Top 4 courses to take online to help you with financial literacy

Dealing with your finances can be a daunting task. There are so many ins and outs of it that trying to keep track and understand can make your head spin. Unfortunately, it is an important necessity in life to know how to manage your money prudently if you want to make the most out of it. There are many aspects to financial management which include saving, budgeting, borrowing, and investing. Each of these entities has its own facets that require knowledge in order to stay on top of your finances. Listed below are some recommended online courses you can enroll in to help sharpen your skills and knowledge on the topic. 

Financial Fitness Course – Davidson Institute

This free, relatively brief course outlines some key basic factors when it comes to money management. It is aimed at the younger audience, but anyone is free to take the course and is recommended for anyone who may have not gotten their finances in order due to a lack of knowledge on the subject.

The course has information on the mindset of money, taxation, and superannuation. It also has videos giving you advice and information on how to create an effective money plan, have good spending habits, tips for saving, as well as information on how to buy your first home.

edX Finance for Everyone: Smart Tools for Decision Making

This self-paced course coming out of the University of Michigan is an approximately 6-week course where you learn for 5 to 6 hours per week. This free course offers an introduction to the world of finance and how gives insight on how to improve your financial literacy in a college-lecture form of education. You do have the option to pay $49USD to get a certificate of completion, but that is more for your personal accomplishment rather than meaning something when applying for a job. 

Marginal Revolution University’s (MRU) – Money Skills

This is a great video course for those who are new to the finance game. Two professors provide helpful and direct information on subjects such as investing, real estate, career, and saving. If you want to buy shares in Australia, then you want to be somewhat savvy with the stock market before you take the plunge. The only way you can do this is to have an understanding of your finances first to be able to make a decision on where to invest. This is why this site is a great place to start. 

If you build a foundation of basic knowledge of how to handle your finances, then it will be easier to expand your knowledge of it going forward. The MRU course provides just this: rudimentary, but vital information that can be otherwise overlooked once you get kicked into the bustling world of financial responsibility.

Khan Academy’s Personal Finance Classes

This non-profit organization covers a wide range of ways to protect your financial interests. The course covers aspects of life that are not covered in school such as how taxes work, how interest and debt work, and the importance of investing and what it means to you in the long term. This is a highly popular course and should be at the very least investigated to see if it provides information relevant to you and your situation.

Educating yourself on finance is a fantastic way to ensure that you have the knowledge you need to secure your own financial future.