Balancing needs and wants is a crucial thing

[Starmix]

Balancing needs and wants is crucial for fulfilling life. Needs are essential for survival and well-being, like food, shelter, and healthcare, while wants are desires that enhance comfort and enjoyment, like new clothes or entertainment. Ignoring needs leads to hardship, while excessive focus on wants can lead to debt and unhappiness. A balanced approach ensures both survival and a satisfying life. This balance looks different for everyone and changes over time, depending on circumstances and priorities.

 

[Springtime]

Yes, we have to balance needs and wants. However, the top priority is always fulfilling the needs first. If there is spare money, spend it to satisfy some of your wants, and maintain a positive and healthy lifestyle.

 

[Starmix]

Yes, we have to balance needs and wants. However, the top priority is always fulfilling the needs first. If there is spare money, spend it to satisfy some of your wants, and maintain a positive and healthy lifestyle.

I agree with you on this, to prioritize must be our needs. We can't survive without food to eat and medicine in case there is maintenance. The wants like new clothes can wait.

 

[Augusta]

By distinguishing between needs and wants, individuals can prioritize essential expenses like housing, food, and healthcare, preventing overspending and potential debt.

 

[Starmix]

Balancing needs and wants is crucial. One must adhere to his decision, be strong in controlling his desires to obtain material things instead of the daily needs. Wants can lead one to a miserable life and unhappiness. He may have debts with accumulated surcharges because of prioritizing wants instead of paying his debts.

 

[eLdavis]

If we can truly balance our needs and wants it will definitely play a major role in terms of saving and even growing our financial life.

 

[Starmix]

As much as possible, let's prioritize our needs. Wants can wait especially if you already have them like shoes, clothes phones and others. Food can't be ignored.

 

[Augusta]

Prioritizing needs ensures essential expenses are covered, preventing financial instability and debt accumulation, while understanding wants allows to slow down on spending

 

[Starmix]

The situation is circumstancial. There are rich, business, operators, employed with good salaries, these group of people could do both without limit on needs and wants, but for the poor, they need to balance their needs and wants or focus more on needs for time being.

 

[Nomad]

Before you can balance, you need to distinguish between needs and wants. Sometimes the lines blurs and you cannot identify

 

[freelancermaria]

Yes, balancing is key. However, I prioritize my needs over my wants most of the time, and sometimes I just let it pass and focus on my needs.

 

[Starmix]

I also prioritize my needs. I have so many things like clothes, shoes, bags, belts, sandals, slippers, watches, and jewelry, so they are my wants and never depreciate.

 

[freelancermaria]

Yes, once we have the things we want, I believe we should prioritize our needs more. It has been a while since I bought any clothes, as I work from home and don’t go out often.

 

[Starmix]

Yes, once we have the things we want, I believe we should prioritize our needs more. It has been a while since I bought any clothes, as I work from home and don’t go out often.

Just buy once a month, lol. You need to pay yourself. I buy clothes at least one to compensate myself. But I direct myself to sales area .