in personal finance, one makes decisions based on needs vs. wants. what is considered a need?\no something…

in personal finance, one makes decisions based on needs vs. wants. what is considered a need?\no something one would like to have\no something ones does not budget for\no something one can afford\no something one cannot live without
Answer
Brief Explanations:
In personal finance, a need is an essential item or service required for survival. Options like something one would like to have is a want, something not budget - ed for is not a definition of need, and something one can afford is not the core definition of a need. A need is something one cannot live without.
Answer:
something one cannot live without