Starter quiz
- Laura has 15 p. Which of the following snacks could she afford to buy if she wanted to?
- Biscuit - 20 p
- Apple - 5 p ✓
- Carrot sticks - 10 p ✓
- Cake - 12 p ✓
-
- Jacob has 20 p. Which of the following mini toys can he afford?
- Bubbles - 20 p ✓
- Balloon - 15 p ✓
- Glow Stick - 10 p ✓
- Car - 30 p
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- True or false: Once you spend money, you can have it back.
- True
- False ✓
- Which coin has the higher value?
- Which coin has the lower value?
- What is the total value of these coins?
- 15 p
- 16 p
- 17 p ✓
- 18 p
- 19 p
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Exit quiz
- Match the items with need or want.
- Food⇔Need ✓
- Bubbles⇔Want ✓
- Match the items with need or want.
- Fruit and vegetables⇔Need ✓
- New game⇔Want ✓
- Match the items with need or want.
- Shoes⇔Need ✓
- TV time⇔Want ✓
- Andeep is at the supermarket. He can only buy one of these items. Which should he choose?
- Magazine
- Sandwiches for lunch ✓
- Chocolate bar
-
- Jun is in the toy shop. He can only buy one of these items. Which should he choose?
- A present for his brother’s birthday the next day. ✓
- A remote controlled car.
- A giant jigsaw.
-
- True or false. You shouldn’t ever buy what you want.
- True
- False ✓
Worksheet
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Presentation
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Video
Lesson Details
Key learning points
- There are things that we need and things that we want.
- Money doesn’t have to be spent all at once.
- Needs should be prioritised over wants.
- You need to evaluate spending choices carefully.
Common misconception
Needs and wants are not always as clear-cut as we might like to think. Items that provide help with emotional wellbeing (teddy bears, blankets) are needs for many children, especially at Y1.
Don't shy away from discussing this if it is something that children mention. Needs and wants are very context-specific and subjective - children will want to acknowledge this.
Keywords
Need - A need is to require something because they are essential or very important, not just because you would like to have them.
Want - A want is to have a desire or a wish for something. Sometimes the thing you wish to have is called a want.
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