Helping you to plan for now and the future
Needs, wants and wishes. We all have them although let’s be honest, some people think wants are needs, and well…… they’re really not.
This week’s video is about working out how to prioritise your spending into these three categories. When building a budget, its not rocket science to understand paying for your basic needs should come first. But sometimes it’s not always easy to make those decisions. Sometimes we need help to work out what is a priority, and what isn’t. So we hope this short video explaining the difference between needs, wants and wishes makes these categories a little clearer.
We’re here to help you make sense of how to budget and take control of your money with this series of videos that will cover:
- Simple steps for setting up your own budget
- How to build emergency funds and savings
- How to set (and stick to) financial priorities
- Where you can get support when you need it
Check out last week’s video here. Over the coming weeks we’ll keep dropping new videos to make learning about budgeting easy, so stay tuned!
The video series has been produced by our Financial Inclusion Support Worker Issam Alameh. He’s got a great story – you can read about how growing up in a warzone inspires his passion to make a difference.