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LET’S PRACTICE
Name: _____________________________________________________________________________
Answer the following questions: 1. Eloise and Franklin are about the same age. What other personal data do they have in common? _ ______________________________________________________________________________ _ ______________________________________________________________________________ 2. What does building wealth mean? What things did Eloise do to build wealth ? _ ______________________________________________________________________________ _ ______________________________________________________________________________ _ ______________________________________________________________________________ _ ______________________________________________________________________________ 3. Between Eloise and Franklin, who had more income ? _____________ 4. What steps did Franklin take to build wealth ? _ ______________________________________________________________________________ 5. What are Eloise’s and Gunnar’s assets ? (What things of value that make up their wealth?) _ ______________________________________________________________________________ _ ______________________________________________________________________________ 6. Calculate Eloise and Gunnar’s approximate net worth . _ ______________________________________________________________________________ _ ______________________________________________________________________________ _ ______________________________________________________________________________ 7. What are/were Franklin’s assets ? _ ______________________________________________________________________________ 8. Calculate Franklin’s approximate net worth . _ ______________________________________________________________________________ _ ______________________________________________________________________________ 9. Even if Franklin had not lost his job, would he realize his retirement dream if he continued to manage his money like this for the next 15 years? Why or why not? _ ______________________________________________________________________________ PRODUCT PREVIEW
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THE 21st CENTURY STUDENT’S GUIDE TO FINANCIAL LITERACY
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