Personal financial Management course

Alison.com

Alison.com is a completely free-to-use education library that offers hundreds of different certification courses, from those that improve business and entrepreneurial skills to languages such as Mandarin Chinese and Arabic. Although it offers learning services for free, Alison.com still produces high quality courses that are largely funded by advertising and sponsorship revenues.

How it Works

The course itself is a series of cartoon-style lectures, with instructions delivered by a talking coin. If you prefer to read through material, the instructional videos have subtitles and you can skip from slide to slide at your leisure.

There are seven modules and it shouldn’t take too long–perhaps an hour or two–to complete each of them. That means you should be able to finish the course in 10 – 12 hours at the most. At the end of each module, there’s an easy-to-use interactive multi-media test to verify your understanding of the content.

The modules are: Introduction to Personal Finance, Mastering Personal Finance, Employment (which covers wages and tax), Running a Home and Raising a Family, Long-Term Savings and Investments, Seeking Help and Advice and the Global Economy. Each one is broken down into several smaller units and short tests.

Although it offers learning services for free, Alison.com still creates high quality courses that are largely funded by advertising and sponsorship revenues.

We really liked practical units such as those on creating an emergency fund, and how to encourage your children to be financially independent. The test questions such as “What are the main disadvantages of being a tenant?” and “How long do you need to budget for a child’s further education?” reinforce the learning points in a way that means you’ll be able to remember and articulate the benefits of prudent financial management.