Should More Colleges Offer Personal Finance Classes?

No matter what stage of life you’re in, brushing up on your financial literacy skills can be key to achieving your financial goals. This can be particularly true for college students and recent grads, many of whom are just starting out with steep debt in a tough economy.

Fortunately, more and more students seem to understand the importance of learning how to earn, spend and save more effectively. And they’re speaking out.

Fox Business recently reported that the number of college students who are interested in taking personal finance classes at their college has grown significantly in recent years. Students have also started to urge their colleges to expand their current course offerings in personal finance.

Here at the Ally Straight Talk Blog, we agree that learning how to save can help you achieve your financial goals. We’ve talked about how easy saving can be, a few ways to build an emergency fund, and how our new IRA products can help you save for your retirement.

Even if you’re not enrolled in a college that offers classes in personal finances, there are a number of ways to continue learning how to manage your finances and improve your savings strategies. Sites like,, Khan Academy and offer a number of personal finance tips and lessons that can help you stay on top of your finances. Also, don’t be afraid to ask for a bit of advice from someone you trust like a parent or other relative who has displayed financial savvy.

Would you take a personal finance class at a college? What are some ways that you’ve brushed up on your financial literacy?

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1 comment

  1. 1

    Why not start in high school. What % of students walk out their HS doors and actually use the geometry, calculus, algebra, etc. that they had to sit through? Many of the people in went to college with had no clue how to balance their budgets once they were living outside of the dorms. The earlier the better.

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