Objects are chiral when they cannot be superimposed with their mirror image. Materials can emit chiral light with an excess of right‐ or left‐handed circular polarization. This circularly polarized luminescence (CPL) is key to promising future applications, such as highly efficient displays, holography, sensing, enantiospecific discrimination, synthesis of drugs, quantum computing, and cryptography. Here, a practical guide to CPL spectroscopy is provided. First, the fundamentals of the technique are laid out and a detailed account of recent experimental advances to achieve highly sensitive and accurate measurements is given, including all corrections required to obtain reliable results. Then the most common artifacts and pitfalls are discussed, especially for the study of thin films, for example, based on molecules, polymers, or halide perovskites, as opposed to dilute solutions of emitters. To facilitate the adoption by others, custom operating software is made publicly available, equipping the reader with the tools needed for successful and accurate CPL determination.