Decisions students make today can affect not only their life now but have an impact on their future. If students make wise financial decisions, life can become a more joyous experience. While there are no guarantees there won't be hardships ahead, the material in the 14th edition of Personal Finance can provide you with the information needed to weather a pandemic, an unexpected job loss, or the next crisis. Personal Finance was written with one purpose: To provide the information you need to make informed decisions that can literally change your life. This edition is packed with new and updated information and examples to help students plan for the future and achieve financial security. For example, we have revised important topics like taxes, banking services, college loans, health care, investments, and retirement planning. In addition, our new features personal FinTech and digital financial literacy are both designed to help you use technology to improve financi
Table of Contents
Part 1: Planning Your Personal Finances
Chapter 1: Personal Finance Basics and the Time Value of Money
Appendix: The Time Value of Money
Chapter 2: Financial Aspects of Career Planning
Appendix: Résumés, Cover Letters, and Interviews
Chapter 3: Money Management Strategy: Financial Statements and Budgeting
Appendix: Money Management Information Sources and Advisors
Chapter 4: Planning Your Tax Strategy
Part 2: Managing Your Personal Finances
Chapter 5: Financial Services: Savings Plans and Payment Methods
Chapter 6: Introduction to Consumer Credit
Chapter 7: Choosing a Source of Credit: The Costs of Credit Alternatives
Part 3: Making Your Purchasing Decisions
Chapter 8: Consumer Purchasing Strategies and Legal Protection
Appendix: Consumer Protection Agencies and Organizations
Chapter 9: The Housing Decision: Factors and Finances
Part 4: Insuring Your Resources
Chapter 10: Property and Motor Vehicle Insurance
Chapter 11: Health, Disability, and Long-Term Care Insurance
Chapter 12: Life Insurance
Part 5: Investing Your Financial Resources
Chapter 13: Investing Fundamentals
Chapter 14: Investing in Stocks
Chapter 15: Investing in Bonds
Chapter 16: Investing in Mutual Funds
Chapter 17: Investing in Real Estate and Other Investment Alternatives
Part 6: Controlling Your Financial Future
Chapter 18: Starting Early: Retirement Planning
Chapter19: Estate Planning
