Family Financial Management, 8th Edition

South-Western Educational Publishing

Copyright 2010
{{checkPublicationMessage('Published', '2009-01-07T00:00:00+0000')}}

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Overview
Meet the Author
What's New
Features
Table of Contents
Pricing

Overview

Managing personal finances can be an interesting and challenging task. FAMILY FINANCIAL MANAGEMENT 8e is a hands-on, engaging money-management simulation that focuses on budgeting and financial planning for three family units: Tyra Burns, a single woman living on her own; Adam Warner, a single father raising a young son, Carson; and Celina and Jared Hoffman, a young married couple. As students work through the simulation, they will learn to write checks, reconcile bank statements, plan budgets, make rent and mortgage payments, use credit and debit cards, invest for retirement, and more!\nFAMILY FINANCIAL MANAGEMENT 8e simulation contains all of the following tools to create a realistic experience for students:\n\nInstructions and Forms Book contains vivid descriptions of real-life financial transactions and realistic financial documents including bills, receipts, tax forms, tickets, coupons, and applications\n\nCheckbook with Register has checks that the students use for check writing, bank deposit tickets, and a check register.\n\nFinancial Record Book includes easy-to-use worksheet pages for recording financial transactions.\n\nFile folder with tabbed dividers helps keep financial documents and forms organized.\nAn optional Data CD with template files makes it easy to incorporate the use of commercial spreadsheet software in the financial-management process. It also contains files for 12 Special Topics readings, which are all correlated to JumpStart standards.

Meet the Authors

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South-Western Educational Publishing

South-Western Educational Publishing, a partner within the leading Cengage Learning, offers the most extensive selection of Business Education materials on the market today for secondary and higher education as well as corporate and retail business environments. For more than 100 years, South-Western has assembled expert authorship to deliver best-in-class business learning content to equip individuals with the tools and resources necessary to excel and maintain professional success.

What's New

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Laws, dollar amounts, tax forms, and Internet resources have all been updated to correlate to todays economy.
Checkpoint questions appear throughout the simulation to help students check their understanding.
FYI features deliver interesting bits of information throughout the simulation.
Additional Math Check features allow students to check their calculations.
Data CD: Spreadsheet files that students can use while working the simulation have improved funtionality making them easier to read and use.
Data CD: A new file has been added: Tips for Using Family Financial Management Excel Files which provides a table showing when the files are used in the simulation, offers general tips for using all the Excel files, and includes specific tips for using each file.
Data CD: The CD now includes 12 Special Topics readings that relate to the 7 Jumpstart standards that fall under Planning and Money Management:A Time and Place for Everything; Know Your Limit; Your Personal Financial Plan; How a Budget Puts You in Control; Where Does All the Money Go?; Saving for Something Special; Good Debt vs. Bad Debt; Research Before You Buy; Share the Wealth: Time, Talent, and Treasure; How Your Money Can earn More Money; Introduction to Investing;and Why You Need a Will.

Features

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Simulation presents students with a variety of realistic scenarios of several different phases of life for which they will have to apply financial strategies: a young, single woman; a single father; a young married couple.
Data template CD files (optional) allow users to apply what they've learned using commercial spreadsheet software to work with statements of net worth, cash proofs, budgets, receipts and payments, bank reconciliations, and credit card statements.
Hands-on simulation allows users to write checks, balance bank statements, budget, buy insurance, and invest for retirement.
Durable plastic envelope contains the following materials: Instructions and Forms book, Checkbook with Register, Financial Record Book, and files for staying organized.

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GETTING ORGANIZED.
Performance Outcomes. Talking About Money. Looking Ahead. Jumpstart Activities and Readings.
ON YOUR OWN.
Performance Outcomes. Meet Tyra M. Burns. Figuring Out Tyra's Net Worth. Planning Tyra's Budget. Recoding Transactions. October Transactions. Jumpstart Activities and Readings.
RAISING A FAMILY.
Performance Outcomes. Meet Adam G. Warner. Figuring Out Adam's Net Worth. Writing Out Adam's Budget. March Transactions. Jumpstart Activities and Readings.
INVESTING IN YOUR FUTURE.
Performance Outcomes. Meet Celina and Jared Hoffman. Figuring Out the Hoffmans' Net Worth. Writing Out the Hoffmans' Budget. April transactions. Jumpstart Activities and Readings.
Forms.
Glossary.