Economics for Life
Real-World Financial Literacy
Donald T. Wargo
Temple University Press, 2023
America has evolved into an ownership society. Home-buying decisions, resource allocation, debt exposure, and financial planning for the future are now left to individuals who may be poorly equipped to handle them. Economics, with its insistence on quantifying ideas and putting specific quantitative values on all manner of phenomena, can help. Economics for Life: Real-World Financial Literacy is designed to help soon-to-be college graduates emerge into the start of their "real lives" with better comprehension of how to analyze the financial decisions that they will soon have to make. Written in an easy-to-read, conversational style, it will help readers make decisions on saving and investing for retirement, buying a car, buying a home, as well as how to safely navigate the use of debt and credit cards.
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