| Full lesson | Create for a teacher a set of content for giving a lesson, beginning with the lesson plan. Each new block of materials must begin with an H1 heading (other subheaders must be H2, H3, etc). When you describe required pictures, write those descriptions in curly brackets, for example: {A picture of a triangle} |
| Which subject | Economics |
| What topic | Wants needs saving spending |
| What length (min) | 30 |
| What age group | Year or Grade 3 |
| Class size | 20 |
| What curriculum | Journeys |
| Include full script | |
| Check previous homework | |
| Ask some students to presents their homework | |
| Add a physical break | |
| Add group activities | |
| Include homework | |
| Show correct answers | |
| Prepare slide templates | |
| Number of slides | 5 |
| Create fill-in cards for students | |
| Create creative backup tasks for unexpected moments |
Wants, Needs, Saving, Spending
Year/Grade 3
Economics
20 Students
Journeys
| Step Number | Step Title | Length | Details |
|---|---|---|---|
| 1 | Introduction | 5 min | Introduce the topic by explaining the difference between wants and needs. Ask students to share examples. |
| 2 | Printable Card Distribution | 5 min | Hand out the printable cards to students and explain what they need to fill in during the lesson. |
| 3 | Group Activity | 10 min | Divide students into small groups. Each group discusses and lists examples of wants and needs on a chart. |
| 4 | Physical Activity Break | 5 min | Lead students in a quick physical activity (e.g., stretching or a small game) to refresh them. |
| 5 | Saving and Spending Discussion | 5 min | Discuss saving and spending, providing examples. Have students share what they think is more important. |
| 6 | Card Collection/Checking | 5 min | Collect the filled cards or conduct a quick check of them randomly to assess understanding. |
Students will complete a worksheet at home related to wants and needs. The homework will be checked for completion but will not require presentations in front of the class.
"Good morning, class! Today, we're going to talk about something very important in our everyday lives: wants and needs. Can anyone tell me what they think a 'want' is? Yes, that's right! A 'want' is something we would like to have but don't necessarily need to survive. Now, what about a 'need'? Great job! A 'need' is something that is essential for our survival, like food, water, and shelter. Can anyone give me examples of their wants and needs? Fantastic! I love how you all are thinking about these concepts!"
"Now, I have some printable cards for each of you. I want you to pay close attention because these cards are very important for our next activity. Each card has a space for you to write examples of your wants and needs. I'll give you a moment to look it over. Make sure to keep it handy; we'll be filling it out together as we go through the lesson. Remember, you can put your thoughts down as we discuss!"
"Alright, everyone, it's time to get into groups! I’m going to divide you into small teams of four or five. Once you're in your groups, I want you to discuss among yourselves and come up with a list of examples of wants and needs. Each group will have a chart to write them on. Take about 10 minutes for this activity; use the time wisely to share your ideas with one another!"
"Now that we've all worked hard in our groups, let's take a quick break! Stand up and stretch your arms high to the ceiling! Let's do some jumping jacks! How about we do 10 together? Ready? One, two, three... Keep going! Great job, everyone! This quick activity helps us recharge our brains and get ready for the next part of our lesson."
"Okay, let's gather back together! Now that we’ve explored wants and needs, let’s talk about saving and spending. Who can tell me what ‘saving’ means? Exactly! To save is to keep some of our money instead of spending it all. And what does ‘spending’ mean? Right again! Spending is using our money to buy things. What do you think is more important: saving or spending? Let’s have a short discussion. I want to hear your thoughts!"
"Now that we've discussed saving and spending, I’d like to collect your cards. If you haven’t filled them out yet, quickly write down your wants and needs while I walk around. For those who have finished, I’ll come by and check your cards. I might ask a quick question to see how well you understand these concepts. Remember, this is just a check-in to see what we’ve learned today. Great work, everyone!"
| Slide number | Image | Slide content |
|---|---|---|
| 1 | {Image: A classroom with students engaging} | - Introduction to wants and needs |
| - Definition of a 'want' | ||
| - Definition of a 'need' | ||
| - Examples of wants and needs discussed | ||
| 2 | {Image: Printable cards on a desk} | - Distribution of printable cards |
| - Importance of cards for the activity | ||
| - Reminder to write examples of wants and needs | ||
| 3 | {Image: Students working in groups} | - Group activity to discuss wants and needs |
| - Collaboration in small teams | ||
| - Time allocated: 10 minutes | ||
| 4 | {Image: Kids stretching and exercising} | - Physical activity break |
| - Stretching and jumping jacks | ||
| - Importance of taking breaks for focus | ||
| 5 | {Image: Teacher leading a discussion} | - Discussion on saving and spending |
| - Definition of saving and spending | ||
| - Engage students in thoughts and opinions | ||
| - Card collection/checking |
| Question | Answer |
|---|---|
| What is the difference between a 'want' and a 'need'? | |
| Can you provide an example of something you consider a 'want'? | |
| What are some essential items that qualify as 'needs'? | |
| Why is it important to recognize our wants versus our needs? | |
| What does the term ‘saving’ mean in relation to money? | |
| How do you define ‘spending’? | |
| In your opinion, which is more important: saving or spending? Why? | |
| Can you list three examples of things you would save money for? | |
| How can understanding wants and needs help in making financial decisions? | |
| What are some strategies you can use to save money? |
Can you describe a time when you wanted something but realized you didn’t need it? What was it, and what did you learn from that experience?
If you had $100 to spend, how would you decide what to buy first? Would you prioritize your wants or needs?
Think of one item that you really want right now. How would your life change if you got it? Conversely, how would your life stay the same without it?
Why do you think it’s important to differentiate between wants and needs? How can this understanding help you in everyday decision-making?
If you were given the choice between a fun trip or saving that money for a future goal (like college), what would you choose? Can you explain your reasoning?
Rise and shine, it's time to play,
A little exercise to brighten your day!
Stretch your arms up, reach for the sky,
Feel the energy, let your spirits fly!
Now let's jump, with jacks we start,
One, two, three, it’s good for the heart!
Side to side, let’s twist and sway,
A fun little move to keep stress at bay.
March in place, let your knees rise high,
Feel the rhythm, don’t be shy!
Try a squat, down low we go,
Stand back up, let’s give it a go!
Now shake it out; let your body dance,
A moving groove, give it a chance!
Count to ten, let’s take a breath,
Feel the calmness, we’re not out of breath!
Stand on one leg, it’s balance time,
Hold it steady, you’re doing fine!
Switch it up, now the other side,
Let’s keep moving, let’s enjoy the ride!
So here we go, let’s keep it neat,
With a little exercise, we’ll feel on our feet!
Ready to learn, our minds will expand,
After this break, we’ll take a stand!