Help students learn about the difference between wants and needs.
Learning Outcomes
- difference between “needs” and “wants”
- how understanding the difference helps make smart decisions about money
Session Outline
- facilitator introduction
- topic introduction
- activity
- Q&A/closing
- View lesson plan:
Learning Materials
- Needs & Wants chart — students have to list and compare needs and wants
Other Sessions
This free financial literacy session can help guide teenagers towards a smart financial path.
Teach students the importance of setting goals to help make dreams tangible and achievable.
Help students learn how skills and abilities are related to earning income.
Help students better understand the concept of credit cards and how to manage debt responsibly.
Help students understand the responsibility and commitment of owning a pet.
Help students understand the concept of bartering and the role money plays in the exchange of goods and services.
Help students learn about the difference between wants and needs.
Teach students the importance of saving money.
Teach students the benefits of saving when making daily financial choices.
Students will learn about the importance of making choices between needs and wants, and the rewards of staying within a budget.
Help students understand the concept of earning income and explore the challenges and options for doing so.
Help students understand the setting, prioritizing and achieving of goals.
Teach students the importance of knowing where money is being spent so that spending and saving habits can be balanced.