What is your money language?

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What is your money language? Let’s decode it

How you spend your money says something about your approach to earning, spending and saving your hard-earned cash. Let’s decode 5 money languages.

The spend-o-holic

Saving is not on your radar at all. You want to buy everything you see, need, want and simply “must have”. Shopping list? Forget that! You are likely to go to the mall and arrive home with expensive new shoes, the season’s hottest outfit, and the latest iPhone.

The entertainer

Fun is your middle name and money funds your lifestyle. You know the best places to see and be seen. You like to spoil family and friends with gifts, lavish dinners and extravagant holidays. You also have no qualms lending people money without expecting it back.

 The worrywart

You think about the next disaster that could possibly be lurking around the corner. Your “what if” mentality approach to life makes you hold on to your money for those unexpected events. “Save for the rainy days” is your mantra.

The super saver

You think of yourself as frugal, but people just refer to you as “cheap”. You like to shop during sale season and the words “discount” or “free” make your day! You make sure that every purchase you make counts, quite literally.

The happy medium

You have a healthy approach to your income. You stick to your budget as much as possible and make choices with a longer-term mindset. You have balance between enjoying your money and putting away just enough for savings, investments and long-term goals. ICA/Expat Media with inputs from Investec


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