Renny Doyle • Feb 21, 2023

How Do You Know When It’s a “Need” or a “Want”?

Rsz Wants Needs

Seems pretty simple, right? Needs are things you can’t get by without. Things like your rent or mortgage, utility bills, food, healthcare, etc. Wants are the fun stuff like entertainment, dining out, travel, subscription services, designer clothing, etc. But what about “needs that are really “wants”?


The line between a need and a want can sometimes get blurry. It’s not always black and white and it be hard to differentiate a need from a want. Whether an expense is a need or a want depends on how and why you use it.


For example, you need groceries to survive, but the chips and soda you put in your cart is a want. You may need internet service to run your business, but it’s a want if you are only using it for entertainment. You may need a place to store your equipment and supplies in your shop, but it’s a want if you buy the fancy cabinetry you saw in social media.


It often comes down to a choice. Understanding which expenses are and are not optional will help you create a strong budget. Now, this doesn’t mean that wants are bad. Afterall, they are what motivate us to find success. However, it’s important to not overspend on your wants. Set a budget for your wants, but make sure all your needs and savings are covered first. Never ever go over budget on your wants!



By rethinking how your needs and wants look, you can make the biggest change in your monthly spending and come out ahead!

Detailing Success Blog

By Renny Doyle 19 Mar, 2024
Winners Focus on Winning: Why Drama is a Side Hustle You Don't Need
By Chris Woolman 14 Mar, 2024
Renny Doyle Podcast 196: Adam Pitale, Founder of Adam's Polishes
By Chris Woolman 29 Feb, 2024
Renny Doyle Podcast 195: Love What You Do? The Realities of this Goat with Michael Abens
By Renny Doyle 27 Feb, 2024
Beyond the Shine: Detailing Success Requires More Than Talent
By Chris Woolman 15 Feb, 2024
Renny Doyle Podcast 194: You Can Tell a Winner with Just this One Trait with Grant Menard
By Renny Doyle 13 Feb, 2024
Why Winners Tackle the Hard Stuff First
By Chris Woolman 08 Feb, 2024
Renny Doyle Podcast 193: Delayed Gratification for a Bigger Purpose with Meghan Poirier
By Renny Doyle 23 Jan, 2024
When it comes to your business, the biggest mistake you can make is fading into the background. Your business deserves a spotlight, and the only way to keep it in that spotlight is through consistent action.
By Chris Woolman 11 Jan, 2024
Renny Doyle Podcast 192: Why the Current Economy Should Excite You!
By Renny Doyle 09 Jan, 2024
Get Trained and Get Ahead: Why Training Matters for In-Demand Detailing Services
By Chris Woolman 04 Jan, 2024
Renny Doyle Podcast 191: The Underrated Superpower - Knowing Yourself
By Chris Woolman 21 Dec, 2023
Renny Doyle Podcast 190: Be Optimistic and Win!
Show More
Share by: