Every day, we make choices about what we need and what we want.  Very often these choices depend on how much money we have.  The ability to distinguish and choose needs and wants is something that some people do instinctively.  For others it is a skill to be learned.  In this lesson, students explore and become more aware of the differences between needs and wants and will use their completed weekly Spending Diary from Lesson Three to distinguish between their own spending on needs and wants.

Activity One: Understanding needs and wants