PFIN 2, 2nd Edition

  • includes CourseMate Printed Access Card
  • Lawrence J. Gitman San Diego State University - Emeritus
  • Michael D. Joehnk Arizona State University
  • Randall Billingsley Virginia Tech
  • ISBN-10: 1111821992
  • ISBN-13: 9781111821999
  • 384 Pages Paperback 
  • Previous Editions: 2011
  • © 2012 | Published
  • College Bookstore Wholesale Price = $52.25 
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About The Solution

Overview

Created through an extensive "student-tested, faculty-approved" review process with specific student and faculty input, PFIN2 is an engaging and accessible solution designed to accommodate the diverse lifestyles of today's learners at a value-based price. PFIN2 continues to provide the personal finance content your students need in a concise, approachable format that appeals to today's busy learner. Shorter chapters, an inviting design, engaging visuals, and removable Chapter-in-Review cards work with numerous online student study tools to reinforce the book's solid life-cycle approach to personal financial management. Your students study financial plans, assets, credit, insurance, investment, and retirement as individuals and families progress through a lifetime. Numerous real-life examples and step-by-step learning features help ensure your students master course material and today's most critical financial tools and technology. This edition highlights the most recent current statistical information and laws regarding topics such as taxes, healthcare, credit, banking, and estate planning, to equip your students with contemporary, practical skills. All online tools, including Excel® worksheets that correspond to the book's exercises and Kiplinger videos with money management and investing advice, are easily accessed through PFIN2's CourseMate website. Time-saving CengageNOW online course management and Aplia™ for Finance automated homework solution further ensures students develop today's most important personal finance skills.


Additional Product Information

Features/Benefits

  • PRINT AND ONLINE CONTENT DELIVER ROBUST TEACHING AND LEARNING ASSETS. Based on input from student focus groups and surveys and from interviews with a large number of faculty and students, this magazine-style core text and wealth of integrated multimedia teaching and learning resources produce an engaging and accessible solution that appeals to different learning styles at a value-based price.
  • SHORTER, COMPREHENSIVE CHAPTERS COMMUNICATE PERSONAL FINANCE CONCEPTS WITHIN A MODERN DESIGN. PFIN2 uses an engaging and accessible format to deliver more personal finance content without minimizing coverage for your course.
  • CHAPTER-IN-REVIEW CARDS AT THE BACK OF THE STUDENT EDITION PROVIDE STUDENTS WITH A PORTABLE STUDY TOOL. Chapter-in-Review Cards contain pertinent information students need for effective class preparation.
  • INSTRUCTOR PREP CARDS MAKE CLASS PREPARATION SIMPLE. Detachable Instructor Prep Cards for each chapter, conveniently located in the back of the Instructor's Edition, offer a quick map of chapter content, a list of corresponding PowerPoint® and video resources, additional examples, and suggested assignments and discussion questions to help you organize chapter content efficiently.
  • A FULL SUITE OF UNIQUE LEARNING TOOLS APPEAL TO DIFFERENT LEARNING STYLES. Online study tools are available to students with the purchase of a new book. Online resources, including quizzing, videos, bonus exercises and exhibits and more, are only a click away.
  • CONTENT AND RESOURCES PROVIDE A SUPPLEMENT PACKAGE THAT IS SECOND TO NONE. This edition provides all of the content and resources you expect, including engaging PowerPoint® slides, a useful Instructor's Manual, Test Bank with ExamView® testing software, exhibits in PDF format, and optional online homework solutions -- CengageNOW and Aplia®.
  • INTEGRATED LEARNING SYSTEM SUPPORTS ENTIRE TEXT AND GUIDES STUDENT LEARNING. Six clear Learning Goals open each chapter and are reinforced through chapter headlines, summaries, end-of-chapter problems, while online Concept Checks (found on CourseMate), referencing each major section, help ensure students thoroughly understand the material.
  • INTERACTIVE WORKSHEETS IN EXCEL® FORMAT PROVIDE VALUABLE HANDS-ON PRACTICE. Convenient, interactive Excel® worksheets in this edition that correspond with the personal finance concepts and exercises in each chapter offer your students a hands-on opportunity to practice and apply the skills they've mastered. The Excel format is easier and more efficient to use than previous formats.
  • KIPLINGER VIDEOS PROVIDE MEMORABLE AND TIMELY INSIGHTS AND FINANCIAL ADVICE. Engaging Kiplinger Videos accompany this edition, available from the leading Kiplinger Co., provide quick and direct money management and investing advice to your students within brief, insightful videos.

