Focus on Personal Finance: An Active Approach to Help You Develop Successful Financial Skills / Edition 4|Paperback (2024)

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9780078034787

Focus on Personal Finance: An Active Approach to Help You Develop Successful Financial Skills / Edition 4 available inPaperback

Focus on Personal Finance: An Active Approach to Help You Develop Successful Financial Skills / Edition 4|Paperback (1)

by Jack Kapoor, Les Dlabay, Robert J. Hughes

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ISBN-10:
0078034787

ISBN-13:
9780078034787

Pub. Date:
09/21/2012

Publisher:
McGraw-Hill Professional Publishing
Focus on Personal Finance: An Active Approach to Help You Develop Successful Financial Skills / Edition 4|Paperback (2)

by Jack Kapoor, Les Dlabay, Robert J. Hughes

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Overview

Focus on Personal Finance is a brief, 14-chapter book, covering the critical topics in Personal Finance courses. This 4-color, paperback text is designed and written to appeal to a range of ages, life situations, and levels of financial literacy.

A unique aspect of this text is its active approach. This text will not only get your students thinking about their current situation and financial goals, but also encourage them to put these in writing to use as a guide and revise over the course of their lives. The more a student involves themselves in the assessments, exercises and worksheets provided, the more they will discover about their current habits and how to improve them for greater financial freedom.

Students have many different financial goals, but none are more important than having a basic understanding of financial issues and peace of mind with regard to their decisions. The ultimate goal of Focus on Personal Finance is to get students to this point as a first step to achieving the many financial goals they have set for themselves.

Connect is the only integrated learning system that empowers students by continuously adapting to deliver precisely what they need, when they need it, and how they need it, so that your class time is more engaging and effective.

Focus on Personal Finance: An Active Approach to Help You Develop Successful Financial Skills / Edition 4|Paperback (4)

  • Product Details
  • About the Author
  • Table of Contents

Product Details

ISBN-13:9780078034787
Publisher:McGraw-Hill Professional Publishing
Publication date:09/21/2012
Edition description:Older Edition
Pages:576
Product dimensions: 8.40(w) x 10.70(h) x 0.90(d)

About the Author

Les Dlabay teaches in the Department of Economics and Business at Lake Forest College, Lake Forest, Illinois. Over the past 25 years, he has taught more than 30 different courses in high school, community college, university, adult education, and teacher preparation programs. Dr. Dlabay has developed a wide variety of textbook materials, student activity guides, instructor manuals, testing programs, audio-visual materials, and software packages in the areas of Personal Finance, Consumer Economics, and International Business.

Dr. Dlabay has served as a consultant to corporations, educational institutions, and government agencies. He has presented more than 140 workshops and seminars in over 20 states to encourage teachers to actively involve students in the learning process with video presentations, newsletters, interviews, and Internet research activities.

Professor of business at Dallas County Community Colleges, believes that these two words can literally change people's lives. Whether you want to be rich or just manage the money you have, the ability to analyze financial decisions and gather financial information are skills that can always be improved. In addition to writing several textbooks, Dr. Hughes has taught personal finance, introduction to business, business math, small business management, small business finance, and accounting since 1972. He also served as a content consultant for two popular national television series, It's Strictly Business and Dollars & Sense: Personal Finance for the 21st Century, and is the lead author for a business math project utilizing computer-assisted instruction funded by the ALEKS Corporation. He received his BBA from Southern Nazarene University and his MBA and EdD from the University of North Texas. His hobbies include writing, investing, collecting French antiques, art, and travel.

Dr. Jack Kapoor is a Professor of Business and Economics in the Business and Services Division. Dr. Kapoor has taught Business and Economics at College of DuPage since 1969. He received his B.A. and M.S. from San Francisco State College and his Ed.D. from Northern Illinois University. Professor Kapoor was recently awarded the Business and Services Division's Outstanding Professor Award for 1999-2000.
Dr. Kapoor is known internationally as a co-author of several textbooks including Business: A Practical Approach (Rand McNally), Business (Houghton Mifflin), and Focus on Personal Finance (Richard D. Irwin/McGraw-Hill).

