Needs vs. Wants

"The word 'want' pertains to things you can live without, while the term 'need' corresponds to things you can't live without." This simple yet profound statement has stayed with me since I heard it during one of the last OJT (On-Job-Training) seminars in college. These seminars, conducted by the Institute, aimed to prepare us for life after graduation, focusing particularly on managing daily expenses to save effectively.

Now, almost a year into my career, I’m proud to say I’ve applied this principle in my daily life. While my savings haven't grown substantially due to my responsibilities as the family's breadwinner, the joy of giving back to those who supported me from infancy is indescribable. Seeing my family happy brings me immense satisfaction. I'm patient and faithful, trusting that I’ll reach a point where I can save for my future.

Despite adhering to this principle, I sometimes find myself torn between needs and wants. With my own earnings, I’m tempted to indulge in things I desire. However, my conscience often questions whether I truly need these things or simply want them. It’s a constant internal debate!

Our needs—food, shelter, clothing—are essentials for survival. Fulfilling them is a natural human instinct, but the desire for more can easily become a vice.

Eating in a simple eatery vs Eating in a fancy restaurant

Living in a humble house vs Living in a grand mansion

Renting a regular apartment vs Renting a luxurious condo

Wearing decent clothings vs Wearing branded garments

Indulging in our wants isn’t inherently wrong, but it’s crucial to recognize our limits. Reflect on those less fortunate—families who struggle to afford even three meals a day, people without a place to call home, individuals lacking decent clothes. You might not feel responsible for them, but at least consider their lives. Remember, you're fortunate.

Sometimes, depending on your profession, what starts as a want can become a need. A businessman might need to rent a luxurious condo in a city where regular apartments are scarce. A celebrity might need fancy clothing to maintain their image. In such cases, wants transform into needs.

The distinction between "I need it" and "I want it" is significant. While you might want everything, you only need a few essentials to survive. Think of this: "It feels good to satisfy your wants, but it feels even better to share and satisfy others' needs if you have more than enough to offer."

Navigating the balance between needs and wants is a lifelong journey. By prioritizing wisely and reflecting on the broader impact of our choices, we can lead fulfilling lives while extending a helping hand to others.