What's the difference between a want and a need? An example of a want could be wanting to get new clothes everyday, or wanting the brand new iphone right as it comes out if you already have one. An example of a need could be your basic resources like food and water, and depending on the situation, an electronic device. The difference between wanting the new iphone if you have one and needing an electronic device could be the fact that what you have probably functions enough unless it's completely dated while some people don't have devices that may need them for school. The difference between shopping for clothes every week and food every week is you probably already have clothes to wear as you might be running low on money and may need to prioritize the right things.

I feel that needs should always prioritize wants.

I also agree that you should prioritize needs over wants because a need is more urgent than a want. When you want something you don’t have to get it right away. Also using your phone example, lets say you went to the store and you had the choice to buy food or a new phone. Well let’s see, without food you would starve which has long lasting health issues tied with it; while without a new phone nothing really changes, it’s just something that you’d have to live without.