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It is said that one of the keys to becoming money savvy is to learn how to separate "needs" from "wants". Please explain why this is true. (EXTRA POINTS UR OWN WORDS!!!!!

User Jmag
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1 Answer

3 votes

Answer:

absolutely

Explanation:

Needs are for survival in life like food, rent or mortgage, utilities, and other expenses. Transportation costs, insurance coverage, and any clothing and tools you need for work are included in this part of your budget. A want includes expenses that you can comfortably live without and is not essential for survival.

User Tim Gilbert
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