Often young people assume that, because they are healthy, they can do without health insurance. Then, an unexpected accident or illness happens and they are left with a mountain of medical bills they cannot pay. This volume explains exactly what health insurance does for people, and the types of health care plans, including private, group, and government plans, and their similarities and differences. It discusses the various insurance needs at different...

A home is often the most expensive purchase a person makes in his or her lifetime. Whether it's a single-family house or a unit in a condominium or co-op building, the total price is usually far more than what most people can pay at once. Many people cover the cost by borrowing money from a bank or lender through a mortgage loan. This detailed and informative resource clearly describes the process of taking out a mortgage, the various components of...

This authoritative and comprehensive resource provides readers with an extensive and compelling look at the world of stocks. Through an accessible narrative, readers learn how they can begin stock investing as teens and young adults. From why companies engage in equity financing to how speculators gain from "buy low, sell high," readers further explore this multifaceted investment tool. The narrative also explains dividends, bull and bear markets,...