Nelson Higher Education

Higher Education

PFIN5, 5th Edition

  • includes PFIN Online, 1 term (6 months) Printed Access Card
  • Randall Billingsley
  • Lawrence Gitman
  • Michael Joehnk
  • ISBN-10: 1305661702
  • ISBN-13: 9781305661707
  • 464 Pages | Paperback
  • Previous Editions: 2016, 2014, 2012
  • COPYRIGHT: 2017 Published
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Overview

About the Product

Based on ongoing research into students’ workflows and preferences, PFIN5 from 4LTR Press combines an easy-reference, paperback textbook with Chapter Review Cards and an innovative online experience –- all at an affordable price. The result is a solution meeting students where they learn best. New for this edition, students can now explore PFIN5 anywhere, anytime, and on most devices with PFIN Online! Intuitive StudyBits™ enable students to study more effectively as well as visually monitor their own progress. A new chapter-level feature -- “Financial Impact of Personal Choices -- helps students relate financial topics to their everyday lives. In addition, all charts, exhibits, figures, and examples are completely up to date to reflect current data. Providing straightforward course management, assessment, and analytics for instructors, PFIN5 with PFIN Online engages students of all generations and learning styles -- and integrates seamlessly into your Personal Finance course.

Features

  • Every 4LTR Press solution comes complete with an engaging print textbook, tear-out review cards, and an interactive digital solution offering study tools and the full text narrative - all delivered and influenced by a deep understanding of students’ workflow and learning styles. PFIN is available as print with online, print only, or online only -- giving students their choice of format all at the same affordable price.

  • Shorter, comprehensive chapters in a modern design present content in a more engaging and accessible format that increases the number of students who read the chapter without minimizing coverage for your course.

  • PFIN5 with PFIN Online engages students of all generations and learning styles, while equipping instructors with straightforward course management, assessment, and analytics. It integrates seamlessly into your Personal Finance course and sets the stage for thinking critically about Personal Finance.

About the Author

Randall Billingsley

Randall Billingsley is a finance professor at Virginia Tech and an award-winning teacher at both the undergraduate and graduate level. His research, consulting, and teaching focus on equity valuation, personal investments, and regulatory finance. Dr. Billingsley holds the Chartered Financial Analyst (CFA), Financial Risk Manager (FRM), and Certified Rate of Return Analyst (CRRA) professional designations. He received an MS in economics and a PhD in finance from Texas A&M. In 2006, he published a financial analysis book with the Wharton School. In addition, his research has been published in many professional journals, including the JOURNAL OF PORTFOLIO MANAGEMENT, JOURNAL OF BANKING AND FINANCE, FINANCIAL MANAGEMENT, JOURNAL OF FINANCIAL RESEARCH, and JOURNAL OF FUTURES MARKETS. He is a former vice president at the CFA Institute. At Virginia Tech he advises the Student-Managed Endowment for Educational Development, which manages an equity portfolio of about $5 million.

Lawrence Gitman

Lawrence J. Gitman is an emeritus professor of finance at San Diego State University. He received his bachelor’s degree from Purdue University, his M.B.A. from the University of Dayton and his Ph.D. from the University of Cincinnati. Dr. Gitman is a prolific textbook author with numerous best-selling books, and he has written more than 50 articles for various finance journals. An active member of numerous professional organizations, Dr. Gitman is past president of the Academy of Financial Services, the San Diego Chapter of the Financial Executives Institute, the Midwest Finance Association and the FMA National Honor Society. In addition, Dr. Gitman is a Certified Financial Planner® (CFP®). He formerly served as a director on the CFP® Board of Governors in addition to functioning as vice-president–financial education for the Financial Management Association and as director of the San Diego MIT Enterprise Forum. Dr. Gitman has two grown children and lives with his wife in La Jolla, California, where he is an avid bicyclist.

Michael Joehnk

Michael D. Joehnk is an emeritus professor of finance at Arizona State University. In addition to his academic appointments at ASU, Dr. Joehnk spent a year as a visiting professor of finance at the University of Otago in New Zealand. He received his B.A. and Ph.D. degrees from the University of Arizona and his M.B.A. from Arizona State University. A Chartered Financial Analyst (CFA), he served as a member of the Candidate Curriculum Committee and of the Council of Examiners of the Institute of Chartered Financial Analysts. He also served as a director of the Phoenix Society of Financial Analysts and as secretary-treasurer of the Western Finance Association. He was also elected to two terms as vice president of the Financial Management Association. In addition, Dr. Joehnk was the editor of Institutional Asset Allocation, which was sponsored by the Institute of Chartered Financial Analysts and published by Dow Jones-Irwin. He also has contributed to the Handbook for Fixed Income Securities and to Investing and Risk Management, Volume 1 of the Library of Investment Banking. In addition, Dr. Joehnk served a six-year term as executive co-editor of the Journal of Financial Research. He and his wife live in Flagstaff, Arizona, where they enjoy hiking and other activities in the surrounding areas.

