Personal Finance An Integrated Planning Approach

by Frasca, Ralph R

• ISBN13: 9780136063032
• ISBN10: 0136063039
• Edition: 8th
• Format: Paperback
• Copyright: 2019-08-14
• Publisher: Pearson

Summary

The goal of this book is two-fold. The first is to have readers appreciate the importance of planning and have a basic understanding of planning techniques. The second is to develop readers'abilities to think critically and to make effective decisions.This book covers financial planning including the time value of money, cash management, buying now and paying later, investment basics, stock and bonds, mutual funds, and protecting your income and wealth.For financial advisors/planners and any individual seeking a sound financial plan.

Table of Contents

The Basic Framework: Organizing and Managing Your Financial Resources

Financial Planning: Why Itrsquo;s Important to You

The Time Value of Money: All Dollars Are Not Created Equal

Financial Statements and Budgets: Where Are You Now and Where Are You Going?

Taxes: The Governmentrsquo;s Share of Your Rewards

Liquidity Management: Managing Current Assets and Current Liabilities

Cash Management: Funds for Immediate Needs

Short-Term Credit Management: Consumer Credit

Buying Now and Paying Later: Managing Your Long-Term Liabilities

Consumer Durables: The Personal Auto 8

Investing for the Future: Growing Your Financial Resources

Financial Markets and Institutions: Learning the Investment Environment

Investment Basics: Understanding Risk and Return

Stocks and Bonds: Your Most Common Investments

Mutual Funds and Other Pooling Arrangements: Simplifying and (Maybe) Improving Your Investment Performance

Protecting your Wealth: Insurance and Retirement Planning

Property and Liability Insurance: Protecting Your Lifestyle Assets

Health Care and Disability Insurance: Protecting Your Earning Capacity

Life Insurance and Estate Planning: Protecting Your Dependents

Retirement Planning: Planning for Your Long-Term Needs

Appendix

Time-Value-of-Money Concepts

Table of Contents provided by Publisher. All Rights Reserved.