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after determining which items are wants vs needs, what does the video r…

Question

after determining which items are wants vs needs, what does the video recommend you do?○ ignore the wants completely and only ever focus on the needs.○ borrow items from friends instead of making any purchases.○ immediately buy all the wants while you can.○ rank the wants and start saving for the more important ones.

Explanation:

Brief Explanations

This is a personal finance question. Standard financial guidance distinguishes needs (essential for survival) and wants (non-essential desires). It does not advise eliminating wants entirely, borrowing unnecessarily, or impulse-buying wants. Instead, it recommends prioritizing wants and saving for high-priority ones.

Answer:

Rank the wants and start saving for the more important ones.