Back to TrackClass 1 • Financial Intelligence
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Unit Overview

Needs, Wants & My Money Box

Part of the financial intelligence track — this unit builds Needs, Wants & My Money Box in a way that is structured and confidence-building.

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Why it matters for the future

Creates early financial independence & entrepreneurial thinking for any economy.

🧠 Skills & Topics

Needs vs Wants

Sorting picture cards: roti vs toy.

Saving in a Gullak

Saving coins toward a small goal.

Money Concept

Understanding Needs, Wants & My Money Box in real money terms.

🎯 Learning Outcomes

  • Sorts 10 cards into needs and wants
  • Explains own savings goal
  • Explains Needs, Wants & My Money Box in their own words with an example
  • Completes a Needs, Wants & My Money Box task correctly with minimal help

🎲 Suggested Activities

  1. 1Play a money game that uses Needs, Wants & My Money Box
  2. 2Explain Needs, Wants & My Money Box to a partner, then swap
  3. 3Home challenge: find Needs, Wants & My Money Box in daily life

✅ How Learning is Checked

  • ◆Short 5-question class quiz
  • ◆Hands-on task scored on a simple rubric
  • ◆Quick oral check and signed home practice
🧰 Materials
Workbook and notebookCharts and printable worksheetsEveryday objects for hands-on practice
🔑 Key Vocabulary
Needs vs WantsSaving in a GullakMoney Concept

👨‍👩‍👧 At Home — for Parents

Ask your child to explain Needs, Wants & My Money Box to you and spot one real example at home. Stay positive — reward effort and curiosity over perfect answers.

🍎 In the Classroom — for Teachers

Open with a 5-minute real-life hook, teach Needs, Wants & My Money Box with concrete examples, then a guided task and an independent task. Differentiate with easier and extension versions.

Explore the rest of this track

Every unit follows the same clear plan — skills, outcomes, activities, and home + classroom guidance.

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