Invest in Your Financial Literacy: A Guide for Financial Decision-Making

Invest in Your Financial Literacy: A Guide for Financial Decision-Making provides readers with a straightforward and easy-to-follow handbook for exploring personal finance, making sound financial choices, developing good financial habits, and avoiding financial pitfalls.

The book follows the narrative journey of the readers' financial life-from graduating from college to landing a job to retiring and beyond. It underscores how the financial decisions one makes early in life can have a great impact on long-term financial goals. The text presents a philosophy to support long-term, sustainable saving, spending, and investing to maximize happiness while also maintaining financial security.

Each chapter is based around a financial decision, beginning with the decision to be financially literate and progressing through decisions to earn, save, spend, owe, own shares, and retire. Readers consider a variety of financial decisions, including accepting a job offer, allocating savings, budgeting, using credit cards, investing in stocks, and planning for retirement.

Designed to demystify finance and help readers support their future financial goals, Invest in Your Financial Literacy is an ideal resource for students at all levels across all disciplines.

J. Ian Norris is a professor of marketing and psychology at Berea College. He holds a Ph.D. in social psychology from Texas Tech University, as well as an M.B.A. from Murray State University. Dr. Norris's research interests are in consumer behavior with emphasis on consumer values and well-being, financial decision-making, and sustainable consumption.

Nancy Sowers is a professor of finance at Berea College. She holds a Ph.D. and M.A. in economics from Claremont Graduate University and a Charter from the Chartered Financial Analyst Institute. Dr. Sowers's research interests include financial literacy, corporate governance, and stock market volatility.