One of the most fundamental parts of a person’s livelihood is learning about personal finance, a term used to describe how money is managed. It essentially covers everything from how you earn and spend your money to how you save, invest and borrow it.
However, despite its importance in our daily lives, personal finance is a topic that has historically been left out of school curricula, although that is now changing. As a result, many adults today have been left without any proper education or guidance on how their finances really work.
Fortunately, there are a plethora of resources available online, including blogs and YouTube channels, that break down the basics of personal finance to help anyone start learning. For a more organized approach, there are also online courses, taught by professionals and vetted industry experts that are just a couple of clicks away.
Below, Select outlines four free online personal finance courses that can help you get started on your financial journey, and they don’t take a lot of time.
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1. “Personal Finance 101: Everything You Need to Know” from Udemy
A good place to start learning about personal finance is through his “Personal Finance 101: Everything You Need to Know” course. By watching animated videos, users can learn basic personal finance topics like saving for college, planning for retirement, and the ins and outs of credit cards.
This three-hour class requires no prior knowledge of finance or statistics and will guide you through concise online lectures lasting no more than a few minutes each. More than 55,000 people are enrolled, and reviewers are generally satisfied with the content, giving the course an average rating of 4.5 out of 5 stars. You’ll need to pay for a certificate of completion if you want one, but the rest of the course video content is available for free.
2. “My Financial Mountain: Understanding Your Path to a Strong Financial Foundation” from Skillshare
You may have already heard of Skillshare as it is a popular online learning community that offers all kinds of educational classes.
Although Skillshare is a subscription-based service, you can still sign up for a free trial and receive unlimited access to over 35,000 classes. You can cancel the free trial at any time; once it lapses, you will be charged $168 for the yearly premium subscription plan.
We recommend that beginners sign up for the free trial and take a course called “My Financial Mountain: Understanding Your Path to a Strong Financial Foundation” – it’s only 24 minutes long and allows you to cover topics like saving for the future and financial planning. . .
While it’s definitely not a deep dive into personal finance and you won’t receive a certificate for completing it, this class will help get newbies on track to understand the key concepts as it will also guide you through seven steps you can take to establish a solid financial foundation.
With an enrollment of about 850, this course exceeded 33% of reviewer expectations and met 50%.
3. “Introduction to Managing Your Personal Financial Debt” by Alison
Alison, short for Advanced Learning Interactive Systems Online, is an educational platform that offers free online courses with certificates and diplomas, although the latter are available for purchase. Users can use their programs to learn skills such as accounting, contract law, business management, and graphic design, and there are plenty of personal finance courses available.
One we suggest trying is Alison’s “Introduction to Managing Your Personal Finance Debt,” since so much of personal finance is about balancing the different types of debt you may have. This free course will teach you how to prioritize which debt to pay off first, how to organize your debt using a spreadsheet, and how to negotiate interest rates with credit card companies, among other skills.
In 1.5 to 3 hours, you can learn about responsible debt management methods with the goal of preventing or alleviating personal debt problems. Along with the 40,000+ people who are also signed up, he will earn a certificate and become an Alison graduate by achieving 80% or higher on all assessments.
Reviewers call this course “very informative” and “easy to follow,” while boasting a near-perfect five-star average rating.
Those interested in learning more can check out Alison’s free courses on wealth building, retirement savings, and financial freedom, all of which take less than three hours to complete.
4. “Create a Budget with Google Sheets” from Coursera
We especially like his “Create a Budget with Google Sheets” class, which teaches budgeting and navigating Google Sheets like a pro. Let’s face it, spreadsheets are the key to getting a good overview of your money.
In just one hour, you’ll learn how to create, format, and update your budget to help you reach your financial goals. Some 8,000 people are already registered and the course has an average rating of 4.7 out of 5 stars.
While you won’t earn a certificate for completing this course, you’ll end up with a professional budget to help you keep your finances in order.
Thanks to free online personal finance courses, like the four we outlined above, anyone with Internet access can learn money management from trusted sources.
No matter how old you are or where you are in life, remember that it’s never too late to educate yourself on financial best practices. Not only will it be literally worth doing, but you also won’t have to sacrifice a lot of time to log in and learn.
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Editorial note: Any opinions, analyses, reviews, or recommendations expressed in this article are solely those of Select’s editorial staff and have not been reviewed, approved, or otherwise endorsed by any third party.