“Money or love – which is more important?” It depends whom you ask. It depends why you ask. Either way, there’s really no right or wrong answer. It’s whatever priority you make for yourself.
Love and money just happens to be one of the favorite topics for debate among participants in my financial education workshops. Even the youngest participants (ages 5 and up) come up with surprising answers.
Children understand that money and love are both important.
Jay (aged 5) says “It’s the money. Because people are happy when they have money.”
Lea (aged 7) says “It’s love. Love helps people to feel better.”
Ultimately, it takes money to care for those you love, and it takes love to earn money. The love is the motivation to earn – to care for self and others, as well as to have a place in the world. At least for most of the people I’ve surveyed so far.
Loving people and helping people to take of one another is one of the main reasons that I became licensed in finance. In life, accidents happen, health is an issue and we all eventually expire. Here are some fascinating statistics on life insurance. help ease the financial burden of “life” when it happens, I became insurance licensed.
Many families without resources, found that life insurance is a way to create an instant estate for loved ones. Others decided to create an extra buffer against loss and accident by taking out additional or supplemental policies.
Many people who think “I don’t have any kids. Why do I need insurance?” have discovered the ways that insurance can benefit themselves, shoudl it become necessary.
Or, people can chose to remain overly optimistic and under insured. There’s no judgement. We all want the best for ourselves and each other.
I look forward to spreading financial education among families – for the youngest with “Can I Have Some Money?” books, workshops and school assemblies. For the adults with financial literacy tools such as budgeting, money management and insurance.
The mature person knows that “life” happens. The hugs, kisses, smiles and encouragement are all necessary and should continue forever. A little planning and discipline can go a long way. People with money smarts put some away for a rainy day. Nothing says “I love you” like insurance.
Candi Sparks is the author of the “Can I Have Some Money?” kid money book series for kids and people that love them. Get a free chapter of the new book “LEMONADE SOLD OUT” here.