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• Needs are essential for daily life (food, housing, and transportation). • Do I need this to live, work, or take care of my responsibilities? • Is there a lower-cost or free alternative? • Will I still …
Understand how needs and wants relate to opportunity cost in their everyday decisions. Begin to explore the concepts of budgets and spending plans. A need is something that you cannot live …
Included in this pack are color & blackline *large sorting cards (the perfect size for a pocket chart) *single learner sorting pages *writing page for needs *writing page for wants See this pack in …
Wants vs. Needs Worksheet Knowing the difference between “wants” and “needs” is an important part of learning to manage money, especially in tough economic times.
Are your current spending habits sustainable? If not, what changes can you make?
Students will create a list of personal “wants” they would like to achieve or obtain by 25 years of age. They will consider how realistic these wants are as they move through this lesson.
Wants are items that are nice to have, but are not essentials to living: eating out, going to the movies, etc. Before purchasing an item, ask yourself “Do I need this, or do I just want it?” …
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