3. Examin define a financial need? What are your fixed expenses, or costs you must pay regularly each week, month or year? Which of your budget categories must your provide for first before satisfying others? To what extent is each of your expenses discretionary-under your control in terms of spending more or less for that item or resource? Which of your expenses could you reduce if you had to or wanted to for any reason? e your budget and distinguish between wants and needs. How do you