Welcome to Personal Finance!
Where am I?
Released in 2017, this course features a collection of videos and articles covering a range of topics from saving and investing to managing debt and insurance. These resources are designed to help you gain a foundational understanding of personal finance concepts.
How is this course different from the new Financial Literacy course?
While both courses are designed to help you manage your money more effectively, they differ in some key ways:
- This Personal Finance course hasn't been updated since 2017; in contrast, the Financial Literacy course is a new work-in-progress.
- The Personal Finance course contains only articles and videos; in contrast, the Financial Literacy course features new videos, articles, and practice exercises to help you better understand and apply the skills in the course and make real changes in your financial life.
- The Financial Literacy course is mastery-enabled: as you complete exercises, you can level each skill up from "Familiar" to "Proficient" to "Mastered" and better track your growth and progress through the course.
Which of these courses is right for me?
If you're looking for a foundational understanding of personal finance concepts, the Personal Finance course may be right for you: as of early 2023, it has more in-depth coverage of the material.
If you're looking for up-to-date practical information to make real changes in your financial life, and if you like to practice what you're learning with exercises, we encourage you to check out the Financial Literacy course !
We're so glad you're here—have a great day, and keep saving!
Want to join the conversation?
- Although I am 55, I am virtually finacially illiterate. I've been married for 31` years, and my wife has always been the book keeper and bill payer. I want to learn this stuff, so I can help her and perhaps someday take that over. I must be honest, I dealt with a learning disability all throughout school, and never got more than a few A's . I have not had math since 9th grade. So, I am taking a Kahn math course as well.(17 votes)
- How do I invest in stocks? I am curious in investing in Amazon or a bigger company similar. I don't have a current income but am very interested in investing, some day. I know some people who invest similar to my age. I am 14.(5 votes)
- You would go to a stock exchange or a stock exchange bank and inquire from there. However I advise you not to invest right now, everything is crashing and you could lose a lot of money.(11 votes)
- How to start saving?(2 votes)
- can i have my kid save at 4 years old?(2 votes)
- ive seen lots of people make lots of money in stocks so i would like to know what is stocks and is it a gambol(3 votes)
- How do i save money without using much?(3 votes)
- A budget is by far one of the best things for this.
Budgeting is the practice of setting aside money for specific things.
Gas and Car
Rent or Mortgage and/or land payment
Utilities / phone
Your age will of course make a difference.
So depending on that you may only have a few food, gas and activity expenses.
First you find out roughly how much money you spend each month on necessities (Like food or gas if you're young and don't have bills yet). Then you set aside an amount that covers those necessities.
After you do that, you're able to take the remaining funds and divide it into categories. I recommend Savings, Emergency
**(Emergency is different than savings! This way, if something were to happen, you won't exploit your savings for the future or otherwise!)** and personal spending cash.
It can be equal or split into percentages where you save as much as possible, it is whatever works best for you. It is good to save money and will be easier since you have the want to do so.
I hope this helps you, please let me know if you have any questions and I'll be sure to get back to you. :)(1 vote)