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Adaptation of this work has been supported by the Zero Textbook Cost Degree Grant Program of the California Community Colleges Chancellor’s Office.
About This Edition
This updated edition of Personal Finance builds upon the foundational work of original authors Rachel S. Siegel, CFA, and Carol Yacht. First published in 2010 and released as an Open Educational Resource (OER) in 2012, the text has supported countless learners in understanding core financial concepts.
In this 2024 edition, a team of three author-editors and one copy editor worked collaboratively to revise, reorganize, and modernize the content. Our goal was to retain the accessibility and clarity of the original while reflecting current financial realities, tools, and terminology relevant to students in the 2020s.
We thank the original authors for their enduring contributions and are proud to continue the legacy of this valuable resource.
Guy Buker
Guy Buker is an adjunct faculty member in Business and Computer Science at Golden West College in Huntington Beach, California. With a Diplom-Kaufmann from the Universität zu Köln (University of Cologne, West Germany) and experience as the owner and chief-technologist of a healthcare-focused software development firm, he connects academic principles with real-world application. Passionate about clear, practical education, Guy specializes in making complex concepts accessible for students. His work emphasizes problem-solving, critical thinking, and the evolving role of technology in business and healthcare.
Guy focused his editorial work on this text on the following chapters: 1, 2, 4, 7, 8, 10, 12, and 14.
Jerrie Muir
Jerrie Muir is an adjunct faculty member at Coastline College and other colleges in southern California. He has been teaching since 2012. Jerrie teaches accounting, taxation, business, and personal finance classes. He is passionate about teaching students basic tax preparation through the Volunteer Income Tax Assistance Program. Jerrie graduated from the University of Nebraska, National University, and the U.S. War College. He served in the U.S. Army and U.S. Marine Corps. Jerrie is an Enrolled Agent and has a tax practice in Mission Viejo, California.
Jerrie focused his editorial work on the following chapters: 3, 5, 6, 9, and 13.
Erin Thomas
Erin Thomas, M.B.A, has been a full-time faculty member at Coastline College since the fall of 2018. She has been teaching business and management courses in higher education since 2009. Her passion is supporting the economic and social mobility of learners.
Erin's undergraduate degree is in Information and Computer Science, and her graduate degree is in Business Administration, both from UC Irvine. She entered higher education after a 17-year career in information technology and business, spanning the telecommunications, defense, and non-profit industries. At her peak responsibility, she led a team of over 100 people, supporting 10+ managers and overseeing a budget exceeding $20 million. This background leads her to focus on data when assessing situations and solving problems.
Erin led this team as the project manager, focusing her editorial work on the overall text, particularly on Chapter 11.
Maribeth Daniel
Maribeth Daniel is an adjunct faculty member with decades of experience in education and word processing. She worked as an administrative assistant in medical/legal fields until 1999, when she changed her career path to education. After five years substituting in K-8 classrooms, she worked with military students in online education at Coastline. She retired from her Classified position in 2022 and returned to Coastline in 2023 as adjunct faculty. Maribeth is focused on zero textbook cost (ZTC) and competency-based education (CBE) projects at Coastline. She has helped develop several English and Business texts/courses and works with college teams to provide students with affordable, reliable resources for their learning journeys. Maribeth also teaches English and Business courses online and participates in college personal development programs. She joined this team to help with copy editing, quiz creation, and general mischief.
Editorial Feedback
The team welcomes your reporting of errors, omissions, and suggestions on this text. Please contact LibreText Support and provide the chapter and section number in your message.