Spectacular Financial Literacy Courses Available for FREE

Spectacular-Financial-Literacy-Courses-Available-for-FREE-compressorEducation centered around financial literacy and personal finance is just be a few keystrokes away.

Did you know that you could take FREE online classes, which could offer you a beginner’s and intermediate understanding of finances, whether that’s wealth management, financial, accounting, mutual funds, compound interest, debt, or savings, or wealth management? It seems that the options are endless.

There are countless resources on the web, offering users the valuable information they seek. While searching the vast internet, you sometimes happen upon a course that empowers you through the info shared during the program.  While many of these resources aren’t necessarily on par with fully developed college courses, some classes are very adept at providing keen insight on how to use financial literacy as an effort to foster a lifetime of economic well-being.

There can be a fee for graded work. However, all materials are available at no cost. For full financial literacy, it’s essential to examine behavior economics, competency about daily spending, and an understanding of stock movement. The variety of courses featured online can provide a clear, functional career path that can construct a healthier and more stable financial reality for many.

So you might be asking, ‘Where do you go to find these incredible, free classes, which could change my financial trajectory?” MOOCs.

If you venture over to Massive Open Online Courses (MOOCs) or  Coursera, you’d quickly learn that there are multiple courses that speak to a need for addressing finances. For instance, “Personal & Family Financial Planning,” “Organizational Behavior: How To Manage People,” “English for Media Literacy,” and “Finance for Non-Financial Professions” demonstrate the variety. The courses placed on MOOC are aimed at unlimited participation and open access via the web, which means that it’s designed to be utilized by anyone.

Read on to review a quick overview of some of the most acclaimed courses featured on the MOOCs’ website:

Behavioral Finance—Duke University


Understanding how decision-making errors impact your financial choices.

Review: “Generally it’s a fantastic online course, which gives me so much insight into an area I have previously unaware of. Behavioral Finance is meaningful because it takes human behavior factors into account of finance models, especially psychology factor. It offers me new insight into a study of interdisciplinary subjects. Class outlines and videos are well-organized and challenging. However, I think the test questions are sometimes a little bit difficult, and test2 and test3 should have answers and analysis like test1. It will always be better to review the knowledge you learned after making some mistakes and being eager to know the causes. I love the course!”

Financial Accounting: Foundations—University of Illinois, Champaign


Discover accounting basics, which effectively teaches you to manage your finances as you would a business.

“The Course is very practical. I really appreciate the practice quizzes since they allow me time to have a greater understanding of each lectured session. A very good course that I would recommend to anyone who desires to improve or refresh their knowledge of the principles that were explained in all the modules.”

The Art of Negotiation—University of California, Irvine


Learn important negotiation strategy, which could lead to more significant earning and greater wealth.

Review: “Very informative and useful course.“

Financial Literacy—Macquarie University


Gain a fundamental understanding of the basics: managing debt, savings, avoiding investment scams, and more.

Review: “This class is great for a very basic introduction to Financial Literacy. It gives you the framework from which to build a financial plan for your life including learning how to save, how to create a budget, and how to invest. It is not a very in-depth course, which is the only downfall to it, and it only takes probably an hour an a half for each week of work. But Professor Mordaunt is concise and at times entertaining.”

Securing Investment Returns in the Long Run—University of Geneva


Identifying the difference between active and passive investing, and provide insights on ROI.

Review: “This course deals mainly with the topic of evaluating the performance of investments and uses the outcomes to discuss the benefits of active and passive funds. Measures are introduced to evaluate the risk-adjusted returns of investments. In addition, evaluation tools for the performance of active managers are presented. The videos are of great quality. The quizzes could be more challenging.”

If you’re interested in learning more? Please visit Coursera and Open2Study.com.

5 Money Tips You Shouldn’t Ignore

5 Money Tips You Shouldn't Ignore | Ajay NagpalEveryone wants to be wise with money. However, not everybody knows how to do that, even if they aren’t spendthrifts. If you receive certain tips about personal finance from a pro or from someone who knows personally how to manage their finances, you should really listen. Here are five money tips you should never ignore.

Never Go Into Debt

One of the most obvious tips regarding your finances is to never go into debt. That means that if you have a credit card, be smart when you make purchases on it. The best thing to do is to never outspend beyond your means and always pay your credit card bills on time. It will ensure that you are paying off your debt in a timely manner and that you will have a good credit score. It is also helpful to have a credit card with a low introductory APR and initial zero percent interest rate.

Invest in Stocks

Many people make the mistake of putting their money in the bank and only in the bank. Although you will earn interest on whatever you have in your savings account, anything in checking gets zero interest. The best option, especially in the long term, is to invest your finances in the market. You will get the most out of your finances when you invest in stocks that are at least medium risk as the market fluctuates. In addition, investing ensures that your amount will increase over time. You may also want to sell stocks when they go high and stop investing when the market is down.

Invest in a Home

Investing in a home is always a good idea. Buying your own place to call home is better for your long term financial life and your life in general. In comparison, renting can end up becoming a considerably more costly venture because landlords can raise the rent if you aren’t lucky enough to get a place that is rent controlled. You can also increase the value of your home when you own it by making repairs and improvements over the years. Additionally, you can legally rent to tenants for some extra cash as well.

College is a Must

If you really want to earn a good salary, having a college education and degree is an absolute necessity. The majority of employers require a degree before they will consider hiring a new employee. However, keep in mind that you must be dedicated when you go to college. The worst thing to do is enter college, garner tons of student loans and then drop out.

Retire Mortgage Free

Avoid going into retirement with a mortgage. The last thing you want to do is to dip into your retirement funds early, because it results in big penalties later on. It can make retiring more of a burden than anything else because you will find that your retirement finances are depleted when you really need them.

With these helpful money tips, you will certainly become a personal finance master and can enjoy your money in the long term.

Ajay Nagpal, the Chief Operating Officer at investment management firm Millennium. Ajay Nagpal supports social entrepreneurship through his work as a Board member of Echoing Green. Please visit his social entrepreneurship blog to learn more about that! Also, find him on Behance!