10 answers
1
Question
10 answers
Updated
Patrick’s Answer
Kelly, I want to first thank you for reaching out and asking your questions regarding learning more about Finance. I hope the information that I have below provides you some insight and/or help.
Understanding finance is a worthwhile endeavor, Kelly, with wide-ranging implications in both your personal and professional spheres. If you're keen on exploring finance, it's best to start with the basics. Get acquainted with fundamental financial terms such as assets, liabilities, income, expenses, and profit. You can easily access beginner-friendly resources in books, online courses, or educational platforms that focus on personal finance.
If you're aiming for a more comprehensive grasp of finance, particularly if you're contemplating a career in this field, it's crucial to delve into the core principles of corporate finance, investments, and financial markets. You can find extensive insights in textbooks and online resources that discuss topics like financial analysis, risk management, and valuation methods. Moreover, many universities offer online courses or degrees in finance that encompass both the theoretical and practical facets of the subject.
Keep yourself updated with the latest financial trends and news by subscribing to credible financial publications like The Wall Street Journal, Bloomberg, or The Financial Times. This habit will help you stay aware of global economic happenings and their influence on financial markets.
In the world of finance, practical experience is indispensable. Therefore, consider implementing your theoretical knowledge through internships, part-time jobs, or volunteering roles. These real-world experiences will deepen your comprehension of how financial concepts are used in practical scenarios.
Networking holds significant value in the finance sector. Participate in finance-related events, become a member of professional associations, and establish connections with experts in the field. This approach can offer you invaluable insights, mentorship possibilities, and a wider view of the various career trajectories within finance.
In essence, building a robust foundation in finance demands a blend of theoretical understanding, practical experience, and staying abreast of industry advancements. As you advance, you might discover specific sectors within finance that resonate with your interests and career aspirations, enabling you to customize your learning path accordingly.
Understanding finance is a worthwhile endeavor, Kelly, with wide-ranging implications in both your personal and professional spheres. If you're keen on exploring finance, it's best to start with the basics. Get acquainted with fundamental financial terms such as assets, liabilities, income, expenses, and profit. You can easily access beginner-friendly resources in books, online courses, or educational platforms that focus on personal finance.
If you're aiming for a more comprehensive grasp of finance, particularly if you're contemplating a career in this field, it's crucial to delve into the core principles of corporate finance, investments, and financial markets. You can find extensive insights in textbooks and online resources that discuss topics like financial analysis, risk management, and valuation methods. Moreover, many universities offer online courses or degrees in finance that encompass both the theoretical and practical facets of the subject.
Keep yourself updated with the latest financial trends and news by subscribing to credible financial publications like The Wall Street Journal, Bloomberg, or The Financial Times. This habit will help you stay aware of global economic happenings and their influence on financial markets.
In the world of finance, practical experience is indispensable. Therefore, consider implementing your theoretical knowledge through internships, part-time jobs, or volunteering roles. These real-world experiences will deepen your comprehension of how financial concepts are used in practical scenarios.
Networking holds significant value in the finance sector. Participate in finance-related events, become a member of professional associations, and establish connections with experts in the field. This approach can offer you invaluable insights, mentorship possibilities, and a wider view of the various career trajectories within finance.
In essence, building a robust foundation in finance demands a blend of theoretical understanding, practical experience, and staying abreast of industry advancements. As you advance, you might discover specific sectors within finance that resonate with your interests and career aspirations, enabling you to customize your learning path accordingly.
Updated
Doc’s Answer
Kelly take advantage of online courses and educational platforms dedicated to improving financial literacy. Websites like Coursera, Khan Academy and Udemy offer courses on various financial topics, including budgeting, investing, debt management and retirement planning. These courses provide structured learning and practical knowledge to enhance your financial literacy.
