What are "needs"? What are "wants"?
"Needs" are what we need to live. "Wants" include everything else we might like to have, but we don't need to survive. For practice, check the boxes below depending if it's a need or a want.
Separating needs from wants helps get spending under control.
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Need
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Want
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New coat
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Larger apartment
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Water
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Telephone
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Designer jeans
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Dining table
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Milk
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Shoes
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Bed
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Call waiting
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Car
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Cable TV
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Paper towels
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Disposable diapers
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Lottery tickets
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In general, the following could be considered "wants": call waiting, cable TV, and lottery tickets. Other items that may be "wants" (depending on the circumstances) might be: larger apartment, paper towels, and disposable diapers. "Needs" could be water, shoes, and bed.