It’s easy to play mind games with ourselves when we try to define for ourselves – and our loved ones – what the differences are between “wants” and “needs.”
Think about some of the items you bought recently. Was it important to have the absolute top-of-the-line in everything? Name brand clothes and shoes, the latest toys, computers, gadgets and trendy restaurants – these are “wants.” On the other hand, good-quality clothes, items that you need bought on sale (truly on sale) and meals enjoyed at home are usually “needs.”
How you identify “wants” and “needs” and the spending decisions you make can have a profound effect on your ability to save and invest for your future.
Start In Just 30 Minutes
One of the best things that you can do for yourself and your family is to establish a realistic game plan that you follow. Your Primerica representative can meet with you and, in just 30 minutes, help you start developing that strategy – one that you know you can follow.
Primerica teaches people how money works so they can make informed decisions about how to manage their finances. The basics of money are generally not taught in school. With your FNA, you’ll learn the steps you need to take to get on the road to the financial life you want and deserve.