Do I Need It or Do I Want It?: Making Budget Choices

Learning Resource Type

Classroom Resource

Subject Area

Social Studies

Grade(s)

K

Overview

This classroom resource is a book from Epic! which describes needs and wants. The book defines budget, savings, and income. The book includes a glossary, further reading suggestions, and learning activities. It can be used to teach students to distinguish between needs and wants and to demonstrate effective decision-making when making budget choices.

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Social Studies (2010) Grade(s): KG

SS10.K.4

Differentiate between needs and wants of family, school, and community.

UP:SS10.K.4

Vocabulary

  • needs
  • wants
  • desire
  • compare
  • contrast
  • choice
  • survive

Knowledge

Students know:
  • People need certain things to live.
  • There are things they want but are not necessary.
  • Not all wants can be fulfilled.
  • Vocabulary: choice, need, want, survive, desire, compare, contrast

Skills

Students are able to:
  • Recite items that are needs.
  • Recite items that are wants.

Understanding

Students understand that:
  • There is a difference between a want and a need.
  • Not all wants can be fulfilled.
  • Choices usually have to be made when considering things they want.

CR Resource Type

Interactive/Game

Resource Provider

Epic!

License Type

Custom

Accessibility

Text Resources: Content is organized under headings and subheadings
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