Session 2: Needs vs. Wants
Learn to tell the difference between what you need and what you want, how advertising blurs the line, and the Islamic principles of moderation.
Your Progress
Learning Objectives
By the end of this session, you will be able to:
- Distinguish between needs and wants with real-world examples
- Explain how advertising influences what we think we need
- Define opportunity cost and apply it to spending decisions
- Describe Israf (wastefulness) and Qasad (moderation) from an Islamic perspective
Why This Matters
Every financial decision starts with a simple question: do I need this, or do I want it? This session builds the critical thinking skills to answer honestly.
Session Lessons
What Do You Really Need?
Explore the difference between survival needs and everything else. Discover why the line between needs and wants is not always clear.
~30 minutes Discussion
The Power of Advertising
Discover how ads shape what we think we need. Learn to spot advertising tricks like urgency, celebrity endorsement, and FOMO.
~30 minutes Activity
Opportunity Cost
Every choice has a cost. Learn what you give up every time you spend money, and how to make better decisions.
~30 minutes Discussion
Israf and Qasad: Balance in Spending
Explore the Islamic concepts of Israf (wastefulness) and Qasad (moderation). Learn what Quran 7:31 teaches about balance.
~30 minutes Values