We’ve all got our own strategies for improving our financial education, whether it’s reading blogs (like this one!) or taking online courses (like the ones provided here at Wall Street Survivor!). But if you’re more of an audio-visual learner, perhaps you are looking for some videos to walk you through these same lessons?
Well in case you haven’t heard, the internet has videos of everything lately. Videos of President Obama between two ferns, videos of Kimye posing for Vogue, and yes, videos about finance and investing.
Below you’ll find some of our favorite online video series to help you continue your financial education.
If x’s and o’s is what you’re after, you might want to check out the chalkboard lessons over at Kahn Academy. The folks at this site are on a mission to provide “A free world-class education for anyone anywhere”. Which means they’re offering you access to tons of online curriculums, all for free.
Their lessons are literally like watching a professor give you a lesson on a blackboard; along with simple yet easy to understand narration, a professor walks you through each lesson step by step. Perhaps their most unique selling point, though, is the comment board beneath each video where users can ask questions of the professor. Just like a real classroom!
Kahn Academy offers a wealth of educational videos on economics and finance. Check out this tax video, for example, which might be of particular interest this time of year:
Even if you haven’t listened to a TED Talk personally, I’m assuming you’ve seen them linked to incessantly on your Facebook feed. This is because their incredibly wide variety of topics has appeal to an incredibly wide variety of people. Started as a conference in 1984, TED aims to serve as a platform for a breadth of innovative and intelligent ideas… including investing and finance!
TED offers a good aggregation of people from several different industries. Because our macroeconomic landscape is shaped by all of these countless actions and reactions from different parties, as an Investor it never hurts to be knowledgeable about trends popping up across the business world. TED is a good place to start for information on a broad scope of ideas.
If you are looking for inspiration to start saving more than spending, a particularly good TED Talk from David Goldstein titled “The Battle Between Your Present and Future Self” can be found here.
Wall Street Survivor
Here at Wall Street Survivor, we’ve got a pretty large library of educational videos.
Presented in the same simple, engaging, and fun way as our courses, these videos are a great resource if you’re looking to supplement your knowledge on a given financial subject.
With topics ranging from the different financial statements to the workings of an initial IPO, the animated clips are only a few minutes long. This way, they can also serve as quick and effective “refreshers” for material you’ve already covered.
How Stuff Works
If you’re like me, you probably visit howstuffworks.com primarily for questions like, “How do I install my window AC unit?” or “How do I change my own oil?” However, they do have an entire section devoted to the “How To’s” of dealing with money.
The benefit of howstuffworks.com is access to short, informative videos from real people. Topics include videos walking through the use of an ATM, for example, or teaching you the pros and cons of using a store branded credit card.
Another interesting feature is their library of short interviews with successful entrepreneurs titled “How to Make Millions.” If your workday is moving a little slowly, why not fill the time with a couple minutes of business advice from the founders of Firefox or Daily Candy? If your boss catches you online, at least you can say its “research.”
Secret Millionaire’s Club
We’ve got something for the kids too… and they are probably the best videos of all. Brought to you by the one and only Warren Buffett, the Secret Millionaires Club is an animated web series aimed at teaching kids important financial lessons. As described on the SMC website:
“The Secret Millionaires Club is an animated series that features Warren Buffett as a mentor to a group of entrepreneurial kids whose adventures lead them to encounter financial and business problems to solve. The program teaches the basic of good financial decision making and some of the basic lessons of starting a business.”
I’m not going to lie, I really want to be a member of this club. One of the webisodes even has an appearance by Warren’s old pal Jay Z!
My favorite part of the series is that each webisode finishes with a segment called “Words from Warren”. As we all know, any time Warren Buffett sits down to give you advice, it’s worth listening to… even if he’s animated.
As you can imagine, these videos (although all very valuable) barely scratch the surface of what different online libraries have to offer in terms of financial literacy. More than likely, if you have a finance question, someone out there is offering to answer it for you. The key is making an effort to ask. After all, as Warren wisely says as his finishing words in Webisode 9 of the Secret Millionaires Club, “The more you learn, the more you’ll earn.”
Wall Street Survivor courses rip out the jargon that you usually find in finance. Learn to invest by building a virtual portfolio as you go through our comprehensive curriculum.