The Force will be with us always.
Because this is The Penny Hoarder, were especially interested in the part about money.
Prepare to make the jump into hyperspace!
Heres what weve learned:
1.
Always Pay Your Debts Or Else
Bingo.
This is always the first one everyone thinks of.
Our team has compiled alist of creative waysyou can fatten your bank account this week.
This is a long list, so dont get overwhelmed.
Well keep it updated as offers changes or expire.
Han Solo owes money to the giant slug-like crime boss, Jabba the Hutt.
Instead ofdeclaring bankruptcy, Han ends up frozen in carbonite.
Just like with Solo, the longer you dontpay off your debts, the bigger the problem gets.
The interest piles up.
Your first step should be tofigure out what youre dealing with.
Map out exactly what kind of debt you have.
For example, which companies do you owe money to?
Are any of your debts in collections?
What are your minimum monthly payments on each credit card or loan?
Can you ask for forbearance?
Did you know?
Used Vehicles Offer the Best Value
The Millennium Falcon takes its share of verbal abuse.
You came in that thing?
Youre braver than I thought, Princess Leia says upon first seeing the starship.
In The Force Awakens, Rey calls the ship garbage.
But the Millennium Falcon gets the job done.
(Did we mention that it made the Kessel Run in less than 12 parsecs?)
Turns out you dont always need a shiny new vehicle what you need is areliable vehicle.
The result: Lukes family getsthe best droid ever, R2-D2.
Do or Do Not.
There is No Try.
As always, Yoda is right on target.
Youre either going to do it, or youre not.
If youre going to make financial changes, commit to them and be consistent.
Dont just try once or twice and then forget about it.
Sticking to it is the key to success.
But thoseimpulse buyscan really eat into your savings or wreck your efforts topay off credit card debt.
But they overlooked that pesky little design flaw that allowed the Rebel Alliance to destroy the whole thing.
Dont neglect the details like that, because theyll burn you.
Dont skimp on maintenance and repairs for big-ticket items like your home and car.
If you blow that stuff off, youll justend up paying more in the end.
Check out these tips forbudgeting for home improvementsto help you avoid sinking into debt for that next repair.
you’re free to also maintain your wheels byfiguring out how much to budget for car repairs.
Get Rid of Your Old Stuff
The Star Wars universe looks different from Star Trek and other sci-fi controls.
Star Wars has that lived-in look theres junk everywhere.
You know, just like your house.
And in the Star Wars movies,people make money selling that junk just like you should.
On Lukes home planet of Tatooine, those jawas appear to be scavengers, too.
In The Phantom Menace hey, heres our first and only mention of the prequels!
Qui-Gon Jinn and Obi-Wan Kenobi meet young Anakin Skywalker in a junk shop where he fixes things.
Meanwhile, here onourplanet, a number ofapps make it easier than ever to sell your old stuff online.
Know What Things Are Worth.
Shes sorely tempted, but she senses something is wrong and backs off.
Whether youre selling a droid or shopping for shoes online, youve got to watch out for rip-offs.
Heres how to protect yourself fromwork-from-home scams,student loan forgiveness scamsandidentity theft.
Embrace the Gig Economy
When Luke and Obi-Wan need transportation to Alderaan, they basically catch an Uber.
They pay for the Millennium Falcon to take them there.
Thats not a good example at all.
We learn no financial truths from that.
Weve got nothing for you here.
Except that you should invest ingood walking shoes.
Emperor Palpatines master plan takes several movies to unfold.
Apparently the Jedi Council didnt have much of a401(k)match.
The sooner you start saving, investing and paying down your debt, the better off youll be.
All told, thats everything that Star Wars has taught us about money so far.
Take it as you will.
Do, or do not.
There is no try.
Mike Brassfield ([email protected]) is a senior writer at The Penny Hoarder.
HisStar Wars-loving co-workers helped out with this post.
It sounds appealing right?
Check it out here!
