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Infographic – Needs Vs Wants

The month of November has come and gone. And American Consumer Credit Counseling‘s November consumer poll on needs vs wants also concluded. Needs and wants make up the basic living requirements of any human being. However, identifying needs from wants is key to better personal finances. Therefore, the infographic from this month’s poll results can yield valuable input to your everyday financial habits. Here are some highlights: 39% of the respondents believed that any given item could be a need or a want; 29% of the respondents think that wants are required to live a happy life; Also, a majority of the respondents said they would give up eating out, followed by cable, in order to save some extra cash. 

Click on the image below to view full-size PDF

needs vs wants

ABOUT AUTHOR / Dilini

Dilini is a Marketing Communications & Programs Associate at ACCC. To anyone, managing finances can be a real challenge! Any tips and tricks to help get through this are great! Dilini will share her experiences, tips, and tricks along the way through the Talking Cents blog. Stay tuned!

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