Table of Contents

Part I: FOUNDATIONS OF FINANCIAL PLANNING.
1. Understanding the Financial Process.
2. Using Financial Statements and Budgets.
3. Preparing Your Taxes.
Part II: MANAGING BASIC ASSETS.
4. Managing Your Cash and Savings.
5. Making Automobile and Housing Decisions.
Part III: MANAGING CREDIT.
6. Using Credit.
7. Using Consumer Loans.
Part IV: MANAGING INSURANCE NEEDS.
8. Insuring Your Life.
9. Insuring Your Health.
10. Protecting Your Property.
Part V: MANAGING INVESTMENTS.
11. Investment Planning.
12. Investing in Stocks and Bonds.
13. Investing in Mutual Funds, ETFs, and Real Estate.
Part VI: RETIREMENT AND ESTATE PLANNING.
14. Planning for Retirement.
15. Preserving Your Estate.

New to this edition

  • NEW 4LTR PRESS ONLINE: Created through a deep investigation of students’ challenges and workflows both broadly and in Personal Finance, PFIN Online enables students to study however, whenever, and wherever they want − including on their devices!
  • New Online features make PFIN more student friendly than ever. “You Can Do It” provides a chapter-level example showing students in detail the ease of making financial decisions. “Financial Fact or Fiction” provides a short chapter-level true-or-false feature that tests the student’s exisiting knowledge of personal finance - helping them focus on key areas where they need to sharpen their skills.
  • With the unique StudyBits™ functionality, students easily collect notes and create StudyBits™ from interactive content to highlight what’s important. With intuitive tagging and filtering options, they maximize their study efforts as they make and review flashcards, take practice quizzes, view related content and track their progress all in one place!

Supplements

All supplements have been updated in coordination with the Main title.
Please see Main title page for new to this edition information.

Instructor Supplements

Instructor Website  (ISBN-10: 1305861043 | ISBN-13: 9781305861046)

Everything you need for your course in one place! This collection of book-specific lecture and class tools is available online via www.cengage.com/login. Access and download PowerPoint presentations, images, instructor’s manual, and more.

Cengage Testing, powered by Cognero® Instant Access  (ISBN-10: 1305864115 | ISBN-13: 9781305864115)

Cengage Learning Testing Powered by Cognero® is a flexible, online system that allows you to import, edit, and manipulate content from the text’s test bank or elsewhere, including your own favorite test questions; create multiple test versions in an instant; and deliver tests from your LMS, your classroom, or wherever you want. Every question has undergone a series of accuracy checks and anti-piracy reviews, as well as a multi-point inspection to remove weak question options (e.g., all answers are correct), sharpen ambiguous questions, and ensure balanced coverage of major course concepts, difficulty levels, and Bloom’s Taxonomy. The test bank questions form the basis for the assessments in the PFIN Online product and are different from the Practice Quizzes available for students.

PFIN Online, 1 term (6 months) Instant Access  (ISBN-10: 1305663055 | ISBN-13: 9781305663053)

NEW 4LTR PRESS ONLINE: Created through a deep investigation of students’ challenges and workflows both broadly and in Personal Finance, PFIN Online enables students to study how and when they want −- including on their devices! New online-only features include “Financial Fact or Fiction” and “You Can Do It”, which relate finance concepts to students’ everyday lives and existing knowledge. With the unique StudyBits™ functionality, students easily collect notes and create StudyBits™ from interactive content to collect what’s important. With intuitive tagging and filtering options, they maximize their study efforts as they make and review flashcards, take practice quizzes, view related content and track their progress all in one place! Coupled with straightforward course management, assessment, and analytics for instructors, PFIN5 with PFIN Online engages students of all generations and learning styles, and integrates seamlessly into your Personal Finance and sets the stage for thinking critically about Personal Finance.

LMS Integrated for PFIN Online, 1 term (6 months) Instant Access  (ISBN-10: 1305867521 | ISBN-13: 9781305867529)

This access code will provide your students with seamless access to their PFIN Online resources from within your campus Learning Management System. Students will be prompted to enter this access code the first time that they click on a link in your course that includes Cengage content.

Student Supplements

PFIN Online, 1 term (6 months) Instant Access  (ISBN-10: 1305663055 | ISBN-13: 9781305663053)

NEW 4LTR PRESS ONLINE: PFIN Online allows easy exploration of the PFIN5 anywhere, anytime -- including on your device! Collect your notes and create StudyBits™ from interactive content as you go to remember what’s important. Then, either use preset study resources, or personalize the product through easy-to-use tags and filters to prioritize your study time. Make and review flashcards, review related content, connect with classmates and track your progress with Concept Tracker. Add in access to assignments and documents from your instructor, and you have everything you need in one place and always accessible!

LMS Integrated for PFIN Online, 1 term (6 months) Instant Access  (ISBN-10: 1305867521 | ISBN-13: 9781305867529)

This access code will provide you with seamless access to your PFIN Online resources from within your campus Learning Management System. You will be prompted to enter this access code the first time that you click on a link in your course that includes Cengage content.