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Follow Your Money

Who gets it, who spends it, where does it go?

ebook
1 of 1 copy available
1 of 1 copy available

What happens to your money after you hand it to the cashier?

You pay for that cool pair of shoes or a new CD. But what happens to that money once it leaves your hands? Who actually pockets it or puts it into the bank? This lively, kid-friendly book answers these questions and more:

  • Why are designer jeans so much more expensive than no-name ones?
  • Why does a burger cost $4.50 when the ingredients only cost $1.38?
  • How do credit cards work?

    Discover the trail your money takes as it goes to pay for everything including the raw materials used to make a product, the workers who produce it, and the advertisers who promote it.

    Humorous illustrations demystify the process by providing a visual breakdown of all the elements involved in monetary transactions. Accessible and fun, Follow Your Money is a vital introduction to the way money flows.

    Click on the images below to access podcasts created by the authors:

    Profit: Movies:

    Sales: Value: 

    Fuel: Surprises: 

    Credit: 

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    • Reviews

      • School Library Journal

        December 1, 2013

        Gr 5-8-This book explores the difference between "price" and "cost," terms many readers may use interchangeably. The authors start with the price to the consumer, and then list the various costs to the manufacturer or supplier, leaving the profit or "what's left" at the end. Costs involve materials, manufacturing, labor, production, advertising, marketing, and retailers' costs such as store operations and staff. Examples of about 50 products and services, relevant to young readers, range from school supplies to digital downloads. Casual narrative is surrounded by large, bright, cartoonlike illustrations. Informative text and sidebars discuss topics such as reasons why stores put things on sale and explain economic concepts including bottom line, gross vs. net profit, fair trade, and loss leader. This title presents a unique approach to economics and money, hopefully enabling readers to be smarter consumers.-June Shimonishi, Torrance Public Library, CA

        Copyright 2013 School Library Journal, LLC Used with permission.

      • Kirkus

        Starred review from June 1, 2013
        Ka-ching! The sound says it all, but it is only the end of a long journey, as Sylvester and Hlinka explain. You buy a baseball hat. Easy enough: You mowed the neighbor's lawn, they gave you $5, and you gave that $5 to the store for the hat. But there is a lot more going on behind the scenes--the harvesting of the cotton for the hat, its construction (domestic, foreign), the cost of getting it to market, advertising, storage, etc. It's a web of economic connections that Sylvester and Hlinka spell out with clarity in this primer on how your money gets divvied when you slap down that fiver. For any kid paying attention, this book will be a shocker. Sylvester and Hlinka build from fundamentals: What is value and worth, what is a salary (from the Latin for salt, when wages were paid in salt), what are costs, what is that thing called tax, and what does it buy? Sylvester and Hlinka are not out to overthrow capitalism, but simply by explaining how a credit card works or why energy companies make a dollar on seemingly every transaction, they spur readers to wonder about transparency and the ownership of natural resources. Knowing why something costs so much might make you appreciate it, and the people who get it to you, more--and, perhaps, to act on that knowledge. (Nonfiction. 10-14)

        COPYRIGHT(2013) Kirkus Reviews, ALL RIGHTS RESERVED.

    Formats

    • OverDrive Read
    • PDF ebook

    Languages

    • English

    Levels

    • Lexile® Measure:900
    • Text Difficulty:4-5

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