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Loaning Your Money

Loaning Your Money
Reading Level
     edHelper's suggested reading level:   high interest, readability grades 4 to 6
     Flesch-Kincaid grade level:   2.89

Vocabulary
     challenging words:    paycheck, reconsider, neither, relationship, saying, writing, rate, payment, friendship, monthly, receive, honest, natural, several, amount, trouble
     content words:    Or Joe

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Loaning Your Money
By Patti Hutchison 		  
1     "Neither a borrower nor a lender be." Have you heard that age-old saying before? It's usually good advice. But what does it mean? It means never borrow from someone nor loan money to someone.
 
2     Let's look at this example: Bob wants an iPod. He has only saved $20 toward it. At this rate, he'll never get it. He decides to ask his friend Joe to loan him the other $180 the iPod will cost.
 
3     "Joe, can you lend me $180? I really want an iPod. I run every morning. I've been trying to use my old CD player, but it's dying. Can you help me out?" Bob asks.
 
4     "Why don't you save up the money?" Joe asks Bob.

Paragraphs 5 to 13:
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