1 / 10

Exploring Values, Needs & Wants

Exploring Values, Needs & Wants. Time capsule. If you would put 3 items in a time capsule to describe who you are and what you feel is important, what would they be?. What are Values?. Something that is desirable, worthwhile, and important

phoebe
Download Presentation

Exploring Values, Needs & Wants

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Exploring Values, Needs & Wants

  2. Time capsule • If you would put 3 items in a time capsule to describe who you are and what you feel is important, what would they be?

  3. What are Values? • Something that is desirable, worthwhile, and important • Influenced by family, friends, teachers, coaches, television, and movies • Each person has different values which guide his/her daily decisions • https://www.youtube.com/watch?v=6Y8d0XwPZTM

  4. Needs vs. Wants • Need - something necessary or required for life • Brainstorm examples of needs • Food, water, clothing and shelter

  5. How Much Money Does A Person Need? • Some families in India earn $1.00 to $2.00 a day. • Could your family live off $1.00 to $2.00 a day? • What do you think families in India think theyNEED? • How do values influence needs? • You need shelter, but do you NEED a mansion? • You need clothes, but do you NEED designer clothes?

  6. Needs vs. Wants • Want - something unnecessary but desired • May increase the quality of living or make a person happier • Brainstorm examples of wants • MP3 player, Play Station, designer clothes • How do values influence wants? • If being popular or having all of the newest gadgets is valued, a person may have a lot of wants

  7. Car Nike Sneakers Hot Tub Computer Food i-Pod Cell Phone Clothes You Decide!

  8. Spending Money • How do values influence how people spend money and make financial decisions? • If an individual values helping others, he may decide to give money to a church or other charitable groups • How do needs and wants influence how people spend money and make financial decisions?

  9. Remember… • Value - Something that is desirable, worthwhile, and important • Need - something necessary or required for life • Want - something unnecessary but desired • A person’s values and perception of needs and wants influence personal financial decisions!

  10. Remember the Time capsule?? • Review your 3 items. Would you classify them as needs or wants? What does this reveal?

More Related