Students will explore their personal values and identify various needs and wants that affect financial decisions. Students will also explore lifestyle and economic conditions that impact an individual’s perception on needs and wants. The vocabulary activity is the Bonus Basket Review from the Vocabulary Reinforcement Active Learning Tool. Students will also think about what they would put in a time capsule, write a best friend advertisement, and make decisions for Lizzy in the “What Should Lizzy Do? Activity.

Cross-curricular keyword: ELA

Lesson Objectives

  • Define value.
  • Explore personal values.
  • Identify the difference between a need and a want.
  • Understand how personal financial decisions are influenced by an individual’s interpretation of needs and wants.

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