{"id":134746,"date":"2021-09-15T00:00:00","date_gmt":"2021-09-15T00:00:00","guid":{"rendered":"https:\/\/trybeem.com\/blog\/personal-finance-101-7-financial-health-tips-you-can-learn-online\/"},"modified":"2024-05-10T06:47:49","modified_gmt":"2024-05-10T06:47:49","slug":"personal-finance-101-7-financial-health-tips-you-can-learn-online","status":"publish","type":"post","link":"https:\/\/trybeem.com\/blog\/personal-finance-101-7-financial-health-tips-you-can-learn-online\/","title":{"rendered":"Top 7 financial health tips you can learn online"},"content":{"rendered":"\n<p>For namesake, we\u2019ll call this mini online course \u201cPersonal finance 101\u201d. This course is just the baby steps you can take to become self-sufficient with your money. It is inclusive of all the basics and more.&nbsp;<\/p>\n\n\n\n<p>Our mini-course has just 7 super easy tips you can use. Definitely, something you can add to your \u201clearned online\u201d bucket list.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial goals? Create and score them<\/h2>\n\n\n\n<p>Before you start to<a href=\"https:\/\/trybeem.com\/blog\/how-to-take-pride-in-your-personal-finances-best-tips\/\"> teach yourself about personal finance<\/a> online, try an understand why you want to learn about money first.<\/p>\n\n\n\n<p>Ask yourself what you want to change financially? And how it will benefit your life now and your financial future? Ask yourself learning about money is so important to you? Because if you don\u2019t know your <a href=\"https:\/\/trybeem.com\/blog\/six-tips-to-set-financial-goals-in-2023\/\">financial goals<\/a>, it might be hard to know where to start. The more you discover why you want to do what you want, the more motivation to get it done. Only then will you be better off putting in the work to learn.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Put those numbers down in writing<\/h2>\n\n\n\n<p>Okay, one more thing, after your goals have been set, know that it\u2019s also a good time to put a bunch of numbers down on a sheet. And we\u2019re talking your salary, monthly take-home, total monthly expenses, what you have saved (if anything), investments (if you have any), etc. Nothing fancy, just a simple and data dump of this info.&nbsp;<\/p>\n\n\n\n<p>When you see all this in one location, it will help you adjust your goals and make a spending plan. This will also be a wake-up call when you in case you overspend unnecessary things.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Read books on personal finance, lots of them!<\/h2>\n\n\n\n<p>If you want financial knowledge, then you\u2019ve got to do what you\u2019ve got to do\u2014even if you think it sounds like a snoozefest. Read books about money, there are tons of great books out there that make learning about money easier. You only need to dedicate 1-2 hours each week reading a money book.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Open an investing account&nbsp;<\/h2>\n\n\n\n<p>Wait, you\u2019re telling me to open an investing account when I don\u2019t know jack about it? Don\u2019t worry, hear us out! It\u2019s for your own financial good.<\/p>\n\n\n\n<p>Whatever your<a href=\"https:\/\/trybeem.com\/blog\/broker-charges-what-you-need-to-know-before-finalising\/\"> financial institution <\/a>of choice, you can open an account and contribute a small amount to start learning how it works.&nbsp;<\/p>\n\n\n\n<p>Disclaimer: Never put all your money in or risk investing in individual stocks to start. The goal here is to take baby steps to invest and learn how things work.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Talk to someone who knows better<\/h2>\n\n\n\n<p>Sometimes the best advice and knowledge comes from someone who\u2019s got it all figured out! Yes, people like that exist. It could be a colleague, a trusted family member, or even a close friend.&nbsp;<\/p>\n\n\n\n<p>And no, we\u2019re not talking about advice on the latest investment or comments on Bitcoin.&nbsp;<\/p>\n\n\n\n<p>You want to talk to someone who has a proven track record of knowledge and success. Their advice will motivate and teach you what worked for their finances.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Read personal finance blogs<\/h2>\n\n\n\n<p>If you are reading this, then you are already on the right track! Wink wink.<\/p>\n\n\n\n<p>But seriously, <a href=\"https:\/\/trybeem.com\/blog\/finance-control-6-ways-to-get-started\/\">personal finance blogs<\/a>, or as we call them \u201cmini-courses\u201d can expand your knowledge and viewpoints. We at Beem publish a ton of those.&nbsp;Check us out!<\/p>\n\n\n\n<p>These blogs can help you think differently and understand the basics of personal finance online. Blogs are insightful and inspiring.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Use money tools for your finances<\/h2>\n\n\n\n<p>As you start to make better financial decisions, some tools can help you manage your money effectively. You can&nbsp;<a href=\"https:\/\/trybeem.com\/blog\/\" target=\"_blank\" rel=\"noreferrer noopener\">Subscribe to Beem<\/a>, you can even save, spend, plan and protect your money. With Beem, you can track important financial data and understand more about your money.&nbsp;<\/p>\n\n\n\n<p>See also about: <a href=\"https:\/\/trybeem.com\/blog\/50-30-20-rule-how-to-apply-it-effectively\/\">Applying the 50 30 20 Rule: Managing Your Finances<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Final thoughts on personal finance online<\/h2>\n\n\n\n<p>You don\u2019t need to be an expert to manage your finances and you can have little to no background and still be able to nail your financial health.&nbsp;<\/p>\n\n\n\n<p>And while you might\u2019ve taken control of your finances on one level, keep learning and keep moving forward. Re-read those books or find new ones. Chat with people, watch documentaries related to money, etc. Keep growing. Financial management doesn\u2019t stop at one level. And stay motivated. How? Listen to the&nbsp;<a href=\"https:\/\/open.spotify.com\/show\/3egKhSvaXl8qY6Fy2Xpr6A\" target=\"_blank\" rel=\"noreferrer noopener\">Beem<\/a>&nbsp;podcast. Listening to how others overcame their financial struggles will help you realize you can do it too!<\/p>\n\n\n\n<p>The bottom line? Don\u2019t stop learning, take action and stay consistent if you want real results. Good luck on your financial journey!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Have you ever felt like it&#8217;s a struggle to be on good terms with your money? The good news is that being good with or getting better with your money isn\u2019t difficult. So, in light of National Online Learning Day, we\u2019re going to take you through a short personal finance course.<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2313],"tags":[107,163,168,170,191,216],"edited-by":[],"class_list":["post-134746","post","type-post","status-publish","format-standard","hentry","category-earn","tag-financial-planning","tag-money","tag-money-matters","tag-money-saving-tips","tag-personal-finance","tag-save-money"],"acf":[],"_links":{"self":[{"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/posts\/134746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/comments?post=134746"}],"version-history":[{"count":0,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/posts\/134746\/revisions"}],"wp:attachment":[{"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/media?parent=134746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/categories?post=134746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/tags?post=134746"},{"taxonomy":"edited-by","embeddable":true,"href":"https:\/\/trybeem.com\/blog\/wp-json\/wp\/v2\/edited-by?post=134746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}