Not-So-Common Cents -- Blog Tour & Giveaway

Disclosure: I was sent a copy of this book in exchange for an honest review and being part of the blog tour & giveaway. All opinions are my own.

Today I get to share with you a new National Geographic Kids book all about money and our financial system. I am participating in the Not-So-Common Cents Blog Tour & Giveaway which includes an excerpt from the book. See below the blog tour banner! It also includes a giveaway--good luck! The book is Not-So-Common Cents by Sarah Wassner Flynn. It is recommended for ages 8 to 12.

Now this year at school I am teaching Consumer Math to a group of juniors and seniors. All things money interest me these days. Not-So-Common Cents is all about money. It talks about the history of money as well as rare coins and more. It goes into the history of banking and credit cards as well and talks about what they are and how they work. It includes information about working, savings, and budgeting. In fact, this book is a great beginning for younger kids before they get into consumer math. I will be bringing this book into school to share with my students. It is perfect for some fun with money and talking finance. It even includes fun facts as well as information about bitcoins and cryptocurrency. Now for the special part of the blog tour. Read on!



To celebrate the release of 
Not-So-Common Cents by Sarah Wassner Flynn, featuring a special forward by financial educator Alvin Hall, blogs across the web are hosting exclusive excerpts from this ultimate book of all things money, as well as 5 chances to win a copy!

 

The Global Effort:  A LOOK AT THE IMF AND THE WORLD BANK

With so many different countries—and currencies—around the world, it’s a tough task to keep it all in check. But there are two major groups that attempt to do just that. The International Monetary Fund (better known as the IMF) and the World Bank are separate branches of the United Nations, an organization of countries focused on keeping peace around the planet. Together, the IMF and the World Bank help countries develop their economies. But there are definite differences between the two.

 

THE IMF

ESTABLISHED:1944

LOCATION:  Headquarters in Washington, D.C., with offices around the world

ITS MISSION:  The IMF originally began as a way to help countries struggling financially after World War II. Today, the IMF is made up of representatives of some 190 countries, with the purpose of overseeing the stability of the world’s monetary system. Part of this includes keeping exchange rates stable, bailing out countries in money trouble, and smoothing out financial relationships among different nations. 

THE IMF IN ACTION:  With a total of one trillion dollars to lend to member countries, the IMF acts as a life raft to countries struggling with debt. When Pakistan’s economy tanked after a 2005 earthquake, the country received a large loan from the IMF. Later, in 2019, Pakistan accepted another six billion dollars from the IMF, which the country is expected to pay back eventually. And when Greece struggled to keep its economy from collapsing, the IMF stepped in with one of its largest loans ever, at about $145 billion. The IMF also responded to countries that needed emergency financial assistance because of the COVID-19 pandemic, beginning in 2020.

 

THE WORLD BANK

ESTABLISHED:1944

LOCATION:  Headquarters in Washington, D.C., with offices worldwide

ITS MISSION:  The World Bank focuses on offering financial assistance and other services to countries with developing economies. It also invests in projects that can bring a boost to local communities, such as renewable energy and agriculture. This is all in an effort to reduce poverty, or the state of being extremely poor (defined by the World Bank as those who live on less than$1.90 a day) around the world.

THE WORLD BANK IN ACTION:  With the help of the World Bank, Sri Lanka recently rose from a developing country that was recovering from nearly 30 years of civil war to a lower-middle-income nation.  Currently, the World Bank is putting extra effort into initiatives focusing on solar power and sustainable energy.  The Bank’s hope? To curb climate change, especially in developing nations, where rising temperatures can hurt their economies

 

WHERE DOES THE MONEY COME FROM?
Both the IMF and the World Bank distribute a lot of bucks. Billions, to be exact! So what deep pockets are they pulling from? For the IMF, members contribute some $675 billion a year, with Germany, Japan, China, and the United States paying the most. (Each country’s quota is based on a formula that reflects its position in the world economy.) The World Bank, on the other hand, gets most of its funds from selling bonds to investors as well as from member country donations.

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Cha-ching! Learn everything adults wish they knew about money when they were kids―and more―including how to make it, save it, and multiply it!

While money certainly isn’t everything, one fact is true: No matter where you live in the world, money is a basic necessity. From the clothes on your back to the food on your plate, chances are, money is somehow involved in almost all of your day-to-day activities.

In this book you’ll discover exactly what money is, along with:

·How society went from bartering to using bucks
· Basics of saving (including some brilliant hacks), investing, and interest
· What “credit” really means
· Inventive ways to get your ideas flowing and money growing
· What the stock market is, and how money moves around the world today
· Ins and outs of cryptocurrency and other “new” money
· The importance of giving back―one of the best things a fiscally responsible global citizen can do
· Why being smart with money = a big step toward independence

So jump in, and find out the mind-blowing secrets and stats about money!



About the Author


Website | Instagram

 

SARAH WASSNER FLYNN is a longtime writer for National Geographic Kids. She loves writing, running, and triathlons. When she's not writing about races, she's usually training or competing in one. She also writes nonfiction books and articles for kids and teens, like National Geographic Kids National Park Guide U.S.A.This Book Stinks!Weird But True Know-It-All Greek Mythology, and Girls' Life Guide to Being the Most Amazing You.

About the Foreword Writer

 


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ALVIN HALL is an internationally recognized, award-winning financial educator, author, and television and radio host. He’s the author of the best-selling financial advice books You and Your MoneyYour Money or Your LifeWhat Not to SpendGetting Started in Mutual Funds, and his 2008 children’s book Show Me the Money. In 2006, he was awarded the Wincott Award for business journalism for his 2006 documentary Jay-Z: From Brooklyn to the Boardroom about the life of rapper Jay-Z. In addition, he was the longtime host of the award-winning BBC radio finance program Your Money or Your Life.

 

GIVEAWAY

 


  • One (1) winner will receive a copy of Not-So-Common Cents
  • US/Can only
  • Ends 3/11 at 11:59 pm ET
  • Enter via the Rafflecopter below (Good luck!)
  • Visit the other stops on the tour for more chances to win!

A Rafflecopter Giveaway

 

Blog Tour Schedule:

February 27th — Log Cabin Library

February 28th — Eye-Rolling Demigod’s Book Blog

March 1st  – Crafty Moms Share

March 2nd  -- Geo Librarian

March 3rd   — Chat With Vera

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