Loading presentation...

Present Remotely

Send the link below via email or IM

Copy

Present to your audience

Start remote presentation

  • Invited audience members will follow you as you navigate and present
  • People invited to a presentation do not need a Prezi account
  • This link expires 10 minutes after you close the presentation
  • A maximum of 30 users can follow your presentation
  • Learn more about this feature in our knowledge base article

Do you really want to delete this prezi?

Neither you, nor the coeditors you shared it with will be able to recover it again.

DeleteCancel

Make your likes visible on Facebook?

Connect your Facebook account to Prezi and let your likes appear on your timeline.
You can change this under Settings & Account at any time.

No, thanks

Wants vs. Needs

Darter Dollar$ Presentation
by

Ryan Wyatt

on 20 June 2013

Comments (0)

Please log in to add your comment.

Report abuse

Transcript of Wants vs. Needs

Success!
To wish, crave, demand or desire
Wants (n.)
A condition or situation in which
something is required
Needs (n.)
How do I waste money?
TIP: If the reward to yourself for saving money costs more than you "saved'', you didn't save at all!
Wants Vs. Needs
VS.
And how do I STOP wasting money?
1. You spend money just because you can.
It's going to be harder to separate wants from needs if
you can spend anytime you want to.
SOLUTION: Don't carry cash. Most things you buy at school are cash-only. If you have a debit card, check it once a week to see what you are spending your money on and where you can cut back.
2. You don't have a separate account for saving.
Separate your wants from your needs by restricting your spending. If it's out of sight, there's a good chance it'll be out of mind.
SOLUTION: The best thing to do is to open a savings account without a debit card. It is safe in the bank and without easy access, you will be less likely to spend.
But some things are
WANTS & NEEDS
I need a car, but I want a Camaro
I need a house, but I want a mansion
I need food, but I want pizza and skittles
Yeah, ok, so this is where you need to exercise a little bit of judgement.
Having goals will help with these every day decisions
What are 3 things that you want or want to accomplish in the next six months? Write them down on a piece of paper in order of importance.
Car
College
Video Games
You can only achieve
success when you meet your goals
1. Start with small goals
to get yourself started
Example: Week #1, I want to
save $10 of my allowance; If
I do, I will buy myself a redbo
x movie.
2. Don't let your reward break the bank
3.

Be honest with your friends abo
ut your spending
If you feel pressure from someone,
tell them
about your goals. No one can fault yo
u for having
a plan to save for something better
4. Keep coming to Darter Dollar$
Tip: This is the best place to get good tips and better understand your money
Miss Ryan is the coolest too, Duh
Real Life Scenario
Every week you get a $25 allowance. That means:
a. you put it in your pocket and spend $5 each school day
b. you put it in your pocket and spend $2 a day, save the rest in a shoe box at home.
c. You put $10 into checking, $10 into savings, $5
in your pocket for school cash. Focus on your goal
d. You put all $25 of it into savings. Booyah!
WANT VS. NEED

Candy
or
A car
If you saved $20 a week for a year you will have a down payment for a 1st car
Remember to reward yourself!
But if you don't allow yourself some room, you are more likely to slip up and spend
Spending on "little things'' every day will parlay your money!!!
Full transcript