Making Spending Choices

Learn how to manage your money with the help of this relatable worksheet! Students will first read about how people make spending choices based on their needs and wants. Then, they will be presented with two scenarios that will have them choose between different items to purchase, then explain their choice. 

Perfect for second and third graders, this worksheet uses real-life scenarios and sentence stems to get students thinking about how they make decisions and prioritize when money is limited. An understanding of needs and wants is foundational for economics and prepares students to learn more about financial responsibility and family spending decisions in the future. 

Learn more about vital economic concepts in Needs and Wants: Fill in the Blank, Writing About Wants and Needs, and What Are Producers and Consumers?