian finance podcasts. It was started by award-winning millennial blogger Jessica Moorhouse in 2015 and features guests from around the world, including celebrities, authors, and even her own listeners.
Many episodes provide financial tips in a casual manner (her husband is the audio producer, making this a family affair), with topics like, “Finding Your Financial Joy” and “Enjoying the Journey to Financial Independence.” If you need some advice about handling your personal finances, this podcast could be an invaluable and uplifting experience.
4. Mostly Money
Listeners be warned: This podcast comes with an R-rating. Why? Because sometimes money makes us swear.
This Canadian finance podcast is hosted by Preet Banerjee, a management consultant who has a knack for behavioural finance. And he has a podcast where he talks about — you guessed it — mostly money. With over 90 episodes of content, Preet covers different topics that range from buying a car without haggling to what people do in the face of multiple financial hardships at once.
In a recent episode, Preet speaks with a friend who lost his job, had a heart attack, and was then diagnosed with lung cancer, including all of the financial repercussions resulting from these major setbacks. Preet's podcast helps listeners get practical advice and stories they can use to beef up their own finances and future planning.
5. Moolala
The Moolala: Money Made Simple podcast has made our list many times over the last few years! And if you’re the type of person who tends to tune out when conversations drag on, Moolala is the podcast for you. It's hosted by Bruce Sellery, who is now the CEO of Credit Canada, and we are a show sponsor!
Bruce has spent the last 20 years as a business journalist, television personality, personal finance expert and financial literacy consultant. He's on a mission to help you get a handle on your money — in about 10 minutes at a time! His hour-long podcast episodes are broken out into 10-minute segments that are practical, insightful, and straight to the point.
Bruce describes his podcast as “high on energy, low on BS” and typically features another finance expert covering topics like how to cancel debt and keep your credit score, and even money horoscopes. So, grab a coffee and tune in to one of the best financial podcasts in Canada, if we do say so ourselves.
6. Real Money Talk
The hosts of this bi-weekly personal finance podcast, which is operated by Ratehub.ca, openly admit they’re not financial experts — but they know what kind of questions to ask experts! The hosts of Real Money Talk are millennials interested in reaching out to a like-minded audience who are “trying to get ahead against impossibly high home prices and seemingly insurmountable debt.”
Conversations with experts don’t take on the tone of a boring lecture, but instead come off like an informal chat amongst friends over a beer. Topics they tackle include side hustles and maximizing credit card rewards. The informal finance advice and information gleaned in these talks can be the perfect fit for a more laid-back evening of talking money.
7. Stress Test
A podcast operated by The Globe and Mail, the Stress Test podcast is hosted by Globe and Mail columnist Rob Carrick and editor Roma Luciw (The Globe’s personal finance editor).
This financial podcast features a variety of educational topics for Canadians—and it’s more than just money advice! In addition to talking about credit scores, the show’s hosts discuss things like talking about money with your partner before moving in, how COVID-19 impacted spending habits, and why younger people shouldn’t be embarrassed about seeking help from family and friends when times are tough.
If you’re looking to glean some more information about your finances and how to manage them, give this podcast a listen!
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8. Simple Money
If you're all about audio books and prefer to take in information by hearing it versus reading it, Matthew Siwiec does all the heavy-lifting for you. As the host of the Simple Money podcast, Matthew keeps it simple with short (we're talking less than 10 minutes short) episodes that cover practical topics and information, like the 2021 federal budget and what it means to Canadians as well as COVID-19 benefits and their impact on taxes.
If you're looking for a quick, no-frills finance podcast that focuses strictly on info you can use, look no further.
9. Young Money with Tracey Bissett
Tracey Bissett is redefining financial literacy for young adults and entrepreneurs through her weekly podcast, Young Money—an advice show for “millionaires in the making.” Tracey is a Chartered Financial Analyst who has helped empower hundreds of small business owners regain control over their financial future using her know-how and expertise.
With nearly 200 podcast episodes available for Canadians to listen to—many featuring special guest speakers covering topics like, “Being the Person Your Dog Thinks You Are” with Jim Davies, or “Talk Money to Me During COVID and Other Times of Financial Distress” with Kelley Keehn. (One episode features our very own Keith Emery.)
This finance podcast gives young Canadians a ton of useful wealth-building advice, so be sure to check it out!
How About Podcasts Not Specific to Canada?
There are many podcasts about finance that aren’t specific to the finance needs of those living in the Great White North. In fact, a lot of foreign-made finance podcasts may have some general information and advice that may prove valuable to you.
So, if you aren’t finding the right advice in the best Canadian finance podcasts, here are a few alternative options you can listen to—just be sure to take it with a grain of salt whenever they reference some foreign finance policy or vehicle for saving money!
Foreign Financial Podcast #1: The Ramsey Show
Hosted by Dave Ramsey, this podcast shares “practical answers for life’s tough money questions.” The Ramsey Show boasts a combined 18 million weekly listeners who subscribe to get actionable advice that can help turn their lives around.
Some of the show’s episodes cover topics like what younger people can do to save money early (even in their teens), whether it’s a good idea to start a business while in debt, and planning for kids when you’re still carrying debt.
While it might not be specific to Canadians, this is still one of the best financial podcasts to subscribe to if you need some basic advice and inspiration!
Foreign Financial Podcast #2: So Money with Farnoosh Torabi
With over 1,200 episodes, Farnoosh Torabi of the So Money podcast (and her guests) have a lot to say about personal finance! This podcast about finance covers a wide variety of topics in their frequent “Ask Farnoosh” podcasts, where Farnoosh Torabi takes a question from a person and turns it into the subject of a podcast.
For example, in one “Ask Farnoosh” post, the So Money host tackles the question: “Are investing courses worth it?” Subscribe to her podcast today for a variety of useful and informative content.
Foreign Financial Podcast #3: The Mad Fientist’s Financial Independence Podcast
“It’s financially independent!” might not have the same ring as the famous monster movie quote “It’s alive,” but the phrase is definitely in line with this podcast’s style. The Financial Independence Podcast by The Mad Fientist does exactly what it says in the name—providing a lot of useful information and advice to help podcast listeners so they can be financially independent and even retire early.
With titles like “The Real American Dream,” the podcast is clearly aimed at a U.S. audience. However, episodes like “Get Rich Slowly” and “Early Retirement Made Easy” showcase a ton of valuable information that can help virtually anyone.
We’re Here to Listen to You, Too
There you have it, our best finance podcasts for Canadians! Listening in during your commute, lunch hour, or workout is a great way to boost your financial savvy. Of course, we understand that sometimes you need an ear, too.
If you’re having trouble keeping up with bill payments or your credit is completely maxed out and you would like to speak to one of our certified Credit Counsellors in Canada for free, give us a call at 1.800.267.2272 or visit us online.
In the meantime, if you’re following what you think is one of the best Canadian financial podcasts that we didn’t mention, let us know in the comments below and maybe we’ll feature it next time. And you can always subscribe to our blog for more financial advice delivered straight to your inbox!
Frequently Asked Questions
Have a question? We are here to help.
What is a Debt Consolidation Program?
A Debt Consolidation Program (DCP) is an arrangement made between your creditors and a non-profit credit counselling agency. Working with a reputable, non-profit credit counselling agency means a certified Credit Counsellor will negotiate with your creditors on your behalf to drop the interest on your unsecured debts, while also rounding up all your unsecured debts into a single, lower monthly payment. In Canada’s provinces, such as Ontario, these debt payment programs lead to faster debt relief!
Can I enter a Debt Consolidation Program with bad credit?
Yes, you can sign up for a DCP even if you have bad credit. Your credit score will not impact your ability to get debt help through a DCP. Bad credit can, however, impact your ability to get a debt consolidation loan.
Do I have to give up my credit cards in a Debt Consolidation Program?
Will Debt Consolidation hurt my credit score?
Most people entering a DCP already have a low credit score. While a DCP could lower your credit score at first, in the long run, if you keep up with the program and make your monthly payments on time as agreed, your credit score will eventually improve.
Can you get out of a Debt Consolidation Program?
Anyone who signs up for a DCP must sign an agreement; however, it's completely voluntary and any time a client wants to leave the Program they can. Once a client has left the Program, they will have to deal with their creditors and collectors directly, and if their Counsellor negotiated interest relief and lower monthly payments, in most cases, these would no longer be an option for the client.
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