The Secret Life of Money

The Secret Life of Money

A Kid's Guide to Cash

Book - 2012
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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.
Publisher: Toronto : Owlkids Books, 2012
ISBN: 9781926973180
9781926973197
Branch Call Number: j332.4 VER NVD
Additional Contributors: Hanmer, Clayton 1978-

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SPL_Childrens Oct 19, 2013

We can all imagine librarians with secret lives (can’t we?), but what kind of a secret life could money possibly have?

Kira Vermond addresses some mysterious and little-known/understood aspects to money – in other words, its “secret” life. How do banks and credit companies use consumers’ money to make more money (ie profit)? How do retailers use research findings to increase customer spending in their stores (one way: using relaxing music to slow buyers down and thus spend more time shopping), and how does taxation work?

In other words, cash can be complicated, even for adults.

It isn’t easy for most people to explain some of the jargon and financial concepts that surround money, either (eg.“disposable income” or “bull market”). The Secret Life of Money provides comprehensive, easy-to-understand explanations. Diagrams, humour and occasionally a comic format, are included.

The Secret Life of Money also explores the logistics of spending and saving, the impact of money and consumerism on people’s lives, and ways in which we can gain more control over our money.

Intended for tweens and teens, adults will likely learn something from this book too.

Kira Vermond, from Guelph, writes columns about money and other topics for The Globe and Mail, Parents Canada, Today’s Parent, Chatelaine and other magazines.

ForestofReadingTeam Feb 28, 2013

Cool Author Fact: KIRA VERMOND'S favourite writing tools are purple pens!

Footzah Feb 22, 2013

Dang, was this a great book. I swear I can now save up my money for something that I desire and not go buying candy and dull boring toys. Thanks. 4/5 stars. You've got my vote!-Footzah

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SPL_Childrens Oct 19, 2013

SPL_Childrens thinks this title is suitable for 10 years and over

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acruise
Sep 26, 2012

acruise thinks this title is suitable for 5 years and over

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