Personal Finance (7th Edition)

Author: (American) Kapur et al. (Auth.), Xu Yonglin et al. (Trans.)
Publisher:
Publish Date: 2006-11-01
Features: This book introduces the basic knowledge of personal finance from various aspects, covering the importance of financial management, the steps of making financial decisions, various tools and methods of financial management, as well as various means of investment and financial management. The comprehensive and complete introduction enables ordinary people to use financial tools to protect their wealth. It is suitable to be a basic textbook for financial management professionals and a reference book for ordinary people to manage their finances. Although this book cannot guarantee the achievement of the above goals, it can provide you with the opportunity to achieve the above goals and other wealth goals, of course, with your efforts. Technological progress, economic globalization, and other social developments are increasingly changing the financial management environment, but the basic principles of financial management remain unchanged. Your ability to wisely combine consumption, savings, borrowing, and investment is still the foundation of your long-term financial security. Every day, we face many choices, such as purchasing goods, different TV channels, and many other activities. Financial choices are particularly crucial. And this book—Personal Finance (7th Edition)—provides you with the tools to make these choices. The first chapter of this book introduces the various steps of the financial decision-making process. These step-by-step instructions will teach you to recognize, evaluate, and understand the opportunity costs of your choices. This book focuses on financial management techniques, practical financial decision-making, and expert financial advice, providing you with a solid foundation for your current and future financial activities. At the same time, to facilitate the practice of teachers and students, the new edition has also added many teaching-related content.