Identifying wants and needs

Infographic by Paula Pant and About.com

Earlier in the week, we discussed the importance of deciding which of your expenses are needs and which are wants. Today’s infographic from Paula Pant and About.com can help you make those decisions.

Remember: there’s nothing wrong with spending money on things you want. However, to reach your financial goals and maintain your financial health, there may be times when you will have to sacrifice the things you want.

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