Need Vs. Want

In my quest for financial freedom, my needs and my wants are two of the primary concerns that need to be dealt with accordingly. While I usually prioritize my needs over my wants, there are a few occasions when my wants take the center stage and my needs take a back seat.

I guess it’s okay that we heed our wants but only as a way of rewarding ourselves (for a job well done, for instance) or during special occasions where the primary goal is to make ourselves or our loved ones happy. Also, a reality check should regularly be conducted to make sure we don’t overindulge and pour most of our money on our wants.

As for me, I always think twice or thrice before buying something. I admit to making impulsive purchases every now and then but luckily, I have not experienced paying for some really expensive but useless item yet. Whatever I buy, I make sure it will be put to good use immediately or for later.

Care to share your personal thoughts on needs and wants? I’d love to hear them! :)

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