Personal Financial Planning is designed to be used for the study of personal finance and financial planning from a planner's perspective. This text goes beyond the traditional personal finance texts to teach students how to do actual financial planning and integrates the theory and practice of personal finance.
This book incorporates a theory of personal financial planning that demonstrates the similarities and differences between personal and business finance and integrate the entire body of financial material presented. It is intended to utilize the the theoretical contributions over the past half-century, particularly modern portfolio theory, to elevate the level of presentation. At the same time, its goal is to remain easy to understand and useful in real life.
Part One Planning Basics
Part Two Ongoing Household Planning
Part Three Portfolio Management
Part Four Specialized Planning
Part Five Tax and Estate Planning
Part Six Planning Essentials
Part Seven Integrated Decision Making
Part Eight Further Specialized Topics (Web Chapters)