1. 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