Free Finance Lessons

I am starting to build an entire section with free finance lessons (Click here).  I will start from the very beginning and introduce you to Time Value of Money concepts.  I will build from showing the Net Present Value involving a single cash flow one period away, to annuity problems, including examples of bonds and mortgages, to perpetuity problems, to very complex mixed problems.  Please continue to check back for more free lessons.  I encourage you to look at the Store for finance videos that will work nicely with the free written lessons to help you master Time Value of Money.   I also have free samples of several videos on YouTube (Click here).

Finance Tutoring Videos

I have added more finance tutoring videos to the site!  Check out my Store to select any videos you would like to purchase.  I have videos on time value of money, showing how to calculate a basic stream of cash flows net present value, a typical investment or project net present value, the net present value of an annuity and the net present value of a perpetuity.  There are other videos on a few key concepts in finance, including how to calculate the Weighted Average Cost of Capital and explaining with an example the Capital Asset Pricing Model.  I will be adding more and more finance videos to help you learn finance concepts quickly and easily, and at a fraction of the cost of getting a tutor.  All of the finance videos are $2 each, and once you purchase using Paypal you are able to immediately download and watch the video so you can get the help in finance you need right away.  Take Me to the Store

How to Choose the Right Tutor

Choosing the right tutor is of the utmost importance when getting tutoring help. You could spend hours and hours and more and more money, but still not feel like you got any good help.

Once you find someone, the first step is to do a background check.  If the student is a minor (and possibly if they’re not) you will ask to see the tutor’s police check – and request they get one if they don’t have one before starting sessions- this should be a deal breaker if they won’t provide one. Check out their website if they have one, ask to speak to past students (in your subject area) and talk to them on the phone about what they offer and their experience (this also gives indication of their communication skills). Find out their educational and work background – you may want to reference these as well. You really want to have a thorough background check, especially if the student is a minor, has special needs, has a learning disability, or if the tutor is charging a high rate. You can always set up a meeting to talk to the tutor in person and ask them questions – before committing to a session.  Some tutors will even offer a free sample session or like I do – a guarantee on the first session – meaning you don’t pay at the end of the session if you’re not satisfied.

For elementary and secondary students, there are often tutoring or study centers in your area.  Some centers are more like daycare where your child works on their homework, others have real tutoring help or even teaching as part of the session.  You would want to visit the center and stand back while you watch how the teacher/tutor interacts with the students.  You would also want to request a sample session for your child before committing to a length of time or number of sessions.  You will often have to pay for that sample session. After the session take your child home and ask them there how they liked the session and what they learned – actually check what work they did and try to find out the types of questions they asked or things they were told. Also be cautious of tutoring centers that charge really high fees because “they have the best tutors”. I was asked to work for a tutoring agency in Toronto that charged parents $65/hour for their elementary and secondary students to get one-on-one help – but they only paid the tutors $15/hour. Well I’m sure the best tutors would not be working there – because they could get paid a lot more working for themselves. Of course, I chose not to work there, as I charged $45/hour for my help to that age of student.

Finally, make sure they know what they are saying they know.  You should ask them to solve a few questions that you know the answer to. If they have to search through your textbook too much and have difficulty answering (or some just confidently give you an incorrect answer) – you will know they are not a good tutor. Also ask them to explain some concepts you don’t quite understand, and see if you do understand them afterwards.  You will get a good idea of how they teach and if it works for your style of learning. Stop and ask them to explain the answer in a different way – some tutors have great difficulty doing this – but the good ones know how to explain something many different ways until you get it. Also – it is best if you tell the tutor your learning style –and what you would like to get out of the sessions.  This gives the tutor a fair chance to adjust their teaching and format of the session to your needs – so you can get a real idea of what they’re capable of. It’s really important that you as the student or you as a parent encourage your child to give good, honest feedback (such as “I really still don’t get it – please explain it a different way” or “I really like it when you use a graph to explain” or “It’s better if we do practice problems rather than have you just explain it”). It’s not fair to you or the tutor if you sit quietly through a session nodding your head without being involved and interactive.

Remember you can always check out my Store for tutoring videos – or Contact Me with your requests for videos.  Also, my blog on “How to Find a Tutor” and “Who Needs a Tutor” may also be of use to you.

How to Find a Tutor

Many students realize they need some extra help and start by reaching out to their T.A.’s and attending the extra sessions they provide.  They go through all of the materials provided by their course and speak to their professor, but still they find they could use some extra help.  Whether the extra help is needed to master a course in order to achieve a high grade or simply essential to passing the course, many students find themselves in this dilemma.  The student has decided to find a tutor – but where to find one?

