If you think about this choice before acting, you're smarter than an adult! "Want" vs. "Need"—which one would you choose??

🎓 LBS Project Academy Lesson 7

The difference between "wants" and "needs" that I most want to teach children
I have a question for everyone.
If you were given 3,000 yen as pocket money, what would you do?
One day, you go to a store and find a smartphone case designed with your favorite character.
"This is cool! I want it!"
The price is 3,000 yen.
At that moment, your mother says,

"By the way, you needed a ruler for school, didn't you?"

Now, which one would you choose?

"Things you want" and "things you need" are different.

It makes you happy to have a smartphone case, right?

If it's your favorite design, it makes using it every day fun.
But if your current smartphone case is still usable, it's not something you need right now.
Therefore, it is a "want."
On the other hand, you use a ruler in school classes.
If you don't have one, you'll have trouble with your studies.
Therefore, it is a "need."
It's not about which one is good or bad.
However, people who are good at using money
"Is this something I want? Or is it something I need?"
They think about it once before spending their money.

Let's think about one more thing!

If you spend all 3,000 yen on the smartphone case,
you might not have the money to buy the ruler you need for school the next day.
In such a case, what is important is
"Which one do I really need right now?"
to think about that.

Money is the "power to choose."

Just because someone has a lot of money doesn't mean they are good at using it.

What is truly important is

being able to think for yourself about "what to use it for."

Choosing what you need first, and enjoying what you want with the remaining money. That habit will help your future self.

It is not a bad thing to "want" something.

"What do I really need right now?"
People who can stop and think about this for a moment
will become people who can value not only their money but also their own future.
That's all for today 😎

If you start being conscious of this and practicing it from today, I think you will feel differently about the value of things and your own thinking than you have until now 😊
See you tomorrow 👋

LBS Project Academy