Wants vs Needs
WANT OR NEED? A house
Need
TRUE or FALSE?
A want is something you have to have to survive.
False
GOOD or SERVICE?
Mowing the lawn for your neighbor.
Service
WHAT IS THE DIFFERENCE BETWEEN A WANT AND A NEED?
A want is something you wish for
A need is something you have to have for survival
GOOD or SERVICE?
Working at a restaurant
service
WANT OR NEED? a NEW car
Want
TRUE or FALSE?
Spending is more important than saving.
False
GOOD or SERVICE?
Selling something online.
Good
WHAT IS A GOOD?
something you sell
GOOD or SERVICE?
Working at a doctors office
Service
WANT OR NEED? A skateboard
Want
TRUE or FALSE?
An example of a need is a fancy meal
False
GOOD or SERVICE?
Helping your grandmother decorate for Christmas.
Service
WHAT IS A SERVICE?
Something you do
WHY SHOULD YOU SAVE YOUR MONEY?
..........
WANT OR NEED? Water
Need
TRUE or FALSE?
Needs are more important than wants
True
GOOD or SERVICE?
Volunteering at an animal shelter
Service
WHAT IS 1 PRO AND 1 CON OF SAVING YOUR MONEY?
Benefit- Getting something Bigger and Better
Cost- Having to wait
doing services and selling goods. (jobs)
WANT OR NEED? Shoes
Need
TRUE or FALSE?
An unexpected cost is something that you plan for.
GOOD or SERVICE?
Selling something at a yard sale
Good
WHAT IS AN UNEXPECTED COST?
a cost you DONT plan for
YOU GET $100 FOR YOUR BIRTHDAY. EXPLAIN HOW YOU WILL RESPONSIBLY DIVIDE THIS MONEY.
$100 all to saving
$50 spending $50 saving
$75 saving $25 spending
etc.