What is an essential versus desired expense?

    Published: 06-16-2009
    Views: 8,277
    Financial expert Kandance Beamon discusses the difference between an essential vs. desired expense.

    Speaker: What is an essential verses desired expense?

    Kandance Beamon: An essential expense would be those things that you need to survive such as your food, shelter and clothings. Those are the things that you need on a day-to-day basis.