Personal Finance
E. Thomas Garman, Raymond Forgue
Language: English
Pages: 624
ISBN: 1133595839
Format: PDF / Kindle (mobi) / ePub
PERSONAL FINANCE, Tenth Edition, offers a practical, student-friendly introduction to personal financial management. Using a structured, step-by-step approach, this market-leading text helps students learn how to save and invest, manage student loans, file taxes, decrease credit card debt, and plan for the future. Throughout the text, real-life scenarios covering a wide range of financial challenges enable students to appreciate the relevance of key concepts, while useful advice from personal finance experts helps them apply those concepts in their own lives. Many math-based examples also clearly illustrate the critical importance of achieving long-term financial goals through investing. Building on the success of previous editions, the new Tenth Edition continues to engage students' interest and focus their attention on the critical concepts they need to succeed in class--and to manage their finances wisely for a lifetime.
Maximum Willpower: How to Master the New Science of Self-Control
Service sell money orders. Certified Checks A certified check is a personal check drawn on your account on which your financial institution imprints the word certified, signifying that the account has sufficient funds to cover its payment. The financial institution simultaneously places a hold on that amount in the account until the check clears. The fee for a certified check is $5 to $15. Cashier’s Checks Some payees insist on receiving payment in the form of a cashier’s check drawn on the account of
University David Bible, Louisiana State University–Shreveport George Biggs, Southern Nazarene University Robert Blatchford, Tulsa Junior College Susan Blizzard, San Antonio College Karin B. Bonding, University of Virginia Dean Brassington, Financial Educator Services Anne Bunton, Cottey College Paul L. Camp, Galecki Financial Management Chris Canellos, Stanford University Andrew Cao, American University Diana D. Carroll, Carson–Newman College Gerri Chaplin, Joliet Junior College Steve Christian,
current economic conditions. Can you successfully manage your personal finances in such an era 2. Use marginal and opportunity costs and time of economic turbulence? Yes. And it will be challenging. Three-time value of money calculations when making New York Times Pulitzer Prize winner Thomas Friedman observes that, financial decisions. “We need to save more, invest more, consume less, and throw out most 3. Harness the power of compounding by saving a of our credit cards to bail ourselves out of
willing to change career goals and plans Target preferred employers Take advantage of networking Align yourself with tomorrow’s employment trends Consider costs, benefits, and lifestyle trade-offs Identify your values Review your abilities, experiences, and education Clarify your interests Create your career goal and plan 35 CHAPTER 2 I Career Planning Career planning doesn’t stop when you take your first career job. Rather, career planning is a continuous process that lasts throughout your
spending, plans for risk management, and plans for capital accumulation. 2 Use balance sheets and cash-flow statements to measure your financial health and progress. Financial statements are compilations of personal financial data designed to furnish information on money matters. The balance sheet provides information on what you own, what you owe, and what the net result would be if you paid off all your debts. The cash-flow statement lists income and expenditures over a specific period of
