The Missing Link from College to Career and Beyond

Personal Financial Management: from College to Career, 5^th Edition is a unique book written specifically for young adults and families concerned about the complex financial world they face as they begin their careers and lives together.  It was originally published as a companion text for an upper division course taught by Mr. Selinger at the University of California at Berkeley, sponsored by the Haas School of Business.  It is easily read and understood by both business and non-business majors.  The recently printed "5th Edition" includes updated information about credit cards, debit cards, student loan debt, credit reports, FICO scoring, identity theft, the impact of love and money in a relationship, the ways to buy a house or car, personal taxes, IRAs, 401k plans, endless investment options, in stocks, bonds and mutual funds, soaring medical and retirement costs, and much more

TABLE OF CONTENTS Chapter 1: Introduction: Living in The Midst of a Complex World ............. 1 Chapter 2: Who Are The Millionaires? Why Not You? ............................. 11 Chapter 3: Credit, Debt, and Money: Makes the World Go Around ......... 15 Chapter 4: Credit Reports and Credit Scores: “I Spend, Therefore I Am”............................................................. 35 Chapter 5: Contracts Can Be Dangerous To Your Health: Read Them! ................................................................................... 45 Chapter 6: Social Security and Medicare: The Trend is Not Your Friend ...................................................... 51 Chapter 7: Government Revenue and Expenses: Taxes, Taxes, and More Taxes ..................................................... 61 Chapter 8: Beginning to Save: “I Get Paid First” ........................................ 7 5 Chapter 9: Investment Vehicles: Get in the Game....................................... 87 Chapter 10: Investing in Stocks: Not a Big Mystery ..................................... 99 Chapter 11: Investing in Bonds: Not Even a Small Mystery ....................... 121 Chapter 12: Stock Options and Grants: The Modern Day Gold Rush ....... 129 Chapter 13: Love and Money: “With This Debt, I Thee Wed” ................... 135 Chapter 14: Purchasing a Home: To Buy or Not to Buy, That is the Question ............................... 145 Chapter 15: Renting an Apartment: The Home You Don’t Own ............... 165 Chapter 16: Homeowner’s Insurance: The Devil is in The Details ............ 171 Chapter 17: The Subprime and Adjustable Rate Mortgage Crisis: Bad Decisions . . . . Bad Consequences ...................................... 177 Chapter 18: Individual Retirement Accounts (IRA): A Gift From Uncle Sam .............................................................. 1 83 Chapter 19: 401(k) Plan: A Gift from Your Boss? ........................................193 Chapter 20: Real Estate Investing: Start Small and Build .......................... 203 000200010271967983_Selinger_final.pdf 5 7/9/15 4:36 AM Chapter 21: Student Loans: An Asset or a Liability? .................................. 215 Chapter 22: Purchasing or Leasing a Car: Let the Buyer Beware ............. 22 5 Chapter 23: Automobile Insurance: Steering in the Right Direction .......... 239 Chapter 24: Health Care and Insurance: The Good, The Bad, and The Ugly .............................................247 Chapter 25: Disability Insurance: They’ve Got Your Back ........................ 263 Chapter 26: Life Insurance: Your Life May Be Worth More Than You Think ...................... 269 Chapter 27: Starting a Successful Business: Ask Yourself This . . . . ........ 275 Appendix: Tax Form 1040 and Schedules: Will I get a refund? .............. 2 3 8 000200010271967983_Selinger_final.pdf 6 7/9/15 4:36 AM