Job One Training: What are Your Money Values?

Your values are those ideas and beliefs that really matter to you. Your values will determine what you will do with your money. Asking yourself, “How do I use my money now?” will tell you a lot about your money values.  

People use money two ways:  

  1. They buy things they need or want now.  
  2. They save for things they may need or want later. 

It’s not about how much money you have, but how you use your money.  It is all about the choices you make

The Difference Between Needs and Wants? 

Here’s a good rule about money: It is very important to make your needs come first. That’s why it is important to know the difference between your needs and your wants. Before you start planning how to use your money, let’s be clear about the difference between needs and wants. 

A need is something you must have to survive, like a place to live and enough food to eat. 

A want is something you might like to have, but you don’t have to have it right away. You can save to have it later. 

Use this Expense Tracker to help you navigate through your financial needs and wants.