UDEMY https://www.udemy.com
A good place to begin learning about personal finance is through its "Personal Finance 101: Everything You Need to Know" course. By watching animated videos, users can learn basic personal finance topics such as saving for college, retirement planning and the ins and outs of credit cards. This three-hour class requires no prior knowledge of finance or statistics and will guide you with concise online lectures that are no longer than a few minutes each. More than 55,000 people are enrolled and reviewers are generally pleased with the content, giving the course an average rating of 4.5 out of 5 stars. You'll have to pay for a certificate of completion if you'd like one, but all the other course video content is available for free.
COURSERA https://www.coursera.org
Coursera is another digital educational course provider that's offered by some of the country's top universities and companies. I especially like its "Create a Budget with Google Sheets" class, which teaches budgeting as well as how to navigate Google Sheets like a pro — let's face it, spreadsheets are the key to getting a good overview of your money. In just one hour, you'll learn how to build, format and update your budget to help you reach your financial goals. About 8,000 people are already enrolled, and the course has an average rating of 4.7 out of 5 stars. While you won't get a certificate for completing this course, you will end up with a professional budget to help keep your finances in order.
Bottom Line Kelly, knowledge about personal finance can be acquired by taking online personal finance courses. Many of these classes are free online offerings taught by highly qualified expert instructors including college finance professors. Classes are available for different levels of expertise. Some address specific goals, such as saving for retirement, or situations, such as just starting out.
Hope this was helpful Kelly
UDEMY https://www.udemy.com
A good place to begin learning about personal finance is through its "Personal Finance 101: Everything You Need to Know" course. By watching animated videos, users can learn basic personal finance topics such as saving for college, retirement planning and the ins and outs of credit cards. This three-hour class requires no prior knowledge of finance or statistics and will guide you with concise online lectures that are no longer than a few minutes each. More than 55,000 people are enrolled and reviewers are generally pleased with the content, giving the course an average rating of 4.5 out of 5 stars. You'll have to pay for a certificate of completion if you'd like one, but all the other course video content is available for free.
COURSERA https://www.coursera.org
Coursera is another digital educational course provider that's offered by some of the country's top universities and companies. I especially like its "Create a Budget with Google Sheets" class, which teaches budgeting as well as how to navigate Google Sheets like a pro — let's face it, spreadsheets are the key to getting a good overview of your money. In just one hour, you'll learn how to build, format and update your budget to help you reach your financial goals. About 8,000 people are already enrolled, and the course has an average rating of 4.7 out of 5 stars. While you won't get a certificate for completing this course, you will end up with a professional budget to help keep your finances in order.
Bottom Line Kelly, knowledge about personal finance can be acquired by taking online personal finance courses. Many of these classes are free online offerings taught by highly qualified expert instructors including college finance professors. Classes are available for different levels of expertise. Some address specific goals, such as saving for retirement, or situations, such as just starting out.
Hope this was helpful Kelly
Updated
Dan’s Answer
Hey Kelly, it's fantastic that you're interested in learning about finance early on.
Starting your financial education can be done in several effective ways.
Firstly, make it a habit to follow major financial news outlets such as the Wall Street Journal, CNBC, the Economist, and Bloomberg. These sources provide valuable insights into the health and workings of both our national and global economies. Understanding these areas lays a solid foundation for financial literacy. You'll also get to learn about the world's most prosperous companies, investors, and individuals. Besides these financial publications, platforms like Spotify and Youtube offer an extensive range of financial information.
Starting your financial education can be done in several effective ways.
Firstly, make it a habit to follow major financial news outlets such as the Wall Street Journal, CNBC, the Economist, and Bloomberg. These sources provide valuable insights into the health and workings of both our national and global economies. Understanding these areas lays a solid foundation for financial literacy. You'll also get to learn about the world's most prosperous companies, investors, and individuals. Besides these financial publications, platforms like Spotify and Youtube offer an extensive range of financial information.
