Key Concepts

TO MAKE SMART MONEY decisions, you need to grasp some timeless but crucial financial ideas. In this chapter, you’ll find 135 key concepts divvied up among 11 categories. Arguably, all are critical to understanding the financial world.

• Saving for Retirement
• Retirement Income
• Houses
• College
• Safety Net
• Saving and Spending
• Portfolio Building
• Risk and Return
• Taxes
• Borrowing
• Estate Planning

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