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via Udemy |
Go to Course: https://www.udemy.com/course/finances-for-new-couples/
I recently had the opportunity to explore the Coursera course titled **"Personal Finance 101 for New Couples Who Don't Want to Split"**, and I highly recommend it for couples at the start of their journey together. This course addresses a crucial, yet often overlooked, aspect of relationship success—financial literacy and communication. **Overview and Relevance** Research highlights that nearly 45% of divorces are caused by money issues, making financial compatibility and literacy essential components of a healthy relationship. What makes this course particularly valuable is its focus on couples who are about to move in together or are newly committed. It emphasizes understanding each other's money beliefs, habits, and overall financial health—an important step most couples neglect before planning their future. **Course Content and Structure** The course offers a comprehensive overview of key financial concepts through multiple accessible formats: videos, audios, PowerPoint slides, and text. It’s designed to be completed in around two hours of screen time—a manageable investment for such vital knowledge. The course is supplemented with practical worksheets aimed at fostering open dialogue between partners about their financial beliefs, goals, and existing financial situations. One of the highlights is the course's focus on exploring individual and shared beliefs about money—sometimes hidden but powerful influences on financial decision-making. This insight can help couples avoid conflicts and misunderstandings down the line. **Strengths** - **Practical Approach:** No quizzes or homework burdens, just life strategies you can implement immediately. - **Flexibility:** Multiple format options support different learning styles. - **Expertise:** Taught by a former high school math teacher passionate about financial literacy, ensuring clarity and engagement. - **Support:** The instructor offers accessibility for questions, providing additional help as needed. **What I Liked** I appreciated how approachable and straightforward the course was, making complex financial concepts easy to understand for individuals without a background in finance. The emphasis on communication and shared beliefs is insightful and could be transformational for couples wanting to prevent future misunderstandings or conflicts. **Recommendations** This course is ideal for: - Newly engaged or cohabiting couples. - Anyone who wishes to improve their financial literacy with their partner. - Couples who want to start building a transparent and aligned financial future. Given its brevity yet impactful content, it’s a great investment of time with long-term benefits. I advise completing the worksheets and reviewing the materials multiple times to truly absorb and apply the lessons. **In summary**, if you’re a couple looking to establish a solid financial foundation before making significant life decisions, **"Personal Finance 101 for New Couples Who Don't Want to Split"** is a highly worthwhile course. It provides the tools and knowledge to navigate money matters confidently, fostering stronger relationships and better financial health. --- I tailored this review to highlight the course's practical benefits and relevance for couples, emphasizing its accessibility and value. If you'd like a more concise summary or specific focus areas, just let me know!
Research shows that 45% of divorces are because of money issues. Even couples who aren't married can be affected by the powerful effect money problems can have on a relationship. Most people were not taught financial literacy in school. Many did not learn how money works from their parents who may not have learned it from theirs. And yet, this is a topic that affects every single one of us as we have to navigate through a world that's structured around money. Financial literacy is extremely important if you're a new couple - or about to become one. Lack of basic financial knowledge and differences in money beliefs has been noted as one of the top factors in why couples separate or divorce. Couples spend time and money planning where they'll live, what a wedding would be like, and how they'd like to grow a family. But they seldom take the time before moving in together to see if they have the same outlook about money. How about you? ·Are you a spender or a saver? How about your partner? ·Do your jobs have a way of providing for your future? If not, how will you do it? ·Do you make enough money to support the life style you want? ·Do either of you have debt - credit card, student loans, home, car, money owed to family and friends? ·Do you know how money really grows - in what you own and what you owe? If you're not sure about the answers to these questions, this course is for you. If you want to avoid being a divorce statistic, you might want to check out these lessons - basic financial concepts and an examination about what you both believe about money. Your beliefs matter more than you might suspect. Ever wonder why most big lottery winners go bankrupt within 7 years? Because their beliefs about money weren't in alignment with the money they had. I've called the various subjects ‘Secrets' because they have not been common knowledge to most of us growing up. Each section/Secret is presented in four formats so that you can learn and absorb the content in the way you learn best. ·Video ·Audio ·PowerPoint ·Text The course will take you about two hours of screen time. You will need more time to do the worksheets which are designed to help you and your partner communicate about your beliefs and the specifics of your finances. Time is precious for all of us so I did not include homework or quizzes of any kind. These are practical life strategies that you will want to learn and put into practice as you see fit. I do recommend completing the worksheets and reviewing the materials repeatedly until you have mastered and implemented the lessons. I'm a former high school math teacher who never learned what is contained in this course until I discovered it for myself as a soon to retire adult. Because I was never taught the basics in school or at home (or taught it to my students), I've been passionate about sharing what I've learned from some of the best minds any chance I get. I will be available at least twice a week (probably more) to answer questions you might have as you take the course. Enjoy and congratulations on your new relationship!