Foundations of Financial Literacy 11e, Online Textbook
Foundations of Financial Literacy provides a comprehensive framework for high school students learning about personal financial responsibility, enabling them to make wise financial decisions, lead productive lives, and achieve financial security. This text includes cross-curricular and portfolio activities throughout, a robust overview of economic principles, and easy-to-understand information for successfully managing milestones such as financing your first car, preparing for college and career, and retirement and estate planning. The 11th edition has been updated to reflect recent changes in tax laws and procedures, and includes updated coverage of current financial practices, such as FICO scores and VantageScore 4.0, trade agreements, and understanding FAFSA for education and personal financial planning.
Table of Contents
Abbreviated Contents
Foundations of Financial Literacy 11e, Online Textbook
- Foundations of Financial Literacy
- Copyright © 2023 by The Goodheart-Willcox Company, Inc.
- Introduction
- About the Authors
- Reviewers
- Guided Tour
- Tools for Student and Instructor Success
- Brief Contents
- Contents
- Feature Contents
- Unit 1 Financial Literacy
- Chapter 1 Financial Literacy Basics
- Chapter 1 Focus on Finance
- Section 1.1 Introduction to Financial Literacy
- Planning Your Future
- Goals
- Section 1.1 Review
- Section 1.2 Managing Your Personal Finances
- Making Economic Decisions
- Systematic Decision-Making
- Managing Resources
- Section 1.2 Review
- Section 1.3 Financial Influencers
- Your Financial Future
- Government and the Economy
- Globalization and Your Finances
- Section 1.3 Review
- Chapter 1 Review and Assessment
- Chapter 2 Personal Financial Planning
- Chapter 2 Focus on Finance
- Section 2.1 Personal Financial Landscape
- Budgets
- Personal Financial Statements
- Recordkeeping
- Money Management Software
- Section 2.1 Review
- Section 2.2 Young Adult and Family Finances
- On Your Own
- Family Life Cycle
- Personal Financial Problems
- Section 2.3 Review
- Chapter 2 Review and Assessment
- Chapter 3 Income and Taxes
- Chapter 3 Focus on Finance
- Section 3.1 Income
- Earned Income
- Payroll Deductions
- Benefits
- Work-Life Balance
- Section 3.1 Review
- Section 3.2 Tax Returns
- Income Tax Return Basics
- Tax Forms
- Preparing a Form 1040
- Sources of Tax Information and Assistance
- IRS Audits
- Section 3.2 Review
- Section 3.3 Government Spending
- Government Spending
- Types of Taxes
- Federal Tax Code
- Social Security
- Section 3.3 Review
- Chapter 3 Review and Assessment
- Unit 2 Protecting Your Finances
- Chapter 4 Banking
- Chapter 4 Focus on Finance
- Section 4.1 Financial Service Providers
- Types of Financial Institutions
- Banking Products and Services
- Selecting a Financial Institution
- Section 4.1 Review
- Section 4.2 Checking Accounts
- Personal Checking Accounts
- Using a Checking Account
- Section 4.2 Review
- Chapter 4 Review and Assessment
- Chapter 5 Savings
- Chapter 6 Investing
- Chapter 6 Focus on Finance
- Section 6.1 Investments
- Investing Basics
- Benefits of Investing
- Section 6.1 Review
- Section 6.2 Types of Investments
- Stocks
- Bonds
- Mutual Funds
- Alternative Investments
- Section 6.2 Review
- Section 6.3 Investment Resources
- Investment Information
- Factors Affecting the Value and Performance of Investments
- Investment Strategies
- Buying Securities
- Section 6.3 Review
- Chapter 6 Review and Assessment
- Chapter 7 Retirement and Estate Planning
- Chapter 7 Focus on Finance
- Section 7.1 Types of Retirement Plans
- Employer-Sponsored Retirement Plans
- Personal Retirement Plans
- Small Business and Self-Employed Retirement Plans
- Governmental Pension Plans
- Section 7.1 Review
- Section 7.2 Planning for Retirement
- Retirement Planning
- Estate Planning
- Section 7.2 Review
- Chapter 7 Review and Assessment
- Unit 3 Managing Your Spending
- Chapter 8 Credit
- Chapter 9 Credit Management
- Chapter 10 Consumer Purchasing
