4 Resources For Financial Educators

financial educationLikely, there are dozens upon dozens of organization and tools designed to help young people access essential knowledge about finances and securing budgetary success.

The problem, however, is identifying these resources, and knowing how you might put them to work.

Read on to find the names of four organizations/tools you can use to equip better young people who someday hope to be financially savvy:

National Endowment For Financial Education: The NEFE is a private nonprofit dedicated to empowering young people and families, helping to secure a legacy of financial success that will carry them into their futures. They do this by conducting research and commissioning consumer surveys. They utilize unique and practical training tools, putting them to use in the workplace and the classwork. Also, the provide adult and youth financial education tools and resources, fostering a better understanding of saving and spending.

MoneyTeach: MoneyTeach is an invaluable tool and curricula resource connection, matching financial educators with the valuable, instructional resources that they need. Visitors to the site can find quality instructional resources; suggested workshops and course guides; and they can engage with the educator community, collaborating with colleagues. The account is free, borrows lesson planning tips and activities from leading peers who ongoingly teach financial planning and financial smarts.

Smart About Money: Smart About Money is an online course that users can complete at their own pace. Educators can hone their skills by creating courses that focus on money basics, family planning, economic emergencies, transportation, spending, saving, investing, retirement, taxes, borrowing, and other topics. SAM is a customizable and free tool, providing timely tips and money management ideas.

Jump$tart Clearinghouse: Jump$tart is a leading financial education resource center, created with the purpose of helping students. They list featured information relating to financial literacy and provide practical money skills for life.

If you know the names of some other websites tasked with helping young people secure financial freedom, please share!

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

coursera.org/learn/duke-behavioral-finance

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

coursera.org/learn/financial-accounting-basics

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

coursera.org/learn/art-of-negotiation

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

Review: “Very informative and useful course.“


Financial Literacy—Macquarie University

open2study.com/courses/financial-literacy

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

coursera.org/learn/investment-returns-long-run

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.

Second Careers: 5 Meaningful Financial Facts To Consider When Making A Career Move Over 40

SECOND CAREERS- 5 MEANINGFUL FINANCIAL FACTS TO CONSIDER WHEN MAKING A CAREER MOVE OVER 40 - Ajay NagpalDown-sizing is an unfortunate reality in the modern business world, even when you are over 40 years old. How can you regain traction in your financial life?

Here are five significant financial facts to consider when starting a second career after 40 years old.

Starting Second Career

You are no longer a “spring chicken” and starting over can be a challenge. If you adhere to these career tips, you can optimize your chances for success. You need to be realistic, but also energetic. Follow these five significant facts to get your second career, off the ground.

1. Accrued Benefits

While you work, you accrue benefits that could include stock options, a 401(k) plan or pension. You have many options for your 401(k) plan, including cashing it out or rolling it over. Remember, that these include both yours and your employer’s contributions.

If you cash out, you must pay 20% federal withholding taxes plus a 10% early withdrawal fee. The 401(k) rollover allows you to re-balance the investments in the portfolio. This makes sense because your life has changed – you want your assets to reflect your new life.

2. Rethink Mortgage

You set up your housing finance based on your employment expectations. When you are let go, you might want to change your housing loans, consider refinancing or even getting a HELOC.

3. Keeping Skills Relevant

You might have started your job, a decade ago. It pays to update your skills. Use downtime efficiently.

4. Prime Working Years

After graduating from college, you might only qualify for certain entry-level positions. If you figure that your prime working years are from 22 to 65, you are in your mid-life when fired at 40. But, you do have valuable experience that allows you to qualify for certain higher level positions.

5. Experience Pays

Do you know how many college graduates would love to have your experience? Now you can be eligible for a couple of these high-paying jobs: Financial Analyst, Fundraiser or Social Media Manager. You have paid your dues, now cash in with a higher paycheck.

Losing your job over 40 can be a shock, but take advantage of the situation to find a better job. You are mature and experienced. Find a second career that pays you top dollar for your valuable, accumulated experience.