Overview

We borrow money if we want to buy something that we can't afford. Sometimes people borrow from friends or family. But for big expenses, like a house or a car, people might get a loan from the bank. This book looks at different ways of borrowing money; how the money gets paid back; and why it's usually better to save for what you want. The book ends with a short quiz, so readers can test their financial knowledge.

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9781781219355

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"""Solid financial literacy is an important part of living a full life. In the Moneywise series, this theme is tackled with bright illustrations and text that is easy to understand. In Keeping Money Safe, readers will learn about securing money at home, PINs, dealing with banks, and protecting themselves from scams. Managing Money focuses on important lessons related to investing, spending, and budgeting wisely. What is Money teaches about money's role in society, how cash and credit cards are used, and financial security. It also focuses on the importance of money in daily life, as well as what can happen to a person who lacks financial literacy. In Borrowing Money, readers learn about the different means of and responsibilities that come with being lent money. Each title ends with a quiz that that tests the readers' skills, a glossary of terms, and a comprehensive index useful in report writing. An important series, this will be as comfortable in a home library for parents teaching money smarts as in a math classroom as a supplement to lessons."" --Booklist"

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