Synopsis

PERSONAL FINANCE offers a practical, reader-friendly introduction to personal financial management. Using a structured, step-by-step approach, this market-leading text helps users 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 users 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 also clearly illustrate the critical importance of achieving long-term financial goals through investing. Building on the success of previous editions, the new Eleventh Edition continues to engage and focus attention on the critical concepts needed to succeed in the classroom and to manage finances wisely for a lifetime.

Biography

E. Thomas Garman is an author, researcher, and advisor based in Orlando, Florida, and professor emeritus at Virginia Polytechnic Institute and State University (Virginia Tech). He has worked for a U.S. senator in Washington, D.C., in economic development in West Africa, in sales management, and for a non-profit credit counseling organization. He is an elected Distinguished Fellow of both the American Council on Consumer Interests and the Association for Financial Counseling and Planning Education. Garman has served on consumer advisory boards for the American National Standards Institute, the U.S. Food and Drug Administration, the Board of Governors of the Federal Reserve System, the National Advertising Review Board, the National Foundation for Credit Counseling, Kraft, Conoco, and Sears & Roebuck. His consulting includes work for Manulife Financial, Profit Sharing/401k Council of America, AT&T, the U.S. Navy, the U.S. Army, and the U.S. Department of Defense. His work has been featured in hundreds of publications, including USA Today, The Washington Post, The Los Angeles Times, and U.S. News & World Report, and he has appeared on National Public Radio and NBC Nightly News.

Raymond Forgue is an associate professor in the Department of Family Studies at the University of Kentucky. He has served as chair of the department and acting dean of the College of Human Environmental Sciences. For over twenty years, he has taught various courses in consumer studies, personal finance, and insurance. His professional service has included the presidency of the American Council of Consumer Interests and a seat on the board of directors for the Association for Financial Counseling and PlanningEducation. He has consulted on personal finance education training for the Accredited Financial Counselor certification program.