Shopping tips refer to practical advice or strategies to help consumers make better purchasing decisions, save money, and avoid common pitfalls while shopping.

Needs and want during shopping :

A need refers to something essential for everyday life, like food or clothing. For example, buying staple foods like rice or clothing for the family would be considered needs.

A want refers to something that is not necessary but desired for added comfort or enjoyment, such as purchasing a new smartphone or a luxury watch.

1. Needs are essential for survival and basic functioning, while wants are non-essential and provide additional comfort or pleasure.


2. Needs take priority as they are crucial for well-being, whereas wants are secondary and can be considered after needs are met.


3. Needs are bought regularly because they are necessary for daily life, whereas wants are purchased less often and are more discretionary.


4. needs is necessary for maintaining health and safety, while wants enhances enjoyment and lifestyle but does not affect basic well-being.


5. Needs typically have to be budgeted for as they are unavoidable expenses, while wants are more flexible and can be adjusted based on available funds.

1. Identify what is essential for your daily life (needs) and what is extra (wants).


2. Decide if an item is crucial now or if it can wait. Needs should be dealt with first.


3. Use your budget to cover needs first. After that, spend any remaining money on wants.


4. Think about how each item affects your well-being. Needs are necessary for health and safety, while wants are for extra comfort.


5. Consider how spending on wants might affect your long-term finances. Make sure your needs are covered before focusing on wants.