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Personal Finance: Turning Money into Wealth, Fifth Edition empowers the student, through the presentation of the ten fundamental principles of personal finance, to successfully make and carry out a plan for their financial future. Throughout the rest of their lives, students will have the ability to drawn upon the ten principles of personal finance to help them effectively deal with an ever-changing financial environment.
Streamlined, graphic rich cont... MORE in the fifth edition better reflects the students’ learning styles and changes in the financial environment. In this edition, the book now focuses on the “need to know” foundations of personal finance with a greater emphasis placed on providing more graphics in the form of flow charts, pie charts, and bar graphs.
The Ten Principles of Finance now mirrors the text and the part openers discuss how specific principles relate to the chapters in that part.
New Appendix: Your Financial Plan guides the student through a series of exercises, which utilize the worksheets (available in the workbook and online), and will generate a very basic financial plan to help explore where they are today and where they can anticipate being in the future.
The Personal Finance Workbook contains a section on how to use a financial calculator as well as tear-out worksheets which provide a step-by-step analysis to be used with homework assignments or to guide students through actual decisions. Every worksheet is also available electronically on the book website.
Easy-to-follow advice-the proactive checklists, which appear throughout the text, serve as a useful learning tool for students. These boxes identify areas of concern and questions to be asked when buying a car, getting insurance, investing in mutual funds, and performing other personal finance tasks