Chapter 1. Personal Finance: They Didn’t Teach This in College
In This Chapter
The meaning of personal finance
How much (or little) do you know about personal finance?
Starting to save and plan now
If the phrase personal finance makes you think of long and serious (read: boring) discussions about stocks, bonds, annuities, and interest rates, well, your impression is partially correct. All those subjects do have their place in the vast world of money and finance. In most ways, however, the emphasis in personal finance is on that first word—personal—which means it’s all about what you do with your money and how what you do now affects your future. What could be more interesting than that?
Exactly What Is Personal Finance?