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 lesson 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 worksheets embedded in...

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

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...

In this consumer math worksheet, students read about how to budget for wants and needs. They answer 3 multiple choice questions about a young girls use of her $10 birthday gift. They complete a problem about budgeting money for classroom...

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.

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

Students explore the concept of budgeting. In 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...

Haven't you always wanted to travel in space? Scholars plan a trip to the terrestrial planets to finish the second portion of a two-part series on travel in the solar system. Each member of a group chooses one planet to calculate the...