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Business and Personal Finance, Student Edition by McGraw-Hill

By McGraw-Hill

Glencoe company and private Finance exhibits highschool scholars find out how to deal with their own funds now and sooner or later. this system is helping scholars discover that they're already making monetary judgements, indicates them how their judgements have an effect on their destiny, and permits scholars to determine the company purposes of finance. High-interest positive factors, an enticing visible application, and easy-to-read content material make this system priceless for every type of rookies.

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Extra resources for Business and Personal Finance, Student Edition

Sample text

THINK CRITICALLY 4. Why is it important to distinguish between your needs and your wants? USE COMMUNICATION SKILLS 5. Left to Chance? You are talking to a friend who says that she never sets any financial goals and that her financial success or failure happens by luck. 18 Unit 1 Planning Personal Finances Role-Play With a partner, role-play a response to your friend’s philosophy. Explain how planning, more than luck, determines financial success or failure. SOLVE MONEY PROBLEMS 6. Financial Planning Process Rosa and her best friend, Linda, live in Chicago and want to drive cross-country next year.

When you deposit your paycheck in a savings account, the interest you receive is money the bank or another financial institution pays you for the use of your money. The bank, in turn, uses your money to make loans to people who want to purchase items such as houses, automobiles, and new businesses. Borrowers who receive the loans must pay a fee, or interest to the bank or lending institution. Interest rates represent the cost of money. When consumers increase their savings and investments, the supply of money that is available for others to borrow grows, and interest rates go down.

There are many careers in the science field, such as cancer research, environmental science, pharmaceutical research, and genetic engineering. Choose three careers, one science-related, and find out the educational requirements and average salaries for them. Which of the three jobs pays more? Do you think salary should affect your choice of career? 34 Unit 1 The Right Fit Aptitude tests and interest inventories may not lead you to the ideal career. They can only point you in the right direction.

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