Best Personal Finance Courses | Family Finance


If you want to learn how to make smart financial decisions, save more eliminate debt, you’re in luck. Today, there are plenty of online personal finance classes offering money-management lessons.

Still, “people need to keep in mind that online personal finance courses should be seen as an education resource not specific personal financial advice,” says Drew Feutz, a certified financial planner at Market Street Wealth Management Advisors in Indianapolis. “The information learned from taking a personal finance course should be applied within the context of your own financial situation, rather than following everything that is taught 100% to a T.”

“Some things that you learn about in a personal finance course may not be applicable to you or may not be appropriate to implement in your own life,” Feutz adds, noting that too often, people read or hear something from a personal finance expert or a course that they are compelled to act on.

However, some personal finance class lessons can not only help you boost your money-management skills but also inspire you to reflect on saving spending patterns help you build a strong foundation for future success.

While some personal finance classes require a fee, fortunately they generally offer a high return on investment if you apply the information you learn to improve your finances. For this reason, you may want to consider learning more about topics such as Roth IRAs, 401(k)s, stocks, bonds, certificates of deposit strategies for eliminating credit card debt in an enriching online course.

With that in mind, here are 12 worthwhile online personal finance courses:

  • Financial Peace University.
  • Suze Orman’s Personal Finance Online Course.
  • Brigham Young University’s personal finance courses.
  • Udemy.com’s personal finance courses.
  • Purdue University’s Planning for a Secure Retirement.
  • Duke University’s Behavioral Finance Course.
  • The University of Illinois—Urbana-Champaign’s Financial Planning for Young Adults.
  • Alison.com’s Financial Literacy Course.
  • Smart About Money courses.
  • Money Skills.
  • Khan Academy’s personal finance classes.
  • Personal Finance by Missouri State University.

Financial Peace University

Cost: $129.99 after a 14-day free trial.

Why it’s worth considering: If you’re an admirer of Dave Ramsey, you may be interested in signing up for his affiliated educational course. It’s part of belonging to Ramsey+, which basically means you get an all-access membership to not just the course but Ramsey’s money tools, apps content.

Ramsey, the nationally syndicated radio talk show host, author all-around money guru, has financial counselors throughout the country teaching money-management classes through Ramsey+. However, this nine-class course, which covers topics such as getting out of debt building wealth, is also available online in 45- to 60-minute courses.

Suze Orman’s Personal Finance Online Course

Why it’s worth considering: Suze Orman, another renowned financial expert, offers a personal finance course that includes seven downloadable lessons covering topics like paying off debt, the best types of life insurance products to buy smart vehicles to invest in for retirement. While some critics suggest that Orman’s advice is too generalized unrealistic if you’re struggling to get from paycheck to paycheck, you may benefit from the course if you’re looking to learn the fundamentals of managing your finances. Best of all, the class comes with a 30-day money-back guarantee.

Brigham Young University’s Personal Finance Courses

Why it’s worth considering: There’s a wealth of information available in Brigham Young University’s free online personal finance classes, which offer beginner-, intermediate- advanced-level courses. Users can access the coursework for free learn with videos money-management assignments. The class offers a do-it-yourself approach covers topics such as tips for achieving financial independence, saving strategies, stock basics tips for setting achieving long-term financial goals.

Udemy.com’s Personal Finance Courses

Why it’s worth considering: Udemy.com, a popular online learning platform, features numerous personal finance classes. For instance, there’s “The Complete Personal Finance Course: Save, Protect, Make More,” taught by Chris Haroun, a venture capitalist author. The class includes 121 lectures, covering topics like understanding your credit score, the best ways to file taxes how to create the perfect budget, that span 16 hours of on-demvideo. At the time of this writing, the class cost $28.99. Other classes may cost more or less, but keep in mind that you can often find coupon codes that slash the prices by up to 90%.

Purdue University’s Planning for a Secure Retirement

Why it’s worth considering: This online course, located on Purdue University’s College of Agriculture page, has 10 modules, all with lessons designed to teach you how to have a successful retirement. Like the BYU course, it’s self-guided, you can learn about topics such as understanding your risk tolerance when saving for retirement navigating simplified employee pensions. While the course offers a wealth of information, it’s best suited for those interested in learning how to achieve a financially stable retirement.

Duke University’s Behavioral Finance Course

Cost: Free without certification; varying prices for course certification.

Why it’s worth considering: Coursera.org, a platform offering classes taught by university professors throughout the world, offers courses where students can interact with professors, receive graded assignments earn certifications for their work, for a fee. But you can also find free classes at the website, including a three-week behavioral finance class from Duke University. In the class, you’ll learn how biases impact how much you spend on food, how to tip how much to allocate for insurance, along with tips for saving for retirement in a course taught by a university professor.

The University of Illinois—Urbana-Champaign’s Financial Planning for Young Adults

Cost: Free without certification; varying prices for course certification.

Why it’s worth considering: It’s another course you can find on Coursera.org is offered by the University of Illinois—Urbana-Champaign. If you’re looking for a class designed for beginners, a young – or older – adult might enjoy this introductory personal finance online class. Some of the subjects you’ll cover include pretty much what you’d expect: financial goal setting, saving investing, budgeting, financial risk, borrowing credit.

Alison.com’s Financial Literacy Course

Why it’s worth considering: Alison.com offers free online finance courses that take six to 10 hours to complete. The financial literacy course covers key money concepts, including saving budgeting strategies tips for paying off credit card debt. The course also includes topics such as insurance retirement planning.

Smart About Money Courses

Why it’s worth considering: These are courses from the National Endowment for Financial Education, an independent nonprofit in Denver. It has courses for all ages, including a free financial program for high school students, a personal finance class called CashCourse for college-aged students a Smart About Money program for the more seasoned adults. The latter course covers topics such as “insurance taxes,” “retirement aging” “saving investing.” If you don’t know the difference between stocks, mutual funds bonds, what the pros cons are of each, you’ll soon find out.

Money Skills

Why it’s worth considering: This is a course from Marginal Revolution University, which may sound a little weird or offbeat, but it’s a website nonprofit founded by two George Mason University economics professors, Tyler Cowen Alex Tabarrok, who are building the world’s largest online library of free economics education videos (more than 900 so far). This Money Skills class has 10 videos financial exercises that Cowen Tabarrok lead. Some of the topics you’ll drill down in include investing, real estate career. The course is aimed at beginners but taught at the university level.

Khan Academy’s Personal Finance Classes

Why it’s worth considering: Khan Academy is a nonprofit that offers free education to anyone anywhere. But it often works with schools, so if you have kids, there is a good chance that they are familiar with this nonprofit can offer an opinion on whether you should take some of their coursework for adults. Khan Academy has a lot of free personal finance classes, with video lectures covering everything from taxes to car expenses how to pay for college. If you’ve ever wondered, for instance, about whether it’s better to lease or buy a car, you really want to discuss the nitty-gritty details, this may be the online money class for you.

Personal Finance by Missouri State University

Why it’s worth considering: Scoff at the generic title of the course; stay for the insightful lessons. The classes are only available on the iTunes app on an iPhone or iPad, but you can’t argue with free lessons on how to manage your money. You’ll get lessons on financial market investment fundamentals, how to use credit cards, how to go through personal bankruptcy if you don’t use credit cards properly, information on buying a house car intelligently plenty more.



Source link