Need vs Want Behaviour

Need vs Want Behaviour

How you desire / want your Goals ?

• Education / Profession / Business what we always like to do
• Beautiful Home
• High tech Car
• Foreign Tour (Travel)
• Luxurious Wedding
• Giving Treat to friends (Share your joy)
• Earn Millions of Millions (More Money)
• Nothing to desire :)

What is your Needs (Basic Requirements) ?

• Nutritious Food, Climate Condition based Home and Life Style (Clothing)
• Hygienic and Good Medicine
• Clean Air for Better Breathing
• Get Education to improve the knowledge and the better life
• To meet the future needs of the financial / income (like Child care, Education, Marriage Expenses, Retirement)

How do you Decide ?

• Need a Healthy Food / Beauty and Enhanced Fast, Packed Food ?
• Living with your partner with love / Just a Luxurious Marriage Party ?
• Spend time to playing with your kids / Giving away items(Toys,Tech Products) what they want to buy and you look like that you have no time to spend with them ?
• Require Education to improve the knowledge and progress in your life / Get Education for others' like the purpose of  advertise yourself ?
• Save Early for the Retirement needs / Thought of managing the retirement on that time or ignorance of planning for retirement ?
• Using Public Transport or Two Wheeler Vehicle for the regular use / Simply buying an expensive car to travel, without any need ?
• Planned Travel or Tour with your friends and family / Without any plan, just going straight for the tour with the Credit (Buy from someone or using Credit Card) ? 

Need vs want:

(Source:  promobiledj.com)

       Watching a favourite movie for me  is an important thing than Breathing   ?

Without Breathing, you cannot watch anymore movies. Therefore the Need (Breathing) to be always given as Preferred (Priority).  'Needs' can fulfill your 'Wants' what you wish. But the Priority of Wants is important :)

So, Simply leave yourself to 'Needs'

Rising Price due to 'Wants' (Inflation):

In a part of a village or city, they require daily average of 100 Kg of Onions  -If suddenly increased to 10,000 Kg ?  Then, the Price movement of Onion will also increased due to Demand / Supply.  This is not only for the Onions...

For our Favourite Vehicle Buying, Regular Fuel, and Education fees too !

So, we have to prioritise our wants through our basic needs. Analyse what we had and what we can get. If need as passion, Set the Goal and Achieve it !

Limit of your 'Wants' helps the necessary choices to them around us and also for the Economic of a Country. 

 Many more vehicles are in the Streets today, without having a place to Park  - Without any requirement we bought that, because of our unplanned desire / Greedy :)

Even if we start a Car Parking Station Business, we have some money to make !!!

If you buy things you do not need, you will soon sell things you need – Warren Buffet

Great Investing !