79 episodes

Why is personal finance so complicated? Even worse, the Internet is full of personal finance “experts” providing short-sighted, error-prone, and outright bad financial advice.

Jesse Cramer has a knack for using everyday experiences to make personal finance accessible for the average investor. His extensive research coupled with skilled narrative makes personal finance actually enjoyable.

By day, Jesse works for a fiduciary wealth management firm in Rochester, NY. By night, he runs The Best Interest - nominated in 2022 for "Personal Finance Blog of the Year.”

The Best Interest simplifies personal finance and investing to make your life easier, smarter…and a little richer, too. Come invest in knowledge with The Best Interest.

The Best Interest Podcast Jesse Cramer

    • Business
    • 4.9 • 58 Ratings

Why is personal finance so complicated? Even worse, the Internet is full of personal finance “experts” providing short-sighted, error-prone, and outright bad financial advice.

Jesse Cramer has a knack for using everyday experiences to make personal finance accessible for the average investor. His extensive research coupled with skilled narrative makes personal finance actually enjoyable.

By day, Jesse works for a fiduciary wealth management firm in Rochester, NY. By night, he runs The Best Interest - nominated in 2022 for "Personal Finance Blog of the Year.”

The Best Interest simplifies personal finance and investing to make your life easier, smarter…and a little richer, too. Come invest in knowledge with The Best Interest.

    An Informative Debate: The Most Important Rules of Personal Finance | Justin Peters - E78

    An Informative Debate: The Most Important Rules of Personal Finance | Justin Peters - E78

    Jesse starts this episode with an engaging monologue: how exactly does The Best Interest generate revenue? Jesse answers this question and asks YOU for your help in ensuring The Best Interest continues as a terrific free financial resource. 
     
    And then Justin Peters joins for the second half of the episode. Justin hosts The Struggle is Real, a podcast about adulting through your twenties. He’s also a co-founder of SimplePod Studios, which produces The Best Interest Podcast. In this episode, Justin and Jesse discuss, compare, and contrast their top five “Golden Rules” of personal finance. If you’re looking for an insightful, fun, and fast-paced conversation, this is the episode for you. 
     
    Key Takeaways:
    How does The Best Interest make money?
    The intersection of Jesse’s professional life and The Best Interest
    Why you need to track your money!
    How gift cards trick you into spending more.
    The best investment is in yourself.
    Simple is better than complex (almost always).
    Why and how you should prepare for risk.
    Why you MUST automate your finances, as much as possible.
    Think long term, but don’t forget the present.
     
    Mentions:
    🌐 Website: https://simplepodstudios.com/ 
    👉🏼 LinkedIn: https://www.linkedin.com/in/justinleepeters/ 
    🎙️ Podcast: https://www.tsirpodcast.com/ 
    🧠 The RRTTLLU Framework: https://bestinterest.blog/rrttllu/
     
    More of The Best Interest:
    Check out the Best Interest Blog at bestinterest.blog
    Contact me at jesse@bestinterest.blog
     
    The Best Interest Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.

    • 1 hr 12 min
    A Market Crash is Coming! (…Eventually) | Peter Lazaroff - E77

    A Market Crash is Coming! (…Eventually) | Peter Lazaroff - E77

    Peter Lazaroff is the host of The Long Term Investor podcast and serves as the Chief Investment Officer at PlanCorp, a registered investment advisory in St. Louis. On today’s show, Jesse and Peter talk about the cognitive challenge of investing at all-time highs. It’s normal to feel like a crash might be coming; but it always feels that way, and you shouldn’t be worried about it. If you’re a long-term stock market investor and want to think a little more rationally or learn, this is the episode for you! 
     
    Key Takeaways:
    Why you should expect corrections and bear markets,, but shouldn’t worry about them.
    Why the stock market keeps going up, regardless of the political party in power.
    Should you continue investing when the market is at an all-time high?
    Why you shouldn’t be worried about what’s happening in the short run. 
    How the evidence cuts both ways in investing, and how to simplify it.
    Why you should diversify into global stocks.
    How to prepare for a bear market.
     
    Mentions:
    🌐 Website: https://peterlazaroff.com/ 
    👉🏼 LinkedIn: https://www.linkedin.com/in/peterlazaroff/ 
    🎙️ The Long Term Investor Podcast: https://peterlazaroff.com/podcast 
    📚 The Market Crash Is Coming! (…Eventually): https://bestinterest.blog/market-crash/ 
    📚 “Boring” Money Topics That I Find Fun: https://bestinterest.blog/boring-money-topics-that-i-find-fun/ 
    📚 Decades of Zero Return: https://bestinterest.blog/decades-of-zero-return/ 
     
    More of The Best Interest:
    Check out the Best Interest Blog at bestinterest.blog
    Contact me at jesse@bestinterest.blog
     
    The Best Interest Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.

    • 56 min
    Don’t Make Your Own Pizza?! | Jared Dillian - E76

    Don’t Make Your Own Pizza?! | Jared Dillian - E76

    Jared Dillian is a former Wall Street trader at Lehman Brothers, an author of 4 books, and daily writer a newsletter for financial professionals called The Daily Dirtnap. He’s sharp, witty, and brings great energy to today’s conversation. In this episode of The Best Interest Podcast, we learn about "The Allegory of the Sandwich" and how you can pay for the small stuff by thinking carefully about the big stuff! If you’re looking to hear unique takes on the FIRE movement and your daily latte, this is the episode for you!
     
    Key Takeaways:
    How taxes can actually be interesting!
    The power of waiting (for decades)
    The foundational importance of cash flow
    Preparing for life via insurance
    How being smart about the big decisions will help you not sweat the small stuff.
    Why Jared doesn’t want to retire (ever).
    Why you shouldn’t make your own pizza.
    The Allegory of the Sandwich.
    Why the goal should be happiness, not a number.
    When is it worth it to make more money?
    How financial stress doesn’t necessarily depend on how much you make.
     
    Mentions:
    🌐 Website: https://www.jareddillianmoney.com/ 
    👉🏼 LinkedIn: https://www.linkedin.com/in/jared-dillian-411aaa1b/ 
    🎙️ BE SMART Podcast: https://www.jareddillianmoney.com/podcasts 
    📚 No Worries: How to live a stress-free financial life by Jared Dillian: https://amzn.to/4atCxiz
    📚 The FIRE Movement by Jared Dillian: https://wggtb.substack.com/p/the-fire-movement
    📚 “Boring” Money Topics That I Find Fun by Jesse Cramer: https://bestinterest.blog/boring-money-topics-that-i-find-fun/ 
     
    More of The Best Interest:
    Check out the Best Interest Blog at bestinterest.blog
    Contact me at jesse@bestinterest.blog
     
    The Best Interest Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.

    • 53 min
    Growth Mindsets to Afford Anything | Paula Pant - E75

    Growth Mindsets to Afford Anything | Paula Pant - E75

    Paula Pant writes, podcasts, and speaks on financial independence, money management, and financial literacy. As the host of the Afford Anything Podcast, Paula has racked up more than 30 million downloads, ranking the show among the Top 50 Business Podcasts on Apple Podcasts. In this episode we learn how Paula realized she could travel the world on a limited income and eventually go on to financial independence through Afford Anything. If you’re looking for some growth mindset inspiration that will help you broaden your perspective, this is the episode for you!
     
    Key Takeaways:
    - How to move on (and grow) after financial mistakes.
    - Why we need reminders and safety measures.
    - How to afford anything with the power of priorities.
    - How Paula traveled the world and never got a job again.
    - What cap rate you should be looking for in a rental property.
    - Why you should start 10X thinking, rather than penny pinching.
     
    Mentions:
    🌐 Afford Anything: https://affordanything.com/ 
    👉🏼 LinkedIn: https://www.linkedin.com/in/paulapant/ 
    🎙️ Afford Anything Podcast: https://affordanything.com/podcast/ 
    📚 Are We In The Best Stock Market Period…Ever? https://bestinterest.blog/the-best-stock-market-period-ever/ 
    📚 Should You Keep Investing At All-Time Highs? https://bestinterest.blog/investing-at-all-time-highs/ 
    📚 The Incredible Power of 10X Thinking https://affordanything.com/any-benefit/ 
     
    More of The Best Interest:
    Check out the Best Interest Blog at bestinterest.blog
    Contact me at jesse@bestinterest.blog
     
    The Best Interest Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.

    • 52 min
    Picking Stocks - Does It Ever Work?! | Brian Feroldi - E74

    Picking Stocks - Does It Ever Work?! | Brian Feroldi - E74

    Brian Feroldi is a prolific creator in the financial education space, having written over 3000 articles for the Motley Fool, published a book, “Why Does The Stock Market Go Up?”, and actively posting to his YouTube Channel. In this episode, Brian breaks down his checklist for what makes a company worth investing in and provides some insight into what we should do before we jump into investing. If you’re interested in personal investing and some great guidelines to go along with it, this is the episode to listen to.
     
