Net worth is what you own minus what you owe. It is a snapshot that changes.
Net worth is what you own minus what you owe. It is a snapshot of one day, and it changes.
Mina lists what she owns: a bike worth 20 coins, 15 coins in her jar and books worth 5. Then she lists what she owes: 5 coins to Dad for a kite.
Owing a little is ordinary. What she owns minus what she owes is her net worth: 40 − 5 = 35 coins.
Saving makes net worth grow, and not everything holds its worth: an old bike's worth slowly falls. Net worth is not about being rich.
These are some of the questions on the sets. The printable sheets have more and an answer key.
35 coins. 40 − 5 = 35.
You owe them. They go back to Dad.
35 coins. 50 − 15 = 35.
Up. Saving makes it grow: 35 + 4 = 39.
With a grown-up, list what you own and what you owe, in pretend coins. Subtract to find a net worth.
Make two lists together, what you own and what you owe, in pretend coins, then subtract. Use pretend numbers: there is no need to share your family's own.
