Personal Finance | Eighth Edition | By Pearson (Paperback)  | Released: 30-Jul-19

Personal finance: turning money into wealth empowers students to successfully make and carry out a plan for their financial future. By introducing the 10 fundamental principles of personal finance in a way that leaves a lasting impression, this text offers students lifelong tools that will help them effectively cope with an ever-changing financial environment. The 8th edition reflects recent changes in the world of personal finance, including new tax laws, the economic downturn, weakness in the lab or markets, the explosion of student loans, and the rise of credit card debt. features: New - Money & love box in almost everyChapter examines people?s attitudes about money and love, and offers personal finance advice aimed at helping students to build better, stronger, and lasting relationships. Updated - The ?behavior insights - principle 9: mind games, your financial personality, and your money? boxes featured at the end of eachChapter, highlight how behavioural biases can sabotage financial well-being, and also demonstrate how an understanding of these biases can be used to avoid destructive financial behavior -- like excessive credit card use and student loan debt. Authors encourage students to make better financial decisions for their future. Updated - emphasis on the use of the Internet and the importance of apps for smartphones, like mvelopes, quapital, Mint.Com and level money apps, are introduced and highlighted when discussing budgeting and saving for student goals and record keeping. Updated - chapters 11 and 12 cover the changes in basic investments and asset allocation decisions. A discussion on how the Dow Jones industrial average has more than tripled since March 2009, is also highlighted. table of Contents: Part I: financial planning 1. The financial planning process 2. Measuring your financial health and making a plan 3. Understanding and appreciating the time value of money 4. Tax planning and strategies Part II: mana