(the online textbooks is at this url: http://www.web-books.com/eLibrary/NC/B0/B65/TOC.html)the chapters to review 4,5,6,7,8,9Economics plays a role in personal finance. Describe the role that economics plays in your personal financial plan. Also, the use of credit plays a role in a personal financial plan. Describe the advantages and disadvantages of credit and explain how you will use it as part of your financial plan. Specifically address the following required elements: Explain the role the government plays in personal finance (focus on regulations, laws, economic policy, etc.). Explain the role of government assistance in personal finance (describe what type of assistance is available). Explain the impact of the tax system on personal finance (how do various taxes impact you on a personal level, related to your financial plan). Discuss basic economic data, how to access it, and how it can be used to make decision and plan for the future. Discuss the use of credit. Explain the cost of credit. Determine the sources of credit available (where can you get credit, advantages and disadvantages of the types). Identify the types of credit that you will use as you develop your budget and financial plan (what types and why).
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