How online finance courses have become popular and changed many people's lives

Online courses have popularized knowledge about personal finance

If financial education was once seen as a subject for the wealthy, and people from lower classes could not even imagine that it could make all the difference in their budget, today this has completely changed. Online courses have popularized this topic and changed the lives of many people, who have learned several important things, from statistics, investments, and budget control to ways to make money online on platforms such as Bizbet.

These courses come in various forms and can range from comprehensive courses to short lessons on how to manage money in everyday life. Here, you will understand how this popularization came about and the possibilities that this advent is bringing to the population.

The beginning of popularization

Social media is among the main forms of content consumption. Many people have already developed the habit of consuming more news through fast and concise platforms, such as Youtube, X and Instagram, than through traditional media. For this reason, financial influencers played a crucial role in the beginning of the popularization of personal finance education.

After all, instead of using super complex terms that were inaccessible to the population, these influencers began to disseminate lighter content, in small doses of knowledge. From then on, many began to follow the tips of content creators and noticed a change in their financial behavior.

After that, many who followed financial influencers became interested in delving deeper into the subject, seeking more complex courses. After all, social media provided an easy introduction. Thus, these users already arrive at online courses with slightly more advanced knowledge, allowing for a greater understanding of what is covered in the lessons.

These influencers even have a specific name: Finfluencers. Among the main topics covered by these content creators are:

• Personal finance.
• Budget control.
• Investments.
• Trading.
• How to make the most of the banking system with the advantages offered by institutions.
• Mental control for achieving long-term dreams.

According to a 2019 survey conducted in India and published by the Business Today portal, the financial literacy rate is estimated to have grown 27% since this popularization. In the same article, influencer Pranjal Kamra spoke about the importance of this alternative way of communicating about finance:“If you look at most business news channels, they primarily focus on market updates; the new investor needs education.”

Financial services have become more accessible

In addition to Finfluencers, other developments have played a crucial role in the popularization of financial literacy. This also has a lot to do with fintechs, which have brought financial products and services that were previously difficult to access to the entire population. Everything that needs to be done at a bank has become easy to do via smartphone at any time and from anywhere.

To win customers, fintechs themselves, especially digital banks, had to invest in educating potential consumers to increase interest in the products offered. Through content marketing, information about investments, for example, has become popular. In this way, those who had never invested in anything in their lives now not only have education on the subject, but also platforms that facilitate the action.

Digital banks have also popularized services that were previously seen as premium and that bring several advantages to customers, such as credit card loyalty clubs. This has also led to the creation of content on this subject. Today, many users conduct complex research and analysis before choosing a card, whereas in the past, they simply accepted what was available.

Finally, it is worth mentioning that the ways to make money online have also multiplied, increasing the importance of financial literacy. Among them are remote work platforms and sports betting on the Bizbet app.

With the popularization of the topic, more complex courses began to emerge

With finfluencers and fintechs and the increased interest in the topic, more and more courses focused on financial literacy have begun to appear. This was also amplified by the consolidation of online education, a movement that grew significantly during the COVID-19 pandemic. After all, without the possibility of taking courses in person, the internet was the way to seek formal learning on a wide range of topics.

And you don't have to spend a lot of money to access high-quality courses on finance. As this is good for the entire population, many renowned institutions offer free comprehensive courses for different levels of prior knowledge. One example is Harvard University, which offers a series of free courses available worldwide. Here are some of them:

In addition to courses from renowned institutions, you can also find complete courses on platforms such as Udemy and Coursera. Furthermore, private tutoring websites such as Preply allow you to schedule lessons tailored to your specific needs, which is extremely useful for managing your personal finances.