Section 1 - Instruction

You've learned the basics of needs vs. wants, but real life often presents gray areas that require deeper thinking.

Let's practice making these decisions with more complex scenarios that you'll encounter in your own budgeting.

Engagement Message

Which type of expense do you find harder to categorize: food or technology?

Section 2 - Practice

Type

Multiple Choice

Practice Question

Lisa drives 45 minutes to work daily in a rural area with no public transportation options. Her 10-year-old car broke down and needs $3,000 in repairs, but she could buy a reliable used car for $8,000. The car repair/purchase is:

A. Definitely a want - cars are luxury items B. Definitely a need - she must get to work somehow
C. A want - she should take public transportation D. It depends on available alternatives

Suggested Answers

  • A
  • B - Correct
  • C
  • D
Section 3 - Practice

Type

Sort Into Boxes

Practice Question

Sort these food expenses based on whether they're typically needs or wants:

Labels

  • First Box Label: Food Needs
  • Second Box Label: Food Wants

First Box Items

  • Basic groceries
  • Generic brands
  • Essential nutrients
  • Home cooking

Second Box Items

  • Organic premium
  • Daily takeout
  • Gourmet dining
  • Convenience foods
Section 4 - Practice

Type

Swipe Left or Right

Practice Question

These scenarios involve gray areas between needs and wants. Swipe based on whether each situation makes the expense more like a need or want:

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