Lesson Plan
Lesson Title/Description:
Biz Kids: Wants vs Needs
Time Allotted for this Lesson: 20 minutes
Objectives (What do they need to learn and how
Goals (i.e. Oregon financial literacy
will you know if they learned it):
standards)
After the biz kids lesson, students will be able to
Distinguish between wants and needs
distinguish between wants and needs by correctly
(K.19)
sorting the pictures into the correct category and
developing their personal wants and needs.
Biz Kids Episode: if only a small clip (or clips), include the beginning and end of time
segments used.
Episode #303 “More Bang for your Buck”
Start at 5:25 and end at 6:15
Materials/Equipment/Supplies/Technology/Preparation:
 Biz Kids Episode #303 “More Bang for Your Buck”
 Oversized Poster Paper
 Wants vs Needs Worksheet
 Wants vs Needs Picture Page
 Glue
 Crayons
 Pencils
Procedures: Step-by-step process explaining what will occur during the lesson (i.e.
hook/attention-getter, student activities, etc.)
Part 1:
1. Gather students into a circle.
2. Have a piece of poster paper in front of the class with wants vs needs on the top of the page.
3. Ask 3-4 students for examples of needs. Write them down.
4. Ask 3-4 students for examples of wants. Write them down.
5. Ask students what the difference between wants and needs is. List the classes’ ideas.
Part 2:
1. Play a clip from Biz Kids Episode #303 “More Bang for your Buck” (5:25-6:15).
Part 3:
1. Hand out worksheet and picture page to all students.
2. Have the students cut out the pictures on the picture page.
3. Glue each picture into the appropriate category (want vs need).
4. Draw a picture and write:
I want _______________
I need _______________
Assessment/determining proficiency:
The worksheet is collected from the students to determine:
 Are the students able to correctly put the pictures into the correct category?
 Are the students able to come up with a personal want and need?
1
Sample Worksheet and Picture Page:
Name: __________________________________
Wants
Needs
2
I want _________________________________________________________
I need _________________________________________________________
3
4