Need vs. Want: The age-old battle
So many times, folks think what they are spending money 💰 on is a need when it is a want.
In fact, most people have far fewer needs than they really think …
➡️ Food 🫘: we need food with sustenance, like beans. However, many of us want more variety, tastier, or organic foods.
➡️ Housing 🏡: we need a safe roof over our heads to protect us from the elements of Mother Nature. This roof may not necessarily need to be where we are living now. However, many of us want the comfort of multiple rooms, aesthetically pleasing designs, and comfortable furniture, perhaps in a location near social activities. And perhaps in a city or state close to friends, family, career opportunities, and entertainment.
➡️ Clothes 👚: we need warm or cool clothes that can be purchased at a second-hand store or made ourselves. However, many of us want clothes that are fashionable
➡️Transportation 🚙: we need to get to and from a job to pay for our other needs, stores, and perhaps a few close friends and family. This could be by walking, biking, public transit, or a car. However, many of us want to get to other places and want to do so in the comfort of our own car.
While there may be far fewer actual needs, there are many levels of wants 🎯
A recommendation: start with what you truly need and then layer on each level of want as you have the financial means.
Our challenge 💪 to you: what are your real needs for food, housing, clothing, and transportation?
Drop your answers below 👇
Let’s inspire each other!
🌐 www.anthonydoty.com
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How to Gain Real Wealth & Peace of Mind 🌟 #shorts
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Budget friendly self care swaps! This is so needed for me today 🧘🏻♀️☕️🧖🏼♀️
🌐 www.anthonydoty.com
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If you HAD to pick one... which would it be?!
🌐 www.anthonydoty.com
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Hey, everyone! I want to share a personal story with you that taught me some important lessons about credit and financial management. 😬
Recently, I lost $23,000 in available credit overnight with the X1 Card. Waking up to find out that a massive portion of my credit limit had disappeared was a shock, to say the least! This sudden reduction really got me thinking about how credit limits can impact our financial health—especially when we least expect it.
💳 What Happened:
The X1 Card issuer decided to lower my limit without warning, likely due to changes in my credit score or spending patterns. While it didn’t leave me with a major financial issue, it did have an immediate impact on my credit utilization, which can affect my credit score if not managed properly.
⚠️ Why It Matters:
Credit limit reductions like this can catch you off guard, especially if you rely heavily on one card. It’s a reminder to always monitor your credit and be prepared for changes.
💡 What You Can Do to ...
Hey WealthWithDoty family, I wanted to share my incredible journey with you all. Before meeting Holly, I was struggling with multiple businesses and no clear direction. But thanks to her amazing coaching and the AIM methodology, I've transformed my approach and regained my focus.
Check out video here:
If you're feeling stuck or need guidance, I highly recommend connecting with Holly. She can make a real difference in your journey, just like she did in mine! 🙌
🔗 Connect with Holly > https://Links.Anthonydoty.com/s/Holly
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Which of these financial tips do you apply?
🌐 www.anthonydoty.com
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