💰 Where does money come from, and how do we decide what to do with it? This consumer video for kids helps third graders understand that being a consumer means making thoughtful decisions about spending, saving, and budgeting. It introduces real-life scenarios that students can relate to, laying the foundation for financial literacy through clear language and age-appropriate examples.

🛍️ From Wants and Needs to Goods and Services

Students will learn the difference between needs and wants, how people earn income, and how every decision comes with a tradeoff — what economists call “opportunity cost.” The video explores goods and services, how families use money to meet their goals, and why saving is just as important as spending. It’s a smart, simple way to connect economic choices with students’ everyday experiences.

🎥 This consumer video for kids emphasizes financial decision-making in the context of community life. Whether it’s choosing to buy a toy or save for a future trip, students will come away understanding how budgeting helps people achieve long- and short-term goals — and why money skills are important even in childhood.

🏆 Perfect for Grade 3 economics or personal finance lessons, this video supports standards on goods and services, personal spending, income, saving, and responsible money management. It’s the kind of real-world, high-relevance video teachers love to use when preparing students for life beyond the classroom.

This videos pairs with “Businesses At Work”.

Video length:  6:35 minutes.