What is Your Liability?

ObjectiveTo teach children about liabilities.
Description Asset vs Liability

Explain what a liability is to your child and then as you drive/walk around point out what the different liabilities people might have are (car, house, credit card) and as well what the parents, and possibly your, liabilities are.

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Age Range 7    8    9    10    11    12    13    14    15    16    17    18   
Activity Type Lesson
Tags Liabilities  Linguistic Intelligence 
CreatedCindyCindy
Last ModifiedCindyCindy

References

Reference Reference Note  
Plan Your Escape

This is an article with some useful information about assets and liabilities.

Finance 101: Assets and Liabilities

Wikipedia

Here is a Wikipedia entry with some useful information about liabilities.

Liabilities

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