| Description |
ix, 177 pages : illustrations ; 23 cm |
| Contents |
To instructors -- To students -- Introduction to personal finance -- Understanding the personal financial investmnet problem -- Calculating how much money you need -- Financial goal setting -- Track your spending -- Pre-investment steps -- Basic types of paper financial assets -- The basic language of investing -- Factors that affect return -- Stocks -- Bonds -- Mutual funds -- Portfolio design -- Three explicit examples of investment problems -- A survey of retirement savings plan -- Action plan -- College choices and student loans -- Reasons people fail in the world of investments -- How to purchase financial assets -- Information sources about personal finance -- How to select a financial planner -- Life stage concerns -- Summary of insights and advice -- Appendix 1 Future value of present sum -- Appendix 2 Future value of annuities -- Appendix 3 Federal student loan options -- Appendix 4 Answers to equations. |
| Summary |
"Teaches the basics of personal finance by involving the reader in various financial exercises and eventually constructing a personal financial plan. Users not only track their spending for a month, but also set personal financial goals and incorporate them into a realistic budget. This book also teaches time-value of money calculations, which enable readers to calculate their necessary monthly savings in order to reach targeted. investment goals. This book conducts a thorough review of credit, complete with strategies to pay off credit card and other forms of debt. It features discussions on student debt as well, with particular attention to appropriate pay-down strategies and the financial payoffs to different academic majors. It immerses users in real and purposeful financial activities, while teaching personal finance vocabulary and encouraging readers to take seriously the financial side of their lives."-- Provided by publisher. |
| Subject |
Finance, Personal.
|
|
Investments.
|
| Added Author |
Rumker, Terry E.
|
| ISBN |
9780739188767 (pbk. ; alk. paper) |
|
0739188763 (pbk. ; alk. paper) |
|
