Question

Being able to determine if something is a want or need is only the first step. How does this knowledge help you manage money? What decisions or actions need to follow this knowledge so you can wisely spend your money? (3 points)

Answer 1

Being able to determine if things are wants and needs can help you manage money. If you know what you absolutely need in the moment you can save money instead of running around grabbing things you think you need. Needs are necessary, wants are desired. Being able to control your desire to buy things can help wisely spend money.

Step-by-step explanation: