Starting and growing a podcast takes work and many podcasters eventually want to monetize their shows and make money. 

It makes sense that many newer podcasters start out using Anchor because it’s 100% free. So how does Anchor make money giving away free service?

If you decide to use Anchor Sponsorships to monetize your podcast, they take a 30% cut of your earnings plus an additional processing fee. Ouch! 💸

If you monetize and your show gets popular, you’ll be paying significantly more to use their “free” service than you would with another host like where you have more control, options, and features.

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By MD Abdullah

Abdullah is a former educator, lifelong money nerd, and a Plutus Award-winning freelance writer who specializes in the scientific research behind irrational money behaviors. Her background in education allows her to make complex financial topics relatable and easily understood by the layperson. She is the author of four books, including End Financial Stress Now and The Five Years Before You Retire.

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