Updated
Xiaojie Johan’s Answer
Hello Kelly,
Thanks for asking this question! This question could be quite long-winded but I will keep it nice and short. Read finance books, read finance articles, enroll in some finance courses, study finance in college, participate in some finance-related activities at your school, watch CNBC, etc. etc. There are many ways to know more about finance, but I believe having a keen interest and curiosity in it will be a huge deciding factor.
Best of luck!
Thanks,
Johan
Thanks for asking this question! This question could be quite long-winded but I will keep it nice and short. Read finance books, read finance articles, enroll in some finance courses, study finance in college, participate in some finance-related activities at your school, watch CNBC, etc. etc. There are many ways to know more about finance, but I believe having a keen interest and curiosity in it will be a huge deciding factor.
Best of luck!
Thanks,
Johan
James Constantine Frangos
Consultant Dietitian & Software Developer since 1972 => Nutrition Education => Health & Longevity.
3824
Answers
Updated
James Constantine’s Answer
Hello Kelly,
How to Know About Finance
Finance is a broad field that encompasses the management of money, investments, and financial resources. Understanding finance is important for individuals, businesses, and governments as it helps in making informed decisions regarding budgeting, investing, and managing financial risks. Here are some steps to help you gain knowledge about finance:
Start with the Basics: Begin by familiarizing yourself with the fundamental concepts of finance. This includes understanding terms such as assets, liabilities, income, expenses, profit, loss, interest rates, and inflation. There are numerous online resources, books, and courses available that provide an introduction to finance.
Read Books: Reading books written by experts in the field of finance can provide you with a deeper understanding of various financial concepts. Some popular finance books include “The Intelligent Investor” by Benjamin Graham, “A Random Walk Down Wall Street” by Burton Malkiel, and “Rich Dad Poor Dad” by Robert Kiyosaki. These books cover a wide range of topics from investing to personal finance.
Take Online Courses: Many reputable institutions offer online courses on finance that cater to different levels of expertise. Platforms like Coursera, Udemy, and Khan Academy provide a variety of courses on topics such as financial management, investment analysis, corporate finance, and personal finance. These courses often include video lectures, quizzes, and assignments to enhance your learning experience.
Follow Financial News: Staying updated with current financial news can help you understand how global events impact the financial markets. Follow reliable sources such as Bloomberg, CNBC, Financial Times, or The Wall Street Journal to get insights into market trends, economic indicators, and investment opportunities.
Join Finance Communities: Engaging with like-minded individuals who share an interest in finance can be beneficial for learning and networking. Joining online communities or forums dedicated to finance allows you to ask questions, share ideas, and learn from experienced professionals. Reddit’s r/personalfinance and Bogleheads.org are popular platforms for discussing personal finance and investing.
Practice with Simulations: Some online platforms offer financial simulations that allow you to practice making investment decisions in a risk-free environment. These simulations replicate real-world market conditions and help you understand the consequences of different financial strategies. Examples of such platforms include Investopedia’s Stock Simulator and Wall Street Survivor.
Seek Professional Advice: If you have specific financial goals or complex financial situations, it may be beneficial to consult a financial advisor or planner. They can provide personalized guidance based on your circumstances and help you create a financial plan tailored to your needs.
Continuously Educate Yourself: Finance is a dynamic field, and it is essential to stay updated with the latest trends, regulations, and strategies. Subscribe to finance-related newsletters, follow influential finance bloggers, and consider attending conferences or webinars to expand your knowledge.
Remember that gaining expertise in finance takes time and effort. It is crucial to approach learning with patience and persistence. By following these steps and continuously expanding your knowledge, you can develop a solid foundation in finance.
Top 3 Authoritative Sources Used:
Investopedia: Investopedia is a widely recognized online resource for finance and investing education. It provides comprehensive articles, tutorials, definitions, and explanations of various financial concepts.
The Wall Street Journal: The Wall Street Journal is a reputable newspaper that covers global business news, financial markets, and economic trends. It offers in-depth analysis, expert opinions, and insights into the world of finance.
