Youth Life
Youth Future
Youth Money!
TUTOR WORKBOOK
Needs and Wants
CONTENTS
CONTENTS ......................................................................................................................................................... 2
Needs and wants................................................................................................................................................ 4
Working out My Essential Costs and Commitments ........................................................................................ 4
Aims ........................................................................................................................................................... 4
•
To help individuals identify essential costs and commitments from other costs .................................. 4
•
To help individuals to prioritise their current commitments ................................................................ 4
•
To help plan for future costs and commitments .................................................................................. 4
Essential needs (back to basics) .................................................................................................................. 5
Maslow's Hierarchy Of Needs ..................................................................................................................... 5
Questions for group discussion and further learning ................................................................................... 6
Scripture References Addendum ................................................................................................................ 6
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Needs And Wants
©CBNZ 2014
Learning how to manage money is an awesome skill to have. It can really help people to prevent money
problems. Youth Life Youth Future, Youth Money is a fun, interactive programme where you’ll help students
to discover some really useful tools to keep control of their money – tools that they can pass on to friends
and family as well! Knowing how to manage their money may also help them to fulfil goals for their
future.
CBNZ (Christian Budgeting New Zealand Inc) developed this special programme with funding from the
Ministry of Social Development. Launched in October 2012 it was reviewed and reprinted in May 2014. Your
programme is presented by Christian Assist Trust.
CBNZ supports and equips budget advisors across the country with members from Auckland to Invercargill.
Established in 2004 and later incorporated, it is a Not For Profit organisation.
For more information about CBNZ please email [email protected] or phone 03 342 7569.
CBNZ Inc, c/o PO Box 33285,
Incorporated Society No. 1945533.
Charities Commission Registration No. CC22291
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Needs And Wants
©CBNZ 2014
Money!
Needs and wants
Working out My Essential Costs and Commitments
Aims
•
•
•
To help individuals identify essential costs and commitments from other costs
To help individuals to prioritise their current commitments
To help plan for future costs and commitments
•
•
A wise man does not build a house without first establishing the cost.
To promote a basic understanding of Maslow’s hierarchy of needs.
Principles
Tools
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Flashcards – Maslow’s Hierarchy of needs
Calculators
List of items - needs and wants
Blank lined pad paper for personal lists
Printed tables to calculate Accommodation Supplement
Workbook for personal recording of results
Needs And Wants
©CBNZ 2014
Task 1
Essential needs (back to basics)
1. In your workbook under section 'my list of stuff', ask each person to make an initial list of personal
Needs/Wants they can think of themselves i.e. without prompting or suggestions from the tutor.
2. Ask each person to identify each item as either NEED and WANT - mark with "N" or "W".
Maslow's Hierarchy Of Needs
3. Review and briefly explain Maslow’s Hierarchy of Needs triangle which lists five basic human needs.
The hierarchy starts from the bottom up as listed below. We are focusing on level 1.
level 5) Self actualization - to feel that they can "do what they were born to do".
level 4) Sense of self esteem - created uniquely with purpose and meaning.
level 3) To give and receive love, affection, feel a sense of belonging.
level 2) A sense of security - safety from danger.
level 1) Physiological need - oxygen, food, water, clothing, shelter.
NOTE:
Physiological needs - level 1 - food, water, clothing, shelter.
You may need electricity and medical costs as an essential item.
Also add cellphone in cases of safety needs.
4. From the list of personal Needs/Wants recorded by each person on the paper supplied, check to see
what items on their list of NEEDS matches Maslow's hierarchy level 1.
• Discuss the differences in a group/pairs as appropriate.
• Conclusion - we don't need much stuff but we want it all the same.
5. In your workbook, go to the section on "MY NEEDS AND WANTS". Record your "level 1 needs" from
the above activity and copy these to your workbook. Include the "costs" of each item.
6. Additional Commitments
In your workbook, go to the section on "MY NEEDS AND WANTS". In the area marked "current
Commitments" record your "current Commitments" and their amounts.
NOTE:
"Current Commitments" should only include items that are currently being paid and cannot be
stopped - e.g cellphone (current contracts), court fines, rates etc. The remaining items can be moved
into the WANTS category. We will look at these in a different session to empower new thinking and
choices – both now and longer term.
7. Ordering your Wants
List your “WANTS” and place them into order ("1st, 2nd, 3rd 4th 5th) in your workbook and total the
column.
•
Check Each Persons Totals Are Correct
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Needs And Wants
©CBNZ 2014
Questions for group discussion and further learning
choose relevant ones.
What is the cost of our most basic needs?
Where are our most our “WANTS” advertised e.g. billboards, TV, facebook…?
Where are our most basic needs advertised? – there aren’t as many.
Why are there so few ads for our “BASIC NEEDS” compared to our “WANTS”?
What slick advertisements do you know of that entice us to spend?
How do we “feel” when we have our most basic needs covered – thankful?
Why might we include “other items” in our most basic needs? e.g. medications, Lotto.
Scripture References Addendum
Matthew 4:4
Jesus answered, “It is written: ‘Man shall not live on bread alone, but on
every word that comes from the mouth of God.’”
Comment
Physical necessities are important but they are not the only thing to
focus on.
Proverbs 3:1-2
My son, do not forget my teaching, but keep my commands in your
heart,
for they will prolong your life many years and bring you peace and
prosperity.
Comment
A key to a peaceful, prosperous life is to follow God's teaching...
including Christ's teachings on money.
Proverbs 22:9
The generous will themselves be blessed, for they share their food with
the poor.
Be generous and share. It is an expression of Love for others.
Comment
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Needs And Wants
©CBNZ 2014