Needs or Wants

Young scholars consider needs and wants. In this needs and wants lesson, students plan to travel to Lost Island. Young scholars are given money to spend on items to take with them and must make decisions about how to best spend their...

Here is an outstanding instructional activity on wants versus needs designed for 1st graders. Pupils listen to the book, Something Good which presents themes on wants, needs, choice, resources, and counting money. Pupils complete...

Students discover the importance of saving and spending. In this finance lesson, students read the book Kermit the Hermit and discuss the differences between needs and wants. The students complete worksheets concerning money in their...

Shed light on the concept of financial literacy with a series of four activities that examines needs vs. wants, gives scholars the opportunity to buy products using paper money, and set goals to save money.

How do we decide what to buy? Empower your economists to spend their money wisely through this introductory consumer choice learning exercise. Learners read a passage on wants and needs, scarcity, and tradeoffs. Next, students...

First graders simulate shopping for needs and wants. In this money lesson, 1st graders examine Norman Rockwell's painting "Curiosity Shop." Students role-play shopping in a store and making purchases.

Students gain financial skills. In this finances lesson, students determine their budget by analyzing their expenses and income. Students identify wants and needs and set savings goals.

Learners explore wants and needs. In this family budgeting lesson plan, students play the Food Money game to help them distinguish between food wants and needs. Learners discuss their impressions of the game and food budgets.

Students explore the concept of budgeting. For this budgeting lesson, students pick an occupation and develop a list of needs and wants. Students make a list of monthly expenses and budget their income to afford those expenses.

Your class can explore personal finance concepts with this money and philanthropy lesson. They define and discuss the terms spend, save, donate, and invest as they relate to the personal use of money. In groups, they work to explore many...