Ready to Start Your Wealth Journey? Here is the list of the Top 10 Financial YouTubers for Beginners

Financial Youtubers popped up in 2020; make sure you follow the best ones. Knowledge in action is wealth. Wealth, on the other hand is the power to live a purposeful existence.  

Many are struggling with their finances from credit card interest fees stacking up, bad money management habits, or just following bad advice. For a lot of us, the dream school – a dream job – and dream spouse did not work out on the first, second, or even third try. It does not mean that it is over. This is the part of the movie when the lead actor/actress gets back up again. It is time to take control and you have that power at your fingertip.

No matter if it is on a tablet, laptop, smart TV, or cell phone, you have access to YouTube; you have access to knowledge.

Changing Your Environment One Click at a Time

If you show me your friends, I can tell you exactly who you are; the same can be said about what you watch.

What is great about living in the age of infinite variety, you can download and modify your life the same as you do on your cellphone homepage. The democratization of knowledge over the internet makes anything cat videos; memes and even rants go viral. We are bombarded with choices so it is up to us to click on the right options.

If you want to be wealthy, start by changing the content you see and the content you seek. Don’t use YouTube just for music videos and playlists, you are missing 99% of the most impactful media in your life. If all you do is watch ESPN, you will be stuck on the sideline spectating the action. Instead, get in the game and modify it to grow your wealth.

These are The Neighborhood Finance Guy’s Favorite YouTubers based on financial expertise, money management, mindset development, investing, and real estate.

Trusted Financial Expertise

1. The Money Guy Show

Never boring, always enlightening, the Money Guy Brian Preston with co-host Bo Hanson discusses a wide range of timely financial topics that can help you go beyond common sense. They do deep dives into anything from 401ks, IRAs, Backdoor ROTH Contributions, Asset management, and wealth growth. They are easily my go-to.

Their professional focus makes them a rare asset in the realm of FinMedia. They have years of experience related to financial planning and investment management, and they leverage their knowledge for your benefit. They help you focus on the things you can control and manage the things you cannot.

Are you ready to go beyond common sense when it comes to your money? Check out all the resources The Money Guy Show provides https://goo.gl/pPiLm6.

Also check out: Average 401(k) Balance by Age: Are You Behind? and Average Net Worth By Age In 2020! – Where they go over the average net worth for every age group! (2020 Edition).

Daily Money Management

2.  Minority Mindset one of the best Financial Youtubers centered on wealth-building

If you keep doing what the majority of people do, you’re going to end up like the majority of people.

The Minority Mindset has nothing to do with the way you look, your ethnicity, or your skin color. It’s a mindset. It is the mindset to think differently from the majority of people when it comes to money. You can tune into this on a weekly basis and I guarantee you that your perspective will change for the better.

Also check out: 10 Steps To Financial Freedom – EVERYTHING You Need To Know About Building Wealth and 78% Of Americans Are Broke – Here’s Why – Jaspreet Singh is a master at conveying information in a digestible bite-size version.

3.  Whiteboard Finance

Created and hosted by Marko Zlatic, WhiteBoard Finance garners millions of views. In all due respect, Marko is a jerk (kind of). He is brutally honest about what is going on in the world of personal finance on the micro and macro level. He specializes in personal finance, investing in the stock market and real estate, as well as taking jabs at car dealerships and whole life insurance sales agents.

Check out: How Car Dealerships Rip You Off (The Truth), and my favorite Term Vs. Whole Life Insurance (Life Insurance Explained).

4. The Broken Wallet

Learn how to save money on a low-income or tight budget with these practical tips and suggestions.

Vee is a Personal finance writer with 15+ years’ of experience helping people SAVE more and make BETTER decisions with their money! She has helped countless people improve their financial lives–many who she never met. You can feel the excitement she brings to every episode. Her channel is about personal finance, focusing on frugal living and evergreen financial topics.

Check out How to Save Money on a Low Income and 10 Signs You’re In a *GOOD PLACE* Financially (even if you don’t feel you are) – Chances are, you’re doing better financially than you give yourself credit for.

Learning How to Invest From Scratch from Financial Youtubers

5. Investing with Rose

Rose bought her first stock when I was 14 and has been hooked ever since! She made it her life’s mission to empower people, and to elevate the financial well-being of humanity.

“Give a woman a fish and you feed her for a day. Teach a woman to fish, and you feed her (and her family) for a lifetime.” Her videos are about teaching you how to fish.

She has a finance degree from NYU Stern School of Business, as well as extensive experience trading in the financial markets and working in private equity. Most importantly, she is just a big NERD who loves talking about MONEY! She should be in every rookie investor’s starting lineup. She breaks it down without making me feel intimidated.

