Uploaded by Donnette Shaw

Pay yourself first Activity for assessment: Differentiating between needs and wants

Money management
Objective: to differentiate between needs and wants in financial management
Luck of the draw - game
1. Each participant will be given $2300
2. Each participant will be allowed to select cards that have real life expenses
(needs and wants) color code cards (red - have to pay, green - you get money,
orange is optional)
3. After each participant select their cards it will be discussed whether or not its a
need or a want
4. Play several rounds, the participant with the most money at the end wins