    Key Takeaways:
    What is the index fund bubble? And what are some prominent thoughts on it?
    Should you be worried about an index fund bubble?
    How to get a sense of a company worth investing in.
    What criteria Brian uses when deciding what to invest in?
    Why you should “never interrupt your compounding unnecessarily.”
    Why you should take care of the boring before the exciting.
    Why you should keep your personal life and your investing life separate.
     
    Mentions:
    🌐 Brian Feroldi: https://www.brianferoldi.com/ 
    🌐 Long Term Mindset: https://brianferoldi.substack.com/ 
    👉🏼 LinkedIn: https://www.linkedin.com/in/brianferoldi/ 
    📚 Checklist: https://brianferoldi.ck.page/checklist 
    📚 Why Does The Stock Market Go Up? By Brian Feroldi: https://amzn.to/3Ij1Yax
    🌐 Raoul Pal: https://www.youtube.com/@RaoulPalTJM 
    🌐 Ben Felix: https://www.youtube.com/@BenFelixCSI  
    🎙️ Odd Lots: Why The Rise of Passive Investing Might Be Distorting The Market: https://omny.fm/shows/odd-lots/why-the-rise-of-passive-investing-might-be-distort 
    🎙️ Animal Spirits Podcast: https://awealthofcommonsense.com/podcast/ 
    📚 The Motley Fool: https://www.fool.ca/ 
    🌐 More on The Index Fund Bubble:  https://bestinterest.blog/index-fund-bubble/
     
    More of The Best Interest:
    Check out the Best Interest Blog at bestinterest.blog
    Contact me at jesse@bestinterest.blog
     
    The Best Interest Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.

    • 57 min
    People Need Informative Straight-Talk About Money (And Jokes, Too) | Joe Saul-Sehy - E73

    People Need Informative Straight-Talk About Money (And Jokes, Too) | Joe Saul-Sehy - E73

    Joe Saul-Sehy is one of the hosts of Stacking Benjamins, which is one of the most listened-to podcasts in the personal finance space. In this episode, we discuss how to find a good financial advisor, how to chase time (not money), and even how to decide what your top priority is in life. If you’re looking for an educational listen with plenty of laughs along the way, then this is the episode for you!
     
    Key Takeaways:
    What you need to ask any financial advisor you’re considering working with. 
    How Joe uses storytelling to make money make sense.
    Who you need to surround yourself with to find success.
    Before you ask what the cost is, ask what you’re getting in return. 
    Why you need to chase time, not money. 
    How to put your goals in an MMA cage match to determine your priorities.
     
    Mentions:
    🌐 Website: https://joesaulsehy.com/ 
    👉🏼 LinkedIn: https://www.linkedin.com/in/joe-saul-sehy-b3426b31/ 
    🎙️ Stacking Benjamins: https://www.stackingbenjamins.com/ 
    📚 Stacked: Your Super-Serious Guide to Modern Money Management by Joe Saul-Sehy and Emily Guy Birken https://www.amazon.ca/Stacked-Super-Serious-Guide-Modern-Management-ebook/dp/B092HGBFB5
    📚 “I Wouldn’t Know Where to Start” – 16 Questions to Ask A Financial Advisor by Jesse Cramer https://bestinterest.blog/financial-advisor-questions/ 
    📚 The 19 Questions to Ask Your Financial Adviser By 
    Jason Zweig https://www.wsj.com/articles/the-19-questions-to-ask-your-financial-adviser-1503654013 
     
    More of The Best Interest:
    Check out the Best Interest Blog at bestinterest.blog
    Contact me at jesse@bestinterest.blog
     
    The Best Interest Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.

    • 1 hr 4 min

Customer Reviews

4.9 out of 5
58 Ratings

58 Ratings

Frankie Ravs ,

Compound Handsome

Jesse’s 5-Star podcast is appropriate for the nascent investor or the hardened dollar-cost averaging acolyte. Come for the practical wisdom, remain for the dulcet tones, and convert dollars into long-term soldiers. Like the Heaven’s Gate cult, you soon be drinking the 401Kool-Aid and accelerating your net worth faster than the Hale-Bopp comet. I’ll hang up and listen.

Kells123321 ,

Underrated and educational!

I’m ~30 episodes in. I love the relevant topics, how easy it is to understand. Jesse has a real skill for making digestible breakdowns of complex topics.

As good as any finance podcast out there! Flies under the radar, deserves to get famous!

longbch99 ,

One of the best

I listen too several retirement and investing podcasts, and this is one of the best.

Jesse does a great job explaining things, has interesting guests and has an excellent and informative website.

Recommend!

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