Play Money Coins Page 6

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Teacher’s Resource
Activity H: Main Circle Activity: What Do You Really Need?
H
Main Circle Activity
Focus on Financial Literacy
What Do You ReallY NeeD?
Learning Goal
Math Note
Describe the difference between a need and a want.
In this activity, students learn that
Curricular Competencies
spending money is about more than
Connecting and reflecting: Connect mathematical concepts to each
buying what they want. This lesson
other and to other areas and personal interests
introduces them to money choices
• I can decide if I need something I want to buy.
that involve needs and wants.
Students connect these choices to
Content
their own needs and wants.
• financial literacy—attributes of coins and financial role-play
Materials
Observe to Promote Learning
storybook that incorporates needs and wants (optional)
Listen for students’ understanding
Introduce the lesson by telling a story about needs and wants. For
of needs and wants. Can they
example, Karla had money to buy a small toy for herself and a
connect situations in their lives
present for her grandfather. She saw a toy she wanted and bought
to the distinction between needs
it. Then she found out that she had no money left to buy the present.
and wants? Can they describe
their reasoning when deciding if
Why did Karla buy the toy? Invite students to share their ideas with
something is a need or a want?
a partner and then with the class. What did she need to buy with the
money? Was buying the toy a good idea? Why not?
Teaching Tip
Highlighted words
Invite students to reflect on their lives and share their thoughts about
Karla’s story is about her grandfather.
what they might need or want to buy: Do you need bubble gum? Do
focus on curricular
In First Peoples cultures, family is
you need running shoes? Why do you need [running shoes]? Discuss
highly valued. Children are taught to
the idea that someone might need new running shoes but want, not need,
competencies
respect their grandparents and Elders
the more expensive running shoes with lights; or someone might already
and to think of their grandparents
addressed in the
have running shoes and need a hat instead.
and Elders first, before themselves.
These beliefs build a strong and united
Circle back to the story about Karla. How could Karla make sure that
lesson
community that works for the benefit
she had enough money to buy her grandfather’s present? (She could
of all. Invite discussion about the
have kept some of her money for the present and not spent all of it on
importance of family and community.
the toy.)
VARIATION
Provide small groups of students with 2 sorting hoops, one for needs and
one for wants, as well as magazines or flyers related to needs and wants
First Peoples
in your local community. Have students cut out pictures of items that
perspectives and
people in your community might need or want. For each picture, have
students communicate to the group why they think the picture shows
knowledge embedded
something a person might need or want, before placing the picture in the
appropriate hoop.
throughout
6
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SC SAM BC Math Boost K 2017_0176816267_BB_CS6_4th pass.indd 6
2016-09-01 11:32 AM

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