Needs and wants
ID:CVNEWA
Video Overview
This tutorial will help you understand the difference between needs and wants. It will also demonstrate a variety of needs and wants. In financial planning and entrepreneurial activities, it is important to spend money wisely. What we do regarding our expenses and spending activities can be divided into two groups, namely Needs and Wants. It is good practice in business to prioritise your needs and then consider your wants. Because people are different, they have different ideas about what constitutes a need or a want. It is important that you are able to make a distinction between needs and wants in various situations at different times.
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