Needs vs Wants

Needs are things we must have—like food, water, books, and school uniforms.

Wants are fun but not essential, like new games or fancy gadgets.

Before spending, ask yourself if the item is a need or a want. This helps prevent wasting money on things you might not actually need.

Practicing this thinking regularly helps develop smart spending habits. It’s a key part of becoming financially responsible and confident.

Street Smart Finance