{"product_id":"wiley-pathways-personal-finance-isbn-9780470111239","title":"Wiley Pathways Personal Finance","description":"\u003ci\u003ePersonal Finance,\u003c\/i\u003e the latest text in the business series in the \u003ci\u003eWiley Pathways\u003c\/i\u003e 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. \u003cp\u003e\u003cb\u003ePart I: The Personal Financial Planning Process 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1. Personal Financial Planning in Action 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 2\u003c\/p\u003e \u003cp\u003e1.1 The Personal Financial Planning Process 2\u003c\/p\u003e \u003cp\u003e1.2 Factors That Influence Personal Financial Planning 6\u003c\/p\u003e \u003cp\u003e1.3 Elements of a Comprehensive Financial Plan 12\u003c\/p\u003e \u003cp\u003e1.4 Making Effective Decisions 13\u003c\/p\u003e \u003cp\u003eSummary 17\u003c\/p\u003e \u003cp\u003eKey Terms 17\u003c\/p\u003e \u003cp\u003eSummary Questions 18\u003c\/p\u003e \u003cp\u003eApplying This Chapter 19\u003c\/p\u003e \u003cp\u003eYou Try It 21\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2. Money Management Strategies and Skills 22\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 23\u003c\/p\u003e \u003cp\u003e2.1 Collecting and Organizing Your Financial Information 23\u003c\/p\u003e \u003cp\u003e2.2 Using Personal Financial Statements 25\u003c\/p\u003e \u003cp\u003e2.3 Using Financial Ratios 33\u003c\/p\u003e \u003cp\u003eSummary 36\u003c\/p\u003e \u003cp\u003eKey Terms 37\u003c\/p\u003e \u003cp\u003eSummary Questions 38\u003c\/p\u003e \u003cp\u003eApplying This Chapter 39\u003c\/p\u003e \u003cp\u003eYou Try It 41\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3. Managing Your Taxes 42\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 43\u003c\/p\u003e \u003cp\u003e3.1 The Basics of Federal Income Tax 43\u003c\/p\u003e \u003cp\u003e3.2 Calculating Taxable Income and Taxes Owed 48\u003c\/p\u003e \u003cp\u003e3.3 Filing Your Federal Tax Return 58\u003c\/p\u003e \u003cp\u003e3.4 Tax Planning Strategies 62\u003c\/p\u003e \u003cp\u003eSummary 68\u003c\/p\u003e \u003cp\u003eKey Terms 68\u003c\/p\u003e \u003cp\u003eSummary Questions 71\u003c\/p\u003e \u003cp\u003eApplying This Chapter 72\u003c\/p\u003e \u003cp\u003eYou Try It 74\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II: Managing Your Personal Finances 75\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4. Managing Your Cash and Savings 75\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 76\u003c\/p\u003e \u003cp\u003e4.1 Objectives of Cash Management 76\u003c\/p\u003e \u003cp\u003e4.2 Rules of Effective Cash Management 79\u003c\/p\u003e \u003cp\u003e4.3 Selecting a Financial Institution 81\u003c\/p\u003e \u003cp\u003e4.4 Cash Management Products and Services 86\u003c\/p\u003e \u003cp\u003e4.5 Resolving Cash Management Problems 96\u003c\/p\u003e \u003cp\u003eSummary 99\u003c\/p\u003e \u003cp\u003eKey Terms 99\u003c\/p\u003e \u003cp\u003eSummary Questions 102\u003c\/p\u003e \u003cp\u003eApplying This Chapter 103\u003c\/p\u003e \u003cp\u003eYou Try It 105\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5. Consumer Credit 106\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 107\u003c\/p\u003e \u003cp\u003e5.1 What is Consumer Credit? 