Exploring Financial Skills as a Non-finance Professional
I hope this is an appropriate place to seek advice. As I navigate my 40s, I’ve come to realize that enhancing my understanding of finance and Accounting could be incredibly beneficial. I’m currently working on improving my stock portfolio and climbing the corporate ladder, and I believe that gaining this knowledge will help me in these endeavors.
If anyone could recommend resources for someone with no finance background to get a grasp on the basics of finance and Accounting, I would greatly appreciate it. I’ve been hesitant to dive into this subject due to my struggles with math, especially mental arithmetic, which has often caused me some anxiety about learning finance.
Despite this, I have a genuine interest in finance, saving, and the markets.
I found this Udemy course that looks promising: Complete Financial Analyst Course.
I’m located in the UK and I’m curious if resources like this would be relevant to UK finance—though I assume the fundamentals remain consistent.
Thanks for your guidance!
One response
It’s great to hear that you’re taking the initiative to learn more about finance and Accounting! Building knowledge in these areas can definitely help with your investments and career advancement.
The course you found on Udemy looks like a solid starting point. Many of them cater to beginners and break down complex concepts into manageable pieces. Just like you mentioned, the fundamentals of finance and Accounting are largely universal, so the principles should apply well in the UK context as well.
Here are a few additional resources and recommendations to consider:
“The Intelligent Investor” by Benjamin Graham – A classic for understanding value investing.
Online Courses:
FutureLearn: This UK-based platform often has finance courses from UK universities that would be applicable to your context.
Podcasts & YouTube Channels:
YouTube channels like Graham Stephan or Andrei Jikh focus on investing and financial literacy in an accessible way.
Practice Tools:
Use apps or websites that simulate stock trading or allow you to practice budgeting and financial modelling without the risk of real money.
Finance Communities:
Remember to pace yourself, especially with math. Familiarity will improve with practice, and there are plenty of resources designed for those who may struggle with mental arithmetic. Good luck on your journey to financial literacy!