Summary
A flashy lifestyle and a fat paycheck don't equal wealth. Net worth is the real scoreboard. This lesson explores how assets and liabilities determine true financial health.
Bellringer: Cash After Debts
- Students calculate leftover cash from a quick assets-vs-liabilities scenario.
- Reveal answer and pose follow-up question about negative net worth.
Instruction
- Walk through net worth formula, asset vs liability categories, and appreciating vs depreciating assets.
- Connect debt reduction to raising net worth.
Discussion: Looking Rich vs Being Rich
- Compare Person A and Person B scenarios.
- Reveal net worth figures and debate who is actually richer.
Activity: Know Your Net Worth
- Students calculate Tyler's net worth.
- Discuss critical thinking questions about asset depreciation and debt payoff strategies.
Wrap-Up & Assessment
- Name two asset categories and two liability categories.
- What's the difference between appreciating and depreciating assets?
| Est. Time | Activity | Description |
|---|---|---|
| 6 min | Bellringer: Cash After Debts |
|
| 12 min | Instruction |
|
| 8 min | Discussion: Looking Rich vs Being Rich |
|
| 14 min | Activity: Know Your Net Worth |
|
| 5 min | Wrap-Up & Assessment |
|
Class Presentation
Includes a 19-slide deck with teacher notes. Present from Banzai, download a PDF, or copy it to Google Slides.
Presentations, Ready to Go
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- Teacher NotesSlide-by-slide guidance, printable as one handout
Unit 6: Credit & Debt
Debt Traps & Repayment
Borrowing 'just a little' at 400% APR can wreck a budget faster than any credit card. This lesson exposes predatory debt traps and equips students with two proven debt repayment strategies—snowball and avalanche.
Solving Financial Crises
Financial crises don't announce themselves—they ambush you mid-month with a busted transmission or a surprise medical bill. This lesson equips students with a problem-solving framework and concrete safeguards to weather emergencies without spiraling into debt.
Net Worth
A flashy lifestyle and a fat paycheck don't equal wealth. Net worth is the real scoreboard. This lesson explores how assets and liabilities determine true financial health.
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