Understand the difference between needs and wants, and prioritize spending accordingly

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    R399.00
    R399.00
    Original price was: R250.00.Current price is: R75.00.
    Original price was: R250.00.Current price is: R75.00.
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    R399.00
    1. What qualifies as a need versus a want in my life?
      • This question prompts individuals to evaluate their expenses and categorize them as either essential needs or discretionary wants. It encourages reflection on the distinction between items or services necessary for survival and those that are desirable but not essential.
    2. How can I differentiate between needs and wants when making purchasing decisions?
      • By asking this question, individuals seek guidance on practical strategies for discerning between needs and wants in real-life situations. It encourages critical thinking about factors such as utility, urgency, and long-term benefits when evaluating purchases.
    3. Why is it important to prioritize spending based on needs versus wants?
      • This question explores the underlying rationale behind prioritizing spending according to needs versus wants. It encourages individuals to consider the impact of their financial choices on their overall well-being, financial goals, and long-term financial stability. Additionally, it prompts reflection on the consequences of overspending on wants at the expense of fulfilling essential needs.

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