Needs vs Wants

ObjectiveTo teach kids the difference between needs and wants and how to prioritize their spending money.
Description Needs vs Wants

Do this worksheet from the Bank of Montreal and discover what the difference between needs and wants.


1. Navigate to the BMO Zone.

2. Click on the Need vs. Wants worksheet in the bottom right corner.

3. Print the sheet.

4. Decide if the items in the left column are needs or wants and then write your answer in the right column.

5. Want more needs vs. wants? Here is another worksheet.


Complete When

Mark this activity as complete when you have completed the worksheet and you feel confident you know the difference between needs and wants.

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Age Range 8    9    10    11    12    13    14   
Activity Type Worksheet
Tags Logical-Mathematical Intelligence  Wants vs Needs  Linguistic Intelligence 
Last ModifiedRobRob


Reference Reference Note  
BMO SmartSteps for Parents

This is a printable worksheet that helps to illustrate the difference between needs and wants.

BMO Needs vs Wants worksheet

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