1.0TFO Life Academyhttps://tfolifeacademy.com/tfowealthBrian Whitehttps://tfolifeacademy.com/tfowealth/author/bwhitetdccompanies-com/rich600338<blockquote class="wp-embedded-content" data-secret="3pESzHQgio"><a href="https://tfolifeacademy.com/tfowealth/readit/needs-vs-wants/">Needs vs. Wants</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://tfolifeacademy.com/tfowealth/readit/needs-vs-wants/embed/#?secret=3pESzHQgio" width="600" height="338" title="“Needs vs. Wants” — TFO Life Academy" data-secret="3pESzHQgio" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /*! This file is auto-generated */ !function(c,d){"use strict";var e=!1,o=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},c.wp.receiveEmbedMessage);else if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(!t);else if(!(t.secret||t.message||t.value));else if(/[^a-zA-Z0-9]/.test(t.secret));else{for(var r,s,a,i=d.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=d.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=new RegExp("^https?:$","i"),l=0;l<n.length;l++)n[l].style.display="none";for(l=0;l<i.length;l++)if(r=i[l],e.source!==r.contentWindow);else{if(r.removeAttribute("style"),"height"===t.message){if(1e3<(s=parseInt(t.value,10)))s=1e3;else if(~~s<200)s=200;r.height=s}if("link"===t.message)if(s=d.createElement("a"),a=d.createElement("a"),s.href=r.getAttribute("src"),a.href=t.value,!o.test(a.protocol));else if(a.host===s.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),d.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(o);else{o=!0;for(var e,t,r,s=-1!==navigator.appVersion.indexOf("MSIE 10"),a=!!navigator.userAgent.match(/Trident.*rv:11\./),i=d.querySelectorAll("iframe.wp-embedded-content"),n=0;n<i.length;n++){if(!(r=(t=i[n]).getAttribute("data-secret")))r=Math.random().toString(36).substr(2,10),t.src+="#?secret="+r,t.setAttribute("data-secret",r);if(s||a)(e=t.cloneNode(!0)).removeAttribute("security"),t.parentNode.replaceChild(e,t);t.contentWindow.postMessage({message:"ready",secret:r},"*")}}}}(window,document); </script> https://tfolifeacademy.com/tfowealth/wp-content/uploads/2024/04/Financial_Literacy_Month_Week_1-Study-It.jpg17141080When children/grandchildren start thinking about that next set of purchases they have in mind they want to start saving for, don't miss this golden opportunity to discuss with them the concepts of needs versus wants and financial tradeoffs. As part of financial literacy month, this article will explore a simple exercise you can take your younger family members through to teach them how to demonstrate thoughtfulness and intentionality behind their purchase decisions, a habit hopefully they carry forward for years to come.