1.) explain the cartoon on pg. 84
2.) how do you distinguish between "wants" and "needs" with your money.
3.) give an example of 5 "wants" in your life
4.) give an example of 5 "needs" in your life.
5.) House=big purchase that increases in value over time
Vehicle=decreases in value over time--so.....what are some other expenses that a vehicle may require over time(or what are ways you spend money on your own vehicle) list 5 other vehicle expenses
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1. Well in the picture he seems to have no money but its because hes always spending it and not making a budget for things that he needs or if he wants.
ReplyDelete2. well wants are things that you want like cell phone, tv. computer. things like that and needs are things that you need or have to have .
3. cell phone, tv. computer, skateboard, i-pod
4. Food, Water, clothes, house, hygiene products.
5. Insurance, oil change, new tires, Gas, New brake pads/ Breaks
1.) It's saying that if you don't have a budget, it is very easy to loose your money. I can agree with that. From experience, I am very bad at budgeting my money, and I usually end up spending most of it, without saving anything. If I budgeted it, I would be able to keep track of how much is going where and maybe save some of it.
ReplyDelete2.) Wants are things that you can go without. Needs are things that you have to have to live.
3.) Video Games
Cable
Nice Car
Big House
All the Newest Computer Equipment
4.) Food
Clothing
Shelter
Any Type of Car
Running Water
5.) Oil changes
Replacing Valve Cover Gasket
Windshield Washer Fluid
Replace Transmission
Fix Dents and Scratches
1.) the cartoon is saying that if you don't have a budget you don't know where all of your money is going.
ReplyDelete2.) Things you need are things you can't live with out or things that will help you make more money
3.)video games, tv, new car, expensive clothes, nice shoes
4.)a working car, books for school, food, water, place to sleep
5.)gas, oil, tires, brakes, and engine fluids
1. all your money goes away once you get some
ReplyDelete2. wants: you want it
needs: you need it
3. car, wii, ipod touch, guitar hero, camara
4. food, clothes, shelter, cell phone, water
5. gas, it breaks down, washing it, stereo, stereo system!
@Brooke I never thought about those for wants. Those are good ones. Cell phone and mp3 player.
ReplyDeleteWell, a cell phone is a necessity, but an expensive cell phone is not. You know, like Smartphones and stuff like that.
@Jacie: Very nice description of wants and needs. "Wants: You want it." "Needs: You need it." lol
ReplyDeleteJaci your wants are amazing you dont need all that stuff!
ReplyDeletewow jacie good definitions lol
ReplyDelete1.) it symbolizes that u need a budget to have money and be able to pay for things that u need so that u dont run out of money for the things that u need
ReplyDelete2.) wants- things that u dont absolutely need; needs- things that u cant do without
3.) phone, computer, games, i-pod, tv
4.) food, water, shelter, clothing, job
5.) gas, insurance, oil, other fluids, tires
robert ur right that u dont need expensive clothes but u still need clothing
ReplyDeletelol thanks you guys!!!! hahaha
ReplyDelete1.) pretty much if you don't set a budget for yourself, you are pretty much setting yourself up for going broke.
ReplyDelete2.) First you need to set things up into percentages and then see what things you are going to spend on your needs and separate things into "buckets" so much of a paycheck goes into one for emergency, needs, and wants.
3.) cellphone, movies, tv, computer and video games
4.) food, house, car, clothes, and water
5.) If your transmission goes out, lights go out, brakes go bad, fuel line goes out, and need new tires
1. The guy in the image spends to much money without a budget and has problems with it..
ReplyDelete2. Things u need are things u cant live without. Thingsu want are things u desire nd want but are not neccesary.
3. soccer,new cars,a lot of money,a mansion, nice shoes.
4. money for college, food, a newer car, water, a better job so I can pay for college.
5. gas, oil, tires, radiator, compressor, transimission
does not have money because he is wasting it on stuff he does not need
ReplyDelete2 things you need and things you dont
3 money close house
4 car xbox money
5 oil gas repairs to the car
1. the cartoon is explaining that if you don't have a budget you wont ever have any money
ReplyDelete2. wants are things that you would like to have, needs are things that you use to keep going
3. new car, playstation 3, truck, dirtbike, motorcycle
4. food, clothes, money, drinks, transportation
5. you need to change oil, insurance, gas, battery, timing set
ReplyDelete1. Without a budget your money will disappear and you won't even realize it.
ReplyDelete2. You need needs to survive; you can live without wants.
3. xbox, cat, dog, pretty shirt, tv
4. food, water, shelter, clothing, education
5. Insurance, repairs, gas,all the maintenance
We waste a lot of money on "wants"
ReplyDelete1. if you do not have a budget than it is useless to try and save money because you are not disciplined enough.
ReplyDelete2. wants are things that you would like to have but arnt necessary, and needs are thing that you must have to be able to function.
3. new car, million dollars, tv, new house, everything free.
4. food clothes, shelter, drinks, some amount of money.
5. gas, oil, insurance, battery, brakes.
1. He is spending money on stuff that he doesn't need and not saving money for stuff that he does need.
ReplyDelete2.If i want something i think as long as its little like under $5 i can possibly have it. If i need something i think can i live with out it.
3. New car, new clothes, spending money, getting stuff free,brand new tv.
4. Car, gas, house, food, water
5.Gas, oil, transmission, alternator
I agree with everyones on what their wants and needs are.
ReplyDelete