Personal Finance: May 7 Warm-up What does “living comfortably financially” mean to you? Economics Learning Target In order to successfully manage my personal.

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Personal Finance: May 7 Warm-up What does “living comfortably financially” mean to you? Economics Learning Target In order to successfully manage my personal finances, I will analyze strategies to build my wealth over time. I will know I have it when I can explain: (1) the difference between assets and liabilities; (2) the difference between wealth-creating assets and other assets; and (3) how wealth is measured by using a balance sheet. Net Worth (HO) --Net Worth formula --Wealth-Creating Assets --categorizing assets vs. liabilities --Sandra’s Balance Sheet Exercise Closure What can you do to increase YOUR net worth? We will be in the C11 Computer Lab on Thursday— please bring your head phones/ ear buds to plug in to the machine