tailieunhanh - Lecture Personal finance - Chapter 5: Making automobile and housing decisions

This chapter design a plan to research and select a new or used automobile; decide whether to buy or lease a car; identify housing alternatives, assess the rental option, and perform a rent-or-buy analysis; evaluate the benefits and costs or homeownership and estimate how much you can afford to pay for a home; describe the home-buying process; choose mortgage financing that meets your needs. | PFIN 4 Making Automobile and Housing Decisions 5 Copyright ©2016 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. GITMAN/ JOEHNK/ BILLINGSLEY Copyright ©2016 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 1 Design a plan to research and select a new or used automobile 2 Decide whether to buy or lease a car 3 Identify housing alternatives, assess the rental option, and perform a rent-or-buy analysis 4 Evaluate the benefits and costs or homeownership and estimate how much you can afford to pay for a home 5 Describe the home-buying process 6 Choose mortgage financing that meets your needs LEARNING OUTCOMES PFIN4 | CH5 Guidelines for Purchasing Decisions Copyright ©2016 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly . | PFIN 4 Making Automobile and Housing Decisions 5 Copyright ©2016 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. GITMAN/ JOEHNK/ BILLINGSLEY Copyright ©2016 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 1 Design a plan to research and select a new or used automobile 2 Decide whether to buy or lease a car 3 Identify housing alternatives, assess the rental option, and perform a rent-or-buy analysis 4 Evaluate the benefits and costs or homeownership and estimate how much you can afford to pay for a home 5 Describe the home-buying process 6 Choose mortgage financing that meets your needs LEARNING OUTCOMES PFIN4 | CH5 Guidelines for Purchasing Decisions Copyright ©2016 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Research purchase thoroughly considering the market and the personal needs Base the selection on the needs Negotiate the best price and arrange financing on favorable terms Understand all the terms of the sale before signing the contract Maintain the purchase and make necessary changes promptly PFIN4 | CH5 Factors That Affect Affordability Copyright ©2016 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Amount of down payment Size of the monthly loan payment Operating costs Type of vehicle Gas, diesel, or hybrid New or used Size, body style, and features Other considerations Trading in/selling, fuel economy, safety measures PFIN4 | CH5 Purchase Transactions Copyright ©2016 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Negotiating price Sticker

• Tài chính doanh nghiệp
• Personal finance
• Lecture Personal finance
• Financial planning process
• Financial plans
• Purchasing decisions
• Rental option
• Focus on personal finance
• Financial skills
• Personal financial planning
• Financial planning
• Financial decisions
• Money management skills
• Money management
• Personal financial statements
• Personal financial process
• Financial goals
• Financial statements
• Personal balance sheet
• Personal financial
• Lecture Personal financial planning
• Characteristics of finance
• Finance tools
• Consumer credit
• Finance charge
• Protecting your credit
• Household finance
• Household structure
• Financial plan
• Calculate taxable income
• Calculate taxes owed
• Financial services
• Payment account
• Payment services
• Closed end credit
• Smart cards
• Consumer purchasing strategies
• Practical purchasing strategies
• Implied warranty
• Financing housing
• Rental activities
• Home buying process
• Automobile insurance
• Insurance company
• Insurance program
• Disability income insurance
• Health insurance sources
• Life insurance
• Stock life insurance companies
• Investing basics
• Evaluating bonds
• Investment program
• Investing in stocks
• Preferred stock
• Evaluate stock investments
• Common stocks
• Investing in mutual funds
• Mutual fund
• Open end funds
• Estate planning
• Starting early
• Tax sheltering
• Income taxes
• Taxable income
• Managing cash