In 1975, the first edition of this book pointed out that personal financial planning is an extension of consumerism. Planning with objectives in mind helps consumers analyze the different financial products individually and in coordination with each other. The process has gotten so complex that few families can do it without help anymore. This edition has been updated and expanded to include more description of insurance, mutual funds, investment strategies, and retirement and estate issues. The authors` main bias is in favor of the planning process per se, not any one particular approach.
