Household Finance - An Introduction to Individual Financial Behavior

There are many financial decisions that we all must make during our lives, such as how much to save from incomeon a regular basis in order to fund a comfortable retirement; when insurance and credit are judicious (and whenthey should be avoided); how much risk to assume in our investment portfolios; what investment mistakes shouldwe try to avoid when we invest on our own and when it might be sensible to delegate our investments. Thesedecisions and the toolkit to approach them fall under the rubric of household finance. This book, the first broadbut accessible treatment of household finance, addresses them in a systematic but entertaining fashion.