Personal Finance 13th Edition Garman Test Bank

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Personal Finance 13th Edition Garman Test Bank.

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PERSONAL FINANCE 13E offers a practical, student-friendly introduction to personal financial management. Using a structured, step-by-step approach, this market-leading text helps students learn how to save and invest, manage student loans, file taxes, decrease credit card debt, and plan for the future. Real-life scenarios, covering a wide range of financial challenges, enable students to appreciate the relevance of key concepts, and useful advice from personal finance experts helps them apply those concepts in their own lives. Many math-based examples clearly illustrate the critical importance of achieving long-term financial goals through investing. Building on the success of previous editions, the new Thirteenth Edition continues to engage students and focus their attention on critical concepts they need to succeed in class and to manage their finances wisely for a lifetime.

 

Table of Content:

  1. Part 1: Financial Planing
  2. Chapter 1: Understanding Personal Finance
  3. 1.1 Achieving Personal Financial Success
  4. 1.2 The Economy Affects Your Personal Financial Success
  5. 1.3 Think Like an Economist When Making Financial Decisions
  6. 1.4 Perform Time Value of Money Calculations
  7. 1.5 Make Smart Money Decisions at Work
  8. 1.6 Where to Seek Expert Financial Advice
  9. Chapter 2: Career Planning
  10. 2.1 Developing Your Career Plan
  11. 2.2 Financial and Legal Aspects of Employment
  12. 2.3 Practice Effective Employment Search Strategies
  13. Chapter 3: Financial Statements, Tools, and Budgets
  14. 3.1 Financial Values, Goals, and Strategies
  15. 3.2 Financial Statements Measure Your Financial Health and Progress
  16. 3.3 Collect and Organize Your Financial Records to Save Time and Money
  17. 3.4 Money Topics to Discuss with a Partner
  18. 3.5 Reaching Your Goals through Budgeting: Your Spending/Savings Action Plan
  19. Part 2: Money Management
  20. Chapter 4: Managing Income Taxes
  21. 4.1 Progressive Income Taxes and the Marginal Tax Rate
  22. 4.2 Eight Steps in Calculating Your Income Taxes
  23. 4.3 Strategies to Reduce Your Income Taxes
  24. Chapter 5: Managing Checking and Savings Accounts
  25. 5.1 What Is Monetary Asset Management?
  26. 5.2 Open Checking and Money Market Accounts
  27. 5.3 Establish Ownership of Assets Wisely
  28. 5.4 Electronic Money Management
  29. 5.5 The Psychology of Money Management
  30. Chapter 6: Building and Maintaining Good Credit
  31. 6.1 Advantages and Disadvantages of Using Credit
  32. 6.2 Three Ways to Set Your Own Debt Limit
  33. 6.3 Obtaining Credit and Building a Good Credit Reputation
  34. 6.4 Dealing with Overindebtedness
  35. Chapter 7: Credit Cards and Consumer Loans
  36. 7.1 Credit Cards and Other Types of Open-End Credit
  37. 7.2 Managing Credit Cards Wisely
  38. 7.3 Sources of Consumer Loans
  39. 7.4 Installment Loans
  40. 7.5 Calculating Interest on Consumer Loans
  41. Chapter 8: Vehicle and Other Major Purchases
  42. 8.1 Before You Buy Do Your Homework
  43. 8.2 Comparison Shop to Find the Best Buy
  44. 8.3 Negotiate Successfully
  45. 8.4 Complain When Appropriate
  46. Chapter 9: Obtaining Affordable Housing
  47. 9.1 Should You Rent or Buy Your Home?
  48. 9.2 What Does It Cost to Buy a Home?
  49. 9.3 The Steps in Home Buying
  50. 9.4 Financing a Home
  51. 9.5 Selling a Home
  52. Part 3: Income and Asset Protection
  53. Chapter 10: Managing Property and Liability Risk
  54. 10.1 Risk and Risk Management
  55. 10.2 Understanding How Insurance Works
  56. 10.3 Homeowner’s Insurance
  57. 10.4 Automobile Insurance
  58. 10.5 Buy Specialized Protection for Other Loss Exposures
  59. 10.6 How to Collect on Your Property and Liability Losses
  60. Chapter 11: Planning for Health Care Expenses
  61. 11.1 The Affordable Care Act and You
  62. 11.2 Types of Health Care Plans
  63. 11.3 Your Health Plan Benefits and Limits
  64. 11.4 Planning for Long-Term Custodial Care
  65. 11.5 Disability Income Insurance
  66. 11.6 Advance Directive Documents
  67. Chapter 12: Life Insurance Planning
  68. 12.1 How Much Life Insurance Do You Need?
  69. 12.2 There Are Only Two Types of Life Insurance
  70. 12.3 Understanding Your Life Insurance Policy
  71. 12.4 How to Buy Life Insurance
  72. Part 4: Investments
  73. Chapter 13: Investment Fundamentals
  74. 13.1 Starting Your Investment Program
  75. 13.2 Identify Your Investment Philosophy and Invest Accordingly
  76. 13.3 Risks and Other Factors Affect the Investor’s Return
  77. 13.4 Accept the Realities of the Market and Avoid Investing Mistakes
  78. 13.5 Four Safe and Effective Strategies for Long-Term Investors
  79. 13.6 Creating Your Own Investment Plan
  80. Chapter 14: Investing in Stocks and Bonds
  81. 14.1 The Role of Stocks and Bonds in Investments
  82. 14.2 How to Evaluate Common Stocks
  83. 14.3 Use the Internet to Evaluate and Select Stocks
  84. 14.4 Buying and Selling Stocks
  85. 14.5 Investing in Bonds
  86. Chapter 15: Mutual and Exchange Traded Funds
  87. 15.1 Why Invest in Mutual Funds?
  88. 15.2 Mutual Fund Objectives
  89. 15.3 Mutual Fund Investing Fees and Charges
  90. 15.4 How to Select the Funds in Which You Should Invest
  91. Chapter 16: Real Estate and High-Risk Investments
  92. 16.1 How to Make Money Investing in Real Estate
  93. 16.2 Take Advantage of Beneficial Tax Treatments
  94. 16.3 Pricing and Financing Real Estate Investments
  95. 16.4 Disadvantages of Real Estate Investing
  96. 16.5 Investing in Collectibles, Precious Metals, and Gems
  97. 16.6 Investing in Options and Commodity Futures Contracts
  98. Chapter 17: Retirement and Estate Planning
  99. 17.1 Understanding Your Social Security Retirement Income Benefits
  100. 17.2 How to Calculate the Amount You Must Save for Retirement in Today’s Dollars
  101. 17.3 Invest through Employer-Sponsored Retirement Plans
  102. 17.4 Monte Carlo Retirement Advice for Investors
  103. 17.5 Achieve Your Retirement Savings Goal through Personally Established Retirement Accounts
  104. 17.6 Avoid Penalties and Do Not Outlive Your Money
  105. 17.7 How to Plan for the Distribution of Your Assets
  106. Appendix A: Present and Future Value Tables
  107. Appendix B: Estimating Social Security Benefits
  108. Glossary
  109. Index

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