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SITE :  The 5 Asian Love Languages (satire)

POST : CHILDREN’S Love Languages

 

 

REVIEW – You you feel most loved when :
✔️ Acts of Service – loved-ones do things for you that either take a chore off of your plate or that pamper you. Re. $$ – you feel most supported when you have enough to pay for services that make your life easier.

✔️ Physical Touch –  your partner kisses, hugs & holds your hand in public. Re. $$ – You feel most abundant when you have cash in your wallet, are counting & organizing your money. Touching the money feels satisfying, so prefer to buy things with cash

✔️ Quality Time –  spending time just being in the presence of your loved ones Re. $$ – You feel most supported when your money stays with you for a while. You’re unhappy if it leaves your account as fast as it comes in – like money is abandoning you!

✔️ Receiving Gifts –  receiving gifts of all kinds. You probably also love shopping, wrapping, & giving to others. Re. $$ – you feel prosperous when there’s enough money to pay for the things & experiences you want

✔️ Words of Affirmation – your partner or other family members say they love & appreciate you. Re. $$ – you feel supported by money when you give & receive communication about your finances. You enjoy talking about it with close people, meeting with your Money Team, getting notices about receiving payments…

MONEY LANGUAGES
We communicate in our most fluent love language — doing whatever we would otherwise do – but on a grander scale, using money as a resource

🔺 BORROWING
Traits: Are a big-picture thinker, can assess risks vs gains
Signs of love: Taking out a mortgage, student loans for child’s college fund… 

“There’s a difference between debt in general, vs. good / bad debt.  Leverage gives you access, & catapults you in a direction you want to go. Knowing how to use borrowing can work in your favor, & could be a great love language.” Tapping into “good debt” can open doors to opportunities you wouldn’t have access to otherwise. 

🔺 EARNING
Traits: Hardworking, diligent, persistent
Signs of love: Working extra hours or taking on additional jobs to make sure your family is taken care of

If you grew up in a family where parents worked hard to provide for you, you’re know that working hard to cover bills can translate to a money love language. This could be a parent or partner who works multiple jobs or side hustles for extra cash. 

🔺 INVESTING
Traits: Forward-thinking, builder mentality
Signs of love: IRAs, investing in a discount brokerage or micro investing platform

You think ahead, paying attention to what you’re building for the long-term, thinking beyond you own income & ability to just have money today

🔺 PROTECTING
Traits: Consider all potential scenarios, tends to worry
Signs of love: Insurance policies, estate plan

Concerned about protecting loved ones, you might purchase disability or life insurance, with family members as beneficiaries. This may not seem very romantic, but will help them be financially secure should you get very sick or pass away.

On the legal side – creating generational wealth, requires a will, trust….. Put it on paper. To start building, have an idea of what you’d like included in an estate plan

🔺 SAVING
Traits: Frugal, prudent, resourceful
Signs of love: Establishing an emergency fund, savings account

Stashing money in an emergency fund might not be a flashy, exuberant expression of love. You’re more frugal, rather than going on expensive dates or extravagant financial outing. But when you set up a savings account for someone, you show you care & want that person to have safety net when tough times happen.

🔺 SPENDING
Traits: Fun-loving, spontaneous, impulsive
Signs of love: Surprise outings, meals to new restaurants, day trips

This person is more spontaneous, impulsive, & flexible, living in the here- &-now. Love language Spenders shower others with gifts, impromptu concerts, a meal out, & love to wine & dine friends & family, wanting to enjoy rich, memorable experiences with you people they love

FROM :  The Financial Freedom Formula: 5 Steps to Decrease Debt, Increase Your Income and Save Money.

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