Have you ever heard of the five love languages?

They include: Acts of service, Quality time, Words of affirmation, Physical touch and Receiving gifts.

These five concepts are the most common ways people give and receive love. When people understand and act on the love languages of their significant other, their relationship benefits. When that understanding isn’t there… let’s just say the love turns sour.

Like having a preferred love language, each individual has a preferred way to manage their finances. This is referred to as your money language or money personality.

Check your Money Language or Money Personality here!

A mutual understanding within a relationship of individual money management tendencies, strengths, and weaknesses helps avoid tension, resentment, and financial pain.

Valentine’s Day Is Here: How To Collaborate and Support Your Significant Other Financially.

Open communication:
Discussing financial goals, concerns, and spending habits openly and honestly with your partner. 

Shared responsibility:
Actively participating in managing finances together, including budgeting, savings and debt repayment. 

Acts of service:
Taking on financial tasks like bill paying or researching deals to benefit your partner. 

Thoughtful gifts:
Providing gifts that align with their financial needs or desires, like contributing to a retirement fund or paying for a course they want to take. 

Supporting their dreams:
Investing in their future goals, such as helping with starting a business or making a down payment for their dream car.

So financially speaking, actions that can show love include: contributing to shared savings goals, paying for something your partner needs without being asked, helping manage household finances, discussing financial plans openly, investing in their future, taking on extra financial responsibility to ease their burden, and making thoughtful gifts related to their financial needs or aspirations. 

Love is amazing so exhibit love even in your finances. Happy Valentine’s Day!

Money or Love?

What’s Your Love Language?