107\u003c\/p\u003e \u003cp\u003e5.2 Types of Consumer Credit 111\u003c\/p\u003e \u003cp\u003e5.3 Applying for Credit 113\u003c\/p\u003e \u003cp\u003e5.4 Protecting Your Credit and Correcting Credit Mistakes 115\u003c\/p\u003e \u003cp\u003e5.5 Credit Cards 119\u003c\/p\u003e \u003cp\u003e5.6 Advantages and Disadvantages of Credit Card Use 124\u003c\/p\u003e \u003cp\u003eSummary 128\u003c\/p\u003e \u003cp\u003eKey Terms 128\u003c\/p\u003e \u003cp\u003eSummary Questions 131\u003c\/p\u003e \u003cp\u003eApplying This Chapter 132\u003c\/p\u003e \u003cp\u003eYou Try It 133\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6. Using Consumer Loans 134\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 135\u003c\/p\u003e \u003cp\u003e6.1 Characteristics of Consumer Loans 135\u003c\/p\u003e \u003cp\u003e6.2 Types of Consumer Loans 137\u003c\/p\u003e \u003cp\u003e6.3 Sources of Consumer Loans 142\u003c\/p\u003e \u003cp\u003e6.4 Managing Your Debts 144\u003c\/p\u003e \u003cp\u003e6.5 Declaring Personal Bankruptcy 149\u003c\/p\u003e \u003cp\u003eSummary 152\u003c\/p\u003e \u003cp\u003eKey Terms 152\u003c\/p\u003e \u003cp\u003eSummary Questions 154\u003c\/p\u003e \u003cp\u003eApplying This Chapter 155\u003c\/p\u003e \u003cp\u003eYou Try It 157\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7. Making Automobile and Housing Decisions 158\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 159\u003c\/p\u003e \u003cp\u003e7.1 Buying a Motor Vehicle 159\u003c\/p\u003e \u003cp\u003e7.2 Automobile Financing Alternatives 167\u003c\/p\u003e \u003cp\u003e7.3 The Housing Decision 170\u003c\/p\u003e \u003cp\u003e7.4 Buying a Home 174\u003c\/p\u003e \u003cp\u003e7.5 Mortgage Financing 176\u003c\/p\u003e \u003cp\u003e7.6 Completing a Real Estate Transaction 183\u003c\/p\u003e \u003cp\u003eSummary 185\u003c\/p\u003e \u003cp\u003eKey Terms 185\u003c\/p\u003e \u003cp\u003eSummary Questions 187\u003c\/p\u003e \u003cp\u003eApplying This Chapter 188\u003c\/p\u003e \u003cp\u003eYou Try It 189\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III: Protecting Yourself with Insurance 190\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8. Insuring Your Home and Automobile 190\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 191\u003c\/p\u003e \u003cp\u003e8.1 How Insurance Works 191\u003c\/p\u003e \u003cp\u003e8.2 Managing Homeowners’ and Renters’ Risk 194\u003c\/p\u003e \u003cp\u003e8.3 Homeowner’s Insurance Policies 197\u003c\/p\u003e \u003cp\u003e8.4 Automobile Insurance 202\u003c\/p\u003e \u003cp\u003e8.5 Buying Insurance and Filing Claims 209\u003c\/p\u003e \u003cp\u003eSummary 211\u003c\/p\u003e \u003cp\u003eKey Terms 211\u003c\/p\u003e \u003cp\u003eSummary Questions 214\u003c\/p\u003e \u003cp\u003eApplying This Chapter 215\u003c\/p\u003e \u003cp\u003eYou Try It 217\u003c\/p\u003e \u003cp\u003e\u003cb\u003e9. Health and Disability Insurance 218\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 219\u003c\/p\u003e \u003cp\u003e9.1 Employee Compensation and Health Insurance 219\u003c\/p\u003e \u003cp\u003e9.2 Types of Health Insurance 225\u003c\/p\u003e \u003cp\u003e9.3 Planning for Disability Income Needs 236\u003c\/p\u003e \u003cp\u003eSummary 240\u003c\/p\u003e \u003cp\u003eKey Terms 240\u003c\/p\u003e \u003cp\u003eSummary Questions 243\u003c\/p\u003e \u003cp\u003eApplying This Chapter 244\u003c\/p\u003e \u003cp\u003eYou Try It 246\u003c\/p\u003e \u003cp\u003e\u003cb\u003e10. Financial Planning with Life Insurance 247\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 248\u003c\/p\u003e \u003cp\u003e10.1 What is Life Insurance? 