Have you ever wondered why so many people use credit cards? This book introduces readers to safe credit-using strategies. Real world examples help readers learn the importance of math skills for money management. Callouts prompt inquiry, further thinking, and close examination of photographs. Additional text features and search tools, including a glossary and an index, help students locate information and learn new words.
Readers learn about what credit is and how to use credit in the right way. After all, many folks cannot afford to pay cash for everything, especially expensive items such as cars or appliances, and they will need to rely on credit or a credit card to help them out. The author points out that being able to buy something because you have room on the credit card for the purchase isn't necessarily a good reason to buy it since you have to pay for it eventually--plus added interest. The book contains several real world problems for readers to work out and also reminds readers that spending habits will be recorded as part of a credit score at some point if someone uses a credit card or installment plan. It's scary to think what the long-range consequences of having poor credit are.