Buch, Englisch, 342 Seiten, Format (B × H): 156 mm x 234 mm
A Practical Guide for Students
Buch, Englisch, 342 Seiten, Format (B × H): 156 mm x 234 mm
ISBN: 978-1-032-79941-4
Verlag: Taylor & Francis Ltd
Young people face unprecedented financial challenges: rising student debt, stiff competition for jobs, barriers to home ownership, dwindling state benefits and prospects of a longer working life. Essential Personal Finance is a guide to all the key areas of personal finance: budgeting, managing debt, savings and investments, insurance, securing a home and laying the foundations for retirement.
It provides an introduction to some of the essential foundations of a modern undergraduate finance qualification, including:
- the nature of financial institutions, markets and economic policy that shape the opportunities and decisions individuals face
- the range of financial assets available to households, risk-return trade-off, basics of portfolio construction and impact of tax
- the importance of the efficient market hypothesis and modern portfolio theory in shaping investment strategies and the limitations of these approaches
- behavioural finance as a key to understanding factors influencing individual and market perceptions and actions
- using financial data to inform investment selection and create financial management tools that can aid decision-making
The second edition has been fully updated and includes: more information on the cost of living crisis; Fintech, climate change, sustainable finance and cryptocurrencies; financial skills and calculations; tax, trust planning and wills; pensions; regulation and fraud; and additional case studies.
Written by authors who contribute experience as financial advisers, practitioners and academics, Essential Personal Finance is a compelling combination of a textbook aimed at students on personal finance and financial services courses, and a practical guide for young people in building their own financial strength and capability.
Zielgruppe
Undergraduate Advanced
Autoren/Hrsg.
Fachgebiete
Weitere Infos & Material
Part I: Have a vision and a plan 1. The necessity of private wealth 2. Defining and achieving your desired lifestyle and legacy 3. Money and happiness 4. Plan your future Part II: Build a secure foundation 5. The pillars of wealth: budgeting and saving 6. Insuring personal risks Part III: Multiply your wealth 7. Passive income 8. A place to live 9. Make wise investments 10. Saving for later life 11. Help from your family Part IV: The next steps 12. Take action. Glossary.