248\u003c\/p\u003e \u003cp\u003e10.2 Determining Your Life Insurance Needs 251\u003c\/p\u003e \u003cp\u003e10.3 Choosing Life Insurance Companies and Policies 258\u003c\/p\u003e \u003cp\u003e10.4 Buying Life Insurance 264\u003c\/p\u003e \u003cp\u003e10.5 Important Provisions in a Life Insurance Contract 267\u003c\/p\u003e \u003cp\u003eSummary 271\u003c\/p\u003e \u003cp\u003eKey Terms 271\u003c\/p\u003e \u003cp\u003eSummary Questions 274\u003c\/p\u003e \u003cp\u003eApplying This Chapter 275\u003c\/p\u003e \u003cp\u003eYou Try It 277\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart IV: Managing Your Investments and Your Future 278\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e11. Investment Basics 278\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 279\u003c\/p\u003e \u003cp\u003e11.1 Developing Realistic Investment Goals 279\u003c\/p\u003e \u003cp\u003e11.2 Understanding Your Investment Alternatives 284\u003c\/p\u003e \u003cp\u003e11.3 Factors That Reduce Investment Risk 289\u003c\/p\u003e \u003cp\u003e11.4 Establishing Your Investment Strategy 297\u003c\/p\u003e \u003cp\u003eSummary 301\u003c\/p\u003e \u003cp\u003eKey Terms 301\u003c\/p\u003e \u003cp\u003eSummary Questions 304\u003c\/p\u003e \u003cp\u003eApplying This Chapter 305\u003c\/p\u003e \u003cp\u003eYou Try It 306\u003c\/p\u003e \u003cp\u003e\u003cb\u003e12. Investing in Stocks and Bonds 307\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 308\u003c\/p\u003e \u003cp\u003e12.1 Common Stock 308\u003c\/p\u003e \u003cp\u003e12.2 Classification of Common Stock 314\u003c\/p\u003e \u003cp\u003e12.3 Buying and Selling Stocks 317\u003c\/p\u003e \u003cp\u003e12.4 Stock Selection and Performance Evaluation 323\u003c\/p\u003e \u003cp\u003e12.5 Investing in Bonds 328\u003c\/p\u003e \u003cp\u003e12.6 Buying and Selling Bonds 337\u003c\/p\u003e \u003cp\u003e12.7 Preferred Stock 341\u003c\/p\u003e \u003cp\u003eSummary 343\u003c\/p\u003e \u003cp\u003eKey Terms 344\u003c\/p\u003e \u003cp\u003eSummary Questions 347\u003c\/p\u003e \u003cp\u003eApplying This Chapter 348\u003c\/p\u003e \u003cp\u003eYou Try It 350\u003c\/p\u003e \u003cp\u003e\u003cb\u003e13. Investing in Mutual Funds 351\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 352\u003c\/p\u003e \u003cp\u003e13.1 What is a Mutual Fund? 352\u003c\/p\u003e \u003cp\u003e13.2 Mutual Fund Investment Classifications 363\u003c\/p\u003e \u003cp\u003e13.3 Selecting and Evaluating Mutual Funds 367\u003c\/p\u003e \u003cp\u003eSummary 373\u003c\/p\u003e \u003cp\u003eKey Terms 374\u003c\/p\u003e \u003cp\u003eSummary Questions 376\u003c\/p\u003e \u003cp\u003eApplying This Chapter 377\u003c\/p\u003e \u003cp\u003eYou Try It 378\u003c\/p\u003e \u003cp\u003e\u003cb\u003e14. Planning for Retirement 380\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 381\u003c\/p\u003e \u003cp\u003e14.1 Estimating Retirement Income Needs 381\u003c\/p\u003e \u003cp\u003e14.2 Sources of Retirement Income 386\u003c\/p\u003e \u003cp\u003e14.3 Personal Retirement Savings Options 394\u003c\/p\u003e \u003cp\u003e14.4 Preparing for Retirement Payouts 397\u003c\/p\u003e \u003cp\u003eSummary 400\u003c\/p\u003e \u003cp\u003eKey Terms 400\u003c\/p\u003e \u003cp\u003eSummary Questions 401\u003c\/p\u003e \u003cp\u003eApplying This Chapter 402\u003c\/p\u003e \u003cp\u003eYou Try It 403\u003c\/p\u003e \u003cp\u003e\u003cb\u003e15. Preserving Your Estate 404\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 405\u003c\/p\u003e \u003cp\u003e15.1 What is Estate Planning? 405\u003c\/p\u003e \u003cp\u003e15.2 Key Components of an Estate Plan 408\u003c\/p\u003e \u003cp\u003e15.3 Types and Formats of Wills 411\u003c\/p\u003e \u003cp\u003e15.4 Estate and Gift Taxes 417\u003c\/p\u003e \u003cp\u003e15.5 Reducing Taxes Through Trusts and Gifts 421\u003c\/p\u003e \u003cp\u003eSummary 426\u003c\/p\u003e \u003cp\u003eKey Terms 426\u003c\/p\u003e \u003cp\u003eSummary Questions 428\u003c\/p\u003e \u003cp\u003eApplying This Chapter 429\u003c\/p\u003e \u003cp\u003eYou Try It 431\u003c\/p\u003e \u003cp\u003eEndnotes 432\u003c\/p\u003e \u003cp\u003eAppendix 433\u003c\/p\u003e \u003cp\u003eGlossary 455\u003c\/p\u003e \u003cp\u003eIndex 478\u003c\/p\u003e  \u003cp\u003e\u003cstrong\u003eVickie Bajtelsmit\u003c\/strong\u003e, is a professor in the College of Business at Colorado State University. She is the author of \u003cem\u003ePersonal Finance: Skills for Life\u003c\/em\u003e 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.   \u003cb\u003eYou \u003ci\u003ecan\u003c\/i\u003e get there\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003eWhere do you want to go? You might already be working in business and may be looking to expand your skills. You might be setting out on a new career path. Or, you might simply want to know how to wisely manage your money, make intelligent investment decisions, and maintain healthy finances.\u003c\/p\u003e \u003cp\u003eWherever you want to go, \u003ci\u003eWiley Pathways Personal Finance\u003c\/i\u003ewill help you get there. Easy-to-read, practical, and up-to-date, this text not only helps you master the core business competencies and skills that you need to succeed in the classroom; it also provides you with practical, real-world advice to help you make smart financial decisions at every stage of your life. The book’s brief, modular format and a variety of built-in learning resources enable you to learn at your own pace and focus your studies.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eWith this book, you will be able to:\u003c\/b\u003e\u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cdiv\u003eEvaluate your financial health and create a budget.\u003c\/div\u003e \u003c\/li\u003e \u003cli\u003e \u003cdiv\u003eUnderstand the U.S. tax system and your tax return, and use effective tax planning strategies to manage your taxes.\u003c\/div\u003e \u003c\/li\u003e \u003cli\u003e \u003cdiv\u003eChoose the right bank or financial institution and manage your cash and savings.\u003c\/div\u003e \u003c\/li\u003e \u003cli\u003e \u003cdiv\u003eMake wise credit card and consumer loan decisions.\u003c\/div\u003e \u003c\/li\u003e \u003cli\u003e \u003cdiv\u003eLearn how to purchase and finance an automobile or a home.\u003c\/div\u003e \u003c\/li\u003e \u003cli\u003e \u003cdiv\u003eProtect yourself, your family, and your property with the right insurance.\u003c\/div\u003e \u003c\/li\u003e \u003cli\u003e \u003cdiv\u003eGrow your money by investing in stocks, bonds, and mutual funds.\u003c\/div\u003e \u003c\/li\u003e \u003cli\u003e \u003cdiv\u003ePlan for retirement and preserve your estate.\u003c\/div\u003e \u003c\/li\u003e \u003cli\u003e \u003cdiv\u003eMake smart financial decisions throughout your life.\u003c\/div\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003cb\u003e\u003ci\u003eWiley Pathways\u003c\/i\u003e\u003c\/b\u003e\u003cb\u003ehelps you achieve your goals\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhen it comes to learning about business, not every student is on the same path, but every student wants to succeed. The business series in the new \u003ci\u003eWiley Pathways\u003c\/i\u003e imprint helps you achieve your goals. The books in this series––\u003ci\u003eMarketing, Business Communication, Finance, Business Math, Real Estate, Small Business Management, Supervision, Project Management, Selling,\u003c\/i\u003e and \u003ci\u003ePersonal Finance\u003c\/i\u003e—offer a coordinated curriculum for learning business. Learn more at www.wiley.com\/go\/pathways.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990492496101,"sku":"NP9780470111239","price":79.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470111239.jpg?v=1761788044","url":"https:\/\/k12savings.com\/products\/wiley-pathways-personal-finance-isbn-9780470111239","provider":"K12savings","version":"1.0","type":"link"}