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Best Budgeting Classes

Analyzing where you are spending and saving your monthly income is one of the most important things you can assess. Whether you’re making a budget for yourself, your household or your business, you want to ensure you have enough funds available to fulfill your financial obligations.

Budgeting requires detailed analyses and projections. You need to accurately estimate your income and expenditures so that you can set realistic financial goals. You’ll then need to make adjustments to make sure you can actually reach your goals.

If you properly create a budget, this will allow you to make better use of your money. You can cut costs, prepare for emergencies, and take advantage of investment opportunities. Budgeting takes effort, but it offers tremendous returns.

If you are lost when it comes to making a budget, there are many resources online that can help. You could take advantage of one of the best budget apps, or you can take an online course. We’re going to look at the advantages of taking a course below.

Quick Look: Best Budgeting Classes

  1. Budgeting 101 by Credit.org
  2. Budgeting 101: A System That Works by Skillshare – Get this course
  3. How to Create Your Business Budget by Udemy – Get this course
  4. Financial Literacy by Alison
  5. Win with Money: Four Steps to Take Control of Your Finances by Skillshare – Get this course
  6. Financial Planning & Analysis: Building a Company’s Budget by Udemy- Get this course
  7. Advanced Capital Budgeting: Analysis by Udemy- Get this course
  8. Financial Peace University by Dave Ramsey
  9. The Complete Personal Finance Course: Save, Protect, Make More by Udemy- Get this course

What You Can Get Out of a Budgeting Course

A budgeting course can set you on the path toward financial security. The end goal is simple; spend less than you earn. An online education in budgeting can give you the understanding to make the choices you need to save money. They also can include practical tips when creating your budget.

There are different courses for different types of budgets. If you’re interested in personal budgeting, the appropriate courses will help your household run smoothly. Learn how to analyze your house earnings, costs, and where you can save when it comes to family living.

Ultimately, a budgeting course will give you the tools to make financially viable decisions.

What to Look for in a Great Budgeting Class

Budgeting can be a very subjective practice. Where one family or company can save, another might need to spend. It’s important to assess your financial situation and needs before selecting a class. You should also consider the following:

Course Level and Scope

While the basics of budgeting are relatively straightforward, the more complex your spending, the more intricate saving methods can be. This is why it’s important to find a class which suits both your current knowledge and goals. For example, if you only want to learn how to make a home budget, you don’t a course that goes in-depth into the finances of a large corporation.

Personal vs. Business Budgeting

While personal and business budgeting rely on the same, basic principles, the day-to-day aspects are rather different. Our list focuses slightly more on personal budgeting, but we have also included classes intended for business environments. Make sure you’re considering this, and how advanced you want your budget to be when picking a course.

Price

Budgeting is all about properly allocating your funds, so you will obviously want to consider how much money your spending on a course. Every dollar counts when it comes to spending your paycheck, and you want to make sure you’re buying the best class for your needs.

Just because a class is cheap doesn’t mean it’s not as useful as a more expensive one. It all comes down to evaluating what the course teaches and what student reviews say about its effectiveness.

The Best Online Budgeting Classes

We’ve created a list of the best budgeting classes that can help you get your finances in order, whether that’s at home or at work. They cover different skill levels and price points to help you find one that best fits your financial situation.

Best for Beginners

These courses are likely your first introduction into the field of budgeting

1. Budgeting 101 by Credit.org

Budgeting 101 by Credit.org
Source: Credit.org
  • Who’s it for? Beginners
  • Price: Free

The first entry on our list is a very brief course which goes over the essentials of budgeting. It explains how to track your spending and goes over the different categories of expenses that factor into this calculation. Budgeting 101 also gives a general idea of how much to spend on different common expenses and provides an Excel spreadsheet to help you keep track of your budget.

Though this is not an extensive course, it is completely free and you don’t need to register. If you do, you can access two optional quizzes.

2. Budgeting 101: A System That Works by Skill Share

Budgeting 101: A System That Works by Skill Share
Skillshare.com
  • Who’s it for? Beginners
  • Price: On sale

The goal of this Budgeting 101 course is to walkthrough the process of creating your own budget. It will help you better understand your expenses, income, and explain how to set goals to get out of debt and increase your savings.

It primarily focuses on using Excel and students will receive templates they can put to immediate use. By the end, you should gain a different outlook on your personal finances. You need premium access to Skillshare to take this course, which costs $15 per month or $99 per year. However, you can access the course using their one-month free trial.

