Personal Finance: An Integrated Planning Approach (8th Edition) Review

Personal Finance: An Integrated Planning Approach (8th Edition)
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This is a very comprehensive ( and expensive) textbook that we used on the introductory course at Florida State University's Certified Financial Planner program. While the price is high, it is less than the cost of one hour with a CPA or 20 minutes with an estate lawyer. You will gain a more-than-basic understanding of finance, time value of money, estate planning, retirement planning, insurance, tax planning and a host of other subjects. If you have a need to know more about finance than the "Dummies" books can provide, this is well worth the money. At least you will know who and what to ask and save yourself many times the purchase price.
There are a lot of poor quality books on this subject. This is NOT one of the bad ones. I would rate it as the best I have seen. Obviously, we had many other courses on each of the topics described above, but this book will let you understand each of these issues enough to get professional help where necessary.

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The goal of this book is two-fold. The first is to have readers appreciate the importance of planning and have a basic understanding of planning techniques. The second is to develop readers' abilities to think critically and to make effective decisions. This book covers financial planning including the time value of money, cash management, buying now and paying later, investment basics, stock and bonds, mutual funds, and protecting your income and wealth. For financial advisors/planners and any individual seeking a sound financial plan.

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