What Is a Want?
A want is a desire or wish for something that is not essential for survival but is sought after to improve comfort, enjoyment, or satisfaction. Unlike needs , which are basic requirements for living (such as food, water, shelter, and clothing), wants are things that people would like to have but can live without.
Examples of Wants
- A new smartphone
- A vacation trip
- Designer clothes
- Entertainment like movies or video games
Key Points
- Wants are influenced by personal preferences, culture, and social environment.
- They motivate people to work, save money, and make choices.
- Managing wants versus needs is important for budgeting and financial planning.
If you want, I can also explain the difference between wants and needs in more detail!