Everyone should take personal finance classes. Honestly, I wish that they offered them in both high school and college. Unfortunately, most schools don’t provide this important education. Therefore, we have to seek it out for ourselves.
Of course, you have to balance the cost of the class with the value of what you learn. After all, it’s not fiscally responsible to spend too much on personal finance classes. Sometimes it makes sense to pay for the extra knowledge. However, if you’re just starting out, then you should definitely look at free personal finance classes.
Where to Find Free Personal Finance Classes
You can take personal finance classes online as well as in person. Either option can provide you with solid information. Therefore, it’s just a matter of what’s right for you.
If you’re looking for an in-person option, then here are some good places to start:
- Adult education classes at your local community college
- Free lectures and workshops through your local SBA
- Personal finances classes available through your local library
- Options available through your company’s HR department
- Classes offered through local co-working spaces
Also, did you know that your local Goodwill may offer free personal finance classes? For example, in Washington State, Goodwill has a 12-hour free course called Key to Change: Financial Education. It helps people learn basics including budgeting, banking, insurance, and investments.
You might also want to think outside of the box. In other words, getting a personal finance education doesn’t mean that you have to take an official class. Compile a list of the people you know who are great with money. Then reach out and ask if they’d be open to sharing a few things with you over coffee or a walk in the park. You’ll be surprised how many people you already know who are willing to share their money savvy with you.
Free Online Personal Finance Classes
Thanks to the Internet, it’s now possible to take a wide range of classes at no charge. Start by looking at free online classes through platforms such as Coursera. A quick glance through their current catalog reveals the following helpful courses:
- Finance for Everyone: Decisions
- Finance for Non-Finance Professionals
- Financial Planning for Young Adults
- Managing Your Money: MBA Insights for Undergraduates
- Personal and Family Financial Planning
Similarly, you can look at free classes from edX. Examples from their course catalog include:
- Finance For Everyone: Smart Tools for Decision-Making
- How to Save Money: Making Smart Financial Decisions
- Personal Finance Part 1: Investing in Yourself
You can also look for cheap and free personal finance classes through Udemy, Khan Academy, Alison, and SkillShare.
Moreover, you can cobble together your own free online personal finance education through a combination of blogs, podcasts, vlogs, and ebooks. Hack your education and challenge yourself to become a financial genius without spending anything more than the cost of your WiFi connection.