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Needs vs. Wants: How to Budget for Both

Needs vs. VWants: How to Budget for Both Needs are the things we must have to assist us day to day life: food, shelter, clothing, personal care items, and in most cases safe, reliable transportation. Rest things we can classify as a want: entertainment, electronics, leisure travel . the list of things we want ... is potentially endless. HEALTH SAVINGS HOUSE TRAVEL CHARITY EDUCATION 10% Budgeting For Both Needs and Wants In order to find a balance between wants and needs, a person must have their needs met first. After fulfilling all your needs and paying monthly bills, debts, calculate your monthly expenses from your monthly income. And then check the net income you have. Split your budget into two categories: needs and wants. Needs List: Want List: Water Internet Food Phone Date nights Kid Sports Power Clothing Transportation Life insurance • Takefin Budgeting App TakeFin DOWNLOAD ON TakeFin expense tracking app allows you to record all your expenses on a daily basis. It is an ideal app for both personal or business finance. it gives you a digital view of your monthly expenses and helps you to know where you are spending more money and other activities. takefin.org/ @TakeFinapp O @takefinapp/

Needs vs. Wants: How to Budget for Both

shared by Takefin on Jul 10
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Needs are the things we must have to assist us day to day life: food, shelter, clothing, personal care items, and in most cases safe, reliable transportation. Rest things we can classify as a want: en...

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