Personal Finance - Vickie L. Bajtelsmit

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Résumé :
Personal Finance, the latest text in the business series in the Wiley Pathways imprint, helps students learn to budget, manage taxes, consumer credit, and loans while also providing the knowledge and skills needed to make good financial decisions including, automobiles or housing purchases and leases, investing in stocks and bonds, and planning for retirement....

Biographie:

Vickie Bajtelsmit, is a professor in the College of Business at Colorado State University. She is the author of Personal Finance: Skills for Life as well as a member of several professional societies, including: the American Risk and Insurance Association, the Academy of Financial Services, the Financial Management Association, and the Risk Theory Society....

Sommaire:

Part I: The Personal Financial Planning Process 1

1. Personal Financial Planning in Action 1

Introduction 2

1.1 The Personal Financial Planning Process 2

1.2 Factors That Influence Personal Financial Planning 6

1.3 Elements of a Comprehensive Financial Plan 12

1.4 Making Effective Decisions 13

Summary 17

Key Terms 17

Summary Questions 18

Applying This Chapter 19

You Try It 21

2. Money Management Strategies and Skills 22

Introduction 23

2.1 Collecting and Organizing Your Financial Information 23

2.2 Using Personal Financial Statements 25

2.3 Using Financial Ratios 33

Summary 36

Key Terms 37

Summary Questions 38

Applying This Chapter 39

You Try It 41

3. Managing Your Taxes 42

Introduction 43

3.1 The Basics of Federal Income Tax 43

3.2 Calculating Taxable Income and Taxes Owed 48

3.3 Filing Your Federal Tax Return 58

3.4 Tax Planning Strategies 62

Summary 68

Key Terms 68

Summary Questions 71

Applying This Chapter 72

You Try It 74

Part II: Managing Your Personal Finances 75

4. Managing Your Cash and Savings 75

Introduction 76

4.1 Objectives of Cash Management 76

4.2 Rules of Effective Cash Management 79

4.3 Selecting a Financial Institution 81

4.4 Cash Management Products and Services 86

4.5 Resolving Cash Management Problems 96

Summary 99

Key Terms 99

Summary Questions 102

Applying This Chapter 103

You Try It 105

5. Consumer Credit 106

Introduction 107

5.1 What is Consumer Credit? 107

5.2 Types of Consumer Credit 111

5.3 Applying for Credit 113

5.4 Protecting Your Credit and Correcting Credit Mistakes 115

5.5 Credit Cards 119

5.6 Advantages and Disadvantages of Credit Card Use 124

Summary 128

Key Terms 128

Summary Questions 131

Applying This Chapter 132

You Try It 133

6. Using Consumer Loans 134

Introduction 135

6.1 Characteristics of Consumer Loans 135

6.2 Types of Consumer Loans 137

6.3 Sources of Consumer Loans 142

6.4 Managing Your Debts 144

6.5 Declaring Personal Bankruptcy 149

Summary 152

Key Terms 152

Summary Questions 154

Applying This Chapter 155

You Try It 157

7. Making Automobile and Housing Decisions 158

Introduction 159

7.1 Buying a Motor Vehicle 159

7.2 Automobile Financing Alternatives 167

7.3 The Housing Decision 170

7.4 Buying a Home 174

7.5 Mortgage Financing 176

7.6 Completing a Real Estate Transaction 183

Summary 185

Key Terms 185

Summary Questions 187

Applying This Chapter 188

You Try It 189

Part III: Protecting Yourself with Insurance 190

8. Insuring Your Home and Automobile 190

Introduction 191

8.1 How Insurance Works 191

8.2 Managing Homeowners' and Renters' Risk 194

8.3 Homeowner's Insurance Policies 197

8.4 Automobile Insurance 202

8.5 Buying Insurance and Filing Claims 209

Summary 211

Key Terms 211

Summary Questions 214

Applying This Chapter 215

You Try It 217

9. Health and Disability Insurance 218

Introduction 219

9.1 Employee Compensation and Health Insurance 219

9.2 Types of Health Insurance 225

9.3 Planning for Disability Income Needs 236

Summary 240

Key Terms 240

Summary Questions 243

Applying Th...