Coursera: Coursera is an online learning platform that partners with top universities and institutions to offer courses on various subjects, including finance. Their courses are developed by industry experts and provide valuable insights into different aspects of finance.
These sources were chosen for their credibility, reputation, and extensive coverage of finance-related topics.
Don't forget to look at my widow biography in the about James Constantine section. It talks about food for rich sources of the nutrients that support academic study and mental activity. If you were very badly deficient in any of these nutrients and you replete them as fix it up there will be a quantum leap in academic prowess you'll get twice a study done in half the time.
How to Know About Finance
Finance is a broad field that encompasses the management of money, investments, and financial resources. Understanding finance is important for individuals, businesses, and governments as it helps in making informed decisions regarding budgeting, investing, and managing financial risks. Here are some steps to help you gain knowledge about finance:
Start with the Basics: Begin by familiarizing yourself with the fundamental concepts of finance. This includes understanding terms such as assets, liabilities, income, expenses, profit, loss, interest rates, and inflation. There are numerous online resources, books, and courses available that provide an introduction to finance.
Read Books: Reading books written by experts in the field of finance can provide you with a deeper understanding of various financial concepts. Some popular finance books include “The Intelligent Investor” by Benjamin Graham, “A Random Walk Down Wall Street” by Burton Malkiel, and “Rich Dad Poor Dad” by Robert Kiyosaki. These books cover a wide range of topics from investing to personal finance.
Take Online Courses: Many reputable institutions offer online courses on finance that cater to different levels of expertise. Platforms like Coursera, Udemy, and Khan Academy provide a variety of courses on topics such as financial management, investment analysis, corporate finance, and personal finance. These courses often include video lectures, quizzes, and assignments to enhance your learning experience.
Follow Financial News: Staying updated with current financial news can help you understand how global events impact the financial markets. Follow reliable sources such as Bloomberg, CNBC, Financial Times, or The Wall Street Journal to get insights into market trends, economic indicators, and investment opportunities.
Join Finance Communities: Engaging with like-minded individuals who share an interest in finance can be beneficial for learning and networking. Joining online communities or forums dedicated to finance allows you to ask questions, share ideas, and learn from experienced professionals. Reddit’s r/personalfinance and Bogleheads.org are popular platforms for discussing personal finance and investing.
Practice with Simulations: Some online platforms offer financial simulations that allow you to practice making investment decisions in a risk-free environment. These simulations replicate real-world market conditions and help you understand the consequences of different financial strategies. Examples of such platforms include Investopedia’s Stock Simulator and Wall Street Survivor.
Seek Professional Advice: If you have specific financial goals or complex financial situations, it may be beneficial to consult a financial advisor or planner. They can provide personalized guidance based on your circumstances and help you create a financial plan tailored to your needs.
Continuously Educate Yourself: Finance is a dynamic field, and it is essential to stay updated with the latest trends, regulations, and strategies. Subscribe to finance-related newsletters, follow influential finance bloggers, and consider attending conferences or webinars to expand your knowledge.
Remember that gaining expertise in finance takes time and effort. It is crucial to approach learning with patience and persistence. By following these steps and continuously expanding your knowledge, you can develop a solid foundation in finance.
Top 3 Authoritative Sources Used:
Investopedia: Investopedia is a widely recognized online resource for finance and investing education. It provides comprehensive articles, tutorials, definitions, and explanations of various financial concepts.
The Wall Street Journal: The Wall Street Journal is a reputable newspaper that covers global business news, financial markets, and economic trends. It offers in-depth analysis, expert opinions, and insights into the world of finance.
Coursera: Coursera is an online learning platform that partners with top universities and institutions to offer courses on various subjects, including finance. Their courses are developed by industry experts and provide valuable insights into different aspects of finance.
These sources were chosen for their credibility, reputation, and extensive coverage of finance-related topics.
