What this lesson teaches
This activity teaches children the difference between needs and wants, helping them make informed financial choices.
Financial Knowledge
Needs vs Wants Sorting
Explore the fun world of needs and wants through sorting activities!
Duration20 min
Age GroupAges 7–11
DifficultyBeginner
SubjectFinance
See how this hands-on lesson works
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What you need
- Toys
- Books
- Snacks
- Clothes
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How the activity runs
- Gather items like toys, food, and clothes.
- Create two boxes: one for Needs and one for Wants.
- Look at each item and decide where it belongs.
The learning connection
Sorting items allows children to visualize concepts clearly. Engaging with real objects makes learning memorable and fun!
Try it with your learner
1. Collect various items from your home or classroom. 2. Label two boxes as 'Needs' and 'Wants'. 3. Look at each item and decide which box it belongs in. 4. Place each item in the right box. 5. Share your sorting choices with a family member or friend. 6. What did you notice about your needs and wants?