Personal Finance

Barbara Friedberg, MS, MBA, is CEO and editor of BarbaraFriedbergPersonalFinance.com, an investment education website. She was formerly a finance instructor at Santa Clara University and Lebanon Valley College and the former CFO and CIO at Cadco Realty, Inc., Cincinnati, OH.

• Guide to Related TopicsPrefaceIntroductionIdeas and ConceptsAccountantAffordable Care ActAlimonyAnnuityAsset AllocationBankingBankruptcyBehavioral FinanceBondsBudgetCapital Gains and Capital LossesCapitalismCashCertificate of DepositChecking AccountCommoditiesCompound Interest/ReturnCondominiumConsumer Credit/DebtCredit CardCredit (or Bond) Rating AgencyCredit Report and Reporting AgenciesCredit ScoreCredit UnionCurrencyDebtDebt CollectionDebt/Credit CounselingDeficitDeflationDelinquencyDerivativesDigital CurrencyDisability InsuranceDiscount RateDividend IncomeEstate PlanningFederal Reserve BankFinancial AdvisorFlexible Saving AccountGross Domestic Product (GDP) and Gross National Product (GNP)Health InsuranceHedge FundsHomeowner's and Renter's InsuranceHuman CapitalIdentity TheftIndex Mutual FundsInflationInflation-Protected InvestmentsInterest Income and PaymentsInterest RatesInvestingLiabilitiesLife InsuranceLiquidityLoansMarginMedicaidMedicareMoney Market AccountMortgageMutual Funds and Exchange-Traded Funds (ETFs)Net WorthOnline Personal FinanceOpportunity CostPension PlansPortfolio ManagementPower of AttorneyProbateReal EstateReal Estate Investment Trust (REIT)Rent to OwnRetirementRetirement AccountsRiskRisk PremiumSavings AccountSocial Lending or Peer-to-Peer LendingSocial SecurityStock MarketStocksSystematic Market RiskTax DeferralTax Return, FederalTime Value of MoneyTreasury SecuritiesUmbrella InsuranceUnemploymentU.S. Federal Tax System OverviewWills and TrustsEventsYear 1930s: The Great DepressionYear 1944: Creation of the International Monetary Fund and the World Bank at the Bretton Woods International ConferenceYear 1970s to 1980s: Economic Problems and the United StatesYear 1987: Stock Market CrashYear 1989–1991: U.S. Savings and Loan CrisisYear 1994: North American Free Trade Agreement between Mexico, Canada, and the United States (NAFTA)Year 1997–1998: Asian Financial CrisisYear 1999: Introduction of the Euro to World Financial MarketsYear 2000: Bursting of the Dot-Com Technology BubbleYear 2001: Enron, the Failure of Corporate Finance and GovernanceYear 2002: Sarbanes-Oxley ActYear 2003–2011: Iraq War's Impact on the U.S. EconomyYear 2005: Growth of China and India as World Economic PowersYear 2007–2008: Subprime Housing Crisis and Mortgage MeltdownYear 2007–2009: Global Recession and Breakdown of Major Wall Street InstitutionsYear 2010: Dodd-Frank Wall Street Reform and Consumer Protection ActYear 2011–2012: European Debt CrisisPeopleBernanke, Ben S., 14th Chair of the U.S. Federal Reserve BoardBloomberg, Michael R., American Politician and BusinesspersonBogle, John, Founder of The Vanguard GroupBuffett, Warren, Owner of Berkshire Hathaway Inc.Bush, George W., 43rd President of the United StatesClinton, William, 42nd President of the United StatesGeithner, Timothy F., 75th Secretary of the U.S. TreasuryGreenspan, Alan, 13th Chair of the U.S. Federal Reserve BoardLagarde, Christine, Managing Director, International Monetary FundMarkowitz, Harry M., Father of Modern Investment Portfolio TheoryObama, Barack, President of the United StatesPaulson Jr., Henry M., 74th U.S. Secretary of the TreasuryRubin, Robert E., 70th U.S. Secretary of the TreasurySchapiro, Mary, 29th Chair of the U.S. Securities and Exchange CommissionShiller, Robert J., 2013 Nobel Laureate in EconomicsSiebert, Muriel, First Woman to Own a Seat on the New York Stock ExchangeVolcker, Paul A., 12th Chair of the U.S. Federal Reserve BoardWarren, Elizabeth, Former Special Advisor for the Consumer Financial Protection BureauYellen, Janet, 15th Chair of the U.S. Federal Reserve BoardGlossaryBibliographyAbout the Editor and ContributorsIndex

Summing Up: Highly recommended. Undergraduates and community college students; high school students; general readers.