Financial Education Sites in the last decades are aware of the increasing need of teaching consumers more about finance. What is the definition of financial literacy? This is the knowledge and skills to make informed and effective money management decisions. By statistics, it is said that 25% of the population is financially illiterate.
Financial education is expensive. But remember you are investing in your future financial independence.
Finance involves the acquisition and management of financial resources (read: money) by institutions, companies and governments.
The finance education sites will teach you updates on traditional personal finance topics, such as budgeting, credit, debt, savings, and investment, and goes beyond those fundamentals to furnish important life lessons on such concerns as Internet fraud, career planning, avoiding financial scams, and starting a business.
Other benefits of using finance education sites are providing useful information on how to avoid bankruptcy, background on the tax system, legal issues that are common for young adults, and information about government benefits they can access. Young users and readers will have basic knowledge of every important area of personal finance.
Top 8 Financial Education Sites
Investopedia is the “largest financial education site in the world”, developed their own academy, complete with trading and investing education marketplace with a high volume of online courses led by highly experienced instructors.
In June 1999, the site was started by Cory Wagner and Cory Janssen as an unbiased investing resource.
Investopedia provided a financial dictionary with about 5,000 terms from banking, personal finance, and accounting and attract about 2,500,000 monthly users.
The German publishing house Axel Springer owns Business Insider.
BI Intelligence, a subscription-based research service was launched by Business Insider with the idea to provides analysis and data on the payments, mobile, eCommerce, digital and social media industries.
In addition to providing and analyzing business news, the financial education site aggregates news stories on various subjects from around the web.
Globally recognized magazine, previously known as Businessweek, later renamed to Bloomberg Businessweek, provides interpretation and information about what all the latest news in the business world.
Bloomberg Businessweek was named as the top business magazine in the country by Adweek in 2011.
MarketWatch is another financial education site that provides financial information, business news, analysis, and stock market data. It is a subsidiary of Dow Jones & Company, along with Barron’s and The Wall Street Journal.
The website is a leading innovator in business news, personal finance information, real-time commentary and investment tools and data.
On October 30, 1997 as a joint venture between CBS News run by Larry Kramer and DBC with 50/50 was launched the website.
The Wall Street Journal is an American business-focused, English-language international daily newspaper based in New York City, with international editions
Wall Street Journal is one of the world’s most popular magazines, providing the latest financial, business and stock news to its wide audience.
CNN operates CNNMoney which is focused on a financial information and news website. The website first was formed between CNN.com, Money magazines, and Time Warner’s Fortune as a joint venture.
CNNMoney is a great finance website that will help you learn how the news affects your finances.
MoneyMorning is another financial education Site that is sharing invaluable information with people and helps you get financial freedom and enjoy financial independence in the new global economy.
Daily insights, investment news and updates are provided from its experts and Money Morning’s newsletters as well as selling various products.
Another great resource and financial education site for investors to stay informed is the Motley Fool. It also provides an analysis of the stock market and leading insight.
The Motley Fool is a private company specialized in investing and financial advice. The website offers guides for new investors, personal finance advice, and articles on how to invest to help investors develop investment strategies and enhance their portfolio returns or retirement.
Even the most finance activities are associated with lots of money, small steps and creating habits of distributing and budgeting your money every month are great finance practices!
And if you want to learn how to manage and procure wealth, and understand the connection between reward and risk or allocate funds studying a finance course will really help you.
Different types of consumers have different needs and this is the most important point to understand about buying financial education.
For more great financial tips and tools that can make you money check some of our other posts in Money Management.