Personal Finance

This jargon-free resource explains the who what why and where of contemporary personal finance in simple easy-to-grasp language covering the key people events terms tools policies and products that make up modern money management.The ideal roadmap to 21st-century financial literacy this layman''s encyclopedia discusses ideas concepts events and people that inform money management and personal finance. It explains the intricacies of things like investing saving debt credit and mortgages and it drills down into complexities like the difference between 401(k) and 403(b) retirement plans. Entries invite the reader to explore common financial topics such as seeking credit counseling using credit cards buying a home and choosing insurance. Issues such as identity theft derivatives and taxes are explored as well.The unique work is topically organized with contributions from both academics and financial professionals. Entries are augmented by entertaining sidebar anecdotes and a glossary and there is a useful feature that connects readers to online sources enabling them to keep up with this fast-changing field. A one-stop resource ideal for individuals seeking to understand personal finance this book will also prove valuable to students taking courses in finance and economics. All readers will come away better equipped to profit from money management and more skilled at making smart financial decisions.