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Budget to Start Your Own Podcast

Here’s everything you’ll need to save for to start your own podcast—from a podcast starter kit to a full studio of podcasting equipment.
Podcast studio with microphone and recording software

Social media has quickly become the best way to make your voice heard. Whether you have a business that you want to promote online, or just have ideas you think need to be heard, a podcast is a great tool for getting your message out into the world. But where do you start? Here are a few tools you need to budget for to get you rolling.

Computer

These days, just about everything can be done on a computer. If you’re just starting out, and don’t want to commit to spending a lot, you can use the built-in microphone to record your voice, and video-capturing capabilities if you plan on adding YouTube to your repertoire. Heck, you can even run an entire business from your laptop. Just ask Zim Ugochukwu, who manages to run her entire website while traveling around the world. She uses videos, photos, and the occasional podcast in order to help draw in an audience. She’s managed to make her website, Travel Noire, a must-view for travelers all over and has even grown it into an enterprise that provides opportunities for others to share her experiences in person, all through the use of online tools. In order to get your podcast ready for all the world to hear like hers, you’ll want to invest in a top-quality piece of equipment that you can take with you wherever you go. That way, you can make a quick podcast in a snap.

Computer
$1500

Recording equipment

Every podcast starter kit requires recording equipment. While your laptop is a great option while you’re on the road, you’ll probably want to invest in something a little more professional for your at-home recording studio. A condenser mic is optimal for recording a podcast in a studio in order to obtain crisp, high-quality sound. One of these will likely run you about $200 starting out. You’ll also need software that’ll help you transfer to and edit your recordings on your computer.

Recording equipment
$750

Video equipment

While standard podcasts have traditionally been audio-only files that were handy for hands-free listening, a lot of current content creators are changing the way we think about podcasts by including video. If you want to take this route, you’re going to need a few more pieces of podcasting equipment. The video doesn’t have to be movie quality, just good enough to get your point across and effectively share your experiences. Your phone will usually do just fine, so make sure to grab a selfie stick or video drone to help you record your actions while you talk.

Video equipment
$500

Getting it online

Once you’ve recorded your podcast, gotten it on your computer, and edited it, how are you going to get it online? There are plenty of options available for this, all with their own varying price tags. There are online video hosting sites like YouTube, which is free. Another great option is to start your own website. In between those options lies audio hosting websites. You could even post your stuff on iTunes for people to purchase. Many podcasters prefer to have their own site, which helps you retain control over your podcast, and allows you to remove and edit at will.

Website build
$500

Disclaimer: Hey! Welcome to our disclaimer. Here’s what you need to know to safely consume this blog post: Any outbound links in this post will take you away from Simple.com, to external sites in the wilds of the internet; neither Simple nor our partner banks, The Bancorp Bank and BBVA Compass, endorse any linked-to websites; and we didn’t pay/barter with/bribe anyone to appear in this post. Zim Ugochukwu is not a Simple customer. And as much as we wish we could control the cost of things, any prices in this article are just estimates. Actual prices are up to retailers, manufacturers, and other people who’ve been granted magical powers over digits and dollar signs.