When is the best time to learn a financial management course?
When you’re in a career where you can learn financial products and services without the pressure of having to do it all by yourself.
But if you’re a young person looking to jump in on the financial industry as an early career, the question might seem moot.
“The thing is, we are so busy right now, you really don’t have time to go through all the paperwork,” says Kristin O’Brien, the managing director of financial management tutoring company, Business Financial Management Tutoring.
In the United States, financial managers can learn everything from financial planning to tax planning.
But they can also teach financial products like estate planning, estate planning for small businesses and estate planning that deals with money management, such as investing in a bank or checking account.
So what’s the best way to learn finance?
The best way, experts say, is to have the right person in your corner.
“People tend to gravitate to their local community, to their schools, to the people who are in their community who can help them understand how to do this,” says David Cramer, the president and CEO of Cramer Financial Management.
“And they don’t necessarily want to do that for years and years,” he adds.
“So it’s up to the individual student to decide how long they want to go and what they want in their financial management.”
If you’re interested in learning more, visit the American Financial Management Institute website.
The financial services industry in the United Kingdom is a little more challenging to navigate, according to the American Association of Financial Services (AAFS).
The British Association of Credit Counsellors (BACC) has an educational guide that you can download for free.
“You have to be in a good position in the industry, and you have to have a lot of qualifications,” says Jessica O’Sullivan, director of the BACC.
She says it’s important to get the right skills and knowledge so you can make the best decision possible.
“If you want to make the right decisions, you need the right people in your field and the right resources, which is where the British financial services are so successful.”
The BACB says it is in contact with the BSA to learn more about the financial services profession.
“We’re always working on getting the best guidance for the industry to help us to better serve the UK economy,” Ms O’Sullivans says.
“As a result, we have to keep learning, keep updating and improving our services and services to make sure we can keep our businesses running and growing.”