Personal Finance

Kapoor/Dlabay/Hughes' Personal Finance is the #1 market-leading Personal Finance text. It provides comprehensive coverage of personal financial planning in the areas of money management, career planning, taxes, consumer credit, housing and other consumer decisions, legal protection, insurance, investments, retirement planning, and estate planning. The goal of this text is to teach students the fundamentals of financial planning so they can make informed choices related to spending, saving, borrowing, and investing that lead to long-term financial security. Personal Finance, 8/e provides many financial planning tools using a step-by-step approach to help students identify and evaluate choices as well as understand the consequences of decisions in terms of opportunity costs.Feature : New to this edition, the Personal Financial Planner (PFP) sheets which correlate with the sections of the text are now conveniently located at the end of the text! The PFP sheets are written by the authors to help students create and implement a personal financial plan. These perforated sheets ask students to work through the application and record their own personal financial plan answers; thus, applying answers to their own personal situations and providing a roadmap to their personal financial future. Feature : The Chapter Opening Cases have been revised and expanded to two pages containing many new features that serve as the chapter roadmap at a glance. These compelling and realistic cases help show the relevance of the chapterĹźs material and involve students in the content.Feature : Chapter opening cases now have a set of questions entitled, ĹźWhat Actions Should Be Taken?Ĺź and ĹźWhat About Your Situation?Ĺź Probing students to think about the next step the characters in the case should take to solve their dilemma, while applying the case situation to their own life.Feature : Continuing Case, now at the end of each chapter, allows students to apply course concepts in a life situation. This feature encourages students to evaluate the changes that affect a family and then respond to the resulting shift in needs, resources, and priorities through end of case questions.Feature : Additional Financial Planning Problems in the end of chapter materials. These problems allow students to apply their quantitative analysis of personal financial decisions. Feature : The investment unit, Chapters 13-17, contains new content coverage such as the risk-return tradeoff; evaluating and investorĹźs tolerance to risk; coverage of the new calculations, price/earnings to growth ratio and dividend payout ratio; bond laddering; mutual fund scandals and the types of mutual funds. All chapters have been reviewed and updated to provide the most up-to-date material available.Feature : A Student CD ROM, free with each new text, includes Personal Financial Planning software that corresponds to the printed Planner; Microsoft Word files of the actual Planner; self-study software for exam prep; and key web links. Feature : The authors present personal financial planning for a variety of life situations so that the text is a practical resource throughout oneĹźs lifespan. It addresses the financial needs of a single parent, two-income, mixed-generation, and other types of households throughout the text. The different financial pressures and considerations that come into play in these situations are illustrated in text examples, the Financial Planning for Life's Situations boxes, and in the end-of-chapter Financial Planning Cases and in the new Continuing Cases.Feature : End of chapter material includes a Summary of Objectives, Key Terms with page references, Financial Planning Problems, Financial Planning Activities, Financial Planning Case, Video Case, Internet Connection, Creating a Financial Plan, and the new Continuing Case. Key formulas are provided in appropriate chapters. These provide students with ample opportunity to apply and practice the content learned in each chapter. Feature : Every chapter includes a Video Case. The instructor can show the video segment in class (each segment is about 5-10 minutes long Ĺź perfect for discussion launchers!) and then use the Video Case questions at the end of the chapters for class discussion. These cases are another way to help students analyze financial situations.