Managing your personal finances and understanding the concepts is critical if you want to maintain your financial well-being, so holes in your knowledge can come with serious consequences. Luckily, there are plenty of free online courses that can help you improve your financial literacy. Here are seven free online courses that everyone should consider taking.

1. Personal Finance 101: Everything You Need to Know – Udemy

If you want to get a grip on the basics, this course is ideal. It covers basic concepts in key areas like debt management, credit building, planning for retirement, understanding credit cards, and more. The class even teaches participants how to file tax returns.

This online course has three hours of video and 52 downloadable resources. When you sign up, you get lifetime access to the materials. Plus, it is mobile-friendly, so you can even squeeze in a lesson while on the go.

2. Personal & Family Financial Planning – Coursera

A University of Florida creation, this online course is approximately 13 hours long, covering critical topics about financial planning. Everything from budgeting to taxes is reviewed in the class, and you have access to videos, reading materials, and even quizzes to help make sure you absorb the information.

The class is highly accessible, and the information is easy for beginners to digest. If you want to build a strong financial literacy foundation, this option is worth checking out.

3. Finance for Everyone: Smart Tools for Decision-Making – edX

A course from the University of Michigan, this class focuses on how to make sound financial decisions during your daily life. The class takes about six weeks to complete (five to six hours each week) and only requires an understanding of basic math and high school-level algebra.

Some of the information focuses on key life decisions, like whether you should rent or buy a home, how to evaluate buying a car and dealing with student loans. It also dives into other more advanced areas, like investing in stocks and bonds and resource allocation, ensuring you can make wise decisions over the long-term.

4. Financial Literacy – ALISON

This six- to 10-hour course concentrates on the basics of personal finance. From budgeting and saving to debt management and retirement planning, this class aims to improve your overall financial literacy to ensure you can manage your today and plan for tomorrow.

The class also covers a few additional topics, like insurance options, wages, and taxes. Each main point is its own module, making the content highly digestible and each learning session short enough to fit into nearly any schedule.

For the list of the rest of the courses, go to