Not for a Billion Gazillion Dollars
Matthew Martin wants a new computer program, but he has no savings to purchase it and has used all the available “credit” he had. He had borrowed money form his friend Jill and three-quarters of the sixth grade class and had never paid them back. He had also borrowed so much on his future allowances that he would not receive an allowance until September. Matthew’s parents are upset with him because they feel he has no appreciation for the value of money. Matthew’s parents are concerned because when they were young, they had borrowed against their future earnings by charging things on their credit cards, which caused them to go into debt and they do not want Matthew to do the same thing. Matthews parents decide to try to help him by ensuring that he pays off his debts. This helped Matthew become more careful when it came to spending his own money and making choices.
Economic Concepts
- Natural Resources
- Productive Resources
- Capital Resources
- Goods and Services
- Spending
- Choices
Grade Levels
- Intermediate (4-6)
Related Subjects
- Personal Finance
- Math
Teacher Tips for Using this Book
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