ALEX Classroom Resource


Do I Need It or Do I Want It?: Making Budget Choices

  Classroom Resource Information  


Do I Need It or Do I Want It?: Making Budget Choices


Content Source:

Type: Interactive/Game


This classroom resource is a book from Epic! which describes needs and wants. The book defines budget, savings, and income. The book includes a glossary, further reading suggestions, and learning activities. It can be used to teach students to distinguish between needs and wants and to demonstrate effective decision-making when making budget choices.

Note: You will need to create a free account to access this resource.

Content Standard(s):
Social Studies
SS2010 (2010)
Grade: K
Living and Working Together in Family and Community
4 ) Differentiate between needs and wants of family, school, and community.

•  Comparing wants among different families, schools, and communities
Unpacked Content
Strand: Economics
Course Title: Living and Working Together in Family and Community
Evidence Of Student Attainment:
  • Distinguish between needs and wants.
  • List the needs of a family, school, and community.
  • Distinguish between personal wants and the needs of the family and community.
  • Demonstrate effective decision making when faced with a want verses a need.
Teacher Vocabulary:
  • needs
  • wants
  • desire
  • compare
  • contrast
  • choice
  • survive
Students know:
  • People need certain things to live.
  • There are things they want but are not necessary.
  • Not all wants can be fulfilled.
  • Vocabulary: choice, need, want, survive, desire, compare, contrast
Students are able to:
  • Recite items that are needs.
  • Recite items that are wants.
Students understand that:
  • There is a difference between a want and a need.
  • Not all wants can be fulfilled.
  • Choices usually have to be made when considering things they want.

Alabama Alternate Achievement Standards
AAS Standard:
SS.AAS.K.4- Demonstrate an understanding of the terms "needs" and "wants" by sorting pictures and/or words using a variety of graphic organizers.

Tags: compare, contrast, desire, needs, survive, wants
License Type: Custom Permission Type
See Terms:
For full descriptions of license types and a guide to usage, visit :
AccessibilityText Resources: Content is organized under headings and subheadings

Epic! is free for teachers and schools. Teachers will need to create a free account to access and assign books to students. The AR level for this book is 3.1. The age range is 7-10 years old. The author is Jennifer S. Larson. 

  This resource provided by:  
Author: Ginger Boyd