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June 16, 2009
Loans | Personal Finance

What is an essential versus desired expense?

    Published: 06-16-2009
    Views: 8,725

    Description

    Financial expert Kandance Beamon discusses the difference between an essential vs. desired expense.

    Transcript

    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.

    Videos in this Series

    1

    What is a budget?

    2

    What goes into a budget?

    3

    What is cash flow?

    4

    What is the difference between a fixed and variable expense?

    5

    What is an essential versus desired expense?

    6

    Why is goal setting so important?

    7

    Should I keep track of my daily expenses?

    8

    What is the best way to keep a budget?