GMW 2026: (A) Needs vs Wants

by | Mar 12, 2026 | FIN EDU | 0 comments

Needs vs Wants — Global Money Week

🎤 Your Script

🌍 Global Money Week 2026
🪙

Needs vs Wants

⭐ ⭐ ⭐
The Big Idea

What's the difference? 🤔

🥦

NEED

Something you MUST have to live and be safe

🎮

WANT

Something nice to have, but you'll be OK without it

👧🏼
Frida's Story

Frida's shoes have a big hole in them — her feet get wet! 🌧️

She also wants the new glitter sneakers from the shop. ✨

Her mum gives her money for only ONE pair of shoes.

🤔 What should Frida buy?
👟 Normal shoes to fix the hole
✨ Glitter sneakers
✅
Normal shoes are a NEED! Frida's feet need to stay dry and safe. The glitter sneakers are a WANT — beautiful, but not urgent! Great thinking! 🎉
👦🏽
Mateo's Story

Mateo is really hungry after school. 😋

He can buy a sandwich from the bakery — OR

spend his coins on a football sticker pack 🌟 he's been collecting!

He only has coins for one thing.

🤔 What should Mateo choose?
🥪 The sandwich
⚽ Football stickers
✅
The sandwich is a NEED! Mateo's body needs food to stay energized and healthy. The stickers are a WANT — fun, but Mateo can collect them another day! 🥪💪
👧🏻
Sigrid's Story

Sigrid saved her pocket money! 💰

Her teacher said she needs a new book for reading class 📚

BUT her best friend has a cool slime kit and Sigrid wants one too! 🟢

🤔 What is the NEED and what is the WANT?
📚 The school book
The slime kit 🧪
✅
The school book is a NEED! Sigrid needs it to learn and do well in class. The slime kit is a WANT — super fun, but Sigrid can save up for it later! 📚🌟
What we learned

You're all money stars! ⭐

👧🏼
Frida
✅ Chose shoes (NEED)
👦🏽
Mateo
✅ Chose food (NEED)
👧🏻
Sigrid
✅ Chose book (NEED)
🕵️ Lesson 1

Always check — is it really a NEED... or just a WANT in disguise?

💡 Lesson 2

🟢 NEEDS first  →  then WANTS with what's left! 🔴

Kahoot Time!

Let's test what you've learned! 🚀

Game PIN
_ _ _ _ _ _

SESSION (A)

Welcome to the first exercise of Global Money Week 2026.

Today’s topic is Needs vs. Wants. We will look at the difference between the things we must have to live, such as food, water, clothing, and shelter, and the things we would like to have but can live without.

By the end of this session, you will be able to distinguish between a need and a want and understand why that distinction matters when it comes to spending and saving money.

We will close the session with a Kahoot quiz, so pay close attention and be ready to put your knowledge to the test.

A

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