Personal Finance [Paperback]

Garman/Fox's PERSONAL FINANCE, 14th EDITION, introduces students to personal financial management with a practical, reader-friendly approach. Using a step-by-step presentation of actionable items, students dig deep into how to save and invest, manage risk, plan for taxes, decrease credit card debt and build a low-stress financial future. This edition has been revised with special attention to diversity and inclusion, with the intention of bringing the reader even closer to the challenges and opportunities presented throughout the financial life cycle. Also included is notes from our future selves , which are research-based actionable recommendations that show students how to protect their financial future, and be cautious of the present biases they bring into everyday financial decisions. Numerous math-based examples illustrate how to achieve long-term financial goals by calculating the financial equivalence between the present and the future. The online learning platform MindTap brings examples into practice with innovative exercises and applications for students to develop true understanding.Part I: FINANCIAL PLANNING. 1. Understanding Personal Finance. 2. Career Planning. 3. Financial Statements, Goals, and Budgets. Part II: MONEY MANAGEMENT. 4. Managing Income Taxes. 5. Managing Checking and Savings Accounts. 6. Building and Maintaining Good Credit. 7. Credit Cards and Consumer Loans. 8. Vehicles and Other Major Purchases. 9. Obtaining Affordable Housing. Part III: INCOME AND ASSET PROTECTION. 10. Managing Property and Liability Risk. 11. Planning for Health Care Expenses. 12. Life Insurance Planning. Part IV: INVESTMENTS. 13. Investment Fundamentals. 14. Investing in Stocks and Bonds. 15. Mutual and Exchange-Traded Funds. 16. Real Estate and High-Risk Investments. 17. Retirement and Estate Planning.