What Banks Do with Money: Loans, Interest Rates, Investments... And Much More! (A True Book (Relaunch))

By: Janet Liu and Melinda Liu

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Synopsis: A series to build strong financial habits early on in life!Understanding how banks work - as well as the basics of loans and investments - are just two critical financial literacy skills that all kids should have. Did you know that banks use customers' deposits to make loans to other customers? Or that the Federal Reserve is the central bank of the United States? Learn all this and more in What Banks Do with Money - a book that introduces kids to banking.ABOUT THE SERIES:How can I make money? What is inflation? What is the difference between a debit card and a credit card? Economics - and more specifically, money - play such a large role in our lives. Yet there are many mysteries and misconceptions surrounding the basic concepts of finance and smart money management. This set of True Books offers students the know-how they'll need to start on the road to financial literacy-a crucial skill for today's world. Interesting information is presented in a fun, friendly way - and in the simplest terms possible - which will enable students to build strong financial habits early on in life.

Book Quality:: Publisher Quality
ISBN-13:: 9781339004983
Related ISBNs:: 9781339004976
Publisher:: Scholastic Inc.
Date of Addition:: 09/05/23
Copyrighted By:: Scholastic Inc.
Adult content:: No
Language:: English
Has Image Descriptions:: No
Categories:: Children's Books, Nonfiction, Business and Finance, Mathematics and Statistics
Grade Levels:: Third grade, Fourth grade, Fifth grade
Reading Age:: 8–10
Submitted By:: Bookshare Staff
Usage Restrictions:: This is a copyrighted book.