Youth Life Youth Future Youth Money! TUTOR WORKBOOK. Needs and Wants

Transcription

1 Youth Life Youth Future Youth Money! TUTOR WORKBOOK Needs and Wants

2 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 Page 2 Of 6 Needs And Wants CBNZ 2014

3 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 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 sarah@cbnz.org.nz or phone CBNZ Inc, c/o PO Box 33285, Incorporated Society No Charities Commission Registration No. CC22291 Page 3 Of 6 Needs And Wants CBNZ 2014

4 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 Principles A wise man does not build a house without first establishing the cost. To promote a basic understanding of Maslow s hierarchy of needs. Tools 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 Page 4 Of 6 Needs And Wants CBNZ 2014

5 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 Page 5 Of 6 Needs And Wants CBNZ 2014

6 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 Comment 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. A key to a peaceful, prosperous life is to follow God's teaching... including Christ's teachings on money. Proverbs 22:9 Comment 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. Page 6 Of 6 Needs And Wants CBNZ 2014