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A financial course can go a long way towards developing financial stability. There are tons of practices that people can follow that give them the best idea on how to manage their money. The only issue is finding a way to learn about these practices.
Everyone knows that experience is the best teacher, but this can be quite a problem when you consider personal finances and stability. Digging yourself into a financial hole is probably the worst way to learn what does not work.
With all of that said, skip the financial hardship by learning how manage your finances early with a free online course. Here are some of the top online courses that you can find online at no cost.
If you are about to start a family, then this is a beneficial course to look into. It is formally known as Family Finance (FCHD3350) at Utah State University. It focuses on family oriented values and their application towards financial decisions.
Debt and Borrowing
Although it may be surprising (or maybe not), a large percentage of the country does not understand how debt works. This includes interest rates and repayment terms as well as any other expenses that come with taking out loans. On top of this, even less is known about debt-tackling options such as refinancing or student loan forgiveness. Open University provides and online course that explains the ins and outs involved with debt and loans.
Open University covers a wide breadth of topics that are readily available online. One such topic happens to be investment risk. The average joe normally cannot explain how investing works which includes the risk associated with such endeavors. This course covers what goes in to making an investment decision as well as the associated repercussions.
Michigan State offers a slew of courses in finance. One such course involves overall financial security. It covers basic financial management decisions. Its main goal and objective is to leave its students with a solid background in personal finance. It is most likely a general course that covers the basics when it comes to money. Not a bad idea to take since it is free.
Taxes and Business Strategy
While personal finance is important, business oriented finance is a whole different horse. Luckily, MIT offers a taxes and business strategy course aimed at educating young business owners in how to manage their entrepreneurial expenses. Managing a business is quite different from managing a personal bank account, especially if it involves taxes. There are tons of tax laws and stipulations that apply to only business owners, so this is solid course to look into.
Although many people have their own credit card (or multiple credit cards), an astounding number of these people know very little about common credit card practices, rules, stipulations, and repercussions. Luckily, there are extensive resources found online. You can take a credit card course online for free, but there are also tons of online resources at different sites that outline everything there is to know about a credit card.
Author: Jeff Gitlen
Jeff Gitlen writes about a wide range of finance topics including everything from student loans to credit cards to small business financing. Jeff's work has been featured on a number of sites including Bloomberg, CNBC, Forbes, Market Watch, and more.