As you know if you’ve visited the Resources for Investing page, I love podcasts. I also love audiobooks. The audio format allows me to learn while I drive and while I’m working out or doing chores around the house, helping me to maximize my time.
Over Thanksgiving break I began a free trial of Audible, and I wanted to share my initial impressions now that I’m 3 books in on the Audible platform.
First, the app itself is very well done. It’s simple to use, easy to bookmark, has adjustable reading speeds, and has a car mode pictured in the image above. I really like the large size of the buttons and hands-off feel of the car mode. I listen at about 1.2 to 1.3 speed in general.
I’ve been impressed with the app, but what about the offerings? The latest, most popular books are available, but the catalog is not as deep as a print catalog. I chose 3 currently popular books that are hard to borrow at the library for my 3 freebies (more on that in a moment): Ray Dalio’s Principles, Chris Voss’s Never Split the Difference, and Mark Manson’s The Subtle Art of Not Giving a F*ck.
When you first sign up, Audible offers 2 freebies for your 30 day trial, and you have the option of canceling at any time. I received a 3rd freebie by email after two weeks on the trial, so I feel like I’ve received a ton of value out of the free trial. 3 books, for free! I can easily listen to 3 books in a month, and I’m relistening to them now to solidify my takeaway learning points.
Is the paid version worth it? Personally, I think the paid version is a bit expensive, at $14.95 per month for one book per month. I think at $4.95 a month, I’d be hooked, but $14.95 is pushing it. Given that I’ve gotten 3 books for free, I’m happy to stay on for 1-2 paid months and get a few more books and see if more freebies are forthcoming, and that’s largely due to the massive value I feel that I’ve already received.
If you’re interested, you can check out the free trial of Audible and see for yourself. You can cancel at any time, including during the free trial, if you so choose.