Show Me the Money: How to Make Cents of Economics (Big Questions)

Excellent product wonderful transaction**

I bought this book because as a substitute school teacher I saw it in the 6th grade classroom being studied in Hilton, NY. I thought it would be a good guide to how money works for my two grandchildren.Janice Goodell

Read a little. Real a lot! Kids will learn something every time they open this book.

Great!

This book is written for both children and adults. It is cleary written in a way that makes economics both easy to understand and interesting.

I don't think you could find a better book for finance. Even adults can learn a lot from it!

We were looking for a book that would explain economics to my math-inclined 8-year old. In general, the kid books about money are not conceptually sophisticated enough to be interesting--and the adult books are too dry. This book hit the mark.From my son:My favorite parts of the book are "Deal/No Deal," "A Man With a Plan," and "From Dream to Reality." "Deal/No Deal" is about how they went from bartering to money. "A Man With a Plan" is about how this random person sells jam at a good price and makes money. "From Dream to Reality" is about when some other person invents umbrella hats and then sells them. It tells the steps of getting a business going--marketing and advertising, distribution, and reporting to the investors. I also like the rule of 72. If you take 72 and divide by the interest rate, your answer will be the number of years it will take to double your money.

According to most textbook definitions, money serves as a medium of exchange, a store of value, and a unit of account. According to Alvin Hall's jargon-free explanation, money is used to buy things, it can be saved and used later on, and it shows what items are worth. From this user-friendly beginning, the author continues to carefully make sense of a host of concepts that are crucial to understanding the economic world around us, the operation of financial markets, and the keys to business success. Examples of interesting lessons abound. Thousands of years before government printing presses and mints across the globe started printing paper money and stamping metal coins, people bartered and used valuable items such as silver ingots and cowrie shells as currency. Today, new methods of payment have replaced cash in many transactions, including credit cards, online banking, loyalty cards, and even radio frequency identification tags. Did you know that the cost of a basket of common consumer goods, including sneakers, toothbrushes, and dish detergent, has gone up about ten times since 1950? Also of note, there are various kinds of companies, including franchises, partnerships, cooperatives, and publicly-owned companies, each of which differ in who gets to keep the profits. This informative book, which is targeted to middle-grade readers and young adults, serves as a useful resource for clearly explaining what could otherwise be a perplexing set of ideas and lessons. Alvin Hall, a well-known financial educator, has contributed a valuable new tool for empowering young people to learn about money and take some big strides toward gaining financial literacy. Show Me the Money gets a top grade for combining its broad survey of economics with an engaging visual presentation.