The world of financial education has been a mess for the past few decades, and the latest craze is to help students “make a better financial decision” by attending courses that help them understand how their money works.
But what’s the best way to learn about the financial landscape?
What’s the difference between an online and offline course?
How do you know which course is right for you?
In this episode of the Engadgets Financial Education podcast, we talk to three financial literacy experts.1.
Financial education isn’t just for the richThese courses aren’t all-encompassing, and they don’t cover everything about investing.
Some of the most important concepts to learn include: risk, credit risk, portfolio risk, netting, and asset allocation.
But the courses you might find to be the most popular are those that are focused on specific topics.
You might want to take an online course that’s geared towards a specific financial advisor.2.
Online courses can be expensiveThese courses are cheaper than their offline counterparts, but the best thing about the online courses is that you can take them at your own pace.
That’s important, because many of the courses in the online format are focused around specific topics like asset allocation and the portfolio.
But if you’re interested in financial education at a more general level, you might want a course that focuses on investing and the financial markets.3.
The best financial education courses aren