How to Determine the Difference Between Wants and Needs

The Agent of Wealth

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7M ago 16:54

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Picture this: You’re working hard and generating income, but still it feels like you’re treading water – never getting ahead. If this sounds familiar, it could be your spending habits holding you back.
In this episode of The Agent of Wealth Podcast, host Marc Bautis distinguishes the difference between wants and needs. Whether you’re struggling to differentiate between wants and needs in your own life, or seeking strategies to align your spending with your financial goals, this episode will help you pave the way towards a better financial future.

In this episode, you will learn:

The distinction between wants and needs, and how doing so empowers effective financial prioritization.
What to do when the lines are blurred between wants and needs.
What the 50/30/20 budgeting rule is, and how it promotes financial stability.
How to align your spending habits with your values and priorities.
How to conduct a wants vs. needs audit to align your financial decisions with your long-term goals.
And more!

Resources:
Episode Transcript & Blog | Bautis Financial: 8 Hillside Ave, Suite LL1 Montclair, New Jersey 07042 (862) 205-5000 | Schedule an Introductory Call

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