HOW TO SAVE MONEY: NEEDS VS WANTS

HOW TO SAVE MONEY: NEEDS VS WANTS // Welcome to Fany Cents! Today I broke down the importance of identifying needs vs wants as it relates to finance. I discuss what a need and a want is, how people confuse needs and wants, and I give an example of how to maximize on saved money by allocating it to another area. Knowing what a need and a want is, will make it easier to be intentional with money. Check below for the timestamps of each topic.

Identifying needs and wants: 1:25
How people confuse needs and wants: 2:50
Example person 1 vs person 2: 5:34


RESOURCES AND LINKS MENTIONED IN THIS VIDEO:

50/30/20 Rule

3 REASONS TO NOT BUY A CAR

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