Personal Finance

Personal Finance, 3rd Edition offers essential skills and knowledge that will set students on the road to lifelong financial wellness. Byfocusing on real-world decision making, Bajtelsmit Personal Finance engages a diverse student population by helping them make personal connections that can immediately impact their current financial situations. Using a conversational writing style, relatable examples, and up-to-date coverage on important topics – such as student debt, housing, fintech and AI – students gain the knowledge they need to avoid early financial mistakes. By the end of the course, students have identified their goals and developed the problem-solving skills they need to build on as they progress to the next stages of life.

1 The Financial Planning Process 2 Financial Planning Tools: Personal Financial Statements and the Time Value of Money 3 Budgeting and Cash Management 4 Tax Planning 5 Managing Credit: Credit Cards and Consumer Loans 6 Making Automobile and Housing Decisions 7 Insuring Cars and Homes 8 Life Insurance and Long-Term Care Planning 9 Employee Benefits: Health, Disability, and Retirement Plans 10 Saving for Distant Goals: Retirement and Education Funding 11 The Fundamentals of Investing 12 Investing in Stocks and Bonds 13 Investing in Mutual Funds and Real Estate 14 Estate Planning