Introduction to Personal Finance 2nd Edition Solution Manual 2026–2027 – Chapters 1–10 | Grable & Palmer

Solution Manual for Introduction to Personal Finance Beginning
Your Financial Journey, 2nd Edition John E. Grable, Lance Palmer
2026-2027

All chapters covered

, SOLUTION MANUAL FOR x x




Introduction to Personal Finance Beginning Your Financial Journey, 2nd Edition x x x x x x x x x




x John E. Grable, Lance Palmer
x x x x




Chapter 1-10 x




Chapter 1—Solutions Manual x x




Beginning Your Financial Journey: The Interior Finance Point of View x x x x x x x x x




Introduction to Personal Finance: Beginning Your Financial Journey x x x x x x x




By John Grable and Lance Palmer
x x x x x




Learning Objectives x




1.1 Describe how your financial knowledge, experience, risk tolerance, and feelings of control influence
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the way you view the financial world.
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1.2 Explain how your human and social capital relate to your financial well-being.
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1.3 Discuss how financial risk tolerance relates to financial goal achievement.
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1.4 Use your unique time perspective to create SMART financial goals.
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1.5 Describe strategies to overcome mental biases and improve financial decision making and well-being.
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KEY TO METADATA FOR QUESTIONS:
X X X X




LO: Learning objective number
x x x




BT: Bloom‘s taxonomy [Knowledge (K), Comprehension (C), Application (Ap), Analysis (An),
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Synthesis (S), Evaluation (E)]
x x x x




Diff: Difficulty level [Easy (E), Medium (M), Hard (H)]
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TOT: Expected time for student to complete
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AACSB: Knowledge (K), Communication (C), Ethics (E), Analytic (A), Technology (T), Diversity (D),
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Reflective Thinking (RT), Not Applicable (NA)
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SAMPLE RUBRIC FOR WRITING QUESTIONS:
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Note: It is generally recommended that the rubric be shared with students, so it should be
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sufficiently general to not give away answers.
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,NOTES FOR INSTRUCTOR:
X X




Each writing question will have criteria which are specific to the question. The instructor may
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want to add or delete grading criteria (rows) depending on the topic and assignment. How
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each grading criterion will be assessed and the associated points for each level of
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performance are found in columns 2–5.
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, In the sample rubric, a total of 16 points are possible for this assignment. Each grading criterion
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(row) is worth up to 4 points (column 2).
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Rubric: (It is suggested that the rubric be shared with the students.)
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Fullpoints 75% of points x x 50% of points x x 25% of points x x


Criteria
x




(4 out of 4)
x x x x


(3 out of 4)x x x (2 out of 4)
x x x (1 out of 4)
x x x




Thoroughnessof
The question The responseis The response is The responseis
x




answer to the
x x x x x x x




is answered lacking a few lackingsignificant incomplete and
x x x




question
x x x x x x x x x




thoroughly details details limited
x


x x x x




Amounts and
Much of the The responsedoes
x




information
x x x x




response is not represent
x




discussedare Some of the x x x x



Answer is
x x



irrelevant, realistic or relevant
x x



response is
x



relevant and
x x x x



realistic/relevant
x x



unrealistic, or understanding of
x x



irrelevanttothe
x



pertinent to
x x x x
x x x



overlysimplistic topic
x x




the question
x x
question
x
x x x




Organization/clarity
Well Adequate Limited
of thought
organized organization organization
x x


x x x
Poor organization x




(25% of score)
x x




A clear x




conclusion or
x x




recommendati
x




Appropriate on is
x x
Conclusion or x




recommendations
x
presented
x
recommendation
x




andconclusionsare
x x x
xthat is x
is mostly clear
x x x
Conclusion or x No conclusion or
x x




reached
x
appropriate
x
and appropriate
x x
recommendation
x recommendationis
x x




given the
x x
giventhecontent is incomplete
x x provided
x




(25% of score)
x x x


x x
content
x




discussed


1.1 Describe how your financial knowledge, experience, risk tolerance, and x x x x x x x x




feelings of control influence the way you view the financial world.
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1.1 Multiple-ChoiceQuestions x




1. b. the combination of financial knowledge and skills.
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Answer: b; Section: 1.1; LO: 1.1; BT: K; Diff: E; TOT: 2 min; AACSB: K
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2. c. I and II only.
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Answer: c; Section: 1.1; LO: 1.1; BT: C; Diff: E; TOT: 2 min; AACSB: RT
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