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Personal Financial Literacy Updated, 3rd Precision Exams Edition, 3rd Edition is now available.
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Personal Financial Literacy

By Joan Ryan, Christie Ryan

3rd Edition © 2017
Discipline:Finance
Course:Finance - General
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PERSONAL FINANCIAL LITERACY, Third Edition, covers the most current and relevant financial topics that impact today’s students, including budgeting, identity theft, saving, investing, risk management, and careful use of credit. This text teaches students how to plan and manage their personal finances; how to live a financially successful life; and what their financial responsibilities are as citizens. It is aligned with the Jump$tart Coalition's National Standards for Personal Financial Literacy. The personal focus of this course makes it relevant and meaningful to those just starting down the path to personal financial independence.

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About this product

PERSONAL FINANCIAL LITERACY, Third Edition, covers the most current and relevant financial topics that impact today’s students, including budgeting, identity theft, saving, investing, risk management, and careful use of credit. This text teaches students how to plan and manage their personal finances; how to live a financially successful life; and what their financial responsibilities are as citizens. It is aligned with the Jump$tart Coalition's National Standards for Personal Financial Literacy. The personal focus of this course makes it relevant and meaningful to those just starting down the path to personal financial independence.

BUILDING COMMUNICATION SKILLS focuses on fundamental communication skills such as listening, reading, speaking, and writing. One or more Try It Out activities give students a chance to apply what they have learned.

SUCCESS SKILLS provides information to lead students toward success in school, work, and personal activities, along with a Try It Out application activity.

EXPLORING CAREERS IN… showcases careers identified in the 16 Career Clusters.

TAKE ACTION provides an opportunity to synthesize the chapter concepts by participating in an ongoing, integrated project throughout the text.

Table of contents

Chapters

Cover Page
Title Page
Copyright Page
About the Authors
Develop Good Financial Habits for Life!
Features for Student Success!
Assessment Is Key!
Unit 1. Money and Income
Unit 2. Decision Making and Planning
Unit 3. Managing Credit and Debt
Unit 4. Saving and Investing

Unit 1. Money and Income

Chapter 1. How Your Choices Affect Income
Preview this section ↗
1.1. Personal Skills and the Job Market ↗
1.1a. What Is the Job Market? ↗
1.1b. How Does Education Affect Your Income? ↗
1.1. Lesson Assessment ↗
1.2. The Economy and Your Post-Secondary Education ↗
1.2a. What Is the Economy? ↗
1.2b. What Are the Costs of Education? ↗
1.2c. How Will You Pay for Education and Training? ↗
1.2. Lesson Assessment ↗
1.3. Post-Secondary Job Application Skills and Tools ↗
1.3a. How Can You Find Job Opportunities? ↗
1.3b. How Do You Get a Job? ↗
1.3c. What Is Self-Employment? ↗
1.3. Lesson Assessment ↗
Summary ↗
Make Academic Connections ↗
Take Action. Prepare Basic Employment Forms ↗
Chapter 2. Income, Benefits, and Taxes
2.1. Earned Income and Benefits
2.1a. What Are Sources of Earned Income?
2.1b. What Are Employee Benefits?
2.1. Lesson Assessment
2.2. Unearned Income and Payments
2.2a. What Is Unearned Income?
2.2b. What Types of Taxes Do You Pay?
2.2c. How Do You Benefit from Paying Taxes?
2.2. Lesson Assessment
2.3. Taxes and Other Deductions
2.3a. What Are Paycheck Deductions?
2.3b. How Do You Prepare an Income Tax Return?
2.3. Lesson Assessment
Summary
Make Academic Connections
Take Action: Prepare Form 1040A Tax Return
Chapter 3. Your Purchasing Power
3.1. Inflation and the Value of Money
3.1a. What Is Inflation?
3.1b. What Are the Types of Inflation?
3.1c. What Are Causes and Effects of Inflation?
3.1. Lesson Assessment
3.2. Prices and Consumer Choices
3.2a. How Are Prices Set in a Market Economy?
3.2b. How Do Buying Strategies Affect Prices?
3.2. Lesson Assessment
3.3. Getting More for Your Money
3.3a. What Are Selling Strategies?
3.3b. What Are Buying Strategies?
3.3. Lesson Assessment
3.4. Consumer Rights and Responsibilities
3.4a. What Are Consumer Rights?
3.4b. How Are Consumers Defrauded?
3.4c. How Can Consumers Protect Themselves from Fraud?
3.4. Lesson Assessment
Summary
Make Academic Connections
Take Action. Research and Report
Unit 1 Project. Business Plans, Inflation, and the Economy

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