Oct '24 • Accountability & Challenges ✅
Day 3: Identifying Needs vs. Wants
Day 3: Identifying Needs vs. Wants
Activity: Recognize the difference between needs (essential expenses) and wants (non-essential expenses) to help prioritize spending.
Task: List your recent purchases and categorize each as a "need" or "want." Identify how much you spend on each type.
Journal Tracker: Answer the following:
Are there any "wants" that you regret spending money on?
Could you redirect money from “wants” towards your financial goals?
Instructions: Reflect on the importance of balancing enjoyment with responsibility. Consider the personal benefits of mindful spending and jot down a few spending priorities that will keep you motivated.
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Day 3: Identifying Needs vs. Wants
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