Comments on: Wants vs. Needs http://www.mymoneypower.com/blog/savings/wants-vs-needs/ Where Money Really Does Grow on Trees Sat, 04 Feb 2012 07:13:57 -0800 http://wordpress.org/?v=2.8.5 hourly 1 By: wdzwzduhav http://www.mymoneypower.com/blog/savings/wants-vs-needs/#comment-34787 wdzwzduhav Sun, 18 Dec 2011 11:23:20 +0000 http://www.mymoneypower.com/blog/?p=913#comment-34787 O5k47W <a href="http://rbyefcyeflzc.com/" rel="nofollow">rbyefcyeflzc</a> O5k47W rbyefcyeflzc

]]> By: efachydqib http://www.mymoneypower.com/blog/savings/wants-vs-needs/#comment-34551 efachydqib Fri, 16 Dec 2011 08:17:33 +0000 http://www.mymoneypower.com/blog/?p=913#comment-34551 supDUR <a href="http://lycrkearkgef.com/" rel="nofollow">lycrkearkgef</a> supDUR lycrkearkgef

]]> By: Sable http://www.mymoneypower.com/blog/savings/wants-vs-needs/#comment-34485 Sable Thu, 15 Dec 2011 19:19:26 +0000 http://www.mymoneypower.com/blog/?p=913#comment-34485 That insight's just what I've been lkooing for. Thanks! That insight’s just what I’ve been lkooing for. Thanks!

]]> By: Derek Allen http://www.mymoneypower.com/blog/savings/wants-vs-needs/#comment-325 Derek Allen Mon, 22 Feb 2010 15:04:27 +0000 http://www.mymoneypower.com/blog/?p=913#comment-325 It is really a tough question, determining between wants and needs. Essentially, we only need food, water, shelter, and clothing. Though that would lead to a very dull existence. I think it boils down to utilization. If you spend money on luxury items, are you utilizing their full value? Extra spending is necessary from time to time, just make sure you get the full value from the investment. Otherwise, it is just money spent in vain. I use www.mint.com to track all of my expenses. It automatically categorizes any purchases I make with my debit card. It has been useful to determine areas where I spend too much money and help me create a strategy for cutting back. It is really a tough question, determining between wants and needs. Essentially, we only need food, water, shelter, and clothing. Though that would lead to a very dull existence. I think it boils down to utilization. If you spend money on luxury items, are you utilizing their full value? Extra spending is necessary from time to time, just make sure you get the full value from the investment. Otherwise, it is just money spent in vain.

I use http://www.mint.com to track all of my expenses. It automatically categorizes any purchases I make with my debit card. It has been useful to determine areas where I spend too much money and help me create a strategy for cutting back.

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