To identify the needs from the credit card statement, we need to focus on essential items or services that are necessary for daily living. Let's go through the list and select the needs:
1. Groceries ($200): Groceries are essential for sustenance and are considered a need as they provide food and nourishment.
2. Internet services ($60): In today's digital age, internet services have become essential for various activities such as communication, education, and work.
These two items, groceries and internet services, are considered needs as they are essential for basic living and are necessary for most individuals.
On the other hand, the following items are not needs:
1. Movie rentals ($15): Movie rentals are considered discretionary expenses as they are not essential for daily living. They are more of an entertainment choice.
2. Concert tickets ($120): Concert tickets are also discretionary expenses as they are not essential for basic living. Attending concerts is a personal choice and not a necessity.
3. Fitness class ($35): While physical fitness is important, attending a fitness class is not a necessity for everyone. It falls under discretionary expenses as it is a personal choice.
4. Go-kart racing ($50): Go-kart racing is a recreational activity and falls under discretionary expenses. It is not essential for daily living.
In summary, the needs from the credit card statement are groceries and internet services. These items are considered essential for basic living.