Personal finance is all about saving, spending, investing, and safeguarding your money so you may live the life you want. Personal finance, on the other hand, isn’t taught in school, and managing your money can be challenging. It’s common to be forced to learn personal finance by trial and error, and it’s all too easy to make mistakes that can have long-term ramifications. It requires information, skills, and the appropriate mindset to master money management.
You can learn the essential principles of money management from dozens of personal finance books written by best-selling writers. A personal finance course, on the other hand, may be a better alternative if you prefer supervised instruction with the opportunity to put what you’ve learned into practice.
The top personal finance courses provide you the chance to learn from specialists who can take you step by step through the most important aspects of personal finance while also assessing your knowledge. While there are numerous free or low-cost personal finance classes available, it’s critical to choose one that is well worth your time. To help you focus your search, we’ve reviewed the finest personal finance courses in six areas.
edX’s Finances for Everyone
edX’s Finances for Everyone is the most comprehensive free course available. But it’s the course’s college-style structure that sets it apart, keeping students on track with quality instruction and resources while giving them a one-of-a-kind learning experience.
The University of Michigan created the edX course, which is taught by Gautam Kaul, Professor of Finance at the Ross School of Business at UM. It’s a six-week course (five to six hours per week) that consists of weekly learning sequences made up of short films with interactive learning exercises that allow students to put what they’ve learned into practice.
Ramsey Solutions’ Ramsey+
Ramsey+ is home to a vast community of Dave Ramsey’s students who are there to learn and show their support to other students, in addition to offering top-tier educational courses and tools.
There is no one more well-known than Ramsey for individuals who want to learn from true experts. He is the author of many best-selling personal finance books and the host of a nationally syndicated radio talk program with millions of listeners. His Financial Peace University, which employs financial counselors all around the country, has taught thousands of individuals how to manage their money.
When it comes to educational courses, free isn’t always free if you’re investing your time. With Khan Academy’s 15 years of experience creating high-quality courses, you can be confident that your time will be well spent.
Sal Kahn created Khan Academy, a non-profit educational organization, in 2008 and has since grown it into a global leader in free online education. Sal, who has a background in finance, devised and taught the personal finance course in major part.
BEST FOR LEARNING BEHAVIORAL FINANCE – Duke University
To handle your economics, you must first comprehend how your actions affect your financial decisions. Duke University has invested its academic clout in the development of its Behavioral Finance Course, making it our top recommendation for mastering behavioral finance.
Benefits of a university-based course
Instruction from a professional
Pay special attention to the behavioral components of personal finance.
There is no interaction with the professors or other students.