Personal Finance

by Raymond E. Forgue, Tom Garman, E. Thomas Garman

No Synopsis Available.

• Format: Hardcover
• Language: English
• ISBN: 0395692962
• ISBN13: 9780395692967
• Release Date: January 1994
• Publisher: Houghton Mifflin
• Length: 659 Pages

Customer Reviews

Geared towards a wide audience

While this book is framed as a college-level textbook (and I am currently reading it as a certification requirement), it is a lot less daunting than many college textbooks. The chapters are short and manageable, and cover a wide variety of topics, from budgeting to taxes to credit cards to mortgages to retirement plans. The concepts are presented in a straightforward manner and the chapters are peppered with supplementary blurbs and side articles. At the end of each chapter, there is a wide variety of review exercises, and throughout the book you follow the ongoing financial journeys of several theoretical families. This book should be used as a primer to real life. One warning, some of the material quickly becomes outdated (for example, the tax chapter), so be mindful of this if you don't have the latest edition.

Great for college grads

when u graduate, especially as a liberal arts grad, you know nothing about personal finance - especially credit, budgeting, and etc., - necessary info when u want to finally live on your own. i got the 1991 (3rd) edition from someone and it proved to be a good read. great book. I hope they write a 2003 edition with updated info, especially when it comes to income taxes.

An Excellent Review of Money Management

As an instructor of a personal finance course for more than 20 years, I think I know the best books in the field. This is it. This book's content is both classic and timely. The authors cover money from the intitial stages of the financial planning process to estate planning. Despite being a college level textbook, it is quite readable and filled with valuable information. A recent poll indicated that only 31% of American's know what the "time value of money" meant. After reading this book, you will know this and much, much more. This would one of the most important graduatation gifts to any student at any level, whether or not they plan to take the course. Dr. Garman is also the Director of the Institute for Personal Financial Employee Education at Virginia Tech and Dr. Forgue is a Professor at the University of Kentucky. They know their stuff when it comes to money.