This book offers updated information about economic fundamentals that impact personal finances and ways to manage money. It explains how to develop a personal budget, save for future goals, and make purchasing decisions. It also discusses establishing and using credit, the basics of borrowing, the purposes of credit reports and credit scores, and some of the most frequently encountered types of loans, including installment, vehicle, and education loans. A special section on credit cards explains the different types of credit cards, how fees are calculated, the perils of making minimum payments, and tactics sometimes used by credit card companies that can be costly for consumers. Another section provides information about resolving debt-related problems, and the book concludes with a list of online tools and a directory of resources for additional information.