๐ What are Needs?
Needs are things you must have to survive and be healthy. Think of them as the non-negotiables! Without them, things get tough. ๐
- ๐ ๐ง Shelter: ๐ก A safe place to live, like your house or apartment.
- ๐ ๐ฅ Food: ๐ Nutritious meals to give you energy and help you grow.
- ๐ ๐ Clothing: ๐ Clothes to keep you warm and protected from the weather.
- ๐ฅ โ๏ธ Healthcare: ๐ฅ Doctors and medicine to keep you healthy when you're sick or hurt.
๐ What are Wants?
Wants are things you would like to have, but you can live without them. They're often fun or entertaining, but not essential. ๐
- ๐ฎ ๐น๏ธ Toys and Games: ๐ฎ Fun things to play with.
- ๐ฆ ๐ญ Treats: ๐ฆ Like candy or ice cream.
- ๐บ ๐ฌ Entertainment: ๐บ Watching movies or playing video games.
- โจ ๐ Fancy Items: โจ Like the latest gadgets or designer clothes.
๐ Wants vs. Needs: Side-by-Side Comparison
| Feature |
Needs |
Wants |
| Definition |
Essential for survival and health. |
Things we desire but aren't essential. |
| Examples |
Food, water, shelter, clothing, healthcare. |
Toys, video games, candy, fancy clothes. |
| Impact of Not Having |
Can lead to serious problems like sickness or homelessness. |
May lead to disappointment, but doesn't affect survival. |
| Priority |
Should always come first. |
Can be considered after needs are met. |
๐ Key Takeaways
- ๐ฏ Prioritize Needs: ๐ฏ Always make sure you have your needs covered first.
- โ๏ธ Balance Choices: โ๏ธ Once your needs are met, you can think about your wants, but always in a balanced way.
- ๐ฐ Smart Spending: ๐ฐ Understanding the difference helps you make smart choices about how you spend your money!
- ๐ฑ Future Planning: ๐ฑ Learning this early sets you up for better financial habits later in life.