Wants vs needs
Learn about the difference between wants and needs
Imagine you have some money in your pocket, what do you spend it on first? something you want? or something you really need?
It can be helpful to know the difference between things you need and things you want, when you’re thinking about how to use your money.
That way, you might feel more confident about what to spend now and what to save for later.
Some things are called needs.
These are the important things that help you live, learn, and stay healthy, like food, clothes, and school supplies.
Other things are called wants.
These are fun extras, like sweets, games, or stickers. They’re nice to have, but are they essential?
Challenge
Why not cut out pictures from magazines or draw your own and sort them into two lists: 'Wants' and 'Needs'?
What do you think? Can you tell us if you think the following are Wants or Needs?
There is no right or wrong answer
