Financial and Economic Literacy
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Grounded in Research, Explained Intuitively.
This book bridges the gap between basic money guides and dense academic texts, offering clear, data-based insights that anyone can understand. Drawing on over a decade of teaching economics at U.S. universities, Zhumadilov and Choi developed this book from real academic research and classroom discussions.
Part One: Master Your Personal Finances
Take charge of your financial well-being with practical insights and essential knowledge on topics like:
Savvy Saving and Investing: Understand the basics of stock investing, explore key investment benchmarks, consider strategies for managing risk, and plan for a secure retirement.
Smart Spending and Debt Management: Take control of your spending, learn how exactly credit cards work, spot and avoid scams, and create a personal budget to stay on track.
Part Two: Understand the Economic Landscape
Go beyond personal finance and gain a deeper understanding of the broader economic forces shaping our world:
Unpacking Income Dynamics: Explore income distribution in the United States, the real impact of college degrees, and other key factors that influence your earning potential.
Decoding the Housing Market: Examine the upward trends in the housing prices and the factors behind them.
Navigating the Healthcare Maze: Dive into the complexities of the U.S. healthcare system and uncover the drivers behind rising healthcare costs.
The World of Taxes and Public Debt: Learn why we pay taxes, how much we pay, where our tax dollars go, and how all of this connects to the country’s growing public debt.
From the Publisher


Unlock Financial Mastery with Research-Grounded Insights
Gain practical insights to take charge of your financial well-being, while also developing a deeper understanding of the broader economic forces shaping our world.
ASIN : B0F92XN1Z2
Accessibility : Learn more
Publication date : May 23, 2025
Language : English
File size : 4.2 MB
Screen Reader : Supported
Enhanced typesetting : Enabled
X-Ray : Not Enabled
Word Wise : Enabled
Print length : 290 pages
Page Flip : Enabled
Best Sellers Rank: #73,982 in Kindle Store (See Top 100 in Kindle Store) #6 in Macroeconomics (Kindle Store) #12 in Personal Budgeting #19 in Macroeconomics (Books)
Customer Reviews: 4.7 4.7 out of 5 stars (11) var dpAcrHasRegisteredArcLinkClickAction; P.when(‘A’, ‘ready’).execute(function(A) { if (dpAcrHasRegisteredArcLinkClickAction !== true) { dpAcrHasRegisteredArcLinkClickAction = true; A.declarative( ‘acrLink-click-metrics’, ‘click’, { “allowLinkDefault”: true }, function (event) { if (window.ue) { ue.count(“acrLinkClickCount”, (ue.count(“acrLinkClickCount”) || 0) + 1); } } ); } }); P.when(‘A’, ‘cf’).execute(function(A) { A.declarative(‘acrStarsLink-click-metrics’, ‘click’, { “allowLinkDefault” : true }, function(event){ if(window.ue) { ue.count(“acrStarsLinkWithPopoverClickCount”, (ue.count(“acrStarsLinkWithPopoverClickCount”) || 0) + 1); } }); });
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Customers find the book provides a great selection of topics and is easy to follow and understand. They appreciate its readability, with one customer noting it’s a must-read for young adults.
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