Contents Chapter 1 CASH AND CREDIT Page 4 Chapter 2 COSTS OF CREDIT page 18 Chapter 3 USING CREDIT WISELY page 24 Chapter 4 MANAGING DEBT page 30 Top Ten Things to Know 37 Glossary 38 Learn More about Money 39 Index 40
Chapter 1 CASH AND CREDIT People use money to buy things they need or want Sometimes they pay with cash Other times they pay with a credit card These two methods of payment may seem similar Most stores accept both However they are very different Kids usually spend and save cash What is another way to pay that adults sometimes use
Cash is money you have earned Adults earn money from their jobs You might earn money by doing chores at home Maybe you get paid for babysitting The money you earn belongs to you Using coins or paper bills is the simplest way to spend your money Credit cards are commonly used for online shopping
