The Yahoo Finance article below does a great job of pointing out some biggest budget busters that we think we can't live without but that were not part of every day life even a generation ago.

It is easy to find yourself in the trap of thinking that you “need” to have something that doesn’t really fit into your budget. Modern life is full of these so-called essentials.

The Yahoo Finance article below does a great job of pointing out some biggest budget busters that we think we can’t live without but that were not part of every day life even a generation ago.

How many of the 12 “necessities” listed do you find yourself needing? What others come to mind when you read the list?

Click here to read the article