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 
Last ModifiedCindyCindy


Reference Reference Note  
Plan Your Escape

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

Finance 101: Assets and Liabilities


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


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