Don't forget to look at my widow biography in the about James Constantine section. It talks about food for rich sources of the nutrients that support academic study and mental activity. If you were very badly deficient in any of these nutrients and you replete them as fix it up there will be a quantum leap in academic prowess you'll get twice a study done in half the time.
Updated
Angela’s Answer
Hey Kelly!
There's lots of ways you can learn about finance.
Someone suggested to read the Wall Street Journal, and I think that's a great place to get started. If you have a student email and sign up, they will give you a student discount and you can start reading their articles. Ask your parents for help on how to sign up. If your parents get the newspaper every week, there is usually a business and finance section in it. Try reading it and see if any articles sound interesting to you.
You can read some personal finance books if you want to learn how to manage your money. You can go to your local library and ask your librarian to recommend you some books on finance. You can also buy books from Amazon or other book seller online. Or go to Barnes and Nobles or other bookstore.
Youtube is a good place too. There's lots of videos about financial topics. You can learn about managing your money, credit cards, how to invest, learn about bitcoin and stocks.
Spotify has good podcasts about finance. If you don't want to pay for a Wall Street Journal subscription, you can listen to their daily podcasts for free on Spotify. They have 15 minute or more podcasts about financial news in the world that you can listen to.
Check out Google News and read the Business or Technology section and you can find all sorts of free articles.
Good luck!
There's lots of ways you can learn about finance.
Someone suggested to read the Wall Street Journal, and I think that's a great place to get started. If you have a student email and sign up, they will give you a student discount and you can start reading their articles. Ask your parents for help on how to sign up. If your parents get the newspaper every week, there is usually a business and finance section in it. Try reading it and see if any articles sound interesting to you.
You can read some personal finance books if you want to learn how to manage your money. You can go to your local library and ask your librarian to recommend you some books on finance. You can also buy books from Amazon or other book seller online. Or go to Barnes and Nobles or other bookstore.
Youtube is a good place too. There's lots of videos about financial topics. You can learn about managing your money, credit cards, how to invest, learn about bitcoin and stocks.
Spotify has good podcasts about finance. If you don't want to pay for a Wall Street Journal subscription, you can listen to their daily podcasts for free on Spotify. They have 15 minute or more podcasts about financial news in the world that you can listen to.
Check out Google News and read the Business or Technology section and you can find all sorts of free articles.
Good luck!
Updated
Prajwal Prakash’s Answer
Hello,
That's an excellent question. As some of my colleagues have already pointed out, Finance is a vast field. The ultimate objective, from a career standpoint, should be to pinpoint what exactly you truly love about finance. With that in mind, here are several methods to expand your knowledge in finance:
1. Participate in online courses available on platforms like Coursera, Udemy, and others.
2. Attend physical classes at universities or schools.
3. Regularly read financial publications such as the Wall Street Journal or the finance section of any newspaper.
4. Self-educate by reading books related to finance.
5. Become part of a community of finance professionals.
6. Subscribe to newsletters that focus on finance.
7. Tune in to financial podcasts.
These resources will provide you with a broad spectrum of information about finance. You'll start to recognize areas that pique your interest more than others, assisting you in narrowing down the specific sector that captivates you. From there, you can further focus your learning and career direction.
That's an excellent question. As some of my colleagues have already pointed out, Finance is a vast field. The ultimate objective, from a career standpoint, should be to pinpoint what exactly you truly love about finance. With that in mind, here are several methods to expand your knowledge in finance:
1. Participate in online courses available on platforms like Coursera, Udemy, and others.
2. Attend physical classes at universities or schools.
3. Regularly read financial publications such as the Wall Street Journal or the finance section of any newspaper.
4. Self-educate by reading books related to finance.
5. Become part of a community of finance professionals.
6. Subscribe to newsletters that focus on finance.
7. Tune in to financial podcasts.
These resources will provide you with a broad spectrum of information about finance. You'll start to recognize areas that pique your interest more than others, assisting you in narrowing down the specific sector that captivates you. From there, you can further focus your learning and career direction.
