Spending Money

by Rae Simons

Overview

When you work for a paycheck or do chores around the house to get an allowance from your parents, you're exchanging the value of your time for money. Thinking of money as the time you spent working to earn it can help you understand the value of your time, your money, and the things you buy with it.

All it takes to make a smart spending decision is to stop and think about the item you're buying.

Advertising, buying things impulsively, shopping for entertainment, shopping at the last-minute, and shopping at the mall can all lead you to make unwise spending decisions.

Whether you're using cash, credit, or checks to pay for the items you buy, each form of money has its own benefits and drawbacks.

Spending your money wisely when you're young will help put you on a path to financial security in the future.

Learn all this and more in Spending Money.

Product Details

ISBN-13:	9781422217702
Publisher:	Mason Crest Publishers
Publication date:	09/28/2010
Series:	Junior Library of Money Series
Pages:	64
Product dimensions:	7.40(w) x 9.30(h) x 0.40(d)
Lexile:	1170L (what's this?)
Age Range:	12 - 15 Years

Table of Contents

Introduction 6

Spending Money: What's Really Going On? 8

What's Money? 10

Be a Wise Spender 12

The Enemies of Wise Spending 14

Advertising 16

Impulse Buying 18

Shopping for Entertainment 20

Last-Minute Shopping 22

Mall Shopping 24

Smart Spending Tips: Shop the Sales 26

Smart Spending Tips: Cheaper Entertainment 28

Smart Spending Tips: Use the Internet 30

Keeping a Money Diary 32

Making a Budget 34

Cash, Check, or Credit? 36

Checks 38

Debit Cards 40

Keeping Track of Your Checking Account 42

Credit 44

More About Credit and Spending 46

The Good Things About Credit 48

The Bad Things About Credit 50

Keep an Eye on Inflation 52

s Why Be a Wise Spender? 54

Here's What You Need to Remember 57

Words You Need to Know 58

Further Reading 60

Find Out More on the Internet 61

Index 62

Photo Credits 63

About the Author and Consultant 64