"If you don't know where you are going, you will wind up somewhere else."
Yogi Berra
Personal & Family Finance Workbook gives the reader the valuable lessons and tools to navigate a principled life that is full of integrity and responsibility – ultimately leading to financial independence.
Many students find the topics covered in a Personal and Family Finance course to be the most relevant they encounter during college. Personal & Family Finance Workbook helps readers understand the usefulness of sound financial planning, with an emphasis on the mathematical concepts encountered in planning one's financial future.
Personal & Family Finance Workbook by Robert O. Weagley and Starla Green Ivey:
- Simplifies and enhances the process of learning the many different topics and formulas necessary to "orchestrate" one’s financial future.
- Integrates examples and problems to help readers apply concepts to today’s financial marketplace.
- Includes problems, along with detailed instructions, for using popular financial calculators such as Hewlett Packard 10BII+ and Texas Instruments BA II+.
Preface
Introduction
Section One-Time Value of Money
Assignment 1.1 Mathematics of Banking
Assignment 1.2 Time Value of Money Problems
Section Two-Personal Financial Statements
Assignment 2.1 Net Worth Statement
Assignment 2.2 Annual Income and Expense Statement
Assignment 2.3 Budgeting and Recording Monthly Expenses
Assignment 2.4 Financial Ratios
Section Three-Cash Management
Assignment 3.1 Savings Account Mathematics
Section Four- Credit and Loans
Assignment 4.1 Credit Calculations
Section Five-Taxes
Assignment 5.1 Federal Income Tax Calculations
Section Six-Risk Management and Insurance
Assignment 6.1 Life Insurance
Assignment 6.2 The Appendectomy
Assignment 6.3 Annual Out-of-Pocket Health Expenses
Assignment 6.4 Property and Auto Insurance
Section Seven- Housing
Assignment 7.1 Home Mortgage Loan Calculations
Assignment 7.2 Home Affordability
Section Eight-Investing
Assignment 8.1 Investing in Stocks
Assignment 8.2 Investing in Bonds
Assignment 8.3 Investing in Mutual Funds
Section Nine-Retirement Planning
Section Ten-Estate Planning