Asb Getwise Primary Teacher Resource Pack Page 16

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Activity 4
Cash clever: needs and wants
Curriculum connection:
Financial capabilities framework:
Capability: Manage money and income
Theme: Spending
Learning outcome:
• Investigate what people “need to” spend money on, e.g. food, clothing, shelter.
Curriculum connection
NZ Curriculum:
Area: Health
Strand: Relationships with other people
Learning Outcome
• Express their own ideas, needs, wants and feelings clearly and listen to those of other people.
Lesson Focus
• Distinguish between needs and wants.
• Group work.
Activity:
A. Students are asked to bring in a magazine or catalogue from home
B. Working in groups, students cut out 3-5 products each from the magazine and sort them into wants and
needs. Dividing a piece of paper into half, they will then glue the wants on one side and the needs
on another.
Learning check:
• Can their group articulate why they chose to label certain products as a want or a need?
• Did the students share an idea in their group and did they listen to others?
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