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Wants and needs - saving tips
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[QUOTE="Deleted member 13140, post: 211302"] I think it was last month that I was taught the difference between these two, wants and needs, not like I didn't know it but you know how private tutors work, they have to touch every aspect and see what you're missing. Okay so I want to use this and help people to save money, and that is helping you separate your wants or atleast helping you understand the difference between your wants and your needs. Now what's the definition of the two needs vs. wants. A "wants" is mainly used to describe a really strong desire to own or do something. And "needs" is described as a lack of basic necessities for survival (i believe everyone knows about the three basic necessities) such as food, water, and shelter. The only difference between need and want is that "want" is a desire to acquire or do something but is not necessary for a person's survival, whereas "need" is necessary rather than attractive. This is because wants and needs are both economic terms, but "needs" are something you require in your life, whilst "wants" are something you yearn for. Now I want you to take a deep breath and ask yourself this very crucial Question - Is that 42-inch flat-screen television really necessary? When money is scarce, only spend what is absolutely essential... and apply this to everything you want to buy. Goodluck [/QUOTE]
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