19% of Americans Get Money Advice From TV: What Should They Watch?
Written by
Heather Taylor
Edited by
Gary Dudak
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Over the past year, 19% of Americans have sought money advice from television.
In its 2023 Top Money Experts survey, GOBankingRates polled 1,045 Americans about their primary sources for financial advice. In the past year, 19% of overall respondents said they turned to TV for personal finance reasons — a 5% increase from 2022. Of all the generations surveyed, Gen Z came out on top with 25% using TV to learn about money.
Whether you’re watching a personal finance expert’s series on a streaming service or turning on a cable network program, there are many ways viewers can use TV for financial literacy purposes. If you’re planning to watch TV for money advice, consider tuning in to these shows.
Squawk Box
Since 1995, thousands of Americans have started their mornings by watching “Squawk Box.”
Co-hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin, each episode covers pre-market news and Wall Street discussion on the day’s financial trends. Prominent CEOs and founders also stop by to share their insight on timely topics like the debt ceiling and summer travel with the show’s co-hosts. “Squawk Box” airs on CNBC.
Shark Tank
If you’re a fan of Scrub Daddy cleaning products or Bombas socks, you know these inventions made their debut as a pitch on “Shark Tank.”
In each episode of the reality series, a panel of “sharks” including Mark Cuban, Daymond John, Barbara Corcoran, Robert Herjavec, Lori Greiner and Kevin O’Leary review pitches from aspiring entrepreneurs and determine if they will invest in their companies. Viewers thinking about starting a business can take notes to determine if their unique ideas have what it takes to receive an investment from these experts. “Shark Tank” airs on ABC and streams on Hulu.
The Dave Ramsey Show
Do you have a question about personal finance? Money expert Dave Ramsey has an answer on his show “The Dave Ramsey Show.”
Each episode covers a variety of relatable personal finance topics many people have questions about, including which side hustles to work for extra cash, how to get out of a cycle of debt, tipping culture, real estate predictions and more. “The Dave Ramsey Show” can be watched on YouTube or listened to via podcast.
How to Get Rich
“How to Get Rich” is a relatively new financial series streaming on Netflix. Hosted by Ramit Sethi, author of “I Will Teach You To Be Rich,” the series follows Sethi as he helps real people across America dive into their finances and achieve a rich life.
Jay Zigmont — PhD, CFP and founder of Childfree Wealth — recommends this series to his clients. “It’s a great look into real finances and real solutions. As adults, we tend to learn best by experiences, and here is an opportunity to learn from others’ experiences.”
Madoff: The Monster of Wall Street
While it does stream online, technically this is a documentary and not a TV program. Part of a strong financial foundation means being able to understand pyramid schemes and recognize fraudulent behaviors to ensure you don’t fall victim to scams.
Zigmont also recommends his clients watch this documentary for cautionary tale purposes. “It provides a look into how fraudsters work and hopefully helps people to learn what to watch out for.”
“Madoff: The Monster of Wall Street” streams on Netflix.
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