What's New

  • NEW UPDATES THROUGHOUT THIS EDITION RELFECT THE LATEST FINANCIAL LAWS AND INFORMATION. All information and data throughout this edition now reflects today's most current statistical information and laws regarding taxes, health care, credit, banking, and estate planning.
  • NEW FINANCIAL PLANNING QUESTIONS PROMPT CRITICAL THINKING AND DECISION MAKING FOR READERS. Select chapters in this new edition now offer new Financial Planning Questions that guide students through important financial considerations and decisions.
  • UPDATED LEARNING FEATURES REFLECT THE MOST CURRENT PRIORITIES AND CHANGES IN FINANCE TODAY. This new edition provides updated Financial Road Signs and Money in Action features that reflect today's most recent financial developments and trends while guiding students in applying personal finance concepts. Critical Thinking Questions accompanying Money in Action enrich text discussions by highlighting actual financial planning ideas, experiences and business practices drawn from today's real financial world.

Best Buy Packages

Other Popular Packages

Choose the textbook packaged with the resources that best meet your course and student needs. Contact your Cengage Learning representative for more information.


Printed Text + CourseMate Instant Access
ISBN-10: 1285717791  | ISBN-13: 9781285717791
List Price = $140.95  | CengageBrain Price = $140.95  | College Bookstore Wholesale Price = $104.50

This Bundle Includes:

  • PFIN 2
    List Price = $69.75  | CengageBrain Price = $69.75  | College Bookstore Wholesale Price = $52.25
  • CourseMate Instant Access
    List Price = $69.75  | CengageBrain Price = $69.75  | College Bookstore Wholesale Price = $52.25


Print Option: Text + 4LTR Press
ISBN-10:  1133287565  | ISBN-13:  9781133287568
List Price = $70.95  | CengageBrain Price = $70.95  | College Bookstore Wholesale Price = $52.25

This Bundle Includes:

  • PFIN 2
    List Price = $69.75  | CengageBrain Price = $69.75  | College Bookstore Wholesale Price = $52.25
  • 4LTR Press Print Option Sticker
    List Price = $.00  | College Bookstore Wholesale Price = $.00


Print Option: Text + Aplia Printed Access Card
ISBN-10:  1133804896 | ISBN-13:  9781133804895
List Price = $83.95  | CengageBrain Price = $83.95  | College Bookstore Wholesale Price = $62.25

This Bundle Includes:

  • PFIN 2
    List Price = $69.75  | CengageBrain Price = $69.75  | College Bookstore Wholesale Price = $52.25
  • Aplia Printed Access Card
    List Price = $70.00  | College Bookstore Wholesale Price = $59.50


Table of Contents

Part I: FOUNDATIONS OF FINANCIAL PLANNING.
1. Understanding the Financial Planning Process.
2. Developing Your Financial Statements and Plans.
3. Preparing Your Taxes.
Part II: MANAGING BASIC ASSETS.
4. Managing Your Cash and Savings.
5. Making Automobile and Housing Decisions.
Part III: MANAGING CREDIT.
6. Using Credit.
7. Using Consumer Loans.
Part IV: MANAGING INSURANCE NEEDS.
8. Insuring Your Life.
9. Insuring Your Health.
10. Protecting Your Property.
Part V: MANAGING INVESTMENTS.
11. Investment Planning.
12. Investing in Stocks and Bonds.
13. Investing in Mutual Funds and Real Estate.
Part VI: RETIREMENT AND ESTATE PLANNING.
14. Planning for Retirement.
15. Preserving Your Estate.
Appendix A Table of Future Value Factors.
Appendix B Table of Future Value Annuity Factors
Appendix C Table of Present Value Factors.
Appendix D Table of Present Value Annuity Factors.
Appendix E Using a Financial Calculator.

Supplements

Instructor Supplements

Instructor Supplements

All supplements have been updated in coordination with the main title. Select the main title’s "About the Solution" tab, then select "What's New" for updates specific to title's edition. For more information about these supplements, or to obtain them, contact your Learning Consultant.

Instructor's Resource CD-ROM  (ISBN-10: 1111821909 | ISBN-13: 9781111821906)

Place all the resources you need at your fingertips with this all-in-one IRCD. You'll find the Instructor's Manual, PowerPoint® slides; exhibit PDFs, and Test Bank available both in Word® format and with ExamView testing software. The Instructor's Manual contains all of the solutions to end-of-chapter problems, as well as answers to bonus material found on the students' CourseMate for PFIN 2 website. Updated data throughout each supplement reflects current statistical information and the most recent laws regarding taxes, healthcare, credit, banking, and estate planning.


CourseMate Instant Access  (ISBN-10: 1111864071 | ISBN-13: 9781111864071)

Interested in a simple way to complement your text and course content with study and practice materials? Cengage Learning's Finance CourseMate brings course concepts to life with interactive learning, study, and exam preparation tools that support the printed textbook. Watch student comprehension soar as your class works with the printed textbook and the textbook-specific website. Finance CourseMate goes beyond the book to deliver what you need!