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Table of Contents

Chapter 1 Personal Financial Planning in Action
Chapter 2 Money Management Skills
Chapter 3 Taxes in Your Financial Plan
Chapter 4 Savings and Payment Services
Chapter 5 Consumer Credit: Advantages, Disadvantages, Sources, and Costs
Chapter 6 Consumer Purchasing Strategies and Wise Buying of Motor Vehicles
Chapter 7 Selecting and Financing Housing
Chapter 8 Home and Automobile Insurance
Chapter 9 Health and Disability Income Insurance
Chapter 10 Financial Planning with Life Insurance
Chapter 11 Investing Basics and Evaluating Bonds
Chapter 12 Investing in Stocks
Chapter 13 Investing in Mutual Funds
Chapter 14 Retirement and Estate Planning
Appendix A Developing a Career Search Strategy
Appendix B Consumer Agencies and Organizations
Appendix C Daily Spending Diary
Index

Focus on Personal Finance: An Active Approach to Help You Develop Successful Financial Skills / Edition 4|Paperback (2024)

FAQs

What are the 5 basics of personal finance? ›

Key Takeaways. Few schools have courses on managing your money, so it is important to learn how through free online articles, courses, blogs, podcasts, or books. The core areas of managing personal finance include income, spending, savings, investments, and protection.

What are the four 4 pillars of personal finance? ›

Everyone has four basic components in their financial structure: assets, debts, income, and expenses. Measuring and comparing these can help you determine the state of your finances and your current net worth. You can think of them as the vital signs of your financial circ*mstances.

What are the 4 pillars of financial independence? ›

Financial literacy is having a basic grasp of money matters and its four fundamental pillars: debt, budgeting, saving, and investing. It's understanding how to build wealth throughout one's life by leveraging the power of these pillars.

What are the 4 pillars of financial health? ›

Are you financially healthy? Many financial experts agree that financial health includes four key components: Spend, Save, Borrow, and Plan.

What are the 7 components of personal financial? ›

A good financial plan contains seven key components:
  • Budgeting and taxes.
  • Managing liquidity, or ready access to cash.
  • Financing large purchases.
  • Managing your risk.
  • Investing your money.
  • Planning for retirement and the transfer of your wealth.
  • Communication and record keeping.

What are the golden rules of personal finance? ›

The rule of 25X is the thumb rule when it comes to retirement savings, where you need to save 25 times your annual expenses. This rule says that an individual can think about retirement when they have funds worth 25 times their annual expenses.

What are the three key principles to success in personal finance? ›

The key principles of personal finance are: Budgeting: tracking income and expenses to make sure you don't spend more than you earn. Saving: setting aside a portion of income for emergencies and future goals. Debt management: avoiding high-interest debt and paying off existing debt in a timely manner.

Why is personal finance so important? ›

It plays a vital role in reducing financial stress, empowering individuals to make informed financial decisions, and building wealth. Becoming adept at managing your finances is key to overall well-being, living independently, and increasing potential for a sustainable financial future.

What is income in personal finance? ›

There are various terms for income because there are various ways of earning income. Income from employment or self-employment is wages or salary. Deposit accounts, like savings accounts, earn interest, which could also come from lending. Owning stock entitles the shareholder to a dividend, if there is one.

How to have good financial health? ›

How good habits can help you achieve financial wellbeing
  1. Live within your means. ...
  2. Spend wisely. ...
  3. Free up funds. ...
  4. Build emergency savings. ...
  5. Avoid excessive borrowing and manage your existing debt. ...
  6. Save for the future. ...
  7. Protect what matters. ...
  8. Beware of scams and fraud.

What are the pillars of financial planning? ›

The five pillars of financial planning—investments, income planning, insurance, tax planning, and estate planning— are a simple but comprehensive approach to financial planning.

What are the main pillars of the financial sector? ›

banks, the goods market, and the labor market. foreign exchange market, the bond market, and the government. The three major pillars of the financial sector are the: stock market, the labor market, and the bond market.

What is the #1 rule of personal finance? ›

#1 Don't Spend More Than You Make

When your bank balance is looking healthy after payday, it's easy to overspend and not be as careful. However, there are several issues at play that result in people relying on borrowing money, racking up debt and living way beyond their means.

What are Dave Ramsey's five rules? ›

Dave Ramsey: Follow These 5 Rules That Lead to Wealth '100% of the Time'
  • Get on a Written Budget. Ramsey advised to first make a written plan. ...
  • Get Out of Debt. ...
  • Foster High-Quality Relationships. ...
  • Save and Invest. ...
  • Be Generous.
Feb 22, 2024

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings.

What are the 6 components of personal finance? ›

Let's look at six big personal finance topics—budgeting, saving, debt, taxes, insurance, and retirement—and discuss a helpful principle for each.

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