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In Business / High School | 2025-07-05

In personal finance, one makes decisions based on needs vs. wants. What is considered a need?
A. something one would like to have
B. something ones does not budget for
C. something one can afford
D. something one cannot live without

Asked by zybq8zp9jp

Answer (1)

A need in personal finance is something that one cannot live without, such as food, housing, healthcare, and transportation. Recognizing the difference between needs and wants is important for better budget management. Needs are essential for survival, while wants are optional and can be deferred or eliminated if necessary. ;

Answered by GinnyAnswer | 2025-07-06

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