Description
"Economic Confidence Rebounds"
"Crisis on Wall Street as Lehman Totters, Merrill Is Sold, AIG Seeks to Raise Cash"
"Rally Spurs Stocks to '09 Highs" "US Agrees to Rescue Struggling Citigroup"
"Bonds Are Looking Better"
"Manufacturing Tumbles Globally"
"Rethinking Stocks' Starring Role"
"There's No Such Thing as a "Safe' Investment"
"Small Stocks Hit 11-Month High"
"Household Wealth Advances by 3.9%"
We've all seen these kinds of headlines. They highlight the ever-changing nature of the financial environment in which we live. And could there be a more dramatic example of this dynamic environment than the recent global financial crisis? The crisis offers a potent reminder that personal financial planning is as necessary as it is challenging. Careful planning allows us to adapt to and even thrive in response to changes in the financial environment and the associated changes in our own lives. This book, Planning Your Personal Finances, Twelfth Edition, provides the frame- work and tools for preparing personal financial plans that serve as road maps for goal achievement. Planning Your Personal Finances emphasizes the dynamics of the financial planning process by considering the impact of life changes-birth, marriage, divorce, job and career, and death.
Planning Your Personal Finances addresses all of the major financial planning issues and problems that individuals and families encounter. It is built around a model that links together all of the major elements of effective money management. All of the latest financial planning tools and techniques are discussed. This compre- hensive text is written in a personal style that uses state-of-the-art pedagogy to pres ent the key concepts and procedures used in sound personal financial planning and effective money management. The roles of various financial decisions in the overall personal financial planning process are clearly delineated.
The book serves individuals who are, or will be, actively developing their own personal financial plans. It meets the needs of instructors and students in a first course in personal financial planning (often called "personal finance") offered at colleges and universities, junior and community colleges, professional certification programs, and continuing education courses. The experiences of individuals and families are used to demonstrate successes and failures in various aspects of personal financial planning. A conversational style and liberal use of examples and worksheets guide students through the material and emphasize important points. The benefits of the book's readability accrue not only to students but also to their instructors.ISBN:9781439044483
