• James Evangelista

Needs and Wants



The season of giving is upon us again! Time flies so fast that most of us didn’t realize Christmas season is coming and 2019 is about to end. Since Christmas is the season of giving, let us always ask ourselves these questions when we are giving gifts to our friends, families, co-workers and even to ourselves.


These questions are important because the gifts we buy always provide value.


These questions are the “Needs” and “Wants” type of questions.


Questions such as:


  • Do I (he/she/they) need this? Will it provide value to my (their) life?

  • What else do I need?

  • Do I need this or I just want it to stop my cravings?

  • Do I just want this because I envy people who have this?


These are some questions we need to ask ourselves every time not only during Christmas. We must understand that our valuable possessions affect our way of living and future investments.


Remember: Needs and Wants are not the same. Identify your needs first before your wants. Besides, what’s the point of having too many materialistic possessions if you can’t use all of them at once?

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