This worksheet is designed to help differentiate between needs and wants. It defines what needs and wants are, and then provides space for the user to list things that fall into each category. By completing this worksheet, individuals can learn to distinguish between essential items for survival and well-being (needs) and those that are desired but not necessary (wants). This distinction is a fundamental concept in personal finance and budgeting, as it helps prioritize spending and make informed financial decisions.
Answer Key
