Curriculum

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Life SkillsMoney & FinanceAges 5–7

Needs & Wants

The difference between things we need (food, shelter, clothing) and things we want (toys, treats); that we sometimes have to choose because money is limited

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If you showed your child pictures of a winter coat, a toy robot, and a loaf of bread, could they tell you which ones are needs and which is a want?

The difference between things we need (food, shelter, clothing) and things we want (toys, treats); that we sometimes have to choose because money is limited

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Check understanding

  • Sort a set of pictures into 'need' and 'want' categories and explain their choices
  • Give an example of something everyone needs and something that is a want
  • Explain why a family might choose to buy a need before a want
“If you showed your child pictures of a winter coat, a toy robot, and a loaf of bread, could they tell you which ones are needs and which is a want?”

Curriculum record

Type
Conceptual
Subject
Life Skills
Domain
Money & Finance
Age range
Ages 5–7