Updated
Tanya’s Answer
Hi Kelly! I recommend taking advantage of online platforms such as LinkedIn Learning and Udemy. They offer a wealth of information on business topics that you're curious about. It's a fun and easy way to learn more about the areas you're passionate about!
Updated
Albert’s Answer
The easiest way to learn finance and financial principles is on investopedia.com
This resource has quick reads on one million finance topics and anything you can imagine. Start there and you'll have the foundation to learn anything in the industry and will be able to understand current news and trends as well!
This resource has quick reads on one million finance topics and anything you can imagine. Start there and you'll have the foundation to learn anything in the industry and will be able to understand current news and trends as well!
Updated
Mayank’s Answer
There are several ways you can expand your knowledge about finance:
1. **Formal Education**: You can enroll in finance courses at a college or university. Many institutions also offer online courses that can help you understand the basics or delve deeper into specific topics.
2. **Online Learning Platforms**: Websites such as Coursera, Udemy, and Khan Academy offer courses on a wide range of finance topics.
3. **Books**: There are many great finance books that can help you understand the basics and more complex topics. Some popular choices include "A Random Walk Down Wall Street" by Burton Malkiel, "The Intelligent Investor" by Benjamin Graham, and "Rich Dad Poor Dad" by Robert Kiyosaki.
4. **Podcasts**: Podcasts are a great way to learn about finance on the go. Some popular finance podcasts include "Planet Money", "The Dave Ramsey Show", and "The Motley Fool".
5. **Financial News**: Regularly reading financial news can help you stay up-to-date on current events and trends in finance. Consider subscribing to financial news outlets like The Wall Street Journal, Bloomberg, or The Financial Times.
6. **Networking**: Joining a finance club or attending finance events can provide opportunities to learn from professionals in the field.
7. **Investment Simulations**: Platforms such as Investopedia's Stock Simulator can give you practical experience without risking real money.
8. **Certifications**: If you're looking to specialize in a particular area of finance, consider pursuing a certification, such as the Chartered Financial Analyst (CFA) or Certified Financial Planner (CFP) designations.
9. **Mentorship**: If possible, find a mentor in the field of finance. They can provide valuable guidance and insights based on their personal experience.
Remember, learning about finance is a journey that requires time and patience. Take it step by step, and over time, you'll see your knowledge grow.
1. **Formal Education**: You can enroll in finance courses at a college or university. Many institutions also offer online courses that can help you understand the basics or delve deeper into specific topics.
2. **Online Learning Platforms**: Websites such as Coursera, Udemy, and Khan Academy offer courses on a wide range of finance topics.
3. **Books**: There are many great finance books that can help you understand the basics and more complex topics. Some popular choices include "A Random Walk Down Wall Street" by Burton Malkiel, "The Intelligent Investor" by Benjamin Graham, and "Rich Dad Poor Dad" by Robert Kiyosaki.
4. **Podcasts**: Podcasts are a great way to learn about finance on the go. Some popular finance podcasts include "Planet Money", "The Dave Ramsey Show", and "The Motley Fool".
5. **Financial News**: Regularly reading financial news can help you stay up-to-date on current events and trends in finance. Consider subscribing to financial news outlets like The Wall Street Journal, Bloomberg, or The Financial Times.
6. **Networking**: Joining a finance club or attending finance events can provide opportunities to learn from professionals in the field.
7. **Investment Simulations**: Platforms such as Investopedia's Stock Simulator can give you practical experience without risking real money.
8. **Certifications**: If you're looking to specialize in a particular area of finance, consider pursuing a certification, such as the Chartered Financial Analyst (CFA) or Certified Financial Planner (CFP) designations.
9. **Mentorship**: If possible, find a mentor in the field of finance. They can provide valuable guidance and insights based on their personal experience.
Remember, learning about finance is a journey that requires time and patience. Take it step by step, and over time, you'll see your knowledge grow.