The Secret Life of Money: A Kid's Guide to Cash

The Secret Life of Money: A Kid's Guide to Cash

Kira Vermond

Language: English

Pages: 160

ISBN: 1926973186

Format: PDF / Kindle (mobi) / ePub


If discussing money is a difficult task for adults, it’s doubly so where kids are involved. Not only is the subject loaded with cryptic jargon (mortgages? Bull markets? Huh?), but it often fails to click with how a kid sees his or her world. Many preteens and young teens do not yet have a job, and even if they do, their responsibilities with their earnings are miles away from grown-up money issues. In other words, not only is money a little overwhelming and mysterious, it’s also seen as something they can't do anything about.

The Secret Life of Money is written to address this last point in particular. It’s central message is that money affects us deeply and that even kids can have an effect on it, too. This book uses odd anecdotes, engaging comics, and a wealth of surprising everyday connections to help young readers see and understand cash from an entirely different angle. From the history of different currencies to why we buy what we buy, from how charities and credit cards work to saving and investing, and a whole lot more, readers will gain not only an appreciation for the myriad ways that money changes, influences, and (even) betters their lives, they will arrive to an understanding of the control they have over it.

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Cor silver soap contains. The people who make it say it kills bacteria and makes skin look younger. (Psst! So does regular washing and using sunscreen daily.) Chaaaarge it! Ah, the credit card. It’s tempting to slap a little plastic card down to pay for groceries, haircuts, and nail polish. They can be really convenient. But that’s the problem. Credit cards can make shopping a little too easy. Studies have actually shown that we buy more stuff if we use a credit card instead of cash. The

Bzzz. Slap. Darned skitters! For many of us, mosquitoes are a summer nuisance. But for others, they can be deadly. Malaria, a disease some mosquitoes carry, actually kills nearly a million grown-ups and kids each year. The United Nations launched a campaign called Nothing But Nets in 2006 to get people donating money for nets that hang around people’s beds to keep them safe from the blood-hungry, disease-carrying buzzers. Hello, net. Good-bye, mosquito. They’re cleaning up the environment…

themselves is just batty. They’re helping kids every day… All work and no play? No way! Right to Play, an organization that started in Toronto, gets over 700,000 children around the world jumping, hopping, and playing sports. For kids who have been stuck in war-torn areas or turned into child workers, it’s the first time they’ve ever had a chance to just be kids. Mirror, mirror on the wall. Who are the most generous of them all? When it comes to giving money away, people in the U.K. seem to

out of a pinch. This book is also for Nadia, Dayle, and Dave, who gave me time in the summer to write it. Stand up and take a bow because I’m so gigantically grateful. And of course, Nathan, who read it and laughed at all the right places. I didn’t even have to pay you (much). Kira Vermond CONTENTS Title Page Copyright Page THE BEGINNING What we here in the biz call an introduction. Chapter One HELLO, CASH-O-RAMA What’s this book all about? Oh, yeah. Money. That stuff. Chapter Two IT’S PAYBACK

people less productive because that big, fat salary is so distracting. (Hey, how easy would it be for you to concentrate on your homework when you’d rather be thinking up cool ways to spend your $50,000 weekly allowance?) WHO’S WORTH MORE? HOSPITAL WORKERS OR ACCOUNTANTS? That’s what a British think tank organization called the New Economics Foundation decided to find out. It’s an interesting question, except that, as you’ve just been reading, deciding a job’s worth can get pretty difficult.

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