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. On the other hand, if students make bad decisions, life may not turn out so well. Personal Finance was written with one purpose: To provide the information students need to make informed decisions that can literally change their life. The 13th provides the information needed to take advantage of opportunities and to help manage their personal finances.This new edition of Personal Finance is packed with updated information and examples to help students plan for the future and achieve financial security. For example, we have revised important topics like taxes, college loans, health care, and investments to provide the most current information available. Other important topics including credit, housing, legal protection, retirement planning, and estate planning have also been revised in this edition.
Table of ContentsSection 1: Planning Your Personal FinancesCh. 1 Personal Finance Basics and the Time Value of MoneyCh. 1 Appendix: The Time Value of MoneyCh. 2 Financial Aspects of Career PlanningCh. 2 Appendix: Resumes, Cover Letters, and InterviewsCh. 3 Money Management Strategy: Financial Statements and BudgetingCh. 4 Planning Your Tax StrategySection 2: Managing Your Personal FinancesCh. 5 Financial Services: Savings Plans and Payment AccountsCh. 6 Introduction to Consumer CreditCh. 7 Choosing a Source of Credit: The Costs of Credit AlternativesSection 3: Making Your Purchasing DecisionsCh. 8 Consumer Purchasing Strategies and Legal ProtectionCh. 9 The Housing Decision: Factors and FinancesSection 4: Insuring Your ResourcesCh. 10 Property and Motor Vehicle InsuranceCh. 11 Health, Disability, and Long-Term Care InsuranceCh. 12 Life InsuranceSection 5: Investing Your Financial ResourcesCh. 13 Investing FundamentalsCh. 14 Investing in StocksCh. 15 Investing in BondsCh. 16 Investing in Mutual FundsCh. 17 Investing in Real Estate and Other Investment AlternativesSection 6: Controlling Your Financial FutureCh. 18 Starting Early: Retirement PlanningCh. 19 Estate Planning
Dr. Jack Kapoor is a Professor of Business and Economics in the Business and Services Division. Dr. Kapoor has taught Business and Economics at College of DuPage since 1969. He received his B.A. and M.S. from San Francisco State College and his Ed.D. from Northern Illinois University. Professor Kapoor was recently awarded the Business and Services Division's Outstanding Professor Award for 1999-2000. Dr. Kapoor is known internationally as a co-author of several textbooks including Business: A Practical Approach (Rand McNally), Business (Houghton Mifflin), and Focus on Personal Finance (Richard D. Irwin/McGraw-Hill).
Les Dlabay teaches in the Department of Economics and Business at Lake Forest College, Lake Forest, Illinois. Over the past 25 years, he has taught more than 30 different courses in high school, community college, university, adult education, and teacher preparation programs. Dr. Dlabay has developed a wide variety of textbook materials, student activity guides, instructor manuals, testing programs, audio-visual materials, and software packages in the areas of Personal Finance, Consumer Economics, and International Business. Dr. Dlabay has served as a consultant to corporations, educational institutions, and government agencies. He has presented more than 140 workshops and seminars in over 20 states to encourage teachers to actively involve students in the learning process with video presentations, newsletters, interviews, and Internet research activities.
Professor of business at Dallas County Community Colleges, believes that these two words can literally change people's lives. Whether you want to be rich or just manage the money you have, the ability to analyze financial decisions and gather financial information are skills that can always be improved. In addition to writing several textbooks, Dr. Hughes has taught personal finance, introduction to business, business math, small business management, small business finance, and accounting since 1972. He also served as a content consultant for two popular national television series, It's Strictly Business and Dollars & Sense: Personal Finance for the 21st Century, and is the lead author for a business math project utilizing computer-assisted instruction funded by the ALEKS Corporation. He received his BBA from Southern Nazarene University and his MBA and EdD from the University of North Texas. His hobbies include writing, investing, collecting French antiques, art, and travel.