Case File 2: Needs and Wants

Make smarter spending decisions and achieve financial well-being.

Understanding needs and wants is crucial for effective budgeting and financial planning.

While needs are essential for human survival, such as food, shelter, and healthcare, wants are nice-to-have things that are not necessary for survival.

By gaining a better understanding of our needs and wants, we can make more mindful and informed decisions about spending.

Financial planning involves preparing for future expenses, like retirement and…