Watching These 4 TV Shows Will Make You Richer
Basic courses in personal finance for children are not taught in classrooms, and a lack of financial education can trigger poor financial decisions in adulthood.
According to a 2009 study by Sallie Mae — an agency that provides student loan financing — the average college undergraduate carries approximately $3,100 in credit card debt, and about half of college students have four or more credit cards in their names.
Although many young adults eventually learn smart money habits by means of trial and error, many popular television shows hosted by well-known personal finance experts remove the guesswork and provide practical, easy-to-follow guidance.
Ready to get your finances on track and increase your net worth? Here are five television shows that not only entertain, but can make you richer.
Suze Orman‘s “tell-it-like-it-is” attitude is certain to give your personal finances a complete makeover. This financial guru connects with her audience and offers practical tips to help you achieve your life goals. Whether you need to pay down your debt or add to your retirement savings account, Suze Orman stresses the value of early planning, living within your means and creating an eight-month emergency cushion.
During her “Can You Afford It” segment, Orman closely examines each caller’s financial situation to determine whether they can afford a particular purchase — vacation, new home, home remodel, etc. Plus, she addresses a number of viewer questions and concerns via webcam. Tune in every Saturday night and she’ll motivate you to take a hard look at your own finances and make financial decisions based on logic, not emotion.
David Bach, one of the financial experts on Money 911, provides on-air answers to questions received by Today Show viewers. Bach tackles questions on topics, such as credit card debt, home appraisals, mortgages, investments and saving. He educates viewers on the difference between good debt and bad debt, and he preaches the importance of financial freedom through debt elimination. Learning how to live on less is Bach’s strategy for finishing rich.
Clark Howard believes that saving money and penny-pinching is the way to survive tough financial times. Always on the watch for the next best deal, Howard offers advice for scoring discounts on practically everything — vacations, mobile phone service, groceries and entertainment. His tips will make you think twice about paying full price. And once you master the art of comparison shopping, you’ll understand the connection between smart spending and personal wealth.
4. Til Debt Do Us Part – MSNBC
Financial expert Gail Vaz-Oxlade takes couples therapy to another level. Each week she meets with a different couple and helps them through their toughest financial problem — consumer debt. There’s no sugarcoating as Vaz-Oxlade forces couples to come face-to-face with their balances and realize the long-term consequences of excessive spending.
Through a series of challenges, couples learn how to live on less and develop a financial recovery strategy. For couples who follow her advice, they receive a considerable sum to help pay down their debt balances. (Photo: CBC)
As a personal finance junkie who made many money mistakes in my early twenties, I believe in the importance of learning smart money skills young — preferably before graduating high school. Let’s face facts, a large percentage of high school seniors will never use the formulas they learn in advance mathematics courses. But they will write a check, apply for a credit card, buy a house and eventually retire.
According to a 2009 study by Sallie Mae — an agency that provides student loan financing — the average college undergraduate carries approximately $3,100 in credit card debt, and about half of college students have four or more credit cards in their names.
Although many young adults eventually learn smart money habits by means of trial and error, many popular television shows hosted by well-known personal finance experts remove the guesswork and provide practical, easy-to-follow guidance.
Ready to get your finances on track and increase your net worth? Here are five television shows that not only entertain, but can make you richer.
1. The Suze Orman Show – MSNBC
Suze Orman‘s “tell-it-like-it-is” attitude is certain to give your personal finances a complete makeover. This financial guru connects with her audience and offers practical tips to help you achieve your life goals. Whether you need to pay down your debt or add to your retirement savings account, Suze Orman stresses the value of early planning, living within your means and creating an eight-month emergency cushion.During her “Can You Afford It” segment, Orman closely examines each caller’s financial situation to determine whether they can afford a particular purchase — vacation, new home, home remodel, etc. Plus, she addresses a number of viewer questions and concerns via webcam. Tune in every Saturday night and she’ll motivate you to take a hard look at your own finances and make financial decisions based on logic, not emotion.
2. Money 911 – NBC Today Show
David Bach, one of the financial experts on Money 911, provides on-air answers to questions received by Today Show viewers. Bach tackles questions on topics, such as credit card debt, home appraisals, mortgages, investments and saving. He educates viewers on the difference between good debt and bad debt, and he preaches the importance of financial freedom through debt elimination. Learning how to live on less is Bach’s strategy for finishing rich.3. Clark Howard Show – HLN
Clark Howard believes that saving money and penny-pinching is the way to survive tough financial times. Always on the watch for the next best deal, Howard offers advice for scoring discounts on practically everything — vacations, mobile phone service, groceries and entertainment. His tips will make you think twice about paying full price. And once you master the art of comparison shopping, you’ll understand the connection between smart spending and personal wealth.4. Til Debt Do Us Part – MSNBC
Financial expert Gail Vaz-Oxlade takes couples therapy to another level. Each week she meets with a different couple and helps them through their toughest financial problem — consumer debt. There’s no sugarcoating as Vaz-Oxlade forces couples to come face-to-face with their balances and realize the long-term consequences of excessive spending.Through a series of challenges, couples learn how to live on less and develop a financial recovery strategy. For couples who follow her advice, they receive a considerable sum to help pay down their debt balances. (Photo: CBC)
As a personal finance junkie who made many money mistakes in my early twenties, I believe in the importance of learning smart money skills young — preferably before graduating high school. Let’s face facts, a large percentage of high school seniors will never use the formulas they learn in advance mathematics courses. But they will write a check, apply for a credit card, buy a house and eventually retire.
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