Needs, Wants, and Savings

Needs

Your needs are the things you must have to live and be healthy. Examples include:

• Rent
• Utilities
• Food
• Transportation
• Insurance
• Basic clothing

Wants

Your wants are the things you like to have but don't really need. Examples include:

• Hobbies
• Entertainment
• Eating out
• Shopping
• Travel

Savings

Your savings are the money you put aside for your future goals. Examples include:

• Emergency fund
• Retirement account
• College fund
• Any other big purchase you are saving for

Per-Unit Pricing

Many products/services come in various sizes and costs. Per-unit pricing tells you how much money you're spending on each unit of a product/service to help you find the best deal.