Ed­u­cate your­self to make bet­ter fi­nan­cial de­ci­sions

HWM (Malaysia) - - FEATURE -

You’ve prob­a­bly had some­one tell you that you have to find some way to make your money “grow”. Th­ese tid­bits usu­ally drop from the mouths of your more af­flu­ent friends who con­stantly as­tound you with their savvy in­vest­ments, de­riv­a­tives, and all man­ner of fi­nan­cial in­stru­ments. You know, that one friend who bought a house with the prof­its he made off the stock mar­ket?

For the rest of us mere mor­tals who don’t know our hedge funds from unit trusts, this might be the time to get ed­u­cated. We all want to achieve some sem­blance of fi­nan­cial se­cu­rity, but a reg­u­lar sav­ings ac­count is a slow way to do it.

The wide­spread avail­abil­ity of mas­sive open on­line cour­ses (MOOCs) from sites like Cours­era, edX, and Udac­ity means that any­one with an In­ter­net con­nec­tion can take struc­tured cour­ses in their topic of in­ter­est. So if you wanted to learn more about fi­nance in or­der to make smarter de­ci­sions, you could look at a course on edX sim­ply ti­tled “Fi­nance for Ev­ery­one: Smart Tools for De­ci­sion-Mak­ing” that equips you with the skills to eval­u­ate the re­al­world im­pact of im­por­tant choices like whether to rent or buy a home or car.

A sim­ple search on any of th­ese MOOC web­sites will yield a num­ber of cour­ses for you to pick from. The best part is that some of th­ese cour­ses are self-paced, which means that you aren’t bound by the on­ward march of the syl­labus of a reg­u­lar class and can fit your learn­ing around your work sched­ule.

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