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Distinction between Needs and wants
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[QUOTE="Bookwormlux, post: 223564, member: 25193"] The best thing that can enable an individual to be able to have a very high sense of self discipline and maintain a very good savings culture so as to attain that level of financial freedom that the desire is when they are able to differentiate between what their needs are and what their wants are . Lack of a real understanding of what is really means to differentiate the two is what make so many people to continue to remain in their poor state of financial level and never ever get to that top where they want to be at all . To start it , I want to say that a person's needs are usually those things which he needs for day to day activities . Those things that will enable you to feel comfortable with your self and not bother even though other things are not available. These are usually the high priority things in life that matter the most to you Some of us make the mistakes of spending so much on what we want and not necessarily what we need , and this is what makes life to be very complicated for us and we end up in a very troubling condition always. [/QUOTE]
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