How financially literate are you? According to a report from the Global Financial Literacy Excellence Center, the common American scored just 48% on a financial literacy test. Some groups achieved as little as 37% in certain areas. When it involves financial management, knowledge is wealth. A financial literacy course is perhaps just what you wish.
There are so many resources available to enable you improve your financial knowledge and grow your wealth. Additionally, many, many financial literacy courses are free. These 6 courses will teach you basic money management and canopy essential topics corresponding to Roth IRAs, 401(k)s, stocks, bonds, certificates of deposit, and eliminating bank card debt.
1. McGill Personal Finance Course
Taught by professors Desautels Faculty of Management, McGill UniversityIn this free eight-module course, you will learn every part from budgeting to borrowing to real estate and beyond. In just a number of hours, you will receive a certificate of completion and skills you may apply to your individual financial goals.
2. Purdue University’s Planning for a Secure Retirement
If you wish help with retirement planning, Perdue University offers a free course. The 10-module course covers retirement costs, Social Security, Medicare, employer pension programs and more. These modules will enable you prepare for retirement with confidence.
3. Khan Academy Personal Finance Courses
Khan Academy offers a free personal finance course aimed toward students. You’ll learn learn how to finance your studies, saving, budgeting, taxes, housing, automobile costs and more. These courses help participants gain a fundamental understanding of private finance topics through a set of articles and videos.
4. Duke University Behavioral Finance Course
According to Duke University, “Behavioral finance is the study of these and dozens of other financial decision-making mistakes that can be avoided if we are familiar with the biases that cause them.” The free behavioral finance course is designed to assist participants avoid financial mistakes and to make higher decisions. After all, lots of the financial decisions we make are based on psychology and money mentality.
5. Udemy Complete Investing Course
Udemy is an amazing resource for finance courses taught by quite a lot of instructors with extensive experience of their fields. In Udemy’s complete investing course, You will learn learn how to diversify your portfolio and increase your wealth. The course covers topics corresponding to stocks, ETFs, index and mutual funds. For $18.99 you may benefit from this 11-hour course.
6. Brigham Young University Personal Finance Courses
BYU offers quite a lot of different levels of private finance courses, including courses with beginner, intermediate, and advanced topics. Courses offered include investing, retirement, and courses for college kids and young single and married adults. Plus, all courses are free.
Choosing one of the best financial literacy course in 2025
Any of the above courses will enable you in your path to wealth. However, it is crucial to notice that these courses offer you general financial knowledge and don’t constitute personalized financial advice. Take what you have learned and apply it to your unique situation to construct your wealth and make higher financial decisions.
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