Get this course

3. How to Create Your Business Budget by Udemy

How to Create Your Business Budget by Udemy
Udemy.com
  • Who’s it for? Beginners
  • Price: On Sale

While the previous two classes covered the basics of personal budgeting, this How to Create Your Business Budget does the same for company finances. It is designed for entreprenuers looking to handle their business’ finances.

The class explains different types of expenses business owners need to consider, such as fixed and discretionary, and looks at techniques you can use to estimate your revenue and cash flow. It is a starting point for business budgeting, as it is not the most comprehensive course out there.

Get this course

Best for Intermediate Knowledge

These courses go more in-depth into the matter of budgeting and finance.

1. Financial Literacy by Alison

Financial Literacy by Alison
Source: Alison.com
  • Who’s it for? Intermediate
  • Price: Free

Financial Literacy takes students past the bascis of making their own budget. The class also covers several important aspects related to personal finance, incuding managing debt, insurance, banking products, taxes, and more.

It also touches on ways to maximize your savings and how to plan for retirement. Financial Liteacy takes around 10 hours to complete and provides you with a better understanding of how to manage and allocate your money.

2. Win with Money: Four Steps to Take Control of Your Finances by Skillshare

Win with Money: Four Steps to Take Control of Your Finances by Skillshare
Source: Skillshare.com
  • Who’s it for? Intermediate
  • Price: On sale

Win with Money is another course that covers the basics of creating a budget and offers tips on how to stick to what you’ve created. It then goes to cover additional topics dealing with your personal finances. Your instructor teaches about the importance of creating an emergency fund and how to factor that into your budgeting. It also touches on building wealth through investment.

Just like the other Skillshare course mentioned, it requires a premium subscription; however, it can be accessed through a Skillshare free trial.

Get this course

3. Financial Planning & Analysis: Building a Company’s Budget by Udemy

Financial Planning & Analysis: Building a Company's Budget by Udemy
Source: Udemy.com
  • Who’s it for? Intermediate
  • Price: On Sale

Financial Planning & Analysis aims to provide you with the skills you need to create a comprehensive budget for a company from scratch. The course also teaches you how to forecast sales, production costs, and different types of business expenses. You will also learn about cash flow, the management of fixed assets, and more. The course includes tasks to solve, where students will receive personalized feedback.

Get this course

Best for Advanced Knowledge

These courses are for students with a background in budgeting that want to take their skills to the highest level.

1. Advanced Capital Budgeting: Analysis by Udemy

Advanced Capital Budgeting: Analysis by Udemy
Source: Udemy.com
  • Who’s it for? Advanced
  • Price: On Sale

Advanced Capital Budgeting teaches you to deal with a company’s large expenses and major investments. It requires a different approach compared to operational budgeting, and this course aims to provide you with those skills.

You will learn how to prepare the required analyses and how to quantify the associated risks using several methods. The course also covers due diligence and answers very specific questions related to company budgets. It is also the most affordable course in this category.

Get this course

2. Financial Peace University by Dave Ramsey

Financial Peace University by Dave Ramsey
Source: Daveramsey.com
  • Who’s it for? Advanced
  • Price: 129.99

Financial Peace is more than just a course; it’s a full program. With your purchase, you will get a workbook and access to nine lessons to teach you about budgeting, emergency funds, insurance, and more. Additionally, you’ll become a member of the Financial Peace community for a year.

This grants you access to EveryDollar Plus, an app that to keep track of, and manage, your budget. You’ll also get continued support, tools, and the ability to join local groups. After the year has ended, the continued membership will cost $99/year should you choose to continue.

3. The Complete Personal Finance Course: Save, Protect, Make More by Udemy

The Complete Personal Finance Course: Save, Protect, Make More by Udemy
Source: Udemy.com
  • Who’s it for? Advanced
  • Price: On Sale

The last course on our list is the most comprehensive learning experience with around 16 hours of video, over 100 lectures, and a plethora of other resources.

It covers budgeting, dozens of ways to cut costs, taxes, fees, insurance, retirement plans, choosing the right bank, and much more. All of these elements can boost your budgeting efforts, either directly or indirectly, making this course a worthy investment of your time and money.

Get this course

Final Thoughts

Budgeting is a vital step toward achieving financial freedom. This holds true for your household and for your business. With the right skills, you can put your money to better use and have more available when you need it. These courses can help you obtain those skills from the comfort of your own home, and on your own time.

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