Once you’ve gotten that degree, and embarked on your new career, you might consider a course on household finances to help you get a handle on all that extra money that will be coming your way. A raise in salary might make it seem as though you’ve caught the brass ring, but for many people, expenses rise right along with income. Learning why that tends to be so, as well as ways to avoid spending every bit of your new-found wealth, can save you a lot of heartache in the future, as well as teach you how to save for a new car, a new home, retirement, even a college education for your own young ones.
Fortunately, free courses on finance abound on the internet, ranging from how to set up a household budget to the latest thinking on how changes in supply and demand affect prices. For seniors preparing to take on financial responsibility and young adults just starting out, there’s MoneySKILL, developed as a high school class, but available for anyone who wants to learn the basics of household finances and using credit. Another course designed to help consumers set budgets and stick to financial plans is offered by the University of Utah. Plus, The University of Idaho Extension lists an entire roster of classes on their Idaho Personal Finance website.
Taking a different approach, Practical Money Skills for Life combines a series on financial matters with other information ranging from an explanation of employer-provided benefits to tips on how to improve your credit score. IRIS Education offers consumers another way to up their credit scores. Once you’ve finished their American Financial Solutions courses, they’ll issue you a certificate of completion to insert in your credit file.
After you’ve mastered the basics, Rutgers Cooperative Extension is there to help you navigate Wall Street with their Investing for the Future home study course. Or maybe you’ve decided to use that hard-won degree to be your own boss. If so, the Small Business Administration is right by your side, with its primer on starting a business. Don’t forget to take the tax ramifications of all your success into consideration. If you’ve got tax questions, the IRS has answers for both individual filers and businesses. You can even learn electronic tax return preparation yourself.
Now you’ve gotten your feet wet, and you are starting to consider your future plans. The basics of estate planning is the subject of a Mays Financial course, while Purdue Extension helps you plan for retirement through its modules.
If you’re interested in finances on a more abstract level, perhaps you’ll find MIT’s Principles of Microeconomics appealing. Or if you want to find out why the United States debt is increasing at such a rapid rate, MIT’s Principles of Macroeconomics is just what the doctor ordered.
Whatever your current interest or level of knowledge, lack of money is no reason that you can’t find out how money works.