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Ch 68: Fundamentals of Personal Finance

About This Chapter

If you're struggling to prepare for an important exam or get through your homework, this chapter on the fundamentals of personal finance can help. Short video lessons and multiple-choice self-assessment quizzes can make the process of studying easier and more enjoyable.

Fundamentals of Personal Finance - Chapter Summary

Our chapter on the fundamentals of personal finance contains a series of video lessons and quizzes to which you'll have 24/7 access. Study subjects such as personal budgets, credit and debt, and investment opportunities at your own pace. Once you've completed this chapter, you should be able to:

  • Detail the tools you can use to create a personal budget
  • Outline debt and credit in personal finance
  • Define savings accounts and list the different types available
  • Identify the investment opportunities in exchange-traded funds and mutual funds
  • Discuss stocks and bonds as investment opportunities

You'll find that the short video lessons in this chapter can be completed in under ten minutes each, and they contain video tabs that make navigating quick and easy. The lesson quizzes make handy test prep tools. Monitor your progress through the chapter by using the Dashboard, where you can also submit questions to one of our experts if necessary.

5 Lessons in Chapter 68: Fundamentals of Personal Finance
Test your knowledge with a 30-question chapter practice test
How to Create a Personal Budget: Tools & Examples

1. How to Create a Personal Budget: Tools & Examples

Creating a personal budget doesn't have to be overwhelming or discouraging. There are four basic steps to create an effective budget. This lesson will walk you through the steps to create a solid budget.

Credit & Debt in Personal Finance

2. Credit & Debt in Personal Finance

Credit and debt are the foundation of any form of finance. This lesson highlights the pros and cons of credit and debt as they pertain to personal finance.

What is a Savings Account? - Definition & Types

3. What is a Savings Account? - Definition & Types

People use savings accounts to invest their money for short periods of time. They are the most simple, liquid types of short-term investments. Learn about some basic types of savings accounts and then test your knowledge with a quiz.

Investment Opportunities in Mutual Funds and Exchange-Traded Funds

4. Investment Opportunities in Mutual Funds and Exchange-Traded Funds

Investing in the stock market is not limited to individual stocks. Investors can also invest in mutual funds and exchange-traded funds. In this lesson, you'll learn about these opportunities, as well as their advantages and disadvantages.

Investment Opportunities in Stocks and Bonds

5. Investment Opportunities in Stocks and Bonds

Investors often turn to the stock and bond markets when investing their money. Each market offers opportunities and risks for the individual investor. In this lesson, we'll explore the nature of these investments.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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