Borrowing Money

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. Why do people borrow money? How is the money paid back? Why is it usually better to save for what you want? This book answers these questions and more. A quiz lets readers test their financial knowledge. Activities for further learning Glossary of key words Informative sidebars Reviewed Sources for further research Suggested websites Table of contents fast fact highlighted word photo caption Moneywise introduces young readers to the concept of money and how it affects our everyday lives. With engaging illustrations and simple text, the books look at the basics of how money works and how we use it. Readers will learn how to distinguish between needs and wants, manage their money, and make sound financial decisions.