Which is Your Asset?

ObjectiveTo teach children about assets and identifying their own.
Description Asset Vs. Liability

Go around the room with the child and have them identify which are their assets and which are their parents: which things do they own, and which do  their parents own. If they identify an object their parent owns, discuss with them why they think it is their's. A possible case might be that it is the child's, however the parent payed for it, thus actually being owned by the parent. Discuss this with the child and answer any questions they might have.

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


Reference Reference Note  
Plan Your Escape

This is and article on assets and liabilities.

Personal Finance 101: Assets vs Liabilities


Here is a wikipedia entry about assets.


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