Though we were taught a lot of essential subjects in school, 'how to make money' wasn't really one of them. Nor was there a subjective exam ever conducted on a subject like 'how to manage taxes'. These are essential topics that everyone should know about in today's day and age.
Here are four finance influencers who are teaching basic finance and much more through Youtube.
CA RACHANA RANADE
CA Rachana Ranade's Youtube channel goes by the name 'CA Rachana Phadke Ranade', and her Youtube journey began back in 2015. But her channel went viral post-2019, when her series 'Basics of Stock Market'' went viral among her students, and then spread across other audiences.
Next, she started sharing basic videos for beginners in the stock markets and simplified every concept for her online audience. She found her videos gaining popularity.The Youtube audience was looking for more ways to make money during the pandemic.
Over time, she created videos on mental habits, investment opportunities, pensions schemes, tax-saving opportunities, stock analysis for IPOs, and even did live streams to connect with her audience. Her easy language, ability to drive home a point, relatability with her audience and storytelling worked wonders with her viewers. In May 2022, she even began a new channel to teach finance in Marathi to reach wider audiences.
2. CHELSEA FAGAN
Chelsea Fagan is the founder of the Youtube channel and finance blog ''The Financial Diet'' (TFD). Though finance can make you cry in the most unexpected times, the channel talks about personal finance in a way that doesn't make you want to curl up into a ball. Chelsea shares lessons from everyday experiences with fancy videos. TFD mainly focuses on budgeting, financial lessons that can be learned from big and small changes, and financial behaviors that may or may not work for you. She even draws lessons from movies which makes her videos even more interesting to watch.
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3. MUKUL MALIK
The person behind the channel 'Asset Yogi'', Mukul Malik, started the channel to spread financial literacy. On his channel, he simplifies complex concepts of real estate, stock markets, investment strategies for beginners, tax saving schemes and home loans. He started his channel in August 2017, and currently it has 2.99 million subscribers.
4. JASPREET SINGH
Jaspreet is a serial entrepreneur and licensed attorney who without even receiving formal financial education, talks about finance on his Youtube channel 'Minority Mindset'.
He started it as a hobby to teach others how to not make the same mistakes he made. Minority Mindset has now grown into a number of companies including Market Briefs (a free financial newsletter) and Market Insiders, (an investing education app). His channel has the most views on videos around smart money habits, passive income tips, and lies people tell you about money.