April is Financial Literacy Month so we figured it would be a good idea to curate some of our favorite finance-related resources. Certainly not an exhaustive list, but a good start for anyone interested in improving their understanding of finance. If you have any others you’d like to see on the list, just leave us a comment! Now, go be brilliant!
Financial Literacy Resources
Large, comprehensive investing glossary with daily tips.
MyMoney.gov is the official US government website created to improve the financial literacy of the American public. The site is well-designed with 3 clear sections that help with financial know-how for each stage of your life, supported with other resources and tools.
Popular, comprehensive resource for investing education. They also offer a rudimentary stock market simulator.
HowStuffWorks explains thousands of topics, from engines to lock-picking to ESP, with video and illustrations so you can, well, learn how stuff works. Their money section has a pretty decent selection of finance related topics that can help you improve your financial literacy.
Online video tutorials covering a plethora of topics, including finance. Just use the search in the top navigation and you should be able to find a video on whatever you’re interested in learning.
Provides financial tips about budgeting, a debt calculator, and more. They offer a newsletter if that’s your thing.
From their About page: To help consumers and students of all ages learn the essentials of personal finance, Visa has partnered with leading consumer advocates, educators, and financial institutions to develop the Practical Money Skills program…Practical Money Skills for Life is educator-developed and educator-approved, and the program has reached millions of students across the nation.
Not a comprehensive source, but some helpful guides about insurance, credit & debt, banks, bankruptcy laws, surviving theft of financial identity, and investing.
Yahoo’s financial portal. News and more about investing and personal finance. A great place to start your journey.
Similar to Yahoo! finance. Just an all around great place to start and stay up-to-date on finance-related topics.
A well-known name in financial circles. Kiplinger publishes business forecasts and personal finance advice across the entire media spectrum. They offer a weekly business and economic forecasting periodical call The Kiplinger Letter, but it requires a paid subscription (the email updates from the website are free, however). They also offer a section specifically intended for the first-time investor who is looking to learn the basics.
Smart Money is part of the Wall Street Journal media network offering resources on investing, personal finance, retirement, taxes, you name it. The site offers individual investors a range of rudimentary tools like watchlists, stock screeners, market maps, and the SmartMoney LifePlan is a step-by-step guide to investing.
(Shameless plug!) SprinkleBit is the first authentically social online investment platform. Best known for our social stock simulator which combines a vibrant investor community with a state-of-the-art stock simulator so you can discuss your virtual investments and see how others are trading, we also provide interactive finance education through SprinkleBit University. Free to join.
One of the main sources of financial dictionary is the financial glossary by Campbell R. Harvey, renowned finance expert and J. Paul Sticht, professor of International Business at Duke University. It provides concise definitions of 8,000 terms with 18,000 useful links. This information comes from the world of banking and investing, providing users with thorough and reliable meanings to all the most common, and even uncommon, financial terms.
Economics A to Z is adapted from “Essential Economics”, by Matthew Bishop. Another great place to learn the language necessary to become a better investor or to just brush up on terms that are relevant to your financial life.
A bare-bones glossary of finance terms. Useful.
We hope these resources help with improving your financial literacy. Know of others? Share them in a comment and we’ll add them!