Needs vs Wants

Categorize the following items into a need versus wants category. Think about your this is your life activity that we have been completing.

Now Categrize the items from 1 to 12 with 1 being the most important thing and 12 be the least important

1.____________________________         7.__________________________

2.____________________________         8.__________________________

3.____________________________         9.__________________________

4.___________________________          10.__________________________

5.____________________________         11.__________________________

6.____________________________         12.__________________________

Now take those same items and if you only had a certain amount of money which of the at least 6 you need necessary to have and would purchase?

1.____________________________         4.__________________________

2.____________________________         5.__________________________

3.____________________________         6__________________________

Now after completing this assignment. How important is a budget to you and why do you feel this way?

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