Spring 2024
Debt
From the Set A Look at Money Matters
Teaching good financial habits is essential at a young age. Debt is a concept that will be familiar to anyone who has had to borrow money to buy something. It's not necessarily a bad thing, but it's essential to have a plan to pay it back. Readers of this valuable volume will learn the basics of debt and how to responsibly deal with it. They'll also find out what happens when people don't pay off debt. Achievable text, interesting images, and beneficial fact boxes help readers of all levels understand the fundamentals of this notable book's most important concepts.
Booklist Review of A Look at Money Matters
This volume in the A Look at Money Matters series (6 titles) uses a high/low format to introduce the economic concepts of loans and interest. The simple yet comprehensive text opens with every kid’s question at some point—“Can I have some money?”—and expands on basic explanations of loans and interest rates to include such relevant information as loan applications, credit history, credit cards, compound interest, and the danger of defaulting on loans. A colorful layout adds to each topic with large-scale photographs and charts as well as sidebars that fill in related facts—for example, the difference between a bank and credit union. A concluding infographic offers a quick look at different types of loans, like mortgage, student, and small business loans, and their typical terms and interest-rate types.
Author: Rosie Banks
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