Yeah, you are correct in a way. If we are focused on either our wants or needs, it tends to shape our life satisfaction and thus, ensure if we are contented or not. If someone is focused on his/her needs. That means such a person could attain contentment and thus, true happiness and vice versa.
But I guess in reality, us humans can't attain the illusion of true happiness. Because happiness isn't some sustained joy, peace and bliss but are just moments we experience in our life. Everyone has been happy at some point in our life. Happiness isn't attached to material things. And that's why you see the rich people happy and angry sometimes and the poor people happy and sad sometimes. We can't all be sad all the time and also we can't all be happy all the time.
We humans are insatiable creatures. After we are done getting all our needs, we would always move on to our wants. And that's when you hear statements such as, "I want a bigger house in a better environment", "I want to change my car" and so on. It isn't bad to want to improve one's life. As humans we would always seek for more.
Great article @hollowins. Although, I would strongly suggest you read through the pinned articles within the community. Because they are rules, and you missed out on the tags and the words length.
RE: Managing and Reducing Anxiety with Two Different Approaches : Ways to Support Yourself