- Chapter 10 Focus on Finance
- Section 10.1 The Marketplace
- Marketplace
- Marketing Strategies That Influence Consumer Purchasing
- Section 10.1 Review
- Section 10.2 Consumer Purchasing Strategies
- Conducting Research
- Applying Systematic Decision-Making
- Planning to Spend
- Section 10.2 Review
- Chapter 10 Review and Assessment
- Chapter 11 Consumer Power
- Unit 4 Purchasing and Protecting Your Assets
- Chapter 12 Housing Decisions
- Chapter 12 Focus on Finance
- Section 12.1 Renting a Residence
- Your First Apartment
- Rental Process
- Moving Into a New Residence
- Section 12.1 Review
- Section 12.2 Purchasing a Home
- Home Ownership
- Home-Buying Process
- Apply for a Mortgage
- Types of Mortgages
- Section 12.2 Review
- Chapter 12 Review and Assessment
- Chapter 13 Purchasing a Car
- Chapter 13 Focus on Finance
- Section 13.1 Shopping for a Car
- Automobile Marketplace
- Shopping for a Pre-Owned Car
- Consumer Protection for Car Buyers
- Section 13.1 Review
- Section 13.2 Car-Buying Decisions
- Decision-Making Process for Buying a Car
- Financing a Car
- Section 13.2 Review
- Chapter 13 Review and Assessment
- Chapter 14 Risk Management and Insurance for Homes and Autos
- Chapter 15 Health, Disability, and Life Insurance
- Chapter 15 Focus on Finance
- Section 15.1 Health Insurance
- Health Insurance
- Private Health Care Plans
- Governmental Health Care Plans
- Taking Responsibility for Your Health Care
- Section 15.1 Review
- Section 15.2 Disability and Life Insurance
- Disability Insurance
- Life Insurance
- Choosing a Life Insurance Plan
- Section 15.2 Review
- Chapter 15 Review and Assessment
- Unit 5 Exploring Economics
- Chapter 16 Economic Principles
- Chapter 17 Functioning of the Economy
- Chapter 17 Focus on Finance
- Section 17.1 Basics of the Economy
- Role of Money in the Economy
- Business Cycle
- Economic Indicators
- Section 17.1 Review
- Section 17.2 Government and the Economy
- Function of the Federal Reserve
- Fiscal Policy
- Government’s Role in the Economy
- Section 17.2 Review
- Chapter 17 Review and Assessment
- Chapter 18 Business in the Free Enterprise
- Chapter 19 Global Trade and the Economy
- Chapter 19 Focus on Finance
- Section 19.1 Economic Globalization
- Flow of Goods and Services
- Flow of Labor
- Impact of Multinational Corporations
- Section 19.1 Review
- Section 19.2 International Monetary System
- Foreign Exchange Market
- Government’s Role in Global Trade
- International Trade Organizations and Agreements
- Globalization and You
- Section 19.2 Review
- Chapter 19 Review and Assessment
- Chapter 20 Environmental Responsibilities in an Economic System
- Unit 6 Preparing for Your Career
- Chapter 21 Planning for Your Career
- Chapter 21 Focus on Finance
- Section 21.1 Choosing a Career
- Skills for the Workplace
- Finding Career Information
- Career and Technical Student Organizations
- Employment Trends
- Section 21.1 Review
- Section 21.2 Preparing for Your Education
- Education, Training, and Certification
- College Access
- Funding Your Education
- Section 21.2 Review
- Chapter 21 Review and Assessment
- Chapter 22 Applying for and Accepting Employment
- Chapter 22 Focus on Finance
- Section 22.1 Résumés, Cover Messages, and Employment Applications
- Writing a Résumé
- Writing a Cover Message
- Applying for Employment
- Section 22.1 Review
- Section 22.2 Job Interviews and the Employment Process
- Job Interview
- Employment Process
- Section 22.2 Review
- Section 22.3 Success in the Workplace
- On the Job
- Workplace Ethics
- Workplace Safety
- Section 22.3 Review
- Chapter 22 Review and Assessment
- Chapter 23 Digital Citizenship
- Chapter 23 Focus on Finance
- Section 23.1 Communicating in a Digital Society
- Digital Communication
- Intellectual Property
- Electronic User’s Bill of Rights
- Section 23.1 Review
- Section 23.2 Internet Use in the Workplace
- Using the Internet
- Digital Security
- Section 23.2 Review
- Chapter 23 Review and Assessment
- Math Skills Handbook
- Glossary
- Index