Difference of Wants, Needs, and Necessities Wants are just an extra things, things that are not very important. you can live without it. Ex. Cars,phones,makeups,etc. Needs are things that you should have on your everyday life. Ex. Dress, and shelter,money Necessities are the most important things that you can't live without it. Ex. Food, and water. You shouldn't know the difference of those three and spend your money base from the most important things.