List Price = $69.75  | CengageBrain Price = $69.75  | College Bookstore Wholesale Price = $52.25


WebTutor™ for Blackboard with eBook on Gateway Instant Access Code  (ISBN-10: 1111964033 | ISBN-13: 9781111964030)

Jumpstart your course with customizable, rich content that's specific to PFIN2 with this Course Management System. Easily blend, add, edit, reorganize, or delete content. All text-specific media assets, quizzing, web links, discussion topics, interactive games and exercises have been updated to reflect current finance information and laws. Supplement the classroom experience and ensure students leave with the resources they need to succeed in today's world of personal finance. You even can use this effective resource as an integrated solution for distance learning or a Web-enhanced course.

List Price = $50.00  | CengageBrain Price = $50.00  | College Bookstore Wholesale Price = $50.00


WebTutor™ for WebCT® with eBook on Gateway Instant Access Code  (ISBN-10: 1111964025 | ISBN-13: 9781111964023)

Jumpstart your course with customizable, rich content that's specific to PFIN2 with this Course Management System. Easily blend, add, edit, reorganize, or delete content. All text-specific media assets, quizzing, web links, discussion topics, interactive games and exercises have been updated to reflect current finance information and laws. Supplement the classroom experience and ensure students leave with the resources they need to succeed in today's world of personal finance. You even can use this effective resource as an integrated solution for distance learning or a Web-enhanced course.

List Price = $50.00  | CengageBrain Price = $50.00  | College Bookstore Wholesale Price = $50.00


CengageNOW Instant Access Code  (ISBN-10: 1133493807 | ISBN-13: 9781133493808)

List Price = $80.00  | CengageBrain Price = $80.00  | College Bookstore Wholesale Price = $80.00


Student Supplements

Student Supplements

All supplements have been updated in coordination with the main title. Select the main title’s "About the Solution" tab, then select "What's New" for updates specific to title's edition. For more information about these supplements, or to obtain them, contact your Learning Consultant.

CourseMate Instant Access  (ISBN-10: 1111864071 | ISBN-13: 9781111864071)

The more you study, the better the results. Make the most of your study time by accessing everything you need to succeed in one place. Read your textbook, take notes, review flashcards, watch videos, and take practice quizzes--online with CourseMate.

List Price = $69.75  | CengageBrain Price = $69.75  | College Bookstore Wholesale Price = $52.25


WebTutor™ for Blackboard with eBook on Gateway Instant Access Code  (ISBN-10: 1111964033 | ISBN-13: 9781111964030)

This dynamic WebTutor™ tool helps you improve your grades with online interactive reinforcement of key concepts. WebTutor™'s online learning resources bring together review and test preparation tools with quizzes, tutorials and other review tools that are all updated to reflect changes in the current text as well as incorporate the most current finance information and laws.

List Price = $50.00  | CengageBrain Price = $50.00  | College Bookstore Wholesale Price = $50.00


WebTutor™ for WebCT® with eBook on Gateway Instant Access Code  (ISBN-10: 1111964025 | ISBN-13: 9781111964023)

This dynamic WebTutor™ tool helps you improve your grades with online interactive reinforcement of key concepts. WebTutor™'s online learning resources bring together review and test preparation tools with quizzes, tutorials and other review tools that are all updated to reflect changes in the current text as well as incorporate the most current finance information and laws.

List Price = $50.00  | CengageBrain Price = $50.00  | College Bookstore Wholesale Price = $50.00


Aplia Instant Access for Gitman/Joehnk/Billingsley's PFIN2  (ISBN-10: 1133726437 | ISBN-13: 9781133726432)

Succeed in your course with Aplia's interactive learning system--featuring practice problems with immediate feedback and tools developed specifically for PFIN2, 2nd Edition. Aplia has already helped more than a million students succeed in college classes.

List Price = $70.00  | CengageBrain Price = $70.00  | College Bookstore Wholesale Price = $70.00


CengageNOW Instant Access Code  (ISBN-10: 1133493807 | ISBN-13: 9781133493808)

Succeed in your finance course with CengageNOW, a powerful online homework tool that optimizes your learning experience. This interactive system generates a diagnostic Personalized Study Plan (with a chapter-specific Pre-test, Study Plan, and Post-test) to help you master concepts, prepare for exams, and get a better grade.

List Price = $80.00  | CengageBrain Price = $80.00  | College Bookstore Wholesale Price = $80.00


Blackboard MindLink for CourseMate Instant Access  (ISBN-10: 1285597389 | ISBN-13: 9781285597386)

The more you study, the better the results. Make the most of your study time by accessing everything you need to succeed in your finance course in one place. Read your eBook, take notes, review flashcards, view videos, and take practice quizzes—all online with MindLink for CourseMate on Blackboard.

