CHAPTER 7

Personal Finance—The Takeaway Issues

Particularly when framed in the context of financial news and markets, the fundamental issues that drive personal finance concerns and anxiety are too often ignored. While not as flashy as corporate earnings, Federal Reserve interest rate decisions, and mergers and acquisitions the building blocks of personal finance are critical to understand. Purchasing an automobile, buying a home, and financing education are the largest financial decisions that are undertaken by individuals, and we are going to look at action-oriented steps for individuals to put into practice. While the details of these decisions will obviously be different for every individual the key concepts and steps that can (and should) ...

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