in personal finance, one makes decisions based on needs vs. wants. what is considered a need? something one…

in personal finance, one makes decisions based on needs vs. wants. what is considered a need? something one would like to have something ones does not budget for something one can afford something one cannot live without
Answer
Brief Explanations:
In personal - finance, needs are essential for survival. Something one would like to have is a want. Not budgeting for something doesn't define a need. Affordability doesn't equate to a need. A need is something one cannot live without.
Answer:
something one cannot live without