List Price = $84.75  | CengageBrain Price = $84.75  | College Bookstore Wholesale Price = $62.25


Meet the Author

About the Author

Lawrence J. Gitman

Dr. Lawrence J. Gitman is an emeritus professor of finance at San Diego State University. He received his B.A. from Purdue University, M.B.A. from the University of Dayton, and Ph.D. from the University of Cincinnati. Dr. Gitman is a prolific author and has more than 50 articles appearing in Financial Management, the Financial Review, the Journal of Financial Planning, the Journal of Risk and Insurance, the Financial Services Review, the Journal of Financial Research, Financial Practice and Education, the Journal of Financial Education, and other scholarly publications. He has authored and co-authored numerous best-selling textbooks on various finance and business topics as well as investing. Authors Gitman and Joehnk's INVESTMENT FUNDAMENTALS: A GUIDE TO BECOMING A KNOWLEDGEABLE INVESTOR was selected as one of 1988's ten best personal finance books by Money magazine. An active member of numerous professional organizations, Dr. Gitman is past president of the Academy of Financial Services, the San Diego Chapter of the Financial Executives Institute, the Midwest Finance Association, and the FMA National Honor Society. In addition, he is a Certified Financial Planner® (CFP®). Dr. Gitman formerly served as a director on the CFP® Board of Governors, as vice president–financial education for the Financial Management Association, and as director of the San Diego MIT Enterprise Forum. He has two grown children and lives with his wife in La Jolla, California, where he is an avid cyclist.

Michael D. Joehnk

Michael D. Joehnk is an emeritus professor of finance at Arizona State University. In addition to his academic appointments at ASU, Dr. Joehnk spent a year as a visiting professor of finance at the University of Otago in New Zealand. He received his B.A. and Ph.D. degrees from the University of Arizona and his M.B.A. from Arizona State University. A Chartered Financial Analyst (CFA), he has served as a member of the Candidate Curriculum Committee and of the Council of Examiners of the Institute of Chartered Financial Analysts. He has also served as a director of the Phoenix Society of Financial Analysts and as secretary-treasurer of the Western Finance Association, and was elected to two terms as vice-president of the Financial Management Association. Dr. Joehnk has authored or co-authored more than 50 articles, five popular books, and numerous monographs. In addition to co-authoring several books with Dr. Gitman, Dr. Joehnk wrote the highly successful paperback tradebook, INVESTING FOR SAFETY'S SAKE. He has also served as editor and has contributed to several other prominent books. His articles have appeared in Financial Management, the Journal of Finance, the Journal of Bank Research, the Journal of Portfolio Management, the Journal of Consumer Affairs, the Journal of Financial and Quantitative Analysis, the AAII Journal, the Journal of Financial Research, the Bell Journal of Economics, the Daily Bond Buyer, Financial Planner, and other publications. Dr. Joehnk served a six-year term as executive co-editor of the Journal of Financial Research. He and his wife live in Flagstaff, Arizona, where they enjoy hiking and other activities in the nearby mountains and canyons.

Randall Billingsley

Randall S. Billingsley is a finance professor at Virginia Tech. He received his B.A. in economics from Texas Tech University and both an M.S. in economics and a Ph.D. in finance from Texas A&M University. Dr. Billingsley holds the Chartered Financial Analyst (CFA), Financial Risk Manager (FRM), and Certified Rate of Return Analyst (CRRA) professional designations. An award-winning teacher at the undergraduate and graduate levels, his research, consulting, and teaching focus on investment analysis and issues relevant to practicing financial advisors. Formerly a vice president at the Association for Investment Management and Research (now the CFA Institute), Dr. Billingsley's published equity valuation case study of Merck & Company was assigned reading in the CFA curriculum for several years. In 2006 the Wharton School published his book, UNDERSTANDING ARBITRAGE: AN INTUITIVE APPROACH TO FINANCIAL ANALYSIS. In addition, his research has been published in refereed journals, including the Journal of Portfolio Management, the Journal of Banking and Finance, Financial Management, the Journal of Financial Research, and the Journal of Futures Markets. Dr. Billingsley advises the Student-Managed Endowment for Educational Development (SEED) at Virginia Tech, which manages an equity portfolio of about $4 million on behalf of the Virginia Tech Foundation. Dr. Billingsley has acted extensively as an expert witness on financial issues. He has also taught seminars and published materials to prepare investment professionals for CFA examinations. He has consulted throughout the U.S., Canada, Europe, and Asia, where he always strives to apply the findings of academic financial research to practical investment decision making and personal financial planning.

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