Now there are several ways of finding a tutor.  If you are a University student you could talk to your professor and see if they can recommend someone.  Also, most schools have some Academic Support establishment – either school wide or by department.  This type of academic support unit would usually have recommended tutors and information on other sources of help available (including free help).  Now, just because a tutor is recommended by the school it doesn’t mean they are going to be the best tutor out there – it is not very difficult for tutors to get on that list – usually they just submit some information on their background and experience.  However, it does usually mean these tutors have experience teaching in the areas they say they can teach – and they usually have a maximum they can charge.

For elementary and secondary students, you can see what resources your child’s school offers to start – they too will have recommended tutors to suggest. Study centers in wide variety exist to help students at these years.  Some of the centers are more like ‘homework’ or ‘group’ style setting, where the students are watched after school while they do their work – but there can be very little one-on-one help.  Other centers offer more personalized help, one-on-one is the most expensive, but having just a few students to a tutor can also prove very helpful.

For all ages of students, you can search on,, and on google searches (could type in “city”, “grade level”, “subject”, Tutor so for example “Waterloo University Economics Tutor” or “Toronto Math Elementary Tutor) to find a tutor quickly.  There are also many websites that list tutors in your area. You will want to see what kind of background check (if any) the website does before listing a tutor. There are some agencies or websites that actually subcontract to tutors, and may offer up more guarantees, background checks, or assurances than an individual tutor.  However, be weary – many of the best tutors work for themselves because they don’t have to split their pay with an agency, and they have a good enough reputation they get enough clients on their own.

Don’t limit yourself to finding a tutor to meet face to face. There are many online tutoring options or other online materials that you might find very useful and cost efficient. For instance, if you go to my Store you will find tutoring videos at a very low cost, which teach common concepts that students have difficulty with.  The best method is usually to use every resource you have available to you – learning from many different formats will really help you master a concept or entire course.  Look at “Who Needs a Tutor” and “How to Choose the Right Tutor” for more helpful information.

Who Needs a Tutor

As someone that has been tutoring as a profession for many years – I can tell you that many students need a tutor and pretty much all students could benefit from using a tutor. Using a tutor is not just for those that are horribly failing a course or for those with a learning disability – of course these people often really need one.  Using a tutor is also needed by the many students who just can’t learn the material from the professor – or can’t really grasp the concepts without some one on one explanation and discussion.   Sometimes it is just a certain professor’s style of teaching that doesn’t fit with the student’s learning style – or in other cases it is the need for a student to get one on one teaching to really learn effectively.

Unfortunately many students (for lack of time, effort or money in many cases) do not get tutoring help when they are struggling, and instead they resort to just trying to learn the material on their own using the textbook, course slides. and practice material.  The problem with these materials on their own is they are not good for most learners – even a visual learner would need some good illustrations and diagrams to effectively learn from a textbook.  These materials are good supplementary materials – once you understand a concept it easy to read the textbook and do practice problems on that concept – but to actually learn the concept from doing that can be difficult for most.

Also – don’t just think of struggling students as ones that should use a tutor – many students are trying to achieve higher goals than passing – they need a certain grade average to stay in their program or they need to ace their courses to get into a desired post grad program.  Tutoring can provide a great way to get that student the extra 5-10% on their grade they need.  And it’s not just about not being able to learn everything from class lectures, a textbook, and practice problems – some students could ace a course if they really used these sources well.  However – students are also strapped for time – especially ones trying to get good grades in all of their courses – and tutoring can provide an easy way to cut your studying down into a half or a third of what it would be.  I have had students that could get an A on their own – but they love coming to me so I can quickly teach them a concept in a couple minutes that on their own could take an hour to really grasp at the same level.

For those who don’t want to pay for one on one tutoring – you can try different tutoring services that are out there that are a little less costly.  For instance, I charge $70/hour for my one on one tutoring – but on my website I offer videos for as little as $5 that teach you concepts in the same way I would teach students in my tutoring sessions.  I will also be adding other materials to help you out – such as practice problems with solutions, since I know many textbooks don’t offer solutions which makes them of little use to a student.  Search around for other materials, online tutoring, or group tutoring that can reduce your costs in getting additional help.  Don’t get stuck with just looking at your course slides and textbook, thinking that is all that is available to you.

Look at “How to Find a Tutor” and “How to Choose the Right Tutor” for more helpful information.

About Us


Welcome to! I’m Julie Carere and I tutor University students and professionals in the areas of Finance, Accounting, Statistics, and Economics.  I have a Bachelor’s degree in Mathematics and Master’s degree in Business, Entrepreneurship and Technology, both from the University of Waterloo. Check out the Store to see all the videos I have available to teach you concepts in these areas.   If you are a tutor, please register and you will have a tutoring profile for free on the site.  Students will be able to search for a tutor and view your profile.  Please share your profile with students or link to it on your social media or website. Contact us if you have tutoring content available that you want to add to the Store, I will pay you 70% of any money you get from selling content on my site.  I also offer free finance lessons here that work well with the videos to give you a full understanding.