At the close of 2022, the average American household had a credit card debt of $5910, an increase of 13.2% increase from the previous year. Altogether, the overall credit card debt in the US reached a staggering $909.9 billion.
In an era of increased credit utilization, it’s essential to have a firm grasp on personal finances to save money and get ahead in life. From understanding auto loans to navigating the world of investments, taxes, and insurance, a solid grounding in personal finance can make all the difference. However, most people were not taught these skills in school, leaving a significant knowledge gap that can lead to stress and financial instability.
Thankfully, the resources for self-studying personal finance have never been more accessible. In recent years, the vast proliferation of online learning has made it possible to pick up almost any skill on the cheap or even for free. But with the myriad choices available, how does one sift through the clutter and find the right course? For beginners looking to nail down the basics of personal finance with free online lessons, this guide explores some of the best personal finance courses available online.
This course is the top free personal finance course on Udemy, a leading online education platform. It caters to novices and requires no prior financial expertise or additional tools. It uses an array of animated clips – each under five minutes – to deliver practical insights on varied topics, such as investments, debt management, credit cards, and filing taxes. With three hours of content across 52 videos, learners will be exposed to essential financial skills. Nearly 70,000 students have taken the course, earning an average score of 4.6 stars.
