Want or Need!
Distinguish between Wants and Needs…..
You will save a lot of money if you don't mistake Wants for Needs.
Needs are those items that are necessary to sustain: Shelter, food, clothing, transportation.
Wants....are those things that enhance or possibly improve your family life. A car is a need. Unless necessary for your business, a flashy expensive sports car is a want.
Have you ever heard (or said) "I absolutely need...?" when the actual meaning was "I really want?" …. If you’re anything like me… I already know your answer!
This is not to suggest that you shouldn't be able to have the things you want.. you deserve a splurge now & then….Just don’t delude yourself into believing that a want is a need…and busting your budget in the process… This is a recipe for your financial disaster.
With the Xmas sales ahead of you this is a time when the Wants are screaming at you… Buy Me!! Buy Me!..... If you can’t resist just stay away from the sales!...
Just think... You'll not only save yourself money... but also your Sanity!
Asking yourself this simple question when tempted can keep money in your pocket….. Is this really a Want or a Need?
You will save a lot of money if you don't mistake Wants for Needs.
Needs are those items that are necessary to sustain: Shelter, food, clothing, transportation.
Wants....are those things that enhance or possibly improve your family life. A car is a need. Unless necessary for your business, a flashy expensive sports car is a want.
Have you ever heard (or said) "I absolutely need...?" when the actual meaning was "I really want?" …. If you’re anything like me… I already know your answer!
This is not to suggest that you shouldn't be able to have the things you want.. you deserve a splurge now & then….Just don’t delude yourself into believing that a want is a need…and busting your budget in the process… This is a recipe for your financial disaster.
With the Xmas sales ahead of you this is a time when the Wants are screaming at you… Buy Me!! Buy Me!..... If you can’t resist just stay away from the sales!...
Just think... You'll not only save yourself money... but also your Sanity!
Asking yourself this simple question when tempted can keep money in your pocket….. Is this really a Want or a Need?
Labels: budget, everyday living, savings
posted by Gaida at
11/29/2006 07:59:00 am
1 Comments:
I also like to keep only about $20 in my pocket and keep my credit cards and debit cards at home. That way I have to contemplate my purchases more. If you don't have the money on hand to make impulsive purchases, you will buy less. byetta
By
Anonymous, At
6 December 2006 at 6:03:00 pm AEDT
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