Do you remember the financial education that you received when you were growing up? Do you think that it fully prepared you for the reality of adulthood and financial stability?
Many people feel that they did not get enough information about financial education when they were in school. As a result, financial stability is a struggle for people around the world.
Financial education is a valuable tool to have, and it is never too late to start learning more! No matter how old you are or how much financial education you have gotten in the past, there are various resources to help you get started on your path to financial success.
Can you imagine getting enough financial education that you feel comfortable and confident in your ability to succeed? You will be able to keep track of your spending and saving in no time!
We are going to lay out 7 of the best resources available to improve your financial literacy. These websites, apps, and podcasts have many tips and tools that you can use in your journey to financial success.
Let’s take a look at these resources to find the best choice for you and your financial needs.
If you already know some of the basics, Investopedia is a great place to check out. It has free articles that can help you to navigate the many challenges of financial wellbeing. Their articles talk about small business challenges, post-retirement healthcare, the gender wage gap, and much more.
It also has a dictionary of any financial term that you can think of. This is a wonderful tool if you need to quickly look up the difference between two terms or need a reminder of what a word means. They also offer resources to find financial education books to meet all of your needs.
FINRA offers many tools for financial education services and data that you may find useful. It has many resources to help you make sense of your finances and learn how to be smart with your money.
The information is completely data-based, which means that it consists of studies and reports. These free resources are best for people who learn by using data and numbers. FINRA offers educational financial services that you absolutely cannot miss!
3. YNAB (You Need A Budget)
YNAB is an amazing tool to help you create a budget. While it may seem daunting at first, it will become a tool that you will rely on. It requires complete honesty about your habits and financial situation, but the outcome is beneficial.
It will help you to see your finances in an honest and transparent way. By looking inward and analyzing your financial goals, you will be able to stick with your plans.
4. Wealthability Podcast
The Wealthability Podcast with Tom Wheelwright guides its listeners through a unique approach to learning about taxes and financial stability. Tom Wheelwright believes that individuals are fully capable of controlling their finances and building their wealth. This financial education can help people to achieve their financial dreams.
This podcast is available on iTunes, Stitcher, and Spotify. You can also find his videos about financial education on YouTube. Each episode has a transcript and notes so you can get the most out of each lesson. You are sure to gain much information and have a better idea of financial stability as a result.
5. National Disability Institute
Eligible individuals that have disabilities can use this resource to save money and access their benefits. Many people with disabilities have expressed their struggles with saving money and gaining financial assets. This tool can help them to fight for their financial freedom.
Resources with the National Disability Institute are free and available to anyone with a disability. They can help people to learn how to adjust their financial education offerings and empower them in their financial literacy. This will help them to make good decisions and plan for their future.
6. Albert Financial Education
Albert is a budgeting app that can help the user to understand their general financial standing. However, what makes it different from other budgeting apps is that it also allows members to text a financial advisor. This will give them a direct line to financial education from a professional.
There is a monthly fee for this service, which is similar to other personal finance apps. If you want the basic features, you can still access them for free! Both options are useful in pursuing financial education and being honest with yourself about your expenses.
7. $mart Path
$mart Path is a fun and entertaining resource that is aimed at children. Elementary schools often do not teach financial literacy even though it is an essential skill. $mart Path offers financial education for kids through simple lessons, interactive games, and animated videos.
Their lessons are available to any teacher as well. The platform can teach children from elementary to middle school about spendings, saving, and financial health. This is a great resource for young people to take a look at. It is sure to give them the financial education that they need and set them up for success in the future.
To Sum It All Up
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If you found this topic helpful, feel free to check out our other blog posts and articles on our website for similar content about financial education. We can guarantee that you will be able to find the information that you are searching for. You will not be disappointed with what we have to offer!