New to this edition, the Personal Financial Planner (PFP) sheets which correlate with the sections of the text are now conveniently located at the end of the text! The PFP sheets are written by the authors to help students create and implement a personal financial plan. These perforated sheets ask students to work through the application and record their own personal financial plan answers; thus, applying answers to their own personal situations and providing a roadmap to their personal financial future.

The Chapter Opening Cases have been revised and expanded to two pages containing many new features that serve as the chapter roadmap at a glance. These compelling and realistic cases help show the relevance of the chapter's material and involve students in the content.

Chapter opening cases now have a set of questions entitled, "What Actions Should Be Taken?" and "What About Your Situation?" Probing students to think about the next step the characters in the case should take to solve their dilemma, while applying the case situation to their own life.

New, narrated PowerPoints exclusively for students! Each chapter's slides follow the chapter topics and provide steps and explanations for how to solve those topics using real-life examples. Because each student learns differently, a quick click on each slide causes the slide to "talk through" its contents with the students. Narrated PowerPoints can be especially useful in an online course.

Continuing Case, now at the end of each chapter, allows students to apply course concepts in a life situation. This feature encourages students to evaluate the changes that affect a family and then respond to the resulting shift in needs, resources, and priorities through end of case questions.

Key Web sites are provided to help students research and devise their personal financial plan. Plus, the Learn More Online sections provide a starting point for students to research issues touched upon in the opening case and asks students to document their findings.

New Action Application section at the end of each major section within each chapter contains short exercises that ask students to apply the concepts learned.

Additional Financial Planning Problems in the end of chapter materials. These problems allow students to apply their quantitative analysis of personal financial decisions.

The investment unit, Chapters 13-17, contains new content coverage such as the risk-return tradeoff; evaluating and investor's tolerance to risk; coverage of the new calculations, price/earnings to growth ratio and dividend payout ratio; bond laddering; mutual fund scandals and the types of mutual funds.

All chapters have been reviewed and updated to provide the most up-to-date material available.

• Chapter 1: Addresses the influence of an uncertain economy on your financial choices
• Chapter 2: Presents career planning with an emphasis on using the Internet
• Chapter 4: Coverage of new tax laws and e-filing of federal tax returns
• Chapter 5: Integrated coverage of cyber-banking services
• Chapters 6-7: Updated material on debit/credit card fraud, identity theft, telemarketing frauds and personal FICO credit scores, and the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005.
• Chapter 8: Expanded coverage of online shopping in relation to established purchasing strategies
• Chapter 9: Addresses using the internet during the home buying process
• Chapter 10: Selecting home and property insurance given the increase in natural disasters.
• Chapters 11-12: Updated discussion on health insurance, health care accounts, and life insurance.
• Chapters 13-17: The investment unit - provides new and updated materials on the risk-return tradeoff, measuring an investor's tolerance for risk, and calculating rate of return.
• Chapters 18-19: Updated information on how the new tax laws affect estate planning