Introduction to Personal Finance by Kristen Carioti helps readers understand their relationship with money while they learn the fundamentals of personal finance. Regardless of their financial background or career aspirations, readers will walk away with a clear roadmap for setting and achieving their financial goals.
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Part I: Your Relationship with Money
Chapter 1: Your Money, Your Story
Your Money History
Money Scripts
Money Values
Chapter 2: Defining Financial Freedom
Your Money Future
Your Present-Self and Future-Self
Cash Flow Versus Net Worth
Paycheck to Paycheck
Inequities and Costs of Financial Hardship
Financial Freedom
Seven Steps to Financial Freedom
Appendix: Time Value of Money
Part II: The Basics
Chapter 3: Banks and Money
Types of Mainstream Banks
Types of Deposit Accounts
Setting Up a Basic Emergency Fund
Alternative Financial Services
Cryptocurrency
Chapter 4: Introduction to Credit and Credit Cards
Three Types of Credit
Types of Credit Cards
Credit Card Finance Charges
Paying a Credit Card Off
Alternative Uses of Credit Cards
Credit Card Statistics
Benefits and Costs of Credit Cards
Chapter 5: Credit History and Identity Theft
Credit History
Credit Report
Credit Score
Types and Signs of Identity Theft
Preventing and Reporting Identity Theft
Part III: Income and Expenses
Chapter 6: Income and Career Planning
Prioritizing Income
Research Yourself and Your Career
Test Drive Your Career
Navigating Job Offers and Promotions
Navigating Your Career
Self-Employment
Chapter 7: Expenses and Budgeting
Managing Expenses
Planning Large Expenses
Why You Need a Budget
Budgeting Tools
Creating Your Own Zero-Based Budget
Budgeting Examples
Assessing and Adjusting Your Budget
Part IV: Loans and Debt
Chapter 8: Consumer Loans
Consumer Loans
Monthly Payment and Total Cost of a Loan
Refinancing a Loan
Prepaying a Loan
Student Loans
Federal Student Loan Repayment
Chapter 9: Debt
Predatory Lending
Predatory Loans and Agreements
Paying Off Debt
Other Debt Payoff Strategies
Debt Relief
Part V: From College to Career
Chapter 10: Investing Fundamentals
Saving Versus Investing
Investment Securities
Alternative Investments
Understanding Your Risk Tolerance
Investment Portfolios
Exponential Growth
Chapter 11: Investing Applications
Investment Strategies
Investment Accounts
Employer-Sponsored Retirement Plans
Investing in a 401(k)
Individual Retirement Accounts
Investing in a Roth IRA
Investing Mistakes
Chapter 12: Taxes
Introduction to Income Taxes
Filing Your Tax Return
Calculating Your Federal Income Taxes
State, Local, and FICA Taxes
Filing Taxes When You're Self-Employed
Other Taxes
Chapter 13: Insurance
Health Insurance: How It Works
Health Insurance: Where to Get It
Life Insurance
Disability Insurance
Auto Insurance
Property Insurance
Chapter 14: Housing
Rental Housing
Rental Housing: Pros and Cons
Mortgages
Buying a Home
Home Ownership: Pros and Cons
Rental Property Ownership
Part VI: Pathways to Financial Freedom
Chapter 15: Your Money, Your Future
Retirement Planning
Estate Planning
Protecting Your Future
Money Mistakes and Stall Outs
Continuing Education
