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WealthWise Kids

Grades K–2Ages 5–8 · Unit 1.2 · Needs and Wants

Needs or wants? A free sorting worksheet for K–2.

Needs and wants is the first idea in money a child can genuinely hold, and it does not require a single number. This one-page sheet gives six everyday things to sort into two columns, then asks the child to draw one need and one want of their own — which is where the thinking actually shows up.

Download the PDF ↓One page · with answers · 20–30 minutes

No account. No email. Nothing collected about your child.

Preview of the Need or Want? worksheet

What is on the page

  • Six picture-and-word items to sort into needs and wants
  • A draw-your-own box for one need and one want
  • An answer page with what a good answer looks like
  • One question to ask when the pencils go down

What it teaches

  • Telling a need from a want in everyday language
  • That the same thing can be a need for one family and a want for another
  • Explaining a choice out loud

How to run it

The sorting is the easy part. The draw-your-own box is where you find out whether it landed — and disagreements about which column something belongs in are the most useful part of the lesson, not a problem to correct.

The other free worksheets

See all four free financial literacy worksheets, read what kindergarten learns about money, or start with our guide to financial literacy for kids.

Where it comes from

Unit 1.2 · Needs and Wants of a 266-lesson curriculum.

This sheet is one activity, unchanged, from Financial Foundations™. Teachers can run a free five-week pilot with one class. Families can take the Family Edition home.

For my class ›For my family