Also, check out this video Fidelity Index Funds For Beginners which gets super-specific. What index funds are, how to buy Fidelity index funds, which Fidelity index funds to buy, and how much to buy of each Fidelity index fund!  

6. Joseph Carlson – Investment on 1000%

Joseph Carlson is a far departure from other YouTubers. He gets right into the content and dishes out his thoughts on the current investing market.

The Joseph Carlson Show is a series about growing wealth through purchasing stocks. he discusses breaking investment news, comments on current events, answers community questions, and shows the progress of a 6 figure portfolio built into a million-dollar portfolio.

7. PPCIAN – Dividend Investing for Everyone

Ian Lopuch (PPC Ian) is a tried and true money expert. This channel is a reflection of 20+ years of investing experience. With a portfolio of 36 stocks, his channel is all about investing for dividends and cash flow. As a dividend growth investor, investing is about acquiring income-producing stocks, often with growing streams of dividends.

PPC Ian is also a community of like-minded dividend investors supporting one another. He truly enjoys the thriving community that one can experience in the comments section of each video. Whether you have been investing in passive income stocks for 20+ years or are brand new to personal finance, he is also happy and energetic about engaging in the conversation of wealth-building

Understanding Real Estate and Home Ownership

8. BiggerPockets – Real Estate Financial Youtubers

BiggerPockets.com is the complete resource for anyone looking to succeed in real estate investing. Their channel offers content that covers every aspect of real estate investing from analyzing deals, how to find & finance properties, tips & advice, and so much more.

Also, check out: Calculating Numbers on a Rental Property and How To Become A Millionaire Through Real Estate Investing – in this video, Brandon Turner breaks down the simple math of how real estate can build massive wealth through the four wealth-generating factors that real estate investing has.

Mindset Repair from Financial Youtubers

9. Our Rich Journey – FIRE Content

When they started pursuing FIRE (financial independence, retiring early), people must have thought they were nuts. Nevertheless, they did it. They retired before 40 with millions in government salaries. In their videos, they share ways to make money, save money, and invest money – to inspire you to pursue financial independence. 

Their goal is to share their experiences with you so that you can learn from them and so that you can successfully pursue financial independence.

Check This Out: To Retire Early with $2.5 Million We Took These Actions — this is how they went on their FIRE journey for eight years before we finally reached our goal, quit our federal government jobs, and retired early before 40!!! 

10. Next Level Life is a One of the best financial YouTubers

Personal finance should be taught in schools, but it is not. The Next Level Life is here to pick up the slack. Drawing from the knowledge, he gained over the last 10 years he uploads videos covering various money-related topics. From investing, retirement, debt, and general wealth building, it’s next level. With the titular tagline, “Let’s start a financial revolution”, you will always find something to be amazed and fascinated with.

Though not as glamorous as the rest, this is likely the first channel that caught my eye and forced me to listen.

Check this Out: The 3 Types of Millionaires (Which One Are You?) –  More often than not, financial success usually comes down to being highly skilled in one (or more) of three areas: making money, making your money work for you, or saving money. These are the pros and cons of the three types of millionaires: The Hustler (who makes money), the Investor (whose money makes them money), and the Optimizer (who makes the most out of their money).

Summary

I cut grass and cleaned out homes. Additionally, I painted art studios, worked at McDonald’s, and Best Buy, and even endured the horrors of retail; I know where you are and I am telling you that YouTube is where you need to pivot.

Following the right financial YouTubers is a game changer, the wrong ones will waste your money.

Feel free to recommend others to me as well. This is a growing medium and I hope to get up and running as well in 2021. If you need a list of the best podcasts, check out this link.

TNFG’s Favorite Podcasts

Bonus: Here’s what my household is working toward.

Closing out the year stronger.

1. Working on investing an additional $500 to hit the total of $12,500 in M1 Finance Brokerage focused on Dividend Income that generates at least $1,000 in passive Income for starters in 2021. Check out the portfolio in real-time. If you like the platform and want to start investing, I have the $20 for $20 referral if you need it – https://m1.finance/SYdqDJ2SyADC.
2. Boosting back the EF savings with an additional $1,000. Keep tabs on your savings, cash flow, net worth, investments, retirement, and more for absolutely FREE with Personal Capital! Sign up with my link & get a $20 Amazon gift card. *Terms apply. https://pcap.rocks/lawrencegonz
3. Getting back to shape – HIIT Mornings. Running, and biking just pushing out effort. I say it all the time but it’s still good. We did start HIIT workouts off of YouTube.
4. Fixing our homes ­– December. Fixing the leak damages in our primary home and updating bathrooms in the rental. It’s going to suck but at least you get to see the before and after. The goal is to get back to fully operational by January 2021.

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