![]() ![]() wants in Lesson 3: Designing a Dream that would be great for around Grade 7. This is a whole course on personal finance, but you can find a specific worksheet for needs vs. Hint: you might also want to check out my article on how to teach budgeting. Things that are not usually thrown away or wastedįYI: Scroll down until you see “show more content” under the first set of pictures – keep clicking that until you see this activity.Things that end up being thrown away or wasted, at least in part.Things that you don’t necessarily need, but that might be nice to haveĪn interesting angle this activity takes is the next step, when students are asked to then sort the piles into:.Here’s a free printable activity where you cut out and stuff envelopes with various pictures of items, then have small groups of students go through each to determine whether they’re a “need” or a “want”. Then, they glue them in the right column. You’ll ask them to draw two columns on a white sheet of paper (one for “needs” and one for “wants”), and then to go through a magazine to cut out various pictures of things that represent the two. Here’s a really simple activity to do with students and kids to help them learn needs vs. This will get students thinking about how spending can get out of control even for “needs”, because they may actually be a “want” in disguise. You could satisfy the need with a $20 pair of sneakers. I like that it offers a real-life scenario of needing to update equipment…but all the options out there don’t fit the bill. Here’s a quick little worksheet about needs vs. A full lesson plan and worksheets are included. Kids are then asked to make choices because of scarcity. You read the book “Betty Bunny Wants Everything” to your kids, and then have them identify what Betty wants to buy at the toy store. Wants Worksheet (PDFs)Ĭheck out these wants vs. Because let’s face it – us adults get needs and wants mixed up all the time!Īnother way to start teaching this important financial literacy lesson is through worksheets, PDFs and activities. Psst: here's 11 more interactive money activities for kids you can do at home.Īnd I don’t just do it to him – I routinely correct myself in front of him, as well. Just that little correction is like a placeholder in his mind for future talks about understanding the difference between needs vs. ![]() Instead, I take two seconds to say “you mean you want fill-in-the-blank”. For example, I routinely correct my 5-year-old son who says that he needs his Power Ranger toy, or he needs an ice-cream, or he needs to listen to his favorite tweenie-bopper song for the 117 th time. ![]()
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