Page 73 - Book2E

Let’s Review______________________________________
Distinguishing between Wants and Needs
Take a minute and mark which of these items is a want or a need. The results will be different for everyone.
Needs vs. Wants
Need = N / Want = W
___ Addition to House/Repairs
___ Arts and Crafts
___ Bicycle/Motorcycle
___ Beauty Salon/Spa
___ Books/Magazines
___ Car Insurance
___ Cell Phone
___ Charitable Contributions
___ Children’s Allowances
___ China and Crystal
___ Christmas Decorations
___ Contact Lenses
___ Dining Out
___ Education Fund
___ Entertaining Friends
___ Eye Glasses
___ Food Storage
___ Flat Panel Computer Monitor
___ Freezer/Frozen Foods
___ Furniture
___ Garbage Disposal ___ Guns
___ Health Insurance
(medical and dental)
___ Health Club or Spa
___ Internet
___ Investments
___ Life Insurance
___ New Carpets
___ Plasma Television
___ Prescription Medicines
___ Recreation
___ Retirement Savings Account (401K)
___ Second Car ___ Telephone ___ Vacation
TotalN=____ /TotalW